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 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,017 | 1,056 | 1,076 | 1,063 | 926 | 860 | 1,007 | 856 | 788 | 697 | 808 | 927 | 588 | 863 | 546 | 779 | 948 | 856 | 777 | 692 | 728 | 653 | 619 | 633 | 559 | 482 | 475 | 590 | 614 | 0 |
| Other income | 3.5 | 14.2 | 6.8 | 8.4 | 3 | 10.2 | 7.4 | 5.4 | 5.4 | 10 | 2.6 | 2.8 | 3 | 0 | 2.7 | 2.5 | 5.5 | 8.2 | 2.9 | 1.9 | 8.4 | 2 | 3.5 | 3.9 | 2.9 | 3.6 | 5.8 | 9.8 | 4.9 | 0 |
| Total expenses | 1,012 | 1,062 | 1,075 | 1,067 | 924 | 862 | 1,013 | 855 | 790 | 705 | 807 | 918 | 588 | 856 | 544 | 773 | 943 | 853 | 772 | 684 | 728 | 646 | 617 | 631 | 557 | 475 | 474 | 595 | 614 | 0 |
| EBITDA | 16.6 | 3.4 | 10.6 | 8.4 | 13.9 | 9.3 | 7 | 11.6 | 8.4 | 4.3 | 12.8 | 17.9 | 11.3 | 17.5 | 10.1 | 14.1 | 14.2 | 9.6 | 10.6 | 13.3 | 6 | 13.3 | 9.2 | 8.5 | 8.9 | 14.9 | 7.4 | 5.2 | 10.1 | 0 |
| EBITDA margin | 1.6% | 0.3% | 1.0% | 0.8% | 1.5% | 1.1% | 0.7% | 1.4% | 1.1% | 0.6% | 1.6% | 1.9% | 1.9% | 2.0% | 1.8% | 1.8% | 1.5% | 1.1% | 1.4% | 1.9% | 0.8% | 2.0% | 1.5% | 1.3% | 1.6% | 3.1% | 1.6% | 0.9% | 1.7% | – |
| Finance costs | 9.3 | 7.3 | 7.4 | 9.6 | 8.8 | 7.8 | 9.1 | 8.5 | 7.9 | 9.2 | 9.6 | 6.1 | 8.4 | 7.6 | 6.1 | 6.3 | 7.5 | 4.9 | 3.6 | 4.4 | 5.1 | 4.9 | 5.5 | 4.2 | 5.5 | 6.7 | 5.4 | 8.6 | 8.9 | 0 |
| Depreciation | 2.8 | 2.7 | 2.7 | 2.8 | 2.7 | 3 | 3.8 | 2.1 | 2.7 | 2.7 | 2.6 | 2.6 | 2.4 | 2.3 | 2 | 1.8 | 1.6 | 1.6 | 1.7 | 1.6 | 1.4 | 1.4 | 1.3 | 1.4 | 1.3 | 1.4 | 1.4 | 1.4 | 1.3 | 0 |
| Profit before tax | 8 | 7.6 | 7.3 | 4.4 | 5.3 | 8.7 | 1.5 | 6.4 | 3.2 | 2.3 | 3.3 | −6.3 | 3.4 | 7.8 | 4.7 | 8.5 | 10.4 | 11.3 | 8.3 | 9.3 | 7.9 | 9.1 | 5.9 | 6.8 | 5.1 | 10.4 | 6.3 | 5 | 4.9 | 0 |
| Tax | 1.9 | 1.8 | 2 | 0.9 | 1.4 | 2.1 | 0.9 | 1.3 | 0.8 | 0.4 | 1.3 | −1.6 | 0.9 | 1.8 | 1.3 | 0.7 | 3.5 | 4 | 2.2 | 2 | 2 | 2.2 | 1.5 | 1.7 | 1.1 | 2.1 | 1.1 | 1.9 | 1.7 | 0 |
| Net profit | 6.1 | 5.8 | 5.2 | 3.5 | 3.9 | 6.6 | 0.6 | 5.1 | 2.4 | 2 | 2 | −4.7 | 2.5 | 6 | 3.4 | 7.8 | 7 | 7.4 | 6.1 | 7.3 | 5.8 | 6.9 | 4.5 | 5.1 | 4 | 8.3 | 5.3 | 3.1 | 3.2 | 0 |
| Net margin | 0.6% | 0.6% | 0.5% | 0.3% | 0.4% | 0.8% | 0.1% | 0.6% | 0.3% | 0.3% | 0.3% | -0.5% | 0.4% | 0.7% | 0.6% | 1.0% | 0.7% | 0.9% | 0.8% | 1.0% | 0.8% | 1.1% | 0.7% | 0.8% | 0.7% | 1.7% | 1.1% | 0.5% | 0.5% | – |
| EPS (₹) | 0.61 | 0.59 | 0.53 | 0.36 | 0.39 | 0.67 | 0.06 | 0.52 | 0.25 | 0.20 | 0.21 | -0.47 | 0.26 | 0.60 | 0.34 | 0.79 | 0.70 | 0.74 | 0.61 | 0.73 | 0.59 | 0.70 | 0.45 | 0.39 | 0.30 | 0.63 | 0.40 | 0.23 | 0.24 | 0.00 |
