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 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3,740 | 3,603 | 3,737 | 4,001 | 3,371 | 3,144 | 3,374 | 3,415 | 3,032 | 2,936 | 3,324 | 3,440 | 2,968 | 2,903 | 3,041 | 3,079 | 2,484 | 2,619 | 2,800 | 2,731 | 2,318 | 2,363 | 2,003 | 2,049 | 2,182 | 2,264 | 1,850 | 1,854 | 1,925 | 1,919 | 1,513 |
| Other income | 153 | 200 | 143 | 104 | 136 | 146 | 93 | 134 | 120 | 88.2 | 93.6 | 63.2 | 65.8 | 68.7 | 45.3 | 50.7 | 20.5 | 53.5 | 42 | 46.7 | 96.4 | 35.5 | 43.5 | 27.5 | 27.9 | 31.4 | 17.5 | 27.7 | 9.4 | 24 | 17.9 |
| Total expenses | 3,121 | 3,246 | 3,046 | 3,209 | 2,750 | 2,893 | 2,736 | 2,769 | 2,533 | 2,644 | 2,711 | 2,798 | 2,681 | 2,657 | 2,547 | 2,728 | 2,247 | 2,209 | 2,260 | 2,222 | 1,871 | 1,851 | 1,554 | 1,841 | 1,805 | 1,886 | 1,657 | 1,683 | 1,676 | 1,617 | 1,450 |
| EBITDA | 766 | 517 | 828 | 921 | 739 | 391 | 759 | 753 | 609 | 402 | 708 | 747 | 389 | 353 | 599 | 454 | 337 | 498 | 624 | 593 | 529 | 600 | 533 | 303 | 453 | 453 | 265 | 235 | 312 | 364 | 114 |
| EBITDA margin | 20.5% | 14.4% | 22.2% | 23.0% | 21.9% | 12.4% | 22.5% | 22.0% | 20.1% | 13.7% | 21.3% | 21.7% | 13.1% | 12.2% | 19.7% | 14.7% | 13.6% | 19.0% | 22.3% | 21.7% | 22.8% | 25.4% | 26.6% | 14.8% | 20.8% | 20.0% | 14.3% | 12.7% | 16.2% | 19.0% | 7.5% |
| Finance costs | 46.6 | 53.9 | 42.1 | 35 | 29.8 | 28.4 | 36 | 28.1 | 29.1 | 26.9 | 25.5 | 30.3 | 29.8 | 29 | 27.1 | 24.9 | 17 | 10.6 | 12 | 12.9 | 13.1 | 18 | 17.1 | 14.2 | 17 | 17.8 | 16.1 | 6.6 | 15.4 | 16.4 | 10.4 |
| Depreciation | 100 | 106 | 95 | 93.6 | 87.7 | 112 | 85.3 | 78.9 | 80.5 | 83.4 | 69.6 | 73.9 | 72.4 | 78.3 | 78.4 | 77.4 | 83.1 | 77.5 | 72.8 | 70.5 | 69 | 70.2 | 66.8 | 81.1 | 59.5 | 56.4 | 55.8 | 57.3 | 47.7 | 45.8 | 40.3 |
| Profit before tax | 772 | 423 | 781 | 896 | 771 | 396 | 731 | 780 | 619 | 367 | 655 | 648 | 353 | 212 | 539 | 402 | 243 | 464 | 582 | 556 | 543 | 548 | 493 | 235 | 405 | 410 | 210 | 199 | 258 | 326 | 80.9 |
| Tax | 251 | 171 | 128 | 116 | 103 | 73.3 | 90.3 | 78.3 | 69.1 | 62.9 | 50.6 | 33.2 | 65 | 144 | 78.9 | 54.6 | 134 | −69.4 | 23 | 75.9 | 79.6 | 66.2 | 69.6 | 43.8 | 14.7 | 29.3 | 22.7 | 28.3 | 52.6 | 65.6 | 14.5 |
| Net profit | 521 | 251 | 653 | 779 | 668 | 322 | 641 | 702 | 550 | 304 | 604 | 615 | 288 | 67.7 | 460 | 348 | 108 | 533 | 559 | 480 | 464 | 482 | 423 | 192 | 390 | 381 | 187 | 171 | 205 | 260 | 66.3 |
| Net margin | 13.9% | 7.0% | 17.5% | 19.5% | 19.8% | 10.3% | 19.0% | 20.6% | 18.1% | 10.4% | 18.2% | 17.9% | 9.7% | 2.3% | 15.1% | 11.3% | 4.4% | 20.4% | 19.9% | 17.6% | 20.0% | 20.4% | 21.1% | 9.3% | 17.9% | 16.8% | 10.1% | 9.2% | 10.7% | 13.6% | 4.4% |
