Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 36.9 | 33.2 | 16.3 | 17.7 | 7.6 | 15.8 | 58.7 | 29.2 | 31.3 | 63.1 | 13.7 | 8.6 | 11.2 | 4.3 | 8.1 | 28.9 | 12.9 | 7.1 | 68 | 12.1 | 8.6 | 16.1 | 15 | 7.5 | 4 | 6.3 | 7.6 | 11.8 | 19 | 0 | 0 |
| Other income | 0.6 | 0.2 | 0.3 | 0.1 | 0.5 | 0.3 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 1.2 | 0 | 0 | 0.1 | 0.1 | 0.6 | 0.3 | 0 | 0.3 | 0.4 | 0.9 | 0.9 | 0.6 | 0.4 | 0 | 0 | 0 | 0 |
| Total expenses | 28 | 4.8 | 10.1 | 6 | 4.1 | 11.9 | 33.3 | 14.1 | 17.5 | 41.5 | 4 | 4 | 4.3 | 19.6 | 5.5 | 9.8 | 6.3 | 5.4 | 54 | 6.9 | 5.1 | 10.3 | 10.4 | 5.2 | 2.8 | 3.9 | 6.1 | 6 | 10.1 | 0 | 0 |
| EBITDA | 10.9 | 29 | 6.9 | 12.2 | 4.1 | 4.5 | 26.2 | 15.8 | 14.3 | 22.2 | 10.3 | 5.2 | 7.3 | −14.9 | 3.1 | 19.6 | 7.2 | 2.1 | 14.4 | 5.7 | 4 | 6.2 | 5.1 | 2.8 | 1.8 | 3 | 2.1 | 6.4 | 9.5 | 0 | 0 |
| EBITDA margin | 29.4% | 87.3% | 42.3% | 69.3% | 53.7% | 28.4% | 44.7% | 54.2% | 45.6% | 35.2% | 75.0% | 60.0% | 65.1% | -344.0% | 37.8% | 67.7% | 55.8% | 30.3% | 21.1% | 46.9% | 46.3% | 38.6% | 33.9% | 37.1% | 44.7% | 47.4% | 27.5% | 54.1% | 49.9% | – | – |
| Finance costs | 1.4 | 0 | 0.2 | 0 | 0 | 0.1 | 0.2 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0 | 0 |
| Profit before tax | 10.4 | 28.5 | 6.5 | 11.8 | 4 | 4.2 | 25.5 | 15.1 | 13.8 | 21.9 | 9.8 | 4.7 | 6.9 | −14.1 | 2.6 | 19.1 | 6.8 | 1.8 | 14.5 | 5.6 | 3.6 | 6.1 | 4.9 | 3.1 | 2.1 | 3 | 1.9 | 5.9 | 9 | 0 | 0 |
| Tax | 1.8 | 6.5 | 1.5 | 1.5 | 0.7 | 0.3 | 6 | 2.6 | 3 | 4 | 0.6 | 0.3 | 1.3 | −3.1 | 0.5 | 4.2 | 1.2 | 0.6 | 3.3 | 1.4 | 0.9 | 3.4 | 1.4 | 0.8 | 0.5 | 0.1 | 0.5 | 0.6 | 2.7 | 0 | 0 |
| Net profit | 8.4 | 22 | 4.9 | 10.2 | 3.3 | 3.9 | 19.5 | 12.5 | 10.8 | 17.9 | 9.2 | 4.4 | 5.7 | −11.1 | 2.1 | 14.9 | 5.7 | 1.2 | 11.2 | 4.2 | 2.6 | 2.7 | 3.5 | 2.3 | 1.6 | 2.9 | 1.4 | 5.3 | 6.3 | 0 | 0 |
| Net margin | 22.8% | 66.4% | 30.2% | 57.9% | 43.7% | 24.6% | 33.2% | 42.9% | 34.6% | 28.3% | 67.0% | 51.5% | 50.8% | -256.2% | 26.3% | 51.5% | 43.7% | 17.1% | 16.5% | 34.7% | 30.5% | 16.8% | 23.6% | 31.0% | 40.8% | 46.4% | 18.5% | 45.1% | 33.2% | – | – |
| EPS (₹) | 4.02 | 11.27 | 2.36 | 4.90 | 1.59 | 1.86 | 9.33 | 6.00 | 5.17 | 8.56 | 4.40 | 2.12 | 2.72 | -5.30 | 1.02 | 7.12 | 2.71 | 0.59 | 5.37 | 2.02 | 1.27 | 1.29 | 1.69 | 1.11 | 0.78 | 1.39 | 0.66 | 2.50 | 2.91 | 0.00 | 0.00 |
| Net profit YoY | +152.1% | +466.4% | −74.7% | −18.4% | −69.1% | −78.3% | +112.2% | +182.5% | +90.0% | +261.5% | +331.4% | −70.2% | +0.6% | −1014.8% | −81.0% | +254.4% | +114.4% | −55.0% | +217.4% | +81.2% | +60.9% | −8.4% | +152.1% | −56.6% | −74.1% | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 74.8 | 135 | 96.7 | 40.1 | 95.8 | 42.5 | 44.8 | 151 | 0 |
