Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 23.8 | −5.6 | 27.2 | 28.7 | 13.7 | 0.6 | 22.4 | 24.7 | 7.2 | 5.6 | 21.2 | 20.8 | 3.4 | 20.1 | 4.8 | 20.2 | 17.4 | 5.6 | 22.8 | 3.3 | 3 | 14.2 | 6.4 | 4.9 | 18.4 | 0 |
| Other income | 0 | 0.2 | 0.2 | 0.3 | 0 | 0.4 | 0.2 | 0.7 | 0.3 | 0.8 | 0.4 | 1 | 1.2 | 0.1 | 0.3 | 5.2 | 0.5 | 0 | 0.3 | 0.3 | 0.3 | 4.4 | 0.3 | 0.3 | 0.3 | 0 |
| Total expenses | 2.9 | 4 | 3.1 | 3.2 | 3.2 | 3.2 | 5 | 3.5 | 2.8 | 3.9 | 4.3 | 2.2 | 2.5 | 3.1 | 3.2 | 3.2 | 4 | 2.4 | 1.5 | 1 | 3.1 | 1.8 | 1.3 | 0.6 | 2.8 | 0 |
| EBITDA | 21.6 | −8.9 | 24.8 | 26.1 | 11.2 | −1.9 | 18 | 21.9 | 5 | 2.2 | 17.3 | 18.9 | 1.8 | 18.4 | 3.1 | 18.3 | 14.6 | 3.9 | 21.3 | 2.4 | 0 | 12.8 | 5.1 | 4.4 | 16 | 0 |
| EBITDA margin | 90.7% | 158.3% | 91.3% | 91.1% | 81.9% | -332.8% | 80.5% | 88.4% | 69.9% | 39.6% | 81.8% | 91.2% | 52.5% | 91.6% | 64.4% | 90.4% | 84.2% | 69.1% | 93.7% | 72.3% | 0.7% | 89.9% | 80.3% | 89.0% | 86.9% | – |
| Finance costs | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 1 | 1.1 | 0.9 | 0.9 | 0.5 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.6 | 0.6 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.3 | 0 | 0 | 0.4 | 0 |
| Profit before tax | 20.8 | −9.4 | 24.4 | 25.7 | 10.5 | −2.2 | 17.6 | 21.9 | 4.6 | 2.6 | 17.2 | 19.5 | 2.1 | 17.1 | 1.9 | 22.2 | 13.9 | 3.2 | 21.5 | 2.5 | 0.1 | 16.9 | 5.3 | 4.6 | 15.8 | 0 |
| Tax | 0.3 | 0 | 4.7 | 5.9 | 2.3 | 0.7 | 3.8 | 5.1 | 1 | 0.6 | 6.1 | 6.2 | 0.5 | 2.7 | 1.2 | 4.6 | 2.1 | 1.2 | 3.8 | 0.7 | 2 | 2.7 | 1.6 | −0 | 0.6 | 0 |
| Net profit | 20.5 | −9.5 | 19.7 | 19.8 | 8.2 | −2.9 | 13.8 | 16.7 | 3.6 | 2 | 11.1 | 13.3 | 1.6 | 14.4 | 0.7 | 17.6 | 11.8 | 2 | 17.7 | 1.9 | −1.9 | 14.2 | 3.7 | 4.6 | 15.2 | 0 |
| Net margin | 86.5% | 167.7% | 72.2% | 69.1% | 59.9% | -496.6% | 61.9% | 67.7% | 50.2% | 36.0% | 52.5% | 64.0% | 48.1% | 71.6% | 14.0% | 87.3% | 68.1% | 35.5% | 77.7% | 57.3% | -63.2% | 99.9% | 58.6% | 93.7% | 82.7% | – |
| EPS (₹) | 19.09 | -8.59 | 18.37 | 18.44 | 7.47 | -2.54 | 13.03 | 15.41 | 3.28 | 1.89 | 10.50 | 12.52 | 1.49 | 13.45 | 0.59 | 16.66 | 11.08 | 1.89 | 16.45 | 1.74 | -1.80 | 13.36 | 3.33 | 4.27 | 14.32 | 0.00 |
| Net profit YoY | +150.8% | −228.5% | +42.1% | +18.3% | +128.1% | −242.6% | +24.3% | +26.1% | +118.9% | −86.0% | +1561.2% | −24.8% | – | +21.5% | −66.2% | −0.2% | +733.2% | −86.0% | +372.7% | −59.0% | −112.3% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 62.8 | 54.8 | 51 | 43.8 | 49 | 28.4 | 38.8 | 178 |
