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 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 492 | 592 | 387 | 346 | 385 | 502 | 431 | 398 | 422 | 539 | 473 | 362 | 427 | 573 | 556 | 523 | 431 | 471 | 334 | 332 | 218 | 328 | 165 | 150 | 139 | 320 | 285 | 300 | 0 | 0 |
| Other income | 11.9 | 11.6 | 10.2 | 13.3 | 13.6 | 18.2 | 20.6 | 15.3 | 14.5 | 13.3 | 11.4 | 14.3 | 11 | 8.6 | 8.6 | 7.3 | 4.7 | 4.3 | 3.4 | 3.5 | 4.4 | 2.9 | 3.3 | 6.2 | 6 | 4.6 | 5.9 | 6.6 | 0 | 0 |
| Total expenses | 460 | 580 | 376 | 336 | 377 | 493 | 437 | 380 | 387 | 483 | 397 | 284 | 343 | 428 | 418 | 396 | 356 | 404 | 330 | 303 | 197 | 304 | 161 | 133 | 118 | 264 | 228 | 239 | 0 | 0 |
| EBITDA | 43.9 | 23.6 | 24.7 | 26.3 | 21.3 | 25.2 | 7.6 | 30.7 | 47.8 | 67.7 | 87.7 | 89.4 | 95.1 | 157 | 150 | 140 | 87.8 | 79.2 | 15.3 | 40 | 31.4 | 34.2 | 13.8 | 28 | 31.5 | 64.7 | 67.8 | 72.2 | 0 | 0 |
| EBITDA margin | 8.9% | 4.0% | 6.4% | 7.6% | 5.5% | 5.0% | 1.8% | 7.7% | 11.3% | 12.6% | 18.5% | 24.7% | 22.3% | 27.4% | 27.0% | 26.7% | 20.4% | 16.8% | 4.6% | 12.0% | 14.4% | 10.4% | 8.4% | 18.6% | 22.6% | 20.2% | 23.8% | 24.1% | – | – |
| Finance costs | 0.4 | 0.7 | 2.6 | 4.4 | 1.1 | 4.2 | 1.8 | 1.4 | 1 | 0.6 | 0.5 | 0.5 | 0.5 | 1.5 | 0.5 | 0.6 | 0.6 | 0.9 | 0.7 | 0.7 | 0.6 | 0.6 | 0.7 | 0.9 | 0.7 | 0.9 | 1.1 | 2 | 0 | 0 |
| Depreciation | 11.6 | 11.1 | 11.3 | 11.1 | 11.5 | 11.2 | 11.3 | 11.3 | 11.5 | 10.6 | 10.8 | 11 | 11.5 | 10.3 | 11.6 | 11.7 | 11.8 | 11 | 10 | 10 | 9.9 | 9.8 | 9.5 | 9.3 | 9.2 | 7.6 | 9.2 | 9.2 | 0 | 0 |
| Profit before tax | 43.8 | 23.4 | 21.1 | 24.1 | 22.3 | 28 | 15.1 | 33.3 | 49.9 | 69.8 | 87.8 | 92.2 | 94.2 | 154 | 146 | 135 | 80.2 | 71.6 | 8 | 32.8 | 25.2 | 26.8 | 7 | 24 | 27.6 | 60.8 | 63.4 | 67.6 | 0 | 0 |
| Tax | 11.5 | 6 | 5.6 | 6.3 | 6 | 2.3 | −0.7 | 8.6 | 13.1 | 16.7 | 22 | 23.1 | 24.3 | 37.9 | 36.9 | 34.4 | 20.5 | 18 | 2 | 8.8 | 6.6 | −34.6 | 2.5 | 8.6 | 9.7 | 15.3 | 19.9 | 21.3 | 0 | 0 |
| Net profit | 31.9 | 26.1 | 18.6 | 22.4 | 15.4 | 27.1 | 16.6 | 28.5 | 37 | 56.8 | 69 | 73.2 | 71.8 | 118 | 112 | 106 | 60.3 | 56.6 | 6 | 27.5 | 19.9 | 63.6 | 4.7 | 18.8 | 19.3 | 48 | 45.8 | 49.9 | 0 | 0 |
| Net margin | 6.5% | 4.4% | 4.8% | 6.5% | 4.0% | 5.4% | 3.9% | 7.1% | 8.8% | 10.5% | 14.6% | 20.2% | 16.8% | 20.5% | 20.1% | 20.3% | 14.0% | 12.0% | 1.8% | 8.3% | 9.1% | 19.4% | 2.8% | 12.5% | 13.9% | 15.0% | 16.1% | 16.6% | – | – |
| EPS (₹) | 5.30 | 4.32 | 3.10 | 3.72 | 2.56 | 4.50 | 2.76 | 4.73 | 6.14 | 9.44 | 11.45 | 12.15 | 11.91 | 19.54 | 18.52 | 17.65 | 10.01 | 9.40 | 1.00 | 3.30 | 3.30 | 10.56 | 0.74 | 2.98 | 3.06 | 7.61 | 7.27 | 7.91 | 0.00 | 0.00 |
