Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 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 | Q2 FY23 | Q1 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 349 | 355 | 299 | 282 | 262 | 331 | 252 | 234 | 209 | 241 | 192 | 154 | 181 | 178 | 159 | 173 | 158 |
| Other income | 1.2 | 1 | 1.9 | 1.2 | 2.7 | 1.4 | 2.1 | 1.8 | 1.2 | 1 | 0.9 | 0.8 | 0.9 | 1.1 | 0.5 | 1 | 0.5 |
| Total expenses | 317 | 324 | 271 | 256 | 240 | 302 | 233 | 218 | 194 | 224 | 183 | 147 | 167 | 167 | 150 | 164 | 149 |
| EBITDA | 38 | 37.6 | 34.2 | 30.8 | 26.9 | 34.2 | 25.6 | 23.7 | 21.9 | 25.4 | 18 | 13.4 | 20.5 | 19 | 14.7 | 14.8 | 14.2 |
| EBITDA margin | 10.9% | 10.6% | 11.5% | 10.9% | 10.3% | 10.3% | 10.2% | 10.1% | 10.5% | 10.6% | 9.4% | 8.7% | 11.3% | 10.6% | 9.3% | 8.6% | 9.0% |
| Finance costs | 2.9 | 3 | 2.9 | 2.9 | 2.7 | 2 | 3.8 | 4.5 | 5 | 5.5 | 6.1 | 4.7 | 4.4 | 4.9 | 4 | 4 | 3.4 |
| Depreciation | 2.9 | 3.2 | 3.1 | 2.8 | 2.7 | 2.9 | 2.8 | 2.7 | 2.5 | 2.6 | 2.5 | 2.2 | 2 | 2.1 | 2.1 | 1.9 | 1.8 |
| Profit before tax | 33.5 | 32.3 | 30 | 26.3 | 24.4 | 30.7 | 21 | 18.3 | 15.6 | 18.3 | 10.3 | 7.2 | 15 | 13.1 | 9.2 | 10 | 9.6 |
| Tax | 8.5 | 8.1 | 7.6 | 6.7 | 6.2 | 7.1 | 5.2 | 4.5 | 4 | 4.5 | 2.8 | 2.1 | 3.6 | 3.1 | 2.5 | 2.7 | 2.4 |
| Net profit | 25 | 24.2 | 22.4 | 19.6 | 18.2 | 23.6 | 15.8 | 13.9 | 11.6 | 13.8 | 7.5 | 5.1 | 11.4 | 10 | 6.6 | 7.2 | 7.2 |
| Net margin | 7.1% | 6.8% | 7.5% | 7.0% | 6.9% | 7.1% | 6.3% | 5.9% | 5.6% | 5.7% | 3.9% | 3.3% | 6.3% | 5.6% | 4.2% | 4.2% | 4.5% |
| EPS (₹) | 5.15 | 4.99 | 4.63 | 4.05 | 3.76 | 9.73 | 6.52 | 5.72 | 5.21 | 6.26 | 3.42 | 2.31 | 5.17 | 4.54 | 3.02 | 3.28 | 3.26 |
| Net profit YoY | +37.0% | +2.8% | +41.9% | +41.7% | +57.0% | +71.1% | +110.0% | +172.2% | +1.9% | +38.0% | +13.3% | −29.5% | +58.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 1,198 | 1,025 | 768 | 669 |
| Other income | 6.8 | 6.5 | 3.5 | 3.1 |
| Total expenses | 1,092 | 946 | 721 | 630 |
| EBITDA | 130 | 105 | 77.3 | 62.8 |
| EBITDA margin | 10.8% | 10.3% | 10.1% | 9.4% |
| Finance costs | 11.5 | 15.3 | 20.7 | 16.2 |
| Depreciation | 11.8 | 10.9 | 9.3 | 7.9 |
| Profit before tax | 113 | 85.7 | 50.8 | 41.8 |
| Tax | 28.6 | 20.9 | 13 | 10.7 |
| Net profit | 84.3 | 64.8 | 37.8 | 31 |
| Net margin | 7.0% | 6.3% | 4.9% | 4.6% |
| EPS (₹) | 17.42 | 27.31 | 17.16 | 14.09 |
| Net profit YoY | +30.1% | +71.6% | +21.8% | – |
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 | 61.6 | 56.3 | 1.3 | 27.4 |
| Investing cash flow | −31.7 | −75.7 | −16.4 | −15.9 |
| Financing cash flow | −29.9 | 19.3 | 15.3 | −11.5 |
| Capital expenditure | 57.4 | 24.6 | 21.2 | 13.5 |
| Free cash flow (CFO − capex) | 4.2 | 31.7 | −19.9 | 14 |
Net profit trend
annual, ₹ croreFY23
₹31
FY24
₹37.8+22%
FY25
₹64.8+72%
FY26
₹84.3+30%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 20 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 12 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 27 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 28 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 28 Jul 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 13 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 29 Jan 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 17.9×24.3×
P/B5Y avg 3.63×4.84×
ROEFY26, on average equity20.3%
Net margin7.0%
Debt / equity0.00×
Revenue CAGR (3Y)21.5%
Profit CAGR (3Y)39.6%
EPS (TTM)₹18.83
Market cap₹2,214 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
4.84×
vs 8-point avg 3.63× (+33%)
2.21× low3.63× avg5.71× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹683 Cr+16%
Net worth₹457 Cr+22%
Total borrowings₹0 Cr−100%
Cash & bank balances₹0 Cr+4%
Investments₹31 Cr−31%
Inventories₹173 Cr+15%
Trade receivables₹288 Cr+22%
Trade payables₹159 Cr+16%
Change vs the same date a year earlier.