Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,693 | 1,587 | 1,265 | 1,100 | 1,387 | 1,539 | 1,405 | 1,506 | 1,573 | 1,563 | 1,188 | 1,278 | 1,225 | 1,387 | 1,180 | 1,235 | 1,485 |
| Other income | 17.4 | 10.6 | 8.8 | 8.8 | 15.1 | 18.7 | 17.4 | 16.6 | 22.9 | 19 | 15.6 | 15.6 | 17.9 | 21 | 14.2 | 11.7 | 12.1 |
| Total expenses | 1,393 | 1,366 | 1,226 | 1,044 | 1,293 | 1,415 | 1,327 | 1,400 | 1,432 | 1,405 | 1,111 | 1,188 | 1,149 | 1,192 | 1,073 | 1,168 | 1,245 |
| EBITDA | 331 | 253 | 69.3 | 77.5 | 115 | 145 | 99.2 | 125 | 161 | 175 | 94.8 | 106 | 90.5 | 209 | 119 | 78.7 | 252 |
| EBITDA margin | 19.5% | 16.0% | 5.5% | 7.0% | 8.3% | 9.4% | 7.1% | 8.3% | 10.2% | 11.2% | 8.0% | 8.3% | 7.4% | 15.1% | 10.1% | 6.4% | 16.9% |
| Finance costs | 3.4 | 4.1 | 4.1 | 2.9 | 3 | 3 | 3.5 | 2.8 | 3.1 | 1.7 | 3 | 1.9 | 0.6 | 0.8 | 1 | 0.9 | 0.9 |
| Depreciation | 27.7 | 27.6 | 26.9 | 18.4 | 18.2 | 17.5 | 17.1 | 17 | 16.4 | 16 | 15.1 | 14.3 | 14.2 | 13.6 | 11 | 11.5 | 10.5 |
| Profit before tax | 317 | 229 | 39.9 | 65.1 | 109 | 143 | 96.1 | 122 | 164 | 177 | 92.4 | 106 | 93.6 | 216 | 121 | 78 | 252 |
| Tax | 80.5 | 61.2 | 9.8 | 16.9 | 27.6 | 36 | 24.8 | 31.6 | 42.5 | 45.1 | 24.7 | 27.6 | 24.3 | 55.7 | 31.5 | 18.4 | 63.2 |
| Net profit | 236 | 168 | 30.1 | 48.2 | 80.9 | 107 | 71.4 | 90.3 | 122 | 132 | 67.7 | 78.1 | 69.3 | 160 | 89.6 | 59.6 | 189 |
| Net margin | 14.0% | 10.6% | 2.4% | 4.4% | 5.8% | 6.9% | 5.1% | 6.0% | 7.7% | 8.4% | 5.7% | 6.1% | 5.7% | 11.5% | 7.6% | 4.8% | 12.7% |
| EPS (₹) | 12.57 | 8.94 | 1.60 | 2.57 | 4.30 | 5.68 | 3.79 | 4.80 | 6.49 | 6.99 | 3.60 | 4.15 | 3.68 | 8.50 | 9.53 | 6.34 | 20.11 |
| Net profit YoY | +192.1% | +57.2% | −57.7% | −46.6% | −33.6% | −18.7% | +5.4% | +15.7% | +76.1% | −17.7% | −24.5% | +30.9% | −63.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 5,338 | 6,023 | 5,253 | 5,287 |
| Other income | 43.3 | 73.2 | 68.1 | 58.9 |
| Total expenses | 4,929 | 5,571 | 4,853 | 4,679 |
| EBITDA | 515 | 533 | 467 | 658 |
| EBITDA margin | 9.6% | 8.8% | 8.9% | 12.4% |
| Finance costs | 14.1 | 12.4 | 7.2 | 3.6 |
| Depreciation | 91.1 | 67.9 | 59.5 | 46.6 |
| Profit before tax | 443 | 525 | 468 | 667 |
| Tax | 116 | 135 | 122 | 169 |
| Net profit | 327 | 391 | 346 | 498 |
| Net margin | 6.1% | 6.5% | 6.6% | 9.4% |
| EPS (₹) | 17.41 | 20.77 | 18.43 | 26.49 |
| Net profit YoY | −16.2% | +12.7% | −30.4% | – |
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 | FY23 |
|---|---|---|---|---|
| Operating cash flow | 246 | 342 | 557 | 324 |
| Investing cash flow | −190 | −330 | −182 | −149 |
| Financing cash flow | −228 | −212 | −197 | −194 |
| Capital expenditure | 209 | 376 | 313 | 205 |
| Free cash flow (CFO − capex) | 37.6 | −34.7 | 244 | 118 |
Net profit trend
annual, ₹ croreFY23
₹498
FY24
₹346−30%
FY25
₹391+13%
FY26
₹327−16%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 27 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 27 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 24 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 24 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 20 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 20 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 24 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 24 Oct 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 23 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 29 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 30.1×34.3×
P/B5Y avg 5.60×6.98×
ROEFY26, on average equity14.2%
Net margin6.1%
Debt / equity0.00×
Revenue CAGR (3Y)0.3%
Profit CAGR (3Y)-13.1%
EPS (TTM)₹25.67
Market cap₹16,548 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
6.98×
vs 8-point avg 5.60× (+25%)
3.78× low5.60× avg7.76× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹3,467 Cr+1%
Net worth₹2,370 Cr+6%
Total borrowings₹0 Cr−100%
Cash & bank balances₹296 Cr−3%
Investments₹324 Cr−26%
Inventories₹614 Cr−12%
Trade receivables₹504 Cr+28%
Trade payables₹786 Cr−15%
Change vs the same date a year earlier.