3,169.70
-1.78%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹1.75trn
FY2017FY2026
Net income
₹49.66bn
FY2017FY2026
Free cash flow
−₹334.36bn
FY2017FY2026
Shareholders' equity
₹1.03trn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.75trn | ₹1.48trn | ₹1.31trn | ₹1.18trn | ₹957.01bn | ₹764.04bn | ₹751.41bn | ₹772.00bn | ₹558.93bn | ₹360.68bn |
| Gross profit | ₹789.22bn | ₹859.41bn | ₹765.54bn | ₹663.79bn | ₹561.05bn | ₹477.57bn | ₹435.89bn | ₹423.05bn | ₹303.03bn | ₹200.62bn |
| Research and development | — | ₹1.76bn | ₹24.4m | ₹24.2m | ₹25.5m | ₹25.2m | ₹26.8m | ₹3.0m | ₹695.9m | ₹559.5m |
| Operating income | ₹355.53bn | ₹570.76bn | ₹515.45bn | ₹439.16bn | ₹126.96bn | ₹146.76bn | ₹78.98bn | ₹131.07bn | ₹96.73bn | ₹120.11bn |
| Net income | ₹49.66bn | ₹37.06bn | ₹56.24bn | ₹68.27bn | ₹75.50bn | ₹43.05bn | ₹44.12bn | ₹16.93bn | ₹26.79bn | ₹31.67bn |
| Diluted earnings per share | 73.13 | 54.55 | 83.71 | 103.91 | 114.85 | 65.48 | 67.13 | 16.87 | 40.74 | 48.11 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹5.70trn | ₹5.01trn | ₹4.13trn | ₹3.37trn | ₹2.89trn | ₹2.67trn | ₹2.44trn | ₹2.29trn | ₹2.08trn | ₹627.68bn |
| Cash and short-term investments | ₹323.26bn | ₹250.45bn | ₹270.06bn | ₹224.44bn | ₹179.68bn | ₹224.18bn | ₹151.81bn | ₹86.61bn | ₹98.03bn | ₹71.22bn |
| Total liabilities | ₹4.00trn | ₹3.43trn | ₹2.74trn | ₹2.14trn | ₹1.73trn | ₹1.64trn | ₹1.53trn | ₹1.46trn | ₹1.24trn | ₹216.79bn |
| Debt | — | ₹1.86trn | ₹1.37trn | ₹1.03trn | ₹747.44bn | ₹790.78bn | ₹847.77bn | ₹844.88bn | ₹670.70bn | ₹89.27bn |
| Shareholders' equity | ₹1.03trn | ₹975.09bn | ₹886.52bn | ₹787.42bn | ₹756.98bn | ₹654.94bn | ₹566.52bn | ₹557.73bn | ₹573.62bn | ₹313.87bn |
| Shares outstanding | 679m | 679m | 672m | 657m | 657m | 657m | 657m | 1,004m | 657m | 658m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹178.10bn | ₹205.10bn | −₹107.19bn | −₹126.85bn | ₹70.38bn | ₹147.01bn | ₹166.66bn | −₹16.59bn | −₹41.40bn | ₹72.76bn |
| Capital spending | −₹156.26bn | −₹171.81bn | −₹194.85bn | −₹120.36bn | −₹85.88bn | −₹36.51bn | −₹51.31bn | −₹41.79bn | −₹41.92bn | −₹18.40bn |
| Free cash flow | −₹334.36bn | ₹33.29bn | −₹302.04bn | −₹247.21bn | −₹15.50bn | ₹110.50bn | ₹115.35bn | −₹58.38bn | −₹83.32bn | ₹54.37bn |
| Dividends paid | −₹16.71bn | −₹15.84bn | −₹11.26bn | −₹11.51bn | −₹10.65bn | −₹4.22bn | −₹7.05bn | −₹6.26bn | −₹5.75bn | −₹3.69bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹487.16bn | ₹511.01bn | ₹443.12bn | ₹399.00bn | ₹401.18bn | ₹462.61bn | ₹347.93bn | ₹335.63bn |
| Gross profit | ₹234.57bn | ₹231.90bn | ₹196.16bn | ₹171.45bn | ₹226.37bn | ₹270.40bn | ₹199.03bn | ₹197.63bn |
| Operating income | ₹118.30bn | ₹57.41bn | ₹39.74bn | ₹69.58bn | ₹70.12bn | ₹67.10bn | ₹52.65bn | ₹45.21bn |
| Net income | ₹21.46bn | ₹19.58bn | ₹10.37bn | ₹5.53bn | ₹14.19bn | ₹12.09bn | ₹8.99bn | ₹3.90bn |
| Diluted earnings per share | 31.60 | 28.83 | 15.26 | 8.15 | 20.88 | 17.80 | 13.38 | 5.80 |
| Cash from operations | — | — | — | −₹80.15bn | — | −₹165.05bn | — | −₹100.18bn |
| Capital spending | — | — | — | −₹75.40bn | — | −₹171.81bn | — | −₹75.52bn |
| Free cash flow | — | — | — | −₹155.55bn | — | −₹336.86bn | — | −₹175.69bn |
| Total assets | — | ₹5.70trn | — | ₹5.30trn | — | ₹5.01trn | — | ₹4.48trn |
| Cash and short-term investments | ₹229.71bn | ₹323.26bn | ₹254.07bn | ₹293.64bn | ₹238.75bn | ₹250.45bn | ₹236.01bn | ₹277.21bn |
| Debt | — | ₹2.26trn | — | ₹2.08trn | — | ₹1.86trn | — | ₹1.58trn |
| Shareholders' equity | ₹1.70trn | ₹1.03trn | ₹1.62trn | ₹996.18bn | ₹1.58trn | ₹975.09bn | ₹1.46trn | ₹929.18bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.3% | 18.1% | 17.7% |
| Operating income | -6.8% | 19.4% | 13.1% |
| Net income | -10.1% | 2.9% | 7.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 50.9% | 53.8% | 55.3% | 55.4% |
| Operating margin | 28.6% | 32.9% | 28.9% | 26.2% |
| Net margin | 2.7% | 3.7% | 4.4% | 4.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 43.8 | 51.9 | 29.2 | 20.5 | 15.0 | 24.9 | 13.7 | 44.0 | 20.3 | 24.2 |
| Price to sales | 1.2 | 1.3 | 1.3 | 1.2 | 1.2 | 1.4 | 0.8 | 1.0 | 1.0 | 2.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 31 years. Last went ex-dividend on 7 Aug 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 10.00 | 10.00 | 10.00 | 9.96 | 5.00 | 4.00 | 4.00 | 7.00 |
- 5-for-1 split · 6 Oct 2016
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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