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 | 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 | 16.4 | 20.3 | 13.5 | 10.5 | 9.9 | 12.7 | 12.2 | 12.9 | 10.9 | 8.6 | 17.8 | 7.2 | 6.3 | 8.1 | 9.1 | 7.2 | 6.4 | 8.6 | 15.6 | 92 | 9.6 | 10.6 | 6.1 | 5.2 | 6.5 | 9.9 | 20.6 | 4 | 5.4 | 5.9 | 10.8 | 4.9 | 19.3 |
| Other income | 2.1 | 3 | 0.9 | 6.3 | 42.3 | 1.9 | 0.9 | 0.7 | 0.3 | 1.5 | 0.7 | 0.6 | 0.3 | 0.4 | 0.3 | 1 | 0.5 | 0.2 | 0.3 | 0.2 | 0.7 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.4 | 0 | 0.1 | 0.2 |
| Total expenses | 15.2 | 18.2 | 13 | 10.9 | 13.7 | 13.4 | 10.3 | 11.8 | 9.4 | 12.4 | 9.2 | 9.9 | 8 | 10.5 | 8.5 | 10.4 | 8.4 | 10.3 | 14.8 | 9.6 | 11.3 | 12.7 | 8.4 | 7.8 | 10.1 | 13 | 15.9 | 7.5 | 8.3 | 8.9 | 12.3 | 7.2 | 8.4 |
| EBITDA | 4.8 | 5.6 | 4.3 | 3.1 | −0.3 | 2.9 | 5.5 | 4.7 | 4.9 | −0.3 | 11.5 | −0.3 | 0.8 | 0.1 | 3 | −0.8 | 0.2 | 0.5 | 3.2 | 84.3 | 0.1 | −0.2 | −0.5 | −0.8 | −1.9 | −1.5 | 6.3 | −2.2 | −2 | −2 | −0.8 | −1.6 | 11.7 |
| EBITDA margin | 29.1% | 27.5% | 31.5% | 29.8% | -3.1% | 22.4% | 45.0% | 36.5% | 44.6% | -3.1% | 64.6% | -3.5% | 13.2% | 0.9% | 33.5% | -11.7% | 2.6% | 5.9% | 20.4% | 91.6% | 1.0% | -1.9% | -8.6% | -14.7% | -28.9% | -15.4% | 30.7% | -53.8% | -36.6% | -33.6% | -7.1% | -33.3% | 60.8% |
| Finance costs | 2.7 | 2.7 | 2.9 | 2.7 | 2.7 | 2.8 | 2.9 | 2.8 | 2.6 | 2.8 | 2.3 | 1.8 | 2 | 1.9 | 1.9 | 1.7 | 1.4 | 1.5 | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.4 | 1.3 | 1.3 | 1 | 0.7 | 0.7 | 0.6 | 0.5 | 0.6 |
| Depreciation | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 |
| Profit before tax | 3.3 | 5 | 1.5 | 6 | 38.4 | 1.2 | 2.8 | 1.8 | 1.8 | −2.3 | 9.3 | −2.1 | −1.4 | −2 | 0.9 | −2.3 | −1.5 | −1.5 | 1.1 | 82.7 | −1 | −1.9 | −1.9 | −2.3 | −3.5 | −3 | 4.9 | −3.3 | −2.8 | −2.5 | −1.5 | −2.2 | 11.1 |
| Tax | 0.9 | 1.4 | 0.6 | 0.1 | 7 | 0.3 | 0.7 | 0.4 | 0.1 | −0 | −0.4 | 0.6 | −0.2 | −1.3 | 1 | −0.6 | −0 | 0.2 | 0.6 | 1.1 | 0.2 | −0.1 | 0.2 | 0 | 0.1 | 0.1 | −0 | 0.1 | 0.1 | 0.1 | −0.1 | −0.2 | 0.1 |
| Net profit | 2.4 | 3.5 | 0.8 | 5.9 | 31.4 | 0.9 | 2.1 | 1.4 | 1.6 | −2.2 | 9.7 | −2.7 | −1.2 | −0.7 | −0.1 | −1.7 | −1.5 | −1.7 | 0.6 | 81.3 | −1.2 | −1.8 | −2.1 | −2.4 | −3.6 | −3.1 | 5 | −3.4 | −2.9 | −2.6 | −1.4 | −2.9 | 11.1 |
| Net margin | 14.5% | 17.5% | 6.0% | 55.6% | 318.5% | 6.7% | 17.4% | 10.5% | 15.1% | -26.0% | 54.6% | -36.8% | -19.6% | -8.6% | -0.6% | -23.9% | -22.5% | -20.2% | 3.6% | 88.3% | -12.3% | -17.0% | -34.4% | -45.1% | -55.7% | -31.8% | 24.0% | -84.0% | -54.4% | -44.1% | -13.4% | -59.1% | 57.3% |
| EPS (₹) | 1.27 | 1.90 | 0.44 | 3.14 | 16.80 | 0.48 | 1.13 | 0.72 | 0.88 | -1.20 | 5.21 | -1.43 | -0.66 | -0.38 | -0.03 | -0.92 | -0.78 | -0.92 | 0.30 | 43.52 | -0.63 | -0.97 | -1.13 | -1.27 | -1.94 | -1.68 | 2.65 | -1.82 | -1.56 | -1.40 | -0.77 | -1.09 | 5.92 |
