Your investments deserve an analyst, not a dashboard.

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	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 FY18
Revenue from operations	443	680	624	506	371	538	503	501	463	458	432	388	376	370	326	293	259	237	225	206	184	179	174	185	165	154	203	247	214	240	211	217	172	244
Other income	28.4	16.4	19.5	18.4	22.2	19.9	22.1	19.6	19.4	17.1	17.2	14.6	13.4	12.5	11.9	10.8	7.5	7.8	8.4	7.8	5.6	4.2	5.4	4.8	4.7	3.4	2.9	5.3	3.1	5.5	1.8	5.4	3.4	3.5
Total expenses	401	561	500	400	306	426	401	397	375	374	354	319	311	309	268	242	216	200	185	172	153	159	144	141	132	142	168	200	176	206	181	177	146	190
EBITDA	51.3	128	134	115	73.6	120	109	111	95.6	89.8	83.7	74.4	70.9	66.3	63.1	55.7	48.7	41.9	45.1	39.9	35.8	24.7	34.7	49.6	38.7	17.9	41.2	52.9	43.7	40	35.9	45.1	30.3	59.4
EBITDA margin	11.6%	18.8%	21.5%	22.6%	19.8%	22.4%	21.7%	22.2%	20.6%	19.6%	19.4%	19.2%	18.8%	17.9%	19.4%	19.0%	18.8%	17.7%	20.0%	19.3%	19.4%	13.8%	20.0%	26.7%	23.4%	11.6%	20.3%	21.4%	20.5%	16.7%	17.0%	20.7%	17.7%	24.3%
Finance costs	0.6	0.7	0.7	0.4	0.8	0.7	0.4	0.8	1	0.7	0.6	0.6	0.7	0.5	0.1	0.2	0.2	0.5	0.2	0.1	0.2	0.4	0.3	0.2	0.3	0.8	0.7	0.9	1	0.7	0.3	0	0	0
Depreciation	9.4	9	9.4	8	7.7	7.5	6.5	6.1	6.2	5.3	5.5	5.1	4.9	5	4.9	4.9	5.1	5.1	5.1	5.1	5	5	5	5.2	5.1	4.9	5	5.1	5	5.3	5.3	4.8	4.8	5.3
Profit before tax	69.7	135	128	125	87.3	132	125	124	108	101	94.9	83.2	78.6	73.3	70	61.4	50.8	44.1	48.1	241	36.1	23.6	34.8	30.4	38	15.5	38.4	52.1	40.9	39.5	32.1	45.6	28.9	57.6
Tax	18.6	32.5	35.2	33.2	22.8	37.5	32	33.1	27.4	25.2	26.4	19	17.7	17.7	17.4	15.1	12.4	11	12.5	62.4	8.8	4.5	8.6	7.3	9.3	4.2	10.1	6.1	13.7	13.6	10.5	15.3	9.8	19
Net profit	51.1	102	91.7	91.4	64.4	94.6	92.6	91	80.4	76.2	68.3	64	61	55.6	52.6	46.3	38.3	33	35.7	174	27.8	23.3	27.5	24.4	27.3	13.8	27.1	50.2	30.7	28.3	22.8	30.1	19	35.4
Net margin	11.5%	15.0%	14.7%	18.1%	17.3%	17.6%	18.4%	18.2%	17.4%	16.6%	15.8%	16.5%	16.2%	15.0%	16.1%	15.8%	14.8%	14.0%	15.8%	84.2%	15.1%	13.0%	15.9%	13.2%	16.5%	9.0%	13.3%	20.3%	14.4%	11.8%	10.8%	13.9%	11.1%	14.5%
EPS (₹)	1.60	3.21	2.89	2.87	2.03	2.99	2.92	2.85	2.52	2.39	2.15	2.02	1.91	1.73	1.63	1.43	1.18	1.02	1.10	5.37	0.86	0.72	0.85	0.75	0.84	0.43	0.84	1.55	0.95	0.87	0.69	0.91	0.58	1.07
Net profit YoY	−20.7%	+7.7%	−1.0%	+0.4%	−19.9%	+24.1%	+35.6%	+42.1%	+31.9%	+37.0%	+29.8%	+38.2%	+59.0%	+68.4%	+47.5%	−73.3%	+38.1%	+41.8%	+29.5%	+612.4%	+1.8%	+68.9%	+1.7%	−51.4%	−11.2%	−51.3%	+18.6%	+66.8%	+61.5%	−20.1%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Revenue from operations	2,181	2,006	1,654	1,248	852	703	818	840	753
Other income	76.5	81	62.2	42.6	29.5	19.1	14.6	16.2	8.1
Total expenses	1,768	1,598	1,359	1,035	711	576	686	710	615
EBITDA	450	437	319	234	163	148	156	151	158
EBITDA margin	20.6%	21.8%	19.3%	18.7%	19.1%	21.0%	19.0%	18.0%	20.9%
Finance costs	2.6	2.9	2.7	1	1	1.1	3.3	1.1	0.5
Depreciation	34.1	26.3	20.8	19.9	20.3	20.2	20.1	20.1	19.1
Profit before tax	474	489	358	256	369	127	147	146	146
Tax	124	130	88.3	62.6	94.6	29.6	34.2	49.2	47.8
Net profit	349	359	269	193	270	102	122	100	96
Net margin	16.0%	17.9%	16.3%	15.5%	31.7%	14.6%	14.9%	11.9%	12.7%
EPS (₹)	11.00	11.28	8.47	5.97	8.36	3.17	3.77	3.05	2.91
Net profit YoY	−2.6%	+33.1%	+39.7%	−28.6%	+163.7%	−15.9%	+21.5%	+4.4%	–

