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 | 12.5 | 13.5 | 15.1 | 17.5 | 8.1 | 20.6 | 19.2 | 21.1 | 13.9 | 14.1 | 13.4 | 16.5 | 17.8 | 17.9 | 18.4 | 18.5 | 21.5 | 16.1 | 8.5 | 2.8 | 0.4 | 0 | 0 | 0 | 0.6 | 44.5 | 50.9 | 45.1 | 44.3 | 43.2 | 45.7 | 48.2 | 44.6 | 37.8 |
| Other income | 1.2 | 0.6 | 0.5 | 0.9 | 0.9 | 1.6 | 0.8 | −0.4 | 1.1 | 2.2 | 0 | 2.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 |
| Total expenses | 13.6 | 12.9 | 15.6 | 18.3 | 8.9 | 22.1 | 20 | 20.7 | 15 | 14.9 | 14.7 | 17.9 | 18.3 | 19.1 | 18.8 | 18.5 | 21.1 | 15.9 | 9.7 | 5.2 | 1.9 | 1.2 | 1 | 1.8 | 2 | 44.5 | 50.5 | 44.9 | 44.1 | 44.4 | 46.3 | 48 | 44 | 42.6 |
| EBITDA | −0.9 | 0.7 | −0.4 | −0.7 | −0.7 | −1.4 | −0.6 | 0.6 | −1 | −0.6 | −1.1 | −1.4 | −0.4 | −1.2 | −0.3 | 0.1 | 0.5 | 0.3 | −1.1 | −2.3 | −1.4 | −1 | −0.9 | −1.6 | −1.3 | 0.2 | 0.5 | 0.4 | 0.4 | −2.1 | −0 | 0.7 | 1.1 | −4.4 |
| EBITDA margin | -7.5% | 5.5% | -2.4% | -4.1% | -8.9% | -6.9% | -3.2% | 2.7% | -7.0% | -4.6% | -8.1% | -8.6% | -2.3% | -6.5% | -1.8% | 0.7% | 2.2% | 2.0% | -12.7% | -81.4% | -307.6% | – | – | -23517.4% | -223.8% | 0.4% | 1.0% | 0.8% | 0.9% | -4.8% | -0.1% | 1.4% | 2.5% | -11.6% |
| Finance costs | 0.1 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0.4 | 0.4 | 0.4 | 0.4 |
| Depreciation | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 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 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 |
| Profit before tax | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | −1.2 | −1.6 | −0.5 | −2.3 | −0.4 | 0.1 | 0.4 | 0.2 | −9.5 | −2.4 | −1.5 | −1.2 | −1 | −3.7 | −1.5 | 0 | 0.2 | 0.2 | 0.2 | 3.7 | −0.6 | 0.2 | 0.6 | −4.6 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −0 | 0 | 0 | −0 | 0.1 | 0.1 | −0 | −0 | 0.2 | −0 | −0 | −0 | −0 |
| Net profit | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | −1.2 | −1.6 | −0.5 | −2.3 | −0.4 | 0.1 | 0.4 | 0.2 | −9.5 | −2.4 | −1.5 | −1.1 | −1 | −3.7 | −1.4 | −0.1 | 0.2 | 0.2 | 0.2 | 3.5 | −0.6 | 0.2 | 0.6 | −4.6 |
| Net margin | 0.5% | 0.4% | 0.1% | 0.2% | 0.3% | 0.1% | 0.1% | 0.2% | 0.3% | 9.6% | -9.1% | -9.7% | -2.6% | -12.8% | -2.4% | 0.3% | 1.8% | 1.2% | -112.1% | -84.7% | -333.9% | – | – | -54333.3% | -243.5% | -0.2% | 0.3% | 0.5% | 0.4% | 8.2% | -1.2% | 0.4% | 1.3% | -12.1% |
| EPS (₹) | 0.03 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.58 | -0.51 | -0.67 | -0.19 | -0.91 | -0.18 | 0.02 | 0.16 | 0.15 | -3.97 | -1.00 | -0.62 | -0.46 | -0.42 | -1.56 | -0.60 | -0.16 | 0.07 | 0.09 | 0.08 | 1.47 | -0.23 | 0.07 | 0.25 | -1.90 |
