M 
99.91
+1.35%
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
₹3.12bn
FY2017FY2026
Net income
₹126.9m
FY2017FY2026
Free cash flow
−₹215.6m
FY2017FY2026
Shareholders' equity
₹1.85bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.12bn | ₹2.73bn | ₹2.62bn | ₹2.10bn | ₹2.12bn | ₹2.54bn | ₹2.83bn | ₹5.20bn | ₹2.04bn | ₹2.01bn |
| Research and development | ₹120,440 | ₹20,630 | ₹177,360 | ₹103,970 | ₹284,260 | ₹27,500 | ₹97,030 | ₹539,250 | ₹487,000 | ₹1.1m |
| Operating income | ₹184.3m | ₹129.9m | ₹28.9m | −₹137.1m | −₹79.0m | ₹261.7m | ₹337.0m | ₹173.1m | ₹140.3m | ₹101.3m |
| Net income | ₹126.9m | ₹72.1m | ₹16.7m | −₹123.1m | −₹79.1m | ₹189.6m | ₹230.4m | ₹114.4m | ₹49.4m | ₹99.0m |
| Diluted earnings per share | 4.57 | 2.58 | 0.60 | -4.41 | -2.84 | 6.79 | 8.25 | 4.10 | 1.78 | 3.56 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹3.52bn | ₹2.92bn | ₹2.57bn | ₹2.53bn | ₹2.80bn | ₹2.68bn | ₹2.64bn | ₹2.21bn | ₹1.96bn | ₹1.84bn |
| Cash and short-term investments | ₹300,000 | ₹16.9m | ₹30.1m | ₹81.2m | ₹400,000 | ₹44.4m | ₹111.1m | ₹4.1m | ₹8.3m | ₹173.2m |
| Total liabilities | ₹1.67bn | ₹1.19bn | ₹918.1m | ₹897.7m | ₹1.04bn | ₹815.1m | ₹932.6m | ₹712.5m | ₹562.4m | ₹500.0m |
| Debt | ₹453.1m | ₹254.0m | ₹159.0m | ₹151.5m | ₹251.9m | ₹264,000 | ₹131.1m | ₹34.2m | ₹36.7m | ₹2.1m |
| Shareholders' equity | ₹1.85bn | ₹1.73bn | ₹1.65bn | ₹1.63bn | ₹1.75bn | ₹1.86bn | ₹1.70bn | ₹1.50bn | ₹1.40bn | ₹1.34bn |
| Shares outstanding | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹193.9m | −₹43.9m | ₹15.8m | ₹190.3m | −₹231.3m | ₹110.1m | ₹96.4m | ₹48.2m | −₹146.9m | −₹49.7m |
| Capital spending | −₹21.7m | −₹19.6m | −₹24.8m | −₹21.8m | −₹8.2m | −₹13.8m | −₹31.0m | −₹22.4m | −₹6.2m | −₹29.1m |
| Free cash flow | −₹215.6m | −₹63.5m | −₹9.0m | ₹168.5m | −₹239.5m | ₹96.2m | ₹65.3m | ₹25.8m | −₹153.2m | −₹78.9m |
| Dividends paid | — | — | — | — | −₹33.5m | −₹33.3m | −₹32.9m | −₹16.4m | −₹16.4m | −₹16.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹541.6m | ₹1.07bn | ₹934.7m | ₹495.8m | ₹621.7m | ₹958.9m | ₹814.5m | ₹500.2m |
| Operating income | −₹20.8m | ₹62.5m | ₹96.8m | ₹5.6m | ₹19.4m | ₹83.5m | ₹88.5m | −₹37.6m |
| Net income | −₹21.4m | ₹47.9m | ₹64.9m | ₹4.3m | ₹9.8m | ₹62.5m | ₹63.5m | −₹27.6m |
| Diluted earnings per share | -0.77 | 1.72 | 2.32 | 0.15 | 0.35 | 2.24 | 2.27 | -0.99 |
| Cash from operations | — | — | — | −₹103.0m | — | — | — | — |
| Capital spending | — | — | — | −₹11.0m | — | — | — | — |
| Free cash flow | — | — | — | −₹114.0m | — | — | — | — |
| Total assets | — | ₹3.52bn | — | ₹3.01bn | — | ₹2.92bn | — | ₹2.61bn |
| Cash and short-term investments | ₹300,000 | ₹16.0m | ₹17.8m | ₹17.8m | ₹16.9m | ₹45.1m | ₹119.0m | ₹126.0m |
| Debt | — | ₹452.7m | — | ₹365.1m | — | ₹253.0m | — | ₹231.7m |
| Shareholders' equity | ₹1.85bn | ₹1.85bn | ₹1.74bn | ₹1.74bn | ₹1.73bn | ₹1.73bn | ₹1.60bn | ₹1.60bn |
Financial ratios
Data as of 23 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.9% | 4.8% | 2.0% | -6.5% | -3.9% | 10.3% |
| Net margin | 4.1% | 2.6% | 0.6% | -5.9% | -3.7% | 7.5% |
| Return on equity | 6.9% | 4.2% | 1.0% | -7.5% | -4.5% | 10.2% |
| Return on assets | 3.6% | 2.5% | 0.6% | -4.9% | -2.8% | 7.1% |
| Free cash flow yield | -6.3% | -0.9% | 1.5% | 7.8% | -8.3% | 4.6% |
| Revenue growth | 14.5% | 3.9% | 24.8% | -0.7% | -16.6% | -10.4% |
| Earnings growth | 76.0% | 331.7% | -113.6% | 55.7% | -141.7% | -17.7% |
| Current ratio | 1.74x | 2.13x | 2.35x | 2.20x | 1.96x | 2.44x |
| Debt to equity | 0.24x | 0.15x | 0.09x | 0.09x | 0.14x | 0.00x |
| Equity ratio | 52.6% | 59.2% | 64.3% | 64.5% | 62.7% | 69.5% |
| Interest coverage | 5.87x | 5.70x | 1.97x | -6.18x | -4.20x | 30.38x |
| R&D as a share of sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -0.0% | 0.1% | -0.2% | -0.3% | 0.3% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.1% | 4.2% | 4.3% |
| Operating income | — | -6.8% | 1.5% |
| Net income | — | -7.7% | 3.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.4% | 1.9% | 2.6% | 4.4% |
| Net margin | 3.4% | 0.9% | 1.3% | 2.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 21.6 | 49.8 | 191.8 | -29.7 | -37.4 | 17.4 | 18.9 |
| Price to sales | 0.9 | 1.3 | 1.2 | 1.7 | 1.4 | 1.3 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Jul 2021.
| FY2022 | FY2021 | |
|---|---|---|
| Paid in the year | 1.20 | 1.20 |
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.