Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q2 FY21
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q3 FY23 | Q2 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.1 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other income | 0.6 | 0.6 | 1.3 | 0.7 | 1.4 | 1.8 | 1.6 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 1.6 | 1.1 | 1.4 | 0.3 | 0.3 | 0.3 | 0 | 0 |
| Total expenses | 4 | 5 | 4.8 | 4.6 | 4.2 | 4.8 | 4.2 | 4 | 4.1 | 3.9 | 3.9 | 3.8 | 3.9 | 3.8 | 10.7 | 3.1 | 5.1 | 2.9 | 8.5 | 0.5 | 0.4 |
| EBITDA | −1.6 | −2.3 | −2.4 | −2.5 | −2.3 | −3.1 | −2.3 | −2.2 | −2.3 | −2.1 | −2.2 | −2.1 | −2.1 | −2 | −9.3 | −1.3 | −3.8 | −1.5 | −7.2 | −0.2 | −0.3 |
| EBITDA margin | -1111.6% | -918.0% | -924.3% | -1033.7% | -950.6% | -1314.1% | -970.2% | -947.4% | -1186.1% | -1566.4% | -1690.1% | -1687.7% | -2439.4% | 341250.0% | – | – | – | – | – | – | – |
| Finance costs | 2.2 | 2.3 | 2.2 | 1.8 | 1.7 | 1.4 | 1.6 | 1.6 | 1.5 | 1.6 | 1.6 | 1.6 | 1.7 | 1.7 | 1.4 | 1.8 | 1.4 | 1.2 | 1.1 | 0.1 | 0.1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0.2 | 0 |
| Profit before tax | −3.2 | −4.1 | −3.2 | −3.6 | −2.6 | −2.8 | −2.3 | −2 | −2.1 | −1.8 | −1.9 | −1.8 | −2 | −2.2 | −9.6 | −1.6 | −4.9 | −2.6 | −8.2 | −0.4 | −0.4 |
| Tax | 0 | −2.4 | 0 | 0 | 0 | −1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3.8 | 0 | 0.5 | −0.6 | −2.1 | −0.1 | −0.1 |
| Net profit | −3.2 | −1.7 | −3.2 | −3.6 | −2.6 | −1.1 | −2.3 | −2 | −2.1 | −1.8 | −1.9 | −1.8 | −2 | −2.2 | −5.8 | −1.6 | −5.4 | −1.9 | −6.1 | −0.3 | −0.3 |
| Net margin | -2191.9% | -675.7% | -1266.5% | -1487.5% | -1107.7% | -442.5% | -974.0% | -877.6% | -1066.3% | -1343.1% | -1461.2% | -1417.1% | -2262.1% | 362750.0% | – | – | – | – | – | – | – |
| EPS (₹) | -0.11 | -0.06 | -0.11 | -0.13 | -0.09 | -0.04 | -0.08 | -0.07 | -0.07 | -0.06 | -0.07 | -0.06 | -0.07 | -0.08 | -0.20 | -0.06 | -0.19 | -0.07 | -0.21 | -0.01 | -0.01 |
| Net profit YoY | −21.2% | −63.3% | −39.2% | −77.3% | −25.9% | – | −28.5% | −8.4% | −18.7% | +7.8% | +13.5% | – | −20.3% | +59.7% | +4.8% | −394.8% | −1790.9% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY22 | FY21 |
|---|---|---|---|---|
| Revenue from operations | 1 | 0.9 | 0 | 0 |
| Other income | 4.1 | 6.9 | 3.2 | 0.4 |
| Total expenses | 18.6 | 17.1 | 21.8 | 10.4 |
| EBITDA | −9.5 | −10 | −16 | −8.3 |
| EBITDA margin | -955.8% | -1101.9% | – | – |
| Finance costs | 8 | 6.1 | 5.8 | 1.3 |
| Depreciation | 0.1 | 0.1 | 0 | 0.8 |
| Profit before tax | −13.6 | −9.3 | −18.6 | −10.1 |
| Tax | −2.4 | −1.8 | −3.8 | −2.6 |
| Net profit | −11.2 | −7.5 | −14.9 | −7.5 |
| Net margin | -1130.6% | -829.5% | – | – |
| EPS (₹) | -0.39 | -0.26 | -0.52 | -0.26 |
| Net profit YoY | −49.2% | – | −99.4% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY22 |
|---|---|---|---|
| Operating cash flow | −151 | −16.9 | −13.7 |
| Investing cash flow | 61.5 | 25.5 | −7.3 |
| Financing cash flow | 64.9 | 41.4 | 30.3 |
| Capital expenditure | 0 | 0 | 0 |
| Free cash flow (CFO − capex) | −151 | −16.9 | −13.8 |
Net profit trend
annual, ₹ croreFY21
₹−7.5
FY22
₹−14.9−99%
FY25
₹−7.5+49%
FY26
₹−11.2−49%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 11 Aug 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 20 May 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 28 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 29 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 14 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 28 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 12 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 11 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 13 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-291.2×
P/B5Y avg 9.94×7.91×
ROEFY26, on average equity-2.7%
Net margin-1130.6%
Debt / equity0.06×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹-0.41
Market cap₹3,430 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
7.91×
vs 6-point avg 9.94× (−20%)
7.30× low9.94× avg16.16× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,163 Cr+6%
Net worth₹434 Cr+9%
Total borrowings₹26 Cr−57%
Cash & bank balances₹25 Cr−50%
Investments₹0 Cr−100%
Inventories₹131 Cr+7253144%
Trade receivables₹0 Cr+144%
Trade payables₹1 Cr+16%
Change vs the same date a year earlier.