Quarterly results
standalone · 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 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 197 | 110 | 155 | 171 | 157 | 148 | 158 | 166 | 190 | 166 | 206 | 209 | 141 | 147 | 92.2 | 92.6 | 155 | 171 | 171 | 164 | 141 | 81.3 | 71 | 52.9 | 24.9 | 37.1 | 25.4 | 29.1 | 30.2 | 26.7 | 29.4 | 37.7 | 39.1 | 31.2 |
| Other income | 0.1 | 0.2 | 0.2 | 0 | 0 | −0 | 0.1 | 0 | 0 | 0.1 | 0.1 | 0 | 0 | 0.1 | 0.1 | 0.2 | 0 | −0 | 0 | 0.1 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 |
| Total expenses | 194 | 110 | 155 | 170 | 155 | 149 | 157 | 163 | 188 | 165 | 205 | 205 | 138 | 147 | 88.4 | 84.5 | 147 | 167 | 162 | 156 | 136 | 78.5 | 67.8 | 51.4 | 24.7 | 36.8 | 25.1 | 28.9 | 29.2 | 26.9 | 29.4 | 36.5 | 37.9 | 31 |
| EBITDA | 10.7 | 8.1 | 7.7 | 8.9 | 9.7 | 6 | 9.3 | 8.2 | 8.4 | 6.7 | 6.9 | 10.3 | 6.3 | 5 | 7.6 | 11.7 | 10.5 | 7.5 | 10.9 | 11.1 | 7.9 | 5.3 | 4.8 | 2.8 | 1.8 | 1.6 | 2 | 2 | 3 | 1.3 | 1.7 | 3.9 | 3.1 | 2.1 |
| EBITDA margin | 5.4% | 7.3% | 4.9% | 5.2% | 6.1% | 4.0% | 5.9% | 5.0% | 4.4% | 4.0% | 3.3% | 4.9% | 4.5% | 3.4% | 8.2% | 12.7% | 6.8% | 4.4% | 6.4% | 6.7% | 5.6% | 6.5% | 6.8% | 5.4% | 7.3% | 4.2% | 7.7% | 7.0% | 9.8% | 4.9% | 5.9% | 10.4% | 7.9% | 6.7% |
| Finance costs | 5.4 | 4.6 | 4.7 | 5.2 | 5.4 | 5.1 | 5.8 | 3.6 | 4.3 | 2.7 | 5.5 | 4.2 | 2.8 | 3.5 | 2.5 | 2 | 1.3 | 2.5 | 1.6 | 1.9 | 1.5 | 1.9 | 1 | 0.6 | 0.9 | 0.9 | 0.9 | 1.1 | 1.2 | 1.3 | 0.9 | 0.9 | 1 | 1 |
| Depreciation | 2.5 | 2.9 | 2.4 | 2.6 | 2.2 | 2.3 | 1.8 | 1.8 | 1.8 | 2.7 | 0.3 | 2.5 | 1.4 | 1.3 | 1.2 | 1.7 | 1.3 | 1.1 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.3 | 0.8 | 0.8 | 0.8 | 0.3 | 0.8 | 1.8 | 0.9 | 0.9 |
| Profit before tax | 2.8 | 0.8 | 0.8 | 1.2 | 2 | −1.5 | 1.8 | 2.8 | 2.4 | 1.4 | 1.2 | 3.6 | 2.2 | 0.3 | 3.9 | 8.2 | 7.9 | 4 | 8.6 | 8.5 | 5.7 | 2.8 | 3.2 | 1.5 | 0.2 | 0.4 | 0.3 | 0.2 | 1 | −0.2 | 0.1 | 1.3 | 1.2 | 0.2 |
| Tax | 0.6 | 2.1 | 0.5 | 0.1 | 0.5 | 1.4 | 0.3 | 0.6 | 0.1 | 0.5 | −0.2 | 1.9 | 0.2 | −2.8 | 1.3 | 2.8 | 1.5 | 2.6 | 1.9 | 1.4 | 0.9 | 0.7 | 0.5 | 0.3 | 0 | 0.4 | 0.1 | 0 | 0.2 | 0.1 | 0 | 0.2 | 0.3 | −0.4 |
| Net profit | 2.3 | −1.4 | 0.3 | 1.1 | 1.5 | −2.9 | 1.6 | 2.2 | 2.3 | 0.9 | 1.4 | 1.7 | 2.1 | 3.1 | 2.6 | 5.5 | 6.4 | 1.3 | 6.7 | 7.1 | 4.7 | 2.1 | 2.6 | 1.2 | 0.2 | −0 | 0.3 | 0.1 | 0.8 | −0.4 | 0 | 1 | 0.9 | 0.6 |
| Net margin | 1.1% | -1.2% | 0.2% | 0.6% | 1.0% | -2.0% | 1.0% | 1.3% | 1.2% | 0.5% | 0.7% | 0.8% | 1.5% | 2.1% | 2.8% | 5.9% | 4.1% | 0.8% | 3.9% | 4.3% | 3.3% | 2.6% | 3.7% | 2.4% | 0.8% | -0.1% | 1.1% | 0.5% | 2.7% | -1.3% | 0.1% | 2.7% | 2.4% | 1.9% |
| EPS (₹) | 4.29 | -2.59 | 0.62 | 2.03 | 2.91 | -5.54 | 3.01 | 4.16 | 4.32 | 1.71 | 2.74 | 3.28 | 3.91 | 5.97 | 4.98 | 10.36 | 12.07 | 2.48 | 12.69 | 13.48 | 8.96 | 4.01 | 5.03 | 2.37 | 0.37 | -0.08 | 0.52 | 0.25 | 1.53 | -0.67 | 0.07 | 1.94 | 1.76 | 1.13 |
