E 
171.71
+0.03%
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.
Revenue
₹11.46bn
FY2021FY2026
Net income
₹1.83bn
FY2021FY2026
Free cash flow
−₹2.51bn
FY2021FY2026
Shareholders' equity
₹12.33bn
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | ₹11.46bn | ₹10.55bn | ₹7.29bn | ₹3.38bn | ₹2.24bn | ₹1.24bn |
| Gross profit | ₹2.91bn | ₹3.29bn | ₹2.13bn | ₹1.11bn | ₹675.9m | ₹248.9m |
| Operating income | ₹2.52bn | ₹2.47bn | ₹1.62bn | ₹795.6m | ₹483.2m | ₹134.0m |
| Net income | ₹1.83bn | ₹1.76bn | ₹1.08bn | ₹549.8m | ₹345.5m | ₹86.1m |
| Diluted earnings per share | 10.42 | 10.03 | 7.65 | 3.13 | 1.97 | 0.49 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | ₹20.42bn | ₹14.98bn | ₹7.61bn | ₹3.48bn | ₹1.48bn | — |
| Cash and short-term investments | ₹4.01bn | ₹4.44bn | ₹115.5m | ₹93.2m | ₹4.4m | — |
| Total liabilities | ₹8.05bn | ₹5.05bn | ₹4.71bn | ₹2.21bn | ₹766.3m | — |
| Debt | ₹4.22bn | ₹2.34bn | ₹2.34bn | ₹645.4m | ₹181.1m | — |
| Shareholders' equity | ₹12.33bn | ₹9.95bn | ₹2.92bn | ₹1.27bn | ₹716.2m | — |
| Shares outstanding | 176m | 176m | 142m | 176m | 176m | 176m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | −₹690.8m | −₹466.0m | −₹1.02bn | ₹1.01bn | ₹416.0m | ₹51.0m |
| Capital spending | −₹1.82bn | −₹466.3m | −₹334.1m | −₹107.6m | −₹40.2m | −₹13.8m |
| Free cash flow | −₹2.51bn | −₹932.2m | −₹1.36bn | ₹903.3m | ₹375.8m | ₹37.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.59bn | ₹4.27bn | ₹2.50bn | ₹2.27bn | ₹2.41bn | ₹3.89bn | ₹2.47bn | ₹2.13bn |
| Gross profit | ₹782.9m | ₹839.8m | ₹945.0m | ₹696.8m | ₹860.2m | ₹1.19bn | ₹701.1m | ₹1.25bn |
| Operating income | ₹669.8m | ₹713.1m | ₹597.6m | ₹599.7m | ₹609.7m | ₹933.6m | ₹514.2m | ₹533.9m |
| Net income | ₹398.3m | ₹520.3m | ₹404.1m | ₹487.2m | ₹419.0m | ₹732.4m | ₹367.0m | ₹355.8m |
| Diluted earnings per share | 2.27 | 2.96 | 2.30 | 2.77 | 2.38 | 4.17 | 2.59 | 2.60 |
| Cash from operations | — | — | — | −₹1.05bn | — | ₹722.0m | — | — |
| Capital spending | — | — | — | −₹96.0m | — | −₹357.0m | — | — |
| Free cash flow | — | — | — | −₹1.15bn | — | ₹365.0m | — | — |
| Total assets | — | ₹20.42bn | — | ₹15.75bn | — | ₹14.98bn | — | ₹9.48bn |
| Cash and short-term investments | — | ₹4.01bn | — | ₹4.25bn | — | ₹4.44bn | — | ₹5.30bn |
| Debt | — | ₹4.22bn | — | ₹1.63bn | — | ₹2.34bn | — | ₹972.7m |
| Shareholders' equity | — | ₹12.33bn | — | ₹11.38bn | — | ₹9.95bn | — | ₹3.59bn |
Financial ratios
Data as of 23 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 25.4% | 31.2% | 29.2% | 32.9% | 30.2% | 20.1% |
| Operating margin | 22.0% | 23.5% | 22.2% | 23.5% | 21.6% | 10.8% |
| Net margin | 16.0% | 16.7% | 14.9% | 16.3% | 15.5% | 6.9% |
| Return on equity | 14.8% | 17.7% | 37.1% | 43.5% | 48.2% | — |
| Return on assets | 9.0% | 11.8% | 14.2% | 15.8% | 23.3% | — |
| Free cash flow yield | 3.2% | 0.0% | -2.4% | 3.1% | — | — |
| Revenue growth | 8.6% | 44.7% | 115.6% | 51.3% | 80.1% | — |
| Earnings growth | 3.8% | 62.6% | 97.2% | 59.1% | 301.1% | — |
| Current ratio | 2.56x | 3.07x | 1.54x | 1.45x | 1.67x | — |
| Debt to equity | 0.34x | 0.24x | 0.80x | 0.51x | 0.25x | — |
| Equity ratio | 60.4% | 66.4% | 38.4% | 36.4% | 48.3% | — |
| Interest coverage | 7.00x | 8.37x | 9.44x | 14.05x | 19.28x | 5.72x |
| Buybacks as a share of market value | 0.1% | -24.0% | 19.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 48.7% | 55.2% | — |
| Operating income | 46.9% | 79.8% | — |
| Net income | 49.3% | 84.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.2% | 28.9% | 28.7% | — |
| Operating margin | 22.7% | 22.7% | 22.2% | — |
| Net margin | 16.3% | 16.0% | 15.7% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | 17.3 | 20.5 | 40.8 |
| Price to sales | 2.9 | 3.5 | 6.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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