Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q1 FY19
| ₹ 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 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q3 FY19 | Q2 FY19 | Q1 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 258 | 218 | 209 | 204 | 226 | 190 | 205 | 198 | 208 | 181 | 184 | 186 | 202 | 180 | 183 | 170 | 159 | 212 | 206 | 171 | 181 | 179 | 160 | 116 | 137 | 166 | 165 | 179 | 149 | 166 | 173 |
| Other income | 16.8 | 17.8 | 17.4 | 19 | 17.9 | 18.7 | 17.8 | 17.7 | 17 | 16.1 | 15.9 | 16 | 14.6 | 15.6 | 11.8 | 11.1 | 5.2 | 4.5 | 3 | 3.7 | 3.4 | 2.5 | 2.2 | 1.9 | 2.7 | 2.2 | 2 | 1.9 | 1.7 | 1.9 | 1.8 |
| Total expenses | 245 | 210 | 205 | 201 | 227 | 181 | 200 | 193 | 204 | 173 | 182 | 180 | 196 | 169 | 178 | 170 | 158 | 200 | 194 | 166 | 171 | 171 | 155 | 121 | 138 | 162 | 161 | 174 | 143 | 157 | 162 |
| EBITDA | 14.7 | 11 | 7.1 | 5.3 | 2.7 | 12 | 7.7 | 8.2 | 6.9 | 12.4 | 5.3 | 9.5 | 10 | 15.2 | 8.4 | 4 | 4.7 | 17.1 | 15.8 | 8.8 | 14.7 | 11.8 | 9 | −0.7 | 2.7 | 8.7 | 8.4 | 8.5 | 10.5 | 13.5 | 15.8 |
| EBITDA margin | 5.7% | 5.1% | 3.4% | 2.6% | 1.2% | 6.3% | 3.8% | 4.1% | 3.3% | 6.9% | 2.9% | 5.1% | 5.0% | 8.4% | 4.6% | 2.3% | 3.0% | 8.1% | 7.6% | 5.2% | 8.1% | 6.6% | 5.7% | -0.6% | 2.0% | 5.2% | 5.1% | 4.7% | 7.0% | 8.1% | 9.1% |
| Finance costs | 0.5 | 0.6 | 0.7 | 0.8 | 0.8 | 0.9 | 0.8 | 0.7 | 0.9 | 0.9 | 0.2 | 0.7 | 0.9 | 1 | 0.8 | 0.8 | 1 | 1.5 | 0.6 | 0.6 | 0.7 | 0.4 | 0.6 | 0.6 | 0.9 | 0.9 | 0.8 | 0.7 | 0.7 | 0.9 | 1 |
| Depreciation | 2.1 | 2.1 | 2.2 | 2.2 | 2.2 | 2.2 | 2.1 | 2 | 2.1 | 3.3 | 3.3 | 3.3 | 3.2 | 3.1 | 3.2 | 3.3 | 3.1 | 3.3 | 3.3 | 3.3 | 3.4 | 3.4 | 3.4 | 3.5 | 3.6 | 3.7 | 3.6 | 3.5 | 3.5 | 3.5 | 3.6 |
| Profit before tax | 28.9 | 29.5 | 14.1 | 21.3 | 17.7 | 21.8 | 22.6 | 23.2 | 40.8 | 24.2 | 17.7 | 21.6 | 20.6 | 26.8 | 16.2 | 10.9 | 5.8 | 16.8 | 17.5 | 8.5 | 14.1 | 10.6 | 15.3 | −2.9 | 0.9 | 6.4 | 6 | 6.1 | 8 | 11 | 13 |
| Tax | 7.6 | 7.8 | 3.6 | 0.9 | 4.7 | 5.6 | 5.9 | 6 | 9.2 | 6 | 4.8 | 5.5 | 5 | 6.3 | 4.2 | 3 | 1.6 | 4.6 | 4.7 | 2.5 | 3.7 | 2.9 | −15.5 | −0.5 | 0.5 | 1.9 | 2.3 | 2.4 | 3.1 | 4.3 | 5.1 |
| Net profit | 21.3 | 21.8 | 10.5 | 20.4 | 13 | 16.1 | 16.7 | 17.2 | 31.6 | 18.3 | 12.9 | 16 | 15.7 | 16.9 | 12 | 9.9 | 10.6 | 12.2 | 12.8 | 6 | 10.3 | 7.7 | 30.8 | −2.4 | 0.4 | 4.5 | 3.8 | 3.6 | 4.9 | 6.7 | 7.9 |
| Net margin | 8.3% | 10.0% | 5.0% | 10.0% | 5.7% | 8.5% | 8.2% | 8.7% | 15.2% | 10.1% | 7.0% | 8.6% | 7.8% | 9.4% | 6.6% | 5.8% | 6.7% | 5.7% | 6.2% | 3.5% | 5.7% | 4.3% | 19.3% | -2.1% | 0.3% | 2.7% | 2.3% | 2.0% | 3.3% | 4.0% | 4.6% |
| EPS (₹) | 15.06 | 15.40 | 7.45 | 14.43 | 9.20 | 11.43 | 11.84 | 12.17 | 22.35 | 12.93 | 9.13 | 11.33 | 11.09 | 14.45 | 8.49 | 5.60 | 2.99 | 8.61 | 9.07 | 4.24 | 7.32 | 5.44 | 21.80 | -1.70 | 0.30 | 3.17 | 2.68 | 2.58 | 3.46 | 4.71 | 5.58 |
