Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q3 FY19
| ₹ 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 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 182 | 163 | 148 | 151 | 157 | 149 | 136 | 141 | 125 | 123 | 122 | 123 | 121 | 111 | 106 | 103 | 98.7 | 87.5 | 87 | 75.1 | 88.5 | 82.3 | 68.9 | 27.7 | 72.1 | 73.3 | 78.7 | 86.3 | 84.2 | 89.2 |
| Other income | 5.6 | 5.4 | 4.5 | 3.6 | 4.4 | 4.2 | 6.4 | 4.3 | 4 | 3.6 | 4.2 | 6.6 | 5.6 | 5.2 | 1.9 | 1.7 | 2.5 | 0.8 | 1 | 3 | 0.8 | 1.8 | 0.9 | 2.3 | 1.5 | 2.4 | 2.2 | 1.9 | 1.4 | 1.2 |
| Total expenses | 152 | 136 | 126 | 126 | 133 | 124 | 117 | 119 | 104 | 105 | 105 | 109 | 105 | 97 | 91.4 | 89.5 | 85.1 | 77.4 | 76.1 | 69.6 | 77.3 | 74.3 | 62.9 | 33.7 | 65.4 | 65.7 | 68.7 | 73.9 | 72.2 | 79 |
| EBITDA | 32.3 | 29.3 | 24.1 | 27.5 | 27.2 | 27.3 | 22.9 | 24 | 23.5 | 19.9 | 19.5 | 16.2 | 18.3 | 15.5 | 18.1 | 15 | 15.3 | 11.7 | 12.4 | 6.9 | 12.6 | 9.4 | 7.6 | −4.6 | 8.1 | 8.7 | 11.1 | 13.5 | 13 | 11.2 |
| EBITDA margin | 17.7% | 18.0% | 16.4% | 18.3% | 17.3% | 18.4% | 16.8% | 17.0% | 18.8% | 16.2% | 16.0% | 13.1% | 15.1% | 14.0% | 17.1% | 14.6% | 15.5% | 13.4% | 14.3% | 9.2% | 14.2% | 11.4% | 11.0% | -16.8% | 11.3% | 11.9% | 14.1% | 15.6% | 15.4% | 12.6% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2.4 | 2.4 | 2.5 | 2.5 | 2.4 | 2.3 | 2.9 | 2.4 | 2.6 | 2.2 | 2.3 | 1.9 | 2 | 1.6 | 3.7 | 1.9 | 1.6 | 1.6 | 1.5 | 1.4 | 1.4 | 1.4 | 1.6 | 1.5 | 1.4 | 1.1 | 1.1 | 1 | 1 | 1 |
| Profit before tax | 32 | 32.3 | 21.6 | 23.8 | 29.1 | 29.1 | 26.3 | 25.8 | 25 | 21.3 | 21.8 | 20.9 | 33.3 | 19.1 | 16.3 | 14.7 | 16.1 | 10.9 | 11.9 | 8.5 | 12 | 9.8 | 6.9 | −3.8 | 8.2 | 9.9 | 12.2 | 14.4 | 13.3 | 11.4 |
| Tax | 9.2 | 8.3 | 6.1 | 7.3 | 7.6 | 7.5 | 6.8 | 6.7 | 6.5 | 5.4 | 5.5 | 6.1 | 5.7 | 4.9 | 4 | 3.8 | 3.9 | 2.8 | 2.9 | 2.2 | 2.7 | 2.6 | 1.8 | −0.9 | 2.1 | 3.5 | 2 | 5.1 | 4.7 | 4.4 |
| Net profit | 22.9 | 24 | 15.5 | 16.5 | 21.5 | 21.7 | 19.5 | 19.1 | 18.5 | 15.8 | 16.3 | 14.8 | 27.7 | 14.2 | 12.3 | 10.9 | 12.2 | 8.1 | 9 | 6.3 | 9.3 | 7.2 | 5.1 | −2.9 | 6.1 | 6.4 | 10.2 | 9.3 | 8.6 | 7 |
| Net margin | 12.5% | 14.7% | 10.5% | 10.9% | 13.7% | 14.6% | 14.3% | 13.6% | 14.8% | 12.9% | 13.3% | 12.0% | 22.9% | 12.8% | 11.6% | 10.7% | 12.4% | 9.3% | 10.3% | 8.4% | 10.5% | 8.7% | 7.4% | -10.6% | 8.4% | 8.8% | 13.0% | 10.7% | 10.3% | 7.9% |
| EPS (₹) | 30.33 | 31.79 | 22.15 | 25.81 | 33.72 | 33.93 | 30.61 | 29.95 | 28.97 | 24.81 | 25.54 | 23.13 | 43.32 | 22.29 | 19.19 | 17.12 | 19.14 | 12.71 | 14.06 | 9.88 | 14.51 | 11.27 | 7.95 | -4.58 | 9.53 | 10.05 | 16.00 | 14.49 | 13.51 | 11.00 |
