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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	60.7	64.8	50.6	61.7	59.5	81.2	75.4	64.4	64	73.7	60.8	101	136	163	93	101	258	278	244	215	192	194	151	121	42.7	136	123	97.8	204	213	203	201	194	182
Other income	8.2	1.5	2.2	1.7	3.7	8.5	3.2	9.4	5	4.5	2.9	1.8	19.8	2.4	0.8	0.9	2.1	0.6	0.8	1.1	0.6	0.6	0.7	0.7	0.7	0.8	0.9	0.7	0.7	0.5	0.8	0.9	0.7	−0
Total expenses	67.3	65.4	52.7	57	63.1	88.7	54.5	73.1	79.8	77.3	58.4	136	154	194	128	124	271	285	251	218	193	196	166	141	64.9	149	144	120	224	229	223	222	213	209
EBITDA	−1.3	1.7	0.1	10.8	1.7	−2	26.7	−3.8	−9	−1	−17.5	−20.2	−3.2	−15.3	−18.2	−5.5	2.7	13.2	12	16.3	17.7	17.8	−0.3	−0.1	−3.2	4.5	−1.8	−2.8	−0.4	3.2	−1.3	−1.3	0.3	−4.2
EBITDA margin	-2.1%	2.6%	0.2%	17.4%	2.8%	-2.4%	35.4%	-5.9%	-14.1%	-1.3%	-28.8%	-20.1%	-2.3%	-9.4%	-19.5%	-5.5%	1.0%	4.8%	4.9%	7.6%	9.2%	9.2%	-0.2%	-0.1%	-7.4%	3.3%	-1.5%	-2.8%	-0.2%	1.5%	-0.6%	-0.6%	0.1%	-2.3%
Finance costs	3.5	0.6	0.5	4.3	3.7	3.5	3.6	2.6	4.4	0.1	−22.6	13	12.8	12.7	13.9	14.8	12	17.4	15.8	15.8	15.2	16	11.1	16.5	15.4	14.6	15.5	15.3	14.3	14.6	14.7	14.9	15.5	18.2
Depreciation	1.7	1.7	1.8	1.8	1.5	2.1	2.2	2.3	2.3	2.5	2.6	2.6	2.7	2.9	3	3.1	3.2	3.2	3.4	3.5	3.5	3.6	3.6	3.7	3.7	3.6	3.7	3.8	4.5	4.5	4.6	4.6	4.6	4.9
Profit before tax	311	0.9	0.1	6.5	0.2	1	24.1	0.6	−10.8	0.9	5.3	−34.1	1	−7.9	16.5	3.3	−10.4	−6.8	−6.5	−1.9	−0.4	−1.2	−14.3	−19.7	−21.5	162	−20.1	−21.2	−18.5	−15.4	−19.8	−19.9	−19.2	−204
Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net profit	311	0.9	0.1	6.5	0.2	1	24.1	0.6	−10.8	0.9	5.3	−34.1	1	−7.9	16.5	3.3	−10.4	−6.8	−6.5	−1.9	−0.4	−1.2	−14.3	−19.7	−21.5	162	−20.1	−21.2	−18.5	−15.4	−19.8	−19.9	−19.2	−204
Net margin	512.3%	1.4%	0.3%	10.5%	0.3%	1.2%	31.9%	1.0%	-16.8%	1.3%	8.7%	-33.9%	0.8%	-4.8%	17.8%	3.2%	-4.0%	-2.4%	-2.6%	-0.9%	-0.2%	-0.6%	-9.5%	-16.3%	-50.4%	119.2%	-16.3%	-21.6%	-9.1%	-7.2%	-9.8%	-9.9%	-9.9%	-112.2%
EPS (₹)	6.44	0.02	0.00	0.14	0.00	0.02	0.68	0.02	-0.39	0.38	2.23	-15.12	0.47	-3.54	7.41	1.47	-4.67	-3.04	-2.90	-0.84	-0.20	-0.53	-6.42	-8.82	-9.66	72.46	-9.00	-9.49	-8.31	-6.92	-8.87	-8.91	8.61	91.48
Net profit YoY	+159894.9%	−10.4%	−99.4%	+926.4%	+101.8%	+4.2%	+353.0%	+101.8%	−1124.5%	+112.0%	−67.8%	−1142.8%	+110.1%	−16.5%	+355.5%	+274.2%	−2224.7%	−471.3%	+54.8%	+90.5%	+97.9%	−100.7%	+28.6%	+7.1%	−16.3%	+1146.5%	−1.5%	−6.5%	+3.6%	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY17
Revenue from operations	237	285	371	616	929	508	561	811	621
Other income	9.2	26.1	29	6.2	3.1	2.6	3.2	2.9	4.2
Total expenses	238	296	426	717	947	568	636	888	751
EBITDA	14.2	11.9	−41.9	−36.3	59.2	14.3	−0.4	0.9	−43.1
EBITDA margin	6.0%	4.2%	-11.3%	-5.9%	6.4%	2.8%	-0.1%	0.1%	-6.9%
Finance costs	9	14.1	3.4	53.4	64.2	59	59.7	59.7	65.7
Depreciation	6.7	9	10.5	12.2	13.6	14.5	15.6	18.3	20.5
Profit before tax	7.7	14.9	−26.8	1.5	−15.6	−56.7	102	−74.3	−424
Tax	0	0	0	0	0	0	0	0	0
Net profit	7.7	14.9	−26.8	1.5	−15.6	−56.7	102	−74.3	−424
Net margin	3.2%	5.2%	-7.2%	0.2%	-1.7%	-11.2%	18.2%	-9.2%	-68.2%
EPS (₹)	0.17	0.45	-10.83	0.67	-6.98	-25.43	45.66	-33.32	-190.16
Net profit YoY	−48.5%	+155.8%	−1894.3%	+109.6%	+72.6%	−155.7%	+237.1%	–	–