| Other income | 1.8 | 1.5 | 3.3 | 5.9 | 1.1 | 5.1 | 6.8 | 1.1 |
| Total expenses | 13.5 | 14.5 | 12.9 | 12.1 | 9 | 6.7 | 5.5 | 8.7 |
| EBITDA | 52.1 | 42.9 | 40.2 | 37.1 | 42.2 | 22.3 | 33.9 | 174 |
| EBITDA margin | 83.0% | 78.3% | 78.9% | 84.7% | 86.1% | 78.3% | 87.2% | 97.4% |
| Finance costs | 0 | 0 | 0.4 | 3.7 | 1.4 | 0.1 | 0 | 3.7 |
| Depreciation | 2.8 | 2.6 | 1.7 | 1.8 | 0.8 | 0.5 | 0.5 | 0.5 |
| Profit before tax | 51.2 | 41.9 | 41.4 | 37.5 | 41.1 | 26.9 | 40.1 | 171 |
| Tax | 13 | 10.6 | 11.4 | 8.9 | 7.7 | 6.2 | 4.6 | 34.9 |
| Net profit | 38.2 | 31.3 | 30 | 28.6 | 33.4 | 20.6 | 35.6 | 135 |
| Net margin | 60.9% | 57.1% | 58.9% | 65.3% | 68.1% | 72.6% | 91.6% | 75.8% |
| EPS (₹) | 35.69 | 29.19 | 27.76 | 26.50 | 31.16 | 19.15 | 33.22 | 127.70 |
| Net profit YoY | +22.2% | +4.2% | +4.9% | −14.3% | +61.7% | −42.0% | – | – |
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 | 47.8 | 9.9 | 16.1 | 99.9 | 10.1 |
| Investing cash flow | −47.4 | −14.2 | 14.2 | −88 | −63.9 |
| Financing cash flow | −2.7 | −2.7 | −48.5 | −5.9 | 46.4 |
| Capital expenditure | 1.3 | 0.7 | 18.3 | 0 | 0 |
| Free cash flow (CFO − capex) | 46.5 | 9.2 | −2.2 | 99.9 | 10.1 |
Net profit trend
annual, ₹ croreFY21
₹20.6
FY22
₹33.4+62%
FY23
₹28.6−14%
FY24
₹30+5%
FY25
₹31.3+4%
FY26
₹38.2+22%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF XBRL |
| Q1 FY27 | Consolidated | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | 12 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 12 May 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 4 Feb 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 13.5×9.5×
P/B5Y avg 0.19×0.19×
ROEFY26, on average equity1.3%
Net margin60.9%
Debt / equity0.00×
Revenue CAGR (3Y)12.7%
Profit CAGR (3Y)10.1%
EPS (TTM)₹47.63
Market cap₹481 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.19×
vs 10-point avg 0.19× (−1%)
0.16× low0.19× avg0.23× high
History points are balance-sheet dates (2021 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,857 Cr−19%
Net worth₹2,565 Cr−18%
Total borrowings₹0 Cr
Cash & bank balances₹12 Cr−16%
Investments₹2,675 Cr−20%
Inventories₹0 Cr
Trade receivables₹0 Cr
Change vs the same date a year earlier.