Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY20
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 7.8 | 12 | 7.3 | 7.8 | 7.1 | 7 | 10.3 | 6.5 | 5.3 | 5.4 | 7.2 | 5 | 4.8 | 2.9 | 1.4 | 0.6 | 0.5 | 1.8 | 2.5 | 0.6 | 0.2 | 0.9 | 0.4 | 0.5 | 1 | 1.4 | 1.3 | 1 | 1.2 |
| Other income | 5.6 | −2.1 | 9 | 3.3 | 4.5 | 3.3 | 4.4 | 5.1 | 3.7 | 7.7 | 4.5 | 3.3 | 2.6 | 2.9 | 2.5 | 3.3 | 1.4 | 1.5 | 2.6 | 1.9 | 2.1 | 8.8 | 1.5 | 1.9 | 1.1 | 1.4 | 1.9 | 18.8 | 2 |
| Total expenses | 14.1 | 22.6 | 16.5 | 13.4 | 13.6 | 16.1 | 17.2 | 11.6 | 10.2 | 15.8 | 12.6 | 9.5 | 9.1 | 8 | 7.5 | 6.3 | 5.6 | 12 | 8.1 | 5.9 | 4.1 | 6.3 | 5 | 4.7 | 4.2 | 6.1 | 6.5 | 5.7 | 5.5 |
| EBITDA | −4.9 | −9.1 | −7.6 | −4.2 | −5.1 | −7.4 | −5.6 | −3.9 | −3.6 | −7.6 | −4 | −3.2 | −3.3 | −4.5 | −5.4 | −5.1 | −4.4 | −9.3 | −4.9 | −4.5 | −3.1 | −4.4 | −3.9 | −3.4 | −2.4 | −3.6 | −4.4 | −3.8 | −3.5 |
| EBITDA margin | -62.5% | -75.5% | -104.3% | -53.3% | -71.6% | -104.5% | -54.7% | -60.2% | -68.0% | -140.5% | -55.8% | -64.0% | -69.3% | -156.0% | -387.5% | -924.2% | -886.8% | -512.0% | -195.9% | -725.0% | -1532.6% | -497.6% | -1005.3% | -733.0% | -231.8% | -255.4% | -353.9% | -380.1% | -281.7% |
| Finance costs | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.5 | 1.9 | 0.6 | 0.7 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 |
| Depreciation | 0.9 | 1.1 | 1.1 | 1.1 | 1 | 1.2 | 0.8 | 0.8 | 0.7 | 0.9 | 0.8 | 0.7 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 |
| Profit before tax | −0.7 | −12.7 | −0.2 | −2.4 | −2.1 | −5.7 | −2.5 | −0 | −1.1 | −2.7 | −0.9 | −1.3 | −1.7 | −2.2 | −3.6 | −2.5 | −3.7 | −8.7 | −3.1 | −3.3 | −1.8 | −2.8 | −3.1 | −4.9 | −2 | −3.3 | −3.4 | 14.1 | −2.3 |
| Tax | 0.3 | 2.5 | 0.1 | −0 | −0.4 | 0.2 | −2.2 | 2.8 | 0.6 | 3.3 | 1.4 | 3.7 | 2.2 | 0.8 | −1.2 | 4.6 | −0.4 | −0.3 | 2.4 | −0.2 | 0 | −0.9 | −0 | 0 | 0 | 3 | −0 | 0 | 0 |
| Net profit | 4.2 | −13.9 | 5.1 | 4.6 | 4.9 | 1.2 | 6.2 | 6.3 | 6.8 | 3.2 | 5.6 | 3.2 | 3.6 | 3.2 | 8.3 | 6.3 | 9.8 | 3.5 | 5.8 | 9.8 | 6.6 | 2.9 | 3.8 | −0.7 | −6.7 | −6.9 | −1.2 | 14.1 | −2.3 |
| Net margin | 54.3% | -115.4% | 69.4% | 58.4% | 68.7% | 16.5% | 60.0% | 97.2% | 127.0% | 58.0% | 77.4% | 63.7% | 75.4% | 112.5% | 593.8% | 1134.3% | 1955.3% | 193.7% | 232.4% | 1588.6% | 3195.4% | 333.5% | 980.1% | -143.2% | -646.8% | -493.2% | -95.8% | 1394.0% | -183.3% |
| EPS (₹) | 1.70 | -5.55 | 2.03 | 1.82 | -1.51 | 0.46 | 2.48 | 2.53 | 2.71 | 1.26 | 2.24 | 1.27 | 2.33 | 1.29 | 3.33 | 6.43 | 3.91 | 1.41 | 2.31 | -0.89 | 2.62 | 1.18 | 1.52 | -0.27 | -2.66 | -2.76 | -0.48 | 5.63 | -0.90 |
