Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q1 FY21 | Q3 FY20 | Q2 FY20 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2.3 | 211 | 231 | 199 | 197 | 189 | 212 | 187 | 193 | 175 | 182 | 177 | 190 | 166 | 186 | 171 | 184 | 172 | 177 | 163 | 116 | 161 | 163 | 62.2 | 139 | 122 | 131 | 122 | 128 | 126 |
| Other income | 0.1 | 17.7 | 6 | 16.7 | 12 | 16.2 | 5.4 | 14.9 | 10.3 | 10.1 | 6.6 | 11.9 | 6.4 | 14.5 | 3.5 | 11.4 | 1.1 | 5.8 | 1.9 | 4.9 | 2.8 | 6.1 | 4.7 | 6.2 | 4.2 | 9.9 | 3.2 | 4.4 | 2.7 | 1.9 |
| Total expenses | 2.2 | 194 | 214 | 185 | 183 | 173 | 196 | 173 | 179 | 161 | 169 | 164 | 176 | 148 | 171 | 158 | 169 | 153 | 163 | 149 | 108 | 141 | 147 | 62.6 | 130 | 114 | 121 | 113 | 120 | 114 |
| EBITDA | 0.2 | 17.1 | 17.8 | 14.6 | 14.1 | 16 | 16.4 | 14.2 | 14.4 | 14.3 | 13.2 | 13.4 | 14.6 | 18.3 | 14.8 | 13.5 | 15.7 | 19.7 | 14.7 | 14.2 | 8.3 | 19.3 | 15.8 | −0.1 | 9.5 | 7.9 | 9.9 | 9.4 | 8.5 | 12.3 |
| EBITDA margin | 7.8% | 8.1% | 7.7% | 7.3% | 7.1% | 8.5% | 7.8% | 7.6% | 7.5% | 8.2% | 7.2% | 7.5% | 7.6% | 11.0% | 7.9% | 7.9% | 8.5% | 11.5% | 8.3% | 8.7% | 7.2% | 12.0% | 9.7% | -0.2% | 6.9% | 6.5% | 7.6% | 7.7% | 6.6% | 9.7% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Profit before tax | 0.3 | 34.5 | 23.4 | 30.9 | 25.7 | 29.3 | 21.6 | 28.9 | 24.4 | 24 | 19.5 | 25 | 20.7 | 32.5 | 18 | 24.6 | 16.6 | 25.3 | 16.4 | 18.8 | 10.8 | 25.2 | 20.2 | 5.8 | 13.5 | 17.5 | 12.9 | 13.5 | 11 | 13.9 |
| Tax | 0.1 | 1 | 6.2 | 5.4 | 5.3 | 5.4 | 5.3 | 6.5 | 3.9 | 4.7 | 4.6 | 4.2 | 3.2 | 6.5 | 4.9 | 4.5 | 2.3 | 5 | 4.4 | 4 | 1.1 | 6.5 | 5 | 0.9 | 3.2 | 1.6 | 4 | 3.4 | 3.6 | 3.6 |
| Net profit | 0.2 | 33.5 | 17.2 | 25.5 | 20.4 | 23.9 | 16.3 | 22.4 | 20.5 | 19.3 | 14.9 | 20.7 | 17.6 | 26 | 13.2 | 20.2 | 14.3 | 20.3 | 12 | 14.8 | 9.7 | 18.7 | 15.3 | 4.9 | 10.3 | 15.9 | 8.9 | 10.1 | 7.4 | 10.3 |
| Net margin | 9.3% | 15.9% | 7.4% | 12.8% | 10.4% | 12.7% | 7.7% | 12.0% | 10.6% | 11.0% | 8.2% | 11.7% | 9.2% | 15.7% | 7.1% | 11.8% | 7.8% | 11.8% | 6.8% | 9.1% | 8.4% | 11.6% | 9.4% | 7.9% | 7.4% | 13.1% | 6.8% | 8.3% | 5.8% | 8.2% |
| EPS (₹) | 17.38 | 26.81 | 13.77 | 20.44 | 16.35 | 19.18 | 13.06 | 17.93 | 16.43 | 15.49 | 11.94 | 16.61 | 14.06 | 20.85 | 10.56 | 16.16 | 11.46 | 16.24 | 9.61 | 11.88 | 7.80 | 14.94 | 12.22 | 3.94 | 8.24 | 19.12 | 10.68 | 12.15 | 8.91 | 12.36 |
| Net profit YoY | −98.9% | +39.8% | +5.4% | +14.0% | −0.5% | +23.8% | +9.4% | +7.9% | +16.9% | −25.7% | +13.1% | +2.8% | +22.7% | +28.4% | +9.9% | +36.1% | +47.0% | +8.7% | −21.4% | – | +98.1% | – | +48.4% | – | +15.7% | +57.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY17 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 837 | 789 | 725 | 708 | 628 | 518 | 476 |
