I 
185.12
+0.43%
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
₹15.28bn
FY2021FY2026
Net income
−₹1.06bn
FY2021FY2026
Free cash flow
₹4.71bn
FY2021FY2026
Shareholders' equity
₹5.15bn
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | ₹15.28bn | ₹10.59bn | ₹8.31bn | ₹5.80bn | ₹3.44bn | ₹29.45bn |
| Operating income | ₹3.13bn | ₹1.31bn | ₹1.09bn | ₹507.9m | −₹74.3m | ₹343.4m |
| Net income | −₹1.06bn | −₹1.40bn | −₹3.42bn | −₹1.98bn | −₹1.88bn | −₹1.55bn |
| Diluted earnings per share | -5.02 | -6.63 | -16.26 | -9.34 | -8.89 | -8.49 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | ₹65.11bn | ₹46.85bn | ₹36.68bn | ₹29.69bn | ₹22.84bn | ₹44.82bn |
| Cash and short-term investments | ₹3.85bn | ₹59.4m | ₹3.7m | ₹104.4m | ₹3.2m | ₹469.0m |
| Total liabilities | ₹59.97bn | ₹46.88bn | ₹35.37bn | ₹32.77bn | ₹24.22bn | ₹39.80bn |
| Debt | ₹52.07bn | ₹40.88bn | ₹30.49bn | ₹29.26bn | ₹21.60bn | ₹15.25bn |
| Shareholders' equity | ₹5.15bn | −₹31.1m | ₹1.31bn | −₹3.08bn | −₹1.39bn | ₹5.02bn |
| Shares outstanding | 212m | 211m | 210m | 212m | 212m | 183m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | ₹8.98bn | ₹6.12bn | ₹5.42bn | ₹3.24bn | ₹2.02bn | ₹3.86bn |
| Capital spending | −₹4.27bn | −₹2.58bn | −₹1.90bn | −₹1.72bn | −₹470.2m | −₹5.34bn |
| Free cash flow | ₹4.71bn | ₹3.54bn | ₹3.52bn | ₹1.52bn | ₹1.55bn | −₹1.48bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.49bn | ₹4.26bn | ₹3.90bn | ₹3.50bn | ₹3.24bn | ₹2.97bn | ₹2.68bn | ₹2.52bn |
| Operating income | −₹305.1m | −₹238.9m | ₹680.8m | ₹516.5m | −₹499.6m | ₹412.8m | ₹408.9m | ₹231.1m |
| Net income | −₹238.8m | −₹226.5m | −₹170.7m | −₹298.7m | −₹367.6m | −₹313.3m | −₹137.3m | −₹525.2m |
| Diluted earnings per share | -1.13 | -1.07 | -0.81 | -1.42 | -1.74 | -1.49 | -0.65 | -2.50 |
| Cash from operations | — | — | — | ₹4.29bn | — | — | — | ₹1.34bn |
| Capital spending | — | — | — | −₹1.79bn | — | — | — | −₹419.0m |
| Free cash flow | — | — | — | ₹2.50bn | — | — | — | ₹917.0m |
| Total assets | — | ₹65.11bn | — | ₹60.19bn | — | ₹46.85bn | — | — |
| Cash and short-term investments | — | ₹3.85bn | — | ₹5.10bn | — | ₹59.4m | — | — |
| Debt | — | ₹6.89bn | — | ₹6.48bn | — | ₹6.66bn | — | — |
| Shareholders' equity | — | ₹5.15bn | — | ₹5.50bn | — | −₹31.1m | — | — |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating margin | 20.5% | 12.4% | 13.2% | 8.8% | -2.2% |
| Net margin | -7.0% | -13.2% | -41.1% | -34.2% | -54.7% |
| Return on equity | -20.7% | 4487.8% | -261.4% | 64.3% | 136.0% |
| Return on assets | -1.6% | -3.0% | -9.3% | -6.7% | -8.2% |
| Free cash flow yield | 33.2% | 21.9% | 18.5% | — | — |
| Revenue growth | 44.2% | 27.5% | 43.3% | 68.5% | — |
| Earnings growth | -23.8% | -59.1% | 72.4% | 5.2% | — |
| Current ratio | 0.96x | 0.26x | 0.27x | 0.26x | 0.18x |
| Debt to equity | 1.34x | -214.07x | 3.24x | -2.62x | -3.70x |
| Equity ratio | 7.9% | -0.1% | 3.6% | -10.4% | -6.1% |
| Interest coverage | 0.70x | 0.40x | 0.43x | 0.27x | -0.05x |
| Buybacks as a share of market value | -0.6% | -0.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 38.1% | -12.3% | — |
| Operating income | 83.3% | 55.5% | — |
| Net income | -18.7% | -7.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 17.2% | 15.1% | 8.7% | — |
| Net margin | -9.5% | -19.7% | -15.5% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | |
|---|---|---|
| Price to earnings | -37.2 | -31.7 |
| Price to sales | 2.6 | 4.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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