M 
163.20
+2.54%
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
₹8.84bn
FY2017FY2026
Net income
₹406.9m
FY2017FY2026
Free cash flow
−₹795.6m
FY2017FY2026
Shareholders' equity
₹3.49bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹8.84bn | ₹7.82bn | ₹7.40bn | ₹6.52bn | ₹6.49bn | ₹4.49bn | ₹2.45bn | ₹2.63bn | ₹2.53bn | ₹2.67bn |
| Operating income | ₹712.0m | ₹446.5m | ₹417.2m | ₹236.6m | ₹276.9m | ₹268.3m | ₹170.1m | ₹141.8m | ₹75.1m | ₹56.3m |
| Net income | ₹406.9m | ₹153.9m | ₹112.4m | ₹93.6m | ₹86.2m | ₹58.5m | ₹27.9m | −₹4.1m | ₹19.8m | ₹6.5m |
| Diluted earnings per share | 3.81 | 1.45 | 1.50 | 1.36 | 1.23 | 0.90 | 0.42 | -0.07 | 0.28 | 0.14 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹7.55bn | ₹6.46bn | ₹5.37bn | ₹5.48bn | ₹4.84bn | ₹4.39bn | ₹3.81bn | ₹3.54bn | ₹3.09bn | ₹2.34bn |
| Cash and short-term investments | ₹339.0m | ₹250.6m | ₹220.2m | ₹201.3m | ₹235.3m | ₹150.2m | ₹98.9m | ₹47.1m | ₹99.6m | ₹21.0m |
| Total liabilities | ₹4.06bn | ₹4.19bn | ₹3.85bn | ₹4.29bn | ₹3.75bn | ₹3.39bn | ₹2.88bn | ₹2.65bn | ₹2.21bn | ₹1.47bn |
| Debt | ₹1.15bn | ₹1.45bn | ₹1.78bn | ₹1.90bn | ₹1.78bn | ₹1.47bn | ₹1.38bn | ₹1.28bn | ₹1.23bn | ₹579.8m |
| Shareholders' equity | ₹3.49bn | ₹2.27bn | ₹1.52bn | ₹1.19bn | ₹1.09bn | ₹998.6m | ₹932.4m | ₹892.2m | ₹889.3m | ₹869.2m |
| Shares outstanding | 107m | 106m | 75m | 69m | 70m | 65m | 66m | 57m | 71m | 47m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹360.9m | ₹299.8m | ₹215.7m | ₹81.3m | −₹126.1m | ₹195.7m | ₹55.8m | ₹489.4m | −₹223.9m | ₹220.3m |
| Capital spending | −₹434.6m | −₹217.1m | −₹77.1m | −₹106.7m | −₹344.6m | −₹68.3m | −₹41.0m | −₹474.7m | −₹338.1m | −₹274.7m |
| Free cash flow | −₹795.6m | ₹82.6m | ₹138.5m | −₹25.3m | −₹470.7m | ₹127.3m | ₹14.8m | ₹14.7m | −₹562.0m | −₹54.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.62bn | ₹2.27bn | ₹1.87bn | ₹2.20bn | ₹2.50bn | ₹2.08bn | ₹2.05bn | ₹1.75bn |
| Operating income | ₹248.6m | ₹116.4m | ₹199.6m | ₹239.3m | ₹223.3m | ₹211.6m | ₹203.9m | ₹86.2m |
| Net income | ₹141.0m | ₹53.7m | ₹73.5m | ₹139.6m | ₹140.1m | ₹50.3m | ₹50.1m | ₹23.6m |
| Diluted earnings per share | 1.32 | 0.50 | 0.69 | 1.32 | 1.32 | 0.48 | 0.67 | 0.32 |
| Cash from operations | — | — | — | −₹149.0m | — | ₹299.0m | — | −₹18.0m |
| Capital spending | — | — | — | −₹123.0m | — | −₹217.0m | — | −₹24.0m |
| Free cash flow | — | — | — | −₹272.0m | — | ₹82.0m | — | −₹42.0m |
| Total assets | — | ₹7.55bn | — | ₹7.46bn | — | ₹6.46bn | — | ₹5.60bn |
| Cash and short-term investments | ₹339.0m | ₹339.0m | ₹302.4m | ₹302.4m | ₹250.6m | ₹250.6m | ₹159.7m | ₹164.1m |
| Debt | — | ₹1.15bn | — | ₹1.03bn | — | ₹1.45bn | — | ₹1.97bn |
| Shareholders' equity | ₹3.49bn | ₹3.49bn | ₹3.35bn | ₹3.35bn | ₹2.27bn | ₹2.27bn | ₹1.57bn | ₹1.57bn |
Financial ratios
Data as of 3 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 8.0% | 5.7% | 5.6% | 3.6% | 4.3% | 6.0% |
| Net margin | 4.6% | 2.0% | 1.5% | 1.4% | 1.3% | 1.3% |
| Return on equity | 11.7% | 6.8% | 7.4% | 7.8% | 7.9% | 5.9% |
| Return on assets | 5.4% | 2.4% | 2.1% | 1.7% | 1.8% | 1.3% |
| Free cash flow yield | 0.5% | 3.9% | 3.1% | 2.2% | 2.5% | 3.2% |
| Revenue growth | 13.2% | 5.6% | 13.5% | 0.4% | 44.7% | 83.4% |
| Earnings growth | 164.4% | 36.9% | 20.1% | 8.5% | 47.4% | 109.4% |
| Current ratio | 1.79x | 1.39x | 1.21x | 1.13x | 1.15x | 1.17x |
| Debt to equity | 0.33x | 0.64x | 1.17x | 1.59x | 1.63x | 1.48x |
| Equity ratio | 46.2% | 35.1% | 28.4% | 21.8% | 22.5% | 22.8% |
| Interest coverage | 2.43x | 1.34x | 1.27x | 1.08x | 1.20x | 1.39x |
| Buybacks as a share of market value | -0.9% | -41.6% | -9.0% | 2.1% | -7.5% | 1.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.7% | 14.5% | 14.7% |
| Operating income | 44.4% | 21.6% | 32.9% |
| Net income | 63.2% | 47.4% | 30.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.0% | 5.9% | 5.7% | 5.3% |
| Net margin | 3.4% | 2.5% | 2.2% | 1.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 40.7 | 90.6 | 78.5 | 20.7 | 14.6 | 47.3 | 18.8 | -63.1 | 26.8 | 149.3 |
| Price to sales | 1.9 | 1.8 | 1.2 | 0.3 | 0.2 | 0.6 | 0.2 | 0.1 | 0.2 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 9 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.10 | 0.05 | 0.03 | 0.03 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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