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 | 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 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 705 | 751 | 668 | 629 | 654 | 695 | 667 | 679 | 748 | 747 | 713 | 715 | 739 | 765 | 681 | 670 | 667 | 698 | 744 | 714 | 497 | 748 | 672 | 576 | 364 | 541 | 600 | 622 | 648 | 636 | 551 | 545 | 566 | 557 |
| Other income | 13 | 11.7 | 11 | 12.3 | 11.3 | 8.1 | 6.8 | 6.6 | 5.4 | 5.1 | 6 | 10.5 | 7.3 | 4.3 | 4.4 | 5.7 | 4.2 | 5.9 | 5.5 | 7.1 | 5.3 | 6.9 | 4 | 5 | 6.9 | 4 | 2.2 | 1.7 | 1.2 | 1.3 | 3 | 6.3 | 2.4 | 0.6 |
| Total expenses | 643 | 672 | 643 | 592 | 600 | 628 | 629 | 636 | 693 | 670 | 668 | 665 | 670 | 684 | 645 | 645 | 618 | 620 | 655 | 630 | 462 | 617 | 555 | 481 | 338 | 476 | 530 | 549 | 573 | 558 | 497 | 488 | 500 | 475 |
| EBITDA | 108 | 124 | 69.4 | 81.2 | 99.5 | 112 | 83.4 | 87.7 | 98.9 | 120 | 87.2 | 91.5 | 108 | 118 | 72.3 | 59.4 | 86.1 | 111 | 122 | 117 | 66.2 | 163 | 149 | 127 | 57 | 96.2 | 102 | 105 | 106 | 95.2 | 72.7 | 73.6 | 82.9 | 97.8 |
| EBITDA margin | 15.4% | 16.5% | 10.4% | 12.9% | 15.2% | 16.1% | 12.5% | 12.9% | 13.2% | 16.1% | 12.2% | 12.8% | 14.6% | 15.4% | 10.6% | 8.9% | 12.9% | 15.9% | 16.4% | 16.4% | 13.3% | 21.8% | 22.1% | 22.0% | 15.7% | 17.8% | 16.9% | 16.8% | 16.4% | 15.0% | 13.2% | 13.5% | 14.6% | 17.6% |
| Finance costs | 5.9 | 5.8 | 5.3 | 5.2 | 5.2 | 5.4 | 5.4 | 5 | 4.9 | 4.7 | 4.8 | 4.7 | 4.5 | 4.1 | 4.1 | 4.1 | 6.9 | 3.9 | 4.1 | 3.6 | 3.7 | 5.2 | 4 | 3.8 | 4.1 | 3.5 | 4.4 | 4.3 | 4.7 | 1.7 | 2 | 1.2 | 1.9 | 2.5 |
| Depreciation | 40.2 | 39.1 | 39.1 | 39.4 | 39.7 | 39.4 | 40.2 | 39.8 | 39.1 | 38.5 | 37.5 | 36.9 | 34.6 | 32.8 | 32 | 30.5 | 29.8 | 28.7 | 29.1 | 28.3 | 27.5 | 27 | 27.8 | 27.8 | 27.5 | 27.6 | 27.5 | 27.8 | 26.6 | 16.1 | 16.7 | 15.6 | 14 | 13.8 |
| Profit before tax | 75.1 | 90.8 | 35.9 | 48.9 | 65.9 | 75.4 | 44.6 | 49.6 | 60.3 | 82.3 | 50.8 | 60.4 | 75.8 | 85.4 | 40.6 | 30.4 | 53.6 | 84.4 | 94 | 91.9 | 40.3 | 138 | 121 | 100 | 32.3 | 69 | 71.9 | 74.3 | 76.5 | 78.7 | 56.9 | 63 | 69.4 | 82.2 |
| Tax | 20.1 | 23.1 | 9.4 | 12.7 | 17 | 19.1 | 11.6 | 12.8 | 16 | 20.9 | 12.3 | 16.2 | 19.5 | 22.1 | 10.5 | 8 | 14.9 | 21.5 | 23.9 | 23.3 | 9.3 | 35.4 | 30.8 | 25.3 | 8.1 | 17.2 | 17.8 | 3.8 | 26.7 | 24.3 | 21.3 | 23.6 | 23.4 | 28.7 |
| Net profit | 54.9 | 67.7 | 26.5 | 36.2 | 48.9 | 56.2 | 33 | 36.7 | 44.4 | 61.4 | 38.6 | 44.2 | 56.3 | 63.3 | 30.1 | 22.4 | 38.7 | 62.9 | 70.1 | 68.7 | 31 | 102 | 90.1 | 75.1 | 24.2 | 51.8 | 54.2 | 70.5 | 49.8 | 54.4 | 35.6 | 39.5 | 46 | 53.5 |
| Net margin | 7.8% | 9.0% | 4.0% | 5.8% | 7.5% | 8.1% | 4.9% | 5.4% | 5.9% | 8.2% | 5.4% | 6.2% | 7.6% | 8.3% | 4.4% | 3.3% | 5.8% | 9.0% | 9.4% | 9.6% | 6.2% | 13.7% | 13.4% | 13.0% | 6.7% | 9.6% | 9.0% | 11.3% | 7.7% | 8.6% | 6.5% | 7.2% | 8.1% | 9.6% |
