Your investments deserve an analyst, not a dashboard.

Quarterly results

standalone · as filed with NSE · Q1 FY27 back to Q3 FY20

₹ 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
Revenue from operations	609	850	573	595	580	720	578	622	604	740	619	656	554	764	706	636	604	901	664	761	331	761	549	459	302	431	396
Other income	4	4.6	1.9	1.6	2.7	5.7	1.5	3.9	2.6	5.3	3	4	3.8	3.4	1.2	2.7	1.2	0.1	1.7	1.5	2.2	4.5	4.6	3.3	5.2	5.2	0.8
Total expenses	571	779	575	576	577	695	604	606	573	673	569	585	532	640	659	672	583	785	574	659	308	635	465	399	292	396	365
EBITDA	77.2	110	27.9	55.1	39.6	54.8	3	45.7	58.3	92.3	75.7	94.2	45.3	148	69.5	−11.3	43.9	141	111	123	41.3	147	103	80.3	31.6	57.6	53.3
EBITDA margin	12.7%	12.9%	4.9%	9.3%	6.8%	7.6%	0.5%	7.3%	9.6%	12.5%	12.2%	14.3%	8.2%	19.4%	9.8%	-1.8%	7.3%	15.6%	16.7%	16.1%	12.5%	19.3%	18.8%	17.5%	10.5%	13.4%	13.5%
Finance costs	3.2	4.3	−3.8	4.5	5.2	3.3	3.2	1.6	1.4	1.4	2.7	0.7	1.7	2.8	1.6	3.2	3.4	4	3.4	3.7	2.7	5	3.5	5.4	6.8	8.2	8.9
Depreciation	35	34.3	33.6	32.5	30.7	27.3	26.4	27.6	25.7	23.9	22.9	22.5	21.8	21.1	21.1	21.2	19.7	19.9	17.6	16.9	15.9	15.1	15.1	15.2	14	14.4	13.3
Profit before tax	42.9	75.6	−2	19.8	6.4	29.9	−25.2	20.4	33.7	72.3	53.1	92.8	25.6	128	48	−33	22.1	117	91.8	104	24.8	131	89	63	16	40.2	31.9
Tax	9.1	19.5	0.4	5.1	1.5	5.8	−4.8	5.7	9	17.7	15.4	22.2	5.9	33.7	12.6	−8.9	6	28.4	24.5	27.5	7.1	34	22.2	16.4	4.7	11.9	7.6
Net profit	33.7	56.1	−2.4	14.6	4.8	24.2	−20.4	14.7	24.7	54.7	37.6	70.6	19.6	94.1	35.4	−24.1	16	88.2	67.3	76.1	17.8	97.2	66.8	46.6	11.3	28.3	24.3
Net margin	5.5%	6.6%	-0.4%	2.5%	0.8%	3.4%	-3.5%	2.4%	4.1%	7.4%	6.1%	10.8%	3.5%	12.3%	5.0%	-3.8%	2.7%	9.8%	10.1%	10.0%	5.4%	12.8%	12.2%	10.2%	3.7%	6.6%	6.1%
EPS (₹)	3.05	5.07	-0.21	1.32	0.44	2.19	-1.85	1.33	2.23	4.94	3.40	5.18	1.77	8.51	3.20	-2.18	1.45	8.00	6.11	6.92	1.61	8.84	6.07	4.23	1.02	2.96	2.67
Net profit YoY	+600.0%	+132.1%	+88.4%	−0.5%	−80.5%	−55.8%	−154.3%	−79.2%	+25.8%	−41.9%	+6.3%	+392.9%	+22.4%	+6.7%	−47.4%	−131.7%	−9.7%	−9.2%	+0.8%	+63.4%	+57.8%	+243.8%	+175.1%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY23	FY22	FY21	FY20
Revenue from operations	2,598	2,524	2,569	2,711	1,241	2,657	2,072	1,636
Other income	10.9	13.7	16.1	8.6	3.9	5.5	17.6	6.9
Total expenses	2,507	2,479	2,359	2,555	1,255	2,325	1,790	1,492
EBITDA	232	162	307	250	32.5	416	362	229
EBITDA margin	8.9%	6.4%	12.0%	9.2%	2.6%	15.6%	17.5%	14.0%
Finance costs	9.6	9.7	6.5	11	6.6	13.9	20.7	33.2
Depreciation	131	107	91.2	83	40.8	70.3	59.4	52
Profit before tax	99.1	58.8	244	165	−11	337	299	151
Tax	25.9	15.7	61.3	43.4	−2.9	87.5	77.3	38.1
Net profit	73.2	43.1	182	121	−8.1	249	222	113
Net margin	2.8%	1.7%	7.1%	4.5%	-0.7%	9.4%	10.7%	6.9%
EPS (₹)	6.62	3.90	14.88	10.98	-0.73	22.62	20.16	11.77
Net profit YoY	+69.7%	−76.4%	+50.3%	−51.3%	–	+12.4%	+97.2%	–

