Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 232 | 255 | 152 | 191 | 211 | 246 | 182 | 205 | 177 | 237 | 213 | 295 | 207 | 263 | 190 | 188 | 173 | 129 | 164 | 158 | 121 | 163 | 96.5 | 93.2 | 49.9 | 98.5 | 126 | 164 | 136 | 205 | 148 | 193 | 105 | 109 |
| Other income | 1.7 | 3.6 | 1.6 | 3.4 | 2 | 1.4 | 1.5 | 1.1 | 1.4 | 2.5 | 1.5 | 1.6 | 2.2 | 1.5 | 1.3 | 1.3 | 1.1 | 1.9 | 0.8 | 1 | 1.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 | 0.9 | 1.2 | 0.9 | 0.9 | 1.6 | 1.7 | 0.8 | 1.1 |
| Total expenses | 229 | 256 | 150 | 187 | 210 | 241 | 180 | 200 | 174 | 230 | 204 | 286 | 196 | 245 | 172 | 172 | 163 | 120 | 160 | 153 | 115 | 157 | 91 | 89.3 | 48.5 | 98.5 | 125 | 162 | 133 | 203 | 147 | 191 | 103 | 108 |
| EBITDA | 5.4 | 1.6 | 5.6 | 8 | 4.9 | 7.7 | 4.8 | 7.6 | 5 | 9.3 | 10.9 | 11.1 | 13.4 | 20.8 | 19.6 | 18.7 | 12.2 | 11.2 | 6.7 | 7.4 | 7.5 | 8.5 | 7.4 | 5.6 | 3 | 1.6 | 2.9 | 3.3 | 4.5 | 4.7 | 3.8 | 5.2 | 4.3 | 2.1 |
| EBITDA margin | 2.3% | 0.6% | 3.7% | 4.2% | 2.3% | 3.1% | 2.6% | 3.7% | 2.8% | 3.9% | 5.1% | 3.7% | 6.5% | 7.9% | 10.3% | 9.9% | 7.0% | 8.7% | 4.1% | 4.7% | 6.2% | 5.2% | 7.7% | 6.0% | 6.0% | 1.6% | 2.3% | 2.0% | 3.3% | 2.3% | 2.6% | 2.7% | 4.1% | 1.9% |
| Finance costs | 0.8 | 0.8 | 1.5 | 1.7 | 1.5 | 1.1 | 1 | 0.5 | 0.6 | 0.8 | 1.2 | 0.8 | 0.9 | 1.6 | 1 | 1.3 | 1 | 1.1 | 1.1 | 1.2 | 1.4 | 1.2 | 1.1 | 0.9 | 0.8 | 0.9 | 1.2 | 1.1 | 1.4 | 1.7 | 1.7 | 2 | 1.1 | 1.2 |
| Depreciation | 2 | 1.9 | 1.9 | 1.9 | 1.8 | 1.7 | 1.3 | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 | 1.1 | 1.3 | 1.1 | 1.1 | 1 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 |
| Profit before tax | 4.3 | 2.5 | 3.8 | 7.8 | 3.7 | 6.2 | 4.1 | 6.9 | 4.5 | 9.8 | 10 | 10.6 | 13.6 | 19.4 | 18.8 | 17.6 | 11.3 | 11.1 | 5.4 | 6.3 | 6.9 | 7.1 | 6.1 | 4.5 | 2.2 | 0.8 | 2 | 2.8 | 3.5 | 3.4 | 3.2 | 4.4 | 3.5 | 1.5 |
| Tax | 0.6 | 0.8 | 1 | 2 | 0.9 | 2.3 | 1 | 1.8 | 1.1 | 2.5 | 2.6 | 2.8 | 3.4 | 4.9 | 4.7 | 4.5 | 2.9 | 3 | 1.5 | 1.6 | 1.7 | 1.9 | 1.5 | 1.2 | 0.5 | 0 | 0.7 | −0.4 | 1.2 | 1.2 | 1.2 | 1.6 | 1.2 | 0.6 |
| Net profit | 3.7 | 1.7 | 2.8 | 5.8 | 2.7 | 3.9 | 3.1 | 5.1 | 3.4 | 7.3 | 7.4 | 7.9 | 10.2 | 14.5 | 14 | 13.1 | 8.4 | 8.2 | 3.9 | 4.7 | 5.2 | 5.3 | 4.6 | 3.4 | 1.6 | 0.8 | 1.3 | 3.1 | 2.3 | 2.2 | 2.1 | 2.7 | 2.3 | 1 |
| Net margin | 1.6% | 0.7% | 1.9% | 3.0% | 1.3% | 1.6% | 1.7% | 2.5% | 1.9% | 3.1% | 3.5% | 2.7% | 4.9% | 5.5% | 7.4% | 7.0% | 4.9% | 6.3% | 2.4% | 3.0% | 4.3% | 3.2% | 4.7% | 3.6% | 3.2% | 0.8% | 1.0% | 1.9% | 1.7% | 1.1% | 1.4% | 1.4% | 2.1% | 0.9% |
| EPS (₹) | 0.62 | 0.29 | 0.52 | 1.07 | 0.50 | 0.73 | 0.56 | 0.95 | 0.63 | 1.35 | 1.38 | 1.46 | 7.51 | 10.70 | 10.37 | 9.69 | 6.21 | 6.04 | 2.90 | 3.47 | 7.69 | 7.78 | 6.76 | 4.97 | 2.38 | 1.23 | 1.92 | 4.64 | 3.37 | 3.20 | 3.05 | 4.05 | 3.34 | 1.41 |
