Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3,168 | 2,964 | 2,536 | 2,164 | 2,059 | 2,218 | 1,782 | 1,810 | 1,808 | 1,754 | 1,634 | 1,610 |
| Other income | 32.9 | 12.9 | 14.2 | 16.9 | 12.4 | 11.9 | 13.4 | 7.2 | 18.5 | 19.3 | 12.2 | 14.8 |
| Total expenses | 2,941 | 2,754 | 2,374 | 2,026 | 1,952 | 2,058 | 1,706 | 1,757 | 1,741 | 1,668 | 1,550 | 1,520 |
| EBITDA | 283 | 262 | 204 | 176 | 142 | 194 | 111 | 85.8 | 94.9 | 115 | 113 | 121 |
| EBITDA margin | 8.9% | 8.8% | 8.1% | 8.1% | 6.9% | 8.8% | 6.2% | 4.7% | 5.3% | 6.6% | 6.9% | 7.5% |
| Finance costs | 26.3 | 25 | 18.9 | 16.2 | 15.1 | 15.5 | 16.2 | 15.6 | 11.6 | 12.8 | 12.4 | 14.2 |
| Depreciation | 29.7 | 26.2 | 23.9 | 21.9 | 20.3 | 19 | 17.8 | 17.5 | 16.2 | 16.3 | 16.5 | 16.6 |
| Profit before tax | 274 | 223 | 157 | 155 | 119 | 173 | 90 | 59.7 | 85.7 | 106 | 95.9 | 105 |
| Tax | 70.8 | 57.4 | 40.5 | 38.6 | 30.3 | 44.1 | 21.9 | 10.1 | 21.8 | 27 | 25 | 31 |
| Net profit | 205 | 168 | 118 | 116 | 89.8 | 129 | 68.6 | 49.5 | 64.4 | 78.7 | 71 | 74.1 |
| Net margin | 6.5% | 5.7% | 4.7% | 5.4% | 4.4% | 5.8% | 3.8% | 2.7% | 3.6% | 4.5% | 4.3% | 4.6% |
| EPS (₹) | 18.14 | 14.85 | 10.46 | 10.28 | 7.94 | 11.43 | 6.07 | 4.39 | 5.71 | 7.03 | 6.35 | 6.66 |
| Net profit YoY | +128.6% | +30.1% | +72.4% | +134.7% | +39.4% | +64.0% | −3.4% | −33.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 9,722 | 7,618 | 6,595 |
| Other income | 56.4 | 51.1 | 62.6 |
| Total expenses | 9,106 | 7,262 | 6,252 |
| EBITDA | 784 | 486 | 462 |
| EBITDA margin | 8.1% | 6.4% | 7.0% |
| Finance costs | 75.3 | 58.9 | 53.9 |
| Depreciation | 92.3 | 70.5 | 65.5 |
| Profit before tax | 654 | 409 | 406 |
| Tax | 167 | 97.8 | 108 |
| Net profit | 492 | 312 | 298 |
| Net margin | 5.1% | 4.1% | 4.5% |
| EPS (₹) | 43.53 | 27.58 | 26.62 |
| Net profit YoY | +58.0% | +4.5% | – |
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 |
|---|---|---|---|
| Operating cash flow | 295 | 494 | 339 |
| Investing cash flow | −263 | −169 | −83.5 |
| Financing cash flow | −162 | −191 | −205 |
| Capital expenditure | 291 | 367 | 190 |
| Free cash flow (CFO − capex) | 4.3 | 127 | 149 |
Net profit trend
annual, ₹ croreFY24
₹298
FY25
₹312+5%
FY26
₹492+58%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 27 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 27 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 30 Apr 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 30 Apr 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 31 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 31 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 31 Oct 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 40.8×47.1×
P/B5Y avg 7.54×11.11×
ROEFY26, on average equity20.8%
Net margin5.1%
Debt / equity0.09×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹53.72
Market cap₹28,596 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
11.11×
vs 6-point avg 7.54× (+47%)
4.98× low7.54× avg11.11× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹4,621 Cr+31%
Net worth₹2,574 Cr+20%
Total borrowings₹232 Cr+5%
Cash & bank balances₹86 Cr−60%
Investments₹227 Cr+4%
Inventories₹1,771 Cr+75%
Trade receivables₹998 Cr+21%
Trade payables₹1,364 Cr+79%
Change vs the same date a year earlier.
Revenue mix FY26
Wires & Cables90.1%result ₹776 Cr
Fast-Moving Electrical Goods9.9%result ₹−33 Cr
Segment revenue as reported, before inter-segment eliminations.