Your investments deserve an analyst, not a dashboard.

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	Q3 FY19	Q2 FY19	Q4 FY17
Revenue from operations	1,032	1,050	1,074	875	821	850	967	813	810	845	879	613	645	729	817	722	729	764	881	786	5.5	733	8.3	6.1	2.7	504	658	497	535	569	535	528
Other income	16.1	18.3	15.7	10.5	9.7	61.2	7.5	31.8	30.5	36.7	31.8	24.4	24.2	17.4	28.2	22.5	18.4	15.8	27.7	17.8	0.2	16.3	0.2	0.1	0.1	12.2	7.2	11.4	8.8	8.2	5.8	6.7
Total expenses	975	990	1,024	865	821	902	953	820	818	833	858	577	598	684	769	669	689	718	812	699	5.4	672	7.1	5.2	2.6	463	579	440	492	521	505	487
EBITDA	109	117	114	87.1	75.5	33	87.8	69.3	59.9	80.5	76.2	66.2	77.6	77.4	75.7	78.3	65.9	71.9	95	110	0.4	84.1	1.4	1.1	0.3	73.9	93.8	70.5	55.7	60.9	42.4	52.3
EBITDA margin	10.6%	11.1%	10.6%	10.0%	9.2%	3.9%	9.1%	8.5%	7.4%	9.5%	8.7%	10.8%	12.0%	10.6%	9.3%	10.8%	9.0%	9.4%	10.8%	14.0%	6.9%	11.5%	17.4%	17.5%	10.4%	14.7%	14.3%	14.2%	10.4%	10.7%	7.9%	9.9%
Finance costs	17.8	20.9	17	28.1	29.2	35.3	28.8	28.3	28.2	27	25.2	8.6	7.9	6	4.9	5	5.3	2.1	5.8	4.2	0	4.6	0	0	0	5.3	3	2.4	2.5	2.5	2.3	2.3
Depreciation	33.9	35.6	47.3	49.5	46.1	49.9	45.4	47.9	39.5	41.3	29.9	21.9	22.7	26.1	22.4	20.5	20.7	23.7	19.9	18.6	0.2	18.4	0.2	0.2	0.2	27	12.2	10.3	10.4	10	9.9	9.6
Profit before tax	79.6	94.3	65.7	12.2	9.9	8.9	21.2	24.9	53.2	82.5	52.9	60.2	82.2	62.8	76.6	75.3	58.4	61.8	97	105	0.3	77.3	1.4	0.9	0.2	41.8	85.9	69.1	51.6	56.5	36	47.2
Tax	20.4	16.8	16.1	4.6	4.5	−12.5	2.9	15.7	6.6	14.4	14.4	15.6	17	17	15.5	21.7	15.9	12.5	29.7	27.9	0.1	19	0.3	0.2	0.1	9.6	21.2	10.4	13.7	17.6	11.6	15
Net profit	62.3	91.8	52.6	10	7.2	22.2	18.6	9.3	46.6	65.2	31.2	44.3	65.2	45.8	61.2	53.6	42.5	49.3	67.4	76.9	0.3	58.4	1	0.7	0.1	32.2	64.7	58.7	37.9	38.9	24.4	32.2
Net margin	6.0%	8.7%	4.9%	1.1%	0.9%	2.6%	1.9%	1.1%	5.8%	7.7%	3.5%	7.2%	10.1%	6.3%	7.5%	7.4%	5.8%	6.5%	7.6%	9.8%	4.6%	8.0%	12.1%	11.5%	4.4%	6.4%	9.8%	11.8%	7.1%	6.8%	4.5%	6.1%
EPS (₹)	5.63	8.36	4.77	0.88	0.68	1.98	1.73	0.90	4.23	5.94	2.83	4.48	4.41	4.69	6.27	10.98	8.72	0.00	13.81	15.77	5.15	11.97	20.53	14.32	2.42	6.60	13.25	12.04	7.76	7.98	4.99	6.59
Net profit YoY	+770.7%	+313.8%	+182.8%	+6.9%	−84.6%	−66.0%	−40.3%	−79.0%	−28.5%	+42.2%	−49.1%	−17.3%	+53.4%	−7.1%	−9.2%	−30.4%	+16826.8%	−15.5%	+6625.6%	+10916.6%	+112.9%	+81.4%	−98.5%	−98.8%	–	−15.0%	+66.1%	+141.1%	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY17
Revenue from operations	3,821	3,439	2,982	2,873	2,982	2,435	2,174	2,141	2,004
Other income	54.3	131	117	86.5	79.2	52.1	40	29.1	21.1
Total expenses	3,701	3,492	2,866	2,687	2,765	2,164	1,945	1,981	1,832
EBITDA	393	250	301	297	315	362	300	209	216
EBITDA margin	10.3%	7.3%	10.1%	10.3%	10.6%	14.9%	13.8%	9.8%	10.8%
Finance costs	95.2	121	68.6	21.1	17	17.7	13	9.6	8.7
Depreciation	179	183	116	89.6	80.8	72.9	59	39.5	35.2
Profit before tax	182	108	256	273	296	324	256	189	193
Tax	42.4	12.8	61.4	70	77.6	83.7	62.1	55.7	59.8
Net profit	161	96.7	184	203	219	240	194	134	134
Net margin	4.2%	2.8%	6.2%	7.1%	7.3%	9.9%	8.9%	6.2%	6.7%
EPS (₹)	14.62	8.84	17.66	20.81	0.00	49.23	39.83	27.41	27.41
Net profit YoY	+66.3%	−47.4%	−9.4%	−7.2%	−8.9%	+23.6%	+45.3%	–	–

