Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY24
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 508 | 599 | 576 | 508 | 410 | 576 | 450 | 431 | 362 | 450 | 378 |
| Other income | 4 | 24.8 | 6.1 | 9.1 | 20.5 | −0.4 | −0.1 | 11.1 | 4 | 3 | 3.1 |
| Total expenses | 439 | 486 | 458 | 408 | 334 | 420 | 356 | 342 | 287 | 346 | 314 |
| EBITDA | 109 | 147 | 155 | 125 | 100 | 178 | 113 | 107 | 94.1 | 134 | 96.3 |
| EBITDA margin | 21.4% | 24.6% | 26.8% | 24.5% | 24.4% | 30.9% | 25.0% | 24.7% | 26.0% | 29.7% | 25.5% |
| Finance costs | 24.3 | 19.8 | 23.6 | 14.2 | 12.2 | 11.3 | 10.7 | 9 | 11 | 20.7 | 23.5 |
| Depreciation | 15.1 | 14.3 | 13.2 | 10.5 | 12.3 | 10.2 | 8.6 | 9.2 | 8.4 | 8.5 | 8.6 |
| Profit before tax | 73.4 | 138 | 124 | 109 | 96.3 | 156 | 93.1 | 99.4 | 69.6 | 108 | 67.2 |
| Tax | 16.3 | 47.5 | 35.2 | 23.6 | 24.9 | 46.7 | 12.9 | 23.5 | 18.6 | 8 | 19.1 |
| Net profit | 57.1 | 90.6 | 88.5 | 85.5 | 71.4 | 109 | 80.2 | 75.9 | 50.9 | 99.6 | 48 |
| Net margin | 11.2% | 15.1% | 15.4% | 16.8% | 17.4% | 18.9% | 17.9% | 17.6% | 14.1% | 22.1% | 12.7% |
| EPS (₹) | 2.51 | 3.98 | 3.89 | 3.76 | 3.14 | 4.79 | 3.53 | 3.33 | 2.24 | 4.45 | 2.45 |
| Net profit YoY | −20.0% | −16.9% | +10.3% | +12.7% | +40.3% | +9.4% | +67.0% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 2,093 | 1,818 | 1,338 |
| Other income | 60.5 | 14.5 | 6.5 |
| Total expenses | 1,686 | 1,405 | 1,160 |
| EBITDA | 527 | 491 | 301 |
| EBITDA margin | 25.2% | 27.0% | 22.5% |
| Finance costs | 69.8 | 42.1 | 89.7 |
| Depreciation | 50.2 | 36.5 | 32.8 |
| Profit before tax | 467 | 418 | 185 |
| Tax | 131 | 102 | 34.1 |
| Net profit | 336 | 316 | 151 |
| Net margin | 16.1% | 17.4% | 11.3% |
| EPS (₹) | 14.78 | 13.90 | 7.89 |
| Net profit YoY | +6.3% | +109.5% | – |
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 | 54.4 | −105 | −48.3 |
| Investing cash flow | −302 | −329 | −170 |
| Financing cash flow | 287 | 145 | 505 |
| Capital expenditure | 323 | 310 | 114 |
| Free cash flow (CFO − capex) | −269 | −415 | −163 |
Net profit trend
annual, ₹ croreFY24
₹151
FY25
₹316+109%
FY26
₹336+6%
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 | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 10 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 9 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 9 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 7 Aug 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 7 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 82.9×75.3×
P/B5Y avg 12.83×12.10×
ROEFY26, on average equity18.2%
Net margin16.1%
Debt / equity0.42×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹14.15
Market cap₹24,220 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
12.10×
vs 5-point avg 12.83× (−6%)
8.20× low12.83× avg17.43× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹3,615 Cr+29%
Net worth₹2,001 Cr+19%
Total borrowings₹850 Cr+71%
Cash & bank balances₹53 Cr+295%
Investments₹16 Cr+3400%
Inventories₹1,166 Cr+29%
Trade receivables₹599 Cr+23%
Trade payables₹510 Cr+24%
Change vs the same date a year earlier.