Quarterly results
standalone · 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 | 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 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 214 | 218 | 245 | 293 | 187 | 187 | 238 | 258 | 182 | 166 | 238 | 308 | 219 | 187 | 248 | 368 | 253 | 199 | 258 | 403 | 144 | 206 | 298 | 289 | 76.8 | 111 | 175 | 241 | 152 | 150 | 161 | 217 | 124 | 110 |
| Other income | 3.2 | 2.6 | 2.4 | 1.3 | 2 | 2.2 | 1.1 | 1.6 | 2 | 1.1 | 1.4 | 1.3 | 1.1 | 0.8 | 2 | 3.6 | 0.4 | 0.6 | 0.4 | 0.4 | 0.4 | 0.6 | 0.4 | 0.4 | 0.2 | 0.5 | 0.4 | 0.3 | 0.2 | 1 | 0.4 | 0.1 | 0.5 | 1.1 |
| Total expenses | 205 | 205 | 231 | 272 | 181 | 177 | 228 | 242 | 180 | 192 | 242 | 290 | 204 | 184 | 232 | 333 | 233 | 223 | 245 | 364 | 143 | 200 | 270 | 263 | 90.2 | 125 | 172 | 229 | 150 | 149 | 160 | 209 | 124 | 110 |
| EBITDA | 15 | 19.5 | 20.2 | 27.8 | 12.8 | 16.1 | 17.1 | 22.9 | 9.2 | −19.8 | 2.4 | 25.1 | 19.7 | 7.8 | 21.6 | 41.2 | 25.8 | −17.4 | 21.2 | 46.5 | 7.8 | 13.6 | 35.9 | 34.3 | −4 | −4.5 | 12.5 | 21.1 | 11.7 | 9.9 | 9.5 | 17 | 9.3 | 9.3 |
| EBITDA margin | 7.0% | 8.9% | 8.2% | 9.5% | 6.8% | 8.6% | 7.2% | 8.9% | 5.1% | -11.9% | 1.0% | 8.2% | 9.0% | 4.2% | 8.7% | 11.2% | 10.2% | -8.7% | 8.2% | 11.5% | 5.4% | 6.6% | 12.0% | 11.9% | -5.3% | -4.1% | 7.2% | 8.8% | 7.7% | 6.6% | 5.9% | 7.8% | 7.4% | 8.4% |
| Finance costs | 0.2 | 0.3 | 0.3 | 0.5 | 0.7 | 1 | 1.1 | 1.5 | 1.6 | 1.4 | 1.9 | 1.8 | 1.3 | 1.3 | 1.5 | 1.8 | 1.9 | 3.3 | 3.6 | 3.3 | 3.1 | 3.2 | 3.8 | 4.6 | 5.7 | 6.1 | 6.3 | 5.8 | 5.9 | 5.9 | 5.4 | 5.9 | 5.2 | 5.8 |
| Depreciation | 6.1 | 6.5 | 6.2 | 5.9 | 5.3 | 5.4 | 5.5 | 6.1 | 6.1 | 4.5 | 4.6 | 5.1 | 3.8 | 4.2 | 4 | 4.1 | 3.9 | 3.3 | 4 | 4.4 | 3.8 | 4.3 | 3.8 | 3.7 | 3.7 | 3.6 | 3.4 | 3.2 | 3.7 | 3.1 | 3.3 | 3.3 | 3.2 | 3.3 |
| Profit before tax | 11.9 | 15.4 | 14.5 | 22.7 | 8.7 | 12 | 11.5 | 16.9 | 3.5 | −26.7 | −2.8 | 19.5 | 15.7 | 3.1 | 18.1 | 38.8 | 20.4 | −29.9 | 14 | 39.2 | 1.4 | 6.6 | 28.5 | 26.4 | −13.2 | −13.7 | 3.2 | 12.4 | 2.2 | 1.8 | 1.2 | 8 | 1.3 | 1.4 |
| Tax | 3 | 3.9 | 3.7 | 5.7 | 2.2 | 3 | 3.2 | 4.2 | 1 | −7 | −0.6 | 4.9 | 0.9 | 1.6 | 6.4 | 13.7 | 7.1 | −10.5 | 4.9 | 13.7 | 0.4 | −2.2 | 9.8 | 9.2 | −4.6 | −6 | 2.1 | 4 | 0.1 | 0.7 | 0.3 | 1.7 | 0.1 | −0.9 |
| Net profit | 8.9 | 11.4 | 10.8 | 17 | 6.4 | 9 | 8.3 | 12.7 | 2.5 | −19.8 | −2.2 | 14.6 | 14.7 | 1.6 | 11.7 | 25.1 | 13.2 | −19.4 | 9.1 | 25.5 | 1 | 8.9 | 18.7 | 17.2 | −8.6 | −7.7 | 1.1 | 8.4 | 2.2 | 1.1 | 0.9 | 6.3 | 1.3 | 2.2 |
| Net margin | 4.2% | 5.2% | 4.4% | 5.8% | 3.4% | 4.8% | 3.5% | 4.9% | 1.4% | -11.9% | -0.9% | 4.7% | 6.7% | 0.8% | 4.7% | 6.8% | 5.2% | -9.7% | 3.5% | 6.3% | 0.7% | 4.3% | 6.3% | 6.0% | -11.2% | -7.0% | 0.6% | 3.5% | 1.4% | 0.7% | 0.6% | 2.9% | 1.0% | 2.0% |
| EPS (₹) | 4.97 | 6.40 | 6.02 | 9.51 | 3.60 | 5.05 | 4.65 | 7.09 | 1.41 | -11.05 | -1.21 | 8.16 | 8.24 | 0.87 | 6.57 | 21.46 | 7.40 | -10.84 | 5.08 | 14.24 | 0.53 | 4.95 | 10.37 | 9.52 | -4.92 | -4.27 | 0.43 | 4.50 | 1.17 | 0.56 | 0.34 | 3.46 | 0.78 | 0.15 |
