M 
18.64
-1.06%
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
₹4.65bn
FY2017FY2026
Net income
−₹113.8m
FY2017FY2026
Free cash flow
−₹718.7m
FY2017FY2026
Shareholders' equity
₹6.90bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.65bn | ₹3.96bn | ₹4.61bn | ₹4.60bn | ₹3.28bn | ₹1.77bn | ₹2.41bn | ₹2.76bn | ₹2.55bn | ₹2.12bn |
| Gross profit | ₹625.3m | ₹654.3m | ₹537.7m | ₹1.22bn | ₹783.6m | ₹501.8m | ₹712.2m | ₹812.2m | ₹760.2m | ₹481.4m |
| Operating income | ₹219.0m | ₹311.2m | ₹85.4m | ₹733.5m | ₹69.9m | ₹18.2m | −₹90.3m | ₹32.4m | ₹12.2m | ₹1.03bn |
| Net income | −₹113.8m | ₹95.0m | ₹247.0m | ₹708.6m | ₹51.5m | ₹13.4m | −₹121.8m | −₹644,749 | ₹7.7m | ₹1.03bn |
| Diluted earnings per share | -1.66 | 1.39 | 3.87 | 14.14 | 1.31 | 0.35 | -3.34 | -0.02 | 0.20 | 27.77 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹12.23bn | ₹11.49bn | ₹11.35bn | ₹10.43bn | ₹3.15bn | ₹3.15bn | ₹2.91bn | ₹3.16bn | ₹3.10bn | ₹3.11bn |
| Cash and short-term investments | ₹102.0m | ₹168.5m | ₹474.7m | ₹43.6m | ₹52.6m | ₹87.9m | ₹80.6m | ₹89.3m | ₹66.2m | ₹78.9m |
| Total liabilities | ₹5.33bn | ₹4.54bn | ₹4.54bn | ₹4.59bn | ₹3.66bn | ₹3.72bn | ₹3.24bn | ₹3.37bn | ₹3.31bn | ₹3.32bn |
| Debt | ₹2.68bn | ₹2.12bn | ₹1.99bn | ₹1.88bn | ₹2.98bn | ₹3.02bn | ₹3.11bn | ₹2.93bn | ₹2.78bn | ₹2.91bn |
| Shareholders' equity | ₹6.90bn | ₹6.95bn | ₹6.81bn | ₹5.84bn | −₹511.7m | −₹567.3m | −₹329.1m | −₹207.3m | −₹206.7m | −₹214.3m |
| Shares outstanding | 68m | 68m | 64m | 50m | 39m | 38m | 36m | 39m | 38m | 37m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹239.5m | ₹399.6m | ₹208.6m | ₹991.2m | ₹229.5m | ₹84.3m | ₹174.5m | ₹105.7m | ₹219.7m | ₹16.1m |
| Capital spending | −₹958.2m | −₹1.00bn | −₹557.1m | −₹47.2m | −₹203.9m | −₹108.0m | −₹115.8m | −₹168.7m | −₹110.5m | −₹67.9m |
| Free cash flow | −₹718.7m | −₹600.5m | −₹348.6m | ₹944.1m | ₹25.6m | −₹23.6m | ₹58.7m | −₹63.1m | ₹109.2m | −₹51.8m |
| Dividends paid | — | — | — | −₹909.1m | −₹150.3m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.23bn | ₹1.29bn | ₹1.02bn | ₹1.19bn | ₹1.16bn | ₹1.19bn | ₹1.03bn | ₹836.2m |
| Gross profit | ₹157.2m | ₹232.9m | ₹190.9m | ₹179.0m | ₹294.7m | ₹209.4m | ₹413.7m | ₹430.3m |
| Operating income | ₹48.7m | ₹128.1m | ₹78.4m | ₹85.0m | −₹72.4m | ₹104.2m | ₹86.5m | ₹118.5m |
| Net income | −₹82.8m | ₹53.2m | ₹2.6m | ₹12.0m | −₹181.6m | ₹53.9m | ₹83.7m | ₹87.7m |
| Diluted earnings per share | -1.21 | 0.78 | 0.04 | 0.18 | -2.65 | 0.79 | 1.31 | 1.37 |
| Cash from operations | — | — | — | ₹56.0m | — | ₹399.0m | — | ₹243.0m |
| Capital spending | — | — | — | −₹388.0m | — | −₹922.0m | — | −₹562.0m |
| Free cash flow | — | — | — | −₹332.0m | — | −₹523.0m | — | −₹319.0m |
| Total assets | ₹12.60bn | ₹12.23bn | ₹12.08bn | ₹11.99bn | ₹11.50bn | ₹11.49bn | ₹11.46bn | ₹11.57bn |
| Cash and short-term investments | ₹343.6m | ₹102.0m | ₹157.3m | ₹241.4m | ₹95.6m | ₹168.5m | ₹74.9m | ₹145.5m |
| Debt | ₹2.78bn | ₹2.39bn | ₹2.41bn | ₹2.36bn | ₹2.19bn | ₹2.08bn | ₹1.93bn | ₹1.91bn |
| Shareholders' equity | ₹6.81bn | ₹6.90bn | ₹6.84bn | ₹6.78bn | ₹6.77bn | ₹6.95bn | ₹6.90bn | ₹6.99bn |
Financial ratios
Data as of 2 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 13.4% | 16.5% | 11.7% | 26.6% | 23.9% | 28.4% |
| Operating margin | 5.1% | 8.1% | 3.4% | 15.9% | 2.2% | 1.0% |
| Net margin | -2.4% | 2.4% | 5.4% | 15.4% | 1.6% | 0.8% |
| Return on equity | -1.6% | 1.4% | 3.6% | 12.1% | -10.1% | -2.4% |
| Return on assets | -0.9% | 0.8% | 2.2% | 6.8% | 1.6% | 0.4% |
| Free cash flow yield | 98.2% | 114.8% | 67.3% | 116.3% | 61.7% | 28.3% |
| Revenue growth | 17.5% | -14.1% | 0.2% | 40.1% | 85.9% | -26.6% |
| Earnings growth | -219.8% | -61.6% | -65.1% | 1276.6% | 283.8% | -111.0% |
| Current ratio | 2.17x | 2.33x | 2.51x | 0.83x | 0.72x | 1.05x |
| Debt to equity | 0.35x | 0.26x | 0.24x | 0.29x | -5.42x | -5.21x |
| Equity ratio | 56.4% | 60.5% | 60.0% | 56.0% | -16.2% | -18.0% |
| Interest coverage | 0.60x | 1.00x | 3.14x | 18.32x | 2.95x | 1.13x |
| Buybacks as a share of market value | 0.0% | -7.1% | -27.5% | -27.2% | -3.2% | -4.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 21.4% | 7.3% |
| Operating income | -33.2% | 64.4% | — |
| Net income | — | — | -18.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.9% | 17.1% | 18.9% | 21.5% |
| Operating margin | 6.2% | 7.6% | 6.3% | 4.3% |
| Net margin | -0.2% | 5.3% | 4.4% | 2.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.0 | 16.7 | 10.2 | 3.2 | 14.2 | 26.5 | -1.4 | -222.1 | 30.9 | 0.5 |
| Price to sales | 0.3 | 0.4 | 0.6 | 0.5 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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