2,505.30
+3.05%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹2.31bn
FY2017FY2026
Net income
₹387.1m
FY2017FY2026
Free cash flow
−₹384.4m
FY2017FY2026
Shareholders' equity
₹4.68bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.31bn | ₹2.46bn | ₹2.28bn | ₹1.73bn | ₹844.4m | ₹1.25bn | ₹1.08bn | ₹1.84bn | ₹1.40bn | ₹1.71bn |
| Research and development | — | ₹40.8m | ₹59.4m | ₹23.4m | ₹23.2m | ₹11.7m | ₹1.6m | ₹31.2m | ₹31.2m | ₹37.8m |
| Operating income | ₹512.1m | ₹661.6m | ₹339.5m | ₹255.6m | ₹16.9m | ₹44.0m | ₹10.0m | ₹309.4m | ₹198.0m | ₹168.4m |
| Net income | ₹387.1m | ₹489.1m | ₹404.1m | ₹195.2m | ₹86.8m | ₹112.8m | ₹94.9m | ₹231.7m | ₹162.7m | ₹250.9m |
| Diluted earnings per share | 67.11 | 84.80 | 70.05 | 33.85 | 15.04 | 19.54 | 16.45 | 40.15 | 28.21 | 43.50 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹5.24bn | ₹4.88bn | ₹4.50bn | ₹3.89bn | ₹3.65bn | ₹3.70bn | ₹3.53bn | ₹3.53bn | ₹3.38bn | ₹3.14bn |
| Cash and short-term investments | ₹145.2m | ₹359.3m | ₹145.3m | ₹26.6m | ₹724.7m | ₹950.2m | ₹148.8m | ₹105.7m | ₹669.0m | ₹721.4m |
| Total liabilities | ₹566.5m | ₹560.4m | ₹642.0m | ₹380.4m | ₹326.2m | ₹423.4m | ₹345.2m | ₹386.8m | ₹434.0m | ₹322.8m |
| Debt | ₹43.5m | ₹1.3m | ₹4.1m | ₹6.4m | ₹4.0m | ₹16.9m | ₹25.2m | ₹16.3m | ₹6.2m | −₹3.6m |
| Shareholders' equity | ₹4.68bn | ₹4.32bn | ₹3.86bn | ₹3.51bn | ₹3.33bn | ₹3.27bn | ₹3.19bn | ₹3.14bn | ₹2.95bn | ₹2.82bn |
| Shares outstanding | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹221.1m | ₹332.8m | ₹115.9m | ₹66.6m | −₹110.1m | ₹26.1m | ₹114.4m | ₹101.1m | ₹98.0m | ₹189.9m |
| Capital spending | −₹605.5m | −₹61.1m | −₹47.0m | −₹28.4m | −₹16.8m | −₹58.6m | −₹97.7m | −₹116.9m | −₹156.9m | −₹37.6m |
| Free cash flow | −₹384.4m | ₹271.7m | ₹68.9m | ₹38.3m | −₹126.9m | −₹32.5m | ₹16.7m | −₹15.8m | −₹59.0m | ₹152.3m |
| Dividends paid | −₹28.8m | −₹28.9m | −₹29.0m | −₹14.6m | −₹28.9m | −₹28.9m | −₹40.3m | −₹28.7m | −₹28.7m | −₹28.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹775.2m | ₹668.8m | ₹630.6m | ₹332.4m | ₹675.7m | ₹642.9m | ₹458.4m | ₹666.3m |
| Operating income | ₹199.0m | ₹107.2m | ₹108.3m | ₹118.0m | ₹105.6m | ₹156.5m | ₹84.5m | ₹193.5m |
| Net income | ₹153.8m | ₹63.6m | ₹125.2m | ₹53.5m | ₹144.8m | ₹148.7m | ₹61.9m | ₹130.6m |
| Diluted earnings per share | 26.66 | 11.03 | 21.70 | 9.28 | 25.11 | 25.79 | 10.73 | 22.64 |
| Cash from operations | — | — | — | ₹60.0m | — | ₹332.0m | — | ₹105.0m |
| Capital spending | — | — | — | −₹57.0m | — | −₹61.0m | — | −₹30.0m |
| Free cash flow | — | — | — | ₹3.0m | — | ₹271.0m | — | ₹75.0m |
| Total assets | — | ₹5.24bn | — | ₹5.00bn | — | ₹4.88bn | — | ₹4.73bn |
| Cash and short-term investments | — | ₹145.2m | ₹205.3m | ₹205.3m | ₹359.3m | ₹360.6m | ₹226.8m | ₹226.8m |
| Debt | — | ₹32.2m | — | ₹16.9m | — | ₹1.3m | — | ₹7.9m |
| Shareholders' equity | — | ₹4.68bn | ₹4.49bn | ₹4.49bn | ₹4.32bn | ₹4.32bn | ₹4.11bn | ₹4.11bn |
Financial ratios
Data as of 6 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 22.2% | 26.8% | 22.4% | 14.8% | 12.2% | 11.9% | — |
| Net margin | 16.8% | 19.8% | 17.8% | 11.3% | 10.3% | 9.0% | — |
| Return on equity | 8.3% | 11.3% | 10.5% | 5.6% | 2.6% | 3.4% | — |
| Return on assets | 7.4% | 10.0% | 9.0% | 5.0% | 2.4% | 3.1% | — |
| Free cash flow yield | 6.0% | 2.9% | 1.2% | 0.7% | -0.7% | 0.6% | — |
| Revenue growth | -6.4% | 8.3% | 31.7% | 104.5% | -32.6% | 16.6% | — |
| Earnings growth | -20.8% | 21.0% | 107.0% | 125.0% | -23.0% | 18.8% | — |
| Current ratio | 4.33x | 4.63x | 3.45x | 4.42x | 7.71x | 6.62x | — |
| Debt to equity | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — |
| Equity ratio | 89.2% | 88.5% | 85.7% | 90.2% | 91.1% | 88.5% | — |
| Interest coverage | 60.26x | 117.48x | 53.95x | 51.01x | 23.87x | 23.88x | — |
| R&D as a share of sales | — | 1.7% | 2.6% | 1.4% | 2.7% | 0.9% | 0.1% |
| Buybacks as a share of market value | -0.0% | 0.0% | -0.0% | 0.0% | 0.0% | -0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.1% | 13.0% | 5.2% |
| Operating income | 26.1% | 63.4% | 10.5% |
| Net income | 25.6% | 28.0% | 8.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 24.6% | 20.2% | 16.8% | 14.8% |
| Net margin | 18.4% | 16.8% | 15.4% | 14.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 35.3 | 18.9 | 29.1 | 47.3 | 26.2 | 17.2 | 20.2 | 7.4 | 14.5 | 12.2 |
| Price to sales | 5.9 | 3.7 | 5.2 | 5.3 | 2.7 | 1.5 | 1.8 | 0.9 | 1.7 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 30 years. Last went ex-dividend on 13 Jun 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 5.00 | 5.00 | 5.00 | 2.50 | 5.00 | 5.00 | 7.00 | 5.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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