Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ 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 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 929 | 1,073 | 764 | 773 | 809 | 940 | 671 | 753 | 784 | 898 | 612 | 682 | 718 | 803 | 609 | 695 | 699 | 667 | 510 | 558 | 468 | 475 | 384 | 392 | 160 | 406 | 373 | 401 | 438 | 448 | 385 | 414 | 383 | 345 |
| Other income | 10.2 | 2.6 | 5.7 | 9.6 | 10 | 13.9 | 13.4 | 12.1 | 11.9 | 10.8 | 10.6 | 10.1 | 9.3 | 6.7 | 14.4 | 21.5 | 10.6 | 4.9 | 2.8 | 3.8 | 2.9 | 7.9 | 1.8 | 2.2 | 7.8 | 7.3 | 5.3 | 6.4 | 4.2 | 6.8 | 3.3 | 3.3 | 1.7 | 1.8 |
| Total expenses | 789 | 868 | 698 | 662 | 688 | 752 | 587 | 641 | 666 | 722 | 532 | 568 | 604 | 672 | 529 | 586 | 550 | 511 | 418 | 455 | 395 | 409 | 336 | 327 | 164 | 330 | 310 | 331 | 364 | 369 | 350 | 364 | 336 | 311 |
| EBITDA | 172 | 235 | 95.8 | 138 | 142 | 210 | 107 | 133 | 141 | 199 | 102 | 136 | 136 | 153 | 104 | 132 | 172 | 180 | 114 | 124 | 92.8 | 86.9 | 67.1 | 82.7 | 14.1 | 93.8 | 84.2 | 89.7 | 95.1 | 101 | 55.6 | 70.4 | 59.3 | 46 |
| EBITDA margin | 18.5% | 21.9% | 12.5% | 17.9% | 17.6% | 22.3% | 15.9% | 17.7% | 18.0% | 22.1% | 16.7% | 19.9% | 18.9% | 19.1% | 17.0% | 19.0% | 24.5% | 26.9% | 22.4% | 22.2% | 19.8% | 18.3% | 17.5% | 21.1% | 8.8% | 23.1% | 22.5% | 22.4% | 21.7% | 22.6% | 14.4% | 17.0% | 15.5% | 13.3% |
| Finance costs | 0.8 | 1 | 0.8 | 0.8 | 1.1 | 1.2 | 1.1 | 0.9 | 1.1 | 1.1 | 0.9 | 0.9 | 0.9 | 1.4 | 0.5 | 0.5 | 0.4 | 1.3 | 0.3 | 0.4 | 0.4 | 0.6 | 0.3 | 0.3 | 0.3 | 0.2 | 1.9 | 0.3 | 0.3 | 0.2 | 0.4 | 0.6 | 0.3 | 0.3 |
| Depreciation | 31.3 | 29.5 | 28.8 | 26.6 | 20.8 | 20.9 | 21.1 | 20.9 | 21.9 | 21.8 | 21 | 21.1 | 21.3 | 21.3 | 22.4 | 21.7 | 21.8 | 22.4 | 21.6 | 20.5 | 19.9 | 19.5 | 18.8 | 17.7 | 17.9 | 18.5 | 18.5 | 19.1 | 20.8 | 22.2 | 20.4 | 19.8 | 12 | 11 |
| Profit before tax | 150 | 207 | 71.9 | 121 | 130 | 202 | 97.7 | 124 | 130 | 187 | 91.2 | 124 | 123 | 137 | 95.2 | 131 | 160 | 161 | 95 | 107 | 75.4 | 74.7 | 49.8 | 67 | 3.6 | 82.4 | 69 | 76.7 | 78.2 | 85.7 | 38 | 53.4 | 48.6 | 36.6 |
| Tax | 35.2 | 52.6 | 22.1 | 31.2 | 26.2 | 14.7 | 23.4 | 33.7 | 33.5 | 45.1 | 23.7 | 30.6 | 32.7 | 32.4 | 24.6 | 33.8 | 41.9 | 39.7 | 25.2 | 27.5 | 18.6 | 21.7 | 12.7 | 17 | 0.5 | 21.1 | −15.5 | 26.9 | 27.7 | 28.4 | 11.6 | 18.8 | 17 | 12.9 |
| Net profit | 115 | 155 | 49.8 | 89.5 | 104 | 187 | 74.3 | 89.9 | 96.3 | 141 | 67.5 | 93 | 90.1 | 105 | 70.6 | 97.6 | 118 | 121 | 69.8 | 79.2 | 56.7 | 52.9 | 37.2 | 49.9 | 3.2 | 61.3 | 84.6 | 49.8 | 50.5 | 57.2 | 26.4 | 34.6 | 31.6 | 23.7 |
| Net margin | 12.4% | 14.4% | 6.5% | 11.6% | 12.9% | 19.9% | 11.1% | 11.9% | 12.3% | 15.8% | 11.0% | 13.6% | 12.6% | 13.0% | 11.6% | 14.0% | 16.9% | 18.2% | 13.7% | 14.2% | 12.1% | 11.1% | 9.7% | 12.7% | 2.0% | 15.1% | 22.7% | 12.4% | 11.5% | 12.8% | 6.9% | 8.4% | 8.3% | 6.9% |
