Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 383 | 319 | 301 | 522 | 452 | 335 | 341 | 437 | 296 | 258 | 300 | 424 | 275 | 260 | 27.6 | 421 | 362 |
| Other income | 5.9 | −5.5 | 3.8 | −3.1 | 12.8 | 3.1 | 0.3 | 3.1 | 1.1 | 4.5 | 1.7 | 1.8 | 5.8 | 3.1 | 0.1 | 4 | 4.4 |
| Total expenses | 369 | 382 | 327 | 511 | 454 | 379 | 349 | 398 | 274 | 259 | 284 | 388 | 287 | 249 | 26 | 362 | 322 |
| EBITDA | 49.1 | −23.3 | 12.4 | 48.8 | 31.2 | −14.5 | 12.5 | 59.5 | 40.3 | 12.4 | 24.2 | 44.3 | −4 | 20.4 | 2.4 | 65.8 | 46 |
| EBITDA margin | 12.8% | -7.3% | 4.1% | 9.4% | 6.9% | -4.3% | 3.7% | 13.6% | 13.6% | 4.8% | 8.1% | 10.4% | -1.5% | 7.9% | 8.6% | 15.6% | 12.7% |
| Finance costs | 12.9 | 13.8 | 12.4 | 12.3 | 11.6 | 14.2 | 6.2 | 6 | 4.5 | 5.2 | 2.7 | 2.1 | 2.3 | 2.9 | 0.2 | 1.6 | 1.2 |
| Depreciation | 21.9 | 25.5 | 25.7 | 25.7 | 21.3 | 15.6 | 14 | 13.7 | 13.3 | 8 | 6.4 | 6.2 | 5.6 | 6.1 | 0.6 | 5.6 | 5.3 |
| Profit before tax | 20.1 | −68 | −21.8 | 7.7 | 11.1 | −41.1 | −7.4 | 42.9 | 23.6 | 3.7 | 16.9 | 37.8 | −6.2 | 14.6 | 1.6 | 62.6 | 44 |
| Tax | 13.1 | −9.7 | 1.6 | 9.9 | 4.8 | 0.5 | 3 | 5.3 | 7 | 4.4 | 3 | 10.9 | −0.6 | 3.5 | 0.4 | 15.5 | 10.6 |
| Net profit | 7 | −58.3 | −23.4 | −2.1 | 6.3 | −41.7 | −10.4 | 37.7 | 16.6 | −0.7 | 13.9 | 26.9 | −5.6 | 11.2 | 1.3 | 47.2 | 33.4 |
| Net margin | 1.8% | -18.3% | -7.8% | -0.4% | 1.4% | -12.4% | -3.0% | 8.6% | 5.6% | -0.3% | 4.6% | 6.3% | -2.0% | 4.3% | 4.6% | 11.2% | 9.2% |
| EPS (₹) | 1.78 | -14.45 | -5.81 | -0.36 | 1.53 | -10.37 | -2.55 | 9.49 | 4.19 | -0.09 | 3.48 | 6.73 | -1.40 | 2.79 | 3.16 | 11.78 | 8.36 |
| Net profit YoY | +11.2% | −40.0% | −126.0% | −105.7% | −62.0% | −5608.2% | −174.5% | +39.9% | +396.3% | −106.5% | +1001.6% | −42.9% | −116.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 1,595 | 1,410 | 1,257 | 1,319 |
| Other income | 7.9 | 7.6 | 13.8 | 12.2 |
| Total expenses | 1,674 | 1,399 | 1,219 | 1,193 |
| EBITDA | 69.2 | 97.9 | 76.9 | 156 |
| EBITDA margin | 4.3% | 6.9% | 6.1% | 11.8% |
| Finance costs | 50 | 30.8 | 12.4 | 7.9 |
| Depreciation | 98.1 | 56.6 | 26.1 | 22.7 |
| Profit before tax | −71 | 18.1 | 52.2 | 138 |
| Tax | 6.6 | 15.8 | 17.7 | 33.2 |
| Net profit | −77.6 | 2.3 | 34.5 | 104 |
| Net margin | -4.9% | 0.2% | 2.7% | 7.9% |
| EPS (₹) | -19.10 | 0.77 | 8.72 | 26.08 |
| Net profit YoY | −3547.6% | −93.5% | −66.9% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | −96 | 101 | 107 | 138 |
| Investing cash flow | −88.9 | −239 | −241 | 0 |
| Financing cash flow | 166 | 152 | 62.2 | 0 |
| Capital expenditure | 92.4 | 276 | 254 | 0 |
| Free cash flow (CFO − capex) | −188 | −175 | −146 | 138 |
Net profit trend
annual, ₹ croreFY23
₹104
FY24
₹34.5−67%
FY25
₹2.3−93%
FY26
₹−77.6−3548%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 22 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 22 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 28 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 11 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 11 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 12 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | – | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-9.8×
P/B0.99×
ROEFY26, on average equity-9.7%
Net margin-4.9%
Debt / equity0.75×
Revenue CAGR (3Y)6.5%
Profit CAGR (3Y)–
EPS (TTM)₹-19.21
Market cap₹751 Cr
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₹1,970 Cr+9%
Net worth₹762 Cr−9%
Total borrowings₹573 Cr+66%
Cash & bank balances₹24 Cr−44%
Investments₹5 Cr+87%
Inventories₹462 Cr+37%
Trade receivables₹591 Cr+6%
Trade payables₹500 Cr+3%
Change vs the same date a year earlier.