Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 | 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 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 34,922 | 33,213 | 30,922 | 29,076 | 25,952 | 26,440 | 26,716 | 24,896 | 21,282 | 22,433 | 23,505 | 22,220 | 21,187 | 21,849 | 21,674 | 19,051 | 17,302 | 16,601 | 15,287 | 13,454 | 15,504 | 16,981 | 13,764 | 10,697 | 12,667 | 14,784 | 12,339 | 11,675 | 12,583 | 12,630 | 11,109 | 10,215 | 11,314 |
| Other income | 43.2 | 55.5 | 37.2 | 42.8 | 49.5 | 70.1 | 48.4 | 56.7 | 53 | 79.3 | 44.6 | 76.4 | 63.5 | 46.4 | 40.3 | 30 | 22.7 | 19.1 | 25.9 | 20 | 26.4 | 22.3 | 22.2 | 24.8 | 10.6 | 11.1 | 15 | 11.9 | 27 | 10.8 | 23.8 | 13.9 | 13.7 |
| Total expenses | 34,355 | 32,721 | 30,421 | 28,659 | 25,697 | 25,987 | 26,252 | 24,571 | 21,043 | 22,132 | 23,116 | 21,888 | 20,899 | 21,440 | 21,220 | 18,610 | 16,881 | 16,133 | 14,923 | 13,173 | 15,146 | 16,625 | 13,545 | 10,591 | 12,508 | 14,568 | 12,202 | 11,540 | 12,400 | 12,426 | 10,985 | 10,107 | 11,145 |
| EBITDA | 708 | 614 | 626 | 589 | 400 | 597 | 603 | 458 | 371 | 459 | 517 | 481 | 419 | 543 | 581 | 532 | 491 | 525 | 432 | 344 | 425 | 424 | 289 | 205 | 244 | 298 | 248 | 233 | 255 | 277 | 187 | 167 | 232 |
| EBITDA margin | 2.0% | 1.8% | 2.0% | 2.0% | 1.5% | 2.3% | 2.3% | 1.8% | 1.7% | 2.0% | 2.2% | 2.2% | 2.0% | 2.5% | 2.7% | 2.8% | 2.8% | 3.2% | 2.8% | 2.6% | 2.7% | 2.5% | 2.1% | 1.9% | 1.9% | 2.0% | 2.0% | 2.0% | 2.0% | 2.2% | 1.7% | 1.6% | 2.1% |
| Finance costs | 89.3 | 72 | 78.6 | 116 | 91.6 | 81.6 | 84 | 84.1 | 80.6 | 106 | 84.6 | 106 | 88.5 | 92.1 | 88.5 | 54.5 | 33.1 | 23.9 | 30.7 | 28 | 30.5 | 31.2 | 34.8 | 60 | 47 | 43.9 | 62.9 | 65.3 | 57.3 | 55.8 | 47.1 | 44 | 48.5 |
| Depreciation | 50.7 | 50.4 | 46.8 | 55.5 | 53.8 | 63.1 | 54 | 49.5 | 51 | 51.7 | 43.3 | 43.7 | 42.4 | 42.8 | 39.1 | 37.1 | 36.6 | 33.7 | 36.1 | 34.9 | 36.2 | 37.4 | 35 | 39.6 | 37.8 | 37.3 | 47.5 | 32.8 | 15.2 | 16.3 | 16.6 | 15.2 | 14 |
| Profit before tax | 611 | 395 | 538 | 460 | 304 | 1,148 | 513 | 381 | 292 | 381 | 434 | 408 | 352 | 455 | 494 | 471 | 444 | 487 | 391 | 301 | 385 | 372 | 241 | 131 | 166 | 228 | 151 | 147 | 210 | 144 | 147 | 122 | 183 |
| Tax | 157 | 108 | 124 | 110 | 71.4 | 230 | 110 | 98.5 | 75.4 | 56.7 | 86 | 96.7 | 96.7 | 126 | 102 | 78.9 | 88 | 89.7 | 67.6 | 62.2 | 81.4 | 170 | 58.9 | 31.6 | 39.3 | 63.7 | 18.6 | 36.7 | 37.4 | 14.2 | 51.3 | 36 | 39.7 |
| Net profit | 453 | 288 | 413 | 350 | 233 | 918 | 403 | 283 | 217 | 324 | 348 | 312 | 255 | 328 | 393 | 392 | 356 | 397 | 323 | 239 | 303 | 202 | 182 | 99 | 127 | 164 | 133 | 110 | 172 | 130 | 96.1 | 85.8 | 144 |
| Net margin | 1.3% | 0.9% | 1.3% | 1.2% | 0.9% | 3.5% | 1.5% | 1.1% | 1.0% | 1.4% | 1.5% | 1.4% | 1.2% | 1.5% | 1.8% | 2.1% | 2.1% | 2.4% | 2.1% | 1.8% | 2.0% | 1.2% | 1.3% | 0.9% | 1.0% | 1.1% | 1.1% | 0.9% | 1.4% | 1.0% | 0.9% | 0.8% | 1.3% |
| EPS (₹) | 6.22 | 5.01 | 5.57 | 4.96 | 3.52 | 8.51 | 5.12 | 3.75 | 3.15 | 4.16 | 4.36 | 3.88 | 3.18 | 3.97 | 4.86 | 4.95 | 4.46 | 4.97 | 3.93 | 6.08 | 7.77 | 4.87 | 4.52 | 2.28 | 3.06 | 4.01 | 3.34 | 2.83 | 4.34 | 3.65 | 2.62 | 2.22 | 3.58 |