| Net profit YoY | +6.2% | +10.6% | −20.6% | −13.8% | +16.4% | +36.7% | +19.8% | +29.5% | −33.1% | +11.3% | +33.1% | +35.1% | – | +16.5% | +51.0% | +21.8% | +31.9% | +12.8% | +76.7% | +315.8% | +52.3% | +12.1% | −50.3% | −131.6% | −29.5% | −8.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 604 | 525 | 477 | 407 | 338 | 251 | 323 | 362 |
| Other income | 16.8 | 18.2 | 21.5 | 7.5 | 5.6 | 6.2 | 7.8 | 4.4 |
| Total expenses | 508 | 445 | 416 | 353 | 300 | 236 | 281 | 317 |
| EBITDA | 106 | 90.3 | 69.7 | 62.8 | 43.6 | 20.8 | 46 | 50.4 |
| EBITDA margin | 17.6% | 17.2% | 14.6% | 15.4% | 12.9% | 8.3% | 14.3% | 13.9% |
| Finance costs | 0.1 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | 0.2 |
| Depreciation | 9.8 | 10 | 7.8 | 8.9 | 5.9 | 5.9 | 4.2 | 4.5 |
| Profit before tax | 104 | 98.3 | 95.2 | 61.3 | 43.3 | 21.1 | 49.6 | 50.1 |
| Tax | 28.4 | 25.3 | 22.2 | 15.4 | 10.7 | 5.7 | 15.1 | 18 |
| Net profit | 75.2 | 73 | 73 | 46 | 32.7 | 15.4 | 34.5 | 32 |
| Net margin | 12.5% | 13.9% | 15.3% | 11.3% | 9.7% | 6.1% | 10.7% | 8.8% |
| EPS (₹) | 114.94 | 114.35 | 114.28 | 71.98 | 51.16 | 24.17 | 54.07 | 50.16 |
| Net profit YoY | +3.0% | +0.1% | +58.8% | +40.7% | +111.6% | −55.3% | +7.8% | – |
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 | 122 | 42.2 | 57.1 | 58.7 | 19.7 |
| Investing cash flow | −127 | −143 | −12.5 | −3.1 | −0.5 |
| Financing cash flow | −16.7 | −16.5 | −25.7 | −16.1 | −6.4 |
| Capital expenditure | 7 | 15.5 | 12.6 | 0 | 5.5 |
| Free cash flow (CFO − capex) | 115 | 26.7 | 44.5 | 58.7 | 14.3 |
Net profit trend
annual, ₹ croreFY21
₹15.4
FY22
₹32.7+112%
FY23
₹46+41%
FY24
₹73+59%
FY25
₹73+0%
FY26
₹75.2+3%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 12 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 12 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 25 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 25 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 6 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 29 Jul 2025 | PDF XBRL |
| Q4 FY25 | Standalone | 14 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 28 Feb 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 40.7×61.8×
P/B5Y avg 7.57×4.57×
ROEFY26, on average equity10.9%
Net margin12.5%
Debt / equity0.00×
Revenue CAGR (3Y)14.1%
Profit CAGR (3Y)17.8%
EPS (TTM)₹104.60
Market cap₹4,875 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
4.57×
vs 8-point avg 7.57× (−40%)
3.60× low7.57× avg10.42× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 30 Jun 2026
Total assets₹1,256 Cr+141%
Net worth₹1,067 Cr+189%
Total borrowings₹0 Cr
Cash & bank balances₹82 Cr−49%
Investments₹648 Cr
Inventories₹47 Cr+40%
Trade receivables₹156 Cr+15%
Trade payables₹160 Cr+25%
Change vs the same date a year earlier.