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	FY22
Operating cash flow	111	187	271	196	433
Investing cash flow	21.9	−11.3	−197	86.2	−386
Financing cash flow	−141	−111	−76.4	−288	−74.6
Capital expenditure	71.6	42.9	31.7	38.6	15.7
Free cash flow (CFO − capex)	39.4	144	239	157	418

Net profit trend

annual, ₹ crore

FY21

₹102

FY22

₹270+164%

FY23

₹193−29%

FY24

₹269+40%

FY25

₹359+33%

FY26

₹349−3%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	10 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	10 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	18 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	18 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	3 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	3 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	10 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	10 Nov 2025	PDF on NSE XBRL
Q1 FY26	Consolidated	4 Aug 2025	PDF on NSE XBRL
Q1 FY26	Standalone	4 Aug 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY2611.92 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 52.1×52.4×

P/B5Y avg 14.11×12.19×

ROEFY26, on average equity26.2%

Net margin16.0%

Debt / equity0.00×

Revenue CAGR (3Y)20.5%

Profit CAGR (3Y)21.9%

EPS (TTM)₹10.57

Market cap₹17,624 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

12.19×

vs 8-point avg 14.11× (−14%)

8.39× low14.11× avg19.98× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹2,497 Cr+24%

Net worth₹1,446 Cr+19%

Total borrowings₹0 Cr

Cash & bank balances₹101 Cr+3%

Investments₹303 Cr−12%

Inventories₹244 Cr+25%

Trade receivables₹639 Cr+76%

Trade payables₹558 Cr+63%

Change vs the same date a year earlier.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	55.84	55.84	55.84	55.84	55.84	55.84	55.84	55.84	55.84	55.84	55.84	55.84
FII	20.58	20.81	22.38	23.60	25.44	28.01	28.34	28.09	27.51	27.26	27.28	27.68
DII	15.98	16.52	14.60	13.88	12.15	10.62	10.92	11.49	12.33	12.71	12.49	11.66
of which MF	14.78	15.27	13.40	12.57	10.81	–	–	–	–	–	–	–
Retail	6.30	5.67	6.00	5.77	5.58	4.80	4.24	3.94	3.65	3.58	3.69	4.01
Other public	1.30	1.16	1.18	0.91	0.99	0.73	0.66	0.64	0.67	0.61	0.70	0.81

1,53,675 shareholders · NSE shareholding pattern filings.