Your investments deserve an analyst, not a dashboard.

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	Q1 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	5,043	4,585	4,489	4,446	4,327	4,341	4,146	4,088	3,891	3,964	3,926	3,823	3,762	4,062	4,089	3,922	3,530	2,650	2,438	2,016	1,380	1,710	1,595	1,441	693	1,711	1,837	1,873	1,744	0	0
Other income	102	100	89.2	94.9	89.4	90.3	88.4	83	72.4	79.9	54.6	61.7	45.7	65.4	55.7	51	30.7	74.4	30.4	42.1	29.8	28	25.9	30.3	30.6	31.3	37.6	39	35.4	0	0
Total expenses	4,890	4,304	4,153	4,136	3,943	3,970	3,908	3,674	3,428	3,557	3,468	3,270	3,221	3,692	3,756	3,489	3,001	2,229	2,055	1,569	1,080	1,298	1,172	1,107	680	1,403	1,512	1,544	1,448	0	0
EBITDA	294	421	471	441	511	496	362	535	580	521	562	657	642	466	428	528	618	500	470	530	381	492	501	407	83.4	377	392	393	358	0	0
EBITDA margin	5.8%	9.2%	10.5%	9.9%	11.8%	11.4%	8.7%	13.1%	14.9%	13.1%	14.3%	17.2%	17.1%	11.5%	10.5%	13.5%	17.5%	18.9%	19.3%	26.3%	27.6%	28.8%	31.4%	28.3%	12.0%	22.0%	21.3%	21.0%	20.6%	–	–
Finance costs	3.5	7.8	2.5	2.6	2.7	3.6	2.1	2.3	2.2	2.6	1.8	2.5	2.4	2.6	2.6	3.1	2.4	4.9	2.8	2.6	2.9	3.6	3.1	2.3	2.4	2.7	2	1.8	1.6	0	0
Depreciation	137	133	132	128	124	121	122	119	114	111	102	102	98.9	93.8	92.5	91.4	85.7	75.3	83.5	80.5	77.8	76.1	75	71.1	68.2	65.5	64.1	62.1	60.5	0	0
Profit before tax	255	381	426	405	473	462	327	497	536	488	513	614	587	435	389	484	560	495	414	489	330	440	449	364	43.5	340	363	368	332	0	0
Tax	73.8	108	111	103	120	116	83.1	133	137	136	124	151	148	106	111	127	139	136	105	124	85.7	109	114	12.4	14.3	97.7	95.3	−5.7	120	0	0
Net profit	238	339	392	385	428	453	325	454	480	433	475	553	522	398	334	427	481	431	375	419	278	375	382	380	35.2	291	297	416	245	0	0
Net margin	4.7%	7.4%	8.7%	8.7%	9.9%	10.4%	7.8%	11.1%	12.3%	10.9%	12.1%	14.5%	13.9%	9.8%	8.2%	10.9%	13.6%	16.3%	15.4%	20.8%	20.1%	21.9%	23.9%	26.4%	5.1%	17.0%	16.2%	22.2%	14.0%	–	–
EPS (₹)	1.72	2.43	2.81	2.76	3.06	3.25	4.66	6.50	6.87	6.20	6.79	7.90	7.46	5.68	4.77	6.10	6.87	6.16	5.35	5.98	3.97	5.36	5.45	5.44	0.50	4.15	4.25	5.94	3.50	0.00	0.00
Net profit YoY	−44.4%	−25.3%	+20.5%	−15.2%	−10.9%	+4.6%	−31.6%	−17.8%	−8.0%	+9.0%	+42.3%	+29.5%	+8.5%	−7.8%	−10.9%	+2.0%	+73.1%	+14.9%	−1.9%	+10.0%	+690.1%	+29.0%	+28.4%	−8.5%	−85.6%	–	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Revenue from operations	17,846	16,467	15,457	15,603	8,485	5,439	7,165	6,362	5,072
Other income	374	334	261	203	177	115	143	128	92.6
Total expenses	16,536	14,980	13,516	13,937	6,934	4,257	5,906	5,308	4,140
EBITDA	1,844	1,973	2,364	2,040	1,881	1,483	1,520	1,257	1,114
EBITDA margin	10.3%	12.0%	15.3%	13.1%	22.2%	27.3%	21.2%	19.8%	22.0%
Finance costs	15.4	10.3	9.2	10.6	13.2	11.3	8.1	2.1	1.7
Depreciation	518	476	414	363	317	290	252	201	181
Profit before tax	1,684	1,821	2,201	1,869	1,727	1,296	1,402	1,182	1,024
Tax	442	470	559	483	451	249	308	427	374
Net profit	1,544	1,713	1,983	1,640	1,502	1,173	1,249	842	722
Net margin	8.6%	10.4%	12.8%	10.5%	17.7%	21.6%	17.4%	13.2%	14.2%
EPS (₹)	11.07	12.27	28.36	23.42	21.46	16.75	17.84	12.03	10.31
Net profit YoY	−9.9%	−13.6%	+21.0%	+9.1%	+28.1%	−6.1%	+48.3%	+16.7%	–

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	1,936	2,199	1,532	2,292	1,898
Investing cash flow	−1,211	−1,519	−1,103	−841	−1,585
Financing cash flow	−699	−754	−316	−1,359	−328
Capital expenditure	1,347	1,164	1,229	1,122	1,337
Free cash flow (CFO − capex)	588	1,035	303	1,170	561

Net profit trend

annual, ₹ crore

FY21

₹1,173

FY22

₹1,502+28%

FY23

₹1,640+9%

FY24

₹1,983+21%

FY25

₹1,713−14%

FY26

₹1,544−10%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	13 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	13 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	18 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	18 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	12 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	12 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	12 Nov 2025	PDF XBRL
Q2 FY26	Standalone	12 Nov 2025	PDF XBRL
Q1 FY26	Consolidated	31 Jul 2025	PDF on NSE XBRL
Q1 FY26	Standalone	31 Jul 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY266.96 MB FY257.10 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 15.8×15.0×

P/B5Y avg 3.08×1.76×

ROEFY26, on average equity14.0%

Net margin8.6%

Debt / equity0.00×

Revenue CAGR (3Y)4.6%

Profit CAGR (3Y)-2.0%

EPS (TTM)₹9.67

Market cap₹20,293 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

1.76×

vs 8-point avg 3.08× (−43%)

1.76× low3.08× avg3.78× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹17,028 Cr+9%

Net worth₹11,504 Cr+8%

Total borrowings₹27 Cr+256%

Cash & bank balances₹169 Cr+17%

Investments₹1,384 Cr+4%

Inventories₹61 Cr+25%

Trade receivables₹920 Cr+30%

Trade payables₹1,069 Cr+14%

Change vs the same date a year earlier.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Feb 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23
Promoter	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00
FII	10.16	17.08	16.99	17.21	16.82	14.67	14.05	14.33	19.29	16.16	16.82	17.90
DII	30.03	23.26	24.18	24.08	23.99	26.18	26.30	26.12	23.19	25.10	24.23	22.74
of which MF	16.33	9.46	10.71	10.55	10.44	–	–	–	–	–	–	–
Retail	8.18	8.10	7.44	7.31	7.66	7.61	8.00	7.96	6.20	7.08	7.39	8.00
Other public	6.63	6.56	6.39	6.40	6.53	6.54	6.65	6.59	6.32	6.66	6.56	6.36

3,67,377 shareholders · NSE shareholding pattern filings.