| Net profit YoY | −92.5% | +312.6% | −61.4% | +332.9% | +1806.4% | +138.3% | −78.3% | +150.8% | +234.0% | −224.3% | +16780.0% | −55.2% | – | +52.4% | +96.6% | −408.1% | −23.3% | +4.8% | +126.5% | +3537.9% | +67.6% | +42.2% | −142.6% | +30.4% | −24.4% | −19.8% | +443.8% | −18.2% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 54.2 | 48.6 | 35.1 | 33.3 | 123 | 31.6 | 41 | 26.9 | 9.5 |
| Other income | 51.9 | 3.8 | 7.6 | 1.4 | 1 | 1 | 0.3 | 0.4 | 0.3 |
| Total expenses | 54.8 | 44.7 | 39.2 | 39.7 | 42.8 | 39.8 | 46.2 | 36.4 | 7.4 |
| EBITDA | 13.6 | 18 | 7.3 | 3.3 | 88.5 | −1.1 | 1 | −6.1 | 2.8 |
| EBITDA margin | 25.2% | 37.1% | 20.7% | 10.0% | 72.1% | -3.4% | 2.5% | -22.6% | 29.8% |
| Finance costs | 11 | 11.1 | 8.9 | 7.1 | 6.1 | 5.7 | 5 | 2.5 | 0.5 |
| Depreciation | 3.2 | 3.1 | 2.4 | 2.6 | 2.5 | 1.3 | 1.2 | 0.9 | 0.2 |
| Profit before tax | 51.3 | 7.6 | 3.6 | −5 | 80.8 | −7.2 | −4.9 | −9.1 | 2.4 |
| Tax | 9.4 | 1.5 | −0 | −1.2 | 1.9 | 0.3 | 0.3 | −0.1 | 0.1 |
| Net profit | 41.9 | 6 | 3.6 | −3.7 | 78.7 | −7.5 | −5.2 | −9.9 | 2.2 |
| Net margin | 77.4% | 12.3% | 10.2% | -11.2% | 64.2% | -23.6% | -12.7% | -36.6% | 23.3% |
| EPS (₹) | 22.44 | 3.24 | 1.93 | -2.01 | 42.11 | -3.99 | -2.79 | -4.83 | 1.20 |
| Net profit YoY | +601.6% | +66.0% | +196.0% | −104.8% | +1154.2% | −43.2% | +47.1% | – | – |
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 | 49.5 | 2.3 | 11.2 | 10.2 | 92.7 |
| Investing cash flow | −36.3 | −1.5 | −39.2 | −11.8 | −96.6 |
| Financing cash flow | −13.1 | −0.7 | 27.9 | 1.7 | 3.3 |
| Capital expenditure | 5.7 | 0.2 | 6.5 | 0.1 | 0.1 |
| Free cash flow (CFO − capex) | 43.8 | 2.1 | 4.7 | 10.1 | 92.6 |
Net profit trend
annual, ₹ croreFY21
₹−7.5
FY22
₹78.7+1154%
FY23
₹−3.7−105%
FY24
₹3.6+196%
FY25
₹6+66%
FY26
₹41.9+602%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 10 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Consolidated | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 10 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 27 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 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 | 15 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 15 Oct 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 19.3×14.4×
P/B5Y avg 1.77×1.55×
ROEFY26, on average equity43.6%
Net margin77.4%
Debt / equity1.07×
Revenue CAGR (3Y)17.6%
Profit CAGR (3Y)–
EPS (TTM)₹6.74
Market cap₹182 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.55×
vs 8-point avg 1.77× (−12%)
1.15× low1.77× avg2.74× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹264 Cr+9%
Net worth₹117 Cr+55%
Total borrowings₹125 Cr−2%
Cash & bank balances₹0 Cr+488%
Investments₹90 Cr+562%
Inventories₹18 Cr+11%
Trade receivables₹23 Cr+52%
Trade payables₹2 Cr+81%
Change vs the same date a year earlier.
Revenue mix FY26
Product46.0%result ₹8.3 Cr
Real estaste31.6%result ₹17.1 Cr
Solutions22.4%result ₹8.2 Cr
Segment revenue as reported, before inter-segment eliminations.