Quarterly results
consolidated · 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 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 11,608 | 11,292 | 10,781 | 10,394 | 9,841 | 9,772 | 9,661 | 9,433 | 9,143 | 8,893 | 9,017 | 8,905 | 8,702 | 8,691 | 8,620 | 4,837 | 4,523 | 4,302 | 4,138 | 3,767 | 3,463 | 3,269 | 3,153 | 2,998 | 2,949 | 3,012 | 2,811 | 2,571 | 2,485 | 2,486 | 2,473 | 2,331 | 2,001 |
| Other income | 255 | 175 | 227 | 300 | 392 | 251 | 213 | 299 | 227 | 208 | 220 | 143 | 132 | 66.4 | 152 | 139 | 144 | 134 | 99.9 | 111 | 122 | 103 | 68.9 | 36.7 | 65.8 | 70.2 | 64.2 | 93.7 | 101 | 67.4 | 30.9 | 96.9 | 117 |
| Total expenses | 9,885 | 9,648 | 9,113 | 8,816 | 8,507 | 8,494 | 8,401 | 8,045 | 7,844 | 7,652 | 7,691 | 7,529 | 7,297 | 7,313 | 7,461 | 4,075 | 3,816 | 3,576 | 3,414 | 3,136 | 2,912 | 2,656 | 2,522 | 2,422 | 2,456 | 2,531 | 2,376 | 2,191 | 2,108 | 2,049 | 2,002 | 1,892 | 1,751 |
| EBITDA | 2,061 | 1,973 | 2,003 | 1,930 | 1,649 | 1,596 | 1,593 | 1,699 | 1,606 | 1,536 | 1,585 | 1,631 | 1,636 | 1,604 | 1,375 | 912 | 831 | 846 | 831 | 733 | 648 | 716 | 732 | 686 | 592 | 578 | 528 | 466 | 458 | 477 | 509 | 479 | 292 |
| EBITDA margin | 17.8% | 17.5% | 18.6% | 18.6% | 16.8% | 16.3% | 16.5% | 18.0% | 17.6% | 17.3% | 17.6% | 18.3% | 18.8% | 18.5% | 15.9% | 18.8% | 18.4% | 19.7% | 20.1% | 19.5% | 18.7% | 21.9% | 23.2% | 22.9% | 20.1% | 19.2% | 18.8% | 18.1% | 18.4% | 19.2% | 20.6% | 20.5% | 14.6% |
| Finance costs | 76.3 | 65.3 | 69.3 | 69.3 | 72.4 | 67.3 | 68.9 | 70.3 | 72.4 | 68 | 60.7 | 47 | 46 | 43.6 | 37.9 | 18.9 | 17.4 | 18.9 | 18.8 | 17.4 | 17.7 | 19.1 | 19.7 | 19.2 | 20.8 | 22.1 | 21.2 | 19.6 | 19.7 | 2.8 | 1.9 | 2.5 | 5.2 |
| Depreciation | 261 | 264 | 266 | 282 | 243 | 251 | 264 | 241 | 235 | 227 | 199 | 208 | 185 | 182 | 178 | 131 | 107 | 102 | 88.5 | 85 | 79.5 | 82.6 | 81.9 | 89.9 | 78.1 | 74.7 | 70.9 | 66.3 | 61.1 | 37.1 | 35.5 | 36.8 | 36 |
| Profit before tax | 1,978 | 1,881 | 1,305 | 1,879 | 1,726 | 1,529 | 1,473 | 1,687 | 1,526 | 1,448 | 1,545 | 1,519 | 1,536 | 1,444 | 1,311 | 901 | 851 | 860 | 824 | 742 | 672 | 717 | 699 | 613 | 559 | 551 | 500 | 473 | 478 | 504 | 502 | 537 | 368 |
| Tax | 510 | 494 | 345 | 498 | 472 | 401 | 386 | 435 | 391 | 348 | 375 | 357 | 384 | 330 | 310 | 222 | 217 | 222 | 211 | 190 | 175 | 171 | 180 | 156 | 143 | 124 | 123 | 113 | 123 | 126 | 127 | 136 | 78.4 |
| Net profit | 1,469 | 1,387 | 960 | 1,381 | 1,255 | 1,129 | 1,087 | 1,252 | 1,135 | 1,101 | 1,169 | 1,162 | 1,152 | 1,114 | 1,001 | 680 | 634 | 638 | 613 | 552 | 497 | 546 | 519 | 457 | 416 | 428 | 377 | 360 | 356 | 379 | 376 | 400 | 289 |
| Net margin | 12.7% | 12.3% | 8.9% | 13.3% | 12.7% | 11.5% | 11.2% | 13.3% | 12.4% | 12.4% | 13.0% | 13.1% | 13.2% | 12.8% | 11.6% | 14.1% | 14.0% | 14.8% | 14.8% | 14.6% | 14.3% | 16.7% | 16.5% | 15.2% | 14.1% | 14.2% | 13.4% | 14.0% | 14.3% | 15.2% | 15.2% | 17.2% | 14.5% |
| EPS (₹) | 49.46 | 46.97 | 32.75 | 47.28 | 42.33 | 38.10 | 36.65 | 42.25 | 38.30 | 37.16 | 39.50 | 39.27 | 38.92 | 37.65 | 33.83 | 38.75 | 36.13 | 36.34 | 34.95 | 31.50 | 28.40 | 31.22 | 29.71 | 26.13 | 23.92 | 24.52 | 21.70 | 20.73 | 20.51 | 21.86 | 21.67 | 23.14 | 16.84 |
