Quarterly results
consolidated · 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 | 2,357 | 2,594 | 1,725 | 2,294 | 1,719 | 1,705 | 1,707 | 1,750 | 1,601 | 1,837 | 1,873 | 1,235 | 2,101 | 2,154 | 2,087 | 2,151 | 2,235 | 2,104 | 1,214 | 635 | 678 | 1,011 | 1,546 | 650 | 636 | 1,242 | 2,169 | 1,818 | 1,955 | 1,853 | 1,320 | 1,426 | 1,017 | 1,252 |
| Other income | 106 | 87.3 | 80.7 | 96 | 62.5 | 65.4 | 60 | 39.5 | 43.5 | 63.2 | 44.6 | 44.4 | 37.4 | 63.7 | 19.2 | 18 | 86.1 | 13.5 | 8.1 | 9.2 | 8 | 14.9 | 10.4 | 6.6 | 5 | 19.5 | 4.6 | 2.6 | 6.2 | 3.7 | 1.2 | 2.1 | 1.2 | 4 |
| Total expenses | 1,744 | 2,086 | 1,507 | 2,080 | 1,554 | 1,389 | 1,563 | 1,594 | 1,437 | 1,593 | 1,726 | 1,087 | 1,968 | 2,006 | 1,932 | 2,041 | 2,190 | 1,991 | 1,090 | 521 | 596 | 934 | 1,450 | 570 | 591 | 1,175 | 2,086 | 1,870 | 1,878 | 1,770 | 1,246 | 1,357 | 949 | 1,199 |
| EBITDA | 714 | 624 | 297 | 291 | 240 | 409 | 233 | 224 | 232 | 307 | 212 | 208 | 196 | 203 | 216 | 169 | 84.5 | 143 | 149 | 137 | 105 | 100 | 118 | 102 | 67.4 | 93 | 110 | −28.1 | 102 | 103 | 92.6 | 88.7 | 86.4 | 69.9 |
| EBITDA margin | 30.3% | 24.1% | 17.2% | 12.7% | 14.0% | 24.0% | 13.6% | 12.8% | 14.5% | 16.7% | 11.3% | 16.9% | 9.3% | 9.4% | 10.4% | 7.8% | 3.8% | 6.8% | 12.3% | 21.6% | 15.5% | 9.9% | 7.6% | 15.7% | 10.6% | 7.5% | 5.1% | -1.5% | 5.2% | 5.6% | 7.0% | 6.2% | 8.5% | 5.6% |
| Finance costs | 47.7 | 63.1 | 25.7 | 24.3 | 32.8 | 52.5 | 51.4 | 30 | 31.3 | 29.2 | 30.2 | 26.6 | 29.8 | 25.4 | 27.2 | 25.4 | 10.3 | 9.8 | 4.4 | 3.6 | 4.1 | 4.5 | 4.1 | 4.1 | 4.7 | 7.9 | 9.4 | 7.4 | 8.5 | 7.2 | 5.1 | 7.3 | 6.5 | 3.6 |
| Depreciation | 52.9 | 52.7 | 52.8 | 52.2 | 41.7 | 40.7 | 37.3 | 37.4 | 36.8 | 33.4 | 34.5 | 34.1 | 33.3 | 29.2 | 34.4 | 33.4 | 28.9 | 21.1 | 20.6 | 18.9 | 18.7 | 18.2 | 17.9 | 18 | 17.6 | 18.7 | 17.2 | 17 | 15.9 | 13.1 | 12.9 | 12.5 | 12.1 | 13.3 |
| Profit before tax | 719 | 596 | 299 | 310 | 228 | 381 | 204 | 196 | 208 | 307 | 192 | 192 | 170 | 212 | 174 | 128 | 131 | 126 | 132 | 124 | 90.3 | 92.4 | 106 | 86.8 | 50.1 | 86 | 87.6 | −49.9 | 83.9 | 86.5 | 75.8 | 71 | 69 | 57 |
| Tax | 174 | 141 | 66.8 | 66.2 | 52.5 | 63.2 | 44.6 | 44 | 49.6 | 70 | 39.6 | 42 | 37.5 | 52.4 | 30.9 | 26.8 | 24 | 23.6 | 22.8 | 22.6 | 18.1 | 22.5 | 28 | 22.7 | 13.3 | 39.4 | 28.4 | −15.7 | 21.5 | 16.3 | 10.6 | 13.5 | 9.8 | 2.4 |
| Net profit | 545 | 455 | 233 | 244 | 175 | 318 | 160 | 152 | 158 | 237 | 152 | 150 | 133 | 159 | 143 | 101 | 107 | 102 | 109 | 101 | 72.2 | 70 | 78.2 | 64.2 | 36.8 | 46.6 | 59.2 | −34.2 | 62.3 | 70.2 | 65.2 | 57.5 | 59.2 | 54.6 |
| Net margin | 23.1% | 17.5% | 13.5% | 10.6% | 10.2% | 18.6% | 9.3% | 8.7% | 9.9% | 12.9% | 8.1% | 12.1% | 6.3% | 7.4% | 6.8% | 4.7% | 4.8% | 4.9% | 9.0% | 16.0% | 10.6% | 6.9% | 5.1% | 9.9% | 5.8% | 3.8% | 2.7% | -1.9% | 3.2% | 3.8% | 4.9% | 4.0% | 5.8% | 4.4% |
| EPS (₹) | 13.80 | 11.69 | 5.04 | 5.12 | 3.74 | 8.02 | 3.54 | 3.59 | 3.75 | 5.59 | 3.71 | 3.62 | 3.30 | 4.01 | 3.57 | 2.66 | 2.95 | 2.70 | 2.90 | 2.69 | 1.90 | 1.87 | 2.06 | 1.66 | 0.88 | 1.00 | 1.47 | -1.22 | 1.71 | 2.11 | 1.77 | 1.46 | 1.55 | 1.62 |
