N 
2,429.20
-0.28%
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.
Net income
−₹93.3m
FY2017FY2026
Free cash flow
−₹151.7m
FY2017FY2026
Shareholders' equity
₹12.94bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | — | — | ₹1 | ₹3 | ₹1 | ₹1 | ₹1 | ₹0 | ₹0 | ₹0 |
| Operating income | ₹125.4m | ₹193.9m | ₹266.5m | ₹84.8m | ₹45.4m | ₹50.9m | −₹60.6m | −₹6.2m | ₹149.0m | ₹131.2m |
| Net income | −₹93.3m | ₹344.9m | ₹338.4m | ₹704.2m | ₹730.3m | ₹571.5m | −₹54.4m | ₹90.2m | ₹308.0m | ₹862.3m |
| Diluted earnings per share | -93.33 | 344.94 | 338.42 | 704.20 | 730.32 | 571.45 | -54.40 | 90.20 | 307.97 | 862.35 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹18.25bn | ₹18.20bn | ₹8.85bn | ₹7.22bn | ₹6.50bn | ₹4.97bn | ₹3.70bn | ₹4.11bn | ₹4.13bn | ₹2.37bn |
| Cash and short-term investments | ₹439.3m | ₹1.52bn | ₹2.14bn | ₹417.8m | ₹365.7m | ₹314.5m | ₹249.3m | ₹213.7m | ₹421.2m | ₹35.3m |
| Total liabilities | ₹4.50bn | ₹4.57bn | ₹188.9m | ₹97.8m | ₹92.2m | ₹57.0m | ₹49.7m | ₹14.4m | ₹15.7m | ₹48.6m |
| Debt | ₹2.58bn | ₹2.67bn | ₹46.1m | ₹44.5m | ₹44.2m | ₹44.0m | ₹42.4m | ₹786,000 | ₹34.5m | ₹21.5m |
| Shareholders' equity | ₹12.94bn | ₹12.81bn | ₹8.66bn | ₹7.13bn | ₹6.41bn | ₹4.91bn | ₹3.65bn | ₹4.10bn | ₹4.11bn | ₹2.32bn |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹303.7m | −₹222.0m | ₹47.3m | −₹17.2m | ₹44.8m | −₹74.1m | ₹59.1m | ₹8.0m | −₹79.4m | ₹8.2m |
| Capital spending | −₹455.3m | −₹89.8m | — | −₹2.2m | −₹12,000 | −₹1.3m | −₹41.8m | −₹3.0m | −₹10.7m | −₹339,000 |
| Free cash flow | −₹151.7m | −₹311.8m | ₹47.3m | −₹19.3m | ₹44.8m | −₹75.4m | ₹17.3m | ₹5.1m | −₹90.1m | ₹7.8m |
| Dividends paid | −₹13.0m | −₹2.5m | −₹2.5m | −₹2.5m | −₹2.5m | −₹1.3m | −₹2.5m | −₹2.5m | −₹2.5m | −₹2.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | ₹195.4m | −₹416.8m | −₹126.8m | ₹124.1m | ₹243.0m | ₹32.9m | ₹122.9m | ₹30.0m |
| Net income | ₹363.6m | −₹267.5m | −₹79.3m | −₹20.1m | ₹273.5m | −₹53.6m | ₹110.2m | ₹115.0m |
| Diluted earnings per share | 363.58 | -267.50 | -79.30 | -20.06 | 273.53 | -53.61 | 110.18 | 115.04 |
| Cash from operations | — | — | — | ₹235.0m | — | ₹187.0m | — | −₹14.0m |
| Capital spending | — | — | — | −₹166.0m | — | −₹89.0m | — | — |
| Free cash flow | — | — | — | ₹69.0m | — | ₹98.0m | — | — |
| Total assets | — | ₹18.25bn | — | ₹18.60bn | — | ₹18.20bn | — | ₹10.30bn |
| Cash and short-term investments | — | ₹439.3m | — | ₹177.8m | — | ₹1.52bn | — | ₹26.3m |
| Debt | — | ₹2.50bn | — | ₹2.34bn | — | ₹5.16bn | — | — |
| Shareholders' equity | — | ₹12.94bn | — | ₹13.06bn | — | ₹12.81bn | — | ₹9.93bn |
Financial ratios
Data as of 27 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -1.6% | 21.5% | 342.3% | 2582.8% | 4294.9% | 1535.4% | — | — |
| Net margin | -1.9% | 50.9% | 434.6% | 2525.5% | 4259.4% | 1492.7% | — | — |
| Return on equity | -0.7% | 2.7% | 3.9% | 9.9% | 11.4% | 11.6% | — | — |
| Return on assets | -0.5% | 1.9% | 3.8% | 9.7% | 11.2% | 11.5% | — | — |
| Free cash flow yield | 33.9% | -5.9% | — | -0.7% | 2.0% | -3.3% | 4.5% | — |
| Revenue growth | 642.6% | 771.0% | 179.3% | 62.6% | -55.2% | 90.9% | — | — |
| Earnings growth | -127.1% | 1.9% | -51.9% | -3.6% | 27.8% | -1150.5% | — | — |
| Current ratio | 1.04x | 4.41x | 1912.91x | 227.67x | 231.16x | 118.33x | — | — |
| Debt to equity | 0.19x | 0.40x | 0.00x | 0.00x | 0.00x | 0.00x | — | — |
| Equity ratio | 70.9% | 70.4% | 97.9% | 98.6% | 98.6% | 98.9% | — | — |
| Interest coverage | -0.39x | 29.24x | 58.30x | 162.83x | 167.48x | 132.84x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 465.3% | 165.3% | 39.7% |
| Operating income | 13.9% | 19.8% | 18.8% |
| Net income | — | — | -6.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.6% | 11.5% | 13.1% | 13.7% |
| Net margin | 4.4% | 22.2% | 44.2% | 49.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -25.3 | 8.3 | 12.8 | 3.4 | 1.9 | 2.3 | -13.5 | 6.4 | 2.6 | 2.3 |
| Price to sales | 0.5 | 4.2 | 55.7 | 85.3 | 79.8 | 34.7 | 36.7 | 28.8 | 1.0 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 7 Aug 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.50 | 2.50 | 2.50 | 2.50 | 2.50 | 1.25 | 2.50 | 2.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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