M 
145.55
+1.86%
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
₹3.13bn
FY2022FY2026
Net income
₹453.6m
FY2022FY2026
Free cash flow
−₹3.79bn
FY2022FY2026
Shareholders' equity
₹4.10bn
FY2022FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹3.13bn | ₹2.37bn | ₹1.68bn | ₹1.25bn | ₹939.8m |
| Gross profit | ₹1.02bn | ₹908.3m | ₹555.5m | ₹452.3m | ₹283.2m |
| Operating income | ₹839.6m | ₹733.0m | ₹414.7m | ₹340.1m | ₹248.9m |
| Net income | ₹453.6m | ₹378.0m | ₹311.8m | ₹165.8m | ₹97.4m |
| Diluted earnings per share | 9.03 | 7.51 | 6.21 | 3.30 | 1.94 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Total assets | ₹19.79bn | ₹14.66bn | ₹9.74bn | ₹7.87bn | ₹5.61bn |
| Cash and short-term investments | ₹2.67bn | ₹2.40bn | — | — | — |
| Total liabilities | ₹15.69bn | ₹10.97bn | ₹7.73bn | ₹6.19bn | ₹4.10bn |
| Debt | ₹15.56bn | ₹10.84bn | ₹3.48bn | ₹2.19bn | ₹1.26bn |
| Shareholders' equity | ₹4.10bn | ₹3.69bn | ₹2.01bn | ₹1.68bn | ₹1.52bn |
| Shares outstanding | 50m | 50m | 50m | 50m | 50m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash from operations | −₹3.78bn | −₹37.8m | −₹1.41bn | −₹1.24bn | ₹472.8m |
| Capital spending | −₹11.0m | −₹26.1m | −₹21.5m | −₹6.8m | −₹7.0m |
| Free cash flow | −₹3.79bn | −₹63.9m | −₹1.43bn | −₹1.25bn | ₹465.8m |
| Dividends paid | −₹50.2m | −₹293,667 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹926.1m | ₹923.7m | ₹843.0m | ₹723.3m | ₹630.4m | ₹655.2m | ₹643.8m | ₹614.1m |
| Gross profit | ₹466.7m | ₹334.9m | ₹262.7m | ₹232.5m | ₹175.9m | ₹348.4m | ₹224.9m | ₹226.2m |
| Operating income | ₹240.1m | ₹255.3m | ₹234.0m | ₹205.2m | ₹145.0m | ₹241.9m | ₹209.8m | ₹194.6m |
| Net income | ₹132.6m | ₹111.3m | ₹130.8m | ₹114.0m | ₹97.5m | ₹80.2m | ₹129.6m | ₹116.4m |
| Diluted earnings per share | 2.64 | 2.21 | 2.60 | 2.27 | 1.94 | 1.59 | 2.58 | 2.32 |
| Cash from operations | — | — | — | −₹1.88bn | — | −₹2.20bn | — | — |
| Capital spending | — | — | — | −₹4.0m | — | −₹22.0m | — | — |
| Free cash flow | — | — | — | −₹1.88bn | — | −₹2.23bn | — | — |
| Total assets | — | ₹19.79bn | — | ₹18.87bn | — | ₹14.66bn | — | ₹12.63bn |
| Cash and short-term investments | — | ₹2.67bn | — | ₹3.99bn | — | ₹2.40bn | — | ₹2.82bn |
| Debt | — | ₹15.49bn | — | ₹14.62bn | — | ₹17.06bn | — | ₹8.81bn |
| Shareholders' equity | — | ₹4.10bn | — | ₹3.89bn | — | ₹3.69bn | — | ₹3.54bn |
Financial ratios
Data as of 13 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Gross margin | 32.5% | 38.3% | 33.0% | 36.2% | 30.1% |
| Operating margin | 26.8% | 21.6% | 23.6% | 19.2% | 13.7% |
| Net margin | 14.5% | 16.0% | 18.5% | 13.3% | 10.4% |
| Return on equity | 11.1% | 10.2% | 15.5% | 9.8% | 6.4% |
| Return on assets | 2.3% | 2.6% | 3.2% | 2.1% | 1.7% |
| Free cash flow yield | -53.3% | -0.2% | -19.7% | -17.5% | — |
| Revenue growth | 32.3% | 40.7% | 34.7% | 33.0% | — |
| Earnings growth | 20.0% | 21.2% | 88.0% | 70.2% | — |
| Current ratio | 384.69x | 2.19x | 1.55x | 1.33x | 1.30x |
| Debt to equity | 3.78x | 4.62x | 1.74x | 1.30x | 0.83x |
| Equity ratio | 20.7% | 25.2% | 20.6% | 21.4% | 27.0% |
| Interest coverage | 98.68x | 47.98x | 35.30x | 20.00x | 66.14x |
| Buybacks as a share of market value | 0.1% | -0.2% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 35.9% | — | — |
| Operating income | 35.1% | — | — |
| Net income | 39.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 35.0% | 34.8% | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | 16.1 | 18.6 | 26.3 |
| Price to sales | 2.4 | 3.1 | 5.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 7 Aug 2026.
| FY2027 | FY2026 | FY2025 | |
|---|---|---|---|
| Paid in the year | 0.25 | 1.00 | 0.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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