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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	91.5	123	80	85.6	69.6	80.3	64.1	51.3	47	73.5	56.6	53.1	53.8	77	59.2	60.8	62.4	68.1	58.7	45.8	26.4	54.6	45.4	14.7	9	49	44.8	48	41.3	55.2	42.6	47.3	47.4	60.3
Other income	13.6	1.6	5	1.9	9	10.8	7.9	2.4	3.2	5	2.5	3.3	2.6	1.8	1.9	1.3	0.3	0.6	0.1	0	0.3	9.5	0.3	0.1	0.2	4.8	1.7	1.8	1.8	0.1	1.9	1.7	4.7	4
Total expenses	88.7	112	75.2	73.1	62.3	70	53.8	50.3	39.3	57.4	44.4	45.7	47.1	65.8	53.1	52.2	49.8	46.2	50.6	40.4	25.9	40.8	35.4	15.9	9.5	40.3	35.4	40.5	38.9	52.4	40	41.1	42.2	57.5
EBITDA	25.5	34	14.3	16.1	10.9	13.9	13.9	4.9	12.7	18.6	15.5	11.3	10	14.2	9.5	11.8	15.8	27	12.8	10.1	4.7	19	14	2.3	3	13.4	10.2	13.2	8.3	8.8	8.6	11.7	10.7	10.6
EBITDA margin	27.9%	27.6%	17.9%	18.8%	15.7%	17.3%	21.7%	9.6%	27.1%	25.3%	27.4%	21.2%	18.6%	18.5%	16.1%	19.4%	25.3%	39.7%	21.9%	22.1%	17.8%	34.8%	30.9%	15.7%	33.5%	27.3%	22.7%	27.6%	20.0%	15.9%	20.1%	24.7%	22.7%	17.6%
Finance costs	9.9	9	4.7	0.8	0.9	0.9	1.1	1	1.7	0.8	1.1	1.6	1.1	0.9	1.3	1	1	2.7	2.5	2.3	2.2	2.9	1.8	1.6	1.6	1.4	−2.2	2.9	3	2.6	2.4	2.1	2.2	2.8
Depreciation	12.9	14.1	4.9	2.8	2.7	2.7	2.4	2.9	3.3	1.8	2.3	2.2	2.2	2.2	2.1	2.2	2.2	2.4	2.2	2.4	2	2.3	2.3	1.9	1.9	3.2	3	2.9	2.9	3.4	3.5	3.4	3.4	5.1
Profit before tax	16.3	12.6	9.8	14.4	16.3	21.1	18.2	3.5	10.9	21	14.6	10.7	9.3	13	8	9.9	12.8	22.5	8.1	5.4	0.8	23.3	10.3	−1.1	−0.3	13.5	11	9.2	4.1	2.8	4.6	8	9.8	6.7
Tax	4.5	1.5	0.3	3.4	4.2	5.1	3.5	0.7	2.1	4.8	3.5	0.8	1.9	1.9	1.2	2.3	3.1	2.7	1.5	1.4	0.2	3.5	2.7	0	0.1	4.5	2.4	2.2	1	1.8	0.9	2.7	2.1	−7.1
Net profit	11.8	11.1	9.5	11	12.1	16	14.7	2.8	8.8	16.2	11.1	10	7.3	11.1	6.8	7.6	9.7	19.8	6.6	4.1	0.6	19.8	7.6	−1.1	−0.4	9.1	8.6	7	3.1	1	3.7	5.3	7.8	13.9
Net margin	12.9%	9.0%	11.8%	12.8%	17.3%	19.9%	22.9%	5.5%	18.7%	22.0%	19.6%	18.8%	13.6%	14.4%	11.5%	12.5%	15.6%	29.1%	11.2%	8.9%	2.3%	36.3%	16.7%	-7.4%	-4.9%	18.5%	19.2%	14.5%	7.5%	1.9%	8.7%	11.1%	16.4%	23.0%
EPS (₹)	3.54	3.31	2.83	3.29	3.61	4.79	4.40	0.84	2.63	4.82	3.32	2.98	2.20	3.31	2.03	2.28	5.82	11.84	3.93	2.43	0.36	11.85	4.52	-0.65	-0.26	5.42	5.14	4.16	1.84	0.62	2.23	3.15	4.65	8.31
Net profit YoY	−1.9%	−30.9%	−35.6%	+293.2%	+37.0%	−1.2%	+32.6%	−72.0%	+19.9%	+46.4%	+63.0%	+30.8%	−24.5%	−44.1%	+3.5%	+87.7%	+1496.8%	−0.1%	−13.1%	+472.5%	+239.6%	+118.5%	−11.9%	−115.7%	−114.2%	+773.7%	+130.8%	+32.1%	−60.4%	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY17
Revenue from operations	359	243	237	260	199	123	183	193	53.2
Other income	17.6	24.4	13.3	5	0.9	10.2	9.9	8.1	5.8
Total expenses	323	213	195	221	163	101	155	176	44.7
EBITDA	75.4	45.4	55.4	51.6	54.7	38.3	45	40	14.3
EBITDA margin	21.0%	18.7%	23.4%	19.9%	27.5%	31.1%	24.6%	20.8%	26.9%
Finance costs	15.4	4.7	4.6	4.1	9.7	7.9	5.1	9.3	3.3
Depreciation	24.5	11.3	8.4	8.7	9.1	8.4	12	13.6	2.6
Profit before tax	53	53.8	55.7	43.7	36.9	32.2	37.9	25.3	14.3
Tax	9.5	11.5	11.1	8.5	5.8	6.4	10.2	7.4	−0.6
Net profit	43.6	42.3	44.5	35.2	31	25.8	27.7	17.8	14.9
Net margin	12.2%	17.4%	18.8%	13.6%	15.6%	21.0%	15.1%	9.2%	28.1%
EPS (₹)	13.03	12.65	13.32	10.53	18.57	15.46	16.56	10.65	8.92
Net profit YoY	+3.0%	−5.0%	+26.4%	+13.5%	+20.1%	−6.7%	+55.6%	–	–

