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Industrials · NSE · 🇮🇳 India

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+0.29%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹19.87bn

FY2017FY2026

Net income

₹1.94bn

FY2017FY2026

Free cash flow

₹2.89bn

FY2017FY2026

Shareholders' equity

₹15.44bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹19.87bn₹17.23bn₹15.50bn₹14.59bn₹12.01bn₹11.49bn₹12.03bn₹11.33bn₹9.10bn₹8.67bn
Research and development₹522.8m₹568.7m₹327.6m₹535.2m₹217.3m₹167.6m₹109.5m₹54.1m₹21.5m—
Operating income₹2.88bn₹1.97bn₹5.08bn₹5.19bn₹1.96bn₹1.14bn₹880.7m₹1.21bn₹870.7m₹962.5m
Net income₹1.94bn₹2.05bn₹1.98bn₹1.89bn₹1.57bn₹797.5m₹637.4m₹745.1m₹640.9m₹901.3m
Diluted earnings per share32.8634.6933.5532.0526.7113.5210.8212.6610.6315.18

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹23.55bn₹20.56bn₹14.63bn₹12.81bn₹11.10bn₹9.08bn₹10.20bn₹8.67bn₹7.60bn₹7.15bn
Cash and short-term investments₹5.64bn₹3.65bn₹4.58bn₹3.91bn₹4.26bn₹3.27bn₹2.23bn₹1.22bn₹1.05bn₹1.18bn
Total liabilities₹8.19bn₹7.00bn₹2.43bn₹2.41bn₹2.56bn₹1.93bn₹3.04bn₹1.87bn₹1.77bn₹1.58bn
Debt₹2.21bn₹1.90bn₹173.8m₹212.6m₹630.2m₹200.7m₹1.18bn₹358.8m₹658.0m₹550.4m
Shareholders' equity₹15.44bn₹13.65bn₹12.29bn₹10.48bn₹8.57bn₹7.16bn₹6.94bn₹6.40bn₹5.46bn₹5.31bn
Shares outstanding59m59m59m59m59m59m59m59m60m59m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹3.29bn₹2.24bn₹1.84bn₹1.31bn₹1.82bn₹1.02bn₹834.8m₹896.1m₹550.5m₹831.0m
Capital spending−₹395.7m−₹359.1m−₹163.1m−₹398.9m−₹243.9m−₹164.2m−₹210.1m−₹265.1m−₹504.9m−₹293.9m
Free cash flow₹2.89bn₹1.88bn₹1.68bn₹908.2m₹1.58bn₹853.6m₹624.7m₹631.0m₹45.6m₹537.2m
Dividends paid−₹295.5m−₹295.1m−₹298.0m−₹73.7m−₹147.4m−₹147.4m−₹68.9m−₹24.6m−₹73.7m−₹17.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹5.14bn₹5.19bn₹5.10bn₹4.90bn₹4.68bn₹4.97bn₹4.25bn₹4.07bn
Operating income₹784.1m₹879.8m₹742.4m₹689.2m₹687.8m₹615.5m₹902.6m₹531.1m
Net income₹723.2m₹442.1m₹363.8m₹632.4m₹503.8m₹448.6m₹743.1m₹423.6m
Diluted earnings per share12.247.486.1610.708.527.5912.587.17
Cash from operations———₹1.18bn—₹2.49bn—₹948.0m
Capital spending———−₹96.0m—−₹359.0m—−₹127.0m
Free cash flow———₹1.08bn—₹2.13bn—₹821.0m
Total assets—₹23.55bn—₹21.54bn—₹20.56bn—₹16.00bn
Cash and short-term investments₹5.64bn₹5.64bn₹4.56bn₹4.56bn₹3.65bn₹3.65bn₹3.93bn₹3.93bn
Debt—₹1.74bn—₹1.86bn—₹1.90bn—₹369.6m
Shareholders' equity₹15.36bn₹15.44bn₹14.46bn₹14.54bn₹13.56bn₹13.65bn₹12.83bn₹12.91bn

Financial ratios

Data as of 19 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin14.5%11.4%32.8%35.6%16.3%9.9%
Net margin9.8%11.9%12.8%12.9%13.1%6.9%
Return on equity12.6%15.0%16.1%18.0%18.4%11.1%
Return on assets8.2%10.0%13.5%14.7%14.2%8.8%
Free cash flow yield8.1%5.7%4.4%3.8%4.6%2.6%
Revenue growth15.3%11.2%6.2%21.5%4.5%-4.5%
Earnings growth-5.3%3.4%4.9%20.0%97.5%25.1%
Current ratio1.99x3.08x4.90x4.80x3.81x4.17x
Debt to equity0.11x0.13x0.01x0.00x0.07x0.01x
Equity ratio65.6%66.4%84.0%81.8%77.2%78.8%
Interest coverage15.39x19.85x239.44x120.41x47.51x24.21x
R&D as a share of sales2.6%3.3%2.1%3.7%1.8%1.5%
Buybacks as a share of market value0.0%-0.1%-0.2%0.0%0.0%-0.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.8%11.6%9.3%
Operating income-17.9%20.4%19.3%
Net income0.9%19.5%15.8%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin13.1%22.5%20.1%16.2%
Net margin10.8%11.7%11.3%9.7%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings22.923.319.022.610.422.610.75.810.09.7
Price to sales2.22.82.42.91.41.60.60.40.71.0

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 11 Sept 2025.

FY2026FY2025FY2024FY2023FY2022FY2020FY2019FY2018
Paid in the year5.005.003.751.252.501.000.251.25

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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