Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY22
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 385 | 456 | 589 | 387 | 343 | 406 | 515 | 333 | 339 | 364 | 472 | 259 | 354 | 348 | 466 | 333 | 369 | 392 |
| Other income | 8 | 6.1 | 5.5 | 5.2 | 6.1 | 5.3 | 3.7 | 3.4 | 2.3 | 2.5 | 1.4 | 0.4 | 0.2 | 0.6 | 0.9 | 0.7 | 0.6 | 0.3 |
| Total expenses | 358 | 403 | 508 | 365 | 319 | 363 | 456 | 317 | 307 | 323 | 440 | 259 | 312 | 318 | 402 | 314 | 352 | 366 |
| EBITDA | 54.7 | 82.5 | 110 | 49.9 | 49.3 | 71.5 | 82.2 | 38.2 | 51.7 | 63.9 | 56.3 | 24.5 | 66.2 | 56.5 | 91.9 | 43.4 | 36.5 | 45.9 |
| EBITDA margin | 14.2% | 18.1% | 18.7% | 12.9% | 14.4% | 17.6% | 16.0% | 11.5% | 15.3% | 17.6% | 11.9% | 9.5% | 18.7% | 16.3% | 19.7% | 13.0% | 9.9% | 11.7% |
| Finance costs | 4.8 | 5.9 | 7.3 | 6.2 | 4.9 | 6.4 | 4.3 | 4.5 | 3.7 | 4 | 5.8 | 6.5 | 6.9 | 7.2 | 8.2 | 7.6 | 5.5 | 4.9 |
| Depreciation | 22.6 | 23.9 | 22.4 | 21.9 | 20.1 | 22.8 | 18.9 | 17.6 | 16.2 | 18.6 | 18.4 | 18.1 | 17.1 | 20 | 19.6 | 17 | 14 | 14.8 |
| Profit before tax | 35.3 | 58.8 | 86.1 | 27 | 30.4 | 47.6 | 62.6 | 19.6 | 34.1 | 43.8 | 33.5 | 0.4 | 42.4 | 29.9 | 65 | 19.6 | 17.5 | 26.5 |
| Tax | 9.2 | 14.6 | 22.4 | 6.9 | 8.2 | 12.6 | 16.2 | 5.3 | 8.7 | 11 | 8.6 | 0.1 | 10.9 | 7 | 16.7 | 5 | 6.5 | 10.4 |
| Net profit | 26.1 | 44.1 | 63.7 | 20.1 | 22.2 | 35 | 46.5 | 14.3 | 25.4 | 32.8 | 24.9 | 0.3 | 31.5 | 22.9 | 48.3 | 14.5 | 11.1 | 16.1 |
| Net margin | 6.8% | 9.7% | 10.8% | 5.2% | 6.5% | 8.6% | 9.0% | 4.3% | 7.5% | 9.0% | 5.3% | 0.1% | 8.9% | 6.6% | 10.4% | 4.4% | 3.0% | 4.1% |
| EPS (₹) | 0.86 | 1.44 | 2.08 | 0.66 | 0.73 | 1.15 | 1.52 | 0.47 | 0.83 | 1.07 | 0.82 | 0.01 | 1.03 | 0.75 | 1.59 | 0.48 | 0.36 | 0.53 |
| Net profit YoY | +17.7% | +26.0% | +37.0% | +40.3% | −12.5% | +7.0% | +86.7% | +4368.8% | −19.4% | +42.7% | −48.5% | −97.8% | +184.0% | +42.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 1,774 | 1,593 | 1,448 | 1,484 | 1,315 |
| Other income | 22.8 | 14.7 | 4.5 | 2.8 | 2.4 |
| Total expenses | 1,595 | 1,444 | 1,333 | 1,330 | 1,253 |
| EBITDA | 292 | 244 | 211 | 254 | 131 |
| EBITDA margin | 16.5% | 15.3% | 14.6% | 17.1% | 9.9% |
| Finance costs | 24.3 | 18.8 | 23.2 | 28.7 | 18.2 |
| Depreciation | 88.3 | 75.5 | 72.1 | 71 | 50.6 |
| Profit before tax | 202 | 164 | 120 | 157 | 64.2 |
| Tax | 52.1 | 42.8 | 30.6 | 39.5 | 20.9 |
| Net profit | 150 | 121 | 89.4 | 117 | 43.4 |
| Net margin | 8.5% | 7.6% | 6.2% | 7.9% | 3.3% |
| EPS (₹) | 4.91 | 3.97 | 2.93 | 3.85 | 1.43 |
| Net profit YoY | +23.9% | +35.5% | −23.6% | +170.1% | – |
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 | 135 | 235 | 264 | 126 | 12.7 |
| Investing cash flow | −54.7 | −155 | −74.5 | −69.7 | −33.2 |
| Financing cash flow | −93.5 | −84.7 | −192 | −33.1 | 20 |
| Capital expenditure | 90.3 | 59.2 | 45.3 | 68.7 | 33.4 |
| Free cash flow (CFO − capex) | 44.5 | 176 | 219 | 57.8 | −20.7 |
Net profit trend
annual, ₹ croreFY22
₹43.4
FY23
₹117+170%
FY24
₹89.4−24%
FY25
₹121+35%
FY26
₹150+24%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 25 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 2 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 29 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 11 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 11 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 12 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 65.7×41.7×
P/B5Y avg 15.24×7.08×
ROEFY26, on average equity18.1%
Net margin8.5%
Debt / equity0.04×
Revenue CAGR (3Y)6.1%
Profit CAGR (3Y)8.6%
EPS (TTM)₹5.04
Market cap₹6,417 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
7.08×
vs 8-point avg 15.24× (−54%)
7.08× low15.24× avg36.43× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,467 Cr+12%
Net worth₹906 Cr+20%
Total borrowings₹36 Cr
Cash & bank balances₹4 Cr−77%
Investments₹0 Cr
Inventories₹449 Cr+18%
Trade receivables₹153 Cr+3%
Trade payables₹225 Cr−1%
Change vs the same date a year earlier.