| Net profit YoY | +38.1% | +26.6% | +29.6% | +34.1% | +155.5% | +145.7% | +484.0% | −13.1% | −82.9% | −1367.0% | −118.4% | −41.9% | +11.3% | +108.0% | +29.2% | −1.3% | +1292.1% | −319.0% | −51.4% | +48.1% | +111.0% | +214.9% | +1576.1% | +105.2% | −493.6% | −816.3% | +24.0% | +32.3% | +73.4% | −52.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 943 | 865 | 931 | 1,057 | 1,005 | 870 | 679 | 652 | 549 |
| Other income | 8.3 | 7 | 4.9 | 6.6 | 1.9 | 1.6 | 1.5 | 2 | 1.6 |
| Total expenses | 889 | 828 | 928 | 983 | 976 | 823 | 676 | 642 | 545 |
| EBITDA | 80.3 | 65.3 | 27.4 | 96.5 | 56 | 79.7 | 40.7 | 45.7 | 34.7 |
| EBITDA margin | 8.5% | 7.5% | 2.9% | 9.1% | 5.6% | 9.2% | 6.0% | 7.0% | 6.3% |
| Finance costs | 1.8 | 5.2 | 6.4 | 6.5 | 11.1 | 17.4 | 24.1 | 22.5 | 18.1 |
| Depreciation | 23.9 | 23.1 | 18.1 | 16.2 | 15.5 | 15.6 | 13.9 | 12.9 | 12.4 |
| Profit before tax | 61.3 | 43.9 | 5.6 | 80.5 | 24.8 | 48.3 | 4.1 | 12.4 | 5.8 |
| Tax | 15.6 | 11.4 | −1.8 | 28.8 | 8.6 | 12.2 | 0.1 | 2.8 | −1 |
| Net profit | 45.6 | 32.5 | 7.4 | 51.7 | 16.1 | 36.2 | 4 | 9.6 | 6.9 |
| Net margin | 4.8% | 3.8% | 0.8% | 4.9% | 1.6% | 4.2% | 0.6% | 1.5% | 1.2% |
| EPS (₹) | 25.53 | 18.20 | 4.13 | 28.90 | 9.02 | 20.22 | 1.83 | 5.15 | 2.82 |
| Net profit YoY | +40.3% | +340.2% | −85.7% | +220.4% | −55.4% | +808.7% | −58.4% | +39.6% | – |
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 | 88.4 | 33.6 | 36.8 | 122 | −21.1 |
| Investing cash flow | −76.8 | −54.7 | −21.1 | −29.4 | −17.9 |
| Financing cash flow | −8.3 | −10.1 | −7.5 | −60.7 | 7.4 |
| Capital expenditure | 12.3 | 10.2 | 19 | 10.4 | 18.3 |
| Free cash flow (CFO − capex) | 76.1 | 23.4 | 17.8 | 111 | −39.3 |
Net profit trend
annual, ₹ croreFY21
₹36.2
FY22
₹16.1−55%
FY23
₹51.7+220%
FY24
₹7.4−86%
FY25
₹32.5+340%
FY26
₹45.6+40%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 3 Aug 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 11 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF XBRL |
| Q2 FY26 | Standalone | 4 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 4 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 13 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 10 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 11 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 24 Jul 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)21.1×
P/B2.72×
ROEFY26, on average equity13.1%
Net margin4.8%
Debt / equity0.00×
Revenue CAGR (3Y)-3.7%
Profit CAGR (3Y)-4.1%
EPS (TTM)₹26.90
Market cap₹1,013 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₹559 Cr+19%
Net worth₹372 Cr+14%
Total borrowings₹0 Cr
Cash & bank balances₹13 Cr+35%
Investments₹127 Cr+51%
Inventories₹144 Cr+31%
Trade receivables₹61 Cr−26%
Trade payables₹106 Cr+62%
Change vs the same date a year earlier.