Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 21 | 35.5 | 36.1 | 15.2 | 19.9 | 33.5 | 35.1 | 16.7 | 22.1 | 32.6 | 32.3 | 17.2 | 23.3 | 30.4 | 29 | 16.3 | 22.9 | 18.7 | 25.1 | 5.7 | 1.8 | 15.2 | 12.2 | 0 | 0 | 20.3 | 22 | 11.5 | 16.4 | 22.8 | 20.1 | 12.3 | 15 | 19.7 |
| Other income | 1 | 0.8 | 0.8 | 0.9 | 1 | 1.1 | 0.9 | 0.9 | 0.9 | 1 | 0.8 | 0.7 | 0.6 | 0.5 | 0.7 | 0.4 | 0.3 | 0.4 | 0.2 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.2 | 0.4 | 0.2 | 0.2 | 0.2 | 0.8 | 0.2 | 0.2 | 0.2 | 0.2 |
| Total expenses | 20.2 | 20.7 | 22.1 | 17.2 | 17.7 | 19.2 | 20 | 18.5 | 18.2 | 19.2 | 20.3 | 17.7 | 17.7 | 16.6 | 17.9 | 13.6 | 14.2 | 13.4 | 14.2 | 8.4 | 7.5 | 11.6 | 10.3 | 5.1 | 6.6 | 14.4 | 14.8 | 13.5 | 14.4 | 13.9 | 16.5 | 13.5 | 13.9 | 13.4 |
| EBITDA | 1.6 | 15.7 | 14.7 | −1.2 | 3 | 15.1 | 15.9 | −1 | 4.7 | 14.3 | 12.8 | 0.4 | 6.4 | 14.6 | 11.7 | 3.4 | 9.4 | 6 | 11.5 | −1.9 | −4.9 | 4.5 | 2.8 | −4.3 | −5.7 | 7.1 | 8.1 | −1 | 2.9 | 9.9 | 4.5 | −0.2 | 2 | 7.1 |
| EBITDA margin | 7.8% | 44.1% | 40.9% | -8.0% | 14.8% | 45.1% | 45.1% | -6.0% | 21.1% | 44.0% | 39.7% | 2.1% | 27.5% | 48.0% | 40.5% | 21.0% | 41.0% | 32.1% | 46.0% | -32.6% | -267.3% | 29.4% | 23.0% | -104329.3% | -98296.6% | 34.8% | 36.7% | -8.8% | 17.6% | 43.2% | 22.5% | -2.0% | 13.6% | 36.3% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 1.1 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 |
| Profit before tax | 1.8 | 15.5 | 14.1 | −1.1 | 3.2 | 15.4 | 16 | −0.9 | 4.7 | 14.4 | 12.7 | 0.2 | 6.2 | 14.4 | 11.8 | 3.2 | 9 | 5.7 | 11 | −2.6 | −5.4 | 3.9 | 2.1 | −5 | −6.4 | 6.3 | 7.3 | −1.7 | 2.2 | 9.8 | 3.8 | −1 | 1.3 | 6.4 |
| Tax | 0.5 | 3.7 | 3.3 | −0.1 | 0.8 | 3.9 | 4.1 | −0.3 | 1.1 | 3.8 | 3.4 | −0.3 | 1.6 | 3.5 | 3 | 1 | 2.3 | 0.6 | 3.6 | −0.6 | −1.3 | 1.1 | 0.5 | −1.2 | −1.7 | 1.7 | 1.1 | −0.3 | 0.3 | 2.9 | 1 | −0.2 | −1.2 | 2.2 |
| Net profit | 1.4 | 11.7 | 10.8 | −1 | 2.4 | 11.5 | 11.9 | −0.6 | 3.6 | 10.6 | 9.3 | 0.4 | 4.6 | 10.9 | 8.7 | 2.2 | 6.7 | 5.1 | 7.5 | −2 | −4.1 | 2.8 | 1.6 | −3.8 | −4.7 | 4.6 | 6.2 | −1.5 | 1.9 | 6.9 | 2.8 | −0.8 | 2.5 | 4.3 |
| Net margin | 6.6% | 33.0% | 29.9% | -6.4% | 11.8% | 34.2% | 33.9% | -3.4% | 16.4% | 32.5% | 28.8% | 2.6% | 19.8% | 35.9% | 30.2% | 13.3% | 29.5% | 27.1% | 29.7% | -34.2% | -222.4% | 18.7% | 13.2% | -92858.5% | -81643.1% | 22.9% | 28.3% | -12.8% | 11.5% | 30.1% | 13.9% | -6.5% | 16.7% | 21.6% |
| EPS (₹) | 0.15 | 1.27 | 1.17 | -0.11 | 0.25 | 1.24 | 1.29 | -0.06 | 0.39 | 1.15 | 2.01 | 0.09 | 1.00 | 2.37 | 1.89 | 0.47 | 1.46 | 1.10 | 1.61 | -0.42 | -0.88 | 0.61 | 0.34 | -0.83 | -1.02 | 1.00 | 1.35 | -0.32 | 0.41 | 1.49 | 0.60 | -0.17 | 0.54 | 0.92 |
