Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY22
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 75.6 | 81.3 | 72.7 | 64.8 | 65.9 | 83.1 | 72.7 | 84.6 | 57.6 | 81.9 | 56.6 | 81.4 | 54.5 | 72 | 57.2 | 56.1 | 40.5 | 49.2 |
| Other income | 1.8 | 0.4 | 0.7 | 1.3 | 2.4 | 0.8 | 0 | 1.9 | 0.9 | 0.7 | 1.7 | 1 | 1.1 | 0.6 | 2.5 | 1.2 | 0.1 | 1.6 |
| Total expenses | 65 | 73.3 | 64 | 58 | 57.4 | 68.2 | 67.5 | 70.7 | 50.7 | 65.7 | 49.8 | 65.1 | 45.5 | 57.1 | 47.3 | 47.6 | 32.7 | 41 |
| EBITDA | 15.2 | 12.8 | 13.6 | 11.7 | 13.6 | 20.7 | 11.2 | 19.4 | 12.1 | 21 | 11.4 | 20.6 | 12.6 | 18.5 | 13.2 | 11.5 | 10 | 11.2 |
| EBITDA margin | 20.1% | 15.7% | 18.7% | 18.0% | 20.6% | 24.9% | 15.5% | 22.9% | 20.9% | 25.6% | 20.1% | 25.2% | 23.1% | 25.8% | 23.0% | 20.5% | 24.8% | 22.8% |
| Finance costs | 0.8 | 0.8 | 0.7 | 0.7 | 0.9 | 1.2 | 1 | 1 | 0.9 | 1.2 | 1.1 | 0.9 | 0.9 | 1.1 | 1.1 | 0.9 | 0.5 | 1 |
| Depreciation | 3.8 | 4 | 4.2 | 4.1 | 4.2 | 4.6 | 5 | 4.6 | 4.3 | 3.6 | 3.4 | 3.3 | 2.7 | 2.6 | 2.2 | 2.1 | 1.8 | 1.9 |
| Profit before tax | 12.4 | 8.4 | 9.4 | 8.1 | 10.8 | 15.7 | 5.2 | 15.8 | 7.8 | 16.9 | 8.6 | 17.3 | 10.1 | 15.4 | 12.4 | 9.8 | 7.8 | 9.9 |
| Tax | 3.2 | 2.7 | 2.6 | 2.1 | 4.5 | 3.1 | 1.2 | 4.3 | 2.2 | 4.2 | 2.2 | 4.6 | 2.6 | 4.4 | 3.2 | 2.6 | 2.2 | 2.9 |
| Net profit | 9.2 | 5.7 | 6.8 | 6 | 6.3 | 12.6 | 4 | 11.5 | 5.6 | 12.8 | 6.3 | 12.8 | 7.5 | 11 | 9.3 | 7.2 | 5.7 | 7 |
| Net margin | 12.2% | 7.0% | 9.3% | 9.2% | 9.6% | 15.1% | 5.5% | 13.6% | 9.8% | 15.6% | 11.2% | 15.7% | 13.8% | 15.3% | 16.2% | 12.8% | 14.0% | 14.2% |
| EPS (₹) | 0.49 | 0.30 | 0.25 | 0.32 | 0.33 | 2.00 | 0.64 | 1.82 | 1.79 | 4.06 | 2.01 | 4.07 | 2.40 | 7.01 | 5.90 | 4.58 | 3.60 | 4.51 |
| Net profit YoY | +46.8% | −54.5% | +69.1% | −48.0% | +12.0% | −1.5% | −36.6% | −10.4% | −25.4% | +15.9% | −31.7% | +78.0% | +33.2% | +57.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 285 | 298 | 274 | 226 | 176 |
| Other income | 4.8 | 3.6 | 4.5 | 4.4 | 4.3 |
| Total expenses | 253 | 257 | 226 | 185 | 139 |
| EBITDA | 51.6 | 63.4 | 65.5 | 53.3 | 44.7 |
| EBITDA margin | 18.1% | 21.3% | 23.9% | 23.6% | 25.5% |
| Finance costs | 3.1 | 4.1 | 4.2 | 3.5 | 1.5 |
| Depreciation | 16.5 | 18.5 | 12.9 | 8.7 | 6.4 |
| Profit before tax | 36.8 | 44.4 | 52.9 | 45.5 | 41.1 |
| Tax | 12 | 10.7 | 13.5 | 12.4 | 10.9 |
| Net profit | 24.8 | 33.7 | 39.4 | 33.1 | 30.2 |
| Net margin | 8.7% | 11.3% | 14.4% | 14.7% | 17.2% |
| EPS (₹) | 1.31 | 5.36 | 12.55 | 21.09 | 19.57 |
| Net profit YoY | −26.5% | −14.6% | +19.0% | +9.5% | – |
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 | 36.8 | 36.2 | 38.6 | 29.7 | 9.3 |
| Investing cash flow | −22 | −20 | −25.1 | −39.1 | −18 |
| Financing cash flow | −21.6 | −18.3 | −14.9 | 13.6 | 2.2 |
| Capital expenditure | 22.4 | 21.3 | 26.4 | 39.5 | 19.5 |
| Free cash flow (CFO − capex) | 14.4 | 14.9 | 12.2 | −9.8 | −10.3 |
Net profit trend
annual, ₹ croreFY22
₹30.2
FY23
₹33.1+10%
FY24
₹39.4+19%
FY25
₹33.7−15%
FY26
₹24.8−26%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 8 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 8 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 27 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 10 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 14 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 32.6×42.7×
P/B5Y avg 5.86×4.93×
ROEFY26, on average equity10.7%
Net margin8.7%
Debt / equity0.08×
Revenue CAGR (3Y)8.0%
Profit CAGR (3Y)-9.2%
EPS (TTM)₹1.47
Market cap₹1,183 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
4.93×
vs 8-point avg 5.86× (−16%)
3.77× low5.86× avg8.68× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹346 Cr+8%
Net worth₹240 Cr+9%
Total borrowings₹20 Cr−34%
Cash & bank balances₹17 Cr−30%
Investments₹0 Cr
Inventories₹71 Cr+27%
Trade receivables₹75 Cr+3%
Trade payables₹25 Cr+25%
Change vs the same date a year earlier.