Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 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 | Q4 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 633 | 597 | 459 | 570 | 495 | 548 | 466 | 621 | 474 | 447 | 454 | 397 | 380 | 349 | 324 | 395 | 324 | 334 |
| Other income | 19.7 | 21.1 | 16.5 | 13.9 | 13.4 | 16.9 | 12.5 | 13.7 | 11.3 | 11.5 | 9.5 | 9.2 | 8.9 | 17.1 | 7.5 | 9 | 15.4 | 7.5 |
| Total expenses | 476 | 475 | 402 | 463 | 398 | 456 | 398 | 496 | 368 | 380 | 390 | 346 | 330 | 310 | 291 | 340 | 280 | 281 |
| EBITDA | 172 | 135 | 70.3 | 119 | 110 | 104 | 81.2 | 137 | 119 | 78.2 | 75.1 | 64.9 | 63.8 | 53.2 | 45 | 66.8 | 55.2 | 64.7 |
| EBITDA margin | 27.2% | 22.7% | 15.3% | 21.0% | 22.1% | 19.1% | 17.4% | 22.0% | 25.0% | 17.5% | 16.6% | 16.3% | 16.8% | 15.3% | 13.9% | 16.9% | 17.1% | 19.4% |
| Finance costs | 2.5 | 2.2 | 1.9 | 2.1 | 2.1 | 2.2 | 2.4 | 2.2 | 2 | 1.9 | 1.9 | 3.7 | 4.3 | 4.7 | 4 | 4.1 | 4.6 | 4.6 |
| Depreciation | 12.8 | 12 | 11.8 | 10.8 | 10.6 | 10.4 | 10.3 | 10.2 | 10.4 | 9.7 | 9.8 | 9.7 | 9.8 | 9.6 | 8 | 7.6 | 7.2 | 7.3 |
| Profit before tax | 176 | 142 | 73.1 | 120 | 110 | 109 | 81 | 138 | 118 | 78.1 | 73 | 60.7 | 58.6 | 56.2 | 40.5 | 64.2 | 58.8 | 60.3 |
| Tax | 43.8 | 34.2 | 17.3 | 29.2 | 27.3 | 31 | 20.2 | 33.9 | 29.2 | 20.3 | 17.1 | 14.8 | 14.9 | 13.1 | 10.1 | 16 | 13.7 | 17.4 |
| Net profit | 133 | 108 | 55.8 | 91.2 | 83 | 77.8 | 60.8 | 104 | 88.4 | 57.8 | 55.9 | 45.9 | 43.7 | 43.1 | 30.4 | 48.1 | 45.1 | 42.9 |
| Net margin | 21.0% | 18.1% | 12.2% | 16.0% | 16.8% | 14.2% | 13.0% | 16.8% | 18.6% | 12.9% | 12.3% | 11.6% | 11.5% | 12.3% | 9.4% | 12.2% | 13.9% | 12.8% |
| EPS (₹) | 57.10 | 46.58 | 24.01 | 39.27 | 35.73 | 33.49 | 26.17 | 44.88 | 38.03 | 24.88 | 24.05 | 19.76 | 18.81 | 18.54 | 13.09 | 20.72 | 19.42 | 18.46 |
| Net profit YoY | +59.8% | +39.1% | −8.3% | −12.5% | −6.0% | +34.6% | +8.8% | +127.1% | +102.2% | +34.2% | +83.8% | −4.6% | – | −4.5% | −29.1% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 2,120 | 2,109 | 1,677 | 1,438 | 1,303 |
| Other income | 64.8 | 54.4 | 39.1 | 42.2 | 39.4 |
| Total expenses | 1,739 | 1,718 | 1,446 | 1,260 | 1,111 |
| EBITDA | 435 | 441 | 282 | 227 | 238 |
| EBITDA margin | 20.5% | 20.9% | 16.8% | 15.8% | 18.3% |
| Finance costs | 8.2 | 8.8 | 11.8 | 17 | 18.2 |
| Depreciation | 45.1 | 41.2 | 39 | 32.4 | 28.2 |
| Profit before tax | 446 | 445 | 270 | 220 | 231 |
| Tax | 108 | 114 | 67 | 53.8 | 63.9 |
| Net profit | 338 | 331 | 203 | 166 | 167 |
| Net margin | 16.0% | 15.7% | 12.1% | 11.6% | 12.8% |
| EPS (₹) | 145.59 | 142.57 | 87.50 | 71.51 | 71.96 |
| Net profit YoY | +2.1% | +62.9% | +22.4% | −0.6% | – |
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 | 275 | 330 | 172 | 218 | 172 |
| Investing cash flow | −208 | −275 | 46.9 | −170 | −141 |
| Financing cash flow | −59.6 | −52.1 | −169 | −89.4 | 5.8 |
| Capital expenditure | 161 | 58.6 | 16.8 | 70.5 | 126 |
| Free cash flow (CFO − capex) | 114 | 271 | 155 | 148 | 46.1 |
Net profit trend
annual, ₹ croreFY22
₹167
FY23
₹166−1%
FY24
₹203+22%
FY25
₹331+63%
FY26
₹338+2%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 6 Aug 2026 | PDF XBRL |
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | 6 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 6 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 31 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 8 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 8 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 19.6×39.8×
P/B5Y avg 2.37×5.81×
ROEFY26, on average equity13.5%
Net margin16.0%
Debt / equity0.00×
Revenue CAGR (3Y)13.8%
Profit CAGR (3Y)26.7%
EPS (TTM)₹166.97
Market cap₹15,425 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.81×
vs 8-point avg 2.37× (+145%)
0.66× low2.37× avg5.81× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹3,011 Cr+12%
Net worth₹2,656 Cr+12%
Total borrowings₹0 Cr
Cash & bank balances₹127 Cr+15%
Investments₹698 Cr+8%
Inventories₹389 Cr+26%
Trade receivables₹53 Cr+26%
Trade payables₹181 Cr+22%
Change vs the same date a year earlier.