Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY25
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 75.4 | 94.6 | 85.3 | 71.4 | 63.1 | 75.3 | 58.1 | 51.2 | 53.2 |
| Other income | 1.1 | 1.6 | 1.3 | 1.4 | 1.4 | 1.5 | 2.2 | 0.1 | 0.6 |
| Total expenses | 66.7 | 81.6 | 74.5 | 63.1 | 56.2 | 65.5 | 53 | 44.9 | 45.5 |
| EBITDA | 12.3 | 16.6 | 14.6 | 11.1 | 9.6 | 12.8 | 7.7 | 9.4 | 10.9 |
| EBITDA margin | 16.3% | 17.6% | 17.1% | 15.6% | 15.3% | 17.0% | 13.3% | 18.3% | 20.4% |
| Finance costs | 0.5 | 0.9 | 0.8 | 0.5 | 0.6 | 0.9 | 0.6 | 1.1 | 1.2 |
| Depreciation | 3.2 | 2.7 | 3 | 2.3 | 2.2 | 2 | 2 | 2 | 1.9 |
| Profit before tax | 9.6 | 14.6 | 11 | 9.6 | 8.2 | 11.3 | 7.2 | 6.4 | 8.3 |
| Tax | 1.4 | 2.4 | 2.7 | 1.2 | 1.7 | 1.3 | 2 | 1.1 | 2 |
| Net profit | 8.2 | 12.2 | 8.3 | 8.4 | 6.5 | 10 | 5.3 | 5.2 | 6.3 |
| Net margin | 10.9% | 12.9% | 9.7% | 11.7% | 10.4% | 13.3% | 9.1% | 10.2% | 11.8% |
| EPS (₹) | 6.41 | 9.60 | 6.53 | 6.62 | 5.14 | 8.65 | 4.72 | 5.03 | 6.23 |
| Net profit YoY | +25.4% | +22.4% | +57.1% | +60.0% | +3.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 |
|---|---|---|
| Revenue from operations | 314 | 238 |
| Other income | 5.6 | 4.4 |
| Total expenses | 275 | 209 |
| EBITDA | 51.9 | 40.8 |
| EBITDA margin | 16.5% | 17.1% |
| Finance costs | 2.8 | 3.8 |
| Depreciation | 10.2 | 8 |
| Profit before tax | 43.4 | 33.1 |
| Tax | 7.9 | 6.3 |
| Net profit | 35.5 | 26.8 |
| Net margin | 11.3% | 11.3% |
| EPS (₹) | 27.85 | 23.23 |
| Net profit YoY | +32.2% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 |
|---|---|---|
| Operating cash flow | 10.2 | 2.7 |
| Investing cash flow | −11.3 | −91.9 |
| Financing cash flow | 11 | 89.3 |
| Capital expenditure | 29.8 | 27.3 |
| Free cash flow (CFO − capex) | −19.6 | −24.6 |
Net profit trend
annual, ₹ croreFY25
₹26.8
FY26
₹35.5+32%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 6 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 15 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 5 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF XBRL |
| Q3 FY26 | Standalone | – | PDF XBRL |
| Q3 FY26 | Standalone | 5 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 11 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 11 Nov 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 31.8×39.6×
P/B5Y avg 3.69×5.03×
ROEFY26, on average equity12.9%
Net margin11.3%
Debt / equity0.12×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹29.01
Market cap₹1,470 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.03×
vs 4-point avg 3.69× (+36%)
3.07× low3.69× avg5.03× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹374 Cr+17%
Net worth₹292 Cr+14%
Total borrowings₹37 Cr+58%
Cash & bank balances₹11 Cr+650%
Investments₹0 Cr
Inventories₹89 Cr+24%
Trade receivables₹82 Cr+15%
Trade payables₹20 Cr+9%
Change vs the same date a year earlier.
Revenue mix Q2 FY25
Springs, Parts, Fasteners and Assemblies100.0%result ₹7.8 Cr
Surface Engineering Solutions0.0%result ₹0 Cr
Segment revenue as reported, before inter-segment eliminations.