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	62.8	−37	50	125	95
Investing cash flow	−112	−81.6	−77.5	0.5	23.8
Financing cash flow	52.5	105	−34.9	−47.8	−131
Capital expenditure	112	21.5	27.2	7.2	10.9
Free cash flow (CFO − capex)	−48.8	−58.5	22.8	118	84.1

Net profit trend

annual, ₹ crore

FY21

₹25.8

FY22

₹31+20%

FY23

₹35.2+13%

FY24

₹44.5+26%

FY25

₹42.3−5%

FY26

₹43.6+3%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	12 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	12 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	28 May 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	28 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q3 FY26	Standalone	13 Feb 2026	PDF XBRL
Q2 FY26	Standalone	13 Nov 2025	PDF on NSE XBRL
Q1 FY26	Standalone	14 Aug 2025	PDF on NSE XBRL
Q4 FY25	Standalone · audited	27 May 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY266.91 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 14.6×37.9×

P/B5Y avg 1.23×2.44×

ROEFY26, on average equity6.6%

Net margin12.2%

Debt / equity0.55×

Revenue CAGR (3Y)11.4%

Profit CAGR (3Y)7.4%

EPS (TTM)₹12.96

Market cap₹1,645 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

2.44×

vs 8-point avg 1.23× (+98%)

0.90× low1.23× avg2.44× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹1,216 Cr+17%

Net worth₹674 Cr+6%

Total borrowings₹373 Cr+14%

Cash & bank balances₹9 Cr+78%

Investments₹115 Cr−1%

Inventories₹86 Cr+5%

Trade receivables₹43 Cr+58%

Trade payables₹39 Cr+25%

Change vs the same date a year earlier.

Revenue mix FY26

Textile81.5%result ₹27.3 Cr

Real Estate and Related18.5%result ₹34.6 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90
FII	0.02	0.00	0.00	0.00	0.01	0.02	0.05	0.02	0.00	0.03	0.00	0.00
DII	0.10	0.00	0.00	–	–	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retail	18.01	18.50	18.70	18.66	18.76	18.78	18.70	18.72	18.76	18.78	18.86	18.84
Other public	6.97	6.60	6.40	6.44	6.33	6.30	6.35	6.36	6.34	6.29	6.24	6.26

10,544 shareholders · NSE shareholding pattern filings.