Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY19
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5 | 5.6 | 4.7 | 9.4 | 4.9 | 6.2 | 5.5 | 4.9 | 5.3 | 5.2 | 3.8 | 3.9 | 3.6 | 4.9 | 3.6 | 3.9 | 4.8 | 4.5 | 2.5 | 2.7 | 4.3 | 28.5 | 31.2 | 28.5 | 23.5 | 31.4 | 34.8 | 31.8 | 41.5 | 44.3 | 45.1 | 42.7 | 46.7 |
| Other income | 3.9 | −1.1 | −0 | 4.1 | 4.5 | −1.5 | −0.3 | 1.9 | 3.1 | 1.2 | 2.4 | 1.3 | 3 | 0.6 | 0.7 | 0.5 | 0.5 | 1.3 | 0.8 | 41.9 | 46.8 | 0.5 | 2.2 | 0.7 | 0.2 | 1.5 | 0.3 | 0.5 | 0.2 | 0.8 | 0.8 | 0.5 | 0.2 |
| Total expenses | 6.5 | 8.7 | 6.3 | 12.6 | 6.5 | 9.3 | 7.4 | 6.6 | 7.2 | 7.1 | 5.6 | 5.1 | 6.2 | 8.4 | 6.1 | 4.6 | 8.4 | 9.9 | 4.7 | 45.5 | 16.8 | 31.5 | 34.9 | 33.2 | 24.7 | 36.2 | 38 | 36.7 | 43.6 | 45.2 | 47.1 | 46 | 48.9 |
| EBITDA | −1.4 | −3 | −1.5 | −2.9 | −1.4 | −2.9 | −1.8 | −1.5 | −1.7 | −1.7 | −1.7 | −1.1 | −2.5 | −3.4 | −2.4 | −0.5 | −3.5 | −5.2 | −2.1 | −42.6 | −12 | −0.4 | −1.3 | −2.1 | 1.2 | −2.1 | −0.5 | −2.3 | 0.5 | 1.8 | 0.8 | −0.5 | 0.6 |
| EBITDA margin | -27.2% | -53.1% | -31.1% | -30.7% | -29.2% | -47.3% | -32.6% | -30.4% | -31.8% | -33.2% | -44.2% | -29.1% | -68.7% | -69.6% | -66.4% | -12.9% | -73.2% | -116.2% | -84.2% | -1581.4% | -276.9% | -1.4% | -4.0% | -7.3% | 5.1% | -6.5% | -1.5% | -7.2% | 1.1% | 4.2% | 1.7% | -1.1% | 1.2% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 1.2 | 0.9 | 1.1 | 0.9 | 1.1 | 1.1 | 1 | 1 | 1.2 | 1.2 | 1.3 | 1.2 |
| Depreciation | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.3 | 1.4 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | 1.5 | 1.6 | 1.5 | 1.6 | 1.6 | 1.6 |
| Profit before tax | 2.3 | −4.2 | −1.6 | 1 | 2.9 | −4.6 | −2.2 | 0.2 | 1.3 | −0.7 | 0.6 | 0 | 0.4 | −2.9 | −1.8 | −0.1 | −3.2 | −4.1 | −1.5 | −0.9 | 34.3 | −2.5 | −3.1 | −4 | −1 | −3.3 | −3 | −4.4 | −1.9 | −0.2 | −1.3 | −2.9 | −2 |
| Tax | 0 | −0.1 | 0 | 0 | 0 | −0.2 | 0 | 0 | 0 | −0.2 | 0 | −0.1 | 0 | 0.1 | 0 | 0 | 0 | 2.7 | −0.3 | −0.1 | 3.8 | 0 | 0 | 0 | 0 | −1.3 | 0 | 0 | 0 | −1.4 | 0 | 0 | 0 |
| Net profit | 2.3 | −4.1 | −1.6 | 1 | 2.9 | −4.4 | −2.2 | 0.2 | 1.3 | −0.5 | 0.6 | 0.1 | 0.4 | −3.1 | −1.8 | −0.1 | −3.2 | −6.7 | −1.2 | −0.7 | 30.5 | −2.5 | −3.1 | −4 | −1 | −1.9 | −3 | −4.4 | −1.9 | 1.3 | −1.3 | −2.9 | −2 |
| Net margin | 46.6% | -73.0% | -35.0% | 10.2% | 58.9% | -71.1% | -40.4% | 4.7% | 24.3% | -9.6% | 15.6% | 3.4% | 12.0% | -62.8% | -50.8% | -3.2% | -66.3% | -149.6% | -50.2% | -27.0% | 704.6% | -8.7% | -9.8% | -14.1% | -4.4% | -6.2% | -8.5% | -13.7% | -4.5% | 2.9% | -2.9% | -6.8% | -4.2% |
| EPS (₹) | 1.40 | -2.43 | -0.98 | 0.57 | 1.72 | -2.63 | -1.32 | 0.14 | 0.77 | -0.30 | 0.35 | 0.33 | 0.26 | -1.82 | -1.08 | 0.07 | -1.89 | -4.01 | -0.73 | -0.43 | 18.15 | -1.47 | -1.81 | -2.39 | -0.61 | -1.15 | -1.76 | -2.59 | -1.12 | 0.77 | -0.78 | -1.71 | -1.17 |
