Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 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 | Q4 FY18 | Q1 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 572 | 480 | 567 | 1,147 | 248 | 1,777 | 832 | 545 | 191 | 854 | 602 | 616 | 298 | 798 | 462 | 535 | 695 | 1,381 | 804 | 504 | 129 | 1,137 | 459 | 277 | 31.4 | 1,435 | 509 | 659 | 492 | 877 | 2,021 | 548 |
| Other income | 103 | 119 | 97.2 | 121 | 86.9 | 99.6 | 84.4 | 86 | 80.4 | 88.5 | 87.6 | 78.3 | 107 | 37.2 | 36.5 | 45 | 36.8 | 28.7 | 34.7 | 20.3 | 27.6 | 25.2 | 54.5 | 10.8 | 31.2 | 32.4 | 33 | 25.1 | 25.5 | 56.9 | 30.2 | 22.1 |
| Total expenses | 510 | 445 | 561 | 980 | 312 | 1,498 | 724 | 464 | 260 | 555 | 500 | 500 | 348 | 630 | 392 | 463 | 678 | 998 | 540 | 462 | 184 | 824 | 445 | 247 | 169 | 1,067 | 479 | 523 | 399 | 788 | 1,655 | 442 |
| EBITDA | 83.1 | 55.2 | 26 | 188 | −45.4 | 299 | 127 | 98.8 | −52.3 | 316 | 119 | 134 | −32.6 | 183 | 88.9 | 93.9 | 42 | 404 | 290 | 66.1 | −33.7 | 344 | 39.7 | 52.2 | −119 | 405 | 53.4 | 158 | 112 | 120 | 385 | 124 |
| EBITDA margin | 14.5% | 11.5% | 4.6% | 16.3% | -18.3% | 16.8% | 15.2% | 18.1% | -27.4% | 37.0% | 19.7% | 21.8% | -11.0% | 23.0% | 19.3% | 17.5% | 6.0% | 29.3% | 36.0% | 13.1% | -26.2% | 30.3% | 8.7% | 18.8% | -377.1% | 28.2% | 10.5% | 23.9% | 22.7% | 13.7% | 19.1% | 22.5% |
| Finance costs | 0.6 | 0.7 | 0.7 | 1.3 | 0.7 | 0.7 | 0.7 | 0.7 | 1.2 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 2 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 1.2 | 1.2 | 1 | 0.9 | 1.6 | 1.4 | 1 | 1 |
| Depreciation | 20.2 | 19.8 | 19.3 | 19.1 | 17.7 | 19.7 | 17.7 | 17.7 | 15.7 | 16.3 | 16.5 | 17.4 | 16.9 | 13.9 | 18.6 | 21.3 | 23.4 | 20.6 | 24.8 | 23.7 | 21.2 | 30.8 | 24.8 | 21.4 | 17.5 | 35.5 | 22.8 | 20.8 | 17.3 | 30.1 | 18.2 | 16.2 |
| Profit before tax | 166 | 154 | 103 | 288 | 23.1 | 378 | 193 | 166 | 11.2 | 388 | 189 | 194 | 57.1 | 206 | 106 | 117 | 53.3 | 378 | 299 | 61.8 | −28.2 | 338 | 68.5 | 40.6 | −106 | 400 | 62.6 | 161 | 118 | 146 | 396 | 128 |
| Tax | 46.8 | 40.7 | 30.3 | 71.7 | 4.8 | 160 | 45.8 | 43.9 | 4 | 99.1 | 54.1 | 47 | 15.3 | 53.1 | 22.2 | 40.9 | 13.5 | 113 | 85.3 | 18.5 | −7.2 | 77.4 | 19.4 | 14.4 | −28 | 90.7 | 9.4 | 54.7 | 52.7 | 21.6 | 59.8 | 46.6 |
| Net profit | 119 | 113 | 72.9 | 216 | 18.3 | 218 | 147 | 123 | 7.2 | 289 | 135 | 147 | 41.8 | 153 | 83.7 | 75.8 | 39.9 | 264 | 213 | 43.3 | −21 | 260 | 49.2 | 26.2 | −78 | 310 | 53.2 | 106 | 65.5 | 124 | 337 | 81.8 |
| Net margin | 20.8% | 23.6% | 12.9% | 18.8% | 7.4% | 12.3% | 17.7% | 22.5% | 3.8% | 33.8% | 22.4% | 23.9% | 14.0% | 19.1% | 18.1% | 14.2% | 5.7% | 19.1% | 26.5% | 8.6% | -16.3% | 22.9% | 10.7% | 9.5% | -248.2% | 21.6% | 10.5% | 16.1% | 13.3% | 14.2% | 16.7% | 14.9% |