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	409	252	56.6	212	197
Investing cash flow	296	−28.8	−1,909	−268	−306
Financing cash flow	−716	−226	1,854	56.1	92.7
Capital expenditure	131	119	705	212	163
Free cash flow (CFO − capex)	278	133	−649	0.4	33.7

Net profit trend

annual, ₹ crore

FY21

₹240

FY22

₹219−9%

FY23

₹203−7%

FY24

₹184−9%

FY25

₹96.7−47%

FY26

₹161+66%

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 · audited	14 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	14 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	3 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	3 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	4 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	4 Nov 2025	PDF on NSE XBRL
Q1 FY26	Consolidated	5 Aug 2025	PDF on NSE XBRL
Q1 FY26	Standalone	5 Aug 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY2612.68 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 55.3×32.0×

P/B5Y avg 4.38×2.13×

ROEFY26, on average equity5.1%

Net margin4.2%

Debt / equity0.28×

Revenue CAGR (3Y)10.0%

Profit CAGR (3Y)-7.5%

EPS (TTM)₹19.84

Market cap₹6,930 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

P/B vs history

2.13×

vs 8-point avg 4.38× (−51%)

1.56× low4.38× avg10.51× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹5,117 Cr−6%

Net worth₹3,252 Cr+7%

Total borrowings₹908 Cr−38%

Cash & bank balances₹33 Cr−20%

Investments₹134 Cr−71%

Inventories₹393 Cr+12%

Trade receivables₹442 Cr+28%

Trade payables₹457 Cr+26%

Change vs the same date a year earlier.

Revenue mix Q1 FY25

Within India76.4%result ₹0 Cr

Outside India23.6%result ₹0 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	65.39	65.69	65.69	65.69	65.69	65.69	65.70	65.48	65.48	65.48	65.48	65.48
FII	4.17	4.15	4.18	4.07	4.63	6.23	6.55	6.59	6.40	6.32	6.12	6.04
DII	18.52	20.56	20.39	21.11	21.13	21.17	21.04	22.30	23.40	24.53	24.99	25.08
of which MF	15.83	17.37	17.20	17.69	17.74	–	–	–	–	–	–	–
Retail	8.57	6.76	6.77	6.58	6.19	4.94	4.87	4.08	3.34	2.38	2.16	2.21
Other public	3.35	2.84	2.97	2.55	2.36	1.97	1.84	1.55	1.38	1.29	1.25	1.19

68,569 shareholders · NSE shareholding pattern filings.