Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 12.8 | 6.3 | 10.5 | 8.9 | 16.4 | 8 | 8.3 | 10.2 | 15.6 | 5.5 | 11.5 | 16.1 | 30.7 | 11.9 | 19.8 | 27.7 | 36 | 22.4 | 29.5 | 33.1 | 12.2 | 25.8 | 27.9 | 20.2 | 6.7 | 10.6 | 40.1 | 39.1 | 52.6 | 27.8 | 50.7 | 42.1 | 54.9 | 28.6 |
| Other income | 2.7 | −0.5 | 2.7 | 0.8 | 2.2 | 5 | 1.3 | 2.3 | 1.6 | 1 | 3.5 | 3 | 0.7 | 4.3 | 0.7 | 0.2 | 0.6 | 2.8 | 0.6 | 0.6 | 0.8 | 3.5 | 1 | 0.1 | 0 | 0.9 | −0.1 | 0 | 0.5 | 1.3 | 0 | 0.6 | 0.1 | 1 |
| Total expenses | 11.6 | 8.4 | 10.6 | 10.8 | 16.8 | 15.7 | 12 | 13.7 | 14.8 | 9.8 | 14.6 | 16.1 | 26 | 20.4 | 24.2 | 25.9 | 30.9 | 25.2 | 26.5 | 29.5 | 14.1 | 26.8 | 25.4 | 19.8 | 12.3 | 15 | 37.3 | 37.2 | 48.6 | 31.9 | 47.7 | 40.7 | 50 | 35.2 |
| EBITDA | 1.5 | −1.5 | 0 | −1.3 | 0.1 | −6.8 | −3.2 | −2.8 | 1.4 | −3.5 | −2.5 | 0.6 | 5.2 | −7.3 | −3.9 | 2.3 | 5.5 | −2.4 | 3.5 | 4.1 | −1.5 | −0.5 | 2.6 | 1 | −5 | −4 | 3.3 | 2.4 | 4.4 | −3.5 | 3.4 | 1.8 | 5.3 | −5.5 |
| EBITDA margin | 12.0% | -23.4% | 0.2% | -14.2% | 0.8% | -84.6% | -37.8% | -27.8% | 8.8% | -64.1% | -21.7% | 3.4% | 17.1% | -61.2% | -19.6% | 8.2% | 15.2% | -10.7% | 11.8% | 12.4% | -12.1% | -2.1% | 9.4% | 4.8% | -74.2% | -37.4% | 8.2% | 6.2% | 8.4% | -12.5% | 6.7% | 4.4% | 9.7% | -19.4% |
| Finance costs | 0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −0.2 | 0.1 | 0.3 | 0 | −0 | 0.1 | 0 | 0.1 | 0 | 0 | 0 | 0.1 |
| Depreciation | 0.3 | 0.5 | 0.1 | 0.5 | 0.4 | 0.6 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.8 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.9 |
| Profit before tax | 3.9 | −2.6 | 2.6 | −1.1 | 1.8 | −2.7 | −2.7 | −1.1 | 2.4 | −3.3 | 0.4 | 3 | 5.3 | −4.2 | −3.6 | 2.1 | 5.7 | 0 | 3.7 | 4.2 | −1.1 | 2.6 | 3.5 | 0.5 | −5.7 | −5.1 | 2.7 | 2 | 4.5 | −6.9 | 3 | 2 | 5 | −19.6 |
| Tax | 0.4 | −6.6 | −0.1 | 1.2 | −1.7 | −5.9 | 0 | 0.3 | 0.3 | −1.5 | 1.2 | −0.9 | 0.8 | −0.9 | −0.9 | 0.3 | 1.5 | −0.9 | 1 | 1.1 | −0.1 | 0.9 | 0.7 | 0.1 | −1.4 | −1.9 | 1.3 | 0.5 | 0.9 | −0.2 | 1 | 0.6 | 1 | −5.3 |
| Net profit | 3.5 | 2.9 | 0.5 | −3.8 | 3.5 | 3.2 | −2.7 | −1.4 | 2.1 | −1.9 | −0.8 | 3.9 | 4.5 | −3.3 | −2.7 | 1.7 | 4.2 | 0.9 | 2.7 | 3.1 | −1 | 1.6 | 2.8 | 0.4 | −4.2 | −3.2 | 1.4 | 1.5 | 3.6 | −6.7 | 2.1 | 1.4 | 4.1 | −14.3 |
| Net margin | 27.3% | 46.6% | 5.1% | -42.5% | 21.6% | 39.7% | -31.8% | -13.7% | 13.4% | -33.6% | -6.6% | 24.4% | 14.8% | -28.0% | -13.4% | 6.3% | 11.6% | 4.1% | 9.0% | 9.5% | -8.2% | 6.3% | 10.1% | 2.2% | -63.2% | -30.7% | 3.4% | 3.7% | 6.8% | -24.1% | 4.1% | 3.3% | 7.4% | -50.0% |
| EPS (₹) | 2.36 | 2.67 | 0.36 | -1.58 | 2.40 | 2.16 | -1.79 | -0.94 | 1.41 | -1.25 | 0.52 | 2.65 | 3.06 | -2.25 | -1.79 | 1.17 | 2.81 | 0.61 | 1.80 | 2.12 | -0.68 | 1.11 | 1.91 | 0.30 | -2.86 | -2.20 | 0.93 | 0.98 | 2.40 | -4.53 | 1.40 | 0.94 | 2.74 | -8.51 |
