M 
279.55
+1.40%
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
₹1.98bn
FY2017FY2026
Net income
₹96.4m
FY2017FY2026
Free cash flow
−₹397.1m
FY2017FY2026
Shareholders' equity
₹2.76bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.98bn | ₹1.63bn | ₹1.79bn | ₹1.41bn | ₹1.15bn | ₹1.13bn | ₹1.26bn | ₹1.23bn | ₹1.12bn | ₹824.6m |
| Research and development | — | — | — | ₹14.1m | ₹10.5m | ₹6.9m | ₹7.7m | ₹3.0m | ₹5.6m | ₹4.2m |
| Operating income | ₹123.7m | ₹130.4m | ₹516.8m | ₹182.5m | ₹187.1m | ₹175.0m | ₹189.1m | ₹184.6m | ₹147.4m | ₹63.6m |
| Net income | ₹96.4m | ₹71.1m | ₹109.3m | ₹148.4m | ₹149.0m | ₹121.3m | ₹132.9m | ₹120.3m | ₹101.1m | ₹51.6m |
| Diluted earnings per share | 7.11 | 5.24 | 8.60 | 11.73 | 11.78 | 9.92 | 10.89 | 9.97 | 8.66 | 4.52 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹3.72bn | ₹2.97bn | ₹2.95bn | ₹2.79bn | ₹2.26bn | ₹1.94bn | ₹1.81bn | ₹1.37bn | ₹1.18bn | ₹734.0m |
| Cash and short-term investments | ₹312.6m | ₹37.6m | ₹147.9m | ₹207.8m | ₹38.2m | ₹38.9m | ₹17.1m | ₹73.5m | ₹217.1m | ₹19.1m |
| Total liabilities | ₹964.4m | ₹841.0m | ₹875.7m | ₹851.0m | ₹792.2m | ₹611.2m | ₹600.7m | ₹499.6m | ₹429.4m | ₹466.2m |
| Debt | ₹477.8m | ₹332.5m | ₹311.1m | ₹257.1m | ₹258.0m | ₹188.2m | ₹114.7m | ₹117.6m | ₹145.0m | ₹207.5m |
| Shareholders' equity | ₹2.76bn | ₹2.13bn | ₹2.07bn | ₹1.93bn | ₹1.46bn | ₹1.33bn | ₹1.21bn | ₹866.3m | ₹746.1m | ₹267.8m |
| Shares outstanding | 14m | 14m | 13m | 13m | 13m | 12m | 12m | 12m | 12m | 11m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹349.3m | −₹98.6m | −₹67.4m | −₹62.9m | ₹41.1m | ₹127.7m | ₹128.0m | ₹43.0m | −₹54.5m | ₹35.9m |
| Capital spending | −₹47.8m | −₹20.7m | −₹62.9m | −₹66.0m | −₹86.1m | −₹179.7m | −₹376.1m | −₹156.8m | −₹81.9m | −₹23.2m |
| Free cash flow | −₹397.1m | −₹119.3m | −₹130.3m | −₹128.9m | −₹45.0m | −₹51.9m | −₹248.1m | −₹113.8m | −₹136.4m | ₹12.7m |
| Dividends paid | −₹13.6m | −₹12.7m | −₹12.7m | −₹12.7m | −₹12.2m | −₹6.1m | −₹12.2m | −₹12.2m | −₹11.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹479.0m | ₹606.5m | ₹469.1m | ₹471.7m | ₹430.4m | ₹296.1m | ₹451.4m | ₹447.4m |
| Operating income | ₹25.4m | ₹37.1m | ₹25.5m | ₹33.0m | ₹28.1m | ₹31.4m | ₹45.0m | ₹27.1m |
| Net income | ₹21.2m | ₹38.6m | ₹21.9m | ₹26.7m | ₹21.5m | ₹24.2m | ₹29.2m | ₹14.6m |
| Diluted earnings per share | 1.56 | 2.84 | 1.61 | 1.97 | 1.59 | 1.78 | 2.30 | 1.15 |
| Cash from operations | — | — | — | −₹124.0m | — | — | — | — |
| Capital spending | — | — | — | −₹21.0m | — | — | — | — |
| Free cash flow | — | — | — | −₹145.0m | — | — | — | — |
| Total assets | — | ₹3.72bn | — | ₹3.67bn | — | ₹2.97bn | — | ₹2.89bn |
| Cash and short-term investments | ₹312.6m | ₹312.6m | ₹436.8m | ₹436.8m | ₹37.6m | ₹37.6m | ₹64.2m | ₹64.2m |
| Debt | — | ₹477.8m | — | ₹386.5m | — | ₹332.5m | — | ₹201.7m |
| Shareholders' equity | ₹2.76bn | ₹2.76bn | ₹2.75bn | ₹2.75bn | ₹2.13bn | ₹2.13bn | ₹2.16bn | ₹2.16bn |
Financial ratios
Data as of 24 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 7.8% | 8.0% | 9.7% | 12.5% | 17.4% | 15.9% | — | — | — |
| Net margin | 4.9% | 4.4% | 6.1% | 10.5% | 12.9% | 10.8% | — | — | — |
| Return on equity | 3.5% | 3.3% | 5.3% | 7.7% | 10.2% | 9.1% | — | — | — |
| Return on assets | 2.6% | 2.4% | 3.7% | 5.3% | 6.6% | 6.3% | — | — | — |
| Free cash flow yield | -8.8% | -2.3% | -0.1% | 0.1% | 4.0% | 9.9% | — | — | — |
| Revenue growth | 21.7% | -9.3% | 27.3% | 22.0% | 2.4% | -10.2% | — | — | — |
| Earnings growth | 35.6% | -35.0% | -26.4% | -0.4% | 22.8% | -8.7% | — | — | — |
| Current ratio | 2.54x | 2.11x | 1.89x | 1.98x | 1.69x | 1.80x | — | — | — |
| Debt to equity | 0.17x | 0.16x | 0.15x | 0.13x | 0.18x | 0.14x | — | — | — |
| Equity ratio | 74.1% | 71.7% | 70.3% | 69.4% | 64.9% | 68.5% | — | — | — |
| Interest coverage | 4.43x | 4.13x | 3.97x | 5.20x | 10.32x | 11.85x | — | — | — |
| R&D as a share of sales | — | — | — | 1.0% | 0.9% | 0.6% | 0.6% | 0.2% | 0.5% |
| Buybacks as a share of market value | 0.0% | -6.8% | -0.4% | 0.0% | -3.5% | -0.2% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.0% | 11.9% | 11.4% |
| Operating income | -12.2% | -6.7% | 33.0% |
| Net income | -13.4% | -4.5% | 35.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.1% | 14.0% | 14.5% | 13.4% |
| Net margin | 4.6% | 6.2% | 7.7% | 7.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | 36.9 | 69.6 | 59.6 | 51.4 | 70.5 | 89.5 |
| Price to sales | 1.8 | 3.0 | 3.6 | 5.4 | 9.1 | 9.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 19 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 2.00 | 2.00 | 1.00 | 1.00 |
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.