Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY24
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,201 | 1,117 | 998 | 1,039 | 995 | 933 | 880 | 883 | 868 | 731 | 729 | 675 | 619 |
| Other income | 5.9 | 4.2 | 1.9 | 4.1 | 3.4 | 3 | 6 | 2.8 | 2.9 | 3.5 | 1.2 | 1.6 | 0.9 |
| Total expenses | 1,150 | 1,062 | 949 | 995 | 956 | 896 | 846 | 854 | 835 | 707 | 701 | 646 | 591 |
| EBITDA | 100 | 100 | 91.1 | 85.8 | 80 | 77.4 | 73.2 | 69.9 | 72.7 | 60.6 | 56.8 | 53.9 | 50.5 |
| EBITDA margin | 8.4% | 9.0% | 9.1% | 8.3% | 8.0% | 8.3% | 8.3% | 7.9% | 8.4% | 8.3% | 7.8% | 8.0% | 8.1% |
| Finance costs | 23.4 | 22.7 | 19 | 20.1 | 20.5 | 19.6 | 19.9 | 20.8 | 19.8 | 18 | 15.1 | 12.6 | 11 |
| Depreciation | 26.2 | 23 | 23.3 | 22.3 | 20.9 | 20.1 | 20.1 | 20.1 | 19.5 | 18.4 | 13.8 | 11.7 | 10.9 |
| Profit before tax | 56.7 | 57.4 | 47.2 | 47.5 | 42.1 | 40.6 | 39.3 | 31.8 | 36.2 | 27.7 | 29 | 31.2 | 29.5 |
| Tax | 13.8 | 15.6 | 11 | 12.1 | 10.3 | 9.9 | 10.6 | 8.9 | 9 | 4.8 | 7 | 6.6 | 6.1 |
| Net profit | 42.8 | 41.6 | 36.1 | 35.2 | 31.7 | 30.8 | 28.7 | 22.9 | 27.3 | 22.9 | 22 | 24.7 | 23.4 |
| Net margin | 3.6% | 3.7% | 3.6% | 3.4% | 3.2% | 3.3% | 3.3% | 2.6% | 3.1% | 3.1% | 3.0% | 3.7% | 3.8% |
| EPS (₹) | 3.53 | 3.43 | 3.02 | 2.95 | 2.69 | 2.62 | 2.44 | 2.00 | 2.38 | 2.01 | 1.95 | 2.19 | 2.07 |
| Net profit YoY | +34.8% | +35.1% | +25.9% | +53.7% | +16.4% | +34.0% | +30.3% | −7.1% | +16.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 4,251 | 3,564 | 2,755 |
| Other income | 13.7 | 14.6 | 7.2 |
| Total expenses | 4,060 | 3,431 | 2,644 |
| EBITDA | 363 | 293 | 222 |
| EBITDA margin | 8.5% | 8.2% | 8.0% |
| Finance costs | 82.3 | 80 | 56.7 |
| Depreciation | 90.1 | 79.7 | 54.8 |
| Profit before tax | 200 | 148 | 117 |
| Tax | 50.6 | 38.3 | 24.4 |
| Net profit | 149 | 110 | 93 |
| Net margin | 3.5% | 3.1% | 3.4% |
| EPS (₹) | 12.34 | 9.51 | 8.23 |
| Net profit YoY | +35.9% | +17.9% | – |
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 |
|---|---|---|---|
| Operating cash flow | 100 | 114 | 86.7 |
| Investing cash flow | −339 | −289 | −381 |
| Financing cash flow | 196 | 209 | 298 |
| Capital expenditure | 341 | 273 | 133 |
| Free cash flow (CFO − capex) | −241 | −159 | −45.8 |
Net profit trend
annual, ₹ croreFY24
₹93
FY25
₹110+18%
FY26
₹149+36%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 4 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 4 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 21 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 21 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 10 Feb 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 54.4×47.0×
P/B5Y avg 9.00×6.28×
ROEFY26, on average equity14.5%
Net margin3.5%
Debt / equity0.90×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹13.03
Market cap₹7,318 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
6.28×
vs 6-point avg 9.00× (−30%)
5.22× low9.00× avg15.12× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹3,174 Cr+27%
Net worth₹1,165 Cr+31%
Total borrowings₹1,050 Cr+23%
Cash & bank balances₹36 Cr−53%
Investments₹1 Cr
Inventories₹969 Cr+29%
Trade receivables₹255 Cr+22%
Trade payables₹633 Cr+21%
Change vs the same date a year earlier.