Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 169 | 165 | 146 | 164 | 120 | 112 | 122 | 125 | 127 | 94.8 | 117 | 118 | 108 | 118 |
| Other income | 4.2 | 5.2 | 3 | 4.3 | 2 | 2.4 | 3.8 | 3.1 | 5.7 | 4.3 | 3.9 | 6.2 | 0.9 | 0.7 |
| Total expenses | 157 | 150 | 134 | 155 | 118 | 114 | 116 | 112 | 117 | 84.1 | 96 | 98 | 90.6 | 101 |
| EBITDA | 22 | 26 | 21.9 | 18.4 | 11.3 | 6.2 | 14.9 | 22.2 | 16.7 | 17 | 26.3 | 26.7 | 22.7 | 26.1 |
| EBITDA margin | 13.0% | 15.7% | 15.0% | 11.2% | 9.4% | 5.5% | 12.2% | 17.8% | 13.2% | 17.9% | 22.5% | 22.7% | 21.0% | 22.1% |
| Finance costs | 1.9 | 2.2 | 2 | 1.9 | 2.1 | 1.7 | 2.3 | 2.3 | 2.1 | 2.5 | 2.9 | 3.2 | 3 | 6.3 |
| Depreciation | 7.4 | 8.4 | 8 | 7.4 | 7 | 6.1 | 7 | 6.5 | 4.6 | 3.9 | 2.5 | 3.7 | 2 | 2.7 |
| Profit before tax | 16.9 | 20.5 | 14.8 | 13.5 | 4.2 | 0.8 | 9.4 | 16.5 | 15.7 | 15 | 24.8 | 26.1 | 18.7 | 17.7 |
| Tax | 5.9 | 3 | 4 | 2.6 | 1.8 | 1.5 | 1.6 | 3.6 | 3.4 | 5.4 | 5.9 | 7.8 | 4.8 | 3.9 |
| Net profit | 11 | 17.5 | 10.8 | 10.9 | 2.4 | −0.7 | 7.8 | 12.9 | 12.4 | 9.5 | 19 | 18.2 | 13.8 | 13.9 |
| Net margin | 6.5% | 10.6% | 7.4% | 6.6% | 2.0% | -0.6% | 6.4% | 10.3% | 9.7% | 10.0% | 16.2% | 15.5% | 12.8% | 11.8% |
| EPS (₹) | 1.40 | 2.13 | 1.39 | 1.41 | 0.31 | -0.09 | 1.01 | 1.67 | 1.60 | 1.27 | 2.56 | 2.36 | 1.79 | 2.13 |
| Net profit YoY | +364.5% | +2711.5% | +38.0% | −15.7% | −80.8% | −107.0% | −58.9% | −29.2% | −10.7% | −31.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 595 | 486 | 438 | 359 |
| Other income | 14.5 | 15.1 | 15.3 | 3.2 |
| Total expenses | 557 | 459 | 369 | 296 |
| EBITDA | 77.5 | 60 | 92.7 | 77.5 |
| EBITDA margin | 13.0% | 12.3% | 21.2% | 21.6% |
| Finance costs | 8.2 | 8.4 | 11.6 | 9 |
| Depreciation | 30.9 | 24.3 | 12 | 5.8 |
| Profit before tax | 53 | 42.4 | 84.5 | 65.8 |
| Tax | 11.4 | 10 | 23.9 | 15.8 |
| Net profit | 41.6 | 32.4 | 60.6 | 50 |
| Net margin | 7.0% | 6.7% | 13.8% | 13.9% |
| EPS (₹) | 4.89 | 4.19 | 8.09 | 7.70 |
| Net profit YoY | +28.2% | −46.5% | +21.1% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | 16.4 | 35.1 | −5.2 | 56.8 |
| Investing cash flow | −12.5 | −4.1 | −249 | −49.9 |
| Financing cash flow | 6 | −33.2 | 266 | −7.7 |
| Capital expenditure | 81.8 | 95.9 | 83.7 | 19.7 |
| Free cash flow (CFO − capex) | −65.4 | −60.8 | −88.9 | 37.2 |
Net profit trend
annual, ₹ croreFY23
₹50
FY24
₹60.6+21%
FY25
₹32.4−46%
FY26
₹41.6+28%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 8 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 8 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 3 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 3 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 31 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 7 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 7 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 2 Aug 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 2 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 37.3×31.6×
P/B5Y avg 3.45×2.64×
ROEFY26, on average equity7.1%
Net margin7.0%
Debt / equity0.07×
Revenue CAGR (3Y)18.4%
Profit CAGR (3Y)-6.0%
EPS (TTM)₹6.50
Market cap₹1,588 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.64×
vs 6-point avg 3.45× (−23%)
1.38× low3.45× avg5.23× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹767 Cr+14%
Net worth₹602 Cr+7%
Total borrowings₹41 Cr+73%
Cash & bank balances₹22 Cr+83%
Investments₹0 Cr
Inventories₹201 Cr+45%
Trade receivables₹133 Cr+17%
Trade payables₹45 Cr+32%
Change vs the same date a year earlier.