Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY19
| ₹ 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 | Q1 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 109 | 109 | 98.6 | 102 | 97.6 | 94.4 | 88.5 | 83.1 | 80.2 | 78.3 | 80.1 | 72.3 | 82.2 | 80.8 | 76.5 | 79.1 | 73.6 | 66.7 | 74.7 | 61 | 59.5 | 58.2 | 58.8 | 32.6 | 43.2 | 51.5 | 42.5 | 44 | 53.6 | 54.5 |
| Other income | 3.8 | 2.8 | 1.8 | 2.7 | 1.7 | 1.6 | 1.2 | 0.7 | 0.7 | 0.5 | 0.9 | 2 | 0.6 | 0.7 | 1.1 | 0.8 | 0.4 | 0.7 | 0.1 | 0.2 | 0.2 | 0.3 | 0 | 0.2 | 1.7 | 0.8 | 0.4 | 0.2 | 0.2 | 0.7 |
| Total expenses | 84.5 | 82.9 | 75.5 | 78.2 | 74.1 | 71.1 | 66.5 | 62.8 | 65.2 | 63.3 | 68.4 | 66.5 | 67.2 | 65.5 | 63.9 | 62.3 | 57.7 | 52.1 | 60.8 | 50.2 | 49.3 | 47.9 | 49.1 | 35.1 | 44.7 | 46.2 | 42.3 | 42.6 | 45.4 | 46.9 |
| EBITDA | 37.3 | 39.4 | 34.2 | 34.2 | 33.7 | 33 | 32.3 | 28.9 | 23.6 | 23.6 | 20.9 | 15.3 | 23.8 | 23.6 | 21 | 25.1 | 23.1 | 20.4 | 19.6 | 16.7 | 16.7 | 16.6 | 15.8 | 3.7 | 5 | 11.5 | 6.3 | 7.3 | 13.9 | 14.2 |
| EBITDA margin | 34.2% | 36.0% | 34.7% | 33.6% | 34.5% | 35.0% | 36.5% | 34.8% | 29.4% | 30.2% | 26.1% | 21.2% | 29.0% | 29.2% | 27.5% | 31.7% | 31.3% | 30.6% | 26.3% | 27.4% | 28.0% | 28.5% | 26.9% | 11.2% | 11.5% | 22.3% | 14.9% | 16.5% | 25.9% | 26.0% |
| Finance costs | 0.2 | 0.3 | 0.2 | 0.4 | 0.3 | 0.4 | 0.6 | 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | 0.4 | 0.2 | 0.7 | 0.8 | 0.6 | 0.2 | 0.2 | 0.4 | 0.7 | 0.6 | 0.3 | 0.6 | 1.2 | 0.9 | 1 | 0.6 | 0.4 | 1.8 |
| Depreciation | 12.5 | 12.8 | 10.9 | 10.2 | 9.9 | 9.2 | 9.7 | 8.2 | 8.1 | 8 | 8.6 | 8.9 | 8.5 | 8 | 7.8 | 7.5 | 6.6 | 5.5 | 5.5 | 5.5 | 5.8 | 5.7 | 5.8 | 5.6 | 5.3 | 5.3 | 5.2 | 5.2 | 5.2 | 4.7 |
| Profit before tax | 28.3 | 29 | 23.4 | 26.3 | 25.3 | 25 | 23.2 | 21 | 15.7 | 15.6 | 12.6 | 7.8 | 15.5 | 16 | 13.7 | 17.6 | 16.3 | 15.3 | 12.8 | 10.9 | 10.4 | 10.6 | 9.7 | −2.3 | 0.2 | 6.1 | 0.5 | 1.6 | 8.4 | 8.4 |
| Tax | 7.3 | 7.9 | 5.8 | 6.4 | 6.4 | 6.7 | 6.2 | 4.6 | 4 | 3.8 | 3.1 | 1.9 | 3.9 | 3.7 | 3.7 | 4.5 | 4.4 | 3.8 | 3.3 | 2.8 | 2.7 | 2.6 | 2.4 | −0.5 | 0 | 1.4 | −0.4 | 0.4 | 1.6 | 1.9 |
| Net profit | 21 | 21.1 | 17.6 | 19.9 | 18.9 | 18.3 | 21 | 14.6 | 11.6 | 11.8 | 9.5 | 5.9 | 11.6 | 12.3 | 10 | 13.1 | 11.9 | 11.6 | 9.5 | 8.1 | 7.7 | 8 | 7.4 | −1.9 | 0.1 | 4.7 | 0.9 | 1.2 | 6.8 | 6.5 |
| Net margin | 19.3% | 19.3% | 17.8% | 19.6% | 19.4% | 19.4% | 23.7% | 17.5% | 14.5% | 15.1% | 11.8% | 8.2% | 14.1% | 15.2% | 13.0% | 16.5% | 16.1% | 17.3% | 12.7% | 13.3% | 13.0% | 13.8% | 12.5% | -5.8% | 0.3% | 9.2% | 2.1% | 2.7% | 12.6% | 11.8% |
| EPS (₹) | 4.71 | 4.73 | 3.96 | 4.46 | 4.25 | 8.22 | 7.65 | 7.38 | 5.25 | 5.34 | 4.26 | 2.67 | 5.25 | 5.54 | 4.50 | 5.91 | 5.37 | 5.23 | 4.30 | 3.67 | 3.50 | 3.62 | 3.34 | -0.85 | 0.06 | 2.13 | 0.41 | 0.53 | 3.06 | 2.92 |
