Quarterly results
consolidated · 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 | 140 | 126 | 108 | 58.9 | 111 | 114 | 119 | 146 | 152 | 132 | 87.1 |
| Other income | 0.5 | 0 | 0 | 0 | 0.7 | 0 | 0 | 0 | 0 | 12 | 12.2 |
| Total expenses | 67.6 | 61.4 | 53.7 | 50.7 | 56.4 | 58 | 67.1 | 52.5 | 51.4 | 49.1 | 42.1 |
| EBITDA | 84.2 | 76.4 | 65.5 | 20.1 | 65 | 68.6 | 64.7 | 104 | 110 | 92 | 52.1 |
| EBITDA margin | 60.0% | 60.7% | 60.6% | 34.1% | 58.8% | 60.2% | 54.5% | 71.6% | 72.6% | 69.7% | 59.8% |
| Finance costs | 10.8 | 11.1 | 10.4 | 11.4 | 10.3 | 12 | 12.5 | 10.6 | 9.4 | 8.7 | 6.8 |
| Depreciation | 0.7 | 0.8 | 0.7 | 0.5 | 0.5 | 0.7 | 0.6 | 0.6 | 0.4 | 0.4 | 0.3 |
| Profit before tax | 73.2 | 64.5 | 54.4 | 8.2 | 54.9 | 55.9 | 51.6 | 93.1 | 100 | 94.9 | 57.2 |
| Tax | 19.4 | 17.7 | 15.4 | 3.6 | 15.9 | 16.1 | 14.1 | 26.2 | 28.5 | 26.6 | 15.7 |
| Net profit | 53.9 | 46.8 | 39 | 4.6 | 38.9 | 39.8 | 37.5 | 66.9 | 71.9 | 68.2 | 41.5 |
| Net margin | 38.4% | 37.2% | 36.0% | 7.8% | 35.2% | 34.9% | 31.6% | 45.9% | 47.4% | 51.7% | 47.7% |
| EPS (₹) | 3.06 | 2.65 | 2.21 | 0.26 | 2.20 | 2.25 | 2.12 | 3.79 | 4.07 | 3.87 | 2.36 |
| Net profit YoY | +38.4% | +17.7% | +3.9% | −93.1% | −45.8% | −41.7% | −9.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 404 | 530 | 331 |
| Other income | 0 | 0 | 45.3 |
| Total expenses | 222 | 229 | 157 |
| EBITDA | 228 | 348 | 204 |
| EBITDA margin | 56.4% | 65.6% | 61.5% |
| Finance costs | 43.2 | 44.5 | 28.4 |
| Depreciation | 2.5 | 2.3 | 1.2 |
| Profit before tax | 182 | 301 | 220 |
| Tax | 52.6 | 84.9 | 61.8 |
| Net profit | 129 | 216 | 158 |
| Net margin | 32.0% | 40.8% | 47.6% |
| EPS (₹) | 7.32 | 12.24 | 8.94 |
| Net profit YoY | −40.1% | +37.0% | – |
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 |
|---|---|---|---|
| Operating cash flow | 55.6 | −26.8 | −12.1 |
| Investing cash flow | −3.9 | −3.6 | 33.3 |
| Financing cash flow | −60.5 | 46.9 | −4.7 |
| Capital expenditure | 3.8 | 3.5 | 3.5 |
| Free cash flow (CFO − capex) | 51.8 | −30.3 | −15.6 |
Net profit trend
annual, ₹ croreFY24
₹158
FY25
₹216+37%
FY26
₹129−40%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 14 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 21 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 21 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 28 Jan 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 28 Jan 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 7.8×8.2×
P/B5Y avg 1.61×1.05×
ROEFY26, on average equity12.1%
Net margin32.0%
Debt / equity0.25×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹8.20
Market cap₹1,188 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.05×
vs 5-point avg 1.61× (−35%)
1.03× low1.61× avg2.68× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,536 Cr+35%
Net worth₹1,130 Cr+13%
Total borrowings₹284 Cr+331%
Cash & bank balances₹8 Cr−25%
Investments₹85 Cr−7%
Inventories₹0 Cr
Trade receivables₹0 Cr
Trade payables₹0 Cr
Change vs the same date a year earlier.