| Net profit YoY | −18.8% | +7.8% | +25.9% | +312.3% | +124.0% | −791.5% | −477.5% | +74.2% | +200.3% | +83.7% | +132.3% | +207.5% | +113.6% | +54.7% | −47.8% | +83.0% | −110.4% | −172.7% | +59.6% | +81.9% | +3071.6% | −27.5% | −2.8% | +7.6% | +45.5% | −250.6% | −127.0% | −51.2% | +4.0% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 19.7 | 22 | 16.4 | 17.1 | 14 | 112 | 140 | 179 |
| Other income | 3 | 3.2 | 8 | 2.4 | 90.8 | 3.6 | 2.5 | 2.2 |
| Total expenses | 27.6 | 30.4 | 24 | 27.5 | 76.9 | 126 | 155 | 187 |
| EBITDA | −7.3 | −7.9 | −7 | −9.8 | −61.9 | −4.2 | −4.4 | 2.7 |
| EBITDA margin | -37.2% | -36.1% | -42.5% | -57.1% | -442.6% | -3.7% | -3.2% | 1.5% |
| Finance costs | 0 | 0.1 | 0.1 | 0.1 | 0.3 | 4.1 | 4.2 | 4.9 |
| Depreciation | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 5.9 | 6.4 | 6.3 |
| Profit before tax | −4.9 | −5.3 | 0.3 | −8 | 27.9 | −10.6 | −12.5 | −6.3 |
| Tax | −0.1 | −0.2 | −0.3 | 0.1 | 6 | 0 | −1.3 | −1.4 |
| Net profit | −4.8 | −5.1 | 0.7 | −8.2 | 21.8 | −10.6 | −11.1 | −4.9 |
| Net margin | -24.2% | -23.3% | 4.0% | -47.7% | 156.1% | -9.5% | -8.0% | -2.7% |
| EPS (₹) | -2.83 | -3.04 | 0.39 | -4.86 | 12.98 | -6.29 | -6.63 | -2.89 |
| Net profit YoY | +6.9% | −882.8% | +108.0% | −137.4% | +306.5% | +5.1% | −129.2% | – |
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 | −5 | −4.8 | −7.1 | −4.8 | 28.9 |
| Investing cash flow | 4.6 | 3.3 | 8.4 | −1.4 | 5.1 |
| Financing cash flow | −0 | −0.2 | −0.2 | −0.3 | −28.2 |
| Capital expenditure | 0.4 | 0.5 | 0.6 | 0.6 | 1.4 |
| Free cash flow (CFO − capex) | −5.4 | −5.3 | −7.7 | −5.4 | 27.5 |
Net profit trend
annual, ₹ croreFY21
₹−10.6
FY22
₹21.8+307%
FY23
₹−8.2−137%
FY24
₹0.7+108%
FY25
₹−5.1−883%
FY26
₹−4.8+7%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 12 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 26 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | – | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 30 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 14 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 12 Nov 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 86.4×-12.5×
P/B5Y avg 1.17×1.05×
ROEFY26, on average equity-15.3%
Net margin-24.2%
Debt / equity0.00×
Revenue CAGR (3Y)4.8%
Profit CAGR (3Y)–
EPS (TTM)₹-1.44
Market cap₹30 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.05×
vs 8-point avg 1.17× (−10%)
0.76× low1.17× avg1.63× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹36 Cr−12%
Net worth₹29 Cr−14%
Total borrowings₹0 Cr
Cash & bank balances₹0 Cr−52%
Investments₹24 Cr−13%
Inventories₹1 Cr−15%
Trade receivables₹2 Cr+12%
Trade payables₹4 Cr+5%
Change vs the same date a year earlier.