1,558.00
+1.08%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹18.98bn
FY2020FY2026
Net income
₹1.35bn
FY2020FY2026
Free cash flow
−₹1.22bn
FY2020FY2026
Shareholders' equity
₹8.81bn
FY2020FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | ₹18.98bn | ₹14.54bn | ₹12.76bn | ₹11.24bn | ₹8.35bn | ₹5.76bn | ₹7.19bn |
| Operating income | ₹1.87bn | ₹1.34bn | ₹1.12bn | ₹1.09bn | ₹259.9m | ₹78.4m | ₹2.08bn |
| Net income | ₹1.35bn | ₹1.08bn | ₹862.6m | ₹814.6m | ₹171.3m | ₹64.4m | ₹396.4m |
| Diluted earnings per share | 79.73 | 63.92 | 51.37 | 48.95 | 10.15 | 3.81 | 23.49 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Total assets | ₹13.01bn | ₹11.14bn | ₹7.55bn | ₹6.75bn | ₹5.44bn | ₹4.69bn | ₹4.14bn |
| Cash and short-term investments | ₹953.4m | ₹2.04bn | ₹664.3m | ₹686.7m | ₹525.9m | ₹678.8m | ₹229.2m |
| Total liabilities | ₹4.20bn | ₹3.63bn | ₹3.10bn | ₹2.76bn | ₹2.25bn | ₹1.69bn | ₹1.83bn |
| Debt | ₹175.3m | ₹198.8m | ₹133.9m | ₹177.3m | ₹78.5m | ₹61.5m | ₹57.9m |
| Shareholders' equity | ₹8.81bn | ₹7.51bn | ₹4.45bn | ₹3.99bn | ₹3.18bn | ₹3.00bn | ₹2.32bn |
| Shares outstanding | 17m | 17m | 17m | 17m | 17m | 17m | 17m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −₹25.6m | ₹535.6m | ₹815.2m | ₹312.9m | ₹261.8m | ₹388.3m | ₹633.9m |
| Capital spending | −₹1.19bn | −₹760.9m | −₹251.9m | −₹136.5m | −₹38.7m | −₹52.0m | −₹142.7m |
| Free cash flow | −₹1.22bn | −₹225.3m | ₹563.3m | ₹176.4m | ₹223.1m | ₹336.3m | ₹491.2m |
| Dividends paid | −₹209.6m | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.60bn | ₹5.04bn | ₹5.23bn | ₹4.91bn | ₹3.81bn | ₹4.71bn | ₹3.64bn | ₹3.23bn |
| Operating income | ₹353.7m | ₹487.6m | ₹464.5m | ₹382.0m | ₹284.9m | ₹1.46bn | ₹326.5m | ₹229.2m |
| Net income | ₹282.5m | ₹366.0m | ₹372.6m | ₹322.8m | ₹283.8m | ₹386.8m | ₹282.0m | ₹206.7m |
| Diluted earnings per share | 16.74 | 21.69 | 22.09 | 19.14 | 16.82 | 22.93 | 16.79 | 12.31 |
| Cash from operations | — | — | — | ₹419.0m | — | — | — | — |
| Capital spending | — | — | — | −₹413.0m | — | — | — | — |
| Free cash flow | — | — | — | ₹6.0m | — | — | — | — |
| Total assets | — | ₹13.01bn | — | ₹12.50bn | — | ₹11.14bn | — | ₹11.07bn |
| Cash and short-term investments | ₹953.4m | ₹953.4m | ₹1.85bn | ₹3.01bn | ₹2.04bn | ₹2.04bn | ₹3.86bn | ₹3.86bn |
| Debt | — | ₹154.8m | — | ₹90.9m | — | ₹175.6m | — | ₹175.7m |
| Shareholders' equity | ₹8.81bn | ₹8.81bn | ₹8.00bn | ₹8.00bn | ₹7.51bn | ₹7.51bn | ₹6.76bn | ₹6.76bn |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 9.9% | 9.2% | 8.8% | 9.7% | 3.1% | 1.7% |
| Net margin | 7.1% | 7.4% | 6.8% | 7.2% | 2.1% | 1.1% |
| Return on equity | 15.3% | 14.4% | 19.4% | 20.4% | 5.4% | 2.1% |
| Return on assets | 10.3% | 9.7% | 11.4% | 12.1% | 3.2% | 1.4% |
| Free cash flow yield | 4.1% | 4.5% | 3.7% | 1.6% | — | — |
| Revenue growth | 30.6% | 13.9% | 13.5% | 34.6% | 45.0% | -19.9% |
| Earnings growth | 24.8% | 25.0% | 5.9% | 375.5% | 166.2% | -83.8% |
| Current ratio | 1.95x | 2.16x | 1.71x | 1.83x | 1.79x | 1.88x |
| Debt to equity | 0.02x | 0.02x | 0.02x | 0.03x | 0.01x | 0.01x |
| Equity ratio | 67.7% | 67.5% | 58.9% | 59.2% | 58.5% | 63.9% |
| Interest coverage | 81.72x | 55.48x | 12.43x | 16.24x | 3.08x | 5.07x |
| Buybacks as a share of market value | -0.0% | -0.5% | -0.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.1% | 26.9% | — |
| Operating income | 19.7% | 88.7% | — |
| Net income | 18.2% | 83.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.6% | 9.4% | 8.1% | — |
| Net margin | 7.2% | 7.1% | 6.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | 19.2 | 36.1 | 34.3 |
| Price to sales | 1.4 | 2.7 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 15 Sept 2025.
| FY2026 | |
|---|---|
| Paid in the year | 12.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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