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 | Q1 FY23 | Q4 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q4 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1.1 | 0.6 | 0.9 | 1.1 | 1.4 | 1 | 1.9 | 2.1 | 2.2 | 1.9 | 2.2 | 2.1 | 2 | 5.2 | 1.4 | 1.4 | 2.1 | 1.6 | 1.6 | 1.4 | 3.7 | 0.5 | 0.6 | 0.5 | 0 | 0.4 | 0.6 | 0 | 1.3 |
| Other income | 0.1 | 0.8 | −0.6 | 0 | 0 | 0.8 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 12.1 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 1.2 | 7.3 | 0 | 1.4 |
| Total expenses | 4.2 | 14.2 | 1.3 | 1.2 | 1.3 | 5.7 | 1.8 | 1.9 | 1.7 | 2.5 | 2.1 | 1.9 | 2.2 | 10.2 | 6.9 | 40.5 | 3.7 | 7.4 | 13.4 | 8.5 | 12 | 8.8 | 8.5 | 8 | 0 | 9.6 | 11.5 | 0 | 17.5 |
| EBITDA | −2.5 | −11.7 | −0.3 | −0 | 0.3 | −4.5 | 0.2 | 0.4 | 0.7 | −0.4 | 0.2 | 0.4 | −0 | −4.6 | −0.5 | −0.5 | −0.4 | −3.9 | 0.3 | −0 | −0.8 | −0.8 | −0.3 | 0 | 0 | −0.8 | −0.4 | 0 | −1.9 |
| EBITDA margin | -220.1% | -1872.6% | -34.5% | -1.9% | 21.5% | -454.0% | 12.2% | 17.2% | 30.7% | -18.6% | 11.0% | 16.7% | -0.5% | -88.5% | -35.5% | -34.6% | -16.8% | -248.4% | 21.0% | -0.7% | -22.1% | -142.6% | -47.5% | 4.3% | – | -219.4% | -65.0% | – | -142.3% |
| Finance costs | 0.1 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 4.6 | 0.8 | 0.9 | 1.6 | 1.7 | 1.4 | 1.5 | 1.4 | 1.3 | 1.3 | 0 | 1.4 | 3.2 | 0 | 1.9 |
| Depreciation | 0.4 | 1.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 37.8 | 0.4 | 0.4 | 10.4 | 5.7 | 6 | 6.1 | 6.3 | 6.3 | 0 | 7.1 | 7.3 | 0 | 12.5 |
| Profit before tax | −3 | −12.7 | −1.1 | −0.2 | 0.2 | −3.9 | 0.1 | 0.2 | 0.5 | −0.2 | 0.1 | 0.2 | 0.2 | −6.6 | −5.2 | −38.8 | −1.4 | 10.1 | −11.8 | −7.1 | −16.8 | −8.2 | −7.9 | −7.6 | 0 | −8.2 | −3.5 | 0 | −47.7 |
| Tax | −0.8 | −3.7 | −0.1 | −0.1 | 0.1 | 11.6 | 0.9 | 0.9 | 0.9 | 1 | 0.9 | 1 | 1 | −7.4 | 0 | 0 | 0 | 0.8 | 0 | 0 | −0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −10.1 |
| Net profit | −2.1 | −9.1 | −1 | −0.1 | 0.2 | −15.5 | −0.8 | −0.7 | −0.4 | −1.3 | −0.8 | −0.9 | −0.8 | 0.8 | −5.2 | −38.8 | −1.4 | 9.3 | −11.8 | −7.1 | −16.7 | −8.2 | −7.9 | −7.6 | 0 | −8.2 | −3.6 | 0 | −37.6 |
| Net margin | -185.1% | -1449.6% | -113.8% | -9.4% | 11.1% | -1547.0% | -40.4% | -33.4% | -16.1% | -64.4% | -37.9% | -41.6% | -42.6% | 15.0% | -366.0% | -2855.9% | -68.8% | 602.6% | -751.0% | -513.7% | -454.3% | -1520.4% | -1288.5% | -1647.8% | – | -2263.9% | -591.7% | – | -2889.2% |
| EPS (₹) | -0.50 | -1.44 | -0.23 | -0.02 | 0.04 | -3.63 | -0.18 | -0.16 | -0.08 | -0.29 | -0.20 | -21.00 | 0.20 | -2.87 | -1.22 | -9.18 | -0.34 | 2.21 | -2.79 | -1.69 | -3.94 | -1.94 | -1.86 | -1.79 | 0.00 | -1.92 | -0.84 | 0.00 | -3.50 |
