Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 103 | 113 | 91.8 | 104 | 101 | 114 | 97.5 | 111 | 114 | 100 | 115 | 106 | 124 | 123 | 116 | 134 | 119 | 113 | 93.2 | 76.8 | 47.6 | 86.7 | 65.8 | 54.5 | 26.3 | 89.2 | 88.6 | 74.1 | 89.1 | 87 | 99 | 97.2 | 94.6 | 94 |
| Other income | 13.9 | −5.6 | 11.8 | 5.5 | 11.9 | 1.1 | 4.5 | 10.1 | 8.2 | 10.6 | 8.8 | 8.5 | 4 | 11.5 | 3.5 | 3.2 | 3.5 | 8.3 | 2.9 | 3.8 | 3 | 0.9 | 2.4 | 1.4 | 4.8 | 1.5 | 1.7 | 2.1 | 1.6 | 3.5 | 2 | 1.1 | 0.6 | 1.4 |
| Total expenses | 103 | 111 | 93 | 99.1 | 96.7 | 106 | 91.3 | 103 | 106 | 96.7 | 103 | 92 | 102 | 110 | 91.9 | 112 | 105 | 104 | 84.7 | 71.1 | 44.3 | 76.8 | 57 | 53.4 | 30.8 | 79.3 | 78.7 | 64.2 | 76.5 | 76.5 | 88 | 85.9 | 83.1 | 76.4 |
| EBITDA | 2.8 | 4.4 | 0.6 | 7.1 | 6.3 | 10.2 | 7.8 | 9 | 9.8 | 5.5 | 13.8 | 15.3 | 22.5 | 14.6 | 25.2 | 24 | 15.9 | 10 | 10 | 7.2 | 4.7 | 11.4 | 10.3 | 2.6 | −3 | 11.5 | 11.3 | 11.3 | 14 | 12 | 12.1 | 12.5 | 12.7 | 19 |
| EBITDA margin | 2.7% | 3.9% | 0.7% | 6.8% | 6.2% | 8.9% | 8.0% | 8.1% | 8.6% | 5.4% | 12.0% | 14.5% | 18.2% | 11.8% | 21.8% | 17.9% | 13.3% | 8.9% | 10.8% | 9.4% | 9.9% | 13.1% | 15.6% | 4.7% | -11.4% | 12.9% | 12.7% | 15.3% | 15.7% | 13.8% | 12.3% | 12.8% | 13.5% | 20.2% |
| Finance costs | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.3 |
| Depreciation | 1.7 | 2.2 | 1.6 | 1.6 | 1.6 | 2.3 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.3 | 1.4 | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.3 | 1.3 | 1.4 | 1.3 | 1.3 | 1.3 | 1.4 | 1.2 | 1.2 | 1.2 | 1.3 | 1 | 1 | 1 | 1.1 |
| Profit before tax | 14.8 | −3.5 | 10.6 | 10.8 | 16.3 | 8.9 | 10.6 | 17.5 | 16.5 | 14.3 | 19.3 | 22.2 | 25.1 | 21.5 | 18.1 | 25.8 | 18 | 16.9 | 11.4 | 9.6 | 6.3 | 10.8 | 11.2 | 2.6 | 0.3 | 11.4 | 11.5 | 12 | 14.2 | 14 | 13 | 12.4 | 12.1 | 19 |
| Tax | 3.8 | −2.2 | 2.4 | −2.2 | 3.5 | 3.8 | 2.9 | 3 | 2.6 | −0 | 4.5 | 7 | 5.4 | 5 | 5.4 | 4.6 | 2.7 | −0.9 | 4.2 | 2.8 | 1.5 | 3 | 3.4 | 1 | 0 | 3.6 | 2.6 | 5.3 | 0.4 | −12.8 | 4.4 | 4.2 | 2.5 | 5 |
| Net profit | 11 | −1.3 | 8.2 | 13 | 12.8 | 5 | 7.7 | 14.5 | 13.9 | 14.3 | 14.8 | 15.2 | 19.7 | 16.5 | 12.7 | 21.2 | 15.3 | 17.8 | 7.2 | 6.8 | 4.8 | 7.8 | 7.8 | 1.6 | 0.3 | 7.8 | 8.9 | 6.7 | 13.8 | 26.8 | 8.6 | 8.2 | 9.6 | 14 |
| Net margin | 10.6% | -1.1% | 8.9% | 12.5% | 12.7% | 4.4% | 7.9% | 13.1% | 12.2% | 14.3% | 12.9% | 14.4% | 16.0% | 13.3% | 11.0% | 15.8% | 12.8% | 15.8% | 7.7% | 8.9% | 10.1% | 9.0% | 11.9% | 2.9% | 1.0% | 8.7% | 10.0% | 9.1% | 15.5% | 30.8% | 8.7% | 8.4% | 10.2% | 14.9% |
| EPS (₹) | 7.05 | -0.83 | 5.26 | 8.34 | 8.21 | 3.21 | 4.94 | 9.30 | 8.91 | 9.17 | 9.46 | 9.73 | 12.64 | 10.54 | 8.16 | 13.58 | 9.79 | 11.41 | 4.61 | 4.37 | 3.08 | 5.01 | 5.02 | 1.02 | 0.17 | 5.00 | 5.70 | 4.32 | 8.86 | 17.18 | 5.49 | 5.23 | 6.18 | 8.98 |
