I 
66.55
+1.85%
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
₹1.10bn
FY2017FY2026
Net income
₹131.2m
FY2017FY2026
Free cash flow
−₹149.9m
FY2017FY2026
Shareholders' equity
₹925.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.10bn | ₹1.04bn | ₹728.4m | ₹617.4m | ₹500.6m | ₹400.9m | ₹397.6m | ₹353.5m | ₹294.4m | ₹245.1m |
| Research and development | ₹59.2m | ₹60.7m | ₹55.7m | ₹17.2m | ₹20.3m | ₹20.8m | ₹11.6m | ₹11.9m | ₹7.6m | — |
| Operating income | ₹161.1m | ₹2.1m | ₹103.0m | ₹85.9m | ₹66.6m | ₹52.6m | ₹37.5m | ₹32.2m | ₹25.5m | ₹11.1m |
| Net income | ₹131.2m | ₹162.7m | ₹82.4m | ₹72.4m | ₹50.6m | ₹51.0m | ₹25.3m | ₹20.9m | ₹14.5m | ₹3.9m |
| Diluted earnings per share | 6.54 | 8.09 | 4.11 | 3.61 | 2.53 | 3.50 | 1.74 | 3.70 | 3.53 | 0.68 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹1.33bn | ₹978.4m | ₹844.6m | ₹694.7m | ₹556.2m | ₹436.8m | ₹347.0m | ₹238.6m | ₹171.4m | ₹125.4m |
| Cash and short-term investments | ₹69.1m | ₹2.5m | — | — | — | ₹1.3m | ₹2.0m | ₹821,500 | ₹710,300 | ₹507,800 |
| Total liabilities | ₹405.6m | ₹193.2m | ₹217.1m | ₹149.7m | ₹171.1m | ₹221.4m | ₹182.5m | ₹99.6m | ₹122.0m | ₹90.5m |
| Debt | ₹370.4m | ₹148.4m | ₹28.0m | ₹17.0m | ₹37.3m | ₹114.7m | ₹78.7m | ₹54.9m | ₹62.7m | ₹52.8m |
| Shareholders' equity | ₹925.3m | ₹785.2m | ₹627.5m | ₹545.0m | ₹385.1m | ₹215.4m | ₹164.4m | ₹139.1m | ₹49.4m | ₹34.9m |
| Shares outstanding | 20m | 20m | 20m | 20m | 20m | 15m | 15m | 6m | 4m | 6m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹125.8m | ₹14.2m | ₹22.2m | ₹5.3m | ₹27.0m | ₹1.6m | −₹7.9m | −₹31.7m | −₹8.8m | — |
| Capital spending | −₹24.1m | −₹100,784 | −₹26.1m | −₹18.2m | −₹39.7m | −₹19.5m | −₹4.0m | −₹12.9m | −₹4.5m | — |
| Free cash flow | −₹149.9m | ₹14.1m | −₹3.9m | −₹13.0m | −₹12.6m | −₹18.0m | −₹11.8m | −₹44.6m | −₹13.3m | — |
| Dividends paid | — | −₹58,604 | — | — | −₹1.5m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹329.9m | ₹260.2m | ₹228.0m | ₹308.5m | ₹307.7m | ₹333.8m | ₹235.6m | ₹221.7m |
| Operating income | ₹36.9m | ₹29.6m | ₹39.3m | ₹39.6m | ₹52.7m | ₹41.9m | ₹53.8m | ₹49.5m |
| Net income | ₹30.4m | ₹19.7m | ₹30.0m | ₹34.5m | ₹47.0m | ₹36.8m | ₹50.5m | ₹43.6m |
| Diluted earnings per share | 1.51 | 0.98 | 1.49 | 1.72 | 2.34 | 1.83 | 2.52 | 2.17 |
| Cash from operations | — | — | — | −₹7.0m | — | −₹67.0m | — | — |
| Capital spending | — | — | — | −₹6.0m | — | −₹2.0m | — | — |
| Free cash flow | — | — | — | −₹13.0m | — | −₹69.0m | — | — |
| Total assets | — | ₹1.33bn | — | ₹1.17bn | — | ₹978.4m | — | ₹878.4m |
| Cash and short-term investments | — | ₹69.1m | — | ₹5.9m | — | ₹2.5m | — | ₹10.4m |
| Debt | — | ₹370.4m | — | ₹276.4m | — | ₹148.4m | — | ₹151.3m |
| Shareholders' equity | — | ₹925.3m | — | ₹866.7m | — | ₹785.2m | — | ₹702.5m |
Financial ratios
Data as of 26 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating margin | 14.6% | 0.2% | 14.0% | 13.8% | 13.3% |
| Net margin | 11.9% | 15.7% | 11.3% | 11.7% | 10.1% |
| Return on equity | 14.2% | 20.7% | 13.1% | 13.3% | 13.1% |
| Return on assets | 9.9% | 16.6% | 9.8% | 10.4% | 9.1% |
| Free cash flow yield | -8.4% | 1.2% | 4.0% | — | — |
| Revenue growth | 6.4% | 42.6% | 18.0% | 23.3% | — |
| Earnings growth | -19.3% | 97.4% | 13.8% | 43.0% | — |
| Current ratio | 3.05x | 5.31x | 3.87x | 4.87x | 3.81x |
| Debt to equity | 0.40x | 0.19x | 0.04x | 0.03x | 0.10x |
| Equity ratio | 69.5% | 80.2% | 74.3% | 78.5% | 69.2% |
| Interest coverage | 7.21x | 0.15x | 7.24x | 7.57x | 5.82x |
| R&D as a share of sales | 5.4% | 5.8% | 7.7% | 2.8% | 4.0% |
| Buybacks as a share of market value | 0.3% | -0.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.4% | 22.5% | 19.2% |
| Operating income | 23.3% | 25.1% | 35.7% |
| Net income | 21.9% | 20.8% | 48.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.6% | 10.1% | 10.7% | 10.0% |
| Net margin | 13.7% | 12.9% | 12.5% | 10.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | 10.2 | 15.0 | 76.7 |
| Price to sales | 1.2 | 2.4 | 8.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 3 Dec 2024.
| FY2025 | FY2022 | |
|---|---|---|
| Paid in the year | 0.25 | 0.208 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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