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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 64.7 | 71.5 | 50.8 | 66.1 | 65.4 | 64.9 | 62.6 | 59.2 | 50.1 | 32.4 | 44.9 | 52.3 | 53.7 | 51.6 | 44.2 | 52.9 | 50.5 | 48.7 | 49.8 | 59.9 | 23.4 | 41.7 | 41.5 | 42.2 | 17.6 | 30.5 | 35.1 | 49.7 | 57.4 | 39.2 | 49.6 | 46.7 | 71 |
| Other income | 0.2 | 0.2 | 0.5 | 0.2 | 0.1 | 0.7 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.9 | 1.8 | 0.8 | 1.4 | 0.9 | 0.6 | 0.9 | 0.3 | 0.8 | 0.1 | 0.5 | 0.2 | 1.5 | 0.6 | 1.6 | 0 | 1.2 | 0.2 |
| Total expenses | 62.2 | 67.3 | 49.9 | 62.8 | 62.3 | 62.4 | 60.4 | 58.5 | 49.9 | 43.4 | 48.9 | 54.6 | 52.9 | 49.5 | 43 | 53.4 | 54.2 | 48.4 | 54.7 | 57.3 | 29.2 | 44.4 | 43.7 | 43.6 | 23.2 | 39 | 47.7 | 58.9 | 57.5 | 42.5 | 50.8 | 51.5 | 71.1 |
| EBITDA | 5.1 | 6.8 | 3.7 | 6.1 | 6.2 | 5.7 | 4.7 | 3.4 | 2.8 | −7.8 | −1.1 | 0.7 | 3.5 | 4.6 | 4 | 2.6 | −0.4 | 3.6 | −1.5 | 5.7 | −2.6 | 1 | 1.6 | 2.2 | −1.8 | −3.5 | −9.3 | −6 | 3 | −0.3 | 1.8 | −1.7 | 2.8 |
| EBITDA margin | 7.8% | 9.5% | 7.2% | 9.3% | 9.5% | 8.9% | 7.5% | 5.8% | 5.6% | -24.2% | -2.5% | 1.3% | 6.6% | 9.0% | 9.1% | 4.9% | -0.8% | 7.3% | -2.9% | 9.6% | -11.2% | 2.4% | 3.8% | 5.3% | -10.3% | -11.4% | -26.4% | -12.0% | 5.2% | -0.7% | 3.6% | -3.7% | 3.9% |
| Finance costs | 1.9 | 1.9 | 2.2 | 2.2 | 2.4 | 2.4 | 1.8 | 2 | 1.9 | 2.5 | 2.2 | 2.3 | 2.1 | 1.9 | 2.2 | 2.4 | 2.4 | 2.3 | 2.5 | 2.2 | 2.2 | 2.7 | 2.8 | 2.6 | 2.8 | 3.2 | 2.4 | 2.4 | 2.3 | 2.2 | 2.3 | 2.2 | 2.1 |
| Depreciation | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.9 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 1 | 1 | 1 | 0.9 | 0.9 | 1 | 1 | 1 | 1.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
| Profit before tax | 2.6 | 4.5 | 1.4 | 3.4 | 3.3 | 3.2 | 2.4 | 1.1 | 0.3 | −10.9 | −3.9 | −2.2 | 0.9 | 2.2 | 7.7 | 0.4 | −2 | 1 | −3.5 | 3.5 | −5.2 | −1.8 | −2 | −0.6 | −5.5 | −7.9 | −12.4 | −7.8 | 0.5 | −1.7 | −1.2 | −3.6 | 0.1 |
| Tax | 0.7 | 0 | 0.4 | 1.2 | 1 | 0.8 | 0.5 | 0.3 | 0.1 | −3.5 | −0.5 | 0.3 | 0.3 | 0.3 | 2.6 | −1.2 | 0.1 | −1.1 | −1.1 | 1.3 | −1.1 | −1.6 | −6.5 | −0.3 | −0.3 | 5.1 | −0.3 | −17.3 | −0.1 | −0 | −0.1 | −0.1 | −0 |
| Net profit | 1.9 | 4.4 | 0.9 | 2.2 | 2.2 | 2.4 | 2 | 0.8 | 0.2 | −7.4 | −3.4 | −2.5 | 0.6 | 2 | 5.1 | 1.6 | −2 | 2.1 | −2.4 | 2.2 | −4.1 | −0.2 | 4.6 | −0.3 | −5.1 | −13 | −12 | 9.5 | 0.6 | −1.7 | −1.1 | −3.5 | 0.1 |
| Net margin | 3.0% | 6.2% | 1.8% | 3.4% | 3.4% | 3.7% | 3.2% | 1.4% | 0.5% | -22.9% | -7.5% | -4.7% | 1.1% | 3.8% | 11.5% | 3.0% | -4.0% | 4.3% | -4.8% | 3.6% | -17.3% | -0.4% | 11.0% | -0.7% | -29.1% | -42.6% | -34.3% | 19.1% | 1.1% | -4.3% | -2.3% | -7.5% | 0.1% |
