Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 6,518 | 6,705 | 5,588 | 4,779 | 5,455 | 6,544 | 4,889 | 4,539 | 5,806 | 5,442 | 4,414 | 3,900 | 4,834 | 4,859 | 4,128 | 3,679 | 4,426 | 3,664 | 3,238 | 2,610 | 3,339 | 3,175 | 2,459 | 1,483 | 2,217 | 2,273 | 2,233 | 2,717 | 0 | 0 |
| Other income | 54.2 | 296 | 42.7 | 86.3 | 69.2 | 68.7 | 64.3 | 92.9 | 77.3 | 75.8 | 55.9 | 52.5 | 64.8 | 46.7 | 39.6 | 43.8 | 44.1 | 48.8 | 33.3 | 34.2 | 36.7 | 39 | 79.5 | 32.2 | 20.8 | 25.1 | 27.9 | 39.6 | 0 | 0 |
| Total expenses | 6,180 | 6,097 | 5,189 | 4,456 | 5,055 | 5,911 | 4,576 | 4,269 | 5,335 | 4,919 | 4,079 | 3,617 | 4,517 | 4,419 | 3,786 | 3,472 | 3,996 | 3,303 | 2,867 | 2,327 | 2,920 | 2,745 | 2,114 | 1,429 | 2,040 | 2,064 | 2,056 | 2,490 | 0 | 0 |
| EBITDA | 466 | 729 | 516 | 438 | 516 | 757 | 427 | 375 | 572 | 635 | 433 | 373 | 402 | 527 | 424 | 287 | 520 | 440 | 445 | 355 | 508 | 510 | 422 | 132 | 244 | 270 | 235 | 279 | 0 | 0 |
| EBITDA margin | 7.2% | 10.9% | 9.2% | 9.2% | 9.5% | 11.6% | 8.7% | 8.3% | 9.9% | 11.7% | 9.8% | 9.6% | 8.3% | 10.8% | 10.3% | 7.8% | 11.7% | 12.0% | 13.7% | 13.6% | 15.2% | 16.1% | 17.2% | 8.9% | 11.0% | 11.9% | 10.5% | 10.3% | – | – |
| Finance costs | 7.5 | 9.9 | 8.9 | 9.1 | 9.4 | 15.2 | 9.4 | 10.1 | 8.6 | 17.7 | 10.2 | 9.3 | 8.5 | 9.8 | 7.3 | 6.8 | 19.1 | 12.3 | 11.1 | 11 | 23.5 | 15.2 | 17.3 | 16.7 | 4.6 | 5.3 | 5.1 | 4.7 | 0 | 0 |
| Depreciation | 121 | 112 | 109 | 106 | 106 | 110 | 104 | 94.6 | 92 | 93.4 | 87.7 | 81.2 | 76.3 | 77.4 | 74.6 | 72.1 | 70.7 | 66.2 | 62.4 | 61.6 | 65 | 64.4 | 59.1 | 60.4 | 62.5 | 55.5 | 53.4 | 47.2 | 0 | 0 |
| Profit before tax | 392 | 904 | 396 | 410 | 470 | 701 | 377 | 363 | 549 | 599 | 391 | 335 | 382 | 487 | 381 | 252 | 474 | 411 | 405 | 317 | 456 | 470 | 425 | 86.6 | 198 | 234 | 205 | 267 | 0 | 0 |
| Tax | 103 | 194 | 108 | 96.3 | 122 | 184 | 99.4 | 95.5 | 141 | 153 | 103 | 86.2 | 95 | 129 | 97.9 | 64.7 | 122 | 105 | 102 | 81.2 | 153 | 119 | 98.7 | 22.7 | 20.4 | 32.6 | 25.2 | 89.8 | 0 | 0 |
| Net profit | 290 | 723 | 300 | 318 | 348 | 517 | 278 | 268 | 408 | 447 | 288 | 249 | 287 | 358 | 284 | 187 | 352 | 306 | 302 | 236 | 304 | 350 | 326 | 64 | 178 | 201 | 180 | 177 | 0 | 0 |
| Net margin | 4.4% | 10.8% | 5.4% | 6.7% | 6.4% | 7.9% | 5.7% | 5.9% | 7.0% | 8.2% | 6.5% | 6.4% | 5.9% | 7.4% | 6.9% | 5.1% | 8.0% | 8.3% | 9.3% | 9.0% | 9.1% | 11.0% | 13.3% | 4.3% | 8.0% | 8.9% | 8.0% | 6.5% | – | – |
| EPS (₹) | 4.63 | 11.52 | 4.80 | 5.09 | 5.55 | 8.26 | 4.43 | 4.28 | 6.49 | 7.13 | 4.59 | 3.97 | 4.58 | 5.71 | 4.53 | 2.98 | 5.63 | 4.88 | 4.83 | 3.77 | 4.85 | 5.59 | 5.21 | 1.02 | 2.84 | 3.22 | 2.87 | 2.83 | 0.00 | 0.00 |
| Net profit YoY | −16.6% | +39.9% | +7.9% | +18.9% | −14.7% | +15.7% | −3.5% | +7.5% | +42.0% | +24.8% | +1.5% | +33.2% | – | +1.6% | −7.3% | −38.2% | +16.0% | −12.7% | −7.3% | +268.5% | +71.0% | +74.0% | +81.8% | −63.9% | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 22,528 | 21,778 | 18,590 | 16,911 | 13,938 | 10,457 | 9,440 | 10,073 | 8,269 |