| Net profit YoY | +17.1% | +22.9% | −11.7% | +10.4% | +10.5% | +2.5% | −7.1% | +7.7% | −1.5% | −1.2% | +16.8% | +71.0% | +81.6% | +74.8% | +63.4% | +23.2% | +27.7% | +16.8% | +17.9% | +20.8% | +19.3% | +27.6% | +37.9% | +26.7% | +17.1% | +12.9% | +0.3% | −10.0% | – | +30.8% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 42,308 | 38,008 | 35,517 | 33,183 | 15,669 | 12,370 | 10,879 | 9,446 | 7,307 |
| Other income | 1,094 | 990 | 702 | 557 | 467 | 274 | 329 | 302 | 426 |
| Total expenses | 36,083 | 32,784 | 30,170 | 27,948 | 13,038 | 10,056 | 9,205 | 7,720 | 6,291 |
| EBITDA | 7,555 | 6,495 | 6,387 | 6,108 | 3,058 | 2,725 | 2,029 | 1,883 | 1,187 |
| EBITDA margin | 17.9% | 17.1% | 18.0% | 18.4% | 19.5% | 22.0% | 18.7% | 19.9% | 16.3% |
| Finance costs | 276 | 279 | 222 | 150 | 72.8 | 78.8 | 82.6 | 10.6 | 15.7 |
| Depreciation | 1,054 | 992 | 819 | 723 | 355 | 333 | 273 | 147 | 156 |
| Profit before tax | 6,791 | 6,214 | 6,049 | 5,792 | 3,097 | 2,588 | 2,003 | 2,028 | 1,442 |
| Tax | 1,808 | 1,612 | 1,464 | 1,381 | 799 | 650 | 482 | 512 | 329 |
| Net profit | 4,983 | 4,602 | 4,585 | 4,410 | 2,299 | 1,938 | 1,521 | 1,516 | 1,112 |
| Net margin | 11.8% | 12.1% | 12.9% | 13.3% | 14.7% | 15.7% | 14.0% | 16.0% | 15.2% |
| EPS (₹) | 169.33 | 155.29 | 154.85 | 149.07 | 131.19 | 110.98 | 87.45 | 87.67 | 57.08 |
| Net profit YoY | +8.3% | +0.4% | +4.0% | +91.9% | +18.6% | +27.5% | +0.3% | +36.2% | – |
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 | 4,799 | 4,546 | 5,670 | 3,096 | 1,652 |
| Investing cash flow | −1,768 | −1,738 | −3,912 | −331 | −959 |
| Financing cash flow | −2,926 | −2,574 | −2,269 | −1,932 | −1,046 |
| Capital expenditure | 931 | 950 | 843 | 939 | 859 |
| Free cash flow (CFO − capex) | 3,868 | 3,596 | 4,826 | 2,157 | 793 |
Net profit trend
annual, ₹ croreFY21
₹1,938
FY22
₹2,299+19%
FY23
₹4,410+92%
FY24
₹4,585+4%
FY25
₹4,602+0%
FY26
₹4,983+8%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 11 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 11 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 23 Apr 2026 | PDF XBRL |
| Q4 FY26 | Standalone | 23 Apr 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 19 Jan 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 19 Jan 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 16 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 16 Oct 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 17 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 17 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 29.1×23.3×
P/B5Y avg 8.10×5.03×
ROEFY26, on average equity21.3%
Net margin11.8%
Debt / equity0.00×
Revenue CAGR (3Y)8.4%
Profit CAGR (3Y)4.2%
EPS (TTM)₹175.56
Market cap₹1.21L Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.03×
vs 8-point avg 8.10× (−38%)
4.95× low8.10× avg14.35× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹37,196 Cr+21%
Net worth₹24,025 Cr+6%
Total borrowings₹0 Cr−100%
Cash & bank balances₹2,331 Cr+13%
Investments₹12,568 Cr+28%
Inventories₹3 Cr+18%
Trade receivables₹7,425 Cr+27%
Trade payables₹2,061 Cr+33%
Change vs the same date a year earlier.
Revenue mix FY26
Banking, Financial Services & Insurance35.2%result ₹2,517 Cr
Technology, Media & Communications23.0%result ₹1,910 Cr
Manufacturing & Resources20.2%result ₹1,471 Cr
Consumer Business15.3%result ₹1,328 Cr
Healthcare, Life Sciences & Public Services6.3%result ₹330 Cr
Segment revenue as reported, before inter-segment eliminations.