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 | 456 | 309 | 303 | 228 | 577 | 314 | 253 | 186 | 521 | 403 | 404 | 214 | 480 | 370 | 353 | 131 | 556 | 312 | 300 | 138 | 308 |
| Other income | 2.6 | 2.5 | 2.3 | 2.6 | 2.5 | 1.3 | 2.6 | 2.6 | 3.3 | 4.7 | 2.8 | 2.5 | 3 | 2.4 | 2.3 | 1.5 | 1.8 | 0.8 | 2.4 | 2.9 | 0.8 |
| Total expenses | 450 | 307 | 301 | 231 | 572 | 313 | 255 | 187 | 519 | 402 | 401 | 212 | 471 | 366 | 350 | 129 | 547 | 308 | 298 | 137 | 301 |
| EBITDA | 9.9 | 2.8 | 5.1 | 1 | 10.2 | 4.5 | 2.2 | 2.6 | 6.6 | 2.4 | 6 | 7.4 | 12.9 | 7.3 | 6.9 | 3.5 | 10.9 | 6.6 | 3.4 | 2.7 | 8.1 |
| EBITDA margin | 2.2% | 0.9% | 1.7% | 0.4% | 1.8% | 1.4% | 0.9% | 1.4% | 1.3% | 0.6% | 1.5% | 3.4% | 2.7% | 2.0% | 2.0% | 2.7% | 2.0% | 2.1% | 1.1% | 1.9% | 2.6% |
| Finance costs | 4.3 | 1.6 | 3.3 | 3.3 | 4.9 | 3.3 | 4.2 | 3.8 | 4.4 | 1.5 | 2.6 | 5.3 | 3.5 | 3.5 | 3.6 | 2.1 | 1.7 | 2.8 | 1.3 | 1.3 | 1 |
| Depreciation | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0 | 0.1 | 0.1 | 0 | 0 |
| Profit before tax | 8 | 3.5 | 3.9 | 0.1 | 7.7 | 2.4 | 0.5 | 1.4 | 5.4 | 5.5 | 6 | 4.5 | 12.3 | 6 | 5.5 | 2.6 | 10.9 | 4.4 | 4.3 | 4.2 | 7.9 |
| Tax | 2 | 1 | 1 | 0 | 1.9 | 0.8 | 0.1 | 0.3 | 1.4 | 1.6 | 1.5 | 1.1 | 3.1 | 1.6 | 1.4 | 0.7 | 2.7 | 1.3 | 1.1 | 1 | 2 |
| Net profit | 6 | 2.5 | 2.9 | 0.1 | 5.7 | 1.6 | 0.4 | 1 | 4 | 3.9 | 4.5 | 3.4 | 9.2 | 4.4 | 4.1 | 2 | 8.1 | 3.2 | 3.3 | 3.2 | 5.9 |
| Net margin | 1.3% | 0.8% | 1.0% | 0.0% | 1.0% | 0.5% | 0.2% | 0.5% | 0.8% | 1.0% | 1.1% | 1.6% | 1.9% | 1.2% | 1.2% | 1.5% | 1.5% | 1.0% | 1.1% | 2.3% | 1.9% |
| EPS (₹) | 1.05 | 0.44 | 0.52 | 0.01 | 1.01 | 0.28 | 0.07 | 0.18 | 0.70 | 0.69 | 0.78 | 0.59 | 8.08 | 3.89 | 3.63 | 1.73 | 7.14 | 2.78 | 2.87 | 2.80 | 5.21 |
| Net profit YoY | +4.9% | +56.9% | +673.7% | −93.1% | +43.0% | −59.1% | −91.5% | −69.9% | −56.5% | −11.7% | +7.7% | +70.1% | +13.0% | +40.2% | +26.5% | −38.3% | +37.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 1,417 | 1,274 | 1,501 | 1,410 | 1,059 |
| Other income | 9.8 | 9.8 | 13 | 7.9 | 5.2 |
| Total expenses | 1,411 | 1,275 | 1,486 | 1,393 | 1,044 |
| EBITDA | 19.1 | 15.9 | 28.9 | 28.6 | 22.3 |
| EBITDA margin | 1.4% | 1.2% | 1.9% | 2.0% | 2.1% |
| Finance costs | 13 | 15.7 | 13.2 | 11 | 6.5 |
| Depreciation | 0.7 | 0.5 | 0.4 | 0.5 | 0.2 |
| Profit before tax | 15.3 | 9.6 | 28.3 | 25 | 20.8 |
| Tax | 4 | 2.6 | 7.4 | 6.4 | 5.3 |
| Net profit | 11.3 | 7 | 20.9 | 18.7 | 15.6 |
| Net margin | 0.8% | 0.5% | 1.4% | 1.3% | 1.5% |
| EPS (₹) | 1.99 | 1.23 | 3.67 | 16.39 | 13.67 |
| Net profit YoY | +61.7% | −66.6% | +12.0% | +20.0% | – |
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 | 15.6 | −120 | 191 | −44 | −63.5 |
| Investing cash flow | 9.2 | −11.1 | 10 | −8.2 | −8.1 |
| Financing cash flow | −35.3 | 119 | −223 | 106 | 131 |
| Capital expenditure | 0 | 0 | 0 | 0.3 | 0.6 |
| Free cash flow (CFO − capex) | 15.6 | −120 | 191 | −44.3 | −64.1 |
Net profit trend
annual, ₹ croreFY22
₹15.6
FY23
₹18.7+20%
FY24
₹20.9+12%
FY25
₹7−67%
FY26
₹11.3+62%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 8 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 16 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 8 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 17 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 12 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 12 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 10 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 9.6×6.5×
P/B5Y avg 1.76×0.63×
ROEFY26, on average equity10.0%
Net margin0.8%
Debt / equity1.66×
Revenue CAGR (3Y)0.1%
Profit CAGR (3Y)-15.4%
EPS (TTM)₹2.02
Market cap₹75 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.63×
vs 8-point avg 1.76× (−64%)
0.41× low1.76× avg2.79× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹344 Cr−4%
Net worth₹119 Cr+11%
Total borrowings₹197 Cr−10%
Cash & bank balances₹127 Cr−8%
Investments₹3 Cr+5%
Inventories₹76 Cr−20%
Trade receivables₹92 Cr+28%
Trade payables₹13 Cr+745%
Change vs the same date a year earlier.