Quarterly results
standalone · 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 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 90.1 | 100 | 91.7 | 91.4 | 91.3 | 87.2 | 90.4 | 92.1 | 98.9 | 97.9 | 90.1 | 89.1 | 92 | 86.6 | 82.6 | 89.5 | 82.8 | 76.7 | 75.7 | 83.1 | 60.5 | 36.1 | 76.9 | 87.5 | 95.4 | 96.9 | 93.8 | 85.1 | 92 | 86.2 | 88.8 |
| Other income | 4.9 | 3.6 | 0.2 | 0.9 | 2.1 | 1.4 | 1.5 | 2.6 | 1.4 | 1.8 | 1.8 | 1.9 | 1.1 | 1.4 | 1.8 | 1.6 | 1.4 | 0.6 | 1.2 | 1.3 | 0.7 | 1.6 | 1.7 | 1.4 | 0.8 | 0.5 | 1.1 | 0.4 | 1.5 | 1.4 | 1.5 |
| Total expenses | 87.9 | 99.3 | 87.9 | 87.3 | 87.1 | 82.4 | 85.2 | 87.5 | 90 | 87.8 | 82.8 | 82.4 | 83.6 | 78.2 | 74.5 | 81.2 | 76.4 | 68.5 | 71.3 | 73.6 | 55.8 | 35.3 | 70.8 | 81.7 | 88.9 | 90.9 | 87 | 79.5 | 88.2 | 83.3 | 83.8 |
| EBITDA | 5.4 | 4.3 | 6.3 | 6.5 | 6.6 | 7 | 7.2 | 6.7 | 11 | 12 | 9 | 8.3 | 10 | 10.1 | 9.7 | 10 | 7.2 | 8.7 | 5 | 10.1 | 5.3 | 1.4 | 6.9 | 6.6 | 7.3 | 6.8 | 7.6 | 6.6 | 4.8 | 3.8 | 5.9 |
| EBITDA margin | 5.9% | 4.3% | 6.9% | 7.1% | 7.2% | 8.1% | 7.9% | 7.3% | 11.1% | 12.2% | 10.0% | 9.3% | 10.9% | 11.6% | 11.7% | 11.2% | 8.6% | 11.3% | 6.6% | 12.2% | 8.8% | 3.8% | 9.0% | 7.5% | 7.6% | 7.1% | 8.1% | 7.7% | 5.2% | 4.4% | 6.6% |
| Finance costs | 0.2 | 0.7 | 0.2 | 0.1 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −0 | 0.1 | 0.2 | 0.2 | 0.1 |
| Depreciation | 2.9 | 2.4 | 2.3 | 2.3 | 2.3 | 1.9 | 1.9 | 2.1 | 2 | 1.8 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 |
| Profit before tax | 7.2 | 4.8 | 4.1 | 5 | 6.2 | 6.2 | 6.7 | 7.2 | 10.3 | 11.9 | 9.1 | 8.5 | 9.4 | 9.8 | 9.8 | 9.9 | 7.8 | 8.7 | 5.6 | 10.8 | 5.4 | 2.4 | 7.8 | 7.2 | 7.3 | 6.5 | 7.9 | 6 | 5.4 | 4.3 | 6.5 |
| Tax | 2.5 | 0 | 1.8 | 1.4 | 2 | 1 | 1.7 | 2.1 | 2.7 | 3.2 | 1.9 | 2.4 | 2.6 | 2.4 | 2.9 | 2.4 | 2.4 | 1.9 | 1.3 | 3 | 1.5 | 0.7 | 1.9 | 2 | 1.9 | 1.8 | 2.6 | 1.8 | 1.6 | 1.1 | 2.1 |
| Net profit | 4.6 | 4.7 | 2.3 | 3.6 | 4.2 | 5.1 | 5 | 5.1 | 7.6 | 8.7 | 7.1 | 6.1 | 6.9 | 7.5 | 7 | 7.5 | 5.4 | 6.8 | 4.3 | 7.8 | 3.9 | 1.6 | 6 | 5.2 | 5.4 | 4.8 | 5.3 | 4.3 | 3.7 | 3.2 | 4.4 |
| Net margin | 5.2% | 4.7% | 2.5% | 3.9% | 4.6% | 5.9% | 5.5% | 5.6% | 7.7% | 8.9% | 7.9% | 6.8% | 7.5% | 8.6% | 8.4% | 8.4% | 6.5% | 8.9% | 5.7% | 9.4% | 6.5% | 4.5% | 7.7% | 5.9% | 5.6% | 4.9% | 5.6% | 5.0% | 4.1% | 3.8% | 5.0% |
| EPS (₹) | 4.38 | 4.47 | 2.12 | 3.39 | 3.93 | 4.85 | 4.67 | 4.82 | 7.17 | 8.24 | 6.73 | 5.72 | 6.47 | 7.02 | 6.56 | 7.06 | 5.08 | 6.41 | 4.09 | 7.36 | 3.71 | 1.52 | 5.61 | 4.87 | 5.05 | 4.50 | 4.99 | 4.02 | 3.52 | 3.06 | 4.17 |
