Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q3 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 198 | 204 | 177 | 166 | 164 | 179 | 186 | 176 | 155 | 185 | 125 | 133 | 140 | 168 | 152 |
| Other income | 0.1 | 0.9 | 0.3 | 0.1 | 0.2 | 0.6 | 0.4 | 0.4 | 0.1 | 0.3 | 0.4 | 0.1 | 0.2 | 0.2 | 0.1 |
| Total expenses | 191 | 198 | 171 | 159 | 158 | 175 | 178 | 170 | 149 | 180 | 119 | 130 | 138 | 163 | 149 |
| EBITDA | 19.8 | 21.9 | 19.6 | 22.6 | 20.3 | 18.2 | 24.5 | 23.2 | 19.6 | 17.5 | 12.8 | 10.3 | 7.9 | 11.8 | 9.6 |
| EBITDA margin | 10.0% | 10.7% | 11.1% | 13.6% | 12.4% | 10.2% | 13.2% | 13.1% | 12.6% | 9.5% | 10.3% | 7.7% | 5.7% | 7.0% | 6.3% |
| Finance costs | 6.2 | 9 | 6.3 | 8 | 7.6 | 8 | 9.2 | 9.4 | 5.2 | 6.3 | 4.1 | 4 | 3.4 | 4 | 3.6 |
| Depreciation | 7 | 7.3 | 7.4 | 7.3 | 7.1 | 6.4 | 7.6 | 7.8 | 7.6 | 6 | 3.1 | 3 | 2.6 | 2.8 | 2.9 |
| Profit before tax | 6.6 | 6.5 | 6.1 | 7.4 | 5.9 | 4.6 | 8.1 | 6.4 | 6.8 | 5.4 | 6 | 3.4 | 2.1 | 5.2 | 3.3 |
| Tax | 1.7 | 1.5 | 1.5 | 1.9 | 1.5 | 1.2 | 2 | 1.6 | 1.7 | 1.4 | 2.2 | 0.7 | −0.3 | 0.3 | 0.8 |
| Net profit | 5 | 5 | 4.6 | 5.6 | 4.4 | 3.3 | 6 | 4.8 | 5.1 | 4.1 | 3.9 | 2.7 | 2.4 | 4.8 | 2.5 |
| Net margin | 2.5% | 2.4% | 2.6% | 3.4% | 2.7% | 1.9% | 3.2% | 2.7% | 3.3% | 2.2% | 3.1% | 2.0% | 1.7% | 2.9% | 1.6% |
| EPS (₹) | 2.74 | 2.77 | 2.56 | 3.09 | 2.46 | 1.84 | 3.34 | 2.65 | 2.83 | 2.25 | 2.13 | 1.49 | 1.33 | 3.25 | 1.69 |
| Net profit YoY | +11.3% | +50.1% | −23.2% | +16.3% | −12.9% | −17.9% | +56.4% | +78.0% | +112.2% | −16.1% | +54.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 711 | 697 | 583 | 699 |
| Other income | 1.5 | 1.5 | 1 | 0.4 |
| Total expenses | 686 | 673 | 567 | 683 |
| EBITDA | 84.4 | 85.6 | 48.5 | 41.6 |
| EBITDA margin | 11.9% | 12.3% | 8.3% | 5.9% |
| Finance costs | 30.8 | 31.8 | 17.8 | 14.3 |
| Depreciation | 29.1 | 29.4 | 14.8 | 11.5 |
| Profit before tax | 26 | 25.9 | 16.9 | 16.1 |
| Tax | 6.4 | 6.6 | 3.9 | 3.2 |
| Net profit | 19.6 | 19.3 | 13 | 13 |
| Net margin | 2.8% | 2.8% | 2.2% | 1.9% |
| EPS (₹) | 10.88 | 10.67 | 7.20 | 8.72 |
| Net profit YoY | +2.0% | +48.1% | +0.4% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | 25.9 | 4.2 | 12.8 | 11.7 |
| Investing cash flow | −15.8 | −3.2 | −163 | −22.9 |
| Financing cash flow | −10 | −1.8 | 138 | 25 |
| Capital expenditure | 20.6 | 21 | 154 | 15.3 |
| Free cash flow (CFO − capex) | 5.3 | −16.9 | −141 | −3.6 |
Net profit trend
annual, ₹ croreFY23
₹13
FY24
₹13+0%
FY25
₹19.3+48%
FY26
₹19.6+2%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 22 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 14 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 7 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 14 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 12 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 19.3×20.5×
P/B5Y avg 2.23×2.42×
ROEFY26, on average equity12.3%
Net margin2.8%
Debt / equity2.03×
Revenue CAGR (3Y)0.6%
Profit CAGR (3Y)14.9%
EPS (TTM)₹11.16
Market cap₹414 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.42×
vs 7-point avg 2.23× (+8%)
1.87× low2.23× avg2.93× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹676 Cr+9%
Net worth₹171 Cr+15%
Total borrowings₹348 Cr+6%
Cash & bank balances₹0 Cr+18%
Investments₹0 Cr+21%
Inventories₹236 Cr+12%
Trade receivables₹180 Cr+27%
Trade payables₹139 Cr+14%
Change vs the same date a year earlier.