Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 357 | 347 | 371 | 309 | 274 | 283 | 290 | 280 | 238 | 228 | 219 | 209 | 182 | 183 | 188 |
| Other income | 10.4 | 15 | 6.6 | 10.8 | 10 | 10 | 9.1 | 10.5 | 8.1 | 6.6 | 6.4 | 6.3 | 5.3 | 6.2 | 6.3 |
| Total expenses | 263 | 247 | 244 | 193 | 179 | 178 | 177 | 172 | 154 | 139 | 135 | 131 | 126 | 113 | 123 |
| EBITDA | 122 | 128 | 152 | 136 | 114 | 122 | 131 | 127 | 99.7 | 105 | 97.9 | 93.7 | 70.4 | 83.8 | 80.7 |
| EBITDA margin | 34.2% | 37.0% | 40.9% | 43.9% | 41.5% | 43.2% | 45.0% | 45.1% | 42.0% | 45.8% | 44.8% | 44.8% | 38.8% | 45.8% | 42.9% |
| Finance costs | 1.4 | 1.3 | 1.2 | 1.1 | 1.1 | 1.3 | 1.1 | 1.1 | 1.2 | 1.1 | 1.2 | 3.2 | 2.9 | 2.8 | 2.6 |
| Depreciation | 27.3 | 26.9 | 23.3 | 18.4 | 17.6 | 16.7 | 16.4 | 16.5 | 14.8 | 14.6 | 13.4 | 12.6 | 12.4 | 11.2 | 12.8 |
| Profit before tax | 104 | 111 | 125 | 127 | 105 | 114 | 122 | 119 | 91.8 | 95.5 | 89.8 | 84.2 | 60.4 | 76.1 | 71.5 |
| Tax | 28.2 | 29.6 | 33.2 | 33.6 | 27.6 | 29.2 | 31.9 | 30.1 | 23.7 | 19.9 | 22.6 | 22.3 | 16.5 | 19 | 18.1 |
| Net profit | 75.2 | 81.1 | 92 | 93.3 | 77.3 | 85.1 | 90.2 | 89.3 | 68.1 | 74.5 | 66.8 | 61.4 | 43.4 | 57 | 53.4 |
| Net margin | 21.1% | 23.4% | 24.8% | 30.2% | 28.2% | 30.1% | 31.1% | 31.8% | 28.7% | 32.6% | 30.6% | 29.4% | 23.9% | 31.1% | 28.4% |
| EPS (₹) | 4.36 | 4.70 | 5.34 | 5.42 | 4.49 | 4.95 | 5.25 | 5.21 | 3.98 | 4.36 | 3.92 | 3.62 | 2.56 | 3.38 | 3.19 |
| Net profit YoY | −2.6% | −4.6% | +2.0% | +4.5% | +13.5% | +14.2% | +34.9% | +45.5% | +56.9% | +30.6% | +25.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 1,301 | 1,091 | 838 | 720 |
| Other income | 42.4 | 37.7 | 24.7 | 17.5 |
| Total expenses | 863 | 681 | 532 | 479 |
| EBITDA | 530 | 479 | 367 | 298 |
| EBITDA margin | 40.7% | 43.9% | 43.8% | 41.4% |
| Finance costs | 4.7 | 4.7 | 8.4 | 10.6 |
| Depreciation | 86.3 | 64.5 | 53 | 46.7 |
| Profit before tax | 469 | 448 | 330 | 258 |
| Tax | 124 | 115 | 81.3 | 62.5 |
| Net profit | 344 | 333 | 246 | 196 |
| Net margin | 26.4% | 30.5% | 29.4% | 27.2% |
| EPS (₹) | 19.95 | 19.39 | 14.46 | 11.66 |
| Net profit YoY | +3.3% | +35.2% | +25.7% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | 370 | 399 | 289 | 223 |
| Investing cash flow | −203 | −323 | −178 | −204 |
| Financing cash flow | −134 | −95.3 | −127 | 7.3 |
| Capital expenditure | 40.4 | 41.3 | 27.9 | 23.1 |
| Free cash flow (CFO − capex) | 329 | 358 | 261 | 200 |
Net profit trend
annual, ₹ croreFY23
₹196
FY24
₹246+26%
FY25
₹333+35%
FY26
₹344+3%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 24 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 24 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 27 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 27 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 24 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 24 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)44.9×
P/B9.17×
ROEFY26, on average equity22.3%
Net margin26.4%
Debt / equity0.00×
Revenue CAGR (3Y)21.8%
Profit CAGR (3Y)20.6%
EPS (TTM)₹19.80
Market cap₹15,334 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₹2,774 Cr+58%
Net worth₹1,673 Cr+19%
Total borrowings₹0 Cr
Cash & bank balances₹67 Cr+76%
Investments₹239 Cr−48%
Inventories₹0 Cr
Trade receivables₹269 Cr+40%
Trade payables₹78 Cr+16%
Change vs the same date a year earlier.
Revenue mix FY26
Domestic mutual fund investor solutions66.2%result ₹489 Cr
International and other investor solutions20.6%result ₹25.6 Cr
Issuer solutions13.2%result ₹84.3 Cr
Segment revenue as reported, before inter-segment eliminations.