| Net profit YoY | +11.4% | +15.3% | −16.3% | +36.6% | +62.3% | +55.2% | +122.3% | +146.3% | +0.1% | −3.7% | −5.0% | −54.7% | – | +3.1% | −13.9% | +37.3% | +53.3% | +44.3% | +29.0% | +532.3% | +5355.6% | +70.0% | +716.8% | −260.3% | −97.9% | – | – | −81.9% | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 407 | 344 | 313 | 315 | 276 | 209 | 181 | 213 |
| Other income | 9 | 4.2 | 4 | 3.5 | 1.5 | 0.8 | 3 | 1.9 |
| Total expenses | 311 | 259 | 265 | 255 | 221 | 181 | 175 | 179 |
| EBITDA | 142 | 122 | 83.6 | 93.5 | 79.8 | 52.7 | 30 | 57.5 |
| EBITDA margin | 34.7% | 35.5% | 26.7% | 29.7% | 28.9% | 25.2% | 16.6% | 27.1% |
| Finance costs | 1.2 | 1.9 | 2.1 | 2.6 | 1.5 | 2.2 | 3.8 | 4.6 |
| Depreciation | 43.8 | 35.3 | 34 | 30.5 | 23.2 | 22.9 | 20.9 | 19.7 |
| Profit before tax | 104 | 89 | 51.5 | 63.8 | 55.3 | 28.4 | 8.3 | 35.1 |
| Tax | 26.4 | 22.2 | 12.7 | 16.5 | 14.3 | 7.1 | 1.4 | 9.8 |
| Net profit | 77.5 | 67.3 | 38.8 | 47.3 | 41.1 | 21.3 | 6.9 | 25.3 |
| Net margin | 19.0% | 19.6% | 12.4% | 15.0% | 14.9% | 10.2% | 3.8% | 11.9% |
| EPS (₹) | 17.40 | 30.02 | 17.52 | 21.37 | 18.57 | 9.62 | 3.13 | 11.45 |
| Net profit YoY | +15.1% | +73.5% | −18.0% | +15.2% | +93.1% | +206.9% | −72.6% | – |
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 | 147 | 94.6 | 59.1 | 86.5 | 58.7 |
| Investing cash flow | −130 | −75.5 | −74.6 | −56.9 | −37.9 |
| Financing cash flow | −10.4 | −16.7 | −1.9 | −10.7 | −16.1 |
| Capital expenditure | 99.7 | 79.1 | 75.2 | 47.8 | 29.7 |
| Free cash flow (CFO − capex) | 47.5 | 15.5 | −16.1 | 38.7 | 29 |
Net profit trend
annual, ₹ croreFY21
₹21.3
FY22
₹41.1+93%
FY23
₹47.3+15%
FY24
₹38.8−18%
FY25
₹67.3+74%
FY26
₹77.5+15%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 20 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 6 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 28 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 3 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 17 Jul 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 29 Apr 2025 | PDF on NSE XBRL |
| Q3 FY25 | Consolidated | 24 Jan 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 24 Jan 2025 | PDF on NSE XBRL |
| Q2 FY25 | Consolidated | 8 Nov 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)33.6×
P/B5.86×
ROEFY26, on average equity18.5%
Net margin19.0%
Debt / equity0.01×
Revenue CAGR (3Y)8.9%
Profit CAGR (3Y)17.9%
EPS (TTM)₹17.83
Market cap₹2,677 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₹562 Cr+21%
Net worth₹457 Cr+21%
Total borrowings₹3 Cr−61%
Cash & bank balances₹23 Cr+45%
Investments₹2 Cr
Inventories₹30 Cr+20%
Trade receivables₹106 Cr−1%
Trade payables₹12 Cr+11%
Change vs the same date a year earlier.