Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY19
| ₹ 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 | Q3 FY19 | Q2 FY19 | Q1 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 41.5 | 36.2 | 26.8 | 19.6 | 29.7 | 25.6 | 17.9 | 14.8 | 19.4 | 16 | 13.7 | 15 | 13.7 | 13 | 14.8 | 13.8 | 17.9 | 16.6 | 13 | 13.6 | 9 | 13.4 | 12.3 | 10.5 | 9 | 9.8 | 13.1 | 13 | 20.7 | 22.5 | 30.6 | 24.7 |
| Other income | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 | 2.4 | 0.1 | 0.1 | 0.1 | 1 | 0.1 | 0.1 | 0.1 | 3.9 | 1.6 | 0.1 | 0 | 1.8 | 0.1 | 0 | 0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total expenses | 39.2 | 33.6 | 25.7 | 19.3 | 28.2 | 24.5 | 17.1 | 14.2 | 17.4 | 15 | 14.2 | 15.6 | 13.4 | 15.9 | 15.6 | 14.6 | 18.2 | 20.2 | 13.2 | 14.6 | 9.6 | 15.1 | 13.4 | 11.4 | 8.2 | 14.2 | 13.7 | 13.6 | 20.5 | 19.8 | 31.7 | 24.5 |
| EBITDA | 2.7 | 3 | 1.7 | 0.8 | 2 | 1.5 | 1.5 | 1.3 | 2.8 | 0.3 | 0.7 | 1.1 | 1.4 | −2 | 0.3 | 0.4 | 0.7 | −3 | 1 | 0.5 | 0.6 | −0.2 | −0.1 | 0.4 | 1.8 | −3.5 | 0.4 | 0.5 | 1.3 | 3.8 | 0 | 1.3 |
| EBITDA margin | 6.4% | 8.2% | 6.4% | 3.9% | 6.7% | 5.7% | 8.6% | 8.7% | 14.2% | 2.0% | 5.0% | 7.3% | 10.3% | -15.3% | 2.1% | 2.8% | 4.2% | -18.1% | 7.7% | 3.4% | 6.1% | -1.8% | -1.0% | 4.0% | 20.1% | -36.0% | 2.7% | 4.0% | 6.3% | 17.0% | 0.1% | 5.3% |
| Finance costs | 0.3 | 0.3 | 0.5 | 0.4 | 0.4 | 0.3 | 0.7 | 0.6 | 0.7 | 0.3 | 0.7 | 1.3 | 0.6 | 0.3 | 0.7 | 0.7 | 0.7 | 0.1 | 0.7 | 0.9 | 0.7 | 1 | 0.5 | 0.9 | 0.5 | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 |
| Depreciation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −1 | 0.5 | 0.5 | 0.5 | 0.6 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.4 | 0.4 |
| Profit before tax | 2.4 | 2.8 | 1.3 | 0.4 | 1.6 | 3.5 | 0.9 | 0.7 | 2.1 | 2 | −0.4 | −0.6 | 0.4 | 0.9 | 0.8 | −0.7 | −0.3 | −1.8 | −0 | −0.9 | −0.6 | −1.5 | −1 | −0.8 | 0.9 | −4.3 | −0.5 | −0.5 | 0.3 | 2.8 | −1 | 0.3 |
| Tax | −0 | −0.1 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 2.4 | 2.9 | 1.2 | 0.3 | 1.6 | 3.4 | 0.8 | 0.7 | 2.1 | 2 | −0.4 | −0.6 | 0.4 | 0.9 | 0.8 | −0.7 | −0.3 | −1.8 | −0 | −0.9 | −0.6 | −4.8 | −1 | −0.8 | 0.9 | −4.3 | −0.5 | −0.5 | 0.3 | 2.8 | −1 | 0.3 |
| Net margin | 5.9% | 8.1% | 4.6% | 1.7% | 5.3% | 13.5% | 4.3% | 4.7% | 10.8% | 12.4% | -3.2% | -3.9% | 2.8% | 7.2% | 5.1% | -5.1% | -1.7% | -10.8% | -0.4% | -6.6% | -6.2% | -35.9% | -8.2% | -7.8% | 9.7% | -43.4% | -3.9% | -3.6% | 1.6% | 12.4% | -3.3% | 1.1% |
| EPS (₹) | 5.13 | 6.18 | 2.60 | 0.72 | 3.29 | 7.24 | 1.61 | 1.45 | 4.39 | 4.16 | -0.91 | -1.24 | 0.82 | 1.97 | 1.59 | -1.47 | -0.66 | -3.77 | -0.10 | -1.88 | -1.17 | -10.13 | -2.13 | -1.73 | 1.85 | -8.96 | -1.07 | -0.99 | 0.69 | 5.85 | -2.13 | 0.58 |