| Net profit YoY | +106.8% | −3.8% | +12.1% | −21.3% | −58.3% | −52.4% | −75.9% | −61.1% | −48.4% | −51.7% | −38.2% | −31.1% | +19.0% | +107.8% | +1747.2% | +286.6% | +203.6% | −11.0% | +29.9% | +46.1% | +2.9% | +32.5% | −89.9% | −62.3% | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,710 | 1,754 | 1,802 | 2,083 | 1,355 | 782 | 1,184 | 1,326 | 1,118 |
| Other income | 48.8 | 68.6 | 50 | 29.3 | 15.5 | 18.4 | 23.5 | 22.9 | 8.9 |
| Total expenses | 1,668 | 1,697 | 1,508 | 1,597 | 1,233 | 715 | 959 | 1,077 | 957 |
| EBITDA | 95.9 | 111 | 340 | 534 | 166 | 108 | 267 | 296 | 207 |
| EBITDA margin | 5.6% | 6.4% | 18.9% | 25.6% | 12.2% | 13.8% | 22.5% | 22.3% | 18.5% |
| Finance costs | 8.8 | 8.4 | 2.1 | 3.2 | 2.9 | 2.9 | 6.9 | 13.8 | 14.3 |
| Depreciation | 45 | 45.3 | 43.9 | 45.3 | 40.9 | 37.6 | 35 | 33.8 | 32 |
| Profit before tax | 90.9 | 126 | 344 | 515 | 138 | 85.4 | 248 | 271 | 175 |
| Tax | 23.9 | 23.3 | 86.1 | 130 | 35.5 | −13.9 | 74.3 | 81.4 | 52.4 |
| Net profit | 82.5 | 109 | 271 | 396 | 110 | 106 | 183 | 192 | 123 |
| Net margin | 4.8% | 6.2% | 15.0% | 19.0% | 8.1% | 13.6% | 15.4% | 14.5% | 11.0% |
| EPS (₹) | 13.70 | 18.13 | 44.96 | 65.72 | 18.27 | 17.66 | 28.97 | 152.26 | 97.74 |
| Net profit YoY | −24.4% | −59.7% | −31.6% | +259.8% | +3.4% | −41.8% | −4.9% | – | – |
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 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 92 | −61.3 | 202 | 329 | 274 |
| Investing cash flow | 5.7 | 42.4 | −225 | −372 | −250 |
| Financing cash flow | −103 | 23.5 | −18.9 | −22.4 | −22 |
| Capital expenditure | 55.6 | 63.1 | 39.8 | 32 | 104 |
| Free cash flow (CFO − capex) | 36.4 | −124 | 162 | 297 | 170 |
Net profit trend
annual, ₹ croreFY21
₹106
FY22
₹110+3%
FY23
₹396+260%
FY24
₹271−32%
FY25
₹109−60%
FY26
₹82.5−24%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 25 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 25 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 12 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 12 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 31 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 31 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 25 Oct 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 25 Oct 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 19 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 19 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)15.0×
P/B0.73×
ROEFY26, on average equity4.1%
Net margin4.8%
Debt / equity0.00×
Revenue CAGR (3Y)-6.4%
Profit CAGR (3Y)-40.7%
EPS (TTM)₹16.45
Market cap₹1,483 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₹2,502 Cr−1%
Net worth₹2,042 Cr+3%
Total borrowings₹0 Cr−100%
Cash & bank balances₹8 Cr−41%
Investments₹305 Cr+10%
Inventories₹360 Cr+2%
Trade receivables₹190 Cr+28%
Trade payables₹239 Cr−3%
Change vs the same date a year earlier.