M 
176.29
+0.35%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹886.67bn
FY2017FY2026
Net income
₹19.25bn
FY2017FY2026
Free cash flow
₹4.31bn
FY2017FY2026
Shareholders' equity
₹141.97bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹886.67bn | ₹946.43bn | ₹903.73bn | ₹1.09trn | ₹698.15bn | ₹315.52bn | ₹503.69bn | ₹631.70bn | ₹489.29bn | ₹295.54bn |
| Research and development | — | ₹401.8m | ₹17.5m | ₹5.7m | ₹268,000 | ₹2.4m | ₹16.9m | ₹19.3m | ₹17.8m | ₹53.5m |
| Operating income | ₹47.16bn | ₹12.34bn | ₹67.74bn | ₹68.01bn | ₹41.45bn | −₹821.3m | −₹45.22bn | ₹14.28bn | ₹37.23bn | ₹60.18bn |
| Net income | ₹19.25bn | ₹562.0m | ₹35.97bn | ₹26.55bn | ₹29.58bn | −₹7.65bn | −₹33.55bn | ₹3.40bn | ₹19.93bn | ₹34.73bn |
| Diluted earnings per share | 10.98 | 0.32 | 20.47 | 15.17 | 16.84 | -4.36 | -19.16 | 1.94 | 11.44 | 19.81 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹444.81bn | ₹344.35bn | ₹354.30bn | ₹351.45bn | ₹400.71bn | ₹347.29bn | ₹306.42bn | ₹327.66bn | ₹319.51bn | ₹328.40bn |
| Cash and short-term investments | ₹6.11bn | ₹313.9m | ₹97.3m | ₹389.2m | ₹55.2m | ₹258.3m | ₹18.0m | ₹46.7m | ₹5.28bn | ₹5.22bn |
| Total liabilities | ₹302.84bn | ₹214.65bn | ₹221.48bn | ₹252.81bn | ₹328.62bn | ₹304.81bn | ₹235.58bn | ₹225.20bn | ₹215.63bn | ₹229.65bn |
| Debt | ₹153.41bn | ₹131.43bn | ₹126.87bn | ₹169.39bn | ₹213.10bn | ₹240.62bn | ₹179.44bn | ₹156.18bn | ₹148.81bn | ₹132.60bn |
| Shareholders' equity | ₹141.97bn | ₹129.70bn | ₹132.83bn | ₹98.65bn | ₹72.09bn | ₹42.48bn | ₹68.35bn | ₹99.46bn | ₹102.33bn | ₹95.02bn |
| Shares outstanding | 1,753m | 1,752m | 1,757m | 1,750m | 1,756m | 1,753m | 1,751m | 1,753m | 1,742m | 1,753m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹18.43bn | ₹18.78bn | ₹70.45bn | ₹63.64bn | ₹46.93bn | −₹28.02bn | ₹4.78bn | ₹12.03bn | ₹39.72bn | −₹11.69bn |
| Capital spending | −₹14.12bn | −₹9.90bn | −₹15.56bn | −₹7.03bn | −₹6.11bn | −₹9.14bn | −₹14.94bn | −₹9.65bn | −₹10.71bn | −₹8.62bn |
| Free cash flow | ₹4.31bn | ₹8.88bn | ₹54.89bn | ₹56.62bn | ₹40.82bn | −₹37.16bn | −₹10.16bn | ₹2.38bn | ₹29.01bn | −₹20.31bn |
| Dividends paid | −₹7.01bn | −₹3.51bn | −₹1.75bn | — | — | — | −₹2.11bn | −₹6.34bn | −₹12.66bn | −₹10.52bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹382.54bn | ₹239.50bn | ₹247.12bn | ₹226.49bn | ₹173.56bn | ₹245.58bn | ₹218.71bn | ₹249.68bn |
| Operating income | ₹9.16bn | ₹13.88bn | ₹23.94bn | ₹11.18bn | −₹1.44bn | ₹7.92bn | ₹7.00bn | −₹8.16bn |
| Net income | ₹9.46bn | ₹1.17bn | ₹14.51bn | ₹6.27bn | −₹2.71bn | ₹3.71bn | ₹3.09bn | −₹6.97bn |
| Diluted earnings per share | 5.40 | 0.67 | 8.28 | 3.58 | -1.54 | 2.12 | 1.76 | -3.97 |
| Cash from operations | — | — | — | ₹43.28bn | — | ₹18.78bn | — | ₹2.07bn |
| Capital spending | — | — | — | −₹7.53bn | — | −₹9.90bn | — | −₹3.87bn |
| Free cash flow | — | — | — | ₹35.75bn | — | ₹8.88bn | — | −₹1.80bn |
| Total assets | — | ₹444.81bn | — | ₹355.61bn | — | ₹344.35bn | — | ₹346.12bn |
| Cash and short-term investments | ₹6.11bn | ₹6.11bn | ₹8.74bn | ₹8.74bn | ₹313.9m | ₹313.9m | ₹652.6m | ₹652.6m |
| Debt | — | ₹144.30bn | — | ₹108.24bn | — | ₹131.43bn | — | ₹135.33bn |
| Shareholders' equity | ₹141.97bn | ₹141.97bn | ₹133.18bn | ₹133.18bn | ₹129.70bn | ₹129.70bn | ₹123.07bn | ₹123.07bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.6% | 23.0% | 8.4% |
| Operating income | -11.5% | — | 9.2% |
| Net income | -10.2% | — | 14.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.2% | 5.1% | 4.9% | 4.5% |
| Net margin | 1.1% | 2.2% | 2.2% | 1.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.3 | 469.5 | 7.3 | 8.7 | 3.3 | -9.9 | -1.9 | 23.1 | 6.6 | 6.5 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.3 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2020 | FY2019 | FY2018 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 4.00 | 2.00 | 1.00 | 1.00 | 3.00 | 6.00 | 1.00 | 1.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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