Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY24
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 129 | 115 | 119 | 124 | 165 | 297 | 511 | 370 | 554 | 446 | 416 | 397 | 427 |
| Other income | 4.8 | 13 | 8.4 | 25.1 | 9.1 | 279 | 8.7 | 266 | 6.9 | −3.6 | 57.6 | 78.9 | 17.2 |
| Total expenses | 127 | 130 | 131 | 142 | 165 | 645 | 520 | 507 | 459 | 562 | 378 | 420 | 400 |
| EBITDA | 21.3 | 5.2 | 2.9 | −2 | 13.2 | −329 | 57.3 | −92.6 | 140 | −25.6 | 65.9 | 19.5 | 77.5 |
| EBITDA margin | 16.5% | 4.5% | 2.5% | -1.6% | 8.0% | -110.8% | 11.2% | -25.1% | 25.3% | -5.8% | 15.8% | 4.9% | 18.1% |
| Finance costs | 11.8 | 17.1 | 11 | 12.4 | 9.6 | 14.3 | 38.4 | 36.5 | 31.5 | 43.5 | 13.7 | 41.9 | 43.9 |
| Depreciation | 7.6 | 3.3 | 3.4 | 3.2 | 3.4 | 4.3 | 28.5 | 8.5 | 13.7 | 47 | 13.9 | 0.9 | 6.1 |
| Profit before tax | 6.7 | −2.2 | −3 | 12.3 | 9.4 | −69 | −0.8 | 128 | 102 | −120 | 96 | 55.6 | 44.7 |
| Tax | 5.2 | 2.1 | 1.4 | 1.5 | 3.9 | −4.1 | 6.6 | 11.9 | 30.3 | −17.8 | 2.8 | 5.3 | 15.4 |
| Net profit | 38.7 | 14 | 13.9 | 10.8 | 18.8 | −59 | −7.5 | 117 | 71.5 | −102 | 93.1 | 50.3 | 29.3 |
| Net margin | 30.0% | 12.1% | 11.6% | 8.7% | 11.4% | -19.8% | -1.5% | 31.5% | 12.9% | -22.9% | 22.4% | 12.7% | 6.9% |
| EPS (₹) | 0.17 | 0.08 | 0.06 | 0.05 | 0.08 | -0.35 | -0.03 | 0.42 | 0.13 | -0.66 | 0.42 | 0.21 | 0.13 |
| Net profit YoY | +106.1% | +123.7% | +285.7% | −90.7% | −73.7% | +42.2% | −108.0% | +131.9% | +143.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 524 | 1,731 | 1,686 |
| Other income | 55.6 | 562 | 150 |
| Total expenses | 568 | 2,132 | 1,760 |
| EBITDA | 19.3 | −225 | 137 |
| EBITDA margin | 3.7% | -13.0% | 8.1% |
| Finance costs | 50.1 | 121 | 143 |
| Depreciation | 13.2 | 55 | 67.9 |
| Profit before tax | 11.6 | 160 | 76.6 |
| Tax | 8.9 | 44.7 | 5.8 |
| Net profit | 57.4 | 122 | 70.8 |
| Net margin | 11.0% | 7.0% | 4.2% |
| EPS (₹) | 0.27 | 0.17 | 0.37 |
| Net profit YoY | −52.8% | +71.8% | – |
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 | 43.3 | −51 | 685 |
| Investing cash flow | −64.4 | 473 | 72.6 |
| Financing cash flow | 8.3 | −408 | −688 |
| Capital expenditure | 5.9 | 28.6 | −19.8 |
| Free cash flow (CFO − capex) | 37.4 | −79.6 | 665 |
Net profit trend
annual, ₹ croreFY24
₹70.8
FY25
₹122+72%
FY26
₹57.4−53%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 13 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | – | PDF XBRL |
| Q4 FY26 | Consolidated · audited | 30 May 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 30 May 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 14 Nov 2025 | PDF XBRL |
| Q2 FY26 | Consolidated | – | PDF XBRL |
| Q2 FY26 | Standalone | – | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 46.1×47.3×
P/B5Y avg 2.39×2.09×
ROEFY26, on average equity3.4%
Net margin11.0%
Debt / equity0.26×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹0.50
Market cap₹3,662 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
2.09×
vs 6-point avg 2.39× (−13%)
1.53× low2.39× avg2.94× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,884 Cr+6%
Net worth₹1,753 Cr+9%
Total borrowings₹458 Cr+23%
Cash & bank balances₹9 Cr−58%
Investments₹2,005 Cr+4%
Inventories₹13 Cr+63%
Trade receivables₹330 Cr−4%
Trade payables₹28 Cr−41%
Change vs the same date a year earlier.
Revenue mix FY26
TRANSPORTATION LOGISTICS MINING AND CONSTRUCTION64.8%result ₹57.6 Cr
OTHER INCOME9.6%result ₹55.6 Cr
OVERSEAS COAL MINING AND TRADING8.7%result ₹13.9 Cr
GENERATION AND SUPPLY OF ELECTRICITY8.6%result ₹−2.6 Cr
TRADING OF OIL LUBRICANTS AND SPARES5.7%result ₹0.6 Cr
OIL DRILLING OPERATIONS1.8%result ₹1.1 Cr
FINANCE OPERATIONS0.7%result ₹−9.7 Cr
Segment revenue as reported, before inter-segment eliminations.