Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,304 | 1,159 | 1,121 | 1,099 | 1,031 | 931 | 943 | 957 | 861 | 809 | 833 | 844 | 773 | 703 | 694 |
| Other income | 22.2 | 36.7 | 21.8 | 19.7 | 20.5 | 22.9 | 16 | 18.2 | 21.9 | 27.4 | 21.9 | 20.8 | 21.5 | 28.4 | 11.9 |
| Total expenses | 1,113 | 1,009 | 986 | 935 | 863 | 771 | 770 | 794 | 739 | 693 | 682 | 694 | 653 | 599 | 594 |
| EBITDA | 287 | 244 | 217 | 231 | 227 | 225 | 238 | 228 | 186 | 179 | 212 | 213 | 178 | 163 | 160 |
| EBITDA margin | 22.0% | 21.0% | 19.4% | 21.0% | 22.0% | 24.1% | 25.2% | 23.9% | 21.6% | 22.2% | 25.5% | 25.2% | 23.0% | 23.2% | 23.0% |
| Finance costs | 26.7 | 26.7 | 21.5 | 17.1 | 13.8 | 15 | 16.3 | 16 | 18 | 18.2 | 17.7 | 20.1 | 17.9 | 20.5 | 20.7 |
| Depreciation | 69 | 66.5 | 61.2 | 49.7 | 45.1 | 49.3 | 48.4 | 49.4 | 46.6 | 45.5 | 44 | 42.9 | 40.4 | 38 | 38.8 |
| Profit before tax | 213 | 187 | 120 | 200 | 208 | 133 | 189 | 181 | 144 | 143 | 172 | 171 | 141 | 133 | 112 |
| Tax | 56 | 45.6 | 24.8 | 41.4 | 49.2 | 32.1 | 46.2 | 50.3 | 37.4 | 15.7 | 48.8 | 45.4 | 39 | 32 | 31.8 |
| Net profit | 157 | 142 | 95 | 158 | 159 | 101 | 143 | 131 | 106 | 127 | 124 | 125 | 102 | 101 | 80.6 |
| Net margin | 12.1% | 12.2% | 8.5% | 14.4% | 15.4% | 10.9% | 15.1% | 13.7% | 12.3% | 15.7% | 14.8% | 14.8% | 13.2% | 14.4% | 11.6% |
| EPS (₹) | 5.91 | 5.36 | 3.54 | 5.89 | 5.92 | 3.77 | 5.32 | 4.87 | 3.96 | 4.74 | 4.61 | 4.66 | 3.80 | 3.77 | 3.08 |
| Net profit YoY | −1.1% | +39.7% | −33.5% | +21.1% | +49.6% | −20.4% | +15.6% | +4.5% | +4.2% | +26.0% | +53.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 4,410 | 3,692 | 3,275 | 2,694 |
| Other income | 98.6 | 79.1 | 74.7 | 64.9 |
| Total expenses | 3,793 | 3,074 | 2,723 | 2,310 |
| EBITDA | 919 | 877 | 799 | 612 |
| EBITDA margin | 20.8% | 23.8% | 24.4% | 22.7% |
| Finance costs | 79.1 | 65.3 | 73.9 | 77.9 |
| Depreciation | 223 | 194 | 173 | 150 |
| Profit before tax | 715 | 647 | 627 | 449 |
| Tax | 161 | 166 | 149 | 123 |
| Net profit | 554 | 481 | 478 | 326 |
| Net margin | 12.6% | 13.0% | 14.6% | 12.1% |
| EPS (₹) | 20.71 | 17.92 | 17.80 | 12.58 |
| Net profit YoY | +15.1% | +0.7% | +46.6% | – |
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 | FY23 |
|---|---|---|---|---|
| Operating cash flow | 714 | 624 | 612 | 645 |
| Investing cash flow | −1,065 | −721 | −441 | −342 |
| Financing cash flow | 248 | −97.2 | −514 | 346 |
| Capital expenditure | 838 | 517 | 279 | 236 |
| Free cash flow (CFO − capex) | −124 | 107 | 334 | 409 |
Net profit trend
annual, ₹ croreFY23
₹326
FY24
₹478+47%
FY25
₹481+1%
FY26
₹554+15%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 30 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 30 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 14 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 4 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 7 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 7 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 7 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 7 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 57.8×72.7×
P/B5Y avg 8.51×10.14×
ROEFY26, on average equity15.1%
Net margin12.6%
Debt / equity0.30×
Revenue CAGR (3Y)17.9%
Profit CAGR (3Y)19.3%
EPS (TTM)₹20.56
Market cap₹40,180 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
10.14×
vs 7-point avg 8.51× (+19%)
5.83× low8.51× avg12.22× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹5,905 Cr+24%
Net worth₹3,962 Cr+17%
Total borrowings₹1,190 Cr+263%
Cash & bank balances₹127 Cr−45%
Investments₹3 Cr−6%
Inventories₹79 Cr+18%
Trade receivables₹411 Cr+41%
Trade payables₹242 Cr+24%
Change vs the same date a year earlier.