Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q2 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 | Q3 FY22 | Q2 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 32.8 | 39.2 | 35.6 | 28.6 | 29.9 | 34.6 | 32.8 | 30.8 | 27.6 | 30.4 | 27.3 | 24 | 20.6 | 20.6 | 18.9 | 17.5 | 16.6 | 17.9 | 16.6 | 14.7 |
| Other income | 2.5 | 2.4 | 2.8 | 2.5 | 1.2 | 0.8 | 0.5 | 0.7 | 0.5 | 0.3 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 |
| Total expenses | 36.2 | 34.4 | 31.3 | 29 | 30.7 | 30.5 | 28.3 | 26.6 | 24.6 | 25.3 | 25.4 | 22.5 | 19.6 | 19.2 | 17.2 | 17 | 15.9 | 17.1 | 15.5 | 14.4 |
| EBITDA | −1.7 | 5.4 | 5.1 | 0.1 | 0 | 5 | 5.2 | 5 | 3.7 | 6.4 | 3.5 | 2.9 | 2.4 | 2.9 | 3 | 1.8 | 2.2 | 2.5 | 2.6 | 1.7 |
| EBITDA margin | -5.1% | 13.7% | 14.3% | 0.5% | 0.0% | 14.5% | 15.8% | 16.3% | 13.6% | 21.1% | 12.8% | 11.9% | 11.9% | 13.9% | 16.0% | 10.4% | 13.4% | 13.9% | 15.4% | 11.4% |
| Finance costs | 0.3 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.4 | 0.2 | 0.2 |
| Depreciation | 1.4 | 0.5 | 0.5 | 0.5 | 0.7 | 0.7 | 0.5 | 0.5 | 0.5 | 1 | 1.2 | 1.2 | 1.1 | 1.2 | 1.1 | 1.1 | 1.3 | 1.3 | 1.2 | 1.2 |
| Profit before tax | −1 | 7.2 | 7.1 | 2.1 | 0.3 | 5 | 5 | 5 | 3.6 | 5.3 | 2.1 | 1.7 | 1.2 | 1.9 | 1.8 | 0.7 | 0.8 | 0.9 | 1.3 | 0.4 |
| Tax | 0 | 0.5 | 1.8 | 0.3 | 0.1 | 2.1 | 1.4 | 1.1 | 0.7 | 0.6 | 0.3 | 0.3 | 0.2 | 0.4 | 0.3 | 0.1 | 0.2 | 0.1 | 0.5 | 0 |
| Net profit | −1 | 4.1 | 5.3 | 117 | 0.2 | 2.9 | 3.6 | 3.9 | 2.9 | 4.7 | 1.8 | 1.4 | 0.9 | 1.6 | 1.5 | 0.6 | 0.7 | 0.8 | 0.8 | 0.4 |
| Net margin | -3.0% | 10.6% | 14.9% | 409.1% | 0.8% | 8.3% | 10.9% | 12.6% | 10.4% | 15.6% | 6.5% | 5.7% | 4.5% | 7.7% | 7.8% | 3.2% | 4.0% | 4.6% | 4.9% | 2.5% |
| EPS (₹) | -0.47 | 3.23 | 2.58 | 0.89 | 0.11 | 1.39 | 1.83 | 2.00 | 1.49 | 2.43 | 0.91 | 0.71 | 0.48 | 0.82 | 0.76 | 0.29 | 0.36 | 0.43 | 0.42 | 0.19 |
| Net profit YoY | −533.0% | +44.0% | +47.9% | +2901.9% | −92.2% | −39.0% | +103.6% | +184.1% | +210.1% | +198.4% | +19.2% | +143.1% | +41.3% | +92.4% | +80.0% | +53.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 128 | 126 | 102 | 73.6 | 61.3 |
| Other income | 9.7 | 2.5 | 0.7 | 1.3 | 0.7 |
| Total expenses | 121 | 110 | 92.7 | 69.7 | 60.3 |
| EBITDA | 10.1 | 19 | 15.2 | 9.6 | 7.3 |
| EBITDA margin | 7.9% | 15.1% | 14.9% | 13.0% | 11.9% |
| Finance costs | 0.6 | 0.8 | 1.1 | 1 | 1.1 |
| Depreciation | 2.1 | 2.2 | 4.5 | 4.7 | 5.2 |
| Profit before tax | 17.2 | 18.6 | 10.2 | 5.2 | 1.6 |
| Tax | 3 | 5.3 | 1.4 | 0.9 | 0.6 |
| Net profit | 127 | 13.3 | 8.8 | 4.3 | 1 |
| Net margin | 98.5% | 10.5% | 8.6% | 5.8% | 1.6% |
| EPS (₹) | 6.89 | 6.55 | 4.49 | 2.22 | 0.52 |
| Net profit YoY | +854.9% | +50.8% | +105.1% | +326.3% | – |
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 | 105 | 27.8 | 11.7 | 5.7 | −0.4 |
| Investing cash flow | −119 | −26.8 | −3.3 | −1.9 | −0 |
| Financing cash flow | −2.9 | 17.5 | −1.3 | −1.7 | 0.3 |
| Capital expenditure | 8.4 | 0 | 3.9 | 2.5 | 1.2 |
| Free cash flow (CFO − capex) | 96.6 | 27.8 | 7.8 | 3.2 | −1.6 |
Net profit trend
annual, ₹ croreFY22
₹1
FY23
₹4.3+326%
FY24
₹8.8+105%
FY25
₹13.3+51%
FY26
₹127+855%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 7 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 7 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 15 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 15 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 14 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 14 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 | 13 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 30.6×3.9×
P/B5Y avg 6.20×2.42×
ROEFY26, on average equity91.6%
Net margin98.5%
Debt / equity0.00×
Revenue CAGR (3Y)20.4%
Profit CAGR (3Y)209.1%
EPS (TTM)₹60.94
Market cap₹485 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.42×
vs 8-point avg 6.20× (−61%)
2.16× low6.20× avg11.67× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹253 Cr+102%
Net worth₹201 Cr+165%
Total borrowings₹1 Cr−71%
Cash & bank balances₹13 Cr−56%
Investments₹60 Cr+184%
Inventories₹0 Cr
Trade receivables₹27 Cr−7%
Trade payables₹3 Cr+0%
Change vs the same date a year earlier.
Revenue mix FY26
SupTech58.9%result ₹24.2 Cr
RegTech36.5%result ₹8.8 Cr
Others3.1%result ₹1.8 Cr
DataTech1.5%result ₹−1.8 Cr
Segment revenue as reported, before inter-segment eliminations.