Quarterly results
standalone · 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 | 116 | 345 | 173 | 307 | 99.3 | 396 | 117 | 91 | 104 | 182 | 140 | 108 | 89.7 | 185 | 112 | 88.2 | 68.4 | 171 | 43.8 |
| Other income | 7.3 | 5.7 | 5.8 | 5.9 | 10.6 | 10.6 | 11.4 | 12 | 12.3 | 12.3 | 11.3 | 10.8 | 11.6 | 3.8 | 1.8 | 1.8 | 1.7 | 2.5 | 0.7 |
| Total expenses | 93.9 | 163 | 101 | 247 | 75.9 | 254 | 69.7 | 63 | 72.9 | 99.3 | 85.1 | 72.9 | 66.4 | 117 | 69 | 61.3 | 50.7 | 88.5 | 30.7 |
| EBITDA | 31.4 | 193 | 80.6 | 68.5 | 32.1 | 149 | 54 | 34.3 | 37.2 | 93 | 60 | 40.8 | 27.8 | 73.3 | 47 | 30.2 | 21.2 | 87.5 | 17.5 |
| EBITDA margin | 27.0% | 55.9% | 46.5% | 22.3% | 32.3% | 37.7% | 46.2% | 37.7% | 35.7% | 51.0% | 43.0% | 37.6% | 31.0% | 39.6% | 42.1% | 34.2% | 31.1% | 51.3% | 39.9% |
| Finance costs | 3.3 | 4.7 | 2.2 | 2.4 | 3.2 | 3.1 | 3.2 | 2.8 | 3 | 3 | 2.3 | 2.3 | 1.7 | 2.8 | 2.1 | 1.2 | 1.6 | 3.5 | 2.7 |
| Depreciation | 5.9 | 5.9 | 5.9 | 5.7 | 5.5 | 3.9 | 3.5 | 3.5 | 3.1 | 7 | 3.3 | 3.1 | 2.8 | 2.2 | 2.1 | 2.1 | 2 | 1.9 | 1.7 |
| Profit before tax | 29.5 | 188 | 75.3 | 66.4 | 34 | 153 | 58.8 | 40 | 43.5 | 95.3 | 65.7 | 46.3 | 34.9 | 72.1 | 44.6 | 28.7 | 19.4 | 84.6 | 13.8 |
| Tax | 7.4 | 49.6 | 17 | 17.2 | 8.5 | 39 | 14.1 | 9.8 | 10.7 | 24.2 | 14.8 | 12.5 | 9.1 | 16.8 | 11.3 | 7.6 | 5.2 | 23 | 3.4 |
| Net profit | 22.1 | 138 | 58.3 | 49.2 | 25.5 | 114 | 44.7 | 30.3 | 32.8 | 71.1 | 51 | 33.8 | 25.8 | 55.4 | 33.3 | 21.1 | 14.3 | 61.6 | 10.4 |
| Net margin | 19.0% | 40.1% | 33.7% | 16.0% | 25.7% | 28.8% | 38.2% | 33.3% | 31.5% | 39.0% | 36.5% | 31.2% | 28.8% | 29.9% | 29.8% | 23.9% | 20.9% | 36.1% | 23.7% |
| EPS (₹) | 3.94 | 24.71 | 10.42 | 8.79 | 4.55 | 20.38 | 7.97 | 5.41 | 5.86 | 12.70 | 9.10 | 6.03 | 4.61 | 10.49 | 6.42 | 4.06 | 2.75 | 12.77 | 2.21 |
| Net profit YoY | −13.5% | +21.3% | +30.5% | +62.5% | −22.2% | +60.5% | −12.4% | −10.4% | +26.9% | +28.4% | +53.0% | +60.5% | +81.2% | −10.2% | +220.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 925 | 708 | 520 | 453 | 311 |
| Other income | 28 | 46.3 | 46 | 9.2 | 4 |
| Total expenses | 586 | 459 | 324 | 298 | 187 |
| EBITDA | 374 | 275 | 222 | 172 | 141 |
| EBITDA margin | 40.4% | 38.8% | 42.6% | 37.9% | 45.4% |
| Finance costs | 12.5 | 12.1 | 9.3 | 7.7 | 11 |
| Depreciation | 23 | 13.9 | 16.1 | 8.4 | 6.6 |
| Profit before tax | 364 | 295 | 242 | 165 | 127 |
| Tax | 92.2 | 73.5 | 60.5 | 40.8 | 33.4 |
| Net profit | 271 | 222 | 182 | 124 | 94 |
| Net margin | 29.3% | 31.3% | 35.0% | 27.3% | 30.2% |
| EPS (₹) | 48.47 | 39.62 | 32.45 | 23.80 | 19.48 |
| Net profit YoY | +22.3% | +22.1% | +46.5% | +32.0% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 80.2 | −89.9 | 139 | −18.4 | 78.6 |
| Investing cash flow | −3.2 | 89 | −224 | −383 | −146 |
| Financing cash flow | −57.7 | −49.6 | −42.5 | 438 | 236 |
| Capital expenditure | 44.5 | 35.9 | 46 | 39.5 | 38.2 |
| Free cash flow (CFO − capex) | 35.7 | −126 | 93.4 | −57.9 | 40.4 |
Net profit trend
annual, ₹ croreFY22
₹94
FY23
₹124+32%
FY24
₹182+47%
FY25
₹222+22%
FY26
₹271+22%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 30 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 5 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 7 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 17 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 5 Feb 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 60.5×92.4×
P/B5Y avg 9.04×14.25×
ROEFY26, on average equity16.7%
Net margin29.3%
Debt / equity0.00×
Revenue CAGR (3Y)26.8%
Profit CAGR (3Y)29.8%
EPS (TTM)₹47.84
Market cap₹24,745 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
14.25×
vs 8-point avg 9.04× (+58%)
6.27× low9.04× avg14.25× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,929 Cr+5%
Net worth₹1,736 Cr+15%
Total borrowings₹0 Cr
Cash & bank balances₹57 Cr+51%
Investments₹329 Cr+1%
Inventories₹274 Cr−14%
Trade receivables₹728 Cr+22%
Trade payables₹77 Cr−8%
Change vs the same date a year earlier.