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 | 305 | 345 | 338 | 293 | 272 | 319 | 296 | 266 | 250 | 279 | 268 | 220 | 190 |
| Other income | 3.1 | 8.6 | 4.1 | 3.4 | 15.1 | 4.8 | 3 | 5 | 6.9 | 10.7 | 5.4 | 3.3 | 1.9 |
| Total expenses | 276 | 309 | 286 | 258 | 261 | 282 | 276 | 258 | 253 | 283 | 279 | 312 | 276 |
| EBITDA | 98.2 | 112 | 122 | 107 | 90.5 | 122 | 110 | 92.2 | 82.1 | 85.4 | 85 | 50.8 | 45.3 |
| EBITDA margin | 32.2% | 32.4% | 36.2% | 36.6% | 33.2% | 38.1% | 37.3% | 34.7% | 32.8% | 30.6% | 31.7% | 23.1% | 23.8% |
| Finance costs | 37.7 | 37.3 | 40.3 | 42.7 | 50.6 | 55.3 | 61.7 | 56.2 | 55.6 | 57.7 | 65.1 | 115 | 108 |
| Depreciation | 30.9 | 38.2 | 29.8 | 29.6 | 29.1 | 29 | 29.1 | 28.8 | 29.9 | 31.5 | 31.2 | 27.9 | 23 |
| Profit before tax | 32.7 | 69.2 | 55.1 | 122 | 25.9 | 22.6 | 22.4 | 12.2 | 3.5 | 10.6 | −82.8 | −88.4 | −83.5 |
| Tax | 7.8 | −330 | 6.9 | 19.9 | 3.9 | −23.3 | −0.4 | −0.4 | −0.8 | −0.7 | −8.4 | −0.4 | 0 |
| Net profit | 24.9 | 399 | 48.1 | 99.8 | 19.2 | 45.9 | 22.8 | 12.6 | 4.2 | 11.3 | −74.4 | −88 | −83.5 |
| Net margin | 8.2% | 115.8% | 14.3% | 34.1% | 7.1% | 14.4% | 7.7% | 4.8% | 1.7% | 4.0% | -27.8% | -40.0% | -43.8% |
| EPS (₹) | 1.12 | 18.04 | 2.18 | 4.63 | 1.00 | 2.08 | 1.04 | 0.57 | 0.19 | 0.52 | -3.41 | -7.46 | -9.78 |
| Net profit YoY | +29.7% | +770.8% | +111.3% | +691.1% | +353.8% | +306.1% | +130.6% | +114.3% | +105.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 1,248 | 1,130 | 957 |
| Other income | 31.2 | 19.7 | 21.3 |
| Total expenses | 1,114 | 1,070 | 1,150 |
| EBITDA | 431 | 406 | 267 |
| EBITDA margin | 34.6% | 35.9% | 27.8% |
| Finance costs | 171 | 229 | 345 |
| Depreciation | 127 | 117 | 114 |
| Profit before tax | 273 | 60.7 | −244 |
| Tax | −299 | −24.8 | −9.5 |
| Net profit | 567 | 85.5 | −235 |
| Net margin | 45.4% | 7.6% | -24.5% |
| EPS (₹) | 25.85 | 3.88 | -14.67 |
| Net profit YoY | +562.6% | +136.4% | – |
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 | 407 | 357 | 275 |
| Investing cash flow | −200 | −244 | −48.6 |
| Financing cash flow | −112 | −182 | −212 |
| Capital expenditure | 336 | 137 | 37.9 |
| Free cash flow (CFO − capex) | 71 | 220 | 237 |
Net profit trend
annual, ₹ croreFY24
₹−235
FY25
₹85.5+136%
FY26
₹567+563%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 3 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 3 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 21 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 21 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 28 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 28 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 28 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 28 Oct 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)6.2×
P/B1.62×
ROEFY26, on average equity34.1%
Net margin45.4%
Debt / equity0.78×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹25.76
Market cap₹3,536 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹4,454 Cr+21%
Net worth₹2,182 Cr+91%
Total borrowings₹1,708 Cr−20%
Cash & bank balances₹159 Cr+151%
Investments₹0 Cr
Inventories₹4 Cr−1%
Trade receivables₹68 Cr+1%
Trade payables₹98 Cr+2%
Change vs the same date a year earlier.