Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q3 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 384 | 234 | 190 | 347 | 367 | 210 | 175 | 311 | 255 | 116 | 123 | 253 | 162 | 73.7 | 101 |
| Other income | 1.2 | 4.4 | 3.2 | 0.1 | 0.8 | 1.5 | −0 | 0.3 | 0.4 | 0.2 | 0.3 | 0.6 | 2.4 | 3.1 | 0.6 |
| Total expenses | 334 | 233 | 192 | 325 | 324 | 215 | 173 | 284 | 235 | 121 | 116 | 222 | 145 | 75 | 94.2 |
| EBITDA | 57.3 | 10.6 | 7.3 | 31.8 | 50.7 | 3.9 | 9.5 | 34.5 | 27 | −0 | 8.8 | 30.7 | 19 | 0.6 | 8.7 |
| EBITDA margin | 14.9% | 4.6% | 3.9% | 9.2% | 13.8% | 1.8% | 5.4% | 11.1% | 10.6% | -0.0% | 7.2% | 12.2% | 11.7% | 0.8% | 8.6% |
| Finance costs | 2.7 | 5 | 4.6 | 4.5 | 3.1 | 4 | 3.3 | 3 | 2.7 | 2 | 0.3 | 0.4 | 0.7 | 0.4 | 0.7 |
| Depreciation | 4.9 | 4.8 | 4.9 | 4.8 | 4.7 | 4.6 | 4.7 | 4.6 | 4.4 | 3.1 | 1 | 0.1 | 1.3 | 1.5 | 1.2 |
| Profit before tax | 50.9 | 5.3 | 1 | 22.6 | 43.7 | −3.2 | 1.5 | 27.2 | 20.2 | −4.9 | 7.7 | 30.8 | 19.5 | 1.8 | 7.4 |
| Tax | 12.9 | 1.3 | 0.2 | 5.2 | 11.1 | −0.7 | 0.4 | 6.2 | 5.1 | −1.6 | 1.9 | 7.8 | 5 | 0.5 | 1.9 |
| Net profit | 38.1 | 4 | 0.8 | 17.4 | 32.6 | −2.4 | 1.2 | 21 | 15.1 | −3.4 | 5.8 | 23 | 14.5 | 1.2 | 5.5 |
| Net margin | 9.9% | 1.7% | 0.4% | 5.0% | 8.9% | -1.2% | 0.7% | 6.8% | 5.9% | -2.9% | 4.7% | 9.1% | 9.0% | 1.7% | 5.4% |
| EPS (₹) | 11.26 | 1.18 | 0.23 | 5.13 | 9.64 | -0.72 | 0.35 | 6.22 | 4.46 | -1.00 | 1.73 | 6.81 | 4.29 | 0.45 | 1.63 |
| Net profit YoY | +16.8% | +263.5% | −35.0% | −17.5% | +116.3% | +27.9% | −79.8% | −8.7% | +3.9% | −371.4% | +6.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 1,138 | 951 | 654 | 534 |
| Other income | 8.4 | 2.2 | 3.4 | 4.5 |
| Total expenses | 1,074 | 907 | 600 | 494 |
| EBITDA | 100 | 74.8 | 62.9 | 47.4 |
| EBITDA margin | 8.8% | 7.9% | 9.6% | 8.9% |
| Finance costs | 17.2 | 12.9 | 3.4 | 2.3 |
| Depreciation | 19.1 | 18.3 | 5.4 | 5.1 |
| Profit before tax | 72.5 | 45.8 | 57.5 | 44.5 |
| Tax | 17.8 | 10.9 | 13.1 | 11.4 |
| Net profit | 54.7 | 34.8 | 44.4 | 33.1 |
| Net margin | 4.8% | 3.7% | 6.8% | 6.2% |
| EPS (₹) | 16.19 | 10.31 | 13.13 | 12.03 |
| Net profit YoY | +57.0% | −21.5% | +34.0% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | 27.7 | 38.7 | 7.4 | −7.4 |
| Investing cash flow | −29.4 | −32.9 | −62 | −207 |
| Financing cash flow | 1.7 | −8.5 | 57.2 | 214 |
| Capital expenditure | 26.7 | 32.1 | 0 | 83 |
| Free cash flow (CFO − capex) | 1 | 6.6 | 7.4 | −90.4 |
Net profit trend
annual, ₹ croreFY23
₹33.1
FY24
₹44.4+34%
FY25
₹34.8−21%
FY26
₹54.7+57%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 7 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 7 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 27 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 10 Feb 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 13 Aug 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 15.9×16.6×
P/B5Y avg 2.01×2.22×
ROEFY26, on average equity13.0%
Net margin4.8%
Debt / equity0.29×
Revenue CAGR (3Y)28.7%
Profit CAGR (3Y)18.2%
EPS (TTM)₹17.80
Market cap₹998 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.22×
vs 7-point avg 2.01× (+10%)
1.52× low2.01× avg2.90× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹841 Cr+15%
Net worth₹449 Cr+14%
Total borrowings₹132 Cr+14%
Cash & bank balances₹0 Cr+24%
Investments₹0 Cr+0%
Inventories₹207 Cr+50%
Trade receivables₹281 Cr+13%
Trade payables₹216 Cr+10%
Change vs the same date a year earlier.