| Net profit YoY | +11.6% | −7.7% | −54.5% | −29.7% | −45.2% | −41.2% | −30.6% | −15.6% | +10.8% | +17.3% | +2.6% | −19.0% | – | +38.2% | +2.3% | +72.7% | – | −12.9% | +10.3% | +51.0% | −26.6% | −66.1% | +12.5% | +21.2% | +43.5% | +47.1% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 375 | 368 | 369 | 341 | 296 | 357 | 357 | 92 |
| Other income | 6.8 | 7 | 6.5 | 5.6 | 4.6 | 4.4 | 4.4 | 1.1 |
| Total expenses | 362 | 345 | 337 | 309 | 272 | 332 | 338 | 85.4 |
| EBITDA | 23.7 | 31.9 | 39.3 | 37.8 | 26.5 | 27.6 | 22.8 | 7.7 |
| EBITDA margin | 6.3% | 8.7% | 10.7% | 11.1% | 9.0% | 7.7% | 6.4% | 8.3% |
| Finance costs | 1.1 | 0.6 | 0.2 | 0.3 | 0.4 | 0.3 | 0.5 | 0.2 |
| Depreciation | 9.4 | 8 | 6.7 | 6.2 | 2.1 | 2.9 | 3.1 | 0.9 |
| Profit before tax | 20 | 30.3 | 38.9 | 36.9 | 28.6 | 28.8 | 23.6 | 7.7 |
| Tax | 5.3 | 7.5 | 10 | 9.6 | 7.4 | 7.6 | 7.1 | 2.5 |
| Net profit | 14.8 | 22.8 | 28.8 | 27.3 | 21.3 | 21.3 | 16.5 | 5.3 |
| Net margin | 3.9% | 6.2% | 7.8% | 8.0% | 7.2% | 6.0% | 4.6% | 5.7% |
| EPS (₹) | 13.91 | 21.51 | 27.16 | 25.77 | 20.03 | 20.03 | 15.59 | 4.97 |
| Net profit YoY | −35.3% | −20.8% | +5.4% | +28.7% | – | +28.5% | – | – |
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 | 55.2 | 12.2 | 21.3 | 15.5 | −3.2 |
| Investing cash flow | −41 | −25.2 | −24.1 | −0.5 | −0.5 |
| Financing cash flow | −11.5 | 7.4 | −0.2 | −6.6 | −3 |
| Capital expenditure | 31.8 | 24.3 | 26.2 | 4 | 32.4 |
| Free cash flow (CFO − capex) | 23.4 | −12 | −5 | 11.5 | −35.6 |
Net profit trend
annual, ₹ croreFY20
₹21.3
FY22
₹21.3−0%
FY23
₹27.3+29%
FY24
₹28.8+5%
FY25
₹22.8−21%
FY26
₹14.8−35%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 15 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 6 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 11 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 20 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 12 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 4 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 8 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 19 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 12.4×18.9×
P/B5Y avg 0.92×0.82×
ROEFY26, on average equity4.1%
Net margin3.9%
Debt / equity0.02×
Revenue CAGR (3Y)3.2%
Profit CAGR (3Y)-18.6%
EPS (TTM)₹14.36
Market cap₹288 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.82×
vs 8-point avg 0.92× (−11%)
0.61× low0.92× avg1.15× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹412 Cr−0%
Net worth₹351 Cr−4%
Total borrowings₹6 Cr−50%
Cash & bank balances₹3 Cr+310%
Investments₹80 Cr−20%
Inventories₹68 Cr+4%
Trade receivables₹87 Cr+34%
Trade payables₹31 Cr+95%
Change vs the same date a year earlier.