Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q3 FY24
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 34.7 | 83.8 | 82.7 | 48.2 | 24.1 | 56.9 | 73.2 | 39.3 | 45.6 | 63.6 | 78.3 |
| Other income | 0.5 | 0.7 | 0.6 | 0.6 | 0.5 | 0.6 | 0.4 | 0.4 | 0.3 | 1.9 | 0.5 |
| Total expenses | 33.9 | 83.1 | 78.8 | 45.4 | 22.8 | 55.2 | 66.1 | 38 | 44.6 | 60.8 | 71.9 |
| EBITDA | 11.2 | 8.4 | 13.4 | 15.4 | 11.4 | 9.7 | 18.2 | 14.6 | 9.5 | 10.7 | 15.9 |
| EBITDA margin | 32.1% | 10.1% | 16.2% | 31.9% | 47.3% | 17.0% | 24.9% | 37.2% | 20.8% | 16.8% | 20.3% |
| Finance costs | 7.2 | 4.5 | 6.3 | 9.4 | 7 | 4.3 | 8.2 | 10.2 | 5.5 | 4.7 | 6.6 |
| Depreciation | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.7 | 3 | 3 | 3 | 3.3 | 2.9 |
| Profit before tax | 1.3 | 1.4 | 4.5 | 3.3 | 1.7 | 2.2 | 7.5 | 1.8 | 1.4 | 4.6 | 6.9 |
| Tax | 0.3 | −0.5 | 1.9 | 0.7 | 0.4 | 0.3 | 0.7 | 0.5 | 0.4 | 0 | 1.3 |
| Net profit | 0.9 | 1.9 | 2.6 | 2.6 | 1.3 | 1.9 | 6.8 | 1.3 | 0.9 | 4.6 | 5.6 |
| Net margin | 2.7% | 2.3% | 3.2% | 5.5% | 5.4% | 3.4% | 9.2% | 3.3% | 2.1% | 7.2% | 7.2% |
| EPS (₹) | 0.01 | 0.01 | 0.01 | 0.18 | 0.14 | 0.22 | 0.72 | 0.14 | 0.10 | 0.48 | 0.60 |
| Net profit YoY | −28.0% | +0.4% | −61.3% | +104.6% | +38.7% | −57.3% | +20.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 239 | 215 | 217 |
| Other income | 2.3 | 1.8 | 6.4 |
| Total expenses | 230 | 204 | 209 |
| EBITDA | 48.6 | 52 | 45.3 |
| EBITDA margin | 20.4% | 24.2% | 20.9% |
| Finance costs | 27.2 | 28.2 | 25.4 |
| Depreciation | 12.7 | 12.7 | 12 |
| Profit before tax | 11 | 12.9 | 14.5 |
| Tax | 2.5 | 1.9 | 2.2 |
| Net profit | 8.5 | 10.9 | 12.2 |
| Net margin | 3.6% | 5.1% | 5.7% |
| EPS (₹) | 0.05 | 1.15 | 1.30 |
| Net profit YoY | −22.2% | −10.6% | – |
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 |
|---|---|---|---|
| Operating cash flow | −70.7 | −3.9 | −10.7 |
| Investing cash flow | −1 | 3.2 | −22.9 |
| Financing cash flow | 51.3 | 0.7 | 32.3 |
| Capital expenditure | 0.2 | −3.1 | 22.4 |
| Free cash flow (CFO − capex) | −70.9 | −7 | −33.1 |
Net profit trend
annual, ₹ croreFY24
₹12.2
FY25
₹10.9−11%
FY26
₹8.5−22%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 14 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 18 Jan 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 9 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 16 Jul 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 25 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)42.2×
P/B0.68×
ROEFY26, on average equity2.0%
Net margin3.6%
Debt / equity0.50×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹0.06
Market cap₹343 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹839 Cr+13%
Net worth₹505 Cr+44%
Total borrowings₹250 Cr−8%
Cash & bank balances₹7 Cr+94%
Investments₹5 Cr+17%
Inventories₹210 Cr+46%
Trade receivables₹35 Cr+21%
Trade payables₹16 Cr−44%
Change vs the same date a year earlier.
Revenue mix FY26
Distellery54.6%result ₹42.7 Cr
Sugar41.0%result ₹3.2 Cr
Co Generation2.9%result ₹−7.3 Cr
Others1.0%result ₹0 Cr
Aviation0.4%result ₹−1.3 Cr
Segment revenue as reported, before inter-segment eliminations.