Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q2 FY22
| ₹ 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 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 117 | 111 | 105 | 99 | 95.6 | 99.9 | 89.2 | 97.6 | 87.5 | 146 | 106 | 103 | 122 | 134 | 99 | 92 | 95.5 | 102 | 81.7 |
| Other income | 5.2 | 4.9 | 7.7 | 7.5 | 5.3 | 5.1 | 4.2 | 4.7 | 3.7 | 7 | 1.5 | 1.7 | 3.2 | 1.7 | 1.9 | 1.4 | 0.9 | 1 | 0.8 |
| Total expenses | 98.7 | 97.7 | 90.9 | 84.4 | 74.7 | 76.4 | 69.2 | 80.5 | 69.2 | 132 | 86.9 | 83 | 104 | 116 | 81 | 76.6 | 84 | 89.3 | 75.1 |
| EBITDA | 27 | 20.6 | 21.9 | 22 | 29.1 | 31.6 | 27 | 24.5 | 25.1 | 21.1 | 24.1 | 25.4 | 25.1 | 23.4 | 24.2 | 20 | 16.5 | 17.2 | 10.4 |
| EBITDA margin | 23.0% | 18.4% | 20.8% | 22.2% | 30.4% | 31.6% | 30.3% | 25.1% | 28.7% | 14.4% | 22.7% | 24.7% | 20.6% | 17.5% | 24.5% | 21.7% | 17.2% | 16.9% | 12.7% |
| Finance costs | 2 | 0.6 | 1.5 | 1.4 | 2.3 | 2.3 | 1.4 | 1.9 | 1.4 | 1.5 | −0.3 | 1.1 | 2.5 | 0.2 | 1.8 | 0.6 | 0.9 | 1.1 | 0.8 |
| Depreciation | 6.2 | 6.1 | 6 | 6 | 5.9 | 5.7 | 5.6 | 5.6 | 5.5 | 5.8 | 5.1 | 4.7 | 4.7 | 4.9 | 4.4 | 4 | 4 | 3.5 | 3 |
| Profit before tax | 24 | 18.7 | 22.2 | 31.8 | 25.3 | −16.1 | 24.2 | 21.8 | 22 | 20.9 | 20.8 | 21.4 | 20.9 | 19.7 | 19.9 | 16.8 | 12.1 | 13.6 | 6.9 |
| Tax | 6.5 | 3.4 | 6 | 8 | 7.2 | −3 | 5.9 | 5.4 | 5.6 | 6.6 | 4.7 | 5.8 | 5.4 | 4.9 | 5.4 | 4.5 | 3.6 | 3.1 | 2.6 |
| Net profit | 17.6 | 15.3 | 16.2 | 23.8 | 18.1 | −13.2 | 18.4 | 16.5 | 16.4 | 14.3 | 16.1 | 15.6 | 15.5 | 14.7 | 14.5 | 12.3 | 8.5 | 10.5 | 4.3 |
| Net margin | 15.0% | 13.7% | 15.3% | 24.0% | 19.0% | -13.2% | 20.6% | 16.9% | 18.8% | 9.8% | 15.1% | 15.2% | 12.7% | 11.0% | 14.7% | 13.4% | 8.9% | 10.3% | 5.3% |
| EPS (₹) | 2.44 | 2.12 | 2.24 | 3.30 | 2.52 | -1.83 | 2.55 | 2.29 | 2.28 | 2.03 | 2.34 | 2.33 | 2.37 | 2.44 | 2.33 | 1.97 | 1.41 | 1.69 | 0.69 |
| Net profit YoY | −3.0% | +215.9% | −12.2% | +44.3% | +10.4% | −192.3% | +14.4% | +5.6% | +6.1% | −3.1% | +10.8% | – | +25.9% | +73.2% | +37.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 411 | 374 | 477 | 421 | 358 |
| Other income | 25.4 | 17.7 | 13.5 | 8.3 | 3.1 |
| Total expenses | 348 | 295 | 407 | 355 | 315 |
| EBITDA | 93.6 | 108 | 95.6 | 87.7 | 61.2 |
| EBITDA margin | 22.7% | 28.9% | 20.0% | 20.8% | 17.1% |
| Finance costs | 5.8 | 6.9 | 4.8 | 4.1 | 3.7 |
| Depreciation | 24 | 22.4 | 20.3 | 17.3 | 14.7 |
| Profit before tax | 98 | 51.9 | 84 | 74.2 | 45.2 |
| Tax | 24.7 | 13.8 | 22.6 | 19.2 | 12.5 |
| Net profit | 73.3 | 38.1 | 61.4 | 55.1 | 32.7 |
| Net margin | 17.8% | 10.2% | 12.9% | 13.1% | 9.1% |
| EPS (₹) | 10.19 | 5.29 | 9.07 | 8.73 | 5.37 |
| Net profit YoY | +92.6% | −38.0% | +11.6% | +68.5% | – |
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 | 79.3 | 54.9 | 83.3 | 40.6 | 86.2 |
| Investing cash flow | −78.6 | −60.1 | −147 | −62.1 | −59.1 |
| Financing cash flow | −1.6 | −0.9 | 72.9 | 15 | −25.5 |
| Capital expenditure | 64.3 | 39 | 82.4 | 44.1 | 19.7 |
| Free cash flow (CFO − capex) | 15 | 15.9 | 0.9 | −3.5 | 66.5 |
Net profit trend
annual, ₹ croreFY22
₹32.7
FY23
₹55.1+68%
FY24
₹61.4+12%
FY25
₹38.1−38%
FY26
₹73.3+93%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 11 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 11 Aug 2026 | PDF XBRL |
| Q4 FY26 | Consolidated · audited | 27 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 11 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 11 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 17.4×12.9×
P/B5Y avg 1.98×1.54×
ROEFY26, on average equity12.8%
Net margin17.8%
Debt / equity0.04×
Revenue CAGR (3Y)-0.8%
Profit CAGR (3Y)10.0%
EPS (TTM)₹10.11
Market cap₹942 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.54×
vs 7-point avg 1.98× (−22%)
0.85× low1.98× avg3.28× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹850 Cr+17%
Net worth₹611 Cr+13%
Total borrowings₹24 Cr+22%
Cash & bank balances₹8 Cr−10%
Investments₹24 Cr+23%
Inventories₹39 Cr+47%
Trade receivables₹56 Cr−5%
Trade payables₹42 Cr+5%
Change vs the same date a year earlier.
Revenue mix FY26
LST DIVISION INC RAIL LOGISTIC, EPC AND WHARFAGE54.9%result ₹73.2 Cr
CHEMICAL DIVISION45.1%result ₹21.3 Cr
Segment revenue as reported, before inter-segment eliminations.