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 | 671 | 604 | 592 | 568 | 562 | 509 | 501 | 458 | 445 | 404 | 372 |
| Other income | 4 | 4.1 | 3.5 | 6.4 | 4.5 | 4.8 | 6.2 | 6.1 | 5.6 | 5.7 | 2 |
| Total expenses | 613 | 529 | 514 | 493 | 487 | 445 | 434 | 392 | 377 | 347 | 321 |
| EBITDA | 82.6 | 101 | 103 | 99.5 | 98.7 | 88.3 | 87.9 | 85.9 | 86.4 | 75.9 | 69.3 |
| EBITDA margin | 12.3% | 16.7% | 17.5% | 17.5% | 17.6% | 17.3% | 17.5% | 18.8% | 19.4% | 18.8% | 18.7% |
| Finance costs | 2 | 3 | 2.2 | 2.1 | 3.5 | 3.6 | 3.6 | 3.8 | 4 | 4.3 | 5 |
| Depreciation | 23.4 | 23.2 | 22.5 | 22 | 20.4 | 20.8 | 17.5 | 16.1 | 14.8 | 14.4 | 14 |
| Profit before tax | 61.1 | 78.9 | 82.2 | 81.8 | 79.3 | 68.6 | 73 | 72.1 | 73.2 | 62.9 | 52.4 |
| Tax | 15.9 | 20.7 | 20.8 | 21 | 20.2 | 17.4 | 18.7 | 18.4 | 18.9 | 16 | 13.6 |
| Net profit | 45.3 | 58.2 | 61.4 | 60.9 | 59.1 | 51.3 | 54.3 | 53.7 | 54.3 | 46.9 | 38.8 |
| Net margin | 6.8% | 9.6% | 10.4% | 10.7% | 10.5% | 10.1% | 10.8% | 11.7% | 12.2% | 11.6% | 10.4% |
| EPS (₹) | 7.33 | 9.35 | 9.54 | 9.60 | 9.44 | 7.98 | 8.94 | 8.84 | 8.95 | 8.16 | 6.88 |
| Net profit YoY | −23.4% | +13.5% | +13.1% | +13.4% | +8.8% | +9.3% | +39.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 2,326 | 1,913 | 1,537 |
| Other income | 18.6 | 22.6 | 10.1 |
| Total expenses | 2,023 | 1,648 | 1,333 |
| EBITDA | 403 | 348 | 273 |
| EBITDA margin | 17.3% | 18.2% | 17.7% |
| Finance costs | 10.8 | 15 | 17.1 |
| Depreciation | 88.1 | 69.2 | 51.2 |
| Profit before tax | 322 | 287 | 214 |
| Tax | 82.7 | 73.3 | 54.8 |
| Net profit | 240 | 214 | 160 |
| Net margin | 10.3% | 11.2% | 10.4% |
| EPS (₹) | 37.93 | 33.34 | 27.75 |
| Net profit YoY | +12.2% | +33.7% | – |
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 | 254 | 183 | 183 |
| Investing cash flow | −149 | −140 | −458 |
| Financing cash flow | −113 | −39.8 | 297 |
| Capital expenditure | 281 | 210 | 153 |
| Free cash flow (CFO − capex) | −26.4 | −26.7 | 29.1 |
Net profit trend
annual, ₹ croreFY24
₹160
FY25
₹214+34%
FY26
₹240+12%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 3 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 3 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 18 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 18 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 30 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 30 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 10 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 10 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 8 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 66.5×56.0×
P/B5Y avg 14.49×10.36×
ROEFY26, on average equity21.6%
Net margin10.3%
Debt / equity0.07×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹37.20
Market cap₹12,641 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
10.36×
vs 5-point avg 14.49× (−28%)
10.36× low14.49× avg18.18× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,712 Cr+13%
Net worth₹1,220 Cr+22%
Total borrowings₹90 Cr−41%
Cash & bank balances₹53 Cr−12%
Investments₹1 Cr
Inventories₹377 Cr+28%
Trade receivables₹164 Cr+22%
Trade payables₹125 Cr+15%
Change vs the same date a year earlier.
Revenue mix FY26
Stationery Products91.3%result ₹326 Cr
Hygiene Products8.7%result ₹7.1 Cr
Segment revenue as reported, before inter-segment eliminations.