Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY21
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 77.9 | 48.8 | 49 | 57 | 50.8 | 46.3 | 51.8 | 76.4 | 72.8 | 63.7 | 72.7 | 56 | 42.8 | 29.3 | 33.5 | 39.9 | 34.8 | 43.9 | 48.2 | 40 | 37.5 | 38.4 |
| Other income | 0.1 | 0.1 | 0.1 | 0.3 | 0 | 0.5 | 0.2 | 0 | 0 | 0.2 | 0 | 0.1 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0.2 | 0.1 | 0 | 0 | 0.4 |
| Total expenses | 50.9 | 47 | 42.2 | 40.1 | 35.2 | 35.3 | 40.7 | 52.4 | 48.8 | 31.5 | 47.9 | 37.3 | 28.2 | 26.5 | 24.1 | 24.4 | 24 | 26 | 31.8 | 24.5 | 22.7 | 24.5 |
| EBITDA | 35.4 | 7.9 | 13.9 | 24 | 20.3 | 15.8 | 16.6 | 30.7 | 29.9 | 36.9 | 29.5 | 21.4 | 17.4 | 5.8 | 12.6 | 18 | 13.1 | 20.2 | 18.3 | 17.1 | 16.2 | 15.2 |
| EBITDA margin | 45.4% | 16.2% | 28.4% | 42.2% | 40.0% | 34.2% | 32.1% | 40.1% | 41.1% | 57.9% | 40.6% | 38.2% | 40.6% | 19.9% | 37.4% | 45.0% | 37.6% | 45.9% | 38.0% | 42.7% | 43.1% | 39.7% |
| Finance costs | 7.4 | 5.2 | 6.2 | 6.3 | 3.9 | 4 | 4.8 | 5.9 | 5.2 | 4.1 | 4.2 | 2.1 | 2.2 | 2.5 | 2.6 | 2 | 2 | 2 | 1.6 | 1.3 | 1.1 | 1.1 |
| Depreciation | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Profit before tax | 27.2 | 2.3 | 6.9 | 17.2 | 15.6 | 10.5 | 14.5 | 24 | 24 | 32.4 | 24.8 | 18.7 | 14.8 | 2.8 | 9.4 | 16 | 10.8 | 18.1 | 16 | 15.5 | 14.9 | 14.7 |
| Tax | 6.7 | 1 | 1.9 | 3.9 | 3.6 | 2.8 | 4 | 5.5 | 6.3 | 8 | 6.1 | 4.4 | 3.7 | 0.8 | 2.7 | 3.6 | 3.2 | 5.2 | 3.2 | 3.2 | 3.3 | 1.9 |
| Net profit | 21.5 | 1.3 | 5.2 | 13.1 | 12.7 | 7.7 | 12.3 | 19.9 | 18.8 | 24.7 | 19.6 | 14.7 | 11.6 | 2 | 7.2 | 12.6 | 7.4 | 12.9 | 13.1 | 12.5 | 11.9 | 12.7 |
| Net margin | 27.6% | 2.6% | 10.6% | 23.0% | 25.0% | 16.6% | 23.7% | 26.1% | 25.8% | 38.8% | 27.0% | 26.2% | 27.1% | 6.7% | 21.3% | 31.4% | 21.4% | 29.3% | 27.2% | 31.2% | 31.7% | 33.2% |
| EPS (₹) | 1.96 | 0.00 | 0.49 | 1.26 | 1.22 | 0.74 | 1.18 | 1.92 | 1.81 | 2.37 | 1.88 | 1.41 | 1.11 | 0.19 | 0.69 | 1.21 | 0.72 | 6.18 | 6.29 | 6.00 | 5.72 | 6.12 |
| Net profit YoY | +69.2% | −83.4% | −57.7% | −34.4% | −32.5% | −68.9% | −37.4% | +35.8% | +62.5% | +1165.9% | +173.5% | +17.0% | +55.4% | −84.8% | −45.4% | +0.5% | −37.4% | +0.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue from operations | 206 | 247 | 235 | 138 | 170 | 116 |
| Other income | 0.5 | 0.7 | 0.5 | 0.2 | 0.3 | 0.5 |
| Total expenses | 165 | 177 | 145 | 99 | 105 | 72.9 |
| EBITDA | 66.8 | 93 | 105 | 49.5 | 71.8 | 47.5 |
| EBITDA margin | 32.4% | 37.6% | 44.7% | 36.0% | 42.3% | 41.1% |
| Finance costs | 21.6 | 19.9 | 12.6 | 9 | 6 | 3.4 |
| Depreciation | 3.5 | 3 | 2.4 | 1.9 | 1.2 | 1.3 |
| Profit before tax | 41.8 | 77.3 | 90.6 | 39.1 | 64.4 | 43.6 |
| Tax | 10.4 | 18.6 | 22.2 | 10.3 | 14.9 | 9.1 |
| Net profit | 31.5 | 58.7 | 70.5 | 29.1 | 50.4 | 34.7 |
| Net margin | 15.3% | 23.7% | 30.0% | 21.2% | 29.7% | 30.0% |
| EPS (₹) | 0.00 | 5.64 | 6.77 | 2.80 | 24.19 | 16.65 |
| Net profit YoY | −46.4% | −16.7% | +142.2% | −42.2% | +45.2% | – |
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 | −122 | 31.6 | −29.6 | 14.7 | −17.4 |
| Investing cash flow | −22.2 | −21 | 6.2 | −0.2 | 12.4 |
| Financing cash flow | 153 | −14.4 | 27.4 | −31.8 | 17.8 |
| Capital expenditure | 4.1 | 16.8 | 3.1 | 0 | 0 |
| Free cash flow (CFO − capex) | −126 | 14.8 | −32.7 | 14.7 | −17.4 |
Net profit trend
annual, ₹ croreFY21
₹34.7
FY22
₹50.4+45%
FY23
₹29.1−42%
FY24
₹70.5+142%
FY25
₹58.7−17%
FY26
₹31.5−46%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 24 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 24 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 21 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 21 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 9 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 9 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 6 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 6 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 7 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 0.0×0.0×
P/B5Y avg 0.00×0.00×
ROEFY26, on average equity7.6%
Net margin15.3%
Debt / equity0.49×
Revenue CAGR (3Y)14.4%
Profit CAGR (3Y)2.6%
EPS (TTM)₹4102.78
Market cap₹1 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.00×
vs 10-point avg 0.00× (−2%)
0.00× low0.00× avg0.00× high
History points are balance-sheet dates (2021 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,098 Cr+40%
Net worth₹441 Cr+15%
Total borrowings₹215 Cr+200%
Cash & bank balances₹29 Cr+43%
Investments₹36 Cr+52%
Inventories₹0 Cr
Trade receivables₹98 Cr+2%
Change vs the same date a year earlier.
Revenue mix FY26
Broking & Related Activities97.3%result ₹59.1 Cr
Financing Activities2.7%result ₹4.4 Cr
Segment revenue as reported, before inter-segment eliminations.