| Net profit YoY | +94.6% | −68.7% | +2.6% | +23.8% | +7.3% | +183.3% | +15.8% | −9.2% | −15.0% | −1.4% | −11.4% | −20.5% | – | −7.6% | −1.1% | +21.3% | +17.2% | +96.6% | +77.2% | +141.7% | +139.5% | +22.8% | +37.5% | −10.2% | −26.5% | +26.4% | +38.0% | +28.5% | +20.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,19,162 | 99,334 | 89,346 | 79,377 | 62,644 | 56,946 | 51,465 | 46,536 | 43,459 |
| Other income | 185 | 228 | 264 | 142 | 87.6 | 95.7 | 48.6 | 63.2 | 39.1 |
| Total expenses | 1,17,498 | 97,853 | 88,035 | 77,685 | 61,109 | 55,907 | 50,817 | 45,905 | 42,868 |
| EBITDA | 2,229 | 2,029 | 1,877 | 2,119 | 1,792 | 1,343 | 1,023 | 899 | 816 |
| EBITDA margin | 1.9% | 2.0% | 2.1% | 2.7% | 2.9% | 2.4% | 2.0% | 1.9% | 1.9% |
| Finance costs | 359 | 330 | 385 | 272 | 116 | 156 | 219 | 204 | 168 |
| Depreciation | 206 | 218 | 181 | 155 | 141 | 148 | 155 | 63.4 | 56.9 |
| Profit before tax | 1,697 | 2,335 | 1,575 | 1,833 | 1,622 | 1,128 | 692 | 623 | 631 |
| Tax | 413 | 514 | 336 | 394 | 307 | 342 | 158 | 139 | 146 |
| Net profit | 1,284 | 1,821 | 1,239 | 1,439 | 1,315 | 787 | 534 | 484 | 484 |
| Net margin | 1.1% | 1.8% | 1.4% | 1.8% | 2.1% | 1.4% | 1.0% | 1.0% | 1.1% |
| EPS (₹) | 19.06 | 20.53 | 15.59 | 17.82 | 16.40 | 19.44 | 13.24 | 12.80 | 12.04 |
| Net profit YoY | −29.5% | +47.0% | −13.9% | +9.5% | +67.2% | +47.3% | +10.2% | +0.0% | – |
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 | 231 | 293 | 1,079 | −3,234 | 989 |
| Investing cash flow | −10.4 | 560 | 145 | 176 | −56.5 |
| Financing cash flow | −999 | −1,171 | −1,381 | 1,529 | −476 |
| Capital expenditure | 157 | 136 | 104 | 157 | 118 |
| Free cash flow (CFO − capex) | 74 | 156 | 976 | −3,391 | 871 |
Net profit trend
annual, ₹ croreFY21
₹787
FY22
₹1,315+67%
FY23
₹1,439+9%
FY24
₹1,239−14%
FY25
₹1,821+47%
FY26
₹1,284−29%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 29 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 29 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 13 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 13 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 | 5 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 5 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 30 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 30 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 11.2×21.2×
P/B5Y avg 1.95×3.13×
ROEFY26, on average equity13.6%
Net margin1.1%
Debt / equity0.26×
Revenue CAGR (3Y)14.5%
Profit CAGR (3Y)-3.7%
EPS (TTM)₹19.25
Market cap₹31,837 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
3.13×
vs 8-point avg 1.95× (+61%)
1.54× low1.95× avg3.13× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹33,839 Cr+23%
Net worth₹10,161 Cr+17%
Total borrowings₹2,637 Cr+1%
Cash & bank balances₹1,110 Cr−18%
Investments₹0 Cr
Inventories₹8,171 Cr+30%
Trade receivables₹21,569 Cr+24%
Trade payables₹18,039 Cr+35%
Change vs the same date a year earlier.
Revenue mix FY26
SISA54.6%result ₹1,434 Cr
ROW45.4%result ₹774 Cr
Segment revenue as reported, before inter-segment eliminations.