Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY24
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 198 | 205 | 184 | 387 | 190 | 187 | 181 | 182 | 169 | 178 | 159 | 180 | 172 |
| Other income | 3.6 | 5.9 | 5.6 | 9.2 | 4.3 | 2.6 | 5 | 3 | 3.9 | 2.1 | 3.8 | 1.6 | 4 |
| Total expenses | 175 | 183 | 163 | 343 | 171 | 181 | 175 | 180 | 169 | 169 | 160 | 156 | 165 |
| EBITDA | 33.3 | 33.3 | 31.4 | 61.8 | 28.4 | 16.2 | 14.3 | 10.4 | 7.6 | 18 | 4.8 | 31.7 | 16.7 |
| EBITDA margin | 16.8% | 16.2% | 17.1% | 16.0% | 14.9% | 8.6% | 7.9% | 5.7% | 4.5% | 10.1% | 3.0% | 17.6% | 9.7% |
| Finance costs | 0.9 | 1.9 | 1.4 | 2.3 | 1.2 | 1.6 | 1.3 | 1.7 | 0.8 | 0.1 | 0.6 | 1.4 | 1.9 |
| Depreciation | 9.5 | 9.7 | 9.7 | 16.2 | 7.5 | 8 | 7.1 | 6.2 | 6 | 8.8 | 4.8 | 6.6 | 7.5 |
| Profit before tax | 26.6 | 27.6 | 25.9 | 52.5 | 24 | 9.1 | 10.9 | 5.5 | 4.6 | 11.2 | 3.2 | 25.3 | 11.3 |
| Tax | 7.2 | 7.6 | 5.4 | 10.8 | 4.3 | 2.9 | 3 | 1.6 | 1.4 | 8.9 | −4.1 | 3.1 | 3.2 |
| Net profit | 19.4 | 20 | 20.5 | 41.7 | 19.6 | 6.2 | 7.9 | 3.9 | 3.2 | 2.3 | 7.3 | 22.2 | 8.1 |
| Net margin | 9.8% | 9.8% | 11.2% | 10.8% | 10.3% | 3.3% | 4.4% | 2.1% | 1.9% | 1.3% | 4.6% | 12.3% | 4.7% |
| EPS (₹) | 4.93 | 5.12 | 5.19 | 10.90 | 5.13 | 1.68 | 2.07 | 1.08 | 0.95 | 0.61 | 2.00 | 5.83 | 2.18 |
| Net profit YoY | −1.3% | +223.2% | +159.1% | +973.7% | +511.5% | +166.9% | +8.5% | −82.5% | −60.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 775 | 720 | 690 |
| Other income | 20.7 | 14.5 | 11.6 |
| Total expenses | 690 | 705 | 650 |
| EBITDA | 126 | 48.4 | 71.2 |
| EBITDA margin | 16.3% | 6.7% | 10.3% |
| Finance costs | 5.5 | 5.5 | 4.1 |
| Depreciation | 35.7 | 27.3 | 27.6 |
| Profit before tax | 106 | 30.1 | 51.1 |
| Tax | 23.7 | 8.9 | 11.2 |
| Net profit | 82.3 | 21.2 | 39.9 |
| Net margin | 10.6% | 2.9% | 5.8% |
| EPS (₹) | 21.21 | 5.92 | 10.71 |
| Net profit YoY | +287.8% | −46.8% | – |
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 |
|---|---|---|---|
| Operating cash flow | 108 | 65 | 76 |
| Investing cash flow | −117 | −81.6 | −132 |
| Financing cash flow | −28.2 | 37.5 | 22.6 |
| Capital expenditure | 110 | 76.2 | 69 |
| Free cash flow (CFO − capex) | −1.9 | −11.2 | 7 |
Net profit trend
annual, ₹ croreFY24
₹39.9
FY25
₹21.2−47%
FY26
₹82.3+288%
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 | 18 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 18 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 5 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 5 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 32.8×27.0×
P/B5Y avg 2.47×3.68×
ROEFY26, on average equity12.1%
Net margin10.6%
Debt / equity0.10×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹26.35
Market cap₹2,745 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
3.68×
vs 6-point avg 2.47× (+49%)
1.36× low2.47× avg3.76× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,003 Cr+13%
Net worth₹745 Cr+22%
Total borrowings₹74 Cr−23%
Cash & bank balances₹96 Cr+7%
Investments₹0 Cr+26%
Inventories₹172 Cr+6%
Trade receivables₹132 Cr−2%
Trade payables₹74 Cr−9%
Change vs the same date a year earlier.
Revenue mix FY26
Europe68.0%result ₹0 Cr
Asia24.8%result ₹0 Cr
Other7.2%result ₹0 Cr
Segment revenue as reported, before inter-segment eliminations.