379.85
+1.05%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹3.75bn
FY2017FY2026
Net income
₹311.1m
FY2017FY2026
Free cash flow
−₹14.2m
FY2017FY2026
Shareholders' equity
₹11.45bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.75bn | ₹3.25bn | ₹2.98bn | ₹2.83bn | ₹2.32bn | ₹1.85bn | ₹1.78bn | ₹1.96bn | ₹1.98bn | ₹1.66bn |
| Research and development | — | — | ₹24.0m | ₹22.6m | ₹18.5m | ₹19.8m | ₹22.4m | ₹18.7m | ₹19.4m | ₹13.2m |
| Operating income | ₹434.7m | ₹484.9m | ₹426.9m | ₹327.3m | ₹247.9m | ₹705.7m | ₹152.9m | ₹169.3m | ₹261.5m | ₹344.4m |
| Net income | ₹311.1m | ₹350.0m | ₹344.1m | ₹274.7m | ₹216.0m | ₹197.2m | ₹104.7m | ₹175.5m | ₹230.1m | ₹232.1m |
| Diluted earnings per share | 21.06 | 23.70 | 23.31 | 18.60 | 14.63 | 13.36 | 7.09 | 11.87 | 15.55 | 15.72 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹12.64bn | ₹11.96bn | ₹10.81bn | ₹10.00bn | ₹10.02bn | ₹9.18bn | ₹8.51bn | ₹8.47bn | ₹8.25bn | ₹7.76bn |
| Cash and short-term investments | ₹361.7m | ₹489.7m | ₹403.1m | ₹481.0m | ₹407.5m | ₹487.7m | ₹356.8m | ₹393.9m | ₹229.2m | ₹236.7m |
| Total liabilities | ₹1.19bn | ₹1.12bn | ₹943.4m | ₹791.1m | ₹851.2m | ₹1.01bn | ₹901.6m | ₹929.6m | ₹868.3m | ₹883.3m |
| Debt | ₹16.8m | ₹300,000 | ₹1.2m | ₹10.1m | ₹3.0m | ₹4.2m | ₹58.6m | ₹35.4m | ₹49.4m | ₹46.7m |
| Shareholders' equity | ₹11.45bn | ₹10.85bn | ₹9.87bn | ₹9.21bn | ₹9.17bn | ₹8.17bn | ₹7.61bn | ₹7.54bn | ₹7.39bn | ₹6.88bn |
| Shares outstanding | 15m | 15m | 15m | 15m | 15m | 15m | 15m | 15m | 15m | 15m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹208.5m | ₹298.6m | ₹402.7m | ₹157.0m | ₹49.1m | ₹91.7m | ₹25.6m | ₹34.3m | ₹504.0m | ₹96.7m |
| Capital spending | −₹222.7m | −₹206.9m | −₹364.5m | −₹70.7m | −₹71.2m | −₹39.2m | −₹68.5m | −₹117.1m | −₹71.3m | −₹120.9m |
| Free cash flow | −₹14.2m | ₹91.7m | ₹38.2m | ₹86.3m | −₹22.1m | ₹52.5m | −₹42.9m | −₹82.8m | ₹432.7m | −₹24.3m |
| Dividends paid | −₹29.5m | −₹29.5m | −₹29.5m | −₹29.5m | −₹29.5m | −₹29.5m | −₹35.6m | −₹8.9m | −₹8.9m | −₹5.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹200.5m | ₹1.05bn | ₹945.1m | ₹886.8m | ₹870.8m | ₹891.5m | ₹818.3m | ₹769.5m |
| Operating income | ₹15.8m | ₹131.6m | ₹119.0m | ₹77.1m | ₹108.6m | ₹135.7m | ₹135.3m | ₹104.8m |
| Net income | ₹86.8m | ₹117.0m | ₹66.7m | ₹52.8m | ₹74.6m | ₹60.7m | ₹109.7m | ₹92.9m |
| Diluted earnings per share | 5.88 | 7.92 | 4.52 | 3.58 | 5.05 | 4.11 | 7.43 | 6.29 |
| Cash from operations | — | — | — | ₹202.0m | — | ₹298.0m | — | ₹162.0m |
| Capital spending | — | — | — | −₹64.0m | — | −₹206.0m | — | −₹94.0m |
| Free cash flow | — | — | — | ₹138.0m | — | ₹92.0m | — | ₹68.0m |
| Total assets | — | ₹12.64bn | — | ₹12.59bn | — | ₹11.96bn | — | ₹11.89bn |
| Cash and short-term investments | ₹361.7m | ₹361.7m | ₹559.3m | ₹559.3m | ₹489.7m | ₹489.7m | ₹259.7m | ₹371.1m |
| Debt | — | ₹9.0m | — | ₹34.9m | — | ₹300,000 | — | ₹700,000 |
| Shareholders' equity | ₹11.45bn | ₹11.45bn | ₹11.37bn | ₹11.37bn | ₹10.85bn | ₹10.85bn | ₹10.77bn | ₹10.77bn |
Financial ratios
Data as of 14 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 10.9% | 13.8% | 14.3% | 11.6% | 10.7% | 13.5% | — | — |
| Net margin | 8.3% | 10.8% | 11.6% | 9.7% | 9.3% | 10.7% | — | — |
| Return on equity | 2.7% | 3.2% | 3.5% | 3.0% | 2.4% | 2.4% | — | — |
| Return on assets | 2.5% | 2.9% | 3.2% | 2.7% | 2.2% | 2.1% | — | — |
| Free cash flow yield | 6.3% | 7.3% | 11.2% | 3.3% | 1.7% | 1.9% | — | — |
| Revenue growth | 15.4% | 9.2% | 5.3% | 21.9% | 25.6% | 4.0% | — | — |
| Earnings growth | -11.1% | 1.7% | 25.3% | 27.2% | 9.5% | 88.4% | — | — |
| Current ratio | 2.24x | 2.37x | 2.16x | 2.40x | 2.29x | 3.50x | — | — |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — | — |
| Equity ratio | 90.6% | 90.7% | 91.3% | 92.1% | 91.5% | 89.0% | — | — |
| Interest coverage | 146.32x | 559.88x | 474.35x | 258.33x | 343.86x | 127.56x | — | — |
| R&D as a share of sales | — | — | 0.8% | 0.8% | 0.8% | 1.1% | 1.3% | 1.0% |
| Buybacks as a share of market value | 0.0% | -0.0% | 0.0% | 0.0% | -0.1% | -0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.9% | 15.2% | 12.1% |
| Operating income | 9.9% | -9.2% | -0.2% |
| Net income | 4.2% | 9.5% | -1.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 13.1% | 13.1% | 15.5% | 15.7% |
| Net margin | 9.4% | 10.0% | 10.0% | 11.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.8 | 18.1 | 23.6 | 24.3 | 20.7 | 24.2 | 31.4 | 14.5 | 19.0 | 33.6 |
| Price to sales | 1.5 | 1.9 | 2.7 | 2.4 | 1.9 | 2.6 | 1.9 | 1.3 | 2.2 | 4.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 18 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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