| Net profit YoY | +55.9% | −14.7% | +61.2% | −50.6% | −25.0% | +74.3% | +276.9% | +216.8% | +437.5% | +110.8% | −157.5% | +15.9% | +224.6% | +152.4% | +1696.0% | +21.7% | +44.0% | +62.8% | +95.3% | −8.7% | −163.4% | −13.0% | −99.5% | −75.6% | +166.7% | – | −118.3% | +53.7% | +18.7% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 112 | 77.6 | 58.4 | 59.5 | 52.3 | 45.3 | 56.6 |
| Other income | 0.7 | 2.8 | 1.2 | 5.6 | 2 | 0.4 | 0.4 |
| Total expenses | 107 | 73.2 | 58.2 | 64.4 | 57.6 | 48.2 | 62 |
| EBITDA | 7.4 | 7 | 3.5 | −0.5 | −1 | 1.9 | −1.4 |
| EBITDA margin | 6.6% | 9.1% | 6.0% | -0.9% | -1.9% | 4.1% | -2.4% |
| Finance costs | 1.6 | 2.3 | 2.9 | 2.4 | 2.5 | 3 | 2.2 |
| Depreciation | 0.4 | 0.3 | 0.5 | 2 | 1.8 | 1.8 | 1.8 |
| Profit before tax | 6.1 | 7.2 | 1.3 | 0.7 | −3.3 | −2.5 | −4.9 |
| Tax | 0 | 0.2 | 0 | 0 | 0 | 3.3 | 0 |
| Net profit | 6.1 | 7 | 1.3 | 0.7 | −3.3 | −5.8 | −4.9 |
| Net margin | 5.4% | 9.0% | 2.3% | 1.1% | -6.3% | -12.7% | -8.7% |
| EPS (₹) | 12.77 | 14.69 | 2.82 | 1.43 | -6.92 | -12.14 | -10.33 |
| Net profit YoY | −13.1% | +420.8% | +97.5% | +120.7% | +43.0% | −17.6% | – |
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 | 9.5 | 4.9 | 0.8 | 7.5 | 6.2 |
| Investing cash flow | 0.1 | −0.2 | 0.3 | 0 | −1 |
| Financing cash flow | −6.8 | −3.5 | −1.4 | −7.6 | −4.9 |
| Capital expenditure | 0.3 | 0.2 | 0.1 | 0.4 | 0 |
| Free cash flow (CFO − capex) | 9.2 | 4.7 | 0.7 | 7.1 | 6.2 |
Net profit trend
annual, ₹ croreFY21
₹−5.8
FY22
₹−3.3+43%
FY23
₹0.7+121%
FY24
₹1.3+97%
FY25
₹7+421%
FY26
₹6.1−13%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 31 Jul 2026 | PDF XBRL |
| Q1 FY27 | Standalone | 31 Jul 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | 26 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 26 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 29 Jan 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 29 Jan 2026 | PDF XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 15.9×10.0×
P/B5Y avg 1.49×2.07×
ROEFY26, on average equity19.9%
Net margin5.4%
Debt / equity0.16×
Revenue CAGR (3Y)23.6%
Profit CAGR (3Y)107.5%
EPS (TTM)₹14.63
Market cap₹69 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.07×
vs 8-point avg 1.49× (+39%)
1.09× low1.49× avg2.11× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹78 Cr+10%
Net worth₹34 Cr+22%
Total borrowings₹5 Cr−49%
Cash & bank balances₹4 Cr+1512%
Investments₹5 Cr+0%
Inventories₹5 Cr−11%
Trade receivables₹10 Cr+52%
Trade payables₹24 Cr+16%
Change vs the same date a year earlier.
Revenue mix FY26
Electrical Goods99.6%result ₹7.6 Cr
Agriculture0.4%result ₹0.4 Cr
Segment revenue as reported, before inter-segment eliminations.