Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1 | 1.1 | 1.1 | 0.8 | 0.8 | 0.7 | 0.8 | 1.6 | 0.7 | 0.9 | 1.1 | 2.1 | 2.3 | 3.3 | 3.9 | 4.3 | 3.2 | 1.9 | 1.8 | 1.1 | 3.3 | 3.5 | 3.5 | 3.5 | 3.5 | 3.3 | 21.3 | 1.5 | 1.2 | 1.5 |
| Other income | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.4 | 0.2 | 0.4 | 0.3 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.1 | 0.4 | 0.3 | 0.3 | 0.3 | 0.1 | 0.4 | 0.2 | 0.5 | 0.3 | 3.1 | 0.4 | 0.3 | 0.2 |
| Total expenses | 3 | 3.1 | 3.1 | 2.9 | 2.8 | 2.5 | 3.2 | 3.1 | 4.1 | 6.6 | 0.9 | 7.2 | 5.8 | 7.1 | 9.3 | 8.8 | 7.5 | 7.8 | 5.2 | 4.7 | 5 | 3.9 | 2.8 | 2.1 | 2.2 | 2.9 | 27 | 3 | 2.9 | 2.9 |
| EBITDA | −1.7 | −1.8 | −1.7 | −1.9 | −1.7 | −1.5 | −2 | −1 | −2.8 | −5.1 | 0.8 | −4.5 | −2.9 | −3.2 | −4.8 | −4 | −4 | −5.9 | −3.4 | −3.6 | −1.8 | −0.2 | 0.8 | 1.5 | 1.4 | 0.5 | −4 | −1.3 | −1.6 | −1.4 |
| EBITDA margin | -178.4% | -166.4% | -155.9% | -245.3% | -219.9% | -217.8% | -239.8% | -63.2% | -385.5% | -561.0% | 70.8% | -212.3% | -125.3% | -95.3% | -122.0% | -92.6% | -125.6% | -318.1% | -183.9% | -323.4% | -54.2% | -5.3% | 23.9% | 43.0% | 40.1% | 16.7% | -18.8% | -87.2% | -128.8% | -95.8% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 |
| Depreciation | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 1.4 | 0.1 | 0.1 | 0.1 |
| Profit before tax | −1.8 | −1.8 | −2.1 | −1.9 | −1.9 | −1.8 | −2.1 | −1.1 | −3.9 | −6.3 | 0.5 | −4.6 | −3.1 | −3.2 | −4.8 | −4 | −4.2 | −5.5 | −3.1 | −3.3 | −1.5 | −0.2 | 1.1 | 1.5 | 1.8 | 0.7 | −2.6 | −1.1 | −1.4 | −1.3 |
| Tax | 0.4 | −0.1 | −0.1 | −0 | −0 | −0 | −0 | 0 | −0 | −0.3 | −0.1 | −0.1 | 0.7 | 0 | −0 | −0.2 | −0.2 | −0.6 | −0.1 | 0 | 0 | −0.1 | 0.1 | −0 | 0.1 | 0.2 | −1.1 | −0 | 0 | −0 |
| Net profit | −2.2 | −1.8 | −2 | −1.9 | −1.9 | −1.9 | −2.1 | −1.1 | −3.9 | −6 | 0.5 | −4.5 | −3.8 | −3.3 | −4.8 | −4 | −3.9 | −4.9 | −3 | −3.4 | −1.5 | −0.2 | 1 | 1.6 | 1.7 | 0.5 | −1.6 | −1.1 | −1.4 | −1.3 |
| Net margin | -229.2% | -164.9% | -179.3% | -255.5% | -239.7% | -262.9% | -251.7% | -68.2% | -539.6% | -662.7% | 45.0% | -214.4% | -165.4% | -98.0% | -122.5% | -93.9% | -123.0% | -266.7% | -163.6% | -301.3% | -47.0% | -4.4% | 28.3% | 45.0% | 47.7% | 14.3% | -7.4% | -72.5% | -114.6% | -88.7% |
| EPS (₹) | -1.49 | -1.21 | -1.36 | -1.31 | -1.28 | -1.26 | -1.42 | -0.76 | -2.67 | -4.13 | 0.35 | -3.13 | -2.63 | -2.24 | -3.30 | -2.79 | -2.72 | -3.42 | -2.07 | -2.40 | -1.11 | -0.11 | 0.73 | 1.14 | 1.22 | 0.34 | -0.12 | -0.80 | -1.01 | -1.21 |
