Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY24
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 722 | 693 | 471 | 429 | 544 | 469 | 451 | 480 | 515 | 466 | 567 | 502 | 505 |
| Other income | 4.7 | 1.3 | 3.6 | 2 | 5.7 | 8.8 | 2.1 | 7.8 | 4.2 | 3.9 | 0.9 | 3 | 0.8 |
| Total expenses | 678 | 644 | 441 | 401 | 528 | 456 | 420 | 453 | 479 | 432 | 528 | 467 | 472 |
| EBITDA | 58.7 | 57.8 | 38.6 | 34.7 | 23.4 | 17.8 | 35.1 | 29.8 | 39.7 | 36.7 | 42.5 | 37.4 | 35.5 |
| EBITDA margin | 8.1% | 8.3% | 8.2% | 8.1% | 4.3% | 3.8% | 7.8% | 6.2% | 7.7% | 7.9% | 7.5% | 7.5% | 7.0% |
| Finance costs | 5.3 | 4.1 | 3.1 | 1.2 | 2.8 | 1.3 | 1.3 | 0.7 | 1.3 | 1 | 1.6 | 1.3 | 1.2 |
| Depreciation | 9.7 | 5.4 | 6.1 | 4.7 | 4.4 | 3 | 2.3 | 2.1 | 1.9 | 1.6 | 1.5 | 1.4 | 1.2 |
| Profit before tax | 48.4 | 49.5 | 33 | 30.7 | 21.9 | 22.4 | 33.7 | 34.8 | 40.7 | 38.2 | 40.3 | 37.8 | 33.9 |
| Tax | 13.1 | 11.7 | 6.6 | 8.5 | 5.3 | 5.6 | 8.7 | 8.5 | 10 | 8.6 | 10.2 | 9.9 | 8.5 |
| Net profit | 35.4 | 37.9 | 26.5 | 22.2 | 16.5 | 16.8 | 24.9 | 26.4 | 30.7 | 29.5 | 30.2 | 27.9 | 25.4 |
| Net margin | 4.9% | 5.5% | 5.6% | 5.2% | 3.0% | 3.6% | 5.5% | 5.5% | 6.0% | 6.3% | 5.3% | 5.6% | 5.0% |
| EPS (₹) | 0.90 | 0.96 | 0.67 | 0.56 | 0.42 | 0.43 | 0.63 | 1.39 | 1.73 | 1.71 | 1.77 | 1.64 | 3.00 |
| Net profit YoY | +113.7% | +125.0% | +6.2% | −15.9% | −46.1% | −43.1% | −17.4% | −5.6% | +21.0% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 2,136 | 1,916 | 2,040 |
| Other income | 12.7 | 22.4 | 8.7 |
| Total expenses | 2,014 | 1,807 | 1,899 |
| EBITDA | 154 | 123 | 152 |
| EBITDA margin | 7.2% | 6.4% | 7.5% |
| Finance costs | 11.2 | 4.5 | 5.1 |
| Depreciation | 20.7 | 9.3 | 5.6 |
| Profit before tax | 135 | 132 | 150 |
| Tax | 32.1 | 32.8 | 37.2 |
| Net profit | 103 | 98.8 | 113 |
| Net margin | 4.8% | 5.2% | 5.5% |
| EPS (₹) | 2.62 | 2.60 | 6.63 |
| Net profit YoY | +4.3% | −12.6% | – |
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 |
|---|---|---|---|
| Operating cash flow | −67.4 | −246 | −22.1 |
| Investing cash flow | −142 | −188 | −95.6 |
| Financing cash flow | 170 | 407 | 169 |
| Capital expenditure | 146 | 178 | 103 |
| Free cash flow (CFO − capex) | −213 | −424 | −125 |
Net profit trend
annual, ₹ croreFY24
₹113
FY25
₹98.8−13%
FY26
₹103+4%
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 · audited | 11 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 11 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 24 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 24 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 10 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 10 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 16 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 17 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 25.9×29.4×
P/B5Y avg 3.95×2.41×
ROEFY26, on average equity7.6%
Net margin4.8%
Debt / equity0.16×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹3.10
Market cap₹3,583 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.41×
vs 6-point avg 3.95× (−39%)
1.08× low3.95× avg9.49× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,996 Cr+49%
Net worth₹1,487 Cr+22%
Total borrowings₹244 Cr+220%
Cash & bank balances₹35 Cr−53%
Investments₹23 Cr+120%
Inventories₹271 Cr+25%
Trade receivables₹414 Cr+48%
Trade payables₹144 Cr+535%
Change vs the same date a year earlier.