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 | 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 | 1,871 | 1,545 | 1,440 | 1,363 | 1,497 | 1,422 | 1,354 | 1,288 | 1,398 | 1,325 | 1,264 | 1,183 | 1,334 | 1,294 | 1,176 | 1,121 | 1,236 | 1,091 | 1,073 | 890 | 1,139 | 935 | 883 | 491 | 688 | 1,012 | 849 | 1,040 | 976 | 1,033 | 927 | 1,017 | 927 |
| Other income | 14 | 23.3 | 13.6 | 12.3 | 9.3 | 32.2 | 23.2 | 20.9 | 20.4 | 24.1 | 22.3 | 20.2 | 18.6 | 17.6 | 19.6 | 18.7 | 15 | 12.4 | 8.4 | 13.3 | 14.3 | 15.3 | 11.7 | 15.2 | 19.8 | 16.2 | 11.6 | 15.9 | 21.1 | 25.6 | 18.6 | 17.3 | 22.8 |
| Total expenses | 1,409 | 1,245 | 1,099 | 1,067 | 1,177 | 1,142 | 1,006 | 1,029 | 1,104 | 1,057 | 962 | 940 | 1,047 | 1,023 | 948 | 886 | 939 | 846 | 832 | 713 | 821 | 701 | 617 | 417 | 538 | 689 | 624 | 772 | 710 | 731 | 713 | 779 | 668 |
| EBITDA | 494 | 329 | 368 | 323 | 350 | 307 | 376 | 286 | 322 | 294 | 329 | 269 | 310 | 295 | 251 | 257 | 317 | 266 | 263 | 198 | 340 | 258 | 288 | 95.3 | 173 | 341 | 245 | 284 | 283 | 317 | 227 | 252 | 274 |
| EBITDA margin | 26.4% | 21.3% | 25.5% | 23.7% | 23.4% | 21.6% | 27.8% | 22.2% | 23.1% | 22.2% | 26.0% | 22.7% | 23.2% | 22.8% | 21.3% | 22.9% | 25.7% | 24.4% | 24.5% | 22.2% | 29.9% | 27.5% | 32.6% | 19.4% | 25.1% | 33.7% | 28.8% | 27.3% | 29.0% | 30.7% | 24.5% | 24.7% | 29.6% |
| Finance costs | 1.7 | 1.9 | 2.3 | 2.1 | 2.6 | 2.3 | 2.7 | 2 | 2.6 | 2.1 | 2 | 2.4 | 1.5 | 1.7 | 1.6 | 1.2 | 0.7 | 0.5 | 0.6 | 0.7 | 0.6 | 0.8 | 0.9 | 1.4 | 1.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | −0.2 | 0.3 | 0.7 |
| Depreciation | 30.5 | 27.7 | 24.5 | 25.2 | 26.6 | 24.6 | 25.4 | 24.5 | 26.1 | 23.7 | 25 | 22.9 | 21.8 | 22.7 | 20.8 | 20.8 | 20.2 | 20.9 | 20.4 | 19.9 | 21.5 | 22.3 | 21.5 | 20.6 | 22.2 | 18.3 | 18.6 | 16.6 | 16.2 | 14.6 | 13.5 | 13.2 | 14.3 |
| Profit before tax | 476 | 323 | 332 | 308 | 330 | 313 | 371 | 280 | 314 | 292 | 324 | 264 | 305 | 288 | 248 | 254 | 311 | 257 | 250 | 190 | 332 | 250 | 278 | 88.5 | 170 | 339 | 237 | 283 | 288 | 328 | 233 | 256 | 282 |
| Tax | 128 | 80.9 | 87.5 | 80.1 | 85.5 | 79.3 | 99.5 | 73 | 82 | 75.8 | 82.4 | 69.1 | 79.7 | 85.8 | 54.6 | 66.7 | 82.9 | 68.3 | 64 | 50.2 | 88.7 | 62.1 | 72.9 | 23.1 | 44.3 | 67.5 | 48.8 | 101 | 103 | 116 | 82.3 | 91.3 | 100 |
| Net profit | 348 | 242 | 245 | 228 | 244 | 233 | 271 | 207 | 232 | 216 | 242 | 194 | 225 | 203 | 193 | 187 | 228 | 189 | 186 | 140 | 244 | 188 | 205 | 65.4 | 125 | 271 | 188 | 183 | 185 | 212 | 150 | 164 | 182 |
| Net margin | 18.6% | 15.7% | 17.0% | 16.7% | 16.3% | 16.4% | 20.0% | 16.1% | 16.6% | 16.3% | 19.1% | 16.4% | 16.9% | 15.7% | 16.4% | 16.7% | 18.5% | 17.3% | 17.3% | 15.7% | 21.4% | 20.1% | 23.2% | 13.3% | 18.2% | 26.8% | 22.2% | 17.6% | 19.0% | 20.5% | 16.2% | 16.1% | 19.6% |
| EPS (₹) | 3.51 | 2.45 | 2.47 | 2.30 | 2.47 | 2.36 | 2.74 | 2.10 | 2.35 | 2.19 | 2.45 | 1.97 | 2.28 | 2.05 | 1.95 | 1.89 | 2.31 | 1.91 | 1.88 | 1.42 | 2.46 | 1.90 | 2.07 | 0.66 | 1.27 | 2.74 | 1.90 | 1.85 | 1.87 | 2.14 | 1.52 | 1.66 | 1.84 |