| Net profit YoY | −17.1% | +4.2% | +4.2% | −73.4% | +52.1% | +69.3% | −509.3% | +75.4% | −2.9% | −85.5% | +110.6% | −12.2% | +3.1% | +34.2% | −60.2% | −20.0% | −158.0% | −3096.4% | −399.5% | −315.3% | −191.4% | −133.2% | +163.4% | +242.7% | +220.5% | +135.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3.7 | 3.9 | 6.5 | 14.7 | 8.1 | 14 | 8.1 | 6.1 |
| Other income | 0.7 | 0.9 | 1.5 | 1.7 | 1.3 | 1.1 | 1.3 | 0.2 |
| Total expenses | 11.9 | 12.9 | 20.5 | 32.6 | 22.8 | 11 | 11.5 | 11.3 |
| EBITDA | −7.1 | −7.4 | −11.7 | −15.9 | −14.6 | 3.6 | −2.7 | −5 |
| EBITDA margin | -190.5% | -189.0% | -180.8% | -108.1% | -181.6% | 25.3% | -33.7% | -81.8% |
| Finance costs | 0 | 0.1 | 0.2 | 0.3 | 0 | 0.1 | 0.1 | 0 |
| Depreciation | 1 | 1.5 | 2.1 | 1.7 | 0.1 | 0.5 | 0.6 | 0.3 |
| Profit before tax | −7.7 | −8.1 | −13.5 | −16.2 | −13.5 | 4.1 | −2.1 | −5 |
| Tax | −0.1 | 0 | 0.4 | −0.4 | −0.6 | 0.1 | 0.1 | −0.1 |
| Net profit | −7.6 | −8.1 | −13.9 | −16 | −12.8 | 4.1 | −2.2 | −5 |
| Net margin | -203.3% | -207.3% | -214.6% | -108.8% | -159.3% | 29.0% | -26.8% | -81.9% |
| EPS (₹) | -5.15 | -5.50 | -9.54 | -11.05 | -9.07 | 2.98 | -1.59 | -4.63 |
| Net profit YoY | +6.0% | +41.8% | +13.4% | −25.0% | −414.7% | +287.7% | +56.4% | – |
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 | −5.7 | −4.9 | −10.2 | −14.8 | −2.2 |
| Investing cash flow | 6.1 | 6.4 | 10.8 | 4 | −18.8 |
| Financing cash flow | −0.1 | −1.5 | −1.8 | 0.9 | 31.9 |
| Capital expenditure | 0.9 | 0.5 | 0.2 | 1 | 0.2 |
| Free cash flow (CFO − capex) | −6.6 | −5.3 | −10.4 | −15.8 | −2.4 |
Net profit trend
annual, ₹ croreFY21
₹4.1
FY22
₹−12.8−415%
FY23
₹−16−25%
FY24
₹−13.9+13%
FY25
₹−8.1+42%
FY26
₹−7.6+6%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 14 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 12 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-16.7×
P/B5Y avg 2.06×1.77×
ROEFY26, on average equity-10.9%
Net margin-203.3%
Debt / equity0.00×
Revenue CAGR (3Y)-36.7%
Profit CAGR (3Y)–
EPS (TTM)₹-5.36
Market cap₹132 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.77×
vs 8-point avg 2.06× (−14%)
1.66× low2.06× avg2.75× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹86 Cr+18%
Net worth₹75 Cr+17%
Total borrowings₹0 Cr
Cash & bank balances₹1 Cr+49%
Investments₹78 Cr+19%
Inventories₹0 Cr
Trade receivables₹1 Cr+6%
Trade payables₹0 Cr+56%
Change vs the same date a year earlier.