Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY24
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5,102 | 4,489 | 4,030 | 4,155 | 3,152 | 2,973 | 2,826 | 3,706 | 4,267 | 3,002 | 2,624 |
| Other income | 17.4 | 16.1 | 12.1 | 4.5 | 7.9 | 2.2 | 48.4 | 5.5 | 7.4 | 5.3 | 4.3 |
| Total expenses | 4,980 | 4,392 | 3,944 | 4,081 | 3,080 | 2,908 | 2,832 | 3,629 | 4,202 | 2,962 | 2,595 |
| EBITDA | 155 | 133 | 119 | 104 | 104 | 93.8 | 21.5 | 99 | 83.2 | 68 | 64 |
| EBITDA margin | 3.0% | 3.0% | 3.0% | 2.5% | 3.3% | 3.2% | 0.8% | 2.7% | 1.9% | 2.3% | 2.4% |
| Finance costs | 27.4 | 28.9 | 26.2 | 24.4 | 26.9 | 23.5 | 22.9 | 17.3 | 13.9 | 23.2 | 29.9 |
| Depreciation | 6.3 | 6.1 | 6.1 | 5.1 | 4.2 | 4.5 | 4.4 | 4.2 | 4.1 | 4.9 | 4.9 |
| Profit before tax | 139 | 114 | 98.7 | 78.7 | 80.3 | 70.5 | 42.6 | 82.9 | 72.6 | 55.6 | 33.5 |
| Tax | 34.4 | 26.8 | 24.1 | 19.4 | 18.6 | 17.8 | 10.6 | 13.1 | 17.6 | 8.5 | 8.7 |
| Net profit | 105 | 86.8 | 74.6 | 59.2 | 61.7 | 52.7 | 32.1 | 69.9 | 55 | 47.1 | 24.8 |
| Net margin | 2.0% | 1.9% | 1.9% | 1.4% | 2.0% | 1.8% | 1.1% | 1.9% | 1.3% | 1.6% | 0.9% |
| EPS (₹) | 15.59 | 12.78 | 11.16 | 8.88 | 9.30 | 7.78 | 4.83 | 10.58 | 8.38 | 7.09 | 6.04 |
| Net profit YoY | +69.5% | +64.6% | +132.6% | −15.2% | +12.1% | +12.1% | +29.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 15,827 | 13,773 | 11,095 |
| Other income | 40.6 | 60.6 | 14.4 |
| Total expenses | 15,497 | 13,567 | 10,928 |
| EBITDA | 459 | 300 | 293 |
| EBITDA margin | 2.9% | 2.2% | 2.6% |
| Finance costs | 106 | 77.5 | 107 |
| Depreciation | 21.5 | 17.2 | 18.9 |
| Profit before tax | 371 | 269 | 192 |
| Tax | 88.9 | 59 | 47.8 |
| Net profit | 282 | 210 | 144 |
| Net margin | 1.8% | 1.5% | 1.3% |
| EPS (₹) | 42.12 | 31.57 | 31.14 |
| Net profit YoY | +34.6% | +45.8% | – |
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 |
|---|---|---|---|
| Operating cash flow | 114 | −299 | −102 |
| Investing cash flow | 18.6 | 51.9 | 1.8 |
| Financing cash flow | −80.3 | 123 | 211 |
| Capital expenditure | 8.3 | 7.9 | 7.1 |
| Free cash flow (CFO − capex) | 105 | −307 | −109 |
Net profit trend
annual, ₹ croreFY24
₹144
FY25
₹210+46%
FY26
₹282+35%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 4 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 4 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 14 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 3 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 3 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 7 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 10.4×18.1×
P/B5Y avg 1.24×2.91×
ROEFY26, on average equity15.0%
Net margin1.8%
Debt / equity0.47×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹49.35
Market cap₹5,885 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.91×
vs 5-point avg 1.24× (+135%)
1.08× low1.24× avg2.91× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹5,327 Cr+25%
Net worth₹2,025 Cr+16%
Total borrowings₹959 Cr+7%
Cash & bank balances₹81 Cr+276%
Investments₹0 Cr−67%
Inventories₹2,554 Cr+28%
Trade receivables₹2,184 Cr+22%
Trade payables₹2,171 Cr+41%
Change vs the same date a year earlier.