Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q3 FY20
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 46.7 | 63.5 | 60.9 | 35.8 | 40.7 | 59.3 | 57.7 | 43.4 | 43 | 59.7 | 55.4 | 41.4 | 42.6 | 52 | 45.5 | 35.4 | 39.9 | 25 | 25.2 | 15.4 | 7.3 | 9 | 7 | 1.5 | 1.5 | 37.5 | 43.7 |
| Other income | 3.3 | 4.2 | 2.8 | 3.1 | 3.2 | 4.2 | 3.1 | 2.6 | 5.2 | 3.6 | 2.9 | 1.8 | 1.6 | 4.8 | 2.9 | 1.3 | 1 | 1.8 | 0 | 1.1 | 0.4 | 18.3 | 1.5 | 2.8 | 2.7 | 1.4 | 3.3 |
| Total expenses | 50.7 | 59.1 | 54.9 | 47.7 | 47.4 | 51.2 | 50.5 | 44.8 | 46.5 | 52.9 | 48.7 | 41.1 | 42.3 | 49.5 | 44.3 | 40.3 | 39.2 | 29.9 | 29.1 | 26.4 | 23.5 | 29.3 | 25.4 | 17.8 | 15.2 | 56.5 | 57.5 |
| EBITDA | 1.2 | 10.7 | 11.6 | −6.2 | −1.7 | 12.9 | 11.8 | 2.9 | 0.5 | 11 | 10.9 | 4.4 | 4.4 | 7 | 5.2 | −1 | 4.7 | −1.5 | −0.2 | −6.9 | −12.2 | −14.8 | −14.6 | −13.1 | −10.5 | −14 | −11.3 |
| EBITDA margin | 2.5% | 16.8% | 19.0% | -17.3% | -4.2% | 21.7% | 20.5% | 6.7% | 1.1% | 18.5% | 19.7% | 10.7% | 10.3% | 13.4% | 11.4% | -2.7% | 11.8% | -5.8% | -0.8% | -44.8% | -165.7% | -164.5% | -210.2% | -900.7% | -698.0% | -37.2% | -25.9% |
| Finance costs | 0.6 | 1 | 0.7 | 0.8 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 1.5 | 1.2 | 1.2 | 1.3 | 0.5 | 0.3 | 0.8 | 0.7 | 1.3 | 0.5 | 0.3 | 0.3 | 0.8 | 0 |
| Depreciation | 4.6 | 5.3 | 4.9 | 4.9 | 4.4 | 4.3 | 4.1 | 3.8 | 3.5 | 3.7 | 3.7 | 3.6 | 3.5 | 3 | 2.8 | 2.7 | 2.7 | 2.9 | 3.3 | 3.3 | 3.3 | 4.2 | 3.4 | 3 | 3 | 4.3 | 2.4 |
| Profit before tax | −0.8 | 8.6 | 6.9 | −9.9 | −3.5 | 10.7 | 10.3 | 3.5 | 1.6 | 10.4 | 9.5 | 2 | 1.9 | 10.8 | 4.1 | −3.6 | −2.7 | −14.7 | −13.1 | −1.5 | −13.2 | −1.4 | −11.2 | −12.2 | −11.1 | −16.3 | −4.7 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | −0.8 | 8.6 | 6.9 | −9.9 | −3.5 | 10.7 | 10.3 | 3.5 | 1.6 | 10.4 | 9.5 | 2 | 1.9 | 10.8 | 3.1 | −3.6 | −2.7 | −14.7 | −13.1 | −1.5 | −13.2 | −1.4 | −11.2 | −12.2 | −11.1 | −16.9 | 201 |
| Net margin | -1.7% | 13.6% | 11.3% | -27.7% | -8.5% | 18.1% | 17.8% | 8.0% | 3.8% | 17.3% | 17.2% | 4.9% | 4.5% | 20.7% | 6.8% | -10.1% | -6.7% | -58.7% | -52.0% | -9.9% | -179.7% | -15.7% | -161.2% | -844.1% | -738.7% | -44.9% | 460.6% |
| EPS (₹) | -0.01 | 0.13 | 0.10 | -0.15 | 0.00 | 0.16 | 0.16 | 0.05 | 0.02 | 0.16 | 0.14 | 0.03 | 0.03 | 0.16 | 0.05 | -0.05 | -0.04 | -0.22 | -0.20 | -0.02 | -0.21 | -0.02 | -0.18 | -0.19 | -0.18 | -0.26 | -0.07 |
| Net profit YoY | +77.5% | −19.9% | −33.1% | −384.2% | −314.2% | +3.8% | +7.8% | +72.8% | −14.7% | −4.1% | +209.4% | +156.6% | +171.2% | +173.5% | +123.5% | −134.9% | +79.8% | −933.8% | −17.1% | +87.6% | −19.0% | +91.6% | −105.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 201 | 203 | 199 | 173 | 73 | 18.9 | 146 |
| Other income | 13.4 | 15.1 | 9.8 | 10 | 3.3 | 25.2 | 6.5 |
| Total expenses | 209 | 193 | 185 | 173 | 109 | 87.7 | 195 |
| EBITDA | 14.3 | 28.1 | 30.8 | 15.9 | −20.8 | −53 | −37 |
| EBITDA margin | 7.1% | 13.8% | 15.4% | 9.2% | -28.4% | -280.1% | -25.4% |
| Finance costs | 3.1 | 2.2 | 2.4 | 5.1 | 2.4 | 2.3 | 0.9 |
| Depreciation | 19.4 | 15.6 | 14.4 | 11.1 | 12.8 | 13.5 | 11.9 |
| Profit before tax | 2.1 | 26.1 | 23.8 | 8.6 | −42.5 | −35.9 | −20.2 |
| Tax | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net profit | 2.1 | 26.1 | 23.8 | 7.6 | −42.5 | −35.9 | 194 |
| Net margin | 1.0% | 12.9% | 12.0% | 4.4% | -58.2% | -189.9% | 133.0% |
| EPS (₹) | 0.03 | 0.40 | 0.36 | 0.12 | -0.66 | -0.57 | -0.32 |
| Net profit YoY | −92.0% | +9.8% | +211.5% | +118.0% | −18.3% | −118.5% | – |
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 | 36.5 | 33.7 | 23.8 | 35.4 | −48.6 |
| Investing cash flow | −61.5 | 22.2 | −32.6 | 16.4 | 22.3 |
| Financing cash flow | −14.3 | 1.2 | −2.5 | −41.1 | 26.2 |
| Capital expenditure | 31.3 | 11 | 0 | 0 | 0 |
| Free cash flow (CFO − capex) | 5.2 | 22.7 | 23.8 | 35.4 | −48.6 |
Net profit trend
annual, ₹ croreFY21
₹−35.9
FY22
₹−42.5−18%
FY23
₹7.6+118%
FY24
₹23.8+212%
FY25
₹26.1+10%
FY26
₹2.1−92%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 28 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 12 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 9 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 9 Jun 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 11 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 12 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 9 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 24 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)90.2×
P/B0.91×
ROEFY26, on average equity0.4%
Net margin1.0%
Debt / equity0.02×
Revenue CAGR (3Y)5.1%
Profit CAGR (3Y)-35.2%
EPS (TTM)₹0.07
Market cap₹430 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₹642 Cr+2%
Net worth₹471 Cr+1%
Total borrowings₹11 Cr−40%
Cash & bank balances₹20 Cr−66%
Investments₹0 Cr
Inventories₹8 Cr+2%
Trade receivables₹9 Cr−29%
Trade payables₹104 Cr+10%
Change vs the same date a year earlier.