Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY19
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 60.9 | 59.6 | 47.7 | 47.4 | 57.5 | 58 | 54.7 | 41.7 | 53.5 | 68.6 | 59.1 | 50.8 | 55.6 | 60.7 | 45.2 | 37.7 | 39 | 54.2 | 36.9 | 39.7 | 44.9 | 53.3 | 39.4 | 31.6 | 23.4 | 43.5 | 37.4 | 41 | 40.1 | 0 |
| Other income | 0.1 | 0.9 | 0.2 | 0.2 | 0.2 | 0.6 | 0.3 | 0.1 | 0.1 | 2.4 | 0.1 | 0.2 | 0.9 | 0.9 | 0.2 | 0.3 | 0.1 | 1.3 | 0.4 | 0.3 | 0.5 | 0.6 | 0.2 | 0.2 | 0.2 | 0.4 | 0.3 | 0.3 | 0.4 | 0 |
| Total expenses | 56.9 | 58.4 | 49.8 | 47.2 | 55.5 | 56.4 | 52 | 42.1 | 49.4 | 68.6 | 56.2 | 47.6 | 52.6 | 58.4 | 43.6 | 36.8 | 37.3 | 52.6 | 36.8 | 38.3 | 44.1 | 54.2 | 35.9 | 30.6 | 24.3 | 44.3 | 37.5 | 40.7 | 39.5 | 0 |
| EBITDA | 6.1 | 3.6 | 0.7 | 2.1 | 4.6 | 4.3 | 5.8 | 2.5 | 6.9 | 4.4 | 6.3 | 6.9 | 6.5 | 6.5 | 6 | 4.8 | 5.9 | 6.2 | 2.5 | 5.8 | 4.9 | 3.9 | 8.8 | 5.1 | 2.6 | 3.9 | 3.7 | 4.7 | 4.8 | 0 |
| EBITDA margin | 10.0% | 6.0% | 1.4% | 4.5% | 8.0% | 7.4% | 10.6% | 5.9% | 13.0% | 6.5% | 10.6% | 13.6% | 11.7% | 10.7% | 13.2% | 12.7% | 15.3% | 11.5% | 6.6% | 14.6% | 10.9% | 7.4% | 22.5% | 16.2% | 10.9% | 8.9% | 9.9% | 11.4% | 11.9% | – |
| Finance costs | 1 | 0.9 | 1.4 | 0.9 | 1 | 1.3 | 1.6 | 1.4 | 1.3 | 2 | 1.6 | 2.1 | 1.8 | 2.4 | 2.6 | 2 | 2.4 | 2.6 | 1.4 | 3.1 | 2.7 | 3.3 | 3.8 | 2.5 | 1.9 | 3.2 | 2.2 | 2.8 | 2.6 | 0 |
| Depreciation | 1.2 | 1.4 | 1.3 | 1.2 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 2.4 | 1.8 | 1.6 | 1.7 | 1.9 | 1.8 | 1.9 | 1.9 | 2.1 | 1 | 1.2 | 1.3 | 1.4 | 1.5 | 1.6 | 1.5 | 1.5 | 1.7 | 1.6 | 1.6 | 0 |
| Profit before tax | 4.1 | 2.2 | −1.9 | 0.3 | 2.3 | 2.2 | 3 | −0.4 | 4.2 | 2.4 | 3 | 3.3 | 3.9 | 3.2 | 1.8 | 1.2 | 1.8 | 7.8 | −12.1 | 1.8 | 1.3 | −0.3 | 3.6 | 1.2 | −0.7 | 0.9 | 0.2 | 0.6 | 4.6 | 0 |
| Tax | 1 | 0.7 | 0.4 | 0.5 | 0.9 | 1 | 1.6 | 0.2 | 1.1 | 3.6 | 0.6 | 0.6 | 0.7 | 1.9 | 0.3 | 0.2 | 0.4 | 2.6 | 0.3 | 0.2 | 0.2 | 1.1 | 0.4 | 0 | 0 | −0.7 | 0.2 | 0.2 | 0.5 | 0 |
| Net profit | 3.1 | 1.5 | −2.3 | −0.2 | 1.3 | 1.2 | 1.4 | −0.5 | 3.2 | −1.2 | 2.4 | 2.8 | 3.3 | 1.3 | 1.5 | 1 | 1.4 | 5.1 | −12.4 | 1.6 | 1.2 | −1.4 | 3.2 | 1.2 | −0.7 | 1.6 | −0.1 | 0.4 | 4.1 | 0 |
| Net margin | 5.0% | 2.4% | -4.8% | -0.4% | 2.3% | 2.0% | 2.5% | -1.3% | 5.9% | -1.7% | 4.1% | 5.4% | 5.9% | 2.1% | 3.4% | 2.7% | 3.6% | 9.4% | -33.6% | 4.0% | 2.6% | -2.6% | 8.2% | 3.9% | -3.0% | 3.8% | -0.2% | 1.0% | 10.3% | – |
| EPS (₹) | 1.38 | 0.66 | -1.04 | -0.08 | 0.60 | 0.53 | 0.61 | -0.24 | 1.43 | -0.53 | 1.08 | 1.24 | 1.47 | 0.58 | 0.68 | 0.45 | 0.63 | 2.31 | -5.59 | 0.72 | 0.52 | -0.63 | 1.46 | 0.55 | -0.32 | 0.74 | -0.04 | 0.18 | 1.86 | 0.00 |
