Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY25
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 29.9 | 29.3 | 69.9 | 107 | 30.9 | 36.6 | 104 |
| Other income | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total expenses | 29.7 | 29.1 | 43 | 37.1 | 30.5 | 27.5 | 34.7 |
| EBITDA | 6 | 6 | 32.8 | 75.9 | 6 | 13.2 | 70.9 |
| EBITDA margin | 19.9% | 20.6% | 46.9% | 70.9% | 19.5% | 36.0% | 68.2% |
| Finance costs | 2.2 | 2.2 | 2.2 | 2.3 | 2.3 | 1.5 | 0.4 |
| Depreciation | 3.6 | 3.6 | 3.6 | 3.7 | 3.4 | 2.6 | 1.3 |
| Profit before tax | 0.3 | 0.2 | 27 | 70 | 0.4 | 9.1 | 69.3 |
| Tax | 0.1 | −0 | 6.9 | 17.9 | 0.2 | 0.6 | 17.8 |
| Net profit | 0.2 | 0.3 | 20.1 | 52.2 | 0.2 | 8.5 | 51.5 |
| Net margin | 0.5% | 0.9% | 28.7% | 48.7% | 0.7% | 23.2% | 49.5% |
| EPS (₹) | 0.02 | 0.04 | 2.84 | 7.38 | 0.03 | 1.20 | 7.29 |
| Net profit YoY | −34.8% | −97.1% | −61.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 |
|---|---|---|
| Revenue from operations | 237 | 250 |
| Other income | 0 | 0 |
| Total expenses | 140 | 113 |
| EBITDA | 121 | 146 |
| EBITDA margin | 50.9% | 58.5% |
| Finance costs | 8.9 | 2.5 |
| Depreciation | 14.3 | 7 |
| Profit before tax | 97.6 | 137 |
| Tax | 24.9 | 33.2 |
| Net profit | 72.7 | 104 |
| Net margin | 30.7% | 41.5% |
| EPS (₹) | 10.28 | 14.68 |
| Net profit YoY | −30.0% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 |
|---|---|---|
| Operating cash flow | 37.1 | 95.7 |
| Investing cash flow | −17.5 | −71.5 |
| Financing cash flow | −21 | −10.2 |
| Capital expenditure | 6 | 13 |
| Free cash flow (CFO − capex) | 31.1 | 82.8 |
Net profit trend
annual, ₹ croreFY25
₹104
FY26
₹72.7−30%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 11 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 11 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 22 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 22 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 3 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 3 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 6 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 6 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 14.0×13.5×
P/B5Y avg 4.75×2.94×
ROEFY26, on average equity24.4%
Net margin30.7%
Debt / equity0.01×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹10.27
Market cap₹977 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.94×
vs 3-point avg 4.75× (−38%)
2.63× low4.75× avg6.30× high
History points are balance-sheet dates (2025 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹453 Cr+13%
Net worth₹332 Cr+26%
Total borrowings₹3 Cr−15%
Cash & bank balances₹22 Cr−78%
Investments₹6 Cr+11%
Inventories₹0 Cr
Trade receivables₹28 Cr+13%
Change vs the same date a year earlier.
Revenue mix FY26
Investment banking68.1%result ₹87.6 Cr
Stock Broking31.9%result ₹−5.2 Cr
Segment revenue as reported, before inter-segment eliminations.