113.72
+1.81%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue, before interest expense
₹4.73bn
FY2017FY2026
Net income
₹584.8m
FY2017FY2026
Total assets
₹34.66bn
FY2017FY2026
Shareholders' equity
₹3.00bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ₹4.73bn | ₹4.18bn | ₹3.60bn | ₹2.51bn | ₹2.15bn | ₹1.77bn | ₹1.54bn | ₹1.55bn | ₹1.65bn | ₹1.05bn |
| Research and development | — | — | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Operating income | ₹828.4m | ₹2.13bn | ₹1.59bn | ₹647.4m | ₹392.0m | ₹271.6m | ₹646.4m | ₹682.9m | ₹728.6m | ₹135.2m |
| Net income | ₹584.8m | ₹741.9m | ₹529.7m | ₹339.0m | ₹261.3m | ₹157.8m | ₹119.9m | ₹99.9m | ₹73.0m | ₹72.8m |
| Diluted earnings per share | 10.35 | 13.13 | 9.37 | 6.00 | 4.63 | 2.79 | 2.14 | 1.76 | 1.30 | 1.28 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹34.66bn | ₹24.71bn | ₹21.16bn | ₹13.63bn | ₹12.67bn | ₹8.83bn | ₹5.48bn | ₹6.92bn | ₹5.35bn | ₹2.90bn |
| Cash and short-term investments | ₹21.42bn | ₹16.42bn | ₹8.90bn | ₹5.65bn | ₹4.84bn | ₹236.4m | ₹455.0m | ₹2.41bn | ₹2.31bn | ₹909.0m |
| Total liabilities | ₹31.66bn | ₹22.35bn | ₹19.53bn | ₹12.54bn | ₹11.92bn | ₹8.36bn | ₹5.17bn | ₹6.71bn | ₹4.80bn | ₹2.89bn |
| Debt | ₹21.01bn | ₹31.86bn | ₹13.99bn | ₹16.89bn | ₹7.43bn | ₹3.97bn | ₹2.44bn | ₹4.65bn | ₹2.66bn | ₹759.1m |
| Shareholders' equity | ₹3.00bn | ₹2.36bn | ₹1.63bn | ₹1.09bn | ₹744.3m | ₹478.8m | ₹312.7m | ₹214.8m | ₹547.4m | ₹9.0m |
| Shares outstanding | 56m | 57m | 57m | 57m | 56m | 57m | 56m | 57m | 56m | 57m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ₹1.17bn | ₹1.34bn | ₹1.20bn | ₹1.26bn | ₹995.9m | ₹833.8m | ₹1.01bn | ₹1.13bn |
| Operating income | ₹583.9m | ₹262.2m | ₹217.0m | ₹469.9m | ₹519.8m | ₹457.1m | ₹529.4m | ₹641.6m |
| Net income | ₹111.3m | ₹187.3m | ₹142.2m | ₹101.5m | ₹153.8m | ₹93.3m | ₹218.1m | ₹266.9m |
| Diluted earnings per share | 1.97 | 3.32 | 2.52 | 1.80 | 2.72 | 1.65 | 3.86 | 4.72 |
| Total assets | — | ₹34.66bn | — | ₹25.78bn | — | ₹24.71bn | — | ₹23.82bn |
| Cash and short-term investments | — | ₹11.66bn | — | ₹696.6m | — | ₹16.42bn | — | ₹9.40bn |
| Debt | — | ₹20.75bn | — | ₹17.61bn | — | ₹32.84bn | — | ₹15.30bn |
| Shareholders' equity | ₹3.00bn | ₹3.00bn | ₹2.68bn | ₹2.68bn | ₹2.36bn | ₹2.36bn | ₹2.06bn | ₹2.06bn |
Financial ratios
Data as of 10 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 16.6% | 54.5% | 44.2% | 38.2% | 28.7% | 25.0% | — | — |
| Net margin | 12.4% | 17.8% | 14.7% | 13.5% | 12.2% | 8.9% | — | — |
| Return on equity | 19.5% | 31.4% | 32.6% | 31.1% | 35.1% | 33.0% | — | — |
| Return on assets | 1.7% | 3.0% | 2.5% | 2.5% | 2.1% | 1.8% | — | — |
| Revenue growth | 13.3% | 15.9% | 43.6% | 17.0% | 21.2% | 15.1% | — | — |
| Earnings growth | -21.2% | 40.1% | 56.2% | 29.7% | 65.6% | 31.7% | — | — |
| Current ratio | 1.12x | 1.11x | 0.01x | 44.85x | 1.14x | 1.10x | — | — |
| Debt to equity | 6.93x | 13.42x | 15.80x | 14.51x | 17.15x | 13.54x | — | — |
| Equity ratio | 8.7% | 9.6% | 7.7% | 8.0% | 5.9% | 5.4% | — | — |
| Interest coverage | 0.57x | 1.81x | 1.76x | 1.95x | 2.37x | 2.02x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | -0.0% | -0.1% | 0.4% | -1.1% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 23.5% | 21.7% | 14.7% |
| Operating income | 8.6% | 25.0% | 35.4% |
| Net income | 19.9% | 29.9% | 33.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 33.2% | 34.6% | 30.9% | 31.2% |
| Net margin | 14.9% | 14.6% | 13.8% | 11.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.0 | 10.8 | 28.8 | 17.3 | 12.9 | 22.5 | 21.1 | 20.0 | 43.5 | 68.5 |
| Price to sales | 1.4 | 1.9 | 4.2 | 2.3 | 1.6 | 2.0 | 1.6 | 1.3 | 1.9 | 4.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 5 Sept 2008.
| FY2009 | |
|---|---|
| Paid in the year | 1.00 |
- 10-for-1 split · 11 Jul 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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