| Net profit YoY | +63.7% | +34.8% | −37.1% | +18.5% | −58.8% | −11.6% | +29.8% | +7.5% | +101.5% | +7.8% | +7.5% | +61.5% | – | +59.5% | −1.4% | −22.6% | +2.6% | +58.3% | −58.4% | +349.6% | +2353.3% | +71.7% | +714.9% | −166.0% | – | −8.3% | −43.2% | −53.8% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 857 | 801 | 753 | 725 | 599 | 637 | 646 |
| Other income | 72.2 | 71.3 | 62.6 | 48.3 | 16.3 | 10 | 8.8 |
| Total expenses | 843 | 778 | 731 | 712 | 593 | 618 | 635 |
| EBITDA | 26.2 | 34.8 | 37.3 | 31.3 | 21.8 | 34.9 | 28.3 |
| EBITDA margin | 3.1% | 4.3% | 5.0% | 4.3% | 3.6% | 5.5% | 4.4% |
| Finance costs | 2.9 | 3.3 | 2.8 | 5.2 | 3.2 | 2.2 | 3.3 |
| Depreciation | 8.8 | 8.3 | 13.1 | 12.8 | 12.6 | 13.7 | 14.4 |
| Profit before tax | 82.6 | 108 | 84.1 | 61.6 | 24.8 | 37.1 | 19.4 |
| Tax | 16.9 | 26.7 | 21.3 | 17 | 6.3 | −9.4 | 7.1 |
| Net profit | 65.7 | 81.7 | 62.8 | 640 | 41.6 | 46.4 | 12.3 |
| Net margin | 7.7% | 10.2% | 8.3% | 88.2% | 6.9% | 7.3% | 1.9% |
| EPS (₹) | 46.48 | 57.79 | 44.47 | 31.61 | 13.10 | 32.87 | 8.72 |
| Net profit YoY | −19.6% | +29.9% | −90.2% | +1438.2% | −10.4% | +277.0% | – |
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 | −21.1 | −4 | −4.9 | −26.1 | 45 |
| Investing cash flow | 51.6 | 20.1 | 28.5 | 33 | −30.5 |
| Financing cash flow | −17.6 | −18.1 | −21.9 | −12.4 | −9.1 |
| Capital expenditure | 5.8 | 12.8 | 10.4 | 11.7 | 6.5 |
| Free cash flow (CFO − capex) | −27 | −16.8 | −15.3 | −37.8 | 38.5 |
Net profit trend
annual, ₹ croreFY21
₹46.4
FY22
₹41.6−10%
FY23
₹640+1438%
FY24
₹62.8−90%
FY25
₹81.7+30%
FY26
₹65.7−20%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 30 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 22 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 17 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 4 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | 23 May 2025 | PDF XBRL |
| Q3 FY25 | Standalone | 24 Jan 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone | 25 Oct 2024 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 2 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 24 May 2024 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 18.0×19.7×
P/B5Y avg 1.63×1.31×
ROEFY26, on average equity6.0%
Net margin7.7%
Debt / equity0.02×
Revenue CAGR (3Y)5.7%
Profit CAGR (3Y)-53.2%
EPS (TTM)₹52.34
Market cap₹1,457 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
1.31×
vs 8-point avg 1.63× (−20%)
0.94× low1.63× avg2.28× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,329 Cr+4%
Net worth₹1,115 Cr+5%
Total borrowings₹24 Cr−1%
Cash & bank balances₹22 Cr+143%
Investments₹9 Cr−23%
Inventories₹109 Cr+0%
Trade receivables₹111 Cr+22%
Trade payables₹91 Cr−15%
Change vs the same date a year earlier.
Revenue mix FY26
Consumer Products28.1%result ₹18.4 Cr
Protective Devices25.3%result ₹−10.5 Cr
Foods17.6%result ₹13.4 Cr
Animal Welfare16.5%result ₹11.9 Cr
Medical Devices12.5%result ₹22.5 Cr
Others0.0%result ₹0.4 Cr
Segment revenue as reported, before inter-segment eliminations.