Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 68.4 | 62.3 | 57.8 | 58.8 | 58.2 | 61.5 | 58.6 | 58 | 57.9 | 56.5 | 54.6 | 55.3 | 55.3 | 54.1 | 42.6 | 40.9 | 35.4 | 35.6 | 34.4 | 33.4 | 29.8 | 30.3 | 27.4 | 30.4 | 29.6 | 28.8 | 28.3 | 26.1 | 26.3 | 24.7 | 24 | 21.8 | 21.2 |
| Other income | 8.2 | 4.9 | 6 | 7.9 | 7 | 5.3 | 5.1 | 5.5 | 4.3 | 4.4 | 4.1 | 3 | 2.8 | 2.2 | 2.3 | 2.1 | 1.7 | 1.3 | 5.3 | 1.7 | 1.4 | 1.9 | 1.9 | 1.7 | 1.5 | 1.5 | 1.9 | 1.3 | 1.7 | 1.8 | 1.5 | 1.4 | 2 |
| Total expenses | 64 | 57.7 | 55.4 | 55.3 | 54.4 | 54.8 | 51.5 | 51.3 | 52.2 | 51.2 | 51.1 | 51.5 | 50.7 | 48.7 | 37 | 34.9 | 30.1 | 29.8 | 29.5 | 29.4 | 27.5 | 25.9 | 23.9 | 24.8 | 30.2 | 24 | 24.1 | 23.2 | 22.4 | 22.7 | 22.9 | 22.9 | 24.9 |
| EBITDA | 5.7 | 5.7 | 3.5 | 4.6 | 4.9 | 7.8 | 8.2 | 8.2 | 7.5 | 7.3 | 5.5 | 5.8 | 6.7 | 7.7 | 7.6 | 8.1 | 7.4 | 7.8 | 6.9 | 6 | 4.4 | 6.3 | 5.1 | 7 | 1.1 | 6.4 | 5.9 | 4.8 | 5.9 | 4 | 2.9 | 0.7 | −1.2 |
| EBITDA margin | 8.4% | 9.2% | 6.0% | 7.9% | 8.5% | 12.7% | 14.0% | 14.2% | 12.9% | 13.0% | 10.1% | 10.5% | 12.2% | 14.2% | 17.9% | 19.7% | 20.8% | 21.9% | 20.1% | 17.9% | 14.7% | 20.8% | 18.5% | 23.0% | 3.6% | 22.3% | 20.8% | 18.3% | 22.4% | 16.3% | 12.0% | 3.4% | -5.8% |
| Finance costs | 0.4 | 0.2 | 0.2 | 0.2 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.3 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 1 |
| Depreciation | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.9 | 1 | 1.4 | 1.6 | 1.8 | 1.8 | 1.9 | 2 | 2 | 2 | 2 | 1.9 | 2 | 1.9 | 1.9 | 1.9 | 1.9 | 1.5 | 1.3 | 1.6 | 1.5 | 1.6 | 1.6 | 1.7 | 1.7 | 1.6 | 1.6 | 1.5 |
| Profit before tax | 12.6 | 9.5 | 8.4 | 11.4 | 10.8 | 12 | 12.1 | 12.2 | 10 | 9.7 | 7.7 | 6.8 | 7.4 | 7.5 | 7.9 | 8.1 | 7.1 | 7.1 | 10.2 | 5.7 | 3.8 | 6.3 | 5.4 | 7.3 | 0.9 | 6.4 | 6.1 | 4.3 | 5.6 | 3.8 | 2.5 | 0.3 | −1.7 |
| Tax | 3.1 | 2.5 | 1.9 | 2.7 | 2.7 | 2.4 | 3.1 | 3.2 | 2.7 | 2.6 | 2.2 | 2 | 2.1 | 2.2 | 2.4 | 2.9 | 1.9 | 1.9 | 1.7 | 1.8 | 1 | −6.1 | 1.6 | 2.1 | 0.3 | 1.4 | 1.4 | 1.3 | 0.9 | 0.6 | 0.4 | 0 | −0.4 |
| Net profit | 9.5 | 7.1 | 6.5 | 8.7 | 8.2 | 9.6 | 9 | 8.9 | 7.4 | 7.1 | 5.5 | 4.9 | 5.3 | 5.4 | 5.6 | 5.2 | 5.1 | 5.2 | 8.5 | 3.9 | 2.8 | 12.4 | 3.8 | 5.2 | 0.6 | 5 | 4.7 | 2.9 | 4.7 | 3.2 | 2 | 0.3 | −1.4 |
| Net margin | 13.8% | 11.3% | 11.3% | 14.7% | 14.0% | 15.6% | 15.4% | 15.4% | 12.7% | 12.5% | 10.1% | 8.8% | 9.6% | 9.9% | 13.1% | 12.8% | 14.4% | 14.6% | 24.6% | 11.8% | 9.4% | 40.9% | 13.7% | 17.0% | 2.0% | 17.4% | 16.6% | 11.2% | 17.8% | 13.0% | 8.5% | 1.3% | -6.6% |
| EPS (₹) | 3.06 | 2.27 | 2.10 | 2.78 | 2.63 | 3.08 | 2.90 | 2.87 | 2.36 | 2.27 | 1.89 | 1.70 | 1.87 | 1.88 | 1.96 | 1.84 | 1.81 | 1.84 | 3.05 | 1.43 | 1.02 | 4.49 | 1.36 | 1.88 | 0.21 | 1.82 | 1.71 | 1.06 | 1.71 | 1.17 | 0.74 | 0.10 | -0.51 |