| Other income | 494 | 303 | 249 | 178 | 160 | 187 | 113 | 129 | 118 |
| Total expenses | 20,797 | 20,091 | 17,132 | 15,641 | 12,492 | 9,207 | 8,649 | 9,058 | 7,391 |
| EBITDA | 2,200 | 2,131 | 1,843 | 1,599 | 1,760 | 1,572 | 1,029 | 1,184 | 1,043 |
| EBITDA margin | 9.8% | 9.8% | 9.9% | 9.5% | 12.6% | 15.0% | 10.9% | 11.8% | 12.6% |
| Finance costs | 37.3 | 43.2 | 45.7 | 33.6 | 53.4 | 72.7 | 19.7 | 16.3 | 24.8 |
| Depreciation | 432 | 400 | 339 | 296 | 261 | 249 | 218 | 153 | 140 |
| Profit before tax | 2,180 | 1,990 | 1,707 | 1,447 | 1,607 | 1,438 | 904 | 1,144 | 977 |
| Tax | 520 | 520 | 437 | 375 | 410 | 393 | 169 | 358 | 304 |
| Net profit | 1,689 | 1,470 | 1,271 | 1,072 | 1,196 | 1,044 | 735 | 786 | 661 |
| Net margin | 7.5% | 6.8% | 6.8% | 6.3% | 8.6% | 10.0% | 7.8% | 7.8% | 8.0% |
| EPS (₹) | 26.95 | 23.49 | 20.28 | 17.11 | 19.11 | 16.68 | 11.76 | 12.57 | 10.77 |
| Net profit YoY | +14.9% | +15.7% | +18.6% | −10.4% | +14.6% | +42.0% | −6.4% | +18.8% | – |
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 | 1,572 | 1,515 | 1,953 | 565 | 1,728 |
| Investing cash flow | −893 | −302 | −1,614 | 35 | −759 |
| Financing cash flow | −693 | −669 | −534 | −907 | −547 |
| Capital expenditure | 1,484 | 766 | 786 | 588 | 258 |
| Free cash flow (CFO − capex) | 87.5 | 749 | 1,167 | −22.9 | 1,470 |
Net profit trend
annual, ₹ croreFY21
₹1,044
FY22
₹1,196+15%
FY23
₹1,072−10%
FY24
₹1,271+19%
FY25
₹1,470+16%
FY26
₹1,689+15%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 17 Jul 2026 | PDF XBRL |
| Q1 FY27 | Standalone | 17 Jul 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 22 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 22 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 19 Jan 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 19 Jan 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 17 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 17 Oct 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)–
P/B–
ROEFY26, on average equity19.0%
Net margin7.5%
Debt / equity0.00×
Revenue CAGR (3Y)10.0%
Profit CAGR (3Y)16.4%
EPS (TTM)–
Market cap–
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹14,746 Cr+7%
Net worth₹9,455 Cr+14%
Total borrowings₹0 Cr
Cash & bank balances₹791 Cr−2%
Investments₹0 Cr−100%
Inventories₹4,441 Cr+10%
Trade receivables₹790 Cr−37%
Trade payables₹2,908 Cr−5%
Change vs the same date a year earlier.
Revenue mix FY26
Cables38.5%result ₹1,138 Cr
Lloyd Consumer17.6%result ₹−214 Cr
Electrical Consumer Durables17.2%result ₹343 Cr
Switchgears11.5%result ₹589 Cr
Others7.7%result ₹61.1 Cr
Lighting & Fixtures7.5%result ₹244 Cr
Segment revenue as reported, before inter-segment eliminations.