| Other income | 52.4 | 47.2 | 35 | 30.4 | 15.3 | 22.3 | 9.4 |
| Total expenses | 775 | 728 | 671 | 646 | 572 | 475 | 441 |
| EBITDA | 63.6 | 61.6 | 55.4 | 62.3 | 56.9 | 44.1 | 35.2 |
| EBITDA margin | 7.6% | 7.8% | 7.6% | 8.8% | 9.1% | 8.5% | 7.4% |
| Finance costs | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 |
| Depreciation | 1.5 | 1.2 | 1.2 | 0.9 | 0.8 | 0.9 | 0.9 |
| Profit before tax | 114 | 105 | 89.2 | 91.8 | 71.3 | 65.5 | 43.7 |
| Tax | 17.9 | 21.2 | 16.6 | 18.1 | 14.5 | 15.2 | 12.6 |
| Net profit | 96.6 | 83.7 | 72.5 | 73.7 | 56.8 | 50.3 | 31.1 |
| Net margin | 11.5% | 10.6% | 10.0% | 10.4% | 9.0% | 9.7% | 6.5% |
| EPS (₹) | 77.36 | 67.05 | 58.11 | 59.03 | 45.52 | 40.28 | 37.34 |
| Net profit YoY | +15.4% | +15.4% | −1.6% | +29.7% | +13.0% | – | – |
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 | 4.9 | 17.8 | 25.7 | 31.3 | −3.3 |
| Investing cash flow | 34.4 | 12.8 | 13.1 | 3.8 | −6.4 |
| Financing cash flow | −37.4 | −34.9 | −30 | −32.8 | −7.2 |
| Capital expenditure | 6.3 | 1.7 | 2 | 4.2 | 0.9 |
| Free cash flow (CFO − capex) | −1.3 | 16.2 | 23.7 | 27.1 | −4.2 |
Net profit trend
annual, ₹ croreFY21
₹50.3
FY22
₹56.8+13%
FY23
₹73.7+30%
FY24
₹72.5−2%
FY25
₹83.7+15%
FY26
₹96.6+15%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 30 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 8 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 22 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 29 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF XBRL |
| Q1 FY26 | Standalone | 30 Jul 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 16 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 28 Jan 2025 | PDF on NSE XBRL |
| Q2 FY25 | Consolidated | 19 Oct 2024 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 19 Oct 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 13.4×17.4×
P/B5Y avg 0.58×0.58×
ROEFY26, on average equity4.2%
Net margin11.5%
Debt / equity0.00×
Revenue CAGR (3Y)5.8%
Profit CAGR (3Y)9.4%
EPS (TTM)₹61.18
Market cap₹1,328 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.58×
vs 8-point avg 0.58× (−0%)
0.51× low0.58× avg0.68× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,540 Cr+1%
Net worth₹2,308 Cr+3%
Total borrowings₹0 Cr
Cash & bank balances₹25 Cr+8%
Investments₹2,258 Cr+1%
Inventories₹97 Cr+17%
Trade receivables₹106 Cr−2%
Trade payables₹26 Cr−50%
Change vs the same date a year earlier.