| Net profit YoY | +210.7% | +43.0% | +45.8% | +60.5% | +10.9% | +33.9% | +4.8% | +1.3% | +19.1% | +48.9% | +6.6% | +48.4% | +23.5% | +56.0% | +30.7% | −0.3% | +48.8% | +45.9% | +39.7% | +57.9% | +96.0% | +50.2% | +32.0% | +287.9% | −40.9% | −33.7% | −9.2% | −159.4% | +5.3% | +28.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 8,333 | 6,764 | 7,046 | 8,627 | 4,631 | 3,843 | 7,183 | 5,616 | 4,791 |
| Other income | 327 | 208 | 190 | 187 | 38.7 | 36.9 | 32.8 | 8.2 | 8.4 |
| Total expenses | 7,227 | 5,983 | 6,374 | 8,169 | 4,198 | 3,545 | 7,009 | 5,322 | 4,574 |
| EBITDA | 1,452 | 1,098 | 923 | 672 | 534 | 388 | 277 | 371 | 266 |
| EBITDA margin | 17.4% | 16.2% | 13.1% | 7.8% | 11.5% | 10.1% | 3.8% | 6.6% | 5.6% |
| Finance costs | 146 | 165 | 116 | 88.2 | 21.8 | 17.3 | 33.1 | 26.2 | 15.2 |
| Depreciation | 199 | 152 | 135 | 126 | 79.4 | 71.6 | 68.7 | 50.5 | 34.3 |
| Profit before tax | 1,433 | 989 | 861 | 645 | 472 | 336 | 208 | 302 | 225 |
| Tax | 327 | 201 | 189 | 134 | 87.1 | 86.4 | 73.6 | 50.2 | 11 |
| Net profit | 1,107 | 787 | 672 | 511 | 385 | 249 | 134 | 252 | 214 |
| Net margin | 13.3% | 11.6% | 9.5% | 5.9% | 8.3% | 6.5% | 1.9% | 4.5% | 4.5% |
| EPS (₹) | 25.59 | 18.90 | 16.22 | 13.19 | 10.19 | 6.49 | 2.94 | 7.55 | 6.38 |
| Net profit YoY | +40.5% | +17.1% | +31.6% | +32.7% | +54.5% | +86.0% | −46.9% | +17.9% | – |
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 | 2,028 | 558 | 656 | 358 | 263 |
| Investing cash flow | −2,533 | −1,463 | −712 | −931 | −162 |
| Financing cash flow | 1,606 | 1,283 | 256 | 1,311 | −304 |
| Capital expenditure | 821 | 945 | 616 | 538 | 393 |
| Free cash flow (CFO − capex) | 1,207 | −387 | 39.1 | −180 | −130 |
Net profit trend
annual, ₹ croreFY21
₹249
FY22
₹385+54%
FY23
₹511+33%
FY24
₹672+32%
FY25
₹787+17%
FY26
₹1,107+41%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 6 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 30 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 30 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 7 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 7 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 26.1×32.5×
P/B5Y avg 4.30×7.92×
ROEFY26, on average equity20.7%
Net margin13.3%
Debt / equity0.40×
Revenue CAGR (3Y)-1.1%
Profit CAGR (3Y)29.4%
EPS (TTM)₹42.05
Market cap₹47,926 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
7.92×
vs 8-point avg 4.30× (+84%)
2.86× low4.30× avg7.92× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹14,491 Cr+29%
Net worth₹6,055 Cr+31%
Total borrowings₹2,417 Cr−16%
Cash & bank balances₹2,512 Cr+78%
Investments₹1,745 Cr+17449000%
Inventories₹129 Cr−30%
Trade receivables₹481 Cr−31%
Trade payables₹707 Cr+59%
Change vs the same date a year earlier.
Revenue mix FY26
Gas Terminal Division92.3%result ₹997 Cr
Liquid Terminal Division7.7%result ₹371 Cr
Segment revenue as reported, before inter-segment eliminations.