H 
187.13
+2.36%
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
₹6.44bn
FY2017FY2026
Net income
₹1.48bn
FY2017FY2026
Free cash flow
₹1.66bn
FY2017FY2026
Shareholders' equity
₹26.28bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.44bn | ₹4.08bn | ₹2.21bn | ₹2.92bn | ₹1.71bn | ₹2.39bn | ₹1.64bn | ₹4.43bn | ₹5.34bn | ₹5.41bn |
| Research and development | — | — | ₹364,000 | ₹2.5m | ₹364,000 | ₹364,000 | — | — | — | — |
| Operating income | ₹3.00bn | ₹2.31bn | ₹258.4m | ₹799.5m | −₹745.1m | ₹865.7m | ₹1.39bn | ₹1.48bn | ₹1.85bn | ₹4.17bn |
| Net income | ₹1.48bn | ₹465.4m | −₹853.8m | ₹305.0m | −₹1.28bn | −₹1.22bn | −₹606.2m | −₹150.4m | −₹261.7m | −₹391.4m |
| Diluted earnings per share | 10.43 | 3.28 | -6.42 | 4.92 | -22.68 | -17.35 | -8.33 | -2.07 | -3.58 | -2.75 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹63.02bn | ₹54.18bn | ₹49.10bn | ₹45.04bn | ₹47.02bn | ₹44.27bn | ₹44.97bn | ₹47.26bn | ₹48.78bn | ₹49.31bn |
| Cash and short-term investments | ₹3.31bn | ₹8.79bn | ₹1.18bn | ₹633.5m | ₹425.0m | ₹527.6m | ₹414.8m | ₹675.6m | ₹247.1m | ₹92.3m |
| Total liabilities | ₹36.38bn | ₹29.48bn | ₹35.97bn | ₹31.75bn | ₹33.94bn | ₹29.94bn | ₹29.43bn | ₹31.02bn | ₹32.34bn | ₹32.60bn |
| Debt | ₹11.97bn | ₹7.93bn | ₹11.51bn | ₹9.66bn | ₹7.85bn | ₹8.72bn | ₹8.44bn | ₹8.82bn | ₹9.87bn | ₹17.58bn |
| Shareholders' equity | ₹26.28bn | ₹24.08bn | ₹12.58bn | ₹13.06bn | ₹12.89bn | ₹14.12bn | ₹15.32bn | ₹16.02bn | ₹16.22bn | ₹16.51bn |
| Shares outstanding | 142m | 142m | 133m | 62m | 57m | 70m | 73m | 73m | 73m | 142m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹1.71bn | −₹5.80bn | ₹1.61bn | −₹56.0m | ₹236.4m | −₹1.29bn | ₹678.3m | ₹763.6m | ₹4.51bn | −₹26.0m |
| Capital spending | −₹43.9m | −₹61.7m | −₹668.6m | −₹113,000 | −₹7.8m | −₹5.3m | −₹23.9m | −₹127.1m | −₹127.1m | −₹7.0m |
| Free cash flow | ₹1.66bn | −₹5.86bn | ₹938.1m | −₹56.1m | ₹228.6m | −₹1.30bn | ₹654.4m | ₹636.5m | ₹4.39bn | −₹33.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.56bn | ₹1.60bn | ₹875.9m | ₹2.09bn | ₹1.87bn | ₹967.5m | ₹924.6m | ₹989.4m |
| Operating income | ₹594.1m | ₹776.0m | ₹247.5m | ₹574.1m | ₹556.8m | ₹77.9m | ₹322.5m | ₹598.8m |
| Net income | ₹249.2m | ₹228.1m | ₹223.4m | ₹240.6m | ₹792.8m | ₹35.3m | ₹208.9m | ₹166.5m |
| Diluted earnings per share | 1.75 | 1.60 | 1.57 | 1.69 | 5.58 | 0.25 | 1.57 | 1.25 |
| Cash from operations | — | — | — | ₹937.0m | — | −₹5.80bn | — | −₹3.16bn |
| Capital spending | — | — | — | −₹22.0m | — | −₹61.0m | — | −₹10.0m |
| Free cash flow | — | — | — | ₹915.0m | — | −₹5.86bn | — | −₹3.17bn |
| Total assets | — | ₹63.02bn | — | ₹58.31bn | — | ₹54.18bn | — | ₹52.78bn |
| Cash and short-term investments | ₹3.31bn | ₹3.31bn | ₹2.17bn | ₹8.55bn | ₹1.91bn | ₹8.79bn | ₹5.89bn | ₹10.08bn |
| Debt | — | ₹11.96bn | — | ₹10.59bn | — | ₹7.93bn | — | ₹8.29bn |
| Shareholders' equity | ₹26.65bn | ₹26.28bn | ₹26.77bn | ₹26.10bn | ₹24.70bn | ₹24.08bn | ₹23.37bn | ₹22.81bn |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 46.7% | 56.7% | 11.7% | 27.4% | -43.5% | 36.2% |
| Net margin | 23.1% | 11.4% | -38.6% | 10.5% | -75.1% | -50.8% |
| Return on equity | 5.7% | 1.9% | -6.8% | 2.3% | -10.0% | -8.6% |
| Return on assets | 2.4% | 0.9% | -1.7% | 0.7% | -2.7% | -2.7% |
| Free cash flow yield | 7.0% | -23.0% | 9.7% | -0.5% | 2.5% | -10.4% |
| Revenue growth | 57.5% | 84.5% | -24.1% | 70.5% | -28.6% | 46.1% |
| Earnings growth | 219.1% | -154.5% | -379.9% | -123.8% | 5.6% | 100.6% |
| Current ratio | 1.96x | 1.92x | 1.25x | 0.99x | 1.03x | 1.09x |
| Debt to equity | 0.46x | 0.33x | 0.92x | 0.74x | 0.61x | 0.62x |
| Equity ratio | 41.7% | 44.4% | 25.6% | 29.0% | 27.4% | 31.9% |
| Interest coverage | 1.99x | 1.72x | 0.35x | 0.85x | -0.86x | 0.84x |
| R&D as a share of sales | — | — | 0.0% | 0.1% | 0.0% | 0.0% |
| Buybacks as a share of market value | -0.2% | -6.8% | -114.4% | -9.6% | 19.2% | 3.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.2% | 21.9% | 4.7% |
| Operating income | 55.4% | 28.2% | -1.7% |
| Net income | 69.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 50.5% | 40.7% | 32.9% | 46.6% |
| Net margin | 18.5% | 9.0% | -5.6% | -6.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.5 | 75.5 | -41.9 | 16.9 | -2.1 | -3.8 | -2.0 | -7.1 | -11.6 | -47.2 |
| Price to sales | 4.0 | 8.6 | 16.2 | 1.8 | 1.6 | 1.9 | 0.7 | 0.2 | 0.6 | 3.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Sept 2014.
| FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.00 | 1.00 | 1.00 | 2.50 | 5.00 | 1.00 | 0.70 | 3.30 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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