| Net profit YoY | +36.6% | −56.9% | −7.2% | +12.5% | −19.5% | −45.9% | −59.0% | −34.9% | −66.6% | −49.7% | −46.9% | −39.8% | +20.8% | +77.0% | +257.4% | +179.3% | +61.5% | +55.3% | −14.2% | +39.6% | +223.0% | +533.7% | +251.5% | +7.0% | −29.4% | −61.6% | −36.9% | +14.6% | +0.9% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 809 | 810 | 953 | 814 | 572 | 403 | 524 | 652 | 69.4 |
| Other income | 10.5 | 5.3 | 7.7 | 5.2 | 5.3 | 2.5 | 3.9 | 4.9 | 0.6 |
| Total expenses | 801 | 794 | 917 | 752 | 548 | 385 | 519 | 642 | 67.9 |
| EBITDA | 20.1 | 25.1 | 44.6 | 71.3 | 32.9 | 24.5 | 12.4 | 18 | 3.3 |
| EBITDA margin | 2.5% | 3.1% | 4.7% | 8.8% | 5.7% | 6.1% | 2.4% | 2.8% | 4.7% |
| Finance costs | 5.4 | 3.3 | 3.7 | 5 | 4.9 | 3.9 | 4.6 | 6.4 | 1.4 |
| Depreciation | 7.5 | 5.5 | 4.7 | 4.5 | 3.5 | 3.2 | 2.5 | 2.1 | 0.4 |
| Profit before tax | 17.7 | 21.7 | 44 | 67 | 29.8 | 19.9 | 9.2 | 14.5 | 2.1 |
| Tax | 4.7 | 6.1 | 11.2 | 17.1 | 7.8 | 5.1 | 1.6 | 5.2 | 0.7 |
| Net profit | 13 | 15.5 | 32.8 | 50 | 22 | 14.8 | 7.6 | 9.2 | 1.4 |
| Net margin | 1.6% | 1.9% | 3.4% | 6.1% | 3.8% | 3.7% | 1.4% | 1.4% | 2.1% |
| EPS (₹) | 2.35 | 2.87 | 6.06 | 36.96 | 16.26 | 21.89 | 11.17 | 13.64 | 2.11 |
| Net profit YoY | −16.0% | −52.6% | −34.5% | +127.3% | +48.5% | +96.0% | −18.1% | – | – |
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 | 17.9 | 0.2 | 33.5 | 29 | 15.1 |
| Investing cash flow | −59.9 | −54.5 | −6.3 | −10.2 | −7.3 |
| Financing cash flow | 42.1 | 54.3 | −27.2 | −18.9 | −13.8 |
| Capital expenditure | 24.2 | 55.5 | 8.5 | 10.3 | 12 |
| Free cash flow (CFO − capex) | −6.3 | −55.3 | 24.9 | 18.7 | 3.2 |
Net profit trend
annual, ₹ croreFY21
₹14.8
FY22
₹22+49%
FY23
₹50+127%
FY24
₹32.8−34%
FY25
₹15.5−53%
FY26
₹13−16%
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 | 30 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 15 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 13 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | – | PDF XBRL |
| Q4 FY25 | Standalone · audited | 27 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 4 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 14 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 13 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)42.8×
P/B2.19×
ROEFY26, on average equity5.8%
Net margin1.6%
Debt / equity0.20×
Revenue CAGR (3Y)-0.2%
Profit CAGR (3Y)-36.1%
EPS (TTM)₹2.34
Market cap₹601 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₹363 Cr+21%
Net worth₹275 Cr+54%
Total borrowings₹54 Cr−40%
Cash & bank balances₹0 Cr+125%
Investments₹9 Cr+49%
Inventories₹67 Cr+14%
Trade receivables₹91 Cr−13%
Trade payables₹22 Cr+10%
Change vs the same date a year earlier.