Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 243 | 241 | 251 | 241 | 241 | 248 | 261 | 249 | 248 | 258 | 273 | 277 | 273 | 283 | 277 | 287 | 283 | 303 | 294 | 325 | 303 | 326 | 342 | 338 | 301 | 328 | 318 | 332 | 313 | 273 | 308 | 310 | 315 |
| Other income | 55.4 | 52.9 | 56.9 | 51.7 | 70.7 | 64.7 | 55.1 | 69.2 | 55.2 | 54.6 | 50.9 | 51.6 | 49.8 | 27.2 | 42.4 | 38.5 | 3.9 | 26.1 | 28.1 | 33.7 | 33.3 | 29.3 | 57.3 | 41.1 | 63.2 | 40.6 | 41.4 | 42.4 | 51.2 | 28 | 4.9 | 4.7 | 7.8 |
| Total expenses | 251 | 246 | 261 | 246 | 245 | 246 | 260 | 249 | 246 | 247 | 261 | 263 | 271 | 277 | 270 | 278 | 274 | 281 | 280 | 314 | 295 | 323 | 341 | 338 | 303 | 324 | 322 | 365 | 347 | 302 | 338 | 337 | 340 |
| EBITDA | 12.7 | 15.3 | 13.1 | 19 | 21 | 28.4 | 27.7 | 27.8 | 28.1 | 40 | 40.7 | 43.1 | 31 | 36.1 | 37.4 | 37.7 | 40.9 | 55 | 50.3 | 50.4 | 47.6 | 64.9 | 65 | 62.4 | 63.9 | 63.7 | 58.3 | 48.5 | 41.2 | 37.4 | 48.1 | 50.8 | 56.8 |
| EBITDA margin | 5.2% | 6.4% | 5.2% | 7.9% | 8.7% | 11.5% | 10.6% | 11.2% | 11.4% | 15.5% | 14.9% | 15.6% | 11.3% | 12.8% | 13.5% | 13.1% | 14.4% | 18.1% | 17.1% | 15.5% | 15.7% | 19.9% | 19.0% | 18.5% | 21.2% | 19.4% | 18.3% | 14.6% | 13.2% | 13.7% | 15.6% | 16.4% | 18.0% |
| Finance costs | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.2 | 0 | 0 | 0 | 0.3 | 0 | 0.1 | 0 | 1 | 2.3 | 3.5 | 4.4 | 6.3 | 17.6 | 13.5 | 13.9 | 14.6 | 19.4 |
| Depreciation | 20 | 20.6 | 23.1 | 23.3 | 24.4 | 26.2 | 26.4 | 27.4 | 25.7 | 27.9 | 28.1 | 28.8 | 28.1 | 29.2 | 30.1 | 28.2 | 31.8 | 32.9 | 36.5 | 38.9 | 40 | 61.4 | 64.1 | 61.8 | 63.3 | 56.6 | 57.5 | 75.1 | 57.7 | 52.5 | 63.7 | 62.8 | 62.3 |
| Profit before tax | 47.7 | 47.3 | 46.5 | 47 | 66.8 | 66.3 | 55.8 | 69.1 | 57.1 | 66.1 | 62.9 | 65.3 | 52 | 33.5 | 49.1 | 47.9 | 13 | 48.3 | 41.9 | 44.9 | 40.9 | 32.7 | 58.1 | 40.8 | 61.5 | 44.2 | 37.9 | 9.6 | 17.1 | −212 | −24.5 | −21.9 | −17.1 |
| Tax | 11.9 | 12.8 | 7.6 | 10.8 | 11.3 | 8.9 | 13.5 | 17.2 | 12.2 | −8.3 | 14 | 18.4 | 7.7 | −94.9 | 0.4 | 0.4 | 1 | 1.8 | −0.3 | 0.9 | 0.4 | −1.3 | −2.5 | 0 | 0.3 | 18.3 | 26.8 | 2.4 | 3.7 | 1.6 | 4.8 | 3.2 | −11.1 |
| Net profit | 34.6 | 36.4 | 40.4 | 35.2 | 53.6 | 59.9 | 41.9 | 51.6 | 43.3 | 77.1 | 47.9 | 45.6 | 42.3 | 126 | 49.3 | 48.1 | 12.7 | 48.6 | 43.9 | 37.7 | 40.9 | 33.9 | 59.9 | 36.8 | 58.3 | 22.5 | 12.3 | 9.5 | 14.3 | −213 | −31.2 | −28.5 | −10 |
| Net margin | 14.2% | 15.1% | 16.1% | 14.6% | 22.2% | 24.1% | 16.1% | 20.7% | 17.5% | 29.9% | 17.5% | 16.5% | 15.5% | 44.6% | 17.8% | 16.7% | 4.5% | 16.0% | 14.9% | 11.6% | 13.5% | 10.4% | 17.5% | 10.9% | 19.4% | 6.9% | 3.9% | 2.9% | 4.6% | -77.9% | -10.1% | -9.2% | -3.2% |
| EPS (₹) | 0.77 | 0.81 | 0.80 | 0.74 | 1.14 | 1.30 | 0.85 | 1.09 | 0.95 | 1.66 | 0.99 | 0.96 | 0.89 | 2.80 | 1.03 | 1.00 | 0.27 | 1.05 | 0.95 | 0.83 | 0.86 | 0.78 | 1.38 | 0.77 | 1.23 | 0.52 | 0.41 | 0.30 | 0.24 | -5.03 | -1.66 | -1.44 | -0.56 |
