Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY22
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 635 | 633 | 618 | 609 | 627 | 619 | 581 | 625 | 599 | 627 | 582 | 544 | 512 | 501 | 488 | 472 | 453 | 444 | 404 |
| Other income | 15.1 | 9.8 | 8.6 | 10.9 | 16.4 | 13.8 | 11.7 | 13.7 | 11.5 | 11.2 | 7.8 | 8.3 | 6.7 | 4.7 | 4.8 | 2.9 | 2.4 | 2.5 | 1.6 |
| Total expenses | 545 | 537 | 539 | 524 | 518 | 504 | 468 | 516 | 490 | 515 | 473 | 439 | 405 | 398 | 390 | 377 | 364 | 360 | 324 |
| EBITDA | 169 | 161 | 140 | 137 | 158 | 162 | 159 | 153 | 152 | 155 | 151 | 146 | 148 | 144 | 135 | 134 | 124 | 116 | 105 |
| EBITDA margin | 26.6% | 25.5% | 22.6% | 22.6% | 25.2% | 26.2% | 27.4% | 24.5% | 25.4% | 24.8% | 25.9% | 26.8% | 28.9% | 28.7% | 27.7% | 28.5% | 27.3% | 26.1% | 26.0% |
| Finance costs | 6.2 | 6.3 | 4.5 | 4.5 | 4.1 | 4.6 | 4.7 | 5.2 | 3.7 | 4 | 3.9 | 4.1 | 4.2 | 5.6 | 4.6 | 5 | 4.5 | 4.3 | 3 |
| Depreciation | 72.8 | 59.3 | 55.6 | 48.2 | 44.5 | 42.7 | 41 | 38.9 | 38.8 | 39.7 | 37.7 | 36.4 | 36.4 | 35.5 | 32.4 | 34.2 | 29.7 | 27.5 | 22.4 |
| Profit before tax | 105 | 107 | 77 | 95.6 | 126 | 129 | 125 | 123 | 121 | 123 | 117 | 114 | 114 | 108 | 103 | 97.9 | 92.1 | 86.8 | 81.3 |
| Tax | 21.3 | 28.1 | 19.6 | 22.2 | 32 | 31.1 | 32.2 | 31.6 | 30.5 | 31.4 | 29.9 | 29.2 | 29.4 | 27.8 | 27.4 | 25.4 | 23.1 | 22.8 | 21 |
| Net profit | 83.7 | 79.1 | 57.4 | 73.4 | 93.6 | 97.6 | 93.2 | 90.9 | 90.8 | 91.4 | 87.1 | 84.4 | 84.3 | 79.9 | 75.8 | 72.5 | 69 | 64 | 60.2 |
| Net margin | 13.2% | 12.5% | 9.3% | 12.1% | 14.9% | 15.8% | 16.0% | 14.6% | 15.1% | 14.6% | 15.0% | 15.5% | 16.5% | 15.9% | 15.5% | 15.4% | 15.2% | 14.4% | 14.9% |
| EPS (₹) | 5.10 | 4.81 | 3.49 | 4.46 | 5.69 | 5.94 | 5.68 | 5.58 | 5.58 | 5.75 | 5.56 | 5.43 | 5.46 | 5.18 | 4.92 | 4.71 | 4.50 | 4.24 | 4.07 |
| Net profit YoY | −10.6% | −19.0% | −38.4% | −19.3% | +3.1% | +6.7% | +7.0% | +7.8% | +7.7% | +14.4% | +14.9% | +16.3% | +22.1% | +24.9% | +25.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 2,487 | 2,425 | 2,265 | 1,915 | 1,590 |
| Other income | 45.7 | 50.7 | 34 | 14.7 | 7.9 |
| Total expenses | 2,118 | 1,977 | 1,832 | 1,528 | 1,296 |
| EBITDA | 596 | 627 | 599 | 538 | 400 |
| EBITDA margin | 24.0% | 25.9% | 26.5% | 28.1% | 25.1% |
| Finance costs | 19.5 | 18.2 | 16.2 | 19.6 | 14.4 |
| Depreciation | 208 | 161 | 150 | 132 | 91.8 |
| Profit before tax | 405 | 498 | 467 | 401 | 301 |
| Tax | 102 | 125 | 120 | 104 | 77.4 |
| Net profit | 303 | 372 | 347 | 297 | 224 |
| Net margin | 12.2% | 15.4% | 15.3% | 15.5% | 14.1% |
| EPS (₹) | 18.45 | 22.79 | 22.22 | 19.31 | 15.07 |
| Net profit YoY | −18.5% | +7.3% | +16.8% | +32.7% | – |
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 | 390 | 483 | 440 | 407 | 257 |
| Investing cash flow | −270 | −266 | −325 | −323 | −326 |
| Financing cash flow | −240 | −144 | −52.1 | −52.2 | 0.6 |
| Capital expenditure | 409 | 154 | 108 | 193 | 284 |
| Free cash flow (CFO − capex) | −19.7 | 328 | 332 | 213 | −27.5 |
Net profit trend
annual, ₹ croreFY22
₹224
FY23
₹297+33%
FY24
₹347+17%
FY25
₹372+7%
FY26
₹303−19%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 10 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 10 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 14 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 12 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 5 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 5 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 23 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 23 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 17.2×13.1×
P/B5Y avg 3.16×1.58×
ROEFY26, on average equity12.9%
Net margin12.2%
Debt / equity0.00×
Revenue CAGR (3Y)9.1%
Profit CAGR (3Y)0.7%
EPS (TTM)₹17.83
Market cap₹3,839 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.58×
vs 8-point avg 3.16× (−50%)
1.58× low3.16× avg4.69× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹3,238 Cr+4%
Net worth₹2,432 Cr+7%
Total borrowings₹0 Cr
Cash & bank balances₹112 Cr−51%
Investments₹374 Cr−39%
Inventories₹69 Cr−13%
Trade receivables₹892 Cr+10%
Trade payables₹312 Cr−11%
Change vs the same date a year earlier.
Revenue mix FY26
Cash Management services58.8%result ₹301 Cr
Managed Services38.2%result ₹137 Cr
Card Services3.0%result ₹18.2 Cr
Segment revenue as reported, before inter-segment eliminations.