Your investments deserve an analyst, not a dashboard.

Quarterly results

standalone · as filed with NSE · Q1 FY27 back to Q1 FY19

₹ 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	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
Revenue from operations	219	214	131	140	151	119	115	120	172	223	217	167	192	196	211	180	194	186	191	191	224	214	208	198	139	124	116	134	182	154	173	163	162
Other income	7.1	1	1.6	2.3	2.7	7	3.3	2.9	3	4.9	4.3	3.7	3.1	3.1	1.7	1.7	2.7	3.6	2.6	1.9	2.7	3.2	2.4	2.3	2.1	1.9	2	3.7	2	4.3	2	1.9	1.7
Total expenses	234	226	133	130	133	115	117	129	171	207	199	163	176	186	196	173	169	171	157	161	177	186	166	155	106	120	112	125	148	135	157	149	146
EBITDA	16.8	17.2	11.4	20.2	27.9	13.1	8.7	2.2	11.3	26.3	28.6	13.7	25.2	20.5	25	16.8	34.8	24.1	43.2	38.7	55.4	37	48.9	50	39.9	11.3	10.6	16	40.4	28.1	22.9	21.3	23
EBITDA margin	7.7%	8.1%	8.7%	14.4%	18.5%	11.0%	7.6%	1.8%	6.6%	11.8%	13.2%	8.2%	13.1%	10.5%	11.9%	9.3%	17.9%	13.0%	22.7%	20.3%	24.7%	17.3%	23.5%	25.2%	28.8%	9.1%	9.1%	11.9%	22.2%	18.2%	13.2%	13.1%	14.2%
Finance costs	15.7	15	5.5	3.3	3.5	2.8	3.5	3.4	3	3.3	3.8	2.9	2.4	3.5	3.3	2.7	3	2.7	2.8	2.5	2.2	3.3	1.3	1.4	1.4	1.6	1.9	1.9	1.4	2.9	1.6	1.5	1.6
Depreciation	15.5	14	8.2	6.7	6.7	6.9	7.1	7.1	7	6.9	7	6.9	6.8	6.8	6.9	6.9	6.8	6.4	6.4	6.7	6.4	6.3	5.7	5.6	5.5	5.5	5.3	5.2	5	5.8	5.6	5.7	5.3
Profit before tax	−9.5	2	−0.7	12.5	20.5	10.4	1.5	−5.4	4.3	4.7	22.1	7.6	19.1	13.4	16.5	9	27.7	−0.1	36.6	31.3	49.5	30.6	44.4	45.3	35.1	−3.5	5.4	12.6	36.1	23.7	17.7	15.9	17.8
Tax	−2.1	−2.7	−0.1	3.4	5.1	2.5	0.7	−1.4	1.5	1.7	6.7	2.9	5	3.5	4.4	2.4	7.1	−0.3	9.4	7.9	12.6	8.6	11.3	11.5	9	−0.5	1.4	−19.7	12.7	10.6	6.2	5.7	6.5
Net profit	−7.4	4.7	−0.6	9.1	15.4	8	0.8	−4	2.8	3	15.4	4.7	14.1	9.9	12.2	6.6	20.7	0.2	27.2	23.3	36.8	22.1	33.1	33.8	26.1	−3	4	32.3	23.3	13.1	11.5	10.2	11.3
Net margin	-3.4%	2.2%	-0.4%	6.5%	10.2%	6.7%	0.7%	-3.4%	1.6%	1.3%	7.1%	2.8%	7.4%	5.1%	5.8%	3.6%	10.7%	0.1%	14.3%	12.2%	16.4%	10.3%	15.9%	17.1%	18.8%	-2.4%	3.4%	24.1%	12.8%	8.5%	6.6%	6.3%	7.0%
EPS (₹)	-5.24	3.37	-0.40	6.47	10.96	5.68	0.58	-2.88	2.00	2.15	10.98	3.38	10.10	7.06	8.68	4.69	14.76	0.14	19.42	16.66	26.30	15.76	23.62	24.16	18.65	-2.11	2.82	23.07	16.66	9.33	8.18	7.27	8.10
Net profit YoY	−148.1%	−40.6%	−168.4%	+324.7%	+446.9%	+164.5%	−94.7%	−185.4%	−80.2%	−69.6%	+26.6%	−28.0%	−31.6%	+4938.2%	−55.3%	−71.9%	−43.9%	−99.1%	−17.8%	−31.0%	+41.0%	+847.0%	+737.2%	+4.7%	+11.9%	−122.6%	−65.5%	+217.3%	+105.7%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Revenue from operations	636	527	799	782	792	758	556	651
Other income	7.7	16.2	16	9.3	10.7	10.1	9.6	9.9
Total expenses	622	532	746	724	667	613	505	586
EBITDA	76.6	35.4	93.8	97.2	161	176	78.3	95.2
EBITDA margin	12.1%	6.7%	11.7%	12.4%	20.4%	23.2%	14.1%	14.6%
Finance costs	27.3	12.8	12.4	12.5	10.2	7.4	6.8	7.7
Depreciation	35.6	28.1	27.6	27.4	25.9	23.2	20.9	22.3
Profit before tax	34.3	10.8	53.5	66.6	117	155	50.5	75.1
Tax	5.7	3.2	16.2	17.3	29.7	40.2	−6.1	29
Net profit	28.6	7.5	37.3	49.3	87.6	115	56.6	46.1
Net margin	4.5%	1.4%	4.7%	6.3%	11.1%	15.2%	10.2%	7.1%
EPS (₹)	20.41	5.38	26.60	35.19	62.52	82.19	40.44	32.88
Net profit YoY	+279.5%	−79.8%	−24.4%	−43.7%	−23.9%	+103.2%	+23.0%	–

