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 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 224 | 641 | 179 | 205 | 242 | 408 | 121 | 141 | 154 | 302 | 221 | 2,061 | 135 | 118 | 176 | 259 | 122 | 205 | 110 |
| Other income | 46.8 | 21.9 | 24.8 | 23.7 | 19.2 | 19.8 | 58.7 | 14.5 | 56.9 | 56.1 | 19.4 | 252 | 22.2 | 53.1 | 46.2 | 17.3 | 22.9 | 31.4 | 20.5 |
| Total expenses | 253 | 575 | 222 | 235 | 245 | 386 | 165 | 172 | 187 | 326 | 232 | 1,946 | 139 | 159 | 196 | 253 | 137 | 169 | 108 |
| EBITDA | −4.9 | 87 | −17 | −5 | 22.4 | 48.8 | −14.8 | −1.3 | −3.4 | 9.5 | 19.3 | 400 | 31.2 | −7.9 | 4.6 | 34 | 12.6 | 63.8 | 32.7 |
| EBITDA margin | -2.2% | 13.6% | -9.5% | -2.5% | 9.2% | 12.0% | -12.2% | -0.9% | -2.2% | 3.2% | 8.7% | 19.4% | 23.1% | -6.7% | 2.6% | 13.2% | 10.3% | 31.1% | 29.8% |
| Finance costs | 21.2 | 18.9 | 23 | 22 | 22.3 | 24.2 | 26.6 | 27 | 26.8 | 31.1 | 27.6 | 263 | 32.9 | 30.8 | 22.7 | 27 | 25.8 | 25.9 | 30.1 |
| Depreciation | 2.6 | 2.6 | 2.6 | 2.5 | 2.3 | 2.4 | 2.7 | 2.7 | 2.7 | 2.5 | 2.2 | 22.5 | 2.1 | 2 | 2 | 1.9 | 1.8 | 1.8 | 1.4 |
| Profit before tax | 18.1 | 87.4 | −17.9 | −5.8 | 17 | 42 | 14.6 | −16.4 | 24.2 | 32.1 | 8.9 | 367 | 18.3 | 12.4 | 26 | 22.4 | 7.8 | 67.5 | 21.7 |
| Tax | 3.2 | −8.7 | −5.7 | −9.7 | 1.3 | 14.9 | 1.2 | −15.4 | 9.9 | −7.8 | −4.7 | 56.5 | 7.7 | −2 | −0.1 | −1.4 | 6.9 | 3.5 | 3.8 |
| Net profit | 11 | 78.5 | −6.9 | 8.6 | 20.6 | 47.7 | 13 | −0.8 | 17.5 | 20.1 | 18.5 | 202 | 16.6 | 15.8 | 22.4 | 19.6 | 10.5 | 64.5 | 13.2 |
| Net margin | 4.9% | 12.3% | -3.8% | 4.2% | 8.5% | 11.7% | 10.7% | -0.6% | 11.3% | 6.7% | 8.4% | 9.8% | 12.3% | 13.4% | 12.7% | 7.6% | 8.6% | 31.4% | 12.1% |
| EPS (₹) | 0.65 | 4.60 | -0.40 | 0.50 | 1.21 | 2.80 | 0.76 | -0.05 | 1.02 | 1.19 | 1.08 | 1.18 | 0.98 | 0.90 | 1.32 | 1.15 | 0.52 | 3.80 | 0.87 |
| Net profit YoY | −46.4% | +64.8% | −153.0% | +1184.8% | +17.9% | +136.9% | −29.8% | −100.4% | +5.0% | +27.2% | −17.4% | +928.8% | +58.8% | −75.5% | +69.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 1,267 | 823 | 865 | 674 | 433 |
| Other income | 89.5 | 150 | 123 | 140 | 84.9 |
| Total expenses | 1,276 | 909 | 891 | 745 | 463 |
| EBITDA | 87.4 | 29.4 | 100 | 43.3 | 96.5 |
| EBITDA margin | 6.9% | 3.6% | 11.6% | 6.4% | 22.3% |
| Finance costs | 86.2 | 105 | 118 | 106 | 120 |
| Depreciation | 10.1 | 10.4 | 9.1 | 7.8 | 6.6 |
| Profit before tax | 80.6 | 64.4 | 95.9 | 68.7 | 54.9 |
| Tax | −22.8 | 10.6 | 1 | 3.3 | 14.6 |
| Net profit | 101 | 77.3 | 75.4 | 68.3 | 17.7 |
| Net margin | 8.0% | 9.4% | 8.7% | 10.1% | 4.1% |
| EPS (₹) | 5.91 | 4.53 | 4.44 | 3.88 | 0.61 |
| Net profit YoY | +30.4% | +2.5% | +10.4% | +285.9% | – |
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 | −15.5 | 154 | 223 | −13.5 | 137 |
| Investing cash flow | 124 | −43.7 | −28.3 | −30.1 | 16.8 |
| Financing cash flow | −123 | −128 | −115 | 10.2 | −100 |
| Capital expenditure | 4.1 | 6 | 9.1 | 5.9 | 0.6 |
| Free cash flow (CFO − capex) | −19.6 | 148 | 214 | −19.4 | 136 |
Net profit trend
annual, ₹ croreFY22
₹17.7
FY23
₹68.3+286%
FY24
₹75.4+10%
FY25
₹77.3+3%
FY26
₹101+30%
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 | 25 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 25 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 14 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 14 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 12 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)13.3×
P/B0.83×
ROEFY26, on average equity7.2%
Net margin8.0%
Debt / equity0.42×
Revenue CAGR (3Y)23.4%
Profit CAGR (3Y)13.9%
EPS (TTM)₹5.35
Market cap₹1,215 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₹3,714 Cr−6%
Net worth₹1,460 Cr+8%
Total borrowings₹610 Cr−6%
Cash & bank balances₹147 Cr−9%
Investments₹52 Cr−72%
Inventories₹2,447 Cr−3%
Trade receivables₹71 Cr−25%
Trade payables₹216 Cr+18%
Change vs the same date a year earlier.