| Other income | 1 | 0.6 | 0.4 | 1.3 | 1 | 2.4 | 1.1 | 6 | 0 |
| Total expenses | 25.1 | 76.9 | 53.7 | 27 | 71.4 | 28.7 | 26 | 111 | 0 |
| EBITDA | 52.2 | 60.8 | 45 | 15 | 26.2 | 15.8 | 21 | 41.4 | 0 |
| EBITDA margin | 69.8% | 45.1% | 46.5% | 37.4% | 27.3% | 37.3% | 46.9% | 27.5% | – |
| Finance costs | 0.3 | 0.6 | 0.1 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2.2 | 2.2 | 1.9 | 1.7 | 1.8 | 2 | 2.2 | 2 | 0 |
| Profit before tax | 50.8 | 58.7 | 43.4 | 14.3 | 25.5 | 16.2 | 19.9 | 45.4 | 0 |
| Tax | 8.7 | 11.9 | 6.2 | 2.7 | 6.2 | 6.1 | 3.9 | 9.2 | 0 |
| Net profit | 42.1 | 46.7 | 37.2 | 11.6 | 19.3 | 10.2 | 16 | 36.2 | 0 |
| Net margin | 56.2% | 34.6% | 38.5% | 29.0% | 20.1% | 24.0% | 35.7% | 24.1% | – |
| EPS (₹) | 20.12 | 22.36 | 17.80 | 5.55 | 9.21 | 4.87 | 7.57 | 16.67 | 0.00 |
| Net profit YoY | −10.0% | +25.6% | +220.8% | −39.8% | +89.2% | −36.4% | −55.8% | – | – |
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 | −91 | 216 | −20.9 | 68.4 | 4.8 |
| Investing cash flow | 47.8 | −21.1 | 62.8 | −32.9 | 0.1 |
| Financing cash flow | −4.4 | −4.5 | −4.2 | −0.2 | −4 |
| Capital expenditure | 0.6 | 2.1 | 12.9 | 1.4 | 0.3 |
| Free cash flow (CFO − capex) | −91.6 | 214 | −33.8 | 67 | 4.5 |
Net profit trend
annual, ₹ croreFY21
₹10.2
FY22
₹19.3+89%
FY23
₹11.6−40%
FY24
₹37.2+221%
FY25
₹46.7+26%
FY26
₹42.1−10%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 6 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 16 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 16 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 10 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 11 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 11 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 6 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 16.2×16.5×
P/B5Y avg 0.78×0.90×
ROEFY26, on average equity5.2%
Net margin56.2%
Debt / equity0.00×
Revenue CAGR (3Y)23.2%
Profit CAGR (3Y)53.6%
EPS (TTM)₹21.81
Market cap₹754 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.90×
vs 8-point avg 0.78× (+16%)
0.48× low0.78× avg1.18× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,414 Cr+19%
Net worth₹835 Cr+7%
Total borrowings₹0 Cr
Cash & bank balances₹219 Cr−18%
Investments₹471 Cr−5%
Inventories₹656 Cr+79%
Trade receivables₹1 Cr−72%
Trade payables₹3 Cr−38%
Change vs the same date a year earlier.
Revenue mix FY26
(b) Segment-B (Financial Services)77.7%result ₹52.1 Cr
(a) Segment-A (Real Estate)19.4%result ₹2.6 Cr
(c) Others2.8%result ₹0.1 Cr
Segment revenue as reported, before inter-segment eliminations.