Quarterly results
consolidated · 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 | 85.2 | 99.9 | 71.1 | 69 | 64.9 | 95 | 79.4 | 69.9 | 59.9 | 79.8 | 65.3 | 82.5 | 74.1 | 93.8 | 81 | 72.5 | 67.6 | 99.4 |
| Other income | 0.8 | 0.3 | 0.2 | 0.2 | 0 | 0.3 | 0.1 | 0.4 | 0.2 | 0.8 | 0.5 | 0.6 | 0.4 | 0.3 | 3.7 | 0.5 | 0.3 | −0.5 |
| Total expenses | 83.4 | 99.8 | 70.4 | 67.6 | 63.9 | 90.5 | 77.9 | 69.5 | 65 | 78.4 | 65.3 | 82.8 | 74.3 | 91.8 | 79.5 | 71.2 | 66.2 | 88.1 |
| EBITDA | 7 | 5.7 | 6.8 | 6.4 | 6.1 | 9.7 | 6.9 | 5.9 | 0.2 | 7.5 | 1.4 | 7.7 | 7.9 | 9.5 | 8.3 | 7 | 6.6 | 15.9 |
| EBITDA margin | 8.2% | 5.7% | 9.5% | 9.2% | 9.4% | 10.2% | 8.7% | 8.5% | 0.3% | 9.5% | 2.1% | 9.3% | 10.6% | 10.1% | 10.2% | 9.6% | 9.8% | 16.0% |
| Finance costs | 2.7 | 3.2 | 3.6 | 2.6 | 2.7 | 2.9 | 3 | 3.2 | 3 | 3.8 | 3.5 | 3.4 | 3.6 | 3.1 | 2.4 | 2 | 1.8 | 1.2 |
| Depreciation | 2.4 | 2.4 | 2.5 | 2.4 | 2.4 | 2.4 | 2.4 | 2.4 | 2.3 | 2.3 | −2 | 4.5 | 4.5 | 4.3 | 4.3 | 3.6 | 3.5 | 3.4 |
| Profit before tax | 2.6 | 0.4 | 0.9 | 1.6 | 1.1 | 4.8 | 1.6 | 0.2 | −4.9 | 2.2 | 0.4 | 0.3 | 0.3 | 1.3 | 5.3 | 1.9 | 1.7 | 10.8 |
| Tax | 0.5 | 0.2 | 0.3 | 0.4 | 0.3 | 1.3 | 0.4 | 0.9 | −0.7 | 1 | −0.3 | 0.1 | 0.1 | 0.2 | 1.5 | 0.5 | 0.6 | 3.3 |
| Net profit | 2.1 | 0.2 | 0.6 | 1.2 | 0.8 | 3.5 | 1.2 | −0.6 | −4.2 | 1.2 | 0.7 | 0.2 | 0.2 | 1.1 | 3.7 | 1.4 | 1.1 | 7.5 |
| Net margin | 2.4% | 0.2% | 0.9% | 1.7% | 1.2% | 3.7% | 1.6% | -0.9% | -7.1% | 1.5% | 1.0% | 0.3% | 0.2% | 1.2% | 4.6% | 1.9% | 1.6% | 7.5% |
| EPS (₹) | 0.05 | 0.00 | 0.01 | 0.03 | 0.02 | 0.08 | 0.03 | -0.14 | -0.95 | 0.27 | 0.15 | 0.05 | 0.04 | 0.25 | 0.83 | 0.31 | 0.24 | 1.84 |
| Net profit YoY | +156.1% | −94.4% | −49.4% | +290.3% | +119.1% | +192.8% | +83.9% | −391.3% | −2742.2% | +8.6% | −81.9% | −84.2% | −85.2% | −85.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 305 | 304 | 302 | 317 | 325 |
| Other income | 0.7 | 1 | 2.2 | 2.7 | 1.3 |
| Total expenses | 302 | 303 | 301 | 309 | 301 |
| EBITDA | 24.9 | 22.7 | 24.5 | 33.5 | 48.4 |
| EBITDA margin | 8.2% | 7.5% | 8.1% | 10.6% | 14.9% |
| Finance costs | 12 | 12 | 14.2 | 9.3 | 10 |
| Depreciation | 9.7 | 9.5 | 9.4 | 15.8 | 13.6 |
| Profit before tax | 4 | 1.7 | 3.2 | 10.1 | 26.1 |
| Tax | 1.2 | 1.9 | 0.9 | 2.9 | 8 |
| Net profit | 2.8 | −0.1 | 2.2 | 7.3 | 18.1 |
| Net margin | 0.9% | -0.0% | 0.7% | 2.3% | 5.6% |
| EPS (₹) | 0.06 | 0.00 | 0.50 | 1.63 | 4.45 |
| Net profit YoY | +2426.3% | −105.4% | −69.1% | −59.8% | – |
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 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 32.9 | 23.3 | 5.3 | 23.2 | 24.8 |
| Investing cash flow | −19.4 | −4.8 | 5.7 | −66.7 | −9.2 |
| Financing cash flow | −13.8 | −17.3 | −10.7 | 27.8 | −1.4 |
| Capital expenditure | 9.2 | 7.2 | 5.3 | 63.9 | 4.6 |
| Free cash flow (CFO − capex) | 23.7 | 16.1 | −0.1 | −40.7 | 20.2 |
Net profit trend
annual, ₹ croreFY22
₹18.1
FY23
₹7.3−60%
FY24
₹2.2−69%
FY25
₹−0.1−105%
FY26
₹2.8+2426%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 25 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 25 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 |
| Q3 FY26 | Consolidated | 14 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 14 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 8 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 8 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 109.0×67.8×
P/B5Y avg 1.45×0.99×
ROEFY26, on average equity1.0%
Net margin0.9%
Debt / equity0.32×
Revenue CAGR (3Y)-1.3%
Profit CAGR (3Y)-27.0%
EPS (TTM)₹0.09
Market cap₹278 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.99×
vs 8-point avg 1.45× (−32%)
0.94× low1.45× avg2.16× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹488 Cr−1%
Net worth₹280 Cr+1%
Total borrowings₹90 Cr−2%
Cash & bank balances₹2 Cr−12%
Investments₹0 Cr
Inventories₹157 Cr−4%
Trade receivables₹102 Cr−11%
Trade payables₹90 Cr−10%
Change vs the same date a year earlier.