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 | 393 | 342 | 320 | 279 | 258 | 232 | 219 | 218 | 212 | 178 | 167 | 171 | 155 |
| Other income | 4.4 | 7.1 | 7.8 | 9.5 | 9.3 | 5.3 | 4.2 | 3 | 3.7 | 5.7 | 5.4 | 3.8 | 0.8 |
| Total expenses | 336 | 297 | 271 | 234 | 208 | 189 | 183 | 181 | 172 | 139 | 128 | 136 | 126 |
| EBITDA | 91.7 | 79.9 | 74.2 | 64.5 | 64.5 | 57 | 54.9 | 54.6 | 53.7 | 46.5 | 46.4 | 45.6 | 41.4 |
| EBITDA margin | 23.3% | 23.4% | 23.2% | 23.1% | 25.0% | 24.6% | 25.1% | 25.1% | 25.3% | 26.2% | 27.8% | 26.6% | 26.8% |
| Finance costs | 6.6 | 5.1 | 1 | 0.3 | 0.2 | 1 | 2.1 | 1.6 | 2.9 | 0.4 | 0.2 | 2.9 | 5.9 |
| Depreciation | 28.2 | 30 | 24 | 18.9 | 14.9 | 12.9 | 16.9 | 15.9 | 11.4 | 7.7 | 7.9 | 6.9 | 6.9 |
| Profit before tax | 61.2 | 52 | 57.1 | 54.8 | 58.7 | 48.5 | 40.2 | 40.1 | 43 | 44.1 | 43.8 | 39.6 | 29.4 |
| Tax | 15.8 | 7.3 | 14 | 13.6 | 16.6 | 9.8 | 9.7 | 9.1 | 12.6 | 5.8 | 14.3 | 12 | 10.3 |
| Net profit | 45.4 | 44.7 | 43.1 | 41.3 | 42 | 38.7 | 30.5 | 31 | 30.4 | 38.3 | 29.5 | 27.6 | 19 |
| Net margin | 11.6% | 13.1% | 13.4% | 14.8% | 16.3% | 16.7% | 13.9% | 14.2% | 14.3% | 21.6% | 17.7% | 16.1% | 12.3% |
| EPS (₹) | 4.88 | 4.93 | 4.71 | 4.28 | 4.36 | 4.37 | 3.57 | 3.59 | 3.54 | 4.85 | 3.83 | 3.80 | 2.91 |
| Net profit YoY | +8.0% | +15.4% | +41.3% | +33.3% | +38.4% | +1.0% | +3.4% | +12.1% | +59.6% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 1,207 | 880 | 671 |
| Other income | 25.8 | 16.2 | 15.6 |
| Total expenses | 1,009 | 725 | 529 |
| EBITDA | 292 | 220 | 180 |
| EBITDA margin | 24.2% | 25.0% | 26.8% |
| Finance costs | 6.5 | 7.5 | 9.4 |
| Depreciation | 87.8 | 57.2 | 29.3 |
| Profit before tax | 224 | 172 | 157 |
| Tax | 53.3 | 41.2 | 42.4 |
| Net profit | 170 | 131 | 114 |
| Net margin | 14.1% | 14.8% | 17.1% |
| EPS (₹) | 18.20 | 14.72 | 14.46 |
| Net profit YoY | +30.5% | +14.0% | – |
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 |
|---|---|---|---|
| Operating cash flow | 205 | 150 | −3.1 |
| Investing cash flow | −598 | −420 | −226 |
| Financing cash flow | 254 | 519 | 304 |
| Capital expenditure | 317 | 311 | 93.4 |
| Free cash flow (CFO − capex) | −112 | −161 | −96.4 |
Net profit trend
annual, ₹ croreFY24
₹114
FY25
₹131+14%
FY26
₹170+30%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 10 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 10 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 25 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 25 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 5 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 5 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 13 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 13 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 5 Aug 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 5 Aug 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 33.9×61.9×
P/B5Y avg 4.18×5.98×
ROEFY26, on average equity10.0%
Net margin14.1%
Debt / equity0.14×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹18.11
Market cap₹10,805 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.98×
vs 6-point avg 4.18× (+43%)
2.55× low4.18× avg5.98× high
History points are balance-sheet dates (2023 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,282 Cr+32%
Net worth₹1,807 Cr+13%
Total borrowings₹253 Cr
Cash & bank balances₹221 Cr−39%
Investments₹2 Cr−97%
Inventories₹21 Cr−1%
Trade receivables₹375 Cr+24%
Trade payables₹110 Cr+277%
Change vs the same date a year earlier.