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Quarterly results

consolidated · 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	Q4 FY18
Revenue from operations	10.8	0.3	5.8	2.8	3.4	2.2	6.6	7.4	6.6	0.1	7.7	30.3	5.9	−5.4	4.5	2.1	4.7	6	10.1	14.2	2.8	8.3	−2.7	8.1	6.1	−0.7	9.1	0
Other income	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.4	1.2	0.4	0.5	0.4	0.5	0.5	0.5	0.5	0.9	0.3	0.3	0.3	0.2	0.3	0.4	0.3	0.3	0.4	0
Total expenses	0.8	0.9	0.5	0.4	0.3	1	1.4	2.5	1.3	2.7	0.4	0.7	0.5	1.7	0.8	0.7	1.3	0.9	1.4	0.4	0.4	1.3	0.3	0.4	0.2	3.7	0.6	0
EBITDA	10.1	−0.5	5.3	2.4	3.1	1.2	5.2	4.9	5.3	−2.7	7.3	29.5	5.4	−7.1	3.7	1.4	3.5	5.1	8.7	13.8	2.3	7	−3	7.6	5.9	−4.3	8.5	0
EBITDA margin	93.1%	-157.6%	91.1%	86.9%	90.6%	55.5%	78.7%	65.9%	80.6%	-3785.7%	94.8%	97.6%	92.0%	130.6%	82.6%	67.8%	73.6%	85.5%	86.6%	97.1%	84.2%	84.6%	112.0%	94.7%	96.2%	656.1%	93.1%	–
Finance costs	0	0.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	10.6	−0.1	5.7	2.9	3.5	1.7	5.6	5.4	5.8	−30.6	7.7	30	5.9	−6.6	4.2	1.9	3.9	6.1	9	14.1	2.7	7.2	−2.7	8	6.2	−4	8.8	0
Tax	2.3	−0.2	1.2	11.4	0.9	0.4	0.6	12.7	1.3	0.2	0.9	6.9	1.4	−2.2	0.1	−1.9	0.5	2.3	18.3	9.6	0.2	1.2	−0.1	1.1	1.5	−2.2	2.2	0
Net profit	98.1	53.6	53.7	46.1	62.6	69.7	65.8	49.4	73.1	25.6	53.6	61.9	43.8	40.8	33.1	60.5	94	93.7	109	137	89.3	6.1	44	22.9	−12.4	36.1	60	0
Net margin	905.6%	16248.5%	932.5%	1677.1%	1835.2%	3169.5%	1000.9%	667.3%	1108.0%	36542.9%	693.4%	204.6%	742.2%	-751.6%	738.8%	2867.8%	1987.7%	1559.7%	1079.8%	964.3%	3212.6%	72.8%	-1631.2%	284.7%	-202.7%	-5469.7%	657.8%	–
EPS (₹)	307.27	167.97	168.28	144.50	196.08	218.51	206.02	154.73	229.14	80.15	167.97	194.03	137.17	127.89	103.68	189.60	294.58	293.74	340.67	430.22	279.78	235.08	137.90	71.81	-38.92	113.11	187.97	0.00
Net profit YoY	+56.7%	−23.1%	−18.3%	−6.6%	−14.4%	+172.6%	+22.7%	−20.3%	+67.0%	−37.3%	+61.9%	+2.3%	−53.4%	−56.5%	−69.6%	−55.9%	+5.3%	+1449.4%	+147.1%	+499.1%	+819.0%	−83.2%	−26.6%	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY18
Revenue from operations	12.3	22.8	14.9	5.9	33.1	19.8	12.4	41.7
Other income	1.9	1.9	2.5	1.9	1.9	1.3	1.4	1.4
Total expenses	2.1	6.2	4.4	4.4	3.1	2.3	6	6.2
EBITDA	10.2	16.6	10.6	1.5	30	17.5	6.5	35.5
EBITDA margin	83.3%	72.9%	70.9%	25.8%	90.8%	88.5%	51.9%	85.2%
Finance costs	0.1	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	12	18.4	13	3.4	31.9	18.8	7.8	36.9
Tax	13.2	15	9.4	−3.5	30.4	3.7	1.3	3.3
Net profit	216	258	185	228	429	15.1	160	189
Net margin	1763.3%	1133.1%	1240.7%	3878.3%	1296.7%	76.1%	1283.9%	452.9%
EPS (₹)	676.83	808.40	579.28	715.75	1,344.46	405.80	500.43	591.53
Net profit YoY	−16.3%	+39.6%	−19.1%	−46.8%	+2751.1%	−90.6%	–	–

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	−5.8	−5.5	−2.9	1.3	−3.6
Investing cash flow	7.3	4.8	4.4	2.1	−68.6
Financing cash flow	−1.6	−1.6	−1.6	−1.6	−1.6
Capital expenditure	0	0	0	0	0
Free cash flow (CFO − capex)	−5.8	−5.5	−2.9	1.3	−3.6

Net profit trend

annual, ₹ crore

FY21

₹15.1

FY22

₹429+2751%

FY23

₹228−47%

FY24

₹185−19%

FY25

₹258+40%

FY26

₹216−16%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	6 Aug 2026	PDF on NSE XBRL
Q1 FY27	Consolidated	–	PDF on NSE XBRL
Q1 FY27	Standalone	–	PDF on NSE XBRL
Q1 FY27	Standalone	6 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated	23 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone	23 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	10 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	10 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	10 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	10 Nov 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY262.02 MB FY253.69 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 3.9×4.3×

P/B5Y avg 0.31×0.28×

ROEFY26, on average equity5.9%

Net margin1763.3%

Debt / equity0.00×

Revenue CAGR (3Y)27.6%

Profit CAGR (3Y)-1.8%

EPS (TTM)₹788.50

Market cap₹1,071 Cr

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

P/B vs history

0.28×

vs 10-point avg 0.31× (−7%)

0.25× low0.31× avg0.38× high

History points are balance-sheet dates (2021 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹3,769 Cr+6%

Net worth₹3,766 Cr+6%

Total borrowings₹0 Cr

Cash & bank balances₹0 Cr−14%

Investments₹3,758 Cr+7%

Inventories₹0 Cr

Trade receivables₹0 Cr

Change vs the same date a year earlier.

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	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90	74.90
FII	0.05	0.05	0.05	0.05	0.06	0.07	0.07	0.06	0.06	0.03	0.03	0.03
DII	0.07	0.07	0.07	0.06	0.06	0.06	0.06	0.13	0.53	0.56	0.97	0.96
of which MF	0.06	0.06	0.06	0.06	0.06	–	–	–	–	–	–	–
Retail	19.83	19.88	19.82	19.91	19.94	19.95	20.71	20.91	20.59	20.62	20.23	20.30
Other public	5.15	5.10	5.16	5.08	5.04	5.02	4.26	4.00	3.92	3.89	3.87	3.81

10,446 shareholders · NSE shareholding pattern filings.