| EPS (₹) | 3.24 | 3.09 | 1.99 | 5.89 | 0.50 | 7.44 | 4.01 | 3.34 | 0.20 | 7.88 | 7.37 | 8.03 | 2.28 | 8.33 | 4.57 | 4.14 | 2.17 | 14.42 | 11.64 | 2.36 | -1.14 | 14.21 | 2.68 | 1.43 | -4.26 | 16.90 | 2.90 | 5.80 | 3.58 | 6.77 | 18.37 | 4.46 |
| Net profit YoY | +547.4% | −48.0% | −50.4% | +76.2% | +154.3% | −24.6% | +9.0% | −16.7% | −82.7% | +89.0% | +61.2% | +94.0% | +4.9% | −42.2% | −60.7% | +75.3% | +290.2% | +1.5% | +333.5% | +64.8% | +73.2% | −15.9% | −7.5% | −75.3% | −219.1% | +149.5% | – | – | – | −63.1% | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,442 | 3,345 | 2,369 | 2,489 | 2,817 | 1,914 | 3,095 | 3,069 | 4,588 |
| Other income | 424 | 350 | 362 | 155 | 111 | 94.6 | 116 | 136 | 173 |
| Total expenses | 2,298 | 2,947 | 1,903 | 2,163 | 2,185 | 1,667 | 2,469 | 2,534 | 3,986 |
| EBITDA | 223 | 472 | 537 | 408 | 726 | 345 | 728 | 622 | 668 |
| EBITDA margin | 9.1% | 14.1% | 22.6% | 16.4% | 25.8% | 18.0% | 23.5% | 20.3% | 14.6% |
| Finance costs | 3.4 | 3.3 | 3.1 | 4.5 | 3.4 | 3.9 | 4.7 | 4.2 | 3.3 |
| Depreciation | 75.9 | 70.7 | 67 | 77.3 | 90.4 | 94.5 | 96.4 | 82.5 | 63.5 |
| Profit before tax | 568 | 749 | 828 | 482 | 710 | 341 | 742 | 671 | 774 |
| Tax | 147 | 199 | 216 | 130 | 210 | 83.1 | 208 | 249 | 246 |
| Net profit | 420 | 550 | 613 | 352 | 500 | 258 | 535 | 423 | 528 |
| Net margin | 17.2% | 16.4% | 25.9% | 14.1% | 17.7% | 13.5% | 17.3% | 13.8% | 11.5% |
| EPS (₹) | 11.47 | 14.99 | 16.72 | 19.22 | 27.28 | 14.06 | 29.18 | 23.06 | 26.65 |
| Net profit YoY | −23.5% | −10.3% | +74.0% | −29.6% | +93.9% | −51.8% | +26.6% | −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 | 604 | 167 | 412 | 2,130 | 530 |
| Investing cash flow | 320 | −407 | −722 | −1,171 | −573 |
| Financing cash flow | −194 | −220 | −148 | −171 | −149 |
| Capital expenditure | 217 | 108 | 80.7 | 108 | 101 |
| Free cash flow (CFO − capex) | 387 | 59.3 | 331 | 2,022 | 429 |
Net profit trend
annual, ₹ croreFY21
₹258
FY22
₹500+94%
FY23
₹352−30%
FY24
₹613+74%
FY25
₹550−10%
FY26
₹420−24%
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 | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | – | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 27 May 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)80.2×
P/B9.85×
ROEFY26, on average equity10.2%
Net margin17.2%
Debt / equity0.00×
Revenue CAGR (3Y)-0.6%
Profit CAGR (3Y)6.1%
EPS (TTM)₹14.21
Market cap₹41,788 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₹14,261 Cr+21%
Net worth₹4,241 Cr+6%
Total borrowings₹0 Cr
Cash & bank balances₹863 Cr+545%
Investments₹4 Cr+0%
Inventories₹4,626 Cr+75%
Trade receivables₹423 Cr−49%
Trade payables₹2,835 Cr+88%
Change vs the same date a year earlier.