Your investments deserve an analyst, not a dashboard.

Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 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	Q4 FY19
Revenue from operations	1,675	1,711	1,617	1,588	1,539	1,528	1,478	1,471	1,365	1,318	1,257	1,199	1,098	1,017	917	745	686	652	622	591	567	540	517	485	493	556	550	544	506	501
Other income	8.3	12.1	34.1	23.6	16	46.2	19.5	51.9	54.4	16.6	18.8	9.5	21.5	6.3	21.1	9.5	15.9	13	8.6	11.1	12.1	6.3	6.7	2.5	2.8	12.4	10.7	9	1.5	35.5
Total expenses	1,509	1,493	1,407	1,358	1,314	1,272	1,234	1,236	1,142	1,109	1,064	1,021	942	888	799	647	590	568	543	520	502	488	472	456	466	515	510	510	465	463
EBITDA	271	322	315	321	300	323	312	302	288	273	259	240	214	182	167	138	133	121	115	104	98.1	87.6	82.9	69.7	64.4	75.1	73.7	66.3	69.2	61.6
EBITDA margin	16.2%	18.8%	19.5%	20.2%	19.5%	21.1%	21.1%	20.5%	21.1%	20.7%	20.6%	20.0%	19.5%	17.9%	18.2%	18.5%	19.4%	18.6%	18.5%	17.6%	17.3%	16.2%	16.0%	14.3%	13.1%	13.5%	13.4%	12.2%	13.7%	12.3%
Finance costs	23	22	23.3	16.3	12	9.2	10.3	10.2	12.7	11.8	15.8	13.6	13.7	10.7	8.3	7	6.3	7	4.5	3.9	4	4	4	4.4	4.9	4.5	4.8	5.9	4.6	4.8
Depreciation	82.5	82	81	74.7	62.9	57.9	58.4	56.1	52.5	52.7	50	48.1	45	42.2	40.4	32.7	31	30.7	31.2	29.1	28.6	30.9	33.8	35.5	33	29.4	28.3	26.5	23.8	18.7
Profit before tax	174	230	185	253	241	302	263	287	277	225	212	188	177	136	139	108	112	96.7	87.9	82.2	77.6	59	53.8	35.5	29.3	47.3	48.2	45.4	39.8	39.3
Tax	43.9	61.7	47.6	61.5	63.9	71.5	69.6	79.4	72.5	58.6	54.8	46.3	42.2	24.6	35.3	25.6	24.4	16.6	17.2	17.1	17.4	11.9	10.8	8.4	5.1	9.2	7.2	8.6	8.8	8.3
Net profit	116	163	133	169	172	245	187	204	204	166	157	141	134	112	104	83.6	87.7	80.6	70.3	65.1	60.2	47	43	27.2	24.2	38.1	40.9	36.7	31	31
Net margin	6.9%	9.5%	8.2%	10.6%	11.2%	16.0%	12.7%	13.8%	15.0%	12.6%	12.5%	11.8%	12.2%	11.0%	11.3%	11.2%	12.8%	12.4%	11.3%	11.0%	10.6%	8.7%	8.3%	5.6%	4.9%	6.8%	7.4%	6.8%	6.1%	6.2%
EPS (₹)	4.30	5.99	4.90	6.22	6.32	9.01	6.89	7.51	7.53	6.06	5.73	5.20	4.95	4.13	3.72	3.09	3.16	2.92	2.60	2.42	2.24	1.74	1.55	1.04	0.89	1.38	1.59	1.34	1.14	1.12
Net profit YoY	−32.3%	−33.4%	−28.6%	−17.0%	−15.8%	+47.5%	+19.3%	+44.1%	+51.9%	+48.7%	+50.6%	+69.2%	+53.4%	+38.5%	+48.0%	+28.4%	+45.5%	+71.3%	+63.6%	+139.8%	+148.7%	+23.5%	+5.0%	−26.1%	−21.9%	+23.0%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Revenue from operations	6,455	5,842	4,872	3,365	2,432	2,036	2,156	641
Other income	85.7	167	60.3	40.2	44.8	15.8	28.3	35.5
Total expenses	5,571	4,880	4,131	2,911	2,133	1,879	1,994	575
EBITDA	1,258	1,230	991	633	439	307	290	91.7
EBITDA margin	19.5%	21.0%	20.3%	18.8%	18.0%	15.1%	13.4%	14.3%
Finance costs	73.7	42.4	54.8	32.3	19.4	17.3	19.8	6.9
Depreciation	301	225	196	146	120	133	108	18.8
Profit before tax	910	1,130	801	494	344	178	181	67.2
Tax	235	293	202	110	68.3	36.2	33.8	12.2
Net profit	637	840	599	387	276	141	147	55
Net margin	9.9%	14.4%	12.3%	11.5%	11.4%	6.9%	6.8%	8.6%
EPS (₹)	23.43	30.93	21.95	14.10	10.17	5.22	5.46	8.18
Net profit YoY	−24.1%	+40.3%	+54.7%	+40.0%	+95.4%	−3.7%	+166.8%	–

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	1,195	1,390	1,002	462	475
Investing cash flow	−1,186	−630	−564	−202	−302
Financing cash flow	88.9	−342	−240	−183	−127
Capital expenditure	143	130	155	129	68.6
Free cash flow (CFO − capex)	1,052	1,260	846	333	406

Net profit trend

annual, ₹ crore

FY21

₹141

FY22

₹276+95%

FY23

₹387+40%

FY24

₹599+55%

FY25

₹840+40%

FY26

₹637−24%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	29 Jul 2026	PDF on NSE XBRL
Q1 FY27	Standalone	29 Jul 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	6 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	6 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	29 Jan 2026	PDF on NSE XBRL
Q3 FY26	Standalone	29 Jan 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	10 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	10 Nov 2025	PDF on NSE XBRL
Q1 FY26	Consolidated	30 Jul 2025	PDF on NSE XBRL
Q1 FY26	Standalone	30 Jul 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY269.82 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19

Key ratios

P/E (TTM)24.3×

P/B3.99×

ROEFY26, on average equity19.8%

Net margin9.9%

Debt / equity0.13×

Revenue CAGR (3Y)24.3%

Profit CAGR (3Y)18.1%

EPS (TTM)₹21.37

Market cap₹14,139 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₹7,256 Cr+44%

Net worth₹3,541 Cr+22%

Total borrowings₹462 Cr+30029%

Cash & bank balances₹1,318 Cr+23%

Investments₹49 Cr−79%

Inventories₹88 Cr+4%

Trade receivables₹1,075 Cr+21%

Trade payables₹261 Cr+46%

Change vs the same date a year earlier.

Revenue mix FY26

UK & Europe39.8%result ₹612 Cr

Rest of the World38.7%result ₹539 Cr

Americas21.5%result ₹443 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	38.60	39.42	39.42	39.44	39.45	39.47	39.47	39.47	39.47	39.47	39.47	39.47
FII	13.22	13.25	13.57	14.31	15.49	17.18	17.36	20.94	22.23	23.98	26.49	25.68
DII	23.61	24.65	25.35	23.90	22.37	21.30	20.41	17.51	16.65	14.00	11.61	12.25
of which MF	11.91	12.09	13.26	13.16	13.96	–	–	–	–	–	–	–
Retail	19.83	18.02	17.05	17.64	17.93	17.19	17.84	17.27	16.78	17.18	16.90	17.01
Other public	4.12	3.96	3.88	3.95	3.96	3.97	3.99	3.84	3.85	4.30	4.43	4.44

6,24,641 shareholders · NSE shareholding pattern filings.