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	FY23	FY22
Operating cash flow	526	119	32.9	360	141	−19.5
Investing cash flow	−325	−235	−126	−148	−124	20.5
Financing cash flow	−153	120	47.5	−122	−40.5	22.2
Capital expenditure	211	256	187	96.3	45.9	169
Free cash flow (CFO − capex)	315	−137	−154	264	95.2	−189

Net profit trend

annual, ₹ crore

FY22

₹249

FY23

₹−8.1−103%

FY23

₹121+1601%

FY24

₹182+50%

FY25

₹43.1−76%

FY26

₹73.2+70%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Standalone	4 Aug 2026	PDF on NSE XBRL
Q4 FY26	Standalone	19 May 2026	PDF on NSE XBRL
Q3 FY26	Standalone	10 Feb 2026	PDF on NSE XBRL
Q2 FY26	Standalone	7 Nov 2025	PDF XBRL
Q1 FY26	Standalone	6 Aug 2025	PDF on NSE XBRL
Q4 FY25	Standalone	21 May 2025	PDF on NSE XBRL
Q3 FY25	Standalone	11 Feb 2025	PDF on NSE XBRL
Q2 FY25	Standalone	7 Nov 2024	PDF on NSE XBRL
Q1 FY25	Standalone	1 Aug 2024	PDF on NSE XBRL
Q4 FY24	Standalone · audited	16 May 2024	PDF on NSE XBRL

Annual reports

NSE archive

FY2616.36 MB FY25 FY24 FY23 FY22 FY21 FY20

Key ratios

P/E (TTM)5Y avg 44.2×28.3×

P/B5Y avg 3.51×1.76×

ROEFY26, on average equity4.5%

Net margin2.8%

Debt / equity0.09×

Revenue CAGR (3Y)-1.4%

Profit CAGR (3Y)-15.5%

EPS (TTM)₹9.24

Market cap₹2,894 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

1.76×

vs 8-point avg 3.51× (−50%)

1.39× low3.51× avg5.33× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹2,424 Cr+5%

Net worth₹1,645 Cr+4%

Total borrowings₹140 Cr−47%

Cash & bank balances₹128 Cr+60%

Investments₹148 Cr+450%

Inventories₹495 Cr−19%

Trade receivables₹363 Cr−14%

Trade payables₹392 Cr+50%

Change vs the same date a year earlier.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	60.95	60.95	60.94	60.94	60.94	60.94	60.94	60.94	60.94	60.94	60.94	60.94
FII	3.05	3.54	3.54	3.71	3.75	6.19	6.06	7.27	6.44	5.15	5.74	5.01
DII	15.33	15.54	15.61	15.96	15.73	14.98	16.44	17.53	18.37	18.53	18.40	18.56
of which MF	15.26	15.47	15.54	15.60	15.38	–	–	–	–	–	–	–
Retail	18.50	17.77	17.84	17.47	17.53	16.32	15.18	12.92	12.69	14.00	13.49	13.89
Other public	2.17	2.20	2.07	1.92	2.05	1.57	1.38	1.34	1.56	1.38	1.43	1.60

1,85,165 shareholders · NSE shareholding pattern filings.