| Net profit YoY | +145.7% | +86.1% | −22.9% | −3.1% | −28.7% | −98.0% | +102.0% | +102.6% | +108.4% | +158.9% | −178.9% | −3212.7% | −218.5% | −1299.7% | +95.4% | +102.1% | +126.5% | +116.8% | −843.2% | +35.9% | −2.7% | −1436.0% | −671.1% | −1886.9% | −833.5% | −102.1% | +131.5% | +20.3% | −66.7% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 54.2 | 74.8 | 61.8 | 76.2 | 27.8 | 0.6 | 185 | 182 | 35.8 |
| Other income | 2.8 | 3.1 | 4.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total expenses | 55.8 | 77.8 | 65.8 | 77.5 | 32.7 | 6 | 184 | 183 | 37.4 |
| EBITDA | −1.1 | −2.5 | −3.6 | −0.9 | −4.4 | −4.9 | 1.5 | −0.3 | −1.2 |
| EBITDA margin | -1.9% | -3.3% | -5.8% | -1.2% | -15.9% | -808.3% | 0.8% | -0.2% | -3.3% |
| Finance costs | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0 | 0.1 | 0.2 | 0.4 |
| Depreciation | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.1 |
| Profit before tax | 0.2 | 0.1 | −1.9 | −2.3 | −13.2 | −7.4 | 0.7 | 3.9 | −1.6 |
| Tax | 0 | 0 | 0 | 0 | −0 | −0 | 0.2 | 0.2 | −0 |
| Net profit | 0.1 | 0.1 | −1.9 | −2.3 | −13.2 | −7.3 | 0.5 | 3.7 | −1.5 |
| Net margin | 0.3% | 0.2% | -3.1% | -3.0% | -47.5% | -1221.7% | 0.3% | 2.1% | -4.3% |
| EPS (₹) | 0.06 | 0.07 | -0.79 | -0.91 | -5.45 | -3.04 | 0.09 | 1.58 | -0.64 |
| Net profit YoY | +3.4% | +106.8% | +14.7% | +82.8% | −80.3% | −1538.5% | −86.3% | – | – |
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 | 1.8 | −0.4 | 0.1 | −8.7 | −2.8 |
| Investing cash flow | −1.1 | −0.2 | −0.3 | −0 | 0.8 |
| Financing cash flow | −0.5 | 0.6 | 0.2 | 8.6 | 2.1 |
| Capital expenditure | 1.1 | 0.2 | 0.3 | 0 | 0 |
| Free cash flow (CFO − capex) | 0.7 | −0.6 | −0.1 | −8.7 | −2.8 |
Net profit trend
annual, ₹ croreFY21
₹−7.3
FY22
₹−13.2−80%
FY23
₹−2.3+83%
FY24
₹−1.9+15%
FY25
₹0.1+107%
FY26
₹0.1+3%
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 | 25 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 6 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 6 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 28 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 12 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 12 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 13 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 30 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 387.1×251.8×
P/B5Y avg 1.18×1.06×
ROEFY26, on average equity0.3%
Net margin0.3%
Debt / equity1.09×
Revenue CAGR (3Y)-10.7%
Profit CAGR (3Y)–
EPS (TTM)₹0.07
Market cap₹45 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.06×
vs 8-point avg 1.18× (−10%)
0.70× low1.18× avg1.64× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹133 Cr+1%
Net worth₹42 Cr+0%
Total borrowings₹46 Cr+13%
Cash & bank balances₹0 Cr+173%
Investments₹11 Cr+0%
Inventories₹13 Cr+6%
Trade receivables₹29 Cr−6%
Trade payables₹12 Cr−7%
Change vs the same date a year earlier.