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 | 736 | 655 | 671 | 642 | 658 | 603 | 654 | 618 | 616 | 562 | 600 | 615 | 615 |
| Other income | 6.6 | 6.5 | 7.4 | 10.7 | 6.8 | 10 | 2.9 | 6.5 | 5.1 | 5.2 | 4.7 | 3.3 | 5.3 |
| Total expenses | 741 | 663 | 666 | 668 | 663 | 612 | 650 | 624 | 617 | 566 | 582 | 588 | 579 |
| EBITDA | 92.9 | 86.9 | 97.5 | 67.1 | 85.3 | 77 | 88.1 | 76 | 78.6 | 74.9 | 92 | 98.2 | 104 |
| EBITDA margin | 12.6% | 13.3% | 14.5% | 10.5% | 13.0% | 12.8% | 13.5% | 12.3% | 12.8% | 13.3% | 15.3% | 16.0% | 16.9% |
| Finance costs | 38.8 | 36.8 | 37 | 36.3 | 35.4 | 32.8 | 32.9 | 31.6 | 29.8 | 28.2 | 28.1 | 27.4 | 26 |
| Depreciation | 60 | 57.5 | 56.2 | 57.4 | 55 | 52.8 | 51.7 | 50.2 | 49.4 | 49.9 | 45.5 | 43.9 | 42.8 |
| Profit before tax | 0.8 | −1 | 2 | 37 | 1.7 | 1.3 | 6.5 | 0.7 | 4.5 | 2 | 23.1 | 30.2 | 40.6 |
| Tax | 0.2 | −3.3 | 1 | 9.2 | 0.4 | −0.2 | −0.5 | 0.3 | 1.3 | 1.2 | 5.9 | 7.8 | 11.8 |
| Net profit | 0.6 | 2.4 | 1 | 27.7 | 1.2 | 1.5 | 7 | 0.4 | 3.3 | 0.8 | 17.2 | 22.4 | 28.8 |
| Net margin | 0.1% | 0.4% | 0.2% | 4.3% | 0.2% | 0.3% | 1.1% | 0.1% | 0.5% | 0.1% | 2.9% | 3.6% | 4.7% |
| EPS (₹) | 0.04 | 0.15 | 0.07 | 1.78 | 0.08 | 0.10 | 0.45 | 0.02 | 0.21 | 0.05 | 1.10 | 1.41 | 1.85 |
| Net profit YoY | −52.2% | +56.0% | −85.5% | +7644.4% | −62.3% | +99.4% | −59.3% | −98.4% | −88.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 2,626 | 2,491 | 2,392 |
| Other income | 31.4 | 24.5 | 18.5 |
| Total expenses | 2,660 | 2,503 | 2,314 |
| EBITDA | 337 | 320 | 369 |
| EBITDA margin | 12.8% | 12.8% | 15.4% |
| Finance costs | 145 | 127 | 110 |
| Depreciation | 226 | 204 | 182 |
| Profit before tax | 39.7 | 13 | 95.8 |
| Tax | 7.3 | 0.9 | 26.6 |
| Net profit | 32.3 | 12.1 | 69.2 |
| Net margin | 1.2% | 0.5% | 2.9% |
| EPS (₹) | 2.07 | 0.78 | 4.44 |
| Net profit YoY | +166.2% | −82.4% | – |
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 | 352 | 345 | 340 |
| Investing cash flow | −202 | −221 | −185 |
| Financing cash flow | −192 | −79.4 | −149 |
| Capital expenditure | 236 | 218 | 217 |
| Free cash flow (CFO − capex) | 115 | 127 | 123 |
Net profit trend
annual, ₹ croreFY24
₹69.2
FY25
₹12.1−82%
FY26
₹32.3+166%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 30 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 30 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 7 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 7 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | 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 | Consolidated | 3 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 3 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 437.3×284.5×
P/B5Y avg 19.90×14.56×
ROEFY26, on average equity5.3%
Net margin1.2%
Debt / equity0.48×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹2.03
Market cap₹9,015 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
14.56×
vs 6-point avg 19.90× (−27%)
12.12× low19.90× avg25.88× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,830 Cr+9%
Net worth₹619 Cr+3%
Total borrowings₹300 Cr−3%
Cash & bank balances₹17 Cr−72%
Investments₹120 Cr−25%
Inventories₹70 Cr−13%
Trade receivables₹17 Cr−9%
Change vs the same date a year earlier.