| EPS (₹) | 15.31 | 20.58 | 6.63 | 11.89 | 13.86 | 24.84 | 9.88 | 11.96 | 12.80 | 18.80 | 8.98 | 12.37 | 11.98 | 13.89 | 9.39 | 12.98 | 15.70 | 16.13 | 9.28 | 10.53 | 7.54 | 7.04 | 4.94 | 6.64 | 0.42 | 8.14 | 11.24 | 6.62 | 6.71 | 7.61 | 3.51 | 4.59 | 4.65 | 3.48 |
| Net profit YoY | +10.5% | −17.1% | −32.9% | −0.5% | +8.2% | +32.1% | +10.0% | −3.3% | +6.8% | +35.3% | −4.3% | −4.7% | −23.7% | −13.8% | +1.1% | +23.2% | +108.2% | +129.2% | +87.7% | +58.6% | +1700.6% | −13.6% | −56.0% | +0.3% | −93.8% | +7.1% | +219.9% | +44.1% | +59.6% | +141.4% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3,419 | 3,148 | 2,910 | 2,807 | 2,203 | 1,411 | 1,618 | 1,664 | 1,252 |
| Other income | 28 | 50.2 | 40.8 | 53.2 | 14.3 | 19.6 | 22.7 | 16.3 | 20.8 |
| Total expenses | 2,917 | 2,645 | 2,426 | 2,336 | 1,779 | 1,235 | 1,334 | 1,457 | 1,133 |
| EBITDA | 612 | 592 | 572 | 560 | 511 | 252 | 363 | 289 | 163 |
| EBITDA margin | 17.9% | 18.8% | 19.7% | 20.0% | 23.2% | 17.9% | 22.5% | 17.3% | 13.0% |
| Finance costs | 3.7 | 4.3 | 3.8 | 2.8 | 2.4 | 1.4 | 2.8 | 1.8 | 1.2 |
| Depreciation | 106 | 84.8 | 85.2 | 87.2 | 84.3 | 74.9 | 76.9 | 79.3 | 43.1 |
| Profit before tax | 530 | 553 | 524 | 524 | 438 | 195 | 306 | 224 | 140 |
| Tax | 132 | 105 | 132 | 133 | 111 | 51.9 | 60.3 | 75.2 | 47.8 |
| Net profit | 398 | 447 | 392 | 391 | 327 | 143 | 246 | 149 | 92 |
| Net margin | 11.6% | 14.2% | 13.5% | 13.9% | 14.8% | 10.2% | 15.2% | 8.9% | 7.3% |
| EPS (₹) | 52.96 | 59.48 | 52.13 | 51.95 | 43.49 | 19.03 | 32.72 | 19.92 | 13.53 |
| Net profit YoY | −11.0% | +14.1% | +0.4% | +19.5% | +128.5% | −41.8% | +65.6% | +61.6% | – |
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 | 437 | 387 | 340 | 341 | 32.9 |
| Investing cash flow | −404 | −338 | −228 | −47.2 | −76.1 |
| Financing cash flow | −279 | −27.3 | −17.4 | −15.3 | −14.7 |
| Capital expenditure | 297 | 378 | 262 | 62 | 80.3 |
| Free cash flow (CFO − capex) | 140 | 9.8 | 78.3 | 279 | −47.4 |
Net profit trend
annual, ₹ croreFY21
₹143
FY22
₹327+128%
FY23
₹391+19%
FY24
₹392+0%
FY25
₹447+14%
FY26
₹398−11%
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 | 18 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 18 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 4 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 3 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 1 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone | 23 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 5 Feb 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)58.9×
P/B8.11×
ROEFY26, on average equity13.7%
Net margin11.6%
Debt / equity0.00×
Revenue CAGR (3Y)6.8%
Profit CAGR (3Y)0.6%
EPS (TTM)₹54.41
Market cap₹24,116 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₹3,751 Cr+10%
Net worth₹2,974 Cr+5%
Total borrowings₹0 Cr
Cash & bank balances₹217 Cr−45%
Investments₹180 Cr+54%
Inventories₹778 Cr+21%
Trade receivables₹798 Cr+14%
Trade payables₹603 Cr+52%
Change vs the same date a year earlier.