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	−30.3	−98.3	−13.8	40.3	61.5
Investing cash flow	20.2	30.6	26.3	−0.6	−0.6
Financing cash flow	10	67	−11.8	−39.4	−60.8
Capital expenditure	12.7	4.7	0.2	1.2	2
Free cash flow (CFO − capex)	−43	−103	−14	39.1	59.5

Net profit trend

annual, ₹ crore

FY21

₹−56.7

FY22

₹−15.6+73%

FY23

₹1.5+110%

FY24

₹−26.8−1894%

FY25

₹14.9+156%

FY26

₹7.7−49%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Standalone	10 Aug 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	29 May 2026	PDF on NSE XBRL
Q3 FY26	Standalone	14 Feb 2026	PDF XBRL
Q2 FY26	Standalone	14 Nov 2025	PDF XBRL
Q1 FY26	Standalone	13 Aug 2025	PDF XBRL
Q4 FY25	Standalone · audited	30 May 2025	PDF on NSE XBRL
Q3 FY25	Standalone	14 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

Annual reports

NSE archive

FY262.29 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 46.2×0.9×

P/B-1.43×

ROEFY26, on average equity-3.6%

Net margin3.2%

Debt / equity-0.28×

Revenue CAGR (3Y)-27.3%

Profit CAGR (3Y)72.7%

EPS (TTM)₹6.60

Market cap₹283 Cr

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

Balance sheet 31 Mar 2026

Total assets₹283 Cr+3%

Net worth₹-197 Cr+13%

Total borrowings₹55 Cr+11%

Cash & bank balances₹0 Cr−27%

Investments₹0 Cr+0%

Inventories₹79 Cr+80%

Trade receivables₹3 Cr−20%

Trade payables₹75 Cr−23%

Change vs the same date a year earlier.

Revenue mix FY26

Textile100.0%result ₹−3.4 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 17 Sept 2026

%	Sept 26	Jun 26	Mar 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Mar 25	Dec 24	Dec 24	Nov 24
Promoter	40.63	37.50	37.50	37.50	34.22	34.22	34.22	34.22	34.22	30.76	30.76	32.31
FII	5.34	5.63	5.63	5.63	0.46	0.33	0.21	0.54	0.54	0.64	0.22	0.24
Retail	45.97	48.69	48.68	48.91	58.24	58.46	58.50	57.53	57.53	60.15	60.82	58.71
Other public	8.06	8.18	8.19	7.96	7.08	6.99	7.07	7.71	7.71	8.45	8.20	8.74

34,445 shareholders · NSE shareholding pattern filings.