Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.3 | 0.4 | 0 | 0 | 0 | 1.2 | 0 | 1.3 | 0.2 | 0.2 | 0 | 0 | 0.3 | 0.2 | 1.5 | 0.2 | 0 | 0.4 | 0 | 0.7 | 2 | 0 | 1.5 | 4.1 | 1 | 2.5 | 9.9 | 4.8 | 8.7 | 9.6 | 5.2 | 5.4 | 3 |
| Other income | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.4 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.4 | 0.2 | 0.2 | 1.2 | 0.2 | 0.2 | 0.8 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Total expenses | 0.5 | 0.8 | 0.6 | 1.7 | 0.9 | 1.1 | 1 | 1.2 | 0.9 | 1 | 0.9 | 0.9 | 1.2 | 1.2 | 1.2 | 1 | 0.9 | 0.9 | 0.9 | 1 | 2.5 | 1.7 | 1.9 | 1.7 | 2.7 | 4.7 | 10.1 | 6 | 10.9 | 10.5 | 6.2 | 7.2 | 5.2 |
| EBITDA | −0.1 | −0.2 | −0.4 | −1.2 | −0.6 | 0.3 | −0.7 | 0.3 | −0.5 | −0.6 | −0.7 | −0.6 | −0.6 | −0.8 | 0.6 | −0.6 | −0.8 | −0.3 | −0.7 | −0.1 | −0.4 | −1.6 | −0.3 | 2.6 | −1.6 | −2.1 | −0.1 | −1.1 | −1.9 | −0.7 | −0.8 | −1.6 | −1.9 |
| EBITDA margin | -28.7% | -45.1% | – | – | – | 24.6% | – | 25.1% | -314.3% | -374.3% | – | – | -203.7% | -325.2% | 37.1% | -319.9% | – | -70.3% | – | -9.9% | -20.0% | – | -18.6% | 63.1% | -161.3% | -84.4% | -0.6% | -21.9% | -22.3% | -6.8% | -15.7% | -28.8% | -62.0% |
| Finance costs | 0.1 | 0.1 | 0.1 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Profit before tax | −0.1 | −0.1 | −3.7 | −1.4 | −0.7 | 0.2 | −0.8 | 0.5 | −0.6 | −0.5 | −0.6 | −0.7 | −0.7 | −0.6 | 0.5 | −0.6 | 0.3 | −0.3 | −0.7 | 0.5 | −0.4 | −1.5 | −0.1 | 2.6 | −1.5 | −2 | 0 | −1 | −1.9 | −0.6 | −0.8 | −1.6 | −1.9 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0.1 |
| Net profit | −0.1 | −0.1 | −3.7 | −1.4 | −0.7 | 0.2 | −0.8 | 0.5 | −0.6 | −0.5 | −0.6 | −0.7 | −0.7 | −0.6 | 0.5 | −0.6 | 0.3 | −0.3 | −0.7 | 0.4 | −0.4 | −1.5 | −0.1 | 2.6 | −1.5 | −2 | 0 | −1 | −1.9 | −0.6 | −0.8 | −1.6 | −1.8 |
| Net margin | -34.2% | -32.4% | – | – | – | 19.2% | – | 36.4% | -379.9% | -337.4% | – | – | -229.0% | -261.2% | 35.4% | -299.9% | – | -61.5% | – | 63.4% | -19.2% | – | -9.1% | 64.4% | -153.1% | -83.1% | 0.3% | -20.1% | -22.1% | -6.6% | -16.2% | -28.9% | -58.0% |
| EPS (₹) | -0.05 | -0.07 | -1.84 | -0.68 | -0.36 | 0.11 | -0.40 | 0.23 | -0.30 | -0.27 | -0.32 | -0.34 | -0.36 | -0.31 | 0.27 | -0.28 | 0.13 | -0.13 | -0.36 | 0.21 | -0.19 | -0.77 | -0.07 | 1.30 | -0.76 | -1.02 | 0.01 | -0.48 | -0.96 | -0.32 | -0.42 | -0.74 | -0.87 |
| Net profit YoY | +85.6% | −159.4% | −362.7% | −398.7% | −17.2% | +142.7% | −22.8% | +166.3% | +14.9% | +13.9% | −219.0% | −23.9% | −369.6% | −131.5% | +175.4% | −230.0% | +170.3% | – | +53.1% | +407.8% | −114.4% | +24.7% | −581.6% | +370.8% | +20.8% | −222.5% | +103.4% | +38.7% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.4 | 2.6 | 0.5 | 2 | 3.1 | 18.1 | 28.9 | 5.4 |
| Other income | 0.7 | 0.9 | 0.9 | 2 | 1.3 | 0.9 | 0.9 | 2.6 |
| Total expenses | 3 | 4.2 | 4 | 4.3 | 5.3 | 23.5 | 34.8 | 6.8 |
| EBITDA | −1.8 | −0.6 | −2.6 | −1.6 | −1.5 | −4.8 | −5 | −1 |
| EBITDA margin | -417.5% | -24.0% | -543.3% | -79.5% | -47.8% | -26.5% | -17.2% | -19.2% |
| Finance costs | 0.7 | 0.9 | 0.9 | 0.7 | 0.6 | 0.4 | 0.7 | 0 |
| Depreciation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 |
| Profit before tax | −5.2 | −0.7 | −2.6 | −0.4 | −0.9 | −4.5 | −5 | 1.2 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 |
| Net profit | −5.2 | −0.7 | −2.6 | −0.4 | −0.9 | −4.5 | −5 | 1.2 |
| Net margin | -1228.4% | -27.5% | -548.7% | -19.0% | -30.6% | -24.9% | -17.2% | 23.0% |
| EPS (₹) | -2.58 | -0.36 | -1.29 | -0.19 | -0.47 | -2.24 | -2.48 | 0.64 |
| Net profit YoY | −621.7% | +72.3% | −595.6% | +60.5% | – | +9.4% | – | – |
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 | −1.9 | −1.1 | −1.8 | −0.5 | −2.1 |
| Investing cash flow | 0.6 | 2.2 | 0.7 | 0.7 | 1 |
| Financing cash flow | 0.2 | −1.5 | −0.1 | −1.5 | 0.7 |
| Capital expenditure | 0 | 0 | −0 | 0 | 0 |
| Free cash flow (CFO − capex) | −1.9 | −1.1 | −1.8 | −0.5 | −2.1 |
Net profit trend
annual, ₹ croreFY20
₹−4.5
FY22
₹−0.9+79%
FY23
₹−0.4+60%
FY24
₹−2.6−596%
FY25
₹−0.7+72%
FY26
₹−5.2−622%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF XBRL |
| Q4 FY26 | Standalone · audited | 26 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 17 Feb 2026 | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 17 Feb 2026 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 8 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-2.4×
P/B5Y avg 0.53×0.84×
ROEFY26, on average equity-29.8%
Net margin-1228.4%
Debt / equity0.45×
Revenue CAGR (3Y)-40.1%
Profit CAGR (3Y)–
EPS (TTM)₹-2.63
Market cap₹12 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.84×
vs 8-point avg 0.53× (+58%)
0.35× low0.53× avg0.84× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹23 Cr−18%
Net worth₹15 Cr−26%
Total borrowings₹7 Cr+16%
Cash & bank balances₹0 Cr+3%
Investments₹0 Cr−9%
Inventories₹13 Cr+0%
Trade receivables₹0 Cr−100%
Trade payables₹0 Cr−16%
Change vs the same date a year earlier.