| Net profit YoY | +57.6% | −11.9% | +805.5% | −31.5% | +58.0% | +238.8% | −71.4% | +209.5% | −3.3% | −67.2% | −40.5% | −160.2% | −63.8% | −18.9% | −43.8% | +7.4% | +19.2% | +6.7% | +35.8% | +41.3% | +47.7% | −16.5% | −15.5% | +66.5% | +25.4% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4,120 | 3,511 | 3,020 | 3,137 | 3,053 | 2,465 | 2,161 | 1,988 |
| Other income | 32.4 | 28.4 | 18.5 | 10.3 | 21.5 | 12.4 | 24.1 | 29 |
| Total expenses | 4,128 | 3,519 | 3,017 | 3,116 | 3,038 | 2,450 | 2,159 | 2,008 |
| EBITDA | 36.3 | 36.4 | 46.2 | 55.8 | 39.5 | 39.9 | 37.6 | 16.7 |
| EBITDA margin | 0.9% | 1.0% | 1.5% | 1.8% | 1.3% | 1.6% | 1.7% | 0.8% |
| Finance costs | 33.1 | 33.4 | 33.3 | 27.1 | 18 | 20.1 | 29.6 | 32.8 |
| Depreciation | 10.9 | 11.6 | 10.4 | 7.7 | 6.2 | 5.4 | 5.6 | 4.6 |
| Profit before tax | 24.6 | 19.8 | 2.7 | 31.4 | 36.7 | 26.9 | 26.6 | −16.4 |
| Tax | 6.2 | 5 | 0.9 | 7.2 | 10.2 | 6.4 | 6.8 | 3.3 |
| Net profit | 18.5 | 14.8 | 1.8 | 24.1 | 26.5 | 20.5 | 19.8 | 9 |
| Net margin | 0.4% | 0.4% | 0.1% | 0.8% | 0.9% | 0.8% | 0.9% | 0.5% |
| EPS (₹) | 1.87 | 1.50 | 0.18 | 2.44 | 2.68 | 2.07 | 1.50 | -1.50 |
| Net profit YoY | +24.8% | +716.6% | −92.5% | −9.0% | +29.7% | +3.4% | – | – |
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 | 33.8 | 17.1 | 55.6 | 92.2 | −59.6 |
| Investing cash flow | −3.1 | −4.8 | 16.8 | −21.9 | −20 |
| Financing cash flow | 72.5 | −35.4 | −123 | 26.6 | 66.2 |
| Capital expenditure | 8.4 | 9.7 | 12.7 | 29.4 | 19.7 |
| Free cash flow (CFO − capex) | 25.4 | 7.4 | 42.9 | 62.8 | −79.3 |
Net profit trend
annual, ₹ croreFY21
₹20.5
FY22
₹26.5+30%
FY23
₹24.1−9%
FY24
₹1.8−92%
FY25
₹14.8+717%
FY26
₹18.5+25%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 28 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 28 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 on NSE XBRL |
| Q1 FY26 | Consolidated | 14 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 61.6×19.0×
P/B5Y avg 1.10×1.08×
ROEFY26, on average equity5.2%
Net margin0.4%
Debt / equity1.05×
Revenue CAGR (3Y)9.5%
Profit CAGR (3Y)-8.5%
EPS (TTM)₹2.09
Market cap₹393 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.08×
vs 8-point avg 1.10× (−1%)
0.79× low1.10× avg1.51× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹910 Cr+19%
Net worth₹363 Cr+5%
Total borrowings₹383 Cr+39%
Cash & bank balances₹60 Cr+232%
Investments₹106 Cr+148%
Inventories₹187 Cr−15%
Trade receivables₹210 Cr+32%
Trade payables₹141 Cr+13%
Change vs the same date a year earlier.
Revenue mix FY18
Agro based Commodity100.0%result ₹16.4 Cr
Segment revenue as reported, before inter-segment eliminations.