Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 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 | Q1 FY23 | Q4 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 891 | 792 | 814 | 742 | 777 | 711 | 757 | 696 | 718 | 632 | 666 | 643 | 654 | 560 | 596 | 546 | 497 | 508 |
| Other income | 5.7 | 5 | 7.1 | 9.2 | 6.8 | 13 | 10.5 | 8.5 | 5.3 | 12.4 | 6 | 7.5 | 7.5 | 11.4 | 6.7 | 5.9 | 9.8 | 7.8 |
| Total expenses | 880 | 800 | 813 | 768 | 785 | 720 | 750 | 699 | 712 | 643 | 658 | 629 | 628 | 560 | 569 | 517 | 478 | 463 |
| EBITDA | 140 | 124 | 134 | 102 | 113 | 106 | 134 | 112 | 124 | 103 | 122 | 115 | 121 | 98.1 | 117 | 110 | 99.8 | 115 |
| EBITDA margin | 15.7% | 15.7% | 16.5% | 13.8% | 14.5% | 14.9% | 17.8% | 16.1% | 17.3% | 16.3% | 18.3% | 17.9% | 18.6% | 17.5% | 19.6% | 20.2% | 20.1% | 22.6% |
| Finance costs | 31.9 | 31.1 | 31.5 | 30.7 | 29.5 | 29.8 | 27.5 | 27.1 | 27.3 | 27.5 | 26.3 | 24.5 | 22.6 | 24.9 | 21.7 | 19.7 | 23.3 | 18.5 |
| Depreciation | 97.4 | 101 | 102 | 97.2 | 92 | 85 | 100 | 88.1 | 90.4 | 87 | 87.4 | 76.8 | 72.7 | 72.4 | 68.1 | 60.9 | 57.6 | 51.3 |
| Profit before tax | 16.2 | −15.5 | −3.4 | −16.6 | −1.8 | 0.6 | 16.8 | −6.1 | 11.8 | 0.8 | 14 | 21.4 | 33.6 | 12.3 | 33.6 | 35.6 | 28.6 | 52.5 |
| Tax | 2.1 | −2.9 | 1.5 | −3.8 | −0.1 | −1.4 | 4.1 | 0.1 | 3.6 | −1.2 | 4.2 | 6.2 | 8.8 | −123 | 0.9 | −2.5 | 2.1 | 1.6 |
| Net profit | 14 | −12.6 | −4.8 | −12.8 | −1.7 | 2 | 12.7 | −6.2 | 8.2 | 2 | 9.8 | 15.2 | 24.9 | 135 | 32.7 | 38.1 | 26.5 | 51 |
| Net margin | 1.6% | -1.6% | -0.6% | -1.7% | -0.2% | 0.3% | 1.7% | -0.9% | 1.1% | 0.3% | 1.5% | 2.4% | 3.8% | 24.2% | 5.5% | 7.0% | 5.3% | 10.0% |
| EPS (₹) | 0.44 | -0.39 | -0.15 | -0.40 | -0.06 | 0.06 | 0.37 | -0.10 | 1.34 | 0.38 | 1.59 | 2.41 | 3.92 | 21.34 | 5.14 | 6.02 | 4.17 | 8.03 |
| Net profit YoY | +906.8% | −723.6% | −137.8% | −105.0% | −121.2% | −0.7% | +29.5% | −141.0% | −67.1% | −98.5% | −69.9% | – | −34.8% | +411.3% | −35.9% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 3,125 | 2,882 | 2,594 | 2,266 | 1,722 |
| Other income | 28 | 37.2 | 33.4 | 31.1 | 38 |
| Total expenses | 3,167 | 2,881 | 2,558 | 2,188 | 1,708 |
| EBITDA | 474 | 477 | 461 | 428 | 305 |
| EBITDA margin | 15.2% | 16.5% | 17.8% | 18.9% | 17.7% |
| Finance costs | 123 | 112 | 101 | 86.9 | 78.1 |
| Depreciation | 392 | 364 | 324 | 264 | 214 |
| Profit before tax | −37.3 | 23.1 | 69.9 | 108 | 51.4 |
| Tax | −5.3 | 6.4 | 18 | −125 | 5.4 |
| Net profit | −32 | 16.7 | 52 | 233 | 46 |
| Net margin | -1.0% | 0.6% | 2.0% | 10.3% | 2.7% |
| EPS (₹) | -0.99 | 0.60 | 8.30 | 36.73 | 7.78 |
| Net profit YoY | −291.3% | −67.8% | −77.7% | +407.1% | – |
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 | 507 | 508 | 449 | 382 | 395 |
| Investing cash flow | −233 | −337 | −187 | −204 | −692 |
| Financing cash flow | −260 | −211 | −212 | −195 | 313 |
| Capital expenditure | 320 | 265 | 385 | 384 | 285 |
| Free cash flow (CFO − capex) | 187 | 243 | 63.6 | −2.3 | 110 |
Net profit trend
annual, ₹ croreFY22
₹46
FY23
₹233+407%
FY24
₹52−78%
FY25
₹16.7−68%
FY26
₹−32−291%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 24 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 24 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 28 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 28 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 6 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 6 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 17 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 17 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 23 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 23 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-443.8×
P/B5.17×
ROEFY26, on average equity-2.3%
Net margin-1.0%
Debt / equity0.00×
Revenue CAGR (3Y)11.3%
Profit CAGR (3Y)–
EPS (TTM)₹-0.50
Market cap₹7,186 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₹3,256 Cr+7%
Net worth₹1,391 Cr−1%
Total borrowings₹6 Cr−72%
Cash & bank balances₹68 Cr+17%
Investments₹3 Cr−98%
Inventories₹112 Cr+17%
Trade receivables₹35 Cr−4%
Trade payables₹284 Cr+17%
Change vs the same date a year earlier.