| Net profit YoY | +42.5% | +3.7% | −9.8% | +9.8% | +5.1% | +8.0% | +12.2% | +6.7% | +3.1% | +6.8% | +25.2% | +3.9% | – | −11.3% | +2.5% | +0.7% | −6.2% | +0.5% | −9.1% | +114.1% | +94.6% | −30.8% | +8.6% | −64.2% | −32.3% | +28.0% | +25.3% | +11.3% | +1.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5,722 | 5,365 | 5,075 | 4,774 | 4,192 | 2,997 | 3,877 | 3,905 |
| Other income | 67.4 | 88.6 | 83.2 | 67.1 | 48.4 | 62 | 64.8 | 84.3 |
| Total expenses | 4,484 | 4,196 | 3,977 | 3,749 | 3,211 | 2,274 | 2,795 | 2,891 |
| EBITDA | 1,348 | 1,278 | 1,198 | 1,111 | 1,066 | 814 | 1,153 | 1,071 |
| EBITDA margin | 23.6% | 23.8% | 23.6% | 23.3% | 25.4% | 27.2% | 29.7% | 27.4% |
| Finance costs | 9.3 | 9.4 | 7.5 | 4 | 2.4 | 4.2 | 1.2 | 1.1 |
| Depreciation | 101 | 99.8 | 92.4 | 81.4 | 82.7 | 86.6 | 69.7 | 55.6 |
| Profit before tax | 1,282 | 1,258 | 1,181 | 1,093 | 1,029 | 785 | 1,147 | 1,098 |
| Tax | 332 | 330 | 317 | 278 | 271 | 202 | 320 | 390 |
| Net profit | 950 | 927 | 864 | 815 | 758 | 583 | 827 | 708 |
| Net margin | 16.6% | 17.3% | 17.0% | 17.1% | 18.1% | 19.5% | 21.3% | 18.1% |
| EPS (₹) | 9.60 | 9.37 | 8.74 | 8.24 | 7.66 | 5.89 | 8.36 | 7.16 |
| Net profit YoY | +2.4% | +7.3% | +6.0% | +7.5% | +30.1% | −29.6% | +16.8% | – |
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 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 1,090 | 1,044 | 853 | 916 | 630 |
| Investing cash flow | 199 | −267 | −251 | 61.7 | −83.1 |
| Financing cash flow | −1,315 | −819 | −664 | −608 | −558 |
| Capital expenditure | 97.3 | 92.7 | 95.5 | 110 | 83.2 |
| Free cash flow (CFO − capex) | 993 | 951 | 758 | 806 | 547 |
Net profit trend
annual, ₹ croreFY21
₹583
FY22
₹758+30%
FY23
₹815+8%
FY24
₹864+6%
FY25
₹927+7%
FY26
₹950+2%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 4 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 28 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone · audited | 3 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 4 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 5 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 28 Apr 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 3 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 24 Oct 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 30 Jul 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)18.8×
P/B10.45×
ROEFY26, on average equity45.5%
Net margin16.6%
Debt / equity0.00×
Revenue CAGR (3Y)6.2%
Profit CAGR (3Y)5.2%
EPS (TTM)₹10.74
Market cap₹19,948 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 30 Jun 2026
Total assets₹3,880 Cr+19%
Net worth₹1,909 Cr+5%
Total borrowings₹0 Cr
Cash & bank balances₹492 Cr−32%
Investments₹377 Cr−23%
Inventories₹1,042 Cr+70%
Trade receivables₹758 Cr+35%
Trade payables₹1,213 Cr+58%
Change vs the same date a year earlier.