| Net profit YoY | −12.9% | −1295.3% | −18.0% | −27.9% | −28.1% | −63.2% | +10.8% | +99.1% | +88.1% | −1.9% | −33.1% | −49.6% | −63.2% | −8.6% | +44.3% | −35.6% | +49.5% | +19.6% | +51.9% | +1555.9% | +198.2% | +142.6% | +417.0% | −104.8% | −196.5% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 34.2 | 29.2 | 22.4 | 5.3 | 5.1 | 2.8 | 4.9 |
| Other income | 14.6 | 16.6 | 18.1 | 10.1 | 8.1 | 13.3 | 11.5 |
| Total expenses | 66.2 | 55.2 | 47.1 | 27.4 | 30.1 | 20.2 | 23.8 |
| EBITDA | −26 | −20.5 | −18.2 | −19.5 | −21.8 | −14.1 | −15.3 |
| EBITDA margin | -75.8% | -70.3% | -81.0% | -365.9% | -424.9% | -509.7% | -313.0% |
| Finance costs | 1.7 | 1.9 | 3.5 | 0.5 | 0.6 | 0.6 | 0.6 |
| Depreciation | 4.3 | 3.5 | 2.9 | 2.1 | 2.6 | 2.7 | 3 |
| Profit before tax | −17.4 | −9.3 | −6.6 | −12 | −16.9 | −7.7 | −7.4 |
| Tax | 2.1 | 1.5 | 10.6 | 3.8 | 1.9 | −0.9 | 3 |
| Net profit | 0.6 | 20.5 | 15.5 | 27.7 | 25.6 | 4.6 | −2.3 |
| Net margin | 1.9% | 70.1% | 69.2% | 519.5% | 499.9% | 166.5% | -47.7% |
| EPS (₹) | 0.26 | 8.19 | 6.21 | 11.06 | 10.24 | 1.84 | -0.93 |
| Net profit YoY | −96.9% | +31.8% | −43.9% | +7.9% | +455.3% | +297.9% | – |
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 | −10.9 | −3.2 | 32 | −18.1 | −24.7 |
| Investing cash flow | 17.4 | 10.2 | −29.3 | 24.5 | 26.6 |
| Financing cash flow | −4.2 | −5.5 | −4 | −0.7 | −0.7 |
| Capital expenditure | 0.4 | 1.9 | 3.5 | 9.6 | 5 |
| Free cash flow (CFO − capex) | −11.2 | −5.1 | 28.5 | −27.7 | −29.7 |
Net profit trend
annual, ₹ croreFY21
₹4.6
FY22
₹25.6+455%
FY23
₹27.7+8%
FY24
₹15.5−44%
FY25
₹20.5+32%
FY26
₹0.6−97%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 14 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 14 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 14 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 111.8×37530.3×
P/B5Y avg 0.35×0.45×
ROEFY26, on average equity0.1%
Net margin1.9%
Debt / equity0.03×
Revenue CAGR (3Y)86.0%
Profit CAGR (3Y)-71.5%
EPS (TTM)₹0.00
Market cap₹304 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.45×
vs 8-point avg 0.35× (+28%)
0.22× low0.35× avg0.46× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹771 Cr+0%
Net worth₹676 Cr−2%
Total borrowings₹20 Cr+16%
Cash & bank balances₹11 Cr+28%
Investments₹160 Cr−16%
Inventories₹0 Cr
Trade receivables₹25 Cr+4%
Trade payables₹12 Cr+17%
Change vs the same date a year earlier.
Revenue mix FY26
Travel services74.3%result ₹5.3 Cr
Real estate services13.5%result ₹3 Cr
Others12.2%result ₹1.7 Cr
Segment revenue as reported, before inter-segment eliminations.