Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 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 | Q2 FY23 | Q1 FY23 | Q4 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 700 | 863 | 734 | 734 | 583 | 835 | 691 | 644 | 568 | 782 | 554 | 533 | 479 | 647 | 512 | 448 | 382 | 496 |
| Other income | 6 | 43.1 | 11.5 | 14.3 | 17.7 | 14.8 | 8.4 | 14.4 | 11.1 | 16.9 | 8.8 | 9.6 | 8.7 | 5.5 | 12.6 | 8.1 | 14.9 | 21.2 |
| Total expenses | 699 | 874 | 701 | 681 | 535 | 764 | 630 | 591 | 517 | 703 | 496 | 485 | 440 | 551 | 460 | 404 | 359 | 411 |
| EBITDA | 31.7 | 19.9 | 59.3 | 68.5 | 62.5 | 85.8 | 75.5 | 68.3 | 64.2 | 92.2 | 70.6 | 60.4 | 48.8 | 106 | 62.4 | 53.3 | 32.9 | 95 |
| EBITDA margin | 4.5% | 2.3% | 8.1% | 9.3% | 10.7% | 10.3% | 10.9% | 10.6% | 11.3% | 11.8% | 12.7% | 11.3% | 10.2% | 16.4% | 12.2% | 11.9% | 8.6% | 19.1% |
| Finance costs | 9 | 10.8 | 7.6 | 3.1 | 2.6 | 3.6 | 3.3 | 3.6 | 2.9 | 3.2 | 3.2 | 3.6 | 2.1 | 2.3 | 2.4 | 2.3 | 2.2 | 2.5 |
| Depreciation | 21.8 | 19.6 | 18.6 | 12.2 | 12.3 | 11.8 | 11.3 | 10.9 | 10.4 | 10.4 | 9.6 | 8.5 | 7.9 | 7.4 | 7.5 | 7.2 | 7.1 | 7.1 |
| Profit before tax | 7 | 32.6 | 27.7 | 67.5 | 65.5 | 85.2 | 69.2 | 68.1 | 61.9 | 95.4 | 66.6 | 57.9 | 47.5 | 102 | 65.2 | 51.9 | 38.5 | 107 |
| Tax | 4.3 | 8.2 | 8.1 | 17.9 | 17.5 | 21.9 | 20.2 | 17.7 | 17.5 | 22.7 | 19.9 | 16.6 | 14.2 | 21.1 | 17.7 | 13.3 | 11.6 | 23.3 |
| Net profit | 3.1 | 24.3 | 20.6 | 49.9 | 48.4 | 63.2 | 49.6 | 50.6 | 44.8 | 72.5 | 47.2 | 42.4 | 33.3 | 81.2 | 47.7 | 38.7 | 27.4 | 83.2 |
| Net margin | 0.4% | 2.8% | 2.8% | 6.8% | 8.3% | 7.6% | 7.2% | 7.9% | 7.9% | 9.3% | 8.5% | 7.9% | 7.0% | 12.5% | 9.3% | 8.6% | 7.2% | 16.8% |
| EPS (₹) | 0.35 | 2.04 | 1.71 | 4.18 | 4.11 | 5.34 | 4.10 | 4.30 | 3.79 | 6.14 | 4.00 | 3.59 | 2.81 | 68.90 | 40.53 | 32.89 | 23.64 | 70.07 |
| Net profit YoY | −93.7% | −61.6% | −58.5% | −1.4% | +8.2% | −12.7% | +5.0% | +19.6% | +34.4% | −10.8% | −0.9% | +9.4% | +21.7% | −2.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 2,915 | 2,737 | 2,348 | 1,990 | 1,577 |
| Other income | 86.6 | 48.6 | 43.9 | 41.1 | 41.7 |
| Total expenses | 2,791 | 2,501 | 2,124 | 1,773 | 1,402 |
| EBITDA | 210 | 294 | 272 | 255 | 213 |
| EBITDA margin | 7.2% | 10.7% | 11.6% | 12.8% | 13.5% |
| Finance costs | 24 | 13.5 | 12.1 | 9.2 | 10 |
| Depreciation | 62.6 | 44.5 | 36.4 | 29.1 | 28 |
| Profit before tax | 193 | 284 | 267 | 258 | 217 |
| Tax | 51.7 | 77.2 | 73.5 | 63.7 | 55.6 |
| Net profit | 143 | 208 | 195 | 195 | 162 |
| Net margin | 4.9% | 7.6% | 8.3% | 9.8% | 10.3% |
| EPS (₹) | 12.03 | 17.53 | 16.53 | 165.95 | 137.30 |
| Net profit YoY | −31.2% | +6.6% | +0.2% | +20.6% | – |
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 | −28.5 | 32.1 | 130 | 62.7 | 91.4 |
| Investing cash flow | −44.5 | −165 | −160 | −40.4 | −92 |
| Financing cash flow | 100 | 128 | 8.4 | −15.3 | −26.9 |
| Capital expenditure | 254 | 320 | 120 | 59.9 | 50 |
| Free cash flow (CFO − capex) | −283 | −288 | 9.6 | 2.9 | 41.4 |
Net profit trend
annual, ₹ croreFY22
₹162
FY23
₹195+21%
FY24
₹195+0%
FY25
₹208+7%
FY26
₹143−31%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 5 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 5 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 26 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 26 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 29 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 29 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 4 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 4 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 30 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 30 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)61.1×
P/B4.46×
ROEFY26, on average equity11.2%
Net margin4.9%
Debt / equity0.34×
Revenue CAGR (3Y)13.6%
Profit CAGR (3Y)-9.8%
EPS (TTM)₹6.87
Market cap₹5,979 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2026
Total assets₹3,380 Cr+13%
Net worth₹1,339 Cr+11%
Total borrowings₹454 Cr+50%
Cash & bank balances₹185 Cr+24%
Investments₹7 Cr+16%
Inventories₹441 Cr+48%
Trade receivables₹1,075 Cr−5%
Trade payables₹900 Cr+15%
Change vs the same date a year earlier.
Revenue mix FY26
Engineering58.5%result ₹90.2 Cr
Chemicals28.9%result ₹182 Cr
Consumer Products12.6%result ₹−11.5 Cr
Segment revenue as reported, before inter-segment eliminations.