| Net profit YoY | −41.0% | +2.1% | −9.5% | −73.1% | −34.9% | +8.3% | +28.0% | −226.1% | −21.6% | −3.1% | +6.4% | −79.4% | −31.7% | +115.5% | +17.2% | +211.3% | +265.7% | +78.1% | +362.5% | +48.6% | +14.0% | −38.5% | −74.1% | −158.3% | −351.4% | −32.8% | +123.1% | −83.0% | −24.8% | +61.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 107 | 107 | 105 | 98.6 | 51.3 | 27.5 | 70.1 | 70.3 | 18 |
| Other income | 3.5 | 3.8 | 3 | 2 | 0.9 | 0.7 | 1 | 1.4 | 0.5 |
| Total expenses | 77.7 | 75.9 | 74.9 | 62.3 | 43.5 | 33.6 | 57.1 | 57.8 | 12.2 |
| EBITDA | 32.2 | 34.6 | 33.9 | 39.2 | 10.8 | −2.7 | 17 | 16.2 | 6.7 |
| EBITDA margin | 30.1% | 32.2% | 32.2% | 39.7% | 21.0% | -9.8% | 24.2% | 23.0% | 37.5% |
| Finance costs | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0 |
| Depreciation | 3.1 | 3 | 3.3 | 2.6 | 2.9 | 3.3 | 3.7 | 3.7 | 0.9 |
| Profit before tax | 31.6 | 35.3 | 33.5 | 38.4 | 8.7 | −5.5 | 14.1 | 13.9 | 6.2 |
| Tax | 7.7 | 8.9 | 8.5 | 9.8 | 2.2 | −1.4 | 2.8 | 2.6 | 2.2 |
| Net profit | 23.9 | 26.4 | 25 | 28.6 | 6.5 | −4.1 | 11.3 | 11.4 | 4.1 |
| Net margin | 22.4% | 24.6% | 23.7% | 29.0% | 12.7% | -14.9% | 16.1% | 16.2% | 22.6% |
| EPS (₹) | 2.58 | 2.86 | 2.70 | 6.19 | 1.41 | -0.88 | 2.44 | 2.46 | 0.88 |
| Net profit YoY | −9.7% | +5.9% | −12.8% | +339.5% | +259.5% | −136.2% | −1.0% | +180.4% | – |
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 | 23.4 | 21.2 | 29.2 | 26 | 13 |
| Investing cash flow | −16.2 | 4.6 | −12.8 | −8.5 | −13.2 |
| Financing cash flow | −16.5 | −17.7 | −16.5 | −15.4 | −0.8 |
| Capital expenditure | 2.9 | 3.3 | 4.1 | 2.4 | 0.5 |
| Free cash flow (CFO − capex) | 20.5 | 17.9 | 25.2 | 23.6 | 12.6 |
Net profit trend
annual, ₹ croreFY21
₹−4.1
FY22
₹6.5+259%
FY23
₹28.6+340%
FY24
₹25−13%
FY25
₹26.4+6%
FY26
₹23.9−10%
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 | 23 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 23 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 8 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 2 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 23 May 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | – | PDF XBRL |
| Q3 FY25 | Standalone | 7 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 14 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 14 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 19.2×19.4×
P/B5Y avg 6.64×0.86×
ROEFY26, on average equity8.0%
Net margin22.4%
Debt / equity0.00×
Revenue CAGR (3Y)2.7%
Profit CAGR (3Y)-5.9%
EPS (TTM)₹2.48
Market cap₹443 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.86×
vs 8-point avg 6.64× (−87%)
0.85× low6.64× avg9.94× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹544 Cr+404%
Net worth₹515 Cr+533%
Total borrowings₹1 Cr+577%
Cash & bank balances₹2 Cr−85%
Investments₹40 Cr+165%
Inventories₹2 Cr−7%
Trade receivables₹1 Cr−4%
Trade payables₹2 Cr+5%
Change vs the same date a year earlier.