| Net profit YoY | −1430.3% | +41.5% | −30.3% | +85.7% | +145.7% | −1137.6% | +8.4% | +19.9% | +57.8% | −260.3% | +83.9% | +97.8% | +42.0% | −91.6% | – | −229.4% | +80.0% | +156.1% | −50.0% | +5.8% | – | −0.7% | −121.4% | – | – | – | – | +100.0% | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4 | 7.1 | 8.2 | 10.1 | 6 | 5.3 | 2.8 | 3.7 | 7 |
| Other income | 0.2 | 0.8 | 0.7 | 1 | 12.4 | 0.3 | 6.8 | 1.1 | 3.5 |
| Total expenses | 18 | 11.1 | 8.7 | 61.2 | 48.7 | 37.2 | 38.2 | 41.9 | 82.8 |
| EBITDA | −11.7 | −3.3 | 0.2 | −5.9 | −19.4 | −1.8 | −2.2 | −0.6 | −17.6 |
| EBITDA margin | -293.7% | -46.1% | 2.8% | -59.1% | -323.3% | -34.7% | -79.0% | -17.2% | -251.7% |
| Finance costs | 0.6 | 0 | 0 | 6.4 | 6.3 | 5.5 | 4.2 | 5.1 | 5.5 |
| Depreciation | 1.8 | 0.7 | 0.8 | 38.8 | 17 | 24.7 | 29.1 | 32.5 | 52.6 |
| Profit before tax | −13.8 | −3.1 | 0.2 | −52.1 | −26.4 | −40.4 | −28.7 | −42.1 | −107 |
| Tax | −3.7 | 14.3 | 3.9 | −7.4 | 0.8 | −0.1 | −0.6 | −0.1 | −10.1 |
| Net profit | −10 | −17.3 | −3.8 | −44.7 | −27.2 | −40.3 | −28.2 | −38 | −97.3 |
| Net margin | -249.8% | -242.3% | -46.3% | -444.4% | -453.6% | -761.6% | -1019.9% | -1039.3% | -1389.3% |
| EPS (₹) | -1.65 | -4.09 | -0.89 | -13.61 | -6.42 | -9.53 | -6.78 | -8.77 | -17.01 |
| Net profit YoY | +42.4% | −357.7% | +91.5% | −64.1% | +32.5% | −43.2% | +26.0% | +60.9% | – |
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 | 6.3 | −0 | −0.8 | 10.5 | 3.1 |
| Investing cash flow | −5.7 | −0.1 | −0 | 16.6 | 16.5 |
| Financing cash flow | −0.6 | 0.1 | −0 | −26.2 | −19.8 |
| Capital expenditure | 5.8 | 0 | 0 | 1.4 | 0.7 |
| Free cash flow (CFO − capex) | 0.5 | −0 | −0.9 | 9.1 | 2.4 |
Net profit trend
annual, ₹ croreFY21
₹−40.3
FY22
₹−27.2+32%
FY23
₹−44.7−64%
FY24
₹−3.8+92%
FY25
₹−17.3−358%
FY26
₹−10+42%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 7 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 7 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 15 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 15 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 16 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 16 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 11 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 11 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF XBRL |
| Q1 FY26 | Consolidated | 16 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-2.1×
P/B5Y avg 0.28×0.14×
ROEFY26, on average equity-5.4%
Net margin-249.8%
Debt / equity0.00×
Revenue CAGR (3Y)-26.5%
Profit CAGR (3Y)–
EPS (TTM)₹-2.90
Market cap₹26 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.14×
vs 8-point avg 0.28× (−50%)
0.14× low0.28× avg0.44× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹191 Cr−3%
Net worth₹181 Cr−5%
Total borrowings₹0 Cr
Cash & bank balances₹0 Cr
Investments₹13 Cr+5%
Inventories₹0 Cr−33%
Trade receivables₹10 Cr−52%
Trade payables₹0 Cr
Change vs the same date a year earlier.