I 
681.10
-1.23%
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
₹6.68bn
FY2017FY2026
Net income
₹121.9m
FY2017FY2026
Free cash flow
−₹626.7m
FY2017FY2026
Shareholders' equity
₹1.33bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.68bn | ₹4.80bn | ₹3.78bn | ₹3.12bn | ₹2.06bn | ₹1.35bn | ₹1.38bn | ₹1.32bn | ₹1.03bn | ₹878.9m |
| Research and development | ₹12.4m | ₹10.7m | ₹8.9m | ₹7.6m | ₹4.2m | ₹2.5m | ₹4.6m | ₹3.7m | ₹2.8m | ₹2.3m |
| Operating income | ₹282.6m | ₹342.4m | ₹373.1m | ₹290.3m | ₹127.6m | ₹70.7m | ₹87.9m | ₹113.7m | ₹110.8m | ₹87.6m |
| Net income | ₹121.9m | ₹231.1m | ₹262.5m | ₹208.0m | ₹73.2m | ₹36.1m | ₹50.5m | ₹74.8m | ₹66.3m | ₹50.0m |
| Diluted earnings per share | 7.73 | 14.65 | 16.64 | 12.88 | 4.64 | 2.30 | 3.27 | 4.74 | 4.22 | 3.19 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹5.04bn | ₹3.68bn | ₹2.11bn | ₹1.59bn | ₹1.25bn | ₹1.08bn | ₹1.05bn | ₹827.7m | ₹814.6m | ₹552.0m |
| Cash and short-term investments | ₹71.8m | ₹64.8m | ₹50.8m | ₹59.3m | ₹4.9m | ₹14.6m | ₹6.2m | ₹40.6m | ₹172.4m | ₹76.2m |
| Total liabilities | ₹3.70bn | ₹2.44bn | ₹1.07bn | ₹779.0m | ₹633.6m | ₹514.8m | ₹515.7m | ₹327.0m | ₹368.7m | ₹396.2m |
| Debt | ₹1.58bn | ₹859.3m | ₹272.5m | ₹48.6m | ₹110.2m | ₹98.7m | ₹168.4m | ₹32.3m | ₹99.4m | ₹150.5m |
| Shareholders' equity | ₹1.33bn | ₹1.24bn | ₹1.04bn | ₹811.3m | ₹616.8m | ₹563.2m | ₹532.7m | ₹500.7m | ₹446.0m | ₹155.7m |
| Shares outstanding | 16m | 16m | 16m | 16m | 16m | 16m | 15m | 16m | 16m | 16m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹227.5m | ₹299.7m | ₹103.8m | ₹243.5m | ₹83.1m | ₹123.5m | −₹9.1m | ₹82.0m | −₹20.3m | ₹75.0m |
| Capital spending | −₹399.2m | −₹823.3m | −₹330.3m | −₹37.7m | −₹40.3m | −₹49.0m | −₹76.8m | −₹112.4m | −₹50.0m | −₹38.5m |
| Free cash flow | −₹626.7m | −₹523.5m | −₹226.5m | ₹205.7m | ₹42.8m | ₹74.6m | −₹85.9m | −₹30.4m | −₹70.3m | ₹36.5m |
| Dividends paid | −₹35.5m | −₹31.6m | −₹28.4m | −₹18.9m | −₹18.8m | −₹5.6m | −₹22.7m | −₹18.9m | −₹18.9m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.79bn | ₹2.56bn | ₹1.53bn | ₹1.47bn | ₹1.12bn | ₹1.80bn | ₹1.11bn | ₹1.03bn |
| Operating income | ₹9.3m | ₹168.9m | ₹56.3m | ₹54.2m | ₹3.2m | ₹172.2m | ₹45.2m | ₹74.1m |
| Net income | −₹16.4m | ₹101.1m | ₹14.7m | ₹20.3m | −₹14.2m | ₹117.1m | ₹28.7m | ₹48.2m |
| Diluted earnings per share | -1.04 | 6.41 | 0.93 | 1.28 | -0.90 | 7.42 | 1.82 | 3.05 |
| Cash from operations | — | — | — | −₹528.0m | — | ₹299.0m | — | −₹120.0m |
| Capital spending | — | — | — | −₹218.0m | — | −₹823.0m | — | −₹417.0m |
| Free cash flow | — | — | — | −₹746.0m | — | −₹524.0m | — | −₹537.0m |
| Total assets | — | ₹5.04bn | — | ₹4.26bn | — | ₹3.68bn | — | ₹2.84bn |
| Cash and short-term investments | ₹71.8m | ₹71.8m | ₹71.0m | ₹96.3m | ₹44.2m | ₹64.8m | ₹46.9m | ₹64.2m |
| Debt | — | ₹1.52bn | — | ₹1.69bn | — | ₹859.3m | — | ₹813.8m |
| Shareholders' equity | ₹1.33bn | ₹1.33bn | ₹1.21bn | ₹1.21bn | ₹1.24bn | ₹1.24bn | ₹1.09bn | ₹1.10bn |
Financial ratios
Data as of 2 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 4.2% | 7.1% | 9.9% | 9.3% | 6.2% | 5.3% |
| Net margin | 1.8% | 4.8% | 6.9% | 6.7% | 3.6% | 2.7% |
| Return on equity | 9.2% | 18.6% | 25.2% | 25.6% | 11.9% | 6.4% |
| Return on assets | 2.4% | 6.3% | 12.4% | 13.1% | 5.9% | 3.4% |
| Free cash flow yield | 1.7% | 11.4% | 4.4% | 2.8% | 1.3% | 1.8% |
| Revenue growth | 39.3% | 26.8% | 21.2% | 51.5% | 53.1% | -2.2% |
| Earnings growth | -47.2% | -12.0% | 26.2% | 184.2% | 102.6% | -28.5% |
| Current ratio | 1.17x | 1.17x | 1.72x | 1.70x | 1.56x | 1.58x |
| Debt to equity | 1.14x | 0.66x | 0.25x | 0.04x | 0.15x | 0.16x |
| Equity ratio | 26.4% | 33.7% | 49.3% | 51.0% | 49.3% | 52.2% |
| Interest coverage | 2.24x | 8.31x | 17.64x | 23.21x | 7.39x | 3.71x |
| R&D as a share of sales | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Buybacks as a share of market value | 0.0% | 0.0% | 2.3% | -2.4% | -0.6% | -1.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.9% | 37.8% | 25.0% |
| Operating income | -0.9% | 31.9% | 17.8% |
| Net income | -16.3% | 27.5% | 16.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.4% | 7.0% | 6.8% | 7.2% |
| Net margin | 3.1% | 4.5% | 4.3% | 4.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 92.1 | 55.7 | 44.8 | 47.9 | 28.9 | 31.1 | 32.3 | 11.3 | 17.2 | 35.7 |
| Price to sales | 1.7 | 2.7 | 3.1 | 3.2 | 1.0 | 0.8 | 1.2 | 0.6 | 1.1 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 19 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.25 | 2.00 | 1.80 | 1.20 | 1.20 | 1.20 | 1.20 | 1.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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