| Net profit YoY | +16.0% | −26.3% | −27.7% | −3.2% | +11.1% | +35.8% | +64.4% | +84.3% | +38.1% | +31.8% | −1.3% | −7.1% | – | +4.8% | +7.4% | −38.4% | +82.4% | −58.1% | +125.6% | −23.7% | +381.9% | +146.5% | −20.2% | +76.9% | −87.6% | +56.4% | +131.0% | +918.6% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 237 | 236 | 222 | 176 | 139 | 118 | 113 | 96.8 | 22.2 |
| Other income | 25.9 | 20.2 | 14.3 | 8.4 | 9.9 | 7 | 6.3 | 6.3 | 2.6 |
| Total expenses | 223 | 210 | 204 | 153 | 119 | 102 | 101 | 90.9 | 22.6 |
| EBITDA | 18.7 | 31.7 | 25.4 | 31.4 | 28.1 | 22.7 | 18.2 | 13.5 | 1.1 |
| EBITDA margin | 7.9% | 13.4% | 11.5% | 17.8% | 20.2% | 19.3% | 16.1% | 14.0% | 4.9% |
| Finance costs | 0.9 | 0.6 | 0.6 | 0.5 | 0.2 | 0.3 | 0.5 | 1.1 | 0.4 |
| Depreciation | 3.5 | 5 | 7.5 | 7.9 | 7.8 | 6.7 | 6.3 | 6.6 | 1.1 |
| Profit before tax | 40.2 | 46.4 | 31.5 | 31.4 | 30.1 | 22.7 | 17.7 | 12.2 | 2.1 |
| Tax | 9.8 | 11.4 | 8.8 | 9.7 | 7.3 | −1.4 | 4.5 | 2 | 0.1 |
| Net profit | 30.4 | 34.9 | 22.7 | 21.7 | 22.7 | 24.1 | 13.2 | 10.2 | 2 |
| Net margin | 12.8% | 14.8% | 10.3% | 12.3% | 16.4% | 20.4% | 11.7% | 10.6% | 9.0% |
| EPS (₹) | 9.77 | 11.22 | 7.77 | 7.64 | 8.13 | 8.74 | 4.81 | 3.68 | 0.74 |
| Net profit YoY | −12.9% | +53.6% | +4.8% | −4.5% | −5.7% | +82.2% | +29.3% | – | – |
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 | 11.7 | 37.8 | 37 | 26.4 | 26 |
| Investing cash flow | 62.4 | −28.7 | −67.6 | −13.9 | −30.4 |
| Financing cash flow | −76.7 | −6.7 | 35.8 | −4.3 | −1.6 |
| Capital expenditure | 4.1 | 1.5 | 1 | 1.3 | 1.7 |
| Free cash flow (CFO − capex) | 7.6 | 36.3 | 36.1 | 25.1 | 24.4 |
Net profit trend
annual, ₹ croreFY21
₹24.1
FY22
₹22.7−6%
FY23
₹21.7−4%
FY24
₹22.7+5%
FY25
₹34.9+54%
FY26
₹30.4−13%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 23 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 23 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 13 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 13 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 11 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 11 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 5 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 5 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 24 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 25 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 14.1×13.5×
P/B5Y avg 2.43×2.02×
ROEFY26, on average equity13.2%
Net margin12.8%
Debt / equity0.02×
Revenue CAGR (3Y)10.4%
Profit CAGR (3Y)11.9%
EPS (TTM)₹10.19
Market cap₹429 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.02×
vs 8-point avg 2.43× (−17%)
1.45× low2.43× avg3.47× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹279 Cr−9%
Net worth₹212 Cr−14%
Total borrowings₹4 Cr−6%
Cash & bank balances₹21 Cr−5%
Investments₹115 Cr−19%
Inventories₹0 Cr
Trade receivables₹35 Cr+68%
Trade payables₹24 Cr+1%
Change vs the same date a year earlier.