| Net profit YoY | −1.6% | −8.2% | +120.3% | −171.8% | +69.9% | +272.4% | −247.2% | −135.6% | −53.9% | +44.3% | +71.2% | +125.7% | +8.7% | −466.0% | −199.6% | −44.7% | +514.8% | −44.6% | −5.6% | +618.4% | +76.3% | +150.4% | +104.6% | −70.0% | −219.0% | +51.6% | −33.5% | +4.3% | −12.3% | +53.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 42.2 | 42.2 | 63.8 | 95.5 | 97.2 | 80.6 | 142 | 176 | 176 |
| Other income | 5.1 | 10.2 | 8.2 | 5.8 | 4.8 | 4.6 | 1.2 | 2.1 | 4.3 |
| Total expenses | 46.7 | 56.2 | 66.6 | 101 | 95.2 | 84.3 | 138 | 170 | 171 |
| EBITDA | −2.6 | −11.4 | −0.2 | −3.4 | 3.7 | −1.9 | 6.2 | 7.1 | 9.2 |
| EBITDA margin | -6.1% | -27.1% | -0.4% | -3.6% | 3.8% | -2.4% | 4.3% | 4.0% | 5.2% |
| Finance costs | 0.4 | 0.5 | 0.5 | 0.5 | 0 | 0.1 | 0.1 | 0.1 | 1 |
| Depreciation | 1.5 | 2 | 2 | 2 | 1.7 | 1.7 | 1.8 | 1.7 | 3.4 |
| Profit before tax | 0.6 | −4.1 | 5.4 | −0 | 6.8 | 0.9 | 4 | 3.2 | −5 |
| Tax | −7.3 | −5.9 | 1.1 | 0 | 1.1 | 0.3 | 0.9 | 2.4 | −2.6 |
| Net profit | 3.3 | 1.8 | 4.3 | −0.1 | 5.7 | 0.7 | 3.1 | 0.8 | −2.4 |
| Net margin | 7.9% | 4.2% | 6.7% | -0.1% | 5.9% | 0.8% | 2.2% | 0.5% | -1.4% |
| EPS (₹) | 5.39 | 1.21 | 2.89 | -0.05 | 3.55 | 0.45 | 2.12 | 0.55 | -1.42 |
| Net profit YoY | +87.4% | −58.3% | +6065.2% | −101.3% | +753.0% | −78.7% | +285.2% | +134.2% | – |
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 | 1.7 | 5.7 | −7.4 | −2.5 | 1.3 |
| Investing cash flow | 5 | −6.8 | 5 | 2.1 | −2.8 |
| Financing cash flow | −6.8 | 0.9 | 1.5 | 1.1 | 1 |
| Capital expenditure | 0 | 0 | 0 | 0.8 | 1.4 |
| Free cash flow (CFO − capex) | 1.7 | 5.7 | −7.4 | −3.3 | −0.1 |
Net profit trend
annual, ₹ croreFY21
₹0.7
FY22
₹5.7+753%
FY23
₹−0.1−101%
FY24
₹4.3+6065%
FY25
₹1.8−58%
FY26
₹3.3+87%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 15 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 15 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 31 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 15 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 15 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 30 Jul 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 42.0×32.6×
P/B5Y avg 0.88×0.57×
ROEFY26, on average equity1.9%
Net margin7.9%
Debt / equity0.02×
Revenue CAGR (3Y)-23.8%
Profit CAGR (3Y)–
EPS (TTM)₹2.14
Market cap₹103 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.57×
vs 8-point avg 0.88× (−36%)
0.46× low0.88× avg1.26× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹198 Cr−6%
Net worth₹181 Cr+2%
Total borrowings₹3 Cr−69%
Cash & bank balances₹1 Cr−9%
Investments₹92 Cr−4%
Inventories₹41 Cr−21%
Trade receivables₹23 Cr+6%
Trade payables₹9 Cr−21%
Change vs the same date a year earlier.