Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q2 FY24
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 42.8 | 45.4 | 30 | 24.6 | 16.4 | 20.4 | 28.5 | 16.7 | 8.3 | 1.9 | 1.8 | 2 |
| Other income | 0 | 11.7 | 1.7 | 4 | 0 | −0.2 | 1.1 | 0.3 | 1.9 | 1 | 0.1 | 3.4 |
| Total expenses | 26.4 | 42.9 | 15.7 | 9.7 | 5.6 | 10 | 13.1 | 4.2 | 2.3 | 7.3 | 1.5 | 1.9 |
| EBITDA | 25.3 | 12.3 | 22.5 | 22 | 15.6 | 11.3 | 15.7 | 12.7 | 6.2 | −4.9 | 0.7 | 0.9 |
| EBITDA margin | 59.1% | 27.1% | 74.9% | 89.4% | 95.0% | 55.4% | 55.1% | 75.8% | 73.8% | -253.4% | 40.5% | 42.4% |
| Finance costs | 4 | 4.9 | 3.6 | 3.3 | 2.5 | 0.9 | 0.3 | 0 | 0 | 0.2 | 0 | 0.4 |
| Depreciation | 4.9 | 4.9 | 4.6 | 3.8 | 2.3 | 0 | 0.1 | 0.1 | 0.1 | 0.3 | 0.4 | 0.4 |
| Profit before tax | 16.5 | 14.1 | 16 | 19 | 10.8 | 10.3 | 16.5 | 12.9 | 7.9 | −3.8 | 0.5 | 3.5 |
| Tax | 1.7 | −14.2 | 2.7 | 3.4 | −0.5 | −0.2 | 0.9 | −0.1 | 0.4 | −5.3 | 0 | 0 |
| Net profit | 14.8 | 28.3 | 13.3 | 15.6 | 11.3 | 10.4 | 15.6 | 12.9 | 7.6 | 1.5 | 0.5 | 3.5 |
| Net margin | 34.6% | 62.5% | 44.2% | 63.4% | 68.9% | 51.1% | 54.6% | 77.2% | 90.5% | 75.0% | 25.3% | 172.4% |
| EPS (₹) | 3.70 | 7.08 | 3.32 | 3.90 | 2.83 | 2.61 | 3.89 | 3.23 | 1.89 | 4.16 | 1.34 | 11.17 |
| Net profit YoY | +30.7% | +171.1% | −14.7% | +20.8% | +50.1% | +614.8% | +3354.6% | +266.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 116 | 74 | 6.5 |
| Other income | 17.4 | 3.1 | 4.5 |
| Total expenses | 73.9 | 29.6 | 12.3 |
| EBITDA | 72.4 | 45.9 | −3.5 |
| EBITDA margin | 62.2% | 62.0% | -54.3% |
| Finance costs | 14.2 | 1.2 | 0.9 |
| Depreciation | 15.6 | 0.2 | 1.4 |
| Profit before tax | 59.9 | 47.6 | 0.3 |
| Tax | −8.6 | 1.1 | −5.3 |
| Net profit | 68.5 | 46.5 | 5.6 |
| Net margin | 58.9% | 62.8% | 86.2% |
| EPS (₹) | 17.13 | 11.62 | 15.85 |
| Net profit YoY | +47.5% | +734.0% | – |
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 |
|---|---|---|---|
| Operating cash flow | 45.3 | 10.5 | 3.5 |
| Investing cash flow | −74.9 | −167 | −23.6 |
| Financing cash flow | 31.1 | 164 | 19.6 |
| Capital expenditure | 73.5 | 183 | 0 |
| Free cash flow (CFO − capex) | −28.2 | −172 | 3.5 |
Net profit trend
annual, ₹ croreFY24
₹5.6
FY25
₹46.5+734%
FY26
₹68.5+47%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 24 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 24 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 5 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 5 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 29 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 29 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 1 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 1 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 22 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 87.2×38.2×
P/B5Y avg 4.79×7.78×
ROEFY26, on average equity21.9%
Net margin58.9%
Debt / equity0.57×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹18.00
Market cap₹2,750 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
7.78×
vs 6-point avg 4.79× (+62%)
0.85× low4.79× avg8.62× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹608 Cr+32%
Net worth₹353 Cr+30%
Total borrowings₹203 Cr+23%
Cash & bank balances₹10 Cr+18%
Investments₹34 Cr+23%
Inventories₹0 Cr
Trade receivables₹233 Cr+18%
Trade payables₹19 Cr+2%
Change vs the same date a year earlier.