M 
197.69
+1.73%
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
₹18.67bn
FY2017FY2026
Net income
₹1.50bn
FY2017FY2026
Free cash flow
−₹5.58bn
FY2017FY2026
Shareholders' equity
₹5.50bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹18.67bn | ₹10.59bn | ₹4.93bn | ₹5.08bn | ₹2.83bn | ₹1.31bn | ₹881.9m | ₹1.16bn | ₹899.2m | ₹786.6m |
| Operating income | ₹1.90bn | ₹1.40bn | −₹2.45bn | −₹2.85bn | −₹1.20bn | ₹323.2m | ₹244.7m | ₹192.5m | ₹176.3m | ₹61.5m |
| Net income | ₹1.50bn | ₹574.8m | ₹248.4m | ₹1.24bn | ₹570.2m | ₹202.4m | ₹148.4m | ₹121.2m | ₹51.1m | ₹117.3m |
| Diluted earnings per share | 3.43 | 1.31 | 0.57 | 2.83 | 1.30 | 0.46 | 0.34 | 0.28 | 0.12 | 0.27 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹16.82bn | ₹9.46bn | ₹8.04bn | ₹7.43bn | ₹4.39bn | ₹2.64bn | ₹1.89bn | ₹1.63bn | ₹1.53bn | ₹1.49bn |
| Cash and short-term investments | ₹248.2m | ₹467,000 | ₹118.7m | ₹212.7m | ₹82.4m | ₹4.7m | ₹9.5m | ₹489,000 | ₹202,000 | ₹1.1m |
| Total liabilities | ₹11.33bn | ₹5.42bn | ₹4.53bn | ₹4.14bn | ₹2.34bn | ₹1.15bn | ₹587.3m | ₹464.7m | ₹470.2m | ₹471.1m |
| Debt | ₹8.56bn | ₹3.18bn | ₹2.90bn | ₹3.23bn | ₹1.64bn | ₹703.2m | ₹399.8m | ₹264.7m | ₹356.6m | ₹335.6m |
| Shareholders' equity | ₹5.50bn | ₹4.04bn | ₹3.51bn | ₹3.28bn | ₹2.05bn | ₹1.49bn | ₹1.30bn | ₹1.17bn | ₹1.06bn | ₹1.02bn |
| Shares outstanding | 438m | 438m | 439m | 438m | 438m | 438m | 438m | 438m | 438m | 438m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹1.60bn | ₹962.1m | ₹1.49bn | −₹700.4m | −₹719.3m | ₹300.5m | ₹144.4m | ₹150.4m | ₹192.2m | ₹80.8m |
| Capital spending | −₹3.99bn | −₹1.08bn | −₹1.05bn | −₹700.7m | −₹132.4m | −₹562.6m | −₹226.5m | −₹13.8m | −₹160.6m | −₹223.5m |
| Free cash flow | −₹5.58bn | −₹118.1m | ₹438.0m | −₹1.40bn | −₹851.7m | −₹262.1m | −₹82.1m | ₹136.6m | ₹31.5m | −₹142.7m |
| Dividends paid | −₹43.6m | −₹43.8m | −₹21.9m | −₹10.9m | −₹10.9m | −₹10.9m | −₹11.0m | −₹11.0m | −₹12.8m | −₹12.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.16bn | ₹3.95bn | ₹6.12bn | ₹4.50bn | ₹4.10bn | ₹2.97bn | ₹2.84bn | ₹2.78bn |
| Operating income | ₹536.6m | ₹321.5m | ₹572.1m | ₹1.22bn | ₹476.8m | ₹278.2m | ₹308.1m | ₹276.7m |
| Net income | ₹329.6m | ₹597.6m | ₹317.6m | ₹304.6m | ₹282.1m | ₹142.5m | ₹179.0m | ₹138.4m |
| Diluted earnings per share | 0.75 | 1.36 | 0.72 | 0.70 | 0.64 | 0.33 | 0.41 | 0.32 |
| Cash from operations | — | — | — | ₹1.12bn | — | ₹962.0m | — | ₹1.24bn |
| Capital spending | — | — | — | −₹1.04bn | — | −₹1.08bn | — | −₹250.0m |
| Free cash flow | — | — | — | ₹80.0m | — | −₹118.0m | — | ₹993.0m |
| Total assets | — | ₹16.82bn | — | ₹12.07bn | — | ₹9.46bn | — | ₹8.04bn |
| Cash and short-term investments | ₹417,000 | ₹248.2m | ₹250.5m | ₹250.5m | ₹118.8m | ₹118.7m | ₹349.1m | ₹419.8m |
| Debt | — | ₹8.55bn | — | ₹3.12bn | — | ₹3.18bn | — | ₹2.28bn |
| Shareholders' equity | ₹5.50bn | ₹5.50bn | ₹4.58bn | ₹4.58bn | ₹4.04bn | ₹4.04bn | ₹3.72bn | ₹3.72bn |
Financial ratios
Data as of 19 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 10.2% | 13.2% | -49.7% | -56.2% | -42.3% | 24.7% |
| Net margin | 8.0% | 5.4% | 5.0% | 24.4% | 20.1% | 15.4% |
| Return on equity | 27.3% | 14.2% | 7.1% | 37.8% | 27.8% | 13.6% |
| Return on assets | 8.9% | 6.1% | 3.1% | 16.7% | 13.0% | 7.7% |
| Free cash flow yield | 3.4% | 2.9% | 3.6% | 0.0% | -0.8% | 1.2% |
| Revenue growth | 76.3% | 114.7% | -2.9% | 79.2% | 116.2% | 48.7% |
| Earnings growth | 161.3% | 131.3% | -80.0% | 117.8% | 181.7% | 36.4% |
| Current ratio | 1.44x | 1.45x | 1.38x | 1.58x | 1.51x | 1.50x |
| Debt to equity | 1.56x | 0.79x | 0.83x | 0.98x | 0.80x | 0.47x |
| Equity ratio | 32.7% | 42.7% | 43.6% | 44.2% | 46.8% | 56.5% |
| Interest coverage | 5.86x | 4.97x | -9.69x | -17.36x | -15.89x | 8.50x |
| Buybacks as a share of market value | 0.0% | 0.1% | -0.1% | 0.0% | -0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 54.3% | 70.1% | 40.0% |
| Operating income | — | 42.4% | 41.2% |
| Net income | 6.5% | 49.3% | 31.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.2% | -5.1% | -6.7% | -4.5% |
| Net margin | 7.1% | 9.1% | 10.0% | 10.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 54.9 | 64.3 | 81.0 | 20.9 | 42.1 | 19.0 | 10.3 | 7.1 | 10.7 | 6.3 |
| Price to sales | 4.4 | 3.5 | 4.1 | 5.1 | 8.5 | 2.9 | 1.7 | 0.7 | 0.6 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 17 Jun 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.10 | 0.10 | 0.05 | 0.025 | 0.025 | 0.025 | 0.025 |
- 2-for-1 split · 20 Oct 2023
- 2-for-1 split · 18 Oct 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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