Quarterly results
consolidated · 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 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1.5 | 1.7 | 1.6 | 1.9 | 0.3 | 2.3 | 2.4 | 3.4 | 14.8 | 11.9 | 4.1 | 3.3 | 2.1 | 5.9 | 3.2 | 2 | 1.3 | 5.1 | 1.9 | 1.6 | 1.3 | 3.4 | 4.1 | 1.6 | 0.2 | 3.2 | 1.8 | 1.8 | 0 |
| Other income | 0 | 0.1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total expenses | 2 | 2.5 | 2.6 | 4.4 | 1.8 | 2.8 | 2.3 | 3.2 | 14.3 | 8.7 | 5.2 | 4.9 | 3.1 | 3.7 | 4.7 | 3.1 | 2.6 | 7.3 | 2.8 | 3 | 2.3 | 5.3 | 5.3 | 4.2 | 2.1 | 6.9 | 2.6 | 3.2 | 0 |
| EBITDA | −0 | −0.4 | −0.7 | −2.1 | −0.9 | 0.1 | 0.7 | 0.8 | 1.2 | 4 | −0.3 | −0.8 | −0.3 | 2.8 | −0.8 | −0.5 | −0.8 | −1.7 | −0.4 | −0.8 | −0.5 | −1.3 | −0.6 | −2.1 | −1.4 | −3 | −0.5 | −1 | 0 |
| EBITDA margin | -1.0% | -25.7% | -42.4% | -112.2% | -326.9% | 2.6% | 29.4% | 23.7% | 8.1% | 33.5% | -6.7% | -25.2% | -12.9% | 48.2% | -23.4% | -27.7% | -59.6% | -34.3% | -18.9% | -47.8% | -39.2% | -39.0% | -15.0% | -127.7% | -763.8% | -92.3% | -28.2% | -56.7% | – |
| Finance costs | 0.4 | 0.4 | 0.3 | 0.4 | 0.6 | 0.5 | 0.7 | 0.6 | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0 |
| Profit before tax | −0.4 | −0.8 | −1 | −1.5 | −1.5 | −0.5 | 0 | 0.2 | 0.5 | 3.2 | −1.1 | −1.6 | −1 | 2.2 | −1.5 | −1.1 | −1.3 | −2.2 | 0.3 | −1.4 | −1 | −1.8 | −1.1 | −2.6 | −1.9 | −3.6 | −0.9 | −1.4 | 0 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | 0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | 0 | 0 | −0.3 | 0.1 | 0.1 | 0.1 | −0.2 | 0.1 | 0.1 | 0 |
| Net profit | −0.4 | −0.8 | −1 | −1.5 | −1.5 | −0.5 | 0 | 0.3 | 0.5 | 3.2 | −1.1 | −1.6 | −1 | 2.2 | −1.4 | −1.1 | −1.3 | −2.2 | 0.3 | −1.4 | −1 | −1.6 | −1.2 | −2.7 | −2 | −3.5 | −0.9 | −1.5 | 0 |
| Net margin | -29.1% | -47.2% | -63.3% | -80.6% | -523.2% | -21.2% | 1.1% | 7.4% | 3.6% | 27.3% | -27.4% | -48.0% | -47.1% | 37.2% | -44.9% | -57.0% | -99.4% | -43.2% | 16.1% | -87.9% | -76.3% | -46.4% | -28.6% | -163.4% | -1056.0% | -107.8% | -52.5% | -80.5% | – |
| EPS (₹) | -0.08 | 0.14 | -0.18 | -0.28 | -0.28 | -0.09 | 0.01 | 0.05 | 0.10 | 0.70 | -0.21 | -0.29 | -0.18 | 0.41 | 0.27 | -0.21 | -0.24 | -0.40 | 0.06 | 0.26 | -0.19 | -0.29 | -0.22 | 0.49 | -0.36 | -0.64 | -0.17 | -0.27 | 0.00 |
| Net profit YoY | +70.7% | −60.5% | −3921.9% | −699.8% | −379.8% | −115.0% | +102.3% | +115.9% | +154.5% | +47.3% | +23.3% | −42.3% | +25.6% | +200.3% | −582.9% | +21.7% | −29.1% | −38.6% | +125.4% | +46.1% | +48.2% | +54.2% | −26.7% | −81.2% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY17 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5.4 | 22.9 | 21.3 | 12.4 | 9.9 | 9.4 | 10.2 | 0 |
| Other income | 1.1 | 0 | 0 | 0 | 1.3 | 0 | 0 | 0 |
| Total expenses | 11.3 | 22.6 | 21.9 | 14.2 | 15.5 | 16.8 | 19 | 0 |
| EBITDA | −4.1 | 2.8 | 2.6 | 0.8 | −3.4 | −5.5 | −7 | 0 |
| EBITDA margin | -76.8% | 12.1% | 12.2% | 6.1% | -34.3% | -58.2% | -68.2% | – |
| Finance costs | 1.7 | 2.4 | 3.1 | 2.4 | 2 | 1.5 | 1.3 | 0 |
| Depreciation | 0 | 0 | 0.1 | 0.1 | 0.3 | 0.5 | 0.6 | 0 |
| Profit before tax | −4.8 | 0.3 | −0.5 | −1.7 | −4.3 | −7.4 | −8.8 | 0 |
| Tax | −0 | −0 | −0 | −0 | 0 | −0.1 | 0 | 0 |
| Net profit | −4.8 | 0.3 | −0.5 | −1.7 | −4.3 | −7.4 | −8.8 | 0 |
| Net margin | -88.7% | 1.4% | -2.1% | -13.6% | -43.9% | -78.9% | -86.2% | – |
| EPS (₹) | 0.89 | 0.06 | 0.01 | -0.31 | -0.80 | -1.36 | -1.62 | 0.00 |
| Net profit YoY | −1563.4% | +172.7% | +73.3% | +61.1% | +41.2% | +16.0% | – | – |
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 | −3.5 | 8.4 | 3.2 | −1.5 | −1.8 |
| Investing cash flow | 19.2 | −0.8 | −0 | −0.7 | −1.5 |
| Financing cash flow | −16.4 | −7 | −3.2 | 2.2 | 3.1 |
| Capital expenditure | 0 | 0 | 0 | 0 | 1.5 |
| Free cash flow (CFO − capex) | −3.5 | 8.4 | 3.2 | −1.5 | −3.3 |
Net profit trend
annual, ₹ croreFY21
₹−7.4
FY22
₹−4.3+41%
FY23
₹−1.7+61%
FY24
₹−0.5+73%
FY25
₹0.3+173%
FY26
₹−4.8−1563%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 59.2×-4.3×
P/B-1.00×
ROEFY26, on average equity34.7%
Net margin-88.7%
Debt / equity-0.90×
Revenue CAGR (3Y)-24.3%
Profit CAGR (3Y)–
EPS (TTM)₹-0.69
Market cap₹16 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₹8 Cr−74%
Net worth₹-16 Cr−42%
Total borrowings₹15 Cr−50%
Cash & bank balances₹0 Cr−85%
Investments₹0 Cr+28%
Inventories₹1 Cr−53%
Trade receivables₹3 Cr+343%
Trade payables₹5 Cr−32%
Change vs the same date a year earlier.