Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 30.1 | 35 | 39 | 23.4 | 18.2 | 40.2 | 16.9 | 14 | 18 | 21.9 | 12.9 | 13 | 16.2 | 22 |
| Other income | 1.5 | 1.1 | 0.6 | 1 | 0.8 | −0.9 | 0.8 | 0.8 | 0 | 0.1 | 0 | 0 | 0 | 0.1 |
| Total expenses | 29.8 | 33 | 36.3 | 20.2 | 17.4 | 36.3 | 15.1 | 12.2 | 18.9 | 20.8 | 12.2 | 11.5 | 14.5 | 17.5 |
| EBITDA | 2.6 | 4.8 | 4.1 | 3.9 | 1.7 | 4.7 | 2.5 | 2.4 | −0.6 | 1.4 | 1 | 1.6 | 1.8 | 4.6 |
| EBITDA margin | 8.6% | 13.9% | 10.5% | 16.7% | 9.5% | 11.8% | 14.7% | 17.1% | -3.4% | 6.3% | 7.4% | 12.6% | 11.1% | 21.0% |
| Finance costs | 1.3 | 1.2 | 0.8 | 0.6 | 0.9 | 0.7 | 0.6 | 0.5 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 |
| Depreciation | 0.9 | 1.7 | 0.6 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 |
| Profit before tax | 1.8 | 3.2 | 3.2 | 4.2 | 1.5 | 3 | 2.6 | 2.7 | −0.9 | 1.2 | 0.7 | 1.5 | 1.7 | 4.6 |
| Tax | 1 | 1.1 | 0.8 | 1.2 | 0.5 | 1.1 | 0.8 | 0.4 | 0.1 | 0.1 | 0.4 | 0.5 | 0.4 | 1.3 |
| Net profit | 0.8 | 2.1 | 2.3 | 3.1 | 1.1 | 1.9 | 1.8 | 2.3 | −1 | 1.1 | 0.3 | 1 | 1.3 | 3.3 |
| Net margin | 2.6% | 6.0% | 6.0% | 13.0% | 5.9% | 4.7% | 10.7% | 16.1% | -5.6% | 4.9% | 2.2% | 7.5% | 7.8% | 14.9% |
| EPS (₹) | 0.04 | 0.11 | 0.13 | 0.17 | 0.06 | 0.15 | 0.14 | 0.18 | -0.28 | 0.85 | 0.22 | 0.78 | 1.01 | 2.61 |
| Net profit YoY | −26.6% | +11.5% | +29.4% | +35.6% | +205.2% | +76.3% | +546.6% | +130.4% | −180.3% | −67.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 116 | 89.1 | 64 | 42.6 |
| Other income | 3 | 0.7 | 0.1 | 0.2 |
| Total expenses | 107 | 82.5 | 59 | 38.3 |
| EBITDA | 14.1 | 9 | 5.8 | 5.1 |
| EBITDA margin | 12.2% | 10.1% | 9.0% | 12.0% |
| Finance costs | 3.5 | 2 | 0.6 | 0.6 |
| Depreciation | 2.5 | 0.3 | 0.2 | 0.2 |
| Profit before tax | 11.2 | 7.3 | 5.1 | 4.6 |
| Tax | 3.2 | 2.4 | 1.5 | 1.3 |
| Net profit | 8 | 4.9 | 3.5 | 3.3 |
| Net margin | 6.9% | 5.5% | 5.5% | 7.6% |
| EPS (₹) | 0.44 | 0.39 | 2.84 | 2.67 |
| Net profit YoY | +61.7% | +38.8% | +8.8% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | −36.7 | −14.3 | −2.5 | −6.9 |
| Investing cash flow | −10.5 | −0.1 | −0 | −0.1 |
| Financing cash flow | 49.9 | 14 | −1 | 10.4 |
| Capital expenditure | 9.2 | 0 | 0 | 0.1 |
| Free cash flow (CFO − capex) | −45.9 | −14.3 | −2.5 | −7 |
Net profit trend
annual, ₹ croreFY23
₹3.3
FY24
₹3.5+9%
FY25
₹4.9+39%
FY26
₹8+62%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 31 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 31 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 12 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 54.5×16.4×
P/B5Y avg 6.77×1.63×
ROEFY26, on average equity13.8%
Net margin6.9%
Debt / equity0.43×
Revenue CAGR (3Y)39.4%
Profit CAGR (3Y)34.7%
EPS (TTM)₹0.46
Market cap₹136 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.63×
vs 7-point avg 6.77× (−76%)
1.20× low6.77× avg12.20× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹169 Cr+84%
Net worth₹83 Cr+153%
Total borrowings₹35 Cr+69%
Cash & bank balances₹0 Cr−100%
Investments₹1 Cr+8458%
Inventories₹25 Cr+4%
Trade receivables₹26 Cr+13%
Trade payables₹34 Cr+38%
Change vs the same date a year earlier.