Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,026 | 1,812 | 1,778 | 1,653 | 1,570 | 1,720 | 1,415 | 1,224 | 1,195 | 1,440 | 1,195 | 1,224 | 1,182 | 1,381 | 1,545 | 1,576 | 1,539 | 1,425 | 1,029 | 1,203 | 1,279 | 1,412 | 1,288 | 1,139 | 974 | 839 | 730 | 712 | 635 | 529 | 588 | 560 |
| Other income | 9.2 | 11.8 | 5.8 | 27 | 10.4 | 58.6 | 9.4 | 4.6 | 2.5 | 18.5 | 2.4 | 1.8 | 3.6 | 1.7 | 1.4 | 1.1 | 1.8 | 1.3 | 5.3 | 2.8 | 5.9 | 4.5 | 6.9 | 5.1 | 7.1 | 1.7 | 1.9 | 1.4 | 1.6 | 1.4 | 10.5 | 5.1 |
| Total expenses | 1,554 | 1,462 | 1,457 | 1,411 | 1,356 | 1,467 | 1,294 | 1,205 | 1,179 | 1,351 | 1,163 | 1,172 | 1,145 | 1,235 | 1,268 | 1,249 | 1,185 | 1,124 | 831 | 944 | 968 | 1,015 | 931 | 830 | 760 | 714 | 650 | 648 | 584 | 508 | 577 | 501 |
| EBITDA | 638 | 512 | 480 | 403 | 382 | 421 | 285 | 178 | 171 | 241 | 181 | 188 | 167 | 286 | 404 | 449 | 454 | 397 | 285 | 345 | 395 | 472 | 426 | 374 | 278 | 192 | 148 | 138 | 112 | 87.7 | 75.7 | 117 |
| EBITDA margin | 31.5% | 28.3% | 27.0% | 24.4% | 24.3% | 24.4% | 20.2% | 14.6% | 14.3% | 16.8% | 15.2% | 15.3% | 14.1% | 20.7% | 26.1% | 28.5% | 29.5% | 27.8% | 27.7% | 28.7% | 30.9% | 33.4% | 33.1% | 32.8% | 28.6% | 22.9% | 20.3% | 19.3% | 17.6% | 16.6% | 12.9% | 20.9% |
| Finance costs | 42.2 | 40.4 | 38.8 | 40 | 51.5 | 56.4 | 57.8 | 52.6 | 49.2 | 50.5 | 50.8 | 42.4 | 39.2 | 53.1 | 42.7 | 40.1 | 29.3 | 30.6 | 23.1 | 22.1 | 26.6 | 21.9 | 17.4 | 13.7 | 15.1 | 20.7 | 20.8 | 25.6 | 17.6 | 23.7 | 24.6 | 23.3 |
| Depreciation | 124 | 122 | 121 | 120 | 117 | 110 | 106 | 108 | 106 | 102 | 98.4 | 93.4 | 90.6 | 87 | 84.4 | 81.8 | 70.8 | 65.7 | 64 | 63.2 | 58.5 | 53.6 | 51.6 | 51 | 48.8 | 46.1 | 47.6 | 47.8 | 43.5 | 42.7 | 39.8 | 34.6 |
| Profit before tax | 481 | 361 | 327 | 270 | 224 | 312 | 131 | 22.8 | 18.5 | 107 | 34.6 | 53.9 | 40.6 | 147 | 278 | 328 | 356 | 302 | 204 | 263 | 316 | 401 | 364 | 314 | 221 | 127 | 81.7 | 65.8 | 52.6 | 22.8 | 21.8 | 64.1 |
| Tax | 119 | 79.5 | 73.5 | 76 | 63.1 | 78.5 | 40.1 | 5.1 | 6.3 | 32 | 9.5 | 14.6 | 12.2 | 39.9 | 74.8 | 94.3 | 103 | 69.8 | 48.5 | 58.6 | 74.4 | 104 | 91.3 | 72 | 49.7 | 16.6 | 8.2 | 9.2 | 9.4 | 5 | 5.6 | 19 |
| Net profit | 362 | 282 | 252 | 194 | 162 | 233 | 92.9 | 20 | 12.7 | 75 | 23.3 | 37.1 | 26.8 | 105 | 203 | 233 | 252 | 232 | 155 | 204 | 242 | 297 | 273 | 242 | 172 | 110 | 73.5 | 56.6 | 43.2 | 17.8 | 16.2 | 45.1 |
| Net margin | 17.9% | 15.6% | 14.2% | 11.8% | 10.3% | 13.5% | 6.6% | 1.6% | 1.1% | 5.2% | 2.0% | 3.0% | 2.3% | 7.6% | 13.1% | 14.8% | 16.4% | 16.3% | 15.1% | 16.9% | 18.9% | 21.0% | 21.2% | 21.3% | 17.6% | 13.1% | 10.1% | 7.9% | 6.8% | 3.4% | 2.8% | 8.0% |
| EPS (₹) | 6.81 | 5.17 | 4.67 | 3.61 | 3.02 | 4.34 | 1.71 | 0.37 | 0.23 | 1.40 | 0.43 | 0.69 | 0.46 | 1.90 | 3.78 | 4.33 | 4.68 | 4.29 | 2.87 | 3.76 | 4.50 | 5.53 | 5.09 | 4.53 | 16.07 | 10.32 | 6.88 | 5.31 | 4.07 | 1.67 | 1.53 | 4.26 |