| Net profit YoY | +130.4% | +22.8% | −270.2% | +66.6% | −58.1% | +201.1% | −43.6% | −119.7% | −2.8% | −191.3% | +58.6% | +175.7% | +132.0% | −74.9% | +112.2% | −37.4% | +21.0% | +466.5% | −483.2% | +31.1% | +264.5% | −184.7% | +4133.3% | +210.4% | −117.2% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 212 | 208 | 234 | 183 | 176 | 147 | 162 | 148 |
| Other income | 1.5 | 1 | 3.6 | 1.5 | 2.5 | 1.1 | 1.4 | 4.1 |
| Total expenses | 211 | 200 | 225 | 176 | 172 | 144 | 162 | 152 |
| EBITDA | 10.9 | 19.5 | 24.1 | 23.2 | 19.4 | 19.7 | 17.1 | 14.6 |
| EBITDA margin | 5.1% | 9.4% | 10.3% | 12.7% | 11.0% | 13.4% | 10.5% | 9.9% |
| Finance costs | 4.2 | 5.6 | 7.6 | 9.4 | 9.8 | 10.8 | 10.7 | 11 |
| Depreciation | 5.4 | 5.9 | 7.5 | 7.4 | 5.6 | 6 | 6.4 | 6.8 |
| Profit before tax | 2.8 | 9.1 | 12.7 | 7.9 | −1.2 | 3.9 | 6.3 | 1 |
| Tax | 2.5 | 3.9 | 5.4 | 2.7 | 3.3 | 1.5 | 0.2 | 0.7 |
| Net profit | 0.3 | 5.2 | 7.3 | 5.2 | −4.5 | 2.4 | 6.1 | 0.3 |
| Net margin | 0.1% | 2.5% | 3.1% | 2.9% | -2.6% | 1.6% | 3.8% | 0.2% |
| EPS (₹) | 0.13 | 2.33 | 3.27 | 2.35 | -2.04 | 1.06 | 2.74 | 0.14 |
| Net profit YoY | −94.3% | −28.8% | +39.4% | +215.1% | −292.3% | −61.3% | +1708.7% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 10.7 | 12.1 | 16.3 | 24.8 | −5.4 |
| Investing cash flow | 0.8 | 1.8 | −5.1 | −0.4 | 52 |
| Financing cash flow | −12.6 | −14 | −10.4 | −26.5 | −45.7 |
| Capital expenditure | 3.4 | 2.5 | 2.7 | 0.4 | 4.1 |
| Free cash flow (CFO − capex) | 7.3 | 9.6 | 13.7 | 24.3 | −9.6 |
Net profit trend
annual, ₹ croreFY21
₹2.4
FY22
₹−4.5−292%
FY23
₹5.2+215%
FY24
₹7.3+39%
FY25
₹5.2−29%
FY26
₹0.3−94%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 27 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 9 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 9 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 71.2×45.1×
P/B5Y avg 0.73×0.73×
ROEFY26, on average equity0.2%
Net margin0.1%
Debt / equity0.23×
Revenue CAGR (3Y)5.1%
Profit CAGR (3Y)-61.7%
EPS (TTM)₹0.91
Market cap₹91 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.73×
vs 8-point avg 0.73× (+0%)
0.47× low0.73× avg1.05× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹210 Cr−4%
Net worth₹125 Cr−0%
Total borrowings₹29 Cr−11%
Cash & bank balances₹0 Cr−81%
Investments₹0 Cr+19%
Inventories₹31 Cr−8%
Trade receivables₹25 Cr+29%
Trade payables₹23 Cr+35%
Change vs the same date a year earlier.