| EPS (₹) | 43.49 | 19.77 | 53.19 | 63.99 | 55.56 | 25.57 | 52.34 | 57.60 | 45.60 | 24.55 | 49.76 | 51.90 | 23.98 | 5.94 | 38.03 | 27.67 | 9.00 | 43.96 | 45.52 | 39.15 | 37.72 | 39.48 | 35.30 | 15.79 | 31.95 | 31.02 | 15.51 | 14.00 | 16.94 | 21.28 | 5.61 |
| Net profit YoY | −22.0% | −22.1% | +1.9% | +11.0% | +21.4% | +5.9% | +6.0% | +14.2% | +91.2% | +349.9% | +31.4% | +76.8% | – | −37.5% | −13.8% | −37.7% | – | +15.0% | +16.0% | +13.5% | +18.9% | +26.5% | +126.0% | +12.3% | +89.8% | +46.1% | – | +157.0% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 14,712 | 12,965 | 12,668 | 11,599 | 10,634 | 8,344 | 7,357 | 6,431 |
| Other income | 583 | 494 | 311 | 216 | 163 | 104 | 87.7 | 96 |
| Total expenses | 12,250 | 10,931 | 10,834 | 10,408 | 8,938 | 7,189 | 6,490 | 5,601 |
| EBITDA | 3,005 | 2,512 | 2,245 | 1,609 | 2,053 | 1,473 | 1,115 | 1,028 |
| EBITDA margin | 20.4% | 19.4% | 17.7% | 13.9% | 19.3% | 17.7% | 15.2% | 16.0% |
| Finance costs | 161 | 122 | 112 | 107 | 52.4 | 65.1 | 54.6 | 55.3 |
| Depreciation | 382 | 357 | 299 | 310 | 304 | 253 | 193 | 143 |
| Profit before tax | 2,871 | 2,527 | 2,023 | 1,305 | 1,844 | 1,260 | 955 | 926 |
| Tax | 518 | 311 | 212 | 298 | 164 | 110 | 181 | 288 |
| Net profit | 2,351 | 2,215 | 1,811 | 1,007 | 1,680 | 1,149 | 774 | 638 |
| Net margin | 16.0% | 17.1% | 14.3% | 8.7% | 15.8% | 13.8% | 10.5% | 9.9% |
| EPS (₹) | 192.51 | 181.11 | 150.19 | 82.31 | 137.63 | 94.26 | 63.61 | 52.77 |
| Net profit YoY | +6.1% | +22.3% | +79.9% | −40.1% | – | +48.6% | +21.2% | – |
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 | 1,963 | 1,913 | 1,948 | 1,683 | 1,111 |
| Investing cash flow | −1,667 | −1,299 | −1,009 | 113 | −1,435 |
| Financing cash flow | −503 | −811 | −1,145 | −1,761 | 380 |
| Capital expenditure | 617 | 676 | 259 | 233 | 339 |
| Free cash flow (CFO − capex) | 1,346 | 1,237 | 1,689 | 1,450 | 772 |
Net profit trend
annual, ₹ croreFY20
₹1,149
FY22
₹1,680+46%
FY23
₹1,007−40%
FY24
₹1,811+80%
FY25
₹2,215+22%
FY26
₹2,351+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 | 28 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 12 Aug 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)28.6×
P/B4.56×
ROEFY26, on average equity18.2%
Net margin16.0%
Debt / equity0.12×
Revenue CAGR (3Y)8.2%
Profit CAGR (3Y)32.7%
EPS (TTM)₹184.38
Market cap₹63,051 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹20,873 Cr+18%
Net worth₹13,820 Cr+15%
Total borrowings₹1,624 Cr+53%
Cash & bank balances₹248 Cr−18%
Investments₹1,869 Cr+1%
Inventories₹3,333 Cr+14%
Trade receivables₹2,979 Cr+21%
Trade payables₹2,244 Cr+22%
Change vs the same date a year earlier.