Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3.2 | 0.9 | 1.2 | 4.6 | 3.1 | 0.9 | 0.9 | 4.4 | 2.4 | 1 | 1.5 | 6.3 | 3.5 | 1.1 | 1.9 | 5.9 | 3.9 | 1.9 | 7.9 | 11.2 | 6.3 | 2.3 | 4 | 10.3 | 5.7 | 5.6 | 6.1 | 16.7 | 7.6 | 3.3 | 14.9 | 6.2 | 6 |
| Other income | 0.4 | 1.9 | 0.3 | 0.4 | 0.7 | 0.9 | 0.3 | 0.4 | 1.1 | 0.7 | 0.2 | 0 | 0.1 | 4.6 | 0.2 | 0.2 | 0.3 | 0.5 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.3 | 0.2 | 0.4 | 0.2 | 0.2 | 0.2 | 1.4 | 0.2 |
| Total expenses | 3.1 | 3.9 | 3.7 | 3.6 | 3.7 | 1.8 | 2.8 | 2.8 | 2.7 | 4.2 | 3 | 2.9 | 3.2 | 3.8 | 3.6 | 4.3 | 3.9 | 4.5 | 6.7 | 11.2 | 8.2 | 7.2 | 7.3 | 11.1 | 8.8 | 5.7 | 8.4 | 13.9 | 8.6 | 5.8 | 14.1 | 9.4 | 4.9 |
| EBITDA | 0.7 | −2.4 | −1.9 | 1.6 | −0.1 | −0.4 | −1.4 | 2.2 | 0.2 | −2.5 | −0.7 | 4.2 | 1.1 | −1.4 | −0.2 | 3.2 | 1.7 | −0.8 | 3.4 | 2.2 | 0.5 | −2.1 | −0.7 | 1.8 | −0.5 | 2.5 | 0.4 | 5.5 | 1.6 | −0.3 | 3.1 | −0.8 | 3.4 |
| EBITDA margin | 20.6% | -277.6% | -161.0% | 34.5% | -2.9% | -39.6% | -146.0% | 48.7% | 8.7% | -240.7% | -48.1% | 66.5% | 30.6% | -122.7% | -12.9% | 53.9% | 43.1% | -39.7% | 42.8% | 20.0% | 7.6% | -91.9% | -18.5% | 17.2% | -9.5% | 44.1% | 5.8% | 33.2% | 21.7% | -8.9% | 20.8% | -13.5% | 55.8% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.4 | 0.4 | 0.6 | 0.9 | 1 | 1 | 1.5 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 0.9 | 1.1 | 1.1 | 1 |
| Depreciation | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | 0.7 | 0.7 | 0.7 | 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 |
| Profit before tax | 0.5 | −1.1 | −2.1 | 1.4 | 0.9 | 0 | −1.6 | 2.1 | 1.1 | −2.5 | −1.3 | 3.4 | 0.4 | 6.7 | −1.6 | 1.8 | 0.4 | −2.1 | 1.3 | 0.2 | −1.7 | −4.8 | −3.1 | −0.7 | −3 | 0.1 | −2.2 | 3.2 | −0.9 | −2.3 | 0.9 | −1.8 | 1.3 |
| Tax | 0.1 | −0.3 | −2.4 | 0.4 | 0.3 | −0.3 | −0.2 | 0.4 | 0.1 | −0.8 | −0.3 | 0.8 | 0.1 | 2.4 | −0.2 | −0.4 | −0.5 | 0.5 | −0.1 | −0.3 | −0.3 | 0.7 | −1.2 | −0.3 | −0.2 | −0.1 | −0.4 | 0.6 | −0.2 | −0.6 | 0.8 | −0.3 | 0.5 |
| Net profit | 0.4 | −0.8 | 0.2 | 1 | 0.6 | 0.3 | −1.4 | 1.7 | 0.9 | −1.7 | −1 | 2.6 | 0.3 | 4.3 | −1.4 | 2.2 | 0.9 | −2.6 | 1.4 | 0.4 | −1.4 | −5.4 | −1.9 | −0.4 | −2.8 | 0.2 | −1.8 | 2.5 | −0.8 | −1.6 | 0.2 | −1.4 | 0.8 |
| Net margin | 13.8% | -93.5% | 18.1% | 22.7% | 19.9% | 32.3% | -148.6% | 38.9% | 39.0% | -169.5% | -65.8% | 40.7% | 8.2% | 371.2% | -75.5% | 37.1% | 21.9% | -132.8% | 17.4% | 3.9% | -22.0% | -235.2% | -48.2% | -3.8% | -48.6% | 3.1% | -29.2% | 15.1% | -9.9% | -48.4% | 1.0% | -23.0% | 13.6% |
| EPS (₹) | 0.38 | -0.71 | 0.19 | 0.91 | 0.53 | 0.26 | -1.21 | 1.49 | 0.81 | -1.50 | -0.86 | 2.22 | 0.25 | 3.69 | -1.22 | 1.88 | 0.74 | -2.21 | 1.18 | 0.38 | -1.20 | -4.68 | -1.67 | -0.34 | -2.41 | 0.15 | -1.53 | 2.18 | -0.65 | -1.39 | 0.13 | -1.23 | 0.71 |