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	75.6	−37.6	56.7	55	79.3
Investing cash flow	−137	−227	−277	−219	−86.7
Financing cash flow	8.6	178	238	79.7	45.3
Capital expenditure	172	243	286	229	41.9
Free cash flow (CFO − capex)	−96.1	−281	−230	−174	37.4

Net profit trend

annual, ₹ crore

FY21

₹115

FY22

₹87.6−24%

FY23

₹49.3−44%

FY24

₹37.3−24%

FY25

₹7.5−80%

FY26

₹28.6+280%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	12 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	–	PDF on NSE XBRL
Q1 FY27	Standalone	12 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	29 May 2026	PDF XBRL
Q4 FY26	Consolidated · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	29 May 2026	PDF XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q3 FY26	Consolidated	12 Feb 2026	PDF XBRL
Q3 FY26	Standalone	12 Feb 2026	PDF XBRL
Q2 FY26	Consolidated	11 Nov 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY262.78 MB FY252.60 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 51.4×132.5×

P/B5Y avg 1.25×1.03×

ROEFY26, on average equity3.9%

Net margin4.5%

Debt / equity1.00×

Revenue CAGR (3Y)-6.7%

Profit CAGR (3Y)-16.6%

EPS (TTM)₹4.18

Market cap₹775 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

1.03×

vs 8-point avg 1.25× (−17%)

0.85× low1.25× avg2.08× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹1,711 Cr+5%

Net worth₹751 Cr+4%

Total borrowings₹753 Cr+5%

Cash & bank balances₹90 Cr−37%

Investments₹0 Cr−32%

Inventories₹103 Cr+3%

Trade receivables₹48 Cr−16%

Trade payables₹53 Cr+47%

Change vs the same date a year earlier.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	56.25	56.25	56.25	56.25	56.25	56.25	56.25	56.25	56.25	56.25	56.25	56.25
FII	14.65	14.30	12.86	9.93	9.90	10.30	11.55	11.88	10.94	10.83	10.07	9.24
DII	0.86	0.78	0.78	0.90	0.78	0.78	0.78	0.78	0.96	0.65	0.49	0.49
of which MF	0.06	0.06	0.06	0.06	0.06	–	–	–	–	–	–	–
Retail	16.53	16.92	17.71	20.46	19.48	18.76	17.26	17.87	19.20	19.46	19.59	19.89
Other public	11.71	11.75	12.40	12.46	13.59	13.91	14.16	13.22	12.65	12.81	13.60	14.13

10,778 shareholders · NSE shareholding pattern filings.