Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY21
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 40.3 | 35.4 | 39.6 | 71.9 | 34.2 | 31.7 | 26.5 | 31.2 | 20.3 | 17 | 22.4 | 31.4 | 21.2 | 21.2 | 27.8 | 36.8 | 25.5 | 41 | 48.1 | 46.9 | 119 | 31.8 |
| Other income | 1.8 | 1 | 2.2 | 4.9 | 2.6 | 2 | 1.5 | 3.2 | 5.8 | −1.3 | 5.9 | 3.2 | 2.7 | 2.1 | 1.9 | 1.9 | 1.2 | 1.7 | 1.7 | 2.1 | 2.1 | 1.3 |
| Total expenses | 37.7 | 41.9 | 37.2 | 71 | 35.5 | 31.7 | 31.2 | 34.4 | 23.4 | 22.2 | 27.3 | 30.6 | 24.8 | 25.3 | 29.4 | 42.4 | 32 | 44.7 | 43.5 | 41.3 | 72.8 | 27.9 |
| EBITDA | 3.4 | −5.8 | 3.3 | 2.7 | −0.6 | 1.2 | −4 | −2.4 | −2.4 | −4.4 | −4.3 | 1.4 | −2.9 | −3.5 | −0.9 | −4.9 | −5.7 | −2.7 | 5.1 | 6 | 47.1 | 4.4 |
| EBITDA margin | 8.5% | -16.3% | 8.2% | 3.8% | -1.6% | 3.8% | -15.2% | -7.6% | -11.7% | -26.1% | -19.0% | 4.4% | -13.7% | -16.3% | -3.3% | -13.3% | -22.4% | -6.7% | 10.6% | 12.9% | 39.4% | 13.7% |
| Finance costs | 0.2 | 0.3 | 0.3 | 0.7 | 0.2 | 0.6 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.2 | 0.4 |
| Depreciation | 0.6 | 0.4 | 0.5 | 1.1 | 0.5 | 0.5 | 0.5 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.4 | 0.3 | 0.2 | 0.1 |
| Profit before tax | 4.4 | −5.5 | 4.7 | 5.8 | 1.2 | 2.1 | −3.3 | −0.1 | 2.6 | −6.5 | 0.9 | 3.9 | −0.9 | −2 | 0.3 | −3.7 | −5.3 | −1.9 | 6.3 | 7.7 | 48.9 | 5.2 |
| Tax | 1.4 | 0.6 | 0.9 | 1.4 | 0.4 | −0.4 | −0.5 | 0.4 | 1 | −2.3 | 0.8 | 1 | −0.2 | −0.4 | −0 | −0.8 | −1.2 | −0.5 | 1.6 | 2.3 | 12.7 | 1.3 |
| Net profit | 3.1 | −6.1 | 3.7 | 4.4 | 0.8 | 2.5 | −2.8 | −0.5 | 1.7 | −4.1 | 0.2 | 2.9 | −0.7 | −1.5 | 0.3 | −2.9 | −4.1 | −1.4 | 4.7 | 5.4 | 36.2 | 3.9 |
| Net margin | 7.6% | -17.2% | 9.4% | 6.2% | 2.4% | 7.8% | -10.6% | -1.5% | 8.2% | -24.4% | 0.7% | 9.2% | -3.3% | -7.2% | 1.1% | -7.9% | -16.2% | -3.4% | 9.8% | 11.6% | 30.3% | 12.2% |
| EPS (₹) | 3.21 | -6.45 | 3.91 | 4.44 | 0.81 | 2.47 | -2.80 | -0.48 | 1.66 | -4.15 | 0.16 | 2.90 | -0.71 | -1.53 | 0.30 | -2.89 | -4.13 | -1.40 | 4.73 | 5.43 | 36.20 | 4.56 |
| Net profit YoY | +277.4% | −346.9% | +233.3% | +1021.2% | −51.1% | +159.5% | −1797.6% | −116.7% | +335.1% | −171.0% | −45.2% | +200.1% | +82.9% | −9.0% | −93.6% | −153.2% | −111.4% | −136.1% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue from operations | 147 | 110 | 91.9 | 111 | 256 | 213 |
| Other income | 8.1 | 12.4 | 10.5 | 7.1 | 7.7 | 2.8 |
| Total expenses | 150 | 121 | 105 | 129 | 202 | 154 |
| EBITDA | 0.2 | −7.5 | −10.2 | −15 | 55.5 | 61.5 |
| EBITDA margin | 0.1% | -6.9% | -11.1% | -13.5% | 21.7% | 28.8% |
| Finance costs | 1.3 | 1.2 | 0.5 | 0.5 | 0.7 | 1.6 |
| Depreciation | 2 | 2.3 | 2.4 | 2.4 | 1.5 | 0.4 |
| Profit before tax | 5 | 1.3 | −2.5 | −10.7 | 61 | 62.3 |
| Tax | 2.9 | 0.5 | −0.8 | −2.5 | 16 | 16 |
| Net profit | 2.1 | 0.8 | −1.8 | −8.3 | 45 | 46.4 |
| Net margin | 1.4% | 0.8% | -2.0% | -7.4% | 17.6% | 21.7% |
| EPS (₹) | 2.11 | 0.85 | -1.79 | -8.25 | 44.96 | 62.04 |
| Net profit YoY | +146.1% | +147.2% | +78.3% | −118.3% | −3.0% | – |
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 | 3.3 | −19.1 | −2.7 | 10.2 | 1.4 |
| Investing cash flow | 14.5 | 8.4 | 17.6 | −16.5 | −3.1 |
| Financing cash flow | −19.6 | −0.2 | −1.3 | −1.5 | −7.3 |
| Capital expenditure | 6.8 | 4.3 | 1.1 | 0.4 | 3.4 |
| Free cash flow (CFO − capex) | −3.5 | −23.4 | −3.8 | 9.8 | −2 |
Net profit trend
annual, ₹ croreFY21
₹46.4
FY22
₹45−3%
FY23
₹−8.3−118%
FY24
₹−1.8+78%
FY25
₹0.8+147%
FY26
₹2.1+146%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 21 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 21 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 17 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 17 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 16 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 166.6×65.1×
P/B5Y avg 1.71×1.86×
ROEFY26, on average equity1.1%
Net margin1.4%
Debt / equity0.00×
Revenue CAGR (3Y)9.7%
Profit CAGR (3Y)–
EPS (TTM)₹5.40
Market cap₹335 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.86×
vs 8-point avg 1.71× (+8%)
1.04× low1.71× avg4.32× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹196 Cr−7%
Net worth₹181 Cr−7%
Total borrowings₹1 Cr−70%
Cash & bank balances₹1 Cr−55%
Investments₹1 Cr−3%
Inventories₹48 Cr+19%
Trade receivables₹8 Cr+133%
Trade payables₹5 Cr−23%
Change vs the same date a year earlier.