Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 48 | 2.4 | 4.1 | 56.5 | 95.4 | 60.4 | 0.9 | 0.4 | 12.4 | 60.1 | 12.4 | 4.5 | 0.7 | 31.7 | 12.6 | 15.1 |
| Other income | 0.3 | 0.3 | 0.5 | 0.2 | 0.2 | 0.2 | 0.7 | 0.3 | 0.3 | 0.7 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 |
| Total expenses | 77.7 | 6.2 | 7.4 | 72.6 | 89.2 | 93.3 | 3.5 | 4.2 | 19.5 | 56.8 | 13.3 | 5.9 | 2.8 | 30.6 | 2.6 | 4.1 |
| EBITDA | −29.5 | −3.7 | −3.2 | −15.9 | 7.1 | −32.1 | −2.4 | −3 | −6.7 | 3.7 | −0.6 | −1.1 | −1.8 | 2 | 10.5 | 11.5 |
| EBITDA margin | -61.5% | -156.3% | -77.8% | -28.1% | 7.4% | -53.1% | -275.9% | -727.4% | -54.2% | 6.1% | -5.0% | -25.6% | -272.2% | 6.2% | 83.9% | 76.3% |
| Finance costs | 0 | 0 | 0 | 0 | 0.8 | 0.7 | 0 | 0.7 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.7 | 0.5 | 0.4 |
| Depreciation | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 |
| Profit before tax | −29.4 | −3.5 | −2.9 | −15.8 | 6.3 | −32.7 | −2 | −3.5 | −6.8 | 4 | −0.6 | −1.1 | −1.8 | 1.5 | 10.2 | 11.3 |
| Tax | 0 | −0.1 | 0 | −1.6 | 1.6 | −0 | 0.5 | 0 | 0 | −0.6 | 0 | 0 | 0 | −1.2 | 3 | 3.3 |
| Net profit | −29.4 | −3.5 | −2.9 | −14.3 | 4.7 | −32.7 | −2.4 | −3.5 | −6.8 | 4.6 | −0.6 | −1.1 | −1.8 | 2.7 | 7.2 | 8 |
| Net margin | -61.3% | -147.4% | -70.6% | -25.2% | 5.0% | -54.2% | -276.0% | -858.9% | -54.6% | 7.7% | -4.9% | -24.9% | -278.8% | 8.6% | 57.7% | 53.2% |
| EPS (₹) | -68.04 | -8.03 | -6.64 | -32.97 | 10.97 | -75.67 | -5.62 | -8.09 | -15.65 | 10.73 | -1.41 | -2.57 | -4.23 | 6.28 | 16.76 | 18.62 |
| Net profit YoY | −720.0% | +89.4% | −18.0% | −307.5% | +170.1% | −805.4% | −299.9% | −214.8% | −269.6% | +70.7% | −108.4% | −113.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 158 | 74 | 77.6 | 61.4 |
| Other income | 1.3 | 1.5 | 1.6 | 10.1 |
| Total expenses | 175 | 121 | 78.7 | 39.5 |
| EBITDA | −15.6 | −44.2 | 0.1 | 24.1 |
| EBITDA margin | -9.9% | -59.7% | 0.2% | 39.1% |
| Finance costs | 0.8 | 1.5 | 0.5 | 1.6 |
| Depreciation | 0.8 | 0.8 | 0.8 | 0.5 |
| Profit before tax | −15.9 | −44.9 | 0.5 | 32.1 |
| Tax | −0.1 | 0.5 | −0.6 | 7.7 |
| Net profit | −15.8 | −45.4 | 1.1 | 24.3 |
| Net margin | -10.0% | -61.3% | 1.4% | 39.6% |
| EPS (₹) | -36.66 | -105.02 | 2.52 | 56.29 |
| Net profit YoY | +65.1% | −4271.7% | −95.5% | – |
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 | −12.7 | −179 | 22.8 | −26.7 |
| Investing cash flow | 2.1 | 2.2 | −0.4 | 9.1 |
| Financing cash flow | −2.5 | 189 | −20.2 | 16 |
| Capital expenditure | 0.1 | 0.1 | 2.1 | 0.1 |
| Free cash flow (CFO − capex) | −12.8 | −179 | 20.7 | −26.8 |
Net profit trend
annual, ₹ croreFY23
₹24.3
FY24
₹1.1−96%
FY25
₹−45.4−4272%
FY26
₹−15.8+65%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 8 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 27 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 7 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 12 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 6 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 21 Oct 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 25 Jul 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 1 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 13.8×-0.3×
P/B5Y avg 0.36×0.49×
ROEFY26, on average equity-42.1%
Net margin-10.0%
Debt / equity6.30×
Revenue CAGR (3Y)37.1%
Profit CAGR (3Y)–
EPS (TTM)₹-1156.72
Market cap₹15 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.49×
vs 7-point avg 0.36× (+38%)
0.20× low0.36× avg0.51× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹242 Cr−11%
Net worth₹30 Cr−34%
Total borrowings₹188 Cr−1%
Cash & bank balances₹4 Cr−77%
Investments₹0 Cr
Inventories₹0 Cr
Trade receivables₹5 Cr+426%
Trade payables₹5 Cr−78%
Change vs the same date a year earlier.