Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY23
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 259 | 195 | 145 | 125 | 215 | 151 | 131 | 106 | 217 | 154 | 135 | 120 | 225 | 167 |
| Other income | 2.7 | 2 | 1.2 | 1.4 | 1.5 | 1.1 | 1 | 0.9 | 0.6 | 1 | 1.3 | 0.9 | 1.4 | 0.8 |
| Total expenses | 226 | 183 | 139 | 123 | 202 | 147 | 131 | 104 | 201 | 149 | 132 | 116 | 206 | 161 |
| EBITDA | 39 | 18.8 | 13.2 | 8.9 | 20.2 | 12.7 | 8 | 9.4 | 24.3 | 13.9 | 12.5 | 12.6 | 27.1 | 14.6 |
| EBITDA margin | 15.1% | 9.6% | 9.1% | 7.2% | 9.4% | 8.4% | 6.1% | 8.9% | 11.2% | 9.0% | 9.2% | 10.5% | 12.0% | 8.7% |
| Finance costs | 0.5 | 0.5 | 0.9 | 0.8 | 1.1 | 1.8 | 1.9 | 1.4 | 1.9 | 2.9 | 3.3 | 2.6 | 2.5 | 2.7 |
| Depreciation | 5.7 | 6.4 | 6.2 | 5.8 | 6.2 | 6.4 | 6.1 | 6.1 | 6.2 | 6.4 | 6.1 | 5.7 | 5.8 | 6 |
| Profit before tax | 35.5 | 13.9 | 6.7 | 3.7 | 14.5 | 5.7 | 1 | 2.7 | 16.8 | 5.5 | 4.4 | 5.3 | 20.2 | 6.7 |
| Tax | 9 | 3.4 | 1.7 | 0.9 | 3.7 | 1.4 | 0.3 | 0.8 | 4.3 | 1.2 | 1.2 | 1.5 | 5.1 | 2 |
| Net profit | 26.5 | 10.6 | 5 | 2.7 | 10.8 | 4.3 | 0.8 | 1.9 | 12.5 | 4.3 | 3.2 | 3.8 | 15.1 | 4.7 |
| Net margin | 10.3% | 5.4% | 3.4% | 2.2% | 5.0% | 2.8% | 0.6% | 1.8% | 5.8% | 2.8% | 2.3% | 3.1% | 6.7% | 2.8% |
| EPS (₹) | 24.22 | 9.64 | 4.54 | 2.48 | 9.84 | 3.90 | 0.70 | 1.76 | 11.41 | 3.91 | 2.90 | 3.47 | 13.81 | 4.32 |
| Net profit YoY | +146.0% | +147.1% | +553.1% | +40.5% | −13.7% | −0.5% | −76.0% | −49.1% | −17.4% | −9.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue from operations | 679 | 605 | 634 | 594 |
| Other income | 6.1 | 3.6 | 4.2 | 3.4 |
| Total expenses | 646 | 583 | 603 | 546 |
| EBITDA | 61.1 | 54.5 | 66.4 | 81 |
| EBITDA margin | 9.0% | 9.0% | 10.5% | 13.6% |
| Finance costs | 3.3 | 7 | 11.3 | 9 |
| Depreciation | 24.5 | 24.8 | 24 | 23.8 |
| Profit before tax | 38.7 | 26.2 | 35.3 | 51.6 |
| Tax | 9.7 | 6.7 | 8.9 | 14.5 |
| Net profit | 29 | 19.5 | 26.4 | 37.1 |
| Net margin | 4.3% | 3.2% | 4.2% | 6.2% |
| EPS (₹) | 26.50 | 17.78 | 24.09 | 33.90 |
| Net profit YoY | +49.0% | −26.2% | −28.9% | – |
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 |
|---|---|---|---|---|
| Operating cash flow | 121 | 53.9 | 57.8 | 16.7 |
| Investing cash flow | −50.4 | −10.8 | −34 | −44.5 |
| Financing cash flow | −66.2 | −45.6 | −21.6 | 29 |
| Capital expenditure | 15.1 | 21.7 | 36.7 | 55.4 |
| Free cash flow (CFO − capex) | 106 | 32.2 | 21.2 | −38.7 |
Net profit trend
annual, ₹ croreFY23
₹37.1
FY24
₹26.4−29%
FY25
₹19.5−26%
FY26
₹29+49%
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 | 9 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 11 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 31 Oct 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 8 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 26 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 6 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 8 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 7 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone | 25 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)8.9×
P/B0.98×
ROEFY26, on average equity7.4%
Net margin4.3%
Debt / equity0.04×
Revenue CAGR (3Y)4.6%
Profit CAGR (3Y)-7.9%
EPS (TTM)₹40.87
Market cap₹397 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₹532 Cr−2%
Net worth₹406 Cr+7%
Total borrowings₹16 Cr−79%
Cash & bank balances₹7 Cr+248%
Investments₹39 Cr+1194%
Inventories₹183 Cr−19%
Trade receivables₹38 Cr−1%
Trade payables₹54 Cr+30%
Change vs the same date a year earlier.
Revenue mix FY26
a)Segment - Building Material97.9%result ₹38.6 Cr
b) Segment - Power Generation2.1%result ₹3.3 Cr
Segment revenue as reported, before inter-segment eliminations.