| Net profit YoY | −27.5% | −370.2% | +115.5% | −39.1% | −34.9% | +117.5% | −41.1% | −33.0% | +224.7% | −140.8% | +29.5% | +18.1% | −66.5% | +266.8% | −203.0% | +398.1% | +161.6% | +52.8% | +170.6% | +210.4% | +50.0% | −3193.8% | −9.2% | −115.7% | −270.9% | – | −10.1% | +1577.0% | +47.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 9.8 | 8.7 | 12.4 | 12.8 | 27.5 | 22.4 | 35.9 | 33.5 |
| Other income | 3.3 | 2.7 | 1 | 5.3 | 1 | 0.5 | 1 | 0.3 |
| Total expenses | 14.8 | 10.1 | 13.3 | 15.6 | 30.7 | 34.4 | 36.7 | 35.1 |
| EBITDA | −2.9 | 0.6 | 2.1 | 3.2 | 5.3 | −1.6 | 10 | 8 |
| EBITDA margin | -29.3% | 7.0% | 16.8% | 25.0% | 19.2% | -7.2% | 27.8% | 23.8% |
| Finance costs | 0.2 | 0.1 | 0.1 | 1.1 | 3.4 | 5.3 | 5.4 | 4.6 |
| Depreciation | 2 | 1.9 | 2.9 | 4.8 | 5.1 | 5.1 | 5.4 | 5 |
| Profit before tax | −0.9 | 1.6 | −0 | 7.2 | −2.3 | −11.5 | 0.2 | −1.3 |
| Tax | −2 | 0 | −0.2 | 1.3 | −0.1 | −1 | 0 | −0.2 |
| Net profit | 1 | 1.6 | 0.1 | 5.9 | −2.1 | −10.5 | 0.2 | −1.1 |
| Net margin | 10.8% | 17.9% | 1.0% | 46.0% | -7.7% | -47.0% | 0.5% | -3.4% |
| EPS (₹) | 0.91 | 1.35 | 0.11 | 5.09 | -1.84 | -9.10 | 0.15 | -0.97 |
| Net profit YoY | −32.7% | +1156.7% | −97.9% | +377.0% | +79.8% | −6236.5% | – | – |
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 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 1.9 | 1.7 | 4.4 | 15.7 | −2 |
| Investing cash flow | −1.8 | −1.9 | 0.7 | 6.7 | 51.1 |
| Financing cash flow | −0.6 | 0.7 | −5.3 | −22.3 | −49.4 |
| Capital expenditure | 1.6 | 1.3 | 0 | 0 | 0 |
| Free cash flow (CFO − capex) | 0.3 | 0.3 | 4.4 | 15.7 | −2 |
Net profit trend
annual, ₹ croreFY21
₹−10.5
FY22
₹−2.1+80%
FY23
₹5.9+377%
FY24
₹0.1−98%
FY25
₹1.6+1157%
FY26
₹1−33%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 27 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 13 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 12 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 12 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 28 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 181.4×51.1×
P/B5Y avg 1.45×1.10×
ROEFY26, on average equity2.6%
Net margin10.8%
Debt / equity0.02×
Revenue CAGR (3Y)-8.7%
Profit CAGR (3Y)-43.7%
EPS (TTM)₹0.76
Market cap₹45 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.10×
vs 8-point avg 1.45× (−24%)
0.98× low1.45× avg2.08× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹47 Cr−9%
Net worth₹41 Cr+2%
Total borrowings₹1 Cr−24%
Cash & bank balances₹0 Cr−82%
Investments₹11 Cr+92%
Inventories₹2 Cr−16%
Trade receivables₹1 Cr−82%
Trade payables₹0 Cr−89%
Change vs the same date a year earlier.