| Net profit YoY | −14.1% | −125.8% | +6.6% | −10.3% | −7.9% | −65.0% | −47.8% | −4.5% | −29.5% | −13.0% | +15.9% | −28.3% | +29.2% | −7.6% | +76.9% | +210.7% | +217.5% | +127.9% | −8.1% | +328.2% | +1697.7% | +0.2% | −11.9% | −76.4% | −98.1% | −70.9% | +3.8% | −17.4% | +43.5% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 410 | 436 | 444 | 493 | 331 | 233 | 341 | 378 | 92 |
| Other income | 23.6 | 23.9 | 31.9 | 21.7 | 18 | 9.5 | 6.9 | 7.3 | 0.6 |
| Total expenses | 399 | 407 | 394 | 419 | 304 | 218 | 299 | 333 | 73.8 |
| EBITDA | 18.5 | 36.9 | 57.1 | 79.7 | 32 | 21.2 | 48.1 | 49.3 | 19.4 |
| EBITDA margin | 4.5% | 8.4% | 12.8% | 16.2% | 9.7% | 9.1% | 14.1% | 13.0% | 21.1% |
| Finance costs | 0.9 | 1 | 0.8 | 0.6 | 0.5 | 0.6 | 0.6 | 0.7 | 0.4 |
| Depreciation | 7 | 6.4 | 5.4 | 5.3 | 5.4 | 5.2 | 5.2 | 4.4 | 0.8 |
| Profit before tax | 34.2 | 53.4 | 80.9 | 83.3 | 44.2 | 24.9 | 49.1 | 51.5 | 18.7 |
| Tax | 1.5 | 12.3 | 16.9 | 17.7 | 7.5 | 7.4 | 11.9 | −1.7 | 0.2 |
| Net profit | 32.8 | 41.1 | 64 | 65.7 | 36.6 | 17.5 | 37.3 | 53.2 | 18.6 |
| Net margin | 8.0% | 9.4% | 14.4% | 13.3% | 11.1% | 7.5% | 10.9% | 14.1% | 20.2% |
| EPS (₹) | 20.98 | 26.36 | 41.01 | 42.08 | 23.48 | 11.22 | 23.88 | 34.08 | 11.91 |
| Net profit YoY | −20.4% | −35.7% | −2.5% | +79.2% | +109.2% | −53.0% | −29.9% | – | – |
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 | 29.1 | 14.8 | 25.8 | 46.8 | 18.7 |
| Investing cash flow | −35.6 | 4.5 | −9.5 | −41.1 | −13.5 |
| Financing cash flow | −6.8 | −7.5 | −9 | −6.5 | −4.9 |
| Capital expenditure | 8.7 | 3.8 | 11.2 | 4.7 | 2.3 |
| Free cash flow (CFO − capex) | 20.4 | 11.1 | 14.6 | 42 | 16.3 |
Net profit trend
annual, ₹ croreFY21
₹17.5
FY22
₹36.6+109%
FY23
₹65.7+79%
FY24
₹64−3%
FY25
₹41.1−36%
FY26
₹32.8−20%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 12 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 25 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 29 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 13 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 15 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 14 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 25 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 5.1×7.8×
P/B5Y avg 0.44×0.34×
ROEFY26, on average equity4.7%
Net margin8.0%
Debt / equity0.00×
Revenue CAGR (3Y)-5.9%
Profit CAGR (3Y)-20.7%
EPS (TTM)₹19.83
Market cap₹242 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.34×
vs 8-point avg 0.44× (−23%)
0.27× low0.44× avg0.56× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹838 Cr+2%
Net worth₹708 Cr+4%
Total borrowings₹0 Cr
Cash & bank balances₹9 Cr−59%
Investments₹247 Cr+21%
Inventories₹117 Cr−14%
Trade receivables₹7 Cr+16%
Trade payables₹20 Cr−6%
Change vs the same date a year earlier.