Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY22
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 44.6 | 189 | 96.4 | 84.2 | 102 | 108 | 134 | 105 | 127 | 210 | 76.5 | 57.8 | 51 | 158 | 62.5 | 76.3 | 117 | 120 | 140 | 135 | 97.5 |
| Other income | 1.7 | −0.4 | 4.2 | 0.8 | 1.6 | 7.5 | 0.7 | 0 | 1.6 | 5.1 | 0.3 | 0.8 | 0.7 | 5.5 | 0.5 | −0.9 | 2.4 | 1.1 | 0.1 | 0.8 | 0.7 |
| Total expenses | 45.8 | 188 | 99.7 | 83.5 | 102 | 114 | 133 | 103 | 127 | 213 | 75.3 | 57.7 | 50.9 | 162 | 62.2 | 73 | 119 | 119 | 138 | 132 | 95.5 |
| EBITDA | 1.3 | 4.3 | −1.5 | 2.6 | 1.7 | −4.9 | 2.2 | 3.7 | 1.2 | −1.4 | 2.7 | 1.8 | 1.3 | −2.2 | 1.5 | 4.3 | −0.6 | 1.9 | 3.1 | 3.4 | 2.9 |
| EBITDA margin | 3.0% | 2.3% | -1.6% | 3.1% | 1.7% | -4.5% | 1.6% | 3.5% | 0.9% | -0.7% | 3.5% | 3.2% | 2.6% | -1.4% | 2.4% | 5.6% | -0.5% | 1.5% | 2.2% | 2.5% | 3.0% |
| Finance costs | 1.7 | 1.8 | 0.9 | 1.3 | 1 | 2.5 | 0.9 | 1.5 | 1 | 1.2 | 1.1 | 1.3 | 0.9 | 1 | 0.7 | 0.6 | 0.5 | 0.6 | 0.5 | 0.6 | 0.5 |
| Depreciation | 0.9 | 0.8 | 0.8 | 0.7 | 0.5 | −1.4 | 0.6 | 0.5 | 0.5 | 0.4 | 0.5 | 0.4 | 0.4 | 0.2 | 0.6 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 |
| Profit before tax | 0.5 | 1.3 | 0.9 | 1.5 | 1.7 | 1.6 | 1.4 | 1.7 | 1.3 | 2.1 | 1.5 | 1 | 0.7 | 2.6 | 0.7 | 2.3 | 0.8 | 2 | 2.2 | 3.1 | 2.7 |
| Tax | −0.5 | −0.3 | −0.4 | 0.5 | 0.4 | 1.2 | 0.7 | 0.1 | 0.1 | −0 | 0.4 | 0.2 | 0 | 1.3 | 0.3 | −0.2 | 0 | 1.7 | 0.3 | 0.3 | 0.2 |
| Net profit | 1 | 1.6 | 1.3 | 1 | 1.4 | 0.5 | 0.7 | 1.6 | 1.2 | 2.2 | 1 | 0.8 | 0.7 | 1.4 | 0.5 | 2.5 | 0.8 | 0.2 | 1.9 | 2.8 | 2.5 |
| Net margin | 2.3% | 0.8% | 1.3% | 1.2% | 1.3% | 0.4% | 0.5% | 1.5% | 1.0% | 1.0% | 1.3% | 1.4% | 1.4% | 0.9% | 0.8% | 3.3% | 0.7% | 0.2% | 1.4% | 2.1% | 2.6% |
| EPS (₹) | 0.36 | 0.55 | 0.20 | 0.36 | 0.48 | 0.02 | 0.26 | 0.57 | 0.44 | 0.77 | 0.40 | 0.31 | 0.29 | 0.14 | 0.19 | 0.83 | 0.32 | 0.30 | 0.77 | 1.22 | 1.07 |
| Net profit YoY | −25.4% | +231.3% | +78.0% | −35.9% | +10.7% | −78.2% | −29.8% | +103.5% | +71.0% | +58.9% | +106.7% | −69.0% | −9.4% | +495.0% | −74.6% | −11.1% | −68.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 472 | 474 | 396 | 62.5 | 493 |
| Other income | 6.1 | 9.8 | 7 | 0.5 | 2.7 |
| Total expenses | 473 | 478 | 397 | 62.2 | 485 |
| EBITDA | 7.2 | 2.3 | 4.5 | 1.5 | 11.3 |
| EBITDA margin | 1.5% | 0.5% | 1.1% | 2.4% | 2.3% |
| Finance costs | 5 | 4 | 4.4 | 0.6 | 2 |
| Depreciation | 2.9 | 1.9 | 1.7 | 0.7 | 2 |
| Profit before tax | 5.4 | 6.1 | 5.3 | 0.7 | 10 |
| Tax | 1.4 | 2.1 | 0.7 | 0.3 | 2.5 |
| Net profit | 4 | 4 | 4.7 | 0.5 | 7.5 |
| Net margin | 0.8% | 0.8% | 1.2% | 0.8% | 1.5% |
| EPS (₹) | 1.39 | 1.84 | 1.84 | 0.19 | 2.72 |
| Net profit YoY | −1.4% | −14.1% | +847.1% | −93.4% | – |
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 | 10.1 | 9.7 | 7.9 | −39.1 | 18.6 |
| Investing cash flow | −12.4 | −5.9 | −7.3 | 11.1 | 24.4 |
| Financing cash flow | 2.2 | −3.8 | 4.1 | −22.5 | 4.4 |
| Capital expenditure | 12.4 | 0 | 0 | 1 | −2.2 |
| Free cash flow (CFO − capex) | −2.3 | 9.7 | 7.9 | −40.1 | 16.4 |
Net profit trend
annual, ₹ croreFY22
₹7.5
FY23
₹0.5−93%
FY24
₹4.7+847%
FY25
₹4−14%
FY26
₹4−1%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 30 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 11 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 31 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 14 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 14 Nov 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 56.2×59.2×
P/B5Y avg 1.04×1.92×
ROEFY26, on average equity2.7%
Net margin0.8%
Debt / equity0.33×
Revenue CAGR (3Y)96.3%
Profit CAGR (3Y)100.2%
EPS (TTM)₹1.72
Market cap₹289 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.92×
vs 8-point avg 1.04× (+84%)
0.58× low1.04× avg1.92× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹297 Cr+25%
Net worth₹150 Cr+9%
Total borrowings₹50 Cr+43%
Cash & bank balances₹1 Cr−5%
Investments₹2 Cr
Inventories₹42 Cr−9%
Trade receivables₹130 Cr+0%
Trade payables₹82 Cr+51%
Change vs the same date a year earlier.