Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q3 FY21
| ₹ 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 14.3 | 16.5 | 6.5 | 20.6 | 24.8 | −3.3 | 16.3 | 19.5 | 20.7 | 14.6 | 15 | 13.6 | 10.9 | 5.2 | 8.5 | 11.5 | 4.3 | 7.9 | 5.3 | 7.3 | 10.6 | 4.7 | 6.5 |
| Other income | 4.7 | 2.1 | 0.3 | 0.2 | 0.1 | 1 | 1 | 4 | 0.9 | 5.9 | 1.4 | 2.6 | 3 | −0.6 | 0.1 | 0.6 | −0.1 | 0.7 | 0.7 | 0.3 | 0.5 | 0.2 | 0.2 |
| Total expenses | 5.2 | 4.9 | 5.6 | 5.5 | 3.4 | 3.1 | 3.5 | 4.1 | 2.8 | 2.6 | 2.9 | 3.4 | 2.7 | 2.7 | 3.1 | 3.2 | 1.8 | 2.7 | 2.2 | 2.2 | 1.5 | 2 | 1.7 |
| EBITDA | 9.3 | 11.7 | 1 | 15.2 | 21.5 | −6.2 | 12.9 | 15.6 | 18 | 12.1 | 12.2 | 10.3 | 8.3 | 2.8 | 5.5 | 8.4 | 2.6 | 5.4 | 3.2 | 5.2 | 9.2 | 2.7 | 4.8 |
| EBITDA margin | 64.9% | 71.2% | 15.4% | 73.7% | 86.6% | 190.9% | 79.3% | 79.7% | 86.9% | 83.1% | 81.2% | 76.0% | 76.3% | 52.9% | 65.3% | 73.1% | 60.1% | 67.9% | 60.7% | 71.1% | 86.3% | 57.7% | 75.0% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0.1 | 0.1 |
| Profit before tax | 13.7 | 13.8 | 1.2 | 15.3 | 21.5 | −5.4 | 12.2 | 19.5 | 18.8 | 17.9 | 13.4 | 12.8 | 11.3 | 1.9 | 5.5 | 8.9 | 2.4 | 5.9 | 3.8 | 5.4 | 9.6 | 2.8 | 4.9 |
| Tax | 3.3 | 3.3 | 0.4 | 4.2 | 5.5 | −1.1 | 3 | 4.3 | 4.8 | 4 | 3.3 | 2.6 | 2.8 | 0.7 | 1.4 | 2.2 | 0.6 | 1.2 | 1 | 1.4 | 2.4 | 5.3 | 0 |
| Net profit | 10.4 | 10.5 | 0.8 | 11.1 | 16 | −4.3 | 9.3 | 15.2 | 14 | 13.9 | 10.1 | 10.3 | 8.5 | 1.5 | 4.1 | 6.7 | 1.8 | 4.9 | 2.8 | 4 | 7.2 | −2.4 | 4.9 |
| Net margin | 72.8% | 63.5% | 11.8% | 53.8% | 64.3% | 131.6% | 57.0% | 77.7% | 67.9% | 95.1% | 67.4% | 75.5% | 77.5% | 28.4% | 48.4% | 58.0% | 41.4% | 61.6% | 52.5% | 55.2% | 67.9% | -52.6% | 76.4% |
| EPS (₹) | 9.69 | 9.87 | 1.05 | 10.39 | 14.98 | -4.03 | 8.70 | 14.23 | 13.15 | 13.02 | 9.48 | 9.63 | 7.93 | 1.20 | 3.84 | 6.27 | 1.65 | 5.23 | 2.65 | 3.80 | 6.76 | -2.38 | 4.63 |
| Net profit YoY | −34.7% | +344.2% | −91.7% | −27.0% | +13.9% | −131.0% | −8.2% | +47.8% | +65.6% | +832.6% | +146.6% | +53.2% | +381.3% | −69.4% | +46.4% | +65.3% | −75.6% | +298.4% | −43.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue from operations | 68.4 | 53.2 | 54.3 | 29.5 | 31.2 | 23.7 |
| Other income | 2.7 | 6.9 | 12.6 | −0.1 | 2.2 | 1 |
| Total expenses | 19.4 | 13.4 | 11.5 | 10.8 | 8.6 | 6.6 |
| EBITDA | 49.4 | 40.2 | 43.2 | 19.3 | 23 | 17.5 |
| EBITDA margin | 72.2% | 75.6% | 79.5% | 65.4% | 73.7% | 73.6% |
| Finance costs | 0 | 0.1 | 0 | 0.1 | 0.1 | 0.1 |
| Depreciation | 0.4 | 0.4 | 0.4 | 0.5 | 0.3 | 0.2 |
| Profit before tax | 51.7 | 45.1 | 55.4 | 18.7 | 24.7 | 18.2 |
| Tax | 13.4 | 11 | 12.7 | 4.8 | 5.9 | 5.3 |
| Net profit | 38.3 | 34.1 | 42.7 | 14.2 | 18.9 | 13 |
| Net margin | 56.0% | 64.2% | 78.6% | 48.0% | 60.7% | 54.6% |
| EPS (₹) | 36.29 | 32.05 | 40.06 | 12.98 | 17.69 | 15.10 |
| Net profit YoY | +12.1% | −20.0% | +201.6% | −25.2% | +46.1% | – |
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 | 75.4 | 10.4 | 15.5 | 20.4 | 18.9 |
| Investing cash flow | −79 | 8.5 | −9.6 | −18.9 | −15.6 |
| Financing cash flow | 2.1 | −21 | −3.7 | −4.3 | 0.6 |
| Capital expenditure | 2 | 0.3 | 0.3 | 0.2 | 1.1 |
| Free cash flow (CFO − capex) | 73.4 | 10.1 | 15.2 | 20.3 | 17.8 |
Net profit trend
annual, ₹ croreFY21
₹13
FY22
₹18.9+46%
FY23
₹14.2−25%
FY24
₹42.7+202%
FY25
₹34.1−20%
FY26
₹38.3+12%
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 |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 4 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 4 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 21.8×27.2×
P/B5Y avg 5.99×5.91×
ROEFY26, on average equity27.4%
Net margin56.0%
Debt / equity0.00×
Revenue CAGR (3Y)32.4%
Profit CAGR (3Y)39.3%
EPS (TTM)₹30.73
Market cap₹890 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.91×
vs 8-point avg 5.99× (−1%)
3.63× low5.99× avg9.49× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹180 Cr+32%
Net worth₹150 Cr+17%
Total borrowings₹0 Cr
Cash & bank balances₹1 Cr−52%
Investments₹105 Cr+239%
Inventories₹27 Cr−62%
Trade receivables₹8 Cr+37%
Trade payables₹0 Cr−69%
Change vs the same date a year earlier.