K 
735.90
-1.53%
Close of 9 Nov 2026, in INR
Search any instrument
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
₹4.51bn
FY2017FY2026
Net income
−₹53.7m
FY2017FY2026
Free cash flow
−₹288.0m
FY2017FY2026
Shareholders' equity
₹4.41bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.51bn | ₹4.77bn | ₹6.08bn | ₹6.70bn | ₹3.99bn | ₹2.76bn | ₹2.13bn | ₹2.38bn | ₹2.63bn | ₹2.69bn |
| Research and development | ₹55.2m | ₹198.3m | ₹162.1m | ₹132.0m | ₹98.3m | ₹79.9m | ₹121.5m | ₹100.6m | ₹88.6m | ₹86.5m |
| Operating income | ₹36.1m | ₹509.9m | ₹450.1m | ₹626.1m | ₹459.3m | ₹323.5m | ₹77.5m | ₹134.2m | ₹228.2m | ₹337.0m |
| Net income | −₹53.7m | ₹322.0m | ₹338.2m | ₹375.0m | ₹302.7m | ₹245.6m | ₹74.7m | ₹243.7m | ₹200.0m | ₹276.9m |
| Diluted earnings per share | -1.53 | 9.21 | 9.66 | 10.72 | 8.66 | 7.71 | 2.34 | 7.62 | 6.23 | 8.66 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹7.67bn | ₹7.87bn | ₹7.16bn | ₹6.35bn | ₹5.68bn | ₹3.99bn | ₹3.69bn | ₹3.43bn | ₹3.39bn | ₹2.66bn |
| Cash and short-term investments | ₹283.3m | ₹614.7m | ₹858.0m | ₹717.0m | ₹404.6m | ₹476.0m | ₹264.9m | ₹158.4m | ₹143.5m | ₹150.4m |
| Total liabilities | ₹3.26bn | ₹3.25bn | ₹2.64bn | ₹2.51bn | ₹2.39bn | ₹1.21bn | ₹1.37bn | ₹964.6m | ₹1.05bn | ₹823.9m |
| Debt | ₹1.45bn | ₹1.28bn | ₹855.7m | ₹739.8m | ₹584.7m | ₹239.9m | ₹267.6m | ₹94.6m | ₹41.0m | ₹83.7m |
| Shareholders' equity | ₹4.41bn | ₹4.62bn | ₹4.52bn | ₹3.83bn | ₹3.29bn | ₹2.78bn | ₹2.32bn | ₹2.46bn | ₹2.33bn | ₹1.84bn |
| Shares outstanding | 35m | 35m | 35m | 35m | 35m | 32m | 32m | 32m | 32m | 32m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹89.6m | ₹428.6m | ₹328.4m | −₹57.3m | −₹622.0m | ₹381.0m | ₹284.5m | ₹59.8m | ₹120.0m | ₹183.1m |
| Capital spending | −₹377.7m | −₹625.0m | −₹504.2m | −₹322.4m | −₹234.0m | −₹109.3m | −₹335.2m | −₹212.9m | −₹24.6m | −₹152.1m |
| Free cash flow | −₹288.0m | −₹196.4m | −₹175.9m | −₹379.7m | −₹856.0m | ₹271.8m | −₹50.7m | −₹153.1m | ₹95.4m | ₹31.1m |
| Dividends paid | −₹87.4m | −₹122.4m | −₹117.6m | −₹96.2m | −₹79.8m | −₹79.8m | −₹47.9m | −₹63.8m | −₹63.8m | −₹63.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.24bn | ₹1.20bn | ₹1.10bn | ₹1.35bn | ₹859.7m | ₹1.40bn | ₹1.21bn | ₹1.28bn |
| Operating income | −₹19.7m | −₹49.6m | −₹52.1m | ₹9.7m | −₹92.1m | ₹951.5m | ₹90.9m | ₹170.3m |
| Net income | −₹17.4m | ₹69.0m | −₹49.8m | ₹3.3m | −₹76.1m | ₹108.3m | ₹70.4m | ₹123.3m |
| Diluted earnings per share | -0.50 | 1.97 | -1.42 | 0.09 | -2.18 | 3.10 | 2.01 | 3.52 |
| Cash from operations | — | — | — | −₹99.0m | — | ₹428.0m | — | ₹187.0m |
| Capital spending | — | — | — | −₹44.0m | — | −₹624.0m | — | −₹165.0m |
| Free cash flow | — | — | — | −₹143.0m | — | −₹196.0m | — | ₹22.0m |
| Total assets | — | ₹7.67bn | — | ₹7.93bn | — | ₹7.87bn | — | ₹7.43bn |
| Cash and short-term investments | ₹280.0m | ₹283.3m | ₹438.6m | ₹438.6m | ₹636.9m | ₹614.7m | ₹571.8m | ₹571.8m |
| Debt | — | ₹1.44bn | — | ₹1.43bn | — | ₹1.28bn | — | ₹1.12bn |
| Shareholders' equity | ₹4.41bn | ₹4.41bn | ₹4.46bn | ₹4.46bn | ₹4.62bn | ₹4.62bn | ₹4.63bn | ₹4.63bn |
Financial ratios
Data as of 6 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 0.8% | 6.1% | 8.5% | 9.5% | 11.5% | 12.0% |
| Net margin | -1.2% | 6.8% | 5.6% | 5.6% | 7.6% | 8.9% |
| Return on equity | -1.2% | 7.0% | 7.5% | 9.8% | 9.2% | 8.8% |
| Return on assets | -0.7% | 4.1% | 4.7% | 5.9% | 5.3% | 6.2% |
| Free cash flow yield | 1.6% | 3.7% | 2.9% | 0.9% | -1.4% | 1.9% |
| Revenue growth | -5.4% | -21.5% | -9.3% | 67.9% | 44.4% | 29.8% |
| Earnings growth | -116.7% | -4.8% | -9.8% | 23.9% | 23.3% | 228.8% |
| Current ratio | 1.55x | 1.67x | 1.89x | 1.87x | 1.70x | 1.93x |
| Debt to equity | 0.33x | 0.27x | 0.19x | 0.19x | 0.18x | 0.09x |
| Equity ratio | 57.5% | 58.7% | 63.1% | 60.4% | 57.9% | 69.7% |
| Interest coverage | 0.32x | 2.59x | 5.30x | 7.02x | 17.17x | 12.32x |
| R&D as a share of sales | 1.2% | 4.2% | 2.7% | 2.0% | 2.5% | 2.9% |
| Buybacks as a share of market value | 0.0% | 0.1% | -0.1% | -0.1% | -9.7% | 0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.4% | 10.3% | 4.3% |
| Operating income | -61.4% | -35.5% | -19.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.9% | 7.4% | 8.3% | 8.4% |
| Net margin | 2.9% | 4.4% | 5.3% | 6.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -480.0 | 24.7 | 57.1 | 39.7 | 56.3 | 61.3 | 41.6 | 8.3 | 12.1 | 14.8 |
| Price to sales | 5.7 | 1.7 | 3.2 | 2.2 | 4.3 | 5.5 | 1.5 | 0.8 | 0.9 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 9 Jul 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.50 | 3.50 | 3.50 | 3.00 | 2.50 | 1.50 | 2.00 | 2.00 |
- 2-for-1 split · 6 Sept 2010
- 2-for-1 split · 17 May 2010
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.