Your investments deserve an analyst, not a dashboard.

Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q1 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	Q2 FY20	Q1 FY20
Revenue from operations	960	763	703	719	642	567	643	692	662	701	685	693	702	637	624	672	743	757	655	653	538	576	425	438	405	379	398	389	446
Other income	12.9	5.9	21.7	15.8	22	17	17.2	19.1	13.2	11	9.8	11.6	9.9	4.8	8.2	4.4	6.9	4.8	3	4.8	4.1	11.8	4.6	16.1	17.2	2.1	8.4	5.6	3.4
Total expenses	715	633	563	604	538	520	537	541	519	614	549	581	562	536	606	648	571	619	484	454	405	490	395	398	384	442	405	446	429
EBITDA	281	159	164	138	125	70.5	128	170	161	105	159	150	173	139	59	72.9	218	189	212	236	173	129	68.4	76.2	62.5	0.4	35.6	−13.2	59.6
EBITDA margin	29.3%	20.8%	23.4%	19.2%	19.6%	12.4%	19.9%	24.6%	24.4%	15.0%	23.2%	21.7%	24.6%	21.8%	9.5%	10.8%	29.3%	25.0%	32.3%	36.2%	32.2%	22.3%	16.1%	17.4%	15.4%	0.1%	9.0%	-3.4%	13.4%
Finance costs	12.5	11.3	9.3	8.1	7	10	8.2	5.8	4.3	5.2	8.4	13	8.3	9.1	13.4	22.6	20.9	15.6	14.6	12.5	16.3	16.1	12.1	10.3	16.4	33.8	16.8	18.8	18.8
Depreciation	23.4	17.7	15.4	15.2	14.7	13.9	13.7	13.5	13.6	12.6	14.7	25.7	25	29	27.6	25.8	24.9	35.4	25.7	24.9	24.1	26.7	26.1	26	25.4	29.3	26	24.8	24.1
Profit before tax	258	136	161	131	126	63.7	123	170	157	97.9	146	123	149	99.4	16.7	28.9	179	143	175	204	137	97.7	34.8	56	37.9	−60.7	1.1	−51.1	20.1
Tax	65.7	32.9	30	33.3	33.2	16.3	30.1	45.1	43.3	34.4	36.6	33.8	38.9	35.3	5.7	12.5	44.7	−0	52.3	60.1	37.5	32.2	2.3	12.9	13.4	−10.9	−3.7	−17.5	7.4
Net profit	193	103	131	97.6	92.5	47.4	93.4	125	113	63.6	109	89.3	111	64.2	11	16.4	134	143	122	144	99.1	65.5	32.5	43.1	24.6	−49.8	4.8	−33.6	12.8
Net margin	20.1%	13.5%	18.7%	13.6%	14.4%	8.4%	14.5%	18.1%	17.1%	9.1%	15.9%	12.9%	15.7%	10.1%	1.8%	2.4%	18.0%	18.9%	18.7%	22.0%	18.4%	11.4%	7.6%	9.9%	6.1%	-13.1%	1.2%	-8.6%	2.9%
EPS (₹)	35.65	19.13	24.33	18.07	17.10	8.77	17.30	23.17	20.95	15.99	20.15	16.53	20.46	11.87	2.01	3.02	24.85	26.43	22.66	53.22	36.68	24.24	12.02	15.94	9.06	-18.52	1.69	-12.51	4.67
Net profit YoY	+108.1%	+117.6%	+40.8%	−22.1%	−18.4%	−25.4%	−14.3%	+40.1%	+2.6%	−0.9%	+886.7%	+444.8%	−17.6%	−55.0%	−91.0%	−88.6%	+35.4%	+117.8%	+275.8%	+233.4%	+303.6%	+231.6%	+572.1%	+228.2%	+92.5%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20
Revenue from operations	2,826	2,565	2,780	2,676	2,603	1,844	1,612
Other income	65.5	66.5	42.2	24.3	16.6	49.8	21.2
Total expenses	2,338	2,117	2,306	2,361	1,962	1,666	1,724
EBITDA	587	531	587	488	810	338	89.2
EBITDA margin	20.8%	20.7%	21.1%	18.3%	31.1%	18.3%	5.5%
Finance costs	35.7	28.3	34.9	65.9	59	54.8	96.7
Depreciation	62.9	54.6	78	107	110	104	104
Profit before tax	554	514	516	324	658	228	−90.5
Tax	129	135	144	98.1	150	61.5	−24.7
Net profit	425	379	372	226	508	167	−65.8
Net margin	15.0%	14.8%	13.4%	8.4%	19.5%	9.1%	-4.1%
EPS (₹)	78.64	70.19	73.12	41.75	94.01	61.74	-24.58
Net profit YoY	+12.0%	+1.9%	+64.9%	−55.5%	+204.0%	+353.8%	–

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	318	585	512	151	390
Investing cash flow	−753	−562	−209	140	−106
Financing cash flow	462	−67.9	−259	−291	−284
Capital expenditure	1,335	116	114	−230	87.1
Free cash flow (CFO − capex)	−1,017	470	399	−79.4	303

Net profit trend

annual, ₹ crore

FY21

₹167

FY22

₹508+204%

FY23

₹226−56%

FY24

₹372+65%

FY25

₹379+2%

FY26

₹425+12%

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	27 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	27 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	5 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	5 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	4 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	4 Nov 2025	PDF on NSE 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

FY264.11 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)12.7×

P/B2.44×

ROEFY26, on average equity16.8%

Net margin15.0%

Debt / equity0.34×

Revenue CAGR (3Y)1.8%

Profit CAGR (3Y)23.4%

EPS (TTM)₹97.25

Market cap₹6,639 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₹4,317 Cr+36%

Net worth₹2,718 Cr+16%

Total borrowings₹924 Cr+148%

Cash & bank balances₹34 Cr+371%

Investments₹383 Cr−58%

Inventories₹815 Cr+11%

Trade receivables₹239 Cr+111%

Trade payables₹277 Cr+43%

Change vs the same date a year earlier.

Revenue mix FY26

Ferro Chrome73.7%result ₹611 Cr

Power14.2%result ₹−3.8 Cr

Mining12.0%result ₹0.1 Cr

Others0.1%result ₹−5.4 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	58.69	58.69	58.69	58.69	58.69	58.69	58.69	58.69	58.69	58.69	58.69	58.69
FII	3.59	3.87	3.35	3.69	3.40	3.81	4.03	3.10	2.89	2.87	2.93	2.48
DII	0.88	0.82	0.64	0.22	0.18	0.81	0.82	0.92	1.35	0.09	0.09	0.08
of which MF	0.10	0.17	0.12	0.10	0.10	–	–	–	–	–	–	–
Retail	19.05	18.82	19.35	19.10	19.53	19.16	18.87	19.45	19.26	19.03	18.26	17.60
Other public	17.79	17.80	17.97	18.30	18.20	17.53	17.59	17.84	17.81	19.32	20.03	21.15

55,347 shareholders · NSE shareholding pattern filings.