| EPS (₹) | 0.21 | 0.49 | 0.10 | 0.25 | 0.25 | 0.28 | 0.22 | 0.10 | 0.03 | -0.90 | -0.41 | -0.30 | 0.07 | 0.24 | 0.62 | 0.19 | -0.24 | 0.25 | -0.29 | 0.26 | 0.49 | -0.02 | 0.55 | 0.00 | -0.62 | -1.58 | -1.46 | 1.15 | 0.08 | 0.20 | -0.14 | -0.42 | -0.02 |
| Net profit YoY | −13.9% | +82.9% | −53.5% | +177.2% | +846.2% | +132.7% | +159.0% | +132.6% | −61.2% | −474.5% | −166.4% | −255.4% | +130.0% | −5.4% | +311.5% | −26.3% | +50.2% | +1219.2% | −152.5% | +804.8% | +21.0% | +98.6% | +138.1% | −103.2% | −919.6% | −676.1% | −955.7% | +372.2% | +607.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 254 | 237 | 183 | 201 | 182 | 143 | 173 | 204 |
| Other income | 1 | 1.4 | 0.4 | 1.7 | 3.8 | 2.1 | 2.8 | 5 |
| Total expenses | 242 | 231 | 200 | 200 | 190 | 155 | 203 | 216 |
| EBITDA | 22.9 | 16.6 | −4.8 | 12.6 | 5.2 | 3 | −15.7 | 0.6 |
| EBITDA margin | 9.0% | 7.0% | -2.6% | 6.3% | 2.9% | 2.1% | -9.1% | 0.3% |
| Finance costs | 8.8 | 8 | 9.1 | 9.1 | 9.3 | 10.9 | 10.4 | 8.8 |
| Depreciation | 2.6 | 2.9 | 2.7 | 3.1 | 3.8 | 3.9 | 4.2 | 3.3 |
| Profit before tax | 12.5 | 7 | −16.1 | 8.3 | −4.1 | −9.8 | −27.6 | −6.5 |
| Tax | 2.7 | 1.6 | −3.5 | 1.7 | −1.9 | −8.7 | −12.6 | −0.3 |
| Net profit | 9.8 | 5.5 | −12.7 | 6.6 | −2.2 | −1 | −15 | −6.2 |
| Net margin | 3.9% | 2.3% | -6.9% | 3.3% | -1.2% | -0.7% | -8.7% | -3.0% |
| EPS (₹) | 1.09 | 0.63 | -1.53 | 0.80 | -0.27 | -0.13 | -1.81 | -0.75 |
| Net profit YoY | +79.8% | +143.1% | −290.6% | +399.9% | −111.8% | +93.0% | −141.4% | – |
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 | 20.2 | −37.4 | 10.4 | 13.1 | −5.3 |
| Investing cash flow | 1.8 | 3.9 | −0.2 | 11.1 | 0 |
| Financing cash flow | −21.9 | 33.8 | −21.2 | −14.3 | 2.3 |
| Capital expenditure | 0 | 0.6 | 0.2 | 0.2 | 0 |
| Free cash flow (CFO − capex) | 20.2 | −38 | 10.3 | 12.9 | −5.3 |
Net profit trend
annual, ₹ croreFY21
₹−1
FY22
₹−2.2−112%
FY23
₹6.6+400%
FY24
₹−12.7−291%
FY25
₹5.5+143%
FY26
₹9.8+80%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 6 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 23 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 12 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 8 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 14 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 25 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 38.2×20.5×
P/B5Y avg 2.04×1.00×
ROEFY26, on average equity5.2%
Net margin3.9%
Debt / equity0.34×
Revenue CAGR (3Y)8.2%
Profit CAGR (3Y)13.9%
EPS (TTM)₹1.05
Market cap₹195 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.00×
vs 8-point avg 2.04× (−51%)
0.69× low2.04× avg3.22× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹328 Cr−0%
Net worth₹194 Cr+5%
Total borrowings₹66 Cr−15%
Cash & bank balances₹1 Cr+5%
Investments₹0 Cr
Inventories₹95 Cr+3%
Trade receivables₹96 Cr−3%
Trade payables₹43 Cr−9%
Change vs the same date a year earlier.