| Net profit YoY | +123.9% | +21.2% | +171.0% | +874.9% | +1175.1% | +210.3% | +298.2% | −46.3% | −52.7% | −28.7% | −88.5% | −84.1% | −89.4% | −54.6% | +30.7% | +14.4% | +4.4% | −22.0% | −43.2% | −15.8% | +40.7% | +169.6% | +271.4% | +328.4% | – | +155.1% | +312.4% | +248.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 6,813 | 5,554 | 5,041 | 6,041 | 4,936 | 4,814 | 2,832 | 2,292 | 2,069 |
| Other income | 55 | 75.1 | 26.3 | 6 | 15.3 | 23.7 | 5.9 | 16.2 | 29.2 |
| Total expenses | 5,686 | 5,145 | 4,831 | 4,938 | 3,867 | 3,536 | 2,544 | 2,188 | 1,861 |
| EBITDA | 1,778 | 1,055 | 778 | 1,592 | 1,422 | 1,551 | 565 | 356 | 413 |
| EBITDA margin | 26.1% | 19.0% | 15.4% | 26.4% | 28.8% | 32.2% | 19.9% | 15.5% | 20.0% |
| Finance costs | 171 | 216 | 183 | 165 | 102 | 68.2 | 89.6 | 88.2 | 79.6 |
| Depreciation | 480 | 430 | 385 | 324 | 251 | 205 | 187 | 164 | 125 |
| Profit before tax | 1,182 | 484 | 236 | 1,109 | 1,084 | 1,301 | 294 | 120 | 237 |
| Tax | 292 | 130 | 68.2 | 312 | 251 | 317 | 38.3 | 26 | 69.8 |
| Net profit | 890 | 358 | 162 | 793 | 832 | 984 | 255 | 93.8 | 168 |
| Net margin | 13.1% | 6.5% | 3.2% | 13.1% | 16.9% | 20.4% | 9.0% | 4.1% | 8.1% |
| EPS (₹) | 16.47 | 6.65 | 2.98 | 14.69 | 15.42 | 18.36 | 23.93 | 8.83 | 15.83 |
| Net profit YoY | +148.4% | +120.8% | −79.5% | −4.7% | −15.4% | +285.4% | +172.3% | – | – |
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 | 1,624 | 602 | 666 | 994 | 911 |
| Investing cash flow | −1,089 | −682 | −822 | −996 | −914 |
| Financing cash flow | −525 | 39.3 | 250 | −26.6 | 30.3 |
| Capital expenditure | 1,070 | 641 | 678 | 990 | 877 |
| Free cash flow (CFO − capex) | 554 | −39.4 | −12.6 | 3.7 | 34.3 |
Net profit trend
annual, ₹ croreFY21
₹984
FY22
₹832−15%
FY23
₹793−5%
FY24
₹162−80%
FY25
₹358+121%
FY26
₹890+148%
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 | 30 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 30 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 23 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 23 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 23 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 25 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)99.4×
P/B20.44×
ROEFY26, on average equity18.2%
Net margin13.1%
Debt / equity0.45×
Revenue CAGR (3Y)4.1%
Profit CAGR (3Y)3.9%
EPS (TTM)₹20.20
Market cap₹1.08L 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₹10,511 Cr+13%
Net worth₹5,300 Cr+19%
Total borrowings₹2,397 Cr−11%
Cash & bank balances₹113 Cr+13%
Investments₹309 Cr+33%
Inventories₹2,342 Cr+21%
Trade receivables₹2,155 Cr+7%
Trade payables₹1,252 Cr+31%
Change vs the same date a year earlier.