| Net profit YoY | −35.5% | −39.1% | −3.7% | −31.9% | +23.9% | −22.3% | −12.4% | +13.3% | +2.4% | −38.9% | −3.0% | −5.2% | +232.8% | +159.6% | +12.4% | +27.7% | −68.9% | +43.4% | −26.8% | +2.4% | −29.8% | +50.5% | +388.1% | +285.8% | +307.5% | +110.6% | +139.3% | +133.4% | – | −2021.8% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 974 | 1,005 | 1,081 | 1,130 | 1,226 | 1,307 | 1,291 | 1,206 | 1,285 |
| Other income | 232 | 244 | 207 | 112 | 121 | 191 | 176 | 46.3 | 29.9 |
| Total expenses | 999 | 1,001 | 1,041 | 1,099 | 1,171 | 1,305 | 1,358 | 1,324 | 1,321 |
| EBITDA | 68.4 | 112 | 155 | 152 | 203 | 256 | 212 | 183 | 278 |
| EBITDA margin | 7.0% | 11.1% | 14.3% | 13.5% | 16.6% | 19.6% | 16.4% | 15.1% | 21.7% |
| Finance costs | 1.9 | 2.1 | 2.6 | 1.4 | 0.3 | 3.3 | 31.8 | 58.7 | 66.1 |
| Depreciation | 91.3 | 106 | 113 | 119 | 148 | 251 | 247 | 242 | 249 |
| Profit before tax | 207 | 248 | 246 | 144 | 176 | 193 | 109 | −282 | −6.6 |
| Tax | 42.5 | 51.8 | 31.8 | −93.1 | 2.8 | −3.4 | 51.2 | 12.9 | 10 |
| Net profit | 166 | 197 | 213 | 236 | 171 | 189 | 58.6 | −301 | −17.1 |
| Net margin | 17.0% | 19.6% | 19.7% | 20.9% | 14.0% | 14.5% | 4.5% | -24.9% | -1.3% |
| EPS (₹) | 3.48 | 4.20 | 4.50 | 5.09 | 3.69 | 4.15 | 1.47 | -11.63 | -1.77 |
| Net profit YoY | −15.8% | −7.5% | −10.0% | +38.2% | −9.4% | +222.2% | +119.5% | −1656.6% | – |
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 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | −16.6 | 18.3 | 84 | 139 | 129 |
| Investing cash flow | 24.3 | −21.8 | −66.2 | −54.3 | −258 |
| Financing cash flow | −3.4 | −7.2 | −6.9 | −115 | 95.9 |
| Capital expenditure | 41 | 41.4 | 53.8 | 99.3 | 103 |
| Free cash flow (CFO − capex) | −57.6 | −23.1 | 30.1 | 40 | 25.9 |
Net profit trend
annual, ₹ croreFY21
₹189
FY22
₹171−9%
FY23
₹236+38%
FY24
₹213−10%
FY25
₹197−8%
FY26
₹166−16%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 14 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 14 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 14 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 14 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 14 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 14 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 14 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 7.5×8.6×
P/B5Y avg 0.52×0.33×
ROEFY26, on average equity4.5%
Net margin17.0%
Debt / equity0.00×
Revenue CAGR (3Y)-4.8%
Profit CAGR (3Y)-11.2%
EPS (TTM)₹3.07
Market cap₹1,258 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.33×
vs 8-point avg 0.52× (−36%)
0.29× low0.52× avg0.73× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹4,283 Cr+3%
Net worth₹3,785 Cr+5%
Total borrowings₹0 Cr
Cash & bank balances₹20 Cr+25%
Investments₹210 Cr−86%
Inventories₹0 Cr
Trade receivables₹107 Cr−29%
Trade payables₹286 Cr−2%
Change vs the same date a year earlier.
Revenue mix FY26
Cable distribution network95.8%result ₹−20 Cr
Broadband4.2%result ₹−2.9 Cr
Segment revenue as reported, before inter-segment eliminations.