G
226.18
+0.79%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹240.77bn
FY2017FY2026
Net income
₹3.69bn
FY2017FY2026
Free cash flow
₹2.46bn
FY2017FY2026
Shareholders' equity
₹14.23bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹240.77bn | ₹195.51bn | ₹138.54bn | ₹107.40bn | ₹103.91bn | ₹83.87bn | ₹55.87bn | ₹45.46bn | ₹50.60bn | ₹43.04bn |
| Gross profit | ₹10.58bn | ₹9.35bn | ₹5.62bn | ₹5.65bn | ₹4.69bn | ₹3.38bn | ₹2.87bn | ₹2.92bn | ₹2.61bn | ₹2.46bn |
| Operating income | ₹6.20bn | ₹8.75bn | ₹5.12bn | ₹2.74bn | ₹1.96bn | ₹1.75bn | ₹923.2m | ₹1.13bn | ₹668.5m | ₹789.1m |
| Net income | ₹3.69bn | ₹2.46bn | ₹1.36bn | ₹1.32bn | ₹1.23bn | ₹446.9m | ₹191.9m | ₹108.8m | ₹154.6m | ₹206.8m |
| Diluted earnings per share | 12.50 | 8.32 | 9.19 | 8.97 | 8.54 | 3.10 | 1.44 | 0.82 | 1.17 | 0.70 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹49.28bn | ₹40.80bn | ₹32.07bn | ₹21.21bn | ₹17.17bn | ₹15.54bn | ₹14.59bn | ₹13.01bn | ₹13.05bn | ₹13.00bn |
| Cash and short-term investments | ₹6.80bn | ₹4.06bn | ₹1.50bn | ₹839.9m | ₹1.18bn | ₹577.1m | ₹565.9m | ₹286.3m | ₹238.1m | ₹2.42bn |
| Total liabilities | ₹35.06bn | ₹30.44bn | ₹24.21bn | ₹14.70bn | ₹12.47bn | ₹12.08bn | ₹11.59bn | ₹10.66bn | ₹10.84bn | ₹10.94bn |
| Debt | ₹5.89bn | ₹5.44bn | ₹6.04bn | ₹4.84bn | ₹3.05bn | ₹2.01bn | ₹2.74bn | ₹3.11bn | ₹3.45bn | ₹2.84bn |
| Shareholders' equity | ₹14.23bn | ₹10.36bn | ₹7.86bn | ₹6.51bn | ₹4.70bn | ₹3.45bn | ₹3.01bn | ₹2.35bn | ₹2.21bn | ₹2.06bn |
| Shares outstanding | 296m | 295m | 148m | 148m | 144m | 144m | 133m | 133m | 132m | 296m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹3.52bn | ₹4.67bn | ₹3.55bn | ₹198.6m | ₹555.3m | ₹1.35bn | ₹1.14bn | ₹1.02bn | −₹522.4m | ₹154.0m |
| Capital spending | −₹1.06bn | −₹2.38bn | −₹3.18bn | −₹2.09bn | −₹730.6m | −₹241.0m | −₹390.7m | −₹241.2m | −₹676.9m | −₹484.5m |
| Free cash flow | ₹2.46bn | ₹2.29bn | ₹373.3m | −₹1.90bn | −₹175.3m | ₹1.11bn | ₹748.1m | ₹775.9m | −₹1.20bn | −₹330.5m |
| Dividends paid | — | — | — | — | −₹876.6m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹52.82bn | ₹62.00bn | ₹63.14bn | ₹66.38bn | ₹49.24bn | ₹54.62bn | ₹49.88bn | ₹48.12bn |
| Gross profit | ₹3.48bn | ₹2.90bn | ₹2.46bn | ₹3.12bn | ₹2.39bn | ₹2.46bn | ₹2.39bn | ₹2.52bn |
| Operating income | ₹1.89bn | ₹1.80bn | ₹1.47bn | ₹1.72bn | ₹1.61bn | ₹1.18bn | ₹1.70bn | ₹1.86bn |
| Net income | ₹1.23bn | ₹1.19bn | ₹777.0m | ₹1.01bn | ₹717.0m | ₹487.7m | ₹725.3m | ₹714.8m |
| Diluted earnings per share | 4.16 | 4.02 | 2.63 | 3.43 | 2.43 | 1.65 | 4.91 | 4.84 |
| Cash from operations | — | — | — | ₹843.0m | — | ₹4.67bn | — | ₹3.11bn |
| Capital spending | — | — | — | −₹430.0m | — | −₹2.38bn | — | −₹689.0m |
| Free cash flow | — | — | — | ₹413.0m | — | ₹2.29bn | — | ₹2.42bn |
| Total assets | — | ₹49.28bn | — | ₹53.27bn | — | ₹40.80bn | — | ₹36.00bn |
| Cash and short-term investments | — | ₹6.80bn | ₹5.56bn | ₹5.56bn | ₹4.06bn | ₹4.06bn | ₹5.43bn | ₹5.43bn |
| Debt | — | ₹5.71bn | — | ₹5.86bn | — | ₹5.44bn | — | ₹4.80bn |
| Shareholders' equity | — | ₹14.23bn | ₹12.14bn | ₹12.14bn | ₹10.36bn | ₹10.36bn | ₹9.13bn | ₹9.13bn |
Financial ratios
Data as of 15 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 4.4% | 4.8% | 4.1% | 5.3% | 4.5% | 4.0% |
| Operating margin | 2.6% | 4.5% | 3.7% | 2.5% | 1.9% | 2.1% |
| Net margin | 1.5% | 1.3% | 1.0% | 1.2% | 1.2% | 0.5% |
| Return on equity | 26.0% | 23.7% | 17.3% | 20.4% | 26.1% | 12.9% |
| Return on assets | 7.5% | 6.0% | 4.2% | 6.2% | 7.2% | 2.9% |
| Free cash flow yield | 7.1% | 10.9% | 20.8% | 7.1% | 4.1% | 5.0% |
| Revenue growth | 23.2% | 41.1% | 29.0% | 3.4% | 23.9% | 50.1% |
| Earnings growth | 50.4% | 80.9% | 2.5% | 7.7% | 175.0% | 132.8% |
| Current ratio | 1.23x | 1.17x | 1.16x | 1.31x | 1.22x | 1.12x |
| Debt to equity | 0.40x | 0.51x | 0.75x | 0.72x | 0.62x | 0.54x |
| Equity ratio | 28.9% | 25.4% | 24.5% | 30.7% | 27.4% | 22.2% |
| Interest coverage | 3.56x | 4.79x | 4.35x | 3.53x | 4.43x | 3.35x |
| Buybacks as a share of market value | -0.2% | -99.8% | -0.1% | -2.5% | 0.2% | -8.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.9% | 23.5% | 20.8% |
| Operating income | 31.3% | 28.9% | 45.5% |
| Net income | 40.8% | 52.6% | 44.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 4.6% | 4.6% | 4.5% | 4.7% |
| Operating margin | 3.4% | 3.3% | 3.0% | 2.7% |
| Net margin | 1.4% | 1.3% | 1.2% | 1.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 18.1 | 21.6 | 18.7 | 6.9 | 7.3 | 10.9 | 6.9 | 8.3 | 6.5 | 20.4 |
| Price to sales | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2-for-1 split · 14 Oct 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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