543.55
-1.85%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹9.47bn
FY2020FY2026
Net income
₹2.48bn
FY2020FY2026
Free cash flow
—
FY2020FY2026
Shareholders' equity
₹13.60bn
FY2020FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | ₹9.47bn | ₹10.30bn | ₹7.10bn | ₹7.18bn | ₹6.77bn | ₹4.94bn | ₹5.38bn |
| Research and development | — | ₹15.5m | ₹10.2m | — | — | — | — |
| Operating income | ₹2.76bn | ₹3.60bn | ₹3.37bn | ₹2.18bn | ₹2.47bn | ₹1.85bn | ₹2.01bn |
| Net income | ₹2.48bn | ₹3.05bn | ₹1.64bn | ₹1.60bn | ₹1.82bn | ₹1.38bn | ₹1.45bn |
| Diluted earnings per share | 14.29 | 17.59 | 9.45 | 9.23 | 10.47 | 7.98 | 8.35 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Total assets | ₹16.41bn | ₹14.18bn | ₹10.59bn | ₹8.62bn | ₹7.13bn | ₹5.36bn | ₹3.75bn |
| Cash and short-term investments | ₹3.76bn | ₹3.06bn | ₹3.09bn | ₹2.55bn | ₹1.81bn | ₹979.7m | ₹355.1m |
| Total liabilities | ₹2.81bn | ₹2.84bn | ₹2.14bn | ₹1.81bn | ₹1.92bn | ₹1.96bn | ₹1.73bn |
| Debt | ₹421.8m | ₹199.9m | ₹16.1m | ₹68.3m | ₹228.4m | ₹516.1m | ₹775.6m |
| Shareholders' equity | ₹13.60bn | ₹11.33bn | ₹8.45bn | ₹6.81bn | ₹5.22bn | ₹3.40bn | ₹2.01bn |
| Shares outstanding | 173m | 173m | 173m | 173m | 173m | 173m | 173m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | ₹3.38bn | ₹457.6m | ₹2.41bn | ₹1.42bn | ₹1.46bn | ₹1.30bn | ₹1.23bn |
| Capital spending | −₹3.38bn | −₹798.8m | −₹1.74bn | −₹592.7m | −₹229.2m | −₹491.5m | −₹160.1m |
| Free cash flow | — | −₹341.1m | ₹669.6m | ₹822.8m | ₹1.23bn | ₹807.7m | ₹1.07bn |
| Dividends paid | −₹208.2m | −₹173.5m | −₹20,000 | −₹20,000 | −₹20,000 | −₹20,000 | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.93bn | ₹2.35bn | ₹1.92bn | ₹1.65bn | ₹3.55bn | ₹3.40bn | ₹3.18bn | ₹2.08bn |
| Operating income | ₹913.7m | ₹648.1m | ₹409.1m | ₹490.8m | ₹1.15bn | ₹1.35bn | ₹1.19bn | ₹648.7m |
| Net income | ₹782.6m | ₹643.4m | ₹401.7m | ₹521.4m | ₹911.7m | ₹1.10bn | ₹989.8m | ₹583.5m |
| Diluted earnings per share | 4.51 | 3.71 | 2.32 | 3.01 | 5.26 | 6.35 | 5.71 | 3.37 |
| Cash from operations | — | — | — | ₹2.07bn | — | — | — | — |
| Capital spending | — | — | — | −₹1.25bn | — | — | — | — |
| Free cash flow | — | — | — | ₹817.0m | — | — | — | — |
| Total assets | — | ₹16.41bn | — | ₹15.27bn | — | ₹14.18bn | — | ₹11.81bn |
| Cash and short-term investments | ₹3.23bn | ₹3.76bn | ₹4.11bn | ₹4.11bn | ₹3.06bn | ₹3.06bn | ₹3.64bn | ₹3.74bn |
| Debt | — | ₹46.0m | — | ₹33.3m | — | ₹84.2m | — | ₹10.8m |
| Shareholders' equity | ₹13.60bn | ₹13.60bn | ₹12.56bn | ₹12.56bn | ₹11.33bn | ₹11.33bn | ₹9.24bn | ₹9.24bn |
Financial ratios
Data as of 15 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 29.2% | 34.9% | 47.5% | 30.3% | 36.4% | 37.5% |
| Net margin | 26.2% | 29.6% | 23.1% | 22.3% | 26.8% | 28.0% |
| Return on equity | 18.2% | 26.9% | 19.4% | 23.5% | 34.8% | 40.7% |
| Return on assets | 15.1% | 21.5% | 15.5% | 18.6% | 25.5% | 25.8% |
| Free cash flow yield | 7.1% | 1.3% | 4.4% | 2.1% | 1.8% | — |
| Revenue growth | -8.0% | 45.0% | -1.1% | 6.2% | 36.9% | -8.2% |
| Earnings growth | -18.8% | 86.4% | 2.3% | -11.9% | 31.2% | -4.4% |
| Current ratio | 4.21x | 3.93x | 3.43x | 3.82x | 3.14x | 2.39x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.01x | 0.02x | 0.15x |
| Equity ratio | 82.9% | 79.9% | 79.8% | 79.1% | 73.1% | 63.4% |
| Interest coverage | 44.29x | 3672.87x | 2094.55x | 160.39x | 74.71x | 34.89x |
| R&D as a share of sales | — | 0.2% | 0.1% | — | — | — |
| Buybacks as a share of market value | 0.0% | -0.1% | 0.1% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.7% | 13.9% | — |
| Operating income | 8.2% | 8.3% | — |
| Net income | 15.7% | 12.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 32.2% | 35.0% | 35.5% | — |
| Net margin | 28.0% | 25.7% | 26.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Price to earnings | 37.7 | 30.1 | 59.8 | 39.9 |
| Price to sales | 9.9 | 8.9 | 13.8 | 8.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 11 Sept 2026.
| FY2027 | FY2026 | FY2025 | |
|---|---|---|---|
| Paid in the year | 1.20 | 1.20 | 2.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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