| Net profit YoY | +47.4% | +53.2% | −79.3% | −51.3% | −32.7% | −424.2% | +9.8% | +26.8% | +10.6% | −71.4% | −44.9% | −68.3% | −67.6% | +141.1% | −60.8% | −23.1% | +34.7% | −38.3% | +152.3% | +469.1% | +2307.2% | +5445.1% | +867.6% | +829.4% | −75.7% | +88.8% | +695.1% | −86.9% | −13.2% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 594 | 662 | 722 | 487 | 647 | 230 | 122 | 133 | 40.8 |
| Other income | 0.6 | 0.2 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total expenses | 590 | 657 | 714 | 467 | 620 | 222 | 120 | 131 | 41.8 |
| EBITDA | 34.3 | 32 | 30.2 | 34.8 | 37.4 | 14.8 | 8.5 | 10 | 0.8 |
| EBITDA margin | 5.8% | 4.8% | 4.2% | 7.2% | 5.8% | 6.4% | 7.0% | 7.6% | 2.0% |
| Finance costs | 20 | 18.8 | 15.2 | 9.4 | 7.4 | 4.5 | 4.1 | 4 | 0.6 |
| Depreciation | 10.1 | 7.7 | 6.9 | 5.5 | 3.3 | 2.7 | 2.6 | 3.8 | 1.2 |
| Profit before tax | 4.8 | 5.5 | 8.4 | 20.3 | 26.8 | 7.8 | 1.9 | 2.3 | −0.9 |
| Tax | 3.2 | 2.4 | 2.3 | 2.7 | 7 | 1.6 | 0.7 | 0.7 | −1.3 |
| Net profit | 1.6 | 3.1 | 6.1 | 17.6 | 19.8 | 6.2 | 1.2 | 1.6 | 0.4 |
| Net margin | 0.3% | 0.5% | 0.8% | 3.6% | 3.1% | 2.7% | 1.0% | 1.2% | 1.0% |
| EPS (₹) | 2.97 | 5.95 | 11.64 | 33.39 | 37.60 | 11.78 | 2.23 | 3.10 | 0.78 |
| Net profit YoY | −50.2% | −48.9% | −65.1% | −11.2% | +219.2% | +428.3% | −28.0% | – | – |
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 | 79.3 | 63.8 | −11.9 | −5.1 | −34.8 |
| Investing cash flow | −9.8 | −26.1 | −71.9 | −3.3 | −19.5 |
| Financing cash flow | −69.5 | −37.6 | 83.8 | 8.4 | 54.2 |
| Capital expenditure | 11.1 | 26.3 | 72.2 | 3.5 | 19.9 |
| Free cash flow (CFO − capex) | 68.2 | 37.5 | −84.1 | −8.6 | −54.7 |
Net profit trend
annual, ₹ croreFY21
₹6.2
FY22
₹19.8+219%
FY23
₹17.6−11%
FY24
₹6.1−65%
FY25
₹3.1−49%
FY26
₹1.6−50%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 9 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 14 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 12 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone · audited | 28 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 13 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 13 Nov 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 13 Aug 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)63.2×
P/B1.73×
ROEFY26, on average equity1.9%
Net margin0.3%
Debt / equity2.26×
Revenue CAGR (3Y)6.8%
Profit CAGR (3Y)-55.4%
EPS (TTM)₹4.34
Market cap₹145 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₹304 Cr−14%
Net worth₹84 Cr+1%
Total borrowings₹190 Cr−21%
Cash & bank balances₹0 Cr−21%
Investments₹0 Cr
Inventories₹59 Cr−11%
Trade receivables₹79 Cr−32%
Trade payables₹8 Cr−38%
Change vs the same date a year earlier.