| EPS (₹) | 2.21 | 2.72 | 1.06 | 1.46 | 1.96 | 2.26 | 1.32 | 1.48 | 1.78 | 2.46 | 1.55 | 1.78 | 2.26 | 2.55 | 1.21 | 0.90 | 1.55 | 2.53 | 2.82 | 2.76 | 1.25 | 4.11 | 3.63 | 3.02 | 0.98 | 2.09 | 2.18 | 2.84 | 2.01 | 4.39 | 2.87 | 3.28 | 3.82 | 4.45 |
| Net profit YoY | +12.4% | +20.4% | −19.6% | −1.6% | +10.2% | −8.4% | −14.4% | −16.9% | −21.2% | −3.0% | +28.1% | +97.3% | +45.6% | +0.6% | −57.1% | −67.4% | +24.9% | −38.4% | −22.2% | −8.5% | +27.8% | +97.2% | +66.3% | +6.5% | −51.3% | −4.8% | +52.0% | +78.8% | +8.3% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,702 | 2,790 | 2,914 | 2,783 | 2,653 | 2,359 | 2,410 | 2,292 | 475 |
| Other income | 46.2 | 27 | 28.9 | 18.6 | 23.7 | 22.8 | 9.1 | 13 | 5.8 |
| Total expenses | 2,507 | 2,587 | 2,674 | 2,591 | 2,366 | 1,991 | 2,128 | 2,037 | 434 |
| EBITDA | 374 | 382 | 407 | 336 | 416 | 495 | 409 | 324 | 57.3 |
| EBITDA margin | 13.8% | 13.7% | 14.0% | 12.1% | 15.7% | 21.0% | 17.0% | 14.1% | 12.1% |
| Finance costs | 21.5 | 20.7 | 18.7 | 19.2 | 15.3 | 17.1 | 16.9 | 6.9 | 2.9 |
| Depreciation | 157 | 158 | 147 | 125 | 114 | 110 | 109 | 62.4 | 13 |
| Profit before tax | 241 | 230 | 269 | 210 | 311 | 391 | 292 | 268 | 47.3 |
| Tax | 62.2 | 59.5 | 68.8 | 55.5 | 77.9 | 99.6 | 65.5 | 92.5 | 15.6 |
| Net profit | 179 | 170 | 200 | 154 | 233 | 292 | 226 | 175 | 31.7 |
| Net margin | 6.6% | 6.1% | 6.9% | 5.6% | 8.8% | 12.4% | 9.4% | 7.7% | 6.7% |
| EPS (₹) | 7.20 | 6.84 | 8.05 | 6.21 | 9.36 | 11.74 | 9.12 | 14.15 | 2.64 |
| Net profit YoY | +5.2% | −15.0% | +29.8% | −33.6% | −20.2% | +28.9% | +29.0% | – | – |
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 | 348 | 406 | 235 | 400 | 56 |
| Investing cash flow | −207 | −262 | −98.6 | −258 | 14.6 |
| Financing cash flow | −146 | −162 | −106 | −138 | −69.8 |
| Capital expenditure | 136 | 115 | 248 | 177 | 138 |
| Free cash flow (CFO − capex) | 212 | 291 | −13.2 | 223 | −81.7 |
Net profit trend
annual, ₹ croreFY21
₹292
FY22
₹233−20%
FY23
₹154−34%
FY24
₹200+30%
FY25
₹170−15%
FY26
₹179+5%
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 | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 30 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 30 Jul 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 12 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 31 Jan 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 8 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 31 Jul 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 9 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)39.9×
P/B3.35×
ROEFY26, on average equity8.3%
Net margin6.6%
Debt / equity0.00×
Revenue CAGR (3Y)-1.0%
Profit CAGR (3Y)5.1%
EPS (TTM)₹7.45
Market cap₹7,392 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹2,949 Cr+7%
Net worth₹2,206 Cr+5%
Total borrowings₹0 Cr
Cash & bank balances₹18 Cr−21%
Investments₹436 Cr+27%
Inventories₹557 Cr−0%
Trade receivables₹299 Cr−4%
Trade payables₹263 Cr+33%
Change vs the same date a year earlier.