Quarterly results
consolidated · as filed with NSE · Q4 FY26 back to Q4 FY18
| ₹ crore | 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 | Q3 FY22 | Q2 FY22 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 6 | 4.1 | 5.1 | 6.7 | 4.8 | 3.9 | 3.3 | 1.6 | 2.2 | 1.5 | 1.9 | 1.9 | 3.6 | 2.2 | 3.5 | 1.1 | 0.3 | 1.3 | 0.2 | 2.3 | 10.9 | 3.1 | 96.8 |
| Other income | 0.3 | 0.2 | 0.4 | 0.2 | 0.6 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7 | 0.1 | 0 | 0 | 1.6 |
| Total expenses | 4.6 | 3 | 3 | 3.6 | 2.8 | 2.5 | 2.9 | 1.3 | 1.9 | 1.2 | 1.6 | 1.6 | 3.4 | 2 | 3.7 | 2.7 | 2.7 | 4.6 | 3.8 | 3.7 | 13 | 4.5 | 114 |
| EBITDA | 3.1 | 2.5 | 3.4 | 3.9 | 2.7 | 1.8 | 0.7 | 0.7 | 0.8 | 0.6 | 0.6 | 0.6 | 1.2 | 0.5 | 0.1 | −1.4 | −2.2 | −2.8 | −3.4 | −0.5 | −1.1 | −0.8 | −2.7 |
| EBITDA margin | 51.4% | 61.0% | 66.4% | 57.6% | 56.7% | 46.4% | 21.8% | 41.7% | 34.3% | 39.7% | 30.0% | 29.5% | 32.9% | 21.5% | 4.1% | -121.3% | -651.2% | -222.3% | -2025.3% | -20.0% | -10.2% | -27.0% | -2.8% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0.7 | 0.2 | 0.2 | 0 | 0 | 0.3 | 0.3 | 0 | 0 | 0 | 0.9 |
| Depreciation | 1.7 | 1.4 | 1.2 | 0.8 | 0.7 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 1 | 1 | 0.6 | 13.6 |
| Profit before tax | 1.7 | 1.2 | 2.6 | 3.3 | 2.6 | 1.7 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.1 | −0.2 | −1.5 | −2.3 | −3.3 | −1 | −5.1 | −2.1 | −1.4 | −15.6 |
| Tax | 0 | 0.1 | 0.1 | 0.1 | 0.9 | 0.1 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0.1 | −0.4 | −0 | 0.9 |
| Net profit | 1.7 | 1.2 | 2.5 | 3.2 | 1.7 | 1.6 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.1 | −0.2 | −1.5 | −2.4 | −3.3 | −1 | −5 | −1.6 | −1.4 | −54.6 |
| Net margin | 27.7% | 29.2% | 49.0% | 48.4% | 36.2% | 41.7% | 12.5% | 21.5% | 15.0% | 19.8% | 14.5% | 12.4% | 7.1% | 6.8% | -4.6% | -135.3% | -708.7% | -261.2% | -600.1% | -218.0% | -15.0% | -45.7% | -56.4% |
| EPS (₹) | 0.01 | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.01 | -0.01 | -0.05 | -0.08 | -0.12 | -0.04 | -0.17 | -0.06 | -0.05 | -1.91 |
| Net profit YoY | −5.2% | −26.4% | +507.6% | +819.2% | +432.1% | +443.4% | +49.2% | +52.5% | +28.6% | +99.2% | +274.4% | +115.1% | +110.9% | +104.5% | +84.0% | – | – | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY18 |
|---|---|---|---|---|---|---|
| Revenue from operations | 21.9 | 13.7 | 7.5 | 10.4 | 2.1 | 230 |
| Other income | 1.1 | 0.9 | 0 | 0.1 | 4.5 | 3.2 |
| Total expenses | 14.1 | 9.5 | 6.4 | 11.6 | 14.6 | 252 |
| EBITDA | 12.8 | 5.9 | 2.5 | 0.5 | −11.5 | 8.1 |
| EBITDA margin | 58.6% | 43.5% | 33.1% | 5.2% | -542.3% | 3.5% |
| Finance costs | 0 | 0.3 | 0.6 | 1.1 | 0.6 | 0.8 |
| Depreciation | 5 | 1.5 | 0.7 | 0.7 | 0.5 | 28.8 |
| Profit before tax | 8.9 | 5.1 | 1.1 | −1.2 | −8 | −18.3 |
| Tax | 0.3 | 1 | 0 | 0 | 0 | −2.1 |
| Net profit | 8.6 | 4.1 | 1.1 | −1.2 | −8 | −52.9 |
| Net margin | 39.3% | 30.2% | 15.2% | -11.3% | -380.4% | -23.0% |
| EPS (₹) | 0.07 | 0.07 | 0.03 | 0.04 | -0.28 | -1.85 |
| Net profit YoY | +108.5% | +263.9% | +196.3% | +85.4% | – | – |
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 | 3.2 | −4.6 | −3.4 | 0.4 | −10.3 |
| Investing cash flow | −52.1 | −24.8 | 0 | −0.3 | −2.1 |
| Financing cash flow | 49.4 | 29.2 | 3.6 | −0.1 | 12.3 |
| Capital expenditure | 39.2 | 18.6 | 0 | 0.4 | 0 |
| Free cash flow (CFO − capex) | −36 | −23.2 | −3.4 | 0 | −10.3 |
Net profit trend
annual, ₹ croreFY18
₹−52.9
FY22
₹−8+85%
FY23
₹−1.2+85%
FY24
₹1.1+196%
FY25
₹4.1+264%
FY26
₹8.6+108%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 11 Feb 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 11 Feb 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 9 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 10 Jul 2025 | PDF XBRL |
| Q4 FY25 | Consolidated · audited | 26 May 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 26 May 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 80.6×7.2×
P/B5Y avg 27.70×0.58×
ROEFY26, on average equity10.9%
Net margin39.3%
Debt / equity0.00×
Revenue CAGR (3Y)28.2%
Profit CAGR (3Y)–
EPS (TTM)₹0.07
Market cap₹62 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.58×
vs 8-point avg 27.70× (−98%)
0.46× low27.70× avg126.96× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹132 Cr+99%
Net worth₹108 Cr+117%
Total borrowings₹0 Cr
Cash & bank balances₹1 Cr+53%
Investments₹21 Cr+206%
Inventories₹0 Cr
Trade receivables₹19 Cr+20%
Trade payables₹1 Cr+172%
Change vs the same date a year earlier.