N 
170.50
+0.80%
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
₹19.52bn
FY2017FY2026
Net income
₹2.48bn
FY2017FY2026
Free cash flow
₹2.47bn
FY2017FY2026
Shareholders' equity
₹15.43bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹19.52bn | ₹16.53bn | ₹15.54bn | ₹13.62bn | ₹11.32bn | ₹130.2m | ₹245.5m | ₹351.1m | ₹592.7m | ₹981.5m |
| Research and development | — | — | — | — | — | — | — | ₹26.1m | ₹21.7m | — |
| Operating income | ₹3.14bn | ₹3.10bn | ₹3.10bn | ₹2.57bn | ₹2.53bn | −₹59.7m | −₹148.1m | ₹40.1m | ₹163.3m | ₹278.7m |
| Net income | ₹2.48bn | ₹2.27bn | ₹2.13bn | ₹1.92bn | ₹2.02bn | −₹161.2m | −₹266.4m | −₹60.7m | −₹47.4m | ₹53.3m |
| Diluted earnings per share | 17.69 | 16.16 | 15.10 | 13.68 | 15.01 | -1.15 | -1.90 | -0.43 | -0.34 | 0.38 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹30.60bn | ₹21.88bn | ₹20.33bn | ₹17.07bn | ₹9.48bn | ₹180.1m | ₹301.6m | ₹502.6m | ₹680.4m | ₹970.1m |
| Cash and short-term investments | ₹8.88bn | ₹7.27bn | ₹6.59bn | ₹5.70bn | ₹5.15bn | ₹70.4m | ₹19.4m | ₹32.6m | ₹83.8m | ₹155.0m |
| Total liabilities | ₹15.18bn | ₹9.78bn | ₹10.56bn | ₹9.37bn | ₹4.03bn | ₹152.3m | ₹579.8m | ₹517.4m | ₹634.3m | ₹1.32bn |
| Debt | ₹3.18bn | ₹1.03bn | ₹1.32bn | ₹1.29bn | ₹118.1m | ₹183,690 | ₹300.2m | ₹250.0m | ₹250.0m | ₹900.0m |
| Shareholders' equity | ₹15.43bn | ₹12.10bn | ₹9.77bn | ₹7.70bn | ₹5.45bn | ₹27.7m | −₹278.2m | −₹14.8m | ₹46.0m | −₹348.6m |
| Shares outstanding | 140m | 141m | 141m | 140m | 135m | 140m | 140m | 140m | 140m | 140m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹2.91bn | ₹2.47bn | ₹2.79bn | ₹1.53bn | ₹2.88bn | −₹97.8m | −₹20.7m | −₹14.1m | ₹200.0m | ₹467.9m |
| Capital spending | −₹446.9m | −₹478.5m | −₹472.5m | −₹406.6m | −₹189.6m | −₹686,600 | −₹10.3m | −₹15.5m | −₹39.8m | −₹48.5m |
| Free cash flow | ₹2.47bn | ₹1.99bn | ₹2.31bn | ₹1.12bn | ₹2.69bn | −₹98.5m | −₹31.0m | −₹29.6m | ₹160.2m | ₹419.4m |
| Dividends paid | −₹410.1m | −₹372.4m | −₹335.7m | — | −₹743.6m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.65bn | ₹5.25bn | ₹5.00bn | ₹4.76bn | ₹4.51bn | ₹4.30bn | ₹4.19bn | ₹3.97bn |
| Operating income | ₹715.0m | ₹728.3m | ₹807.8m | ₹743.2m | ₹790.9m | ₹634.5m | ₹817.3m | ₹722.6m |
| Net income | ₹574.1m | ₹771.1m | ₹743.4m | ₹469.6m | ₹493.0m | ₹487.1m | ₹617.3m | ₹570.4m |
| Diluted earnings per share | 4.10 | 5.51 | 5.28 | 3.34 | 3.50 | 3.46 | 4.37 | 4.04 |
| Cash from operations | — | — | — | ₹1.09bn | — | — | — | — |
| Capital spending | — | — | — | −₹188.0m | — | — | — | — |
| Free cash flow | — | — | — | ₹898.0m | — | — | — | — |
| Total assets | — | ₹30.60bn | — | ₹25.69bn | — | ₹21.88bn | — | ₹20.37bn |
| Cash and short-term investments | ₹8.88bn | ₹8.88bn | ₹7.60bn | ₹12.14bn | ₹7.27bn | ₹7.27bn | ₹7.10bn | ₹7.10bn |
| Debt | — | ₹2.77bn | — | ₹2.26bn | — | ₹781.6m | — | ₹889.3m |
| Shareholders' equity | ₹15.43bn | ₹15.43bn | ₹13.35bn | ₹13.35bn | ₹12.10bn | ₹12.10bn | ₹10.83bn | ₹10.83bn |
Financial ratios
Data as of 20 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 16.1% | 18.7% | 19.9% | 18.9% | 23.5% | -84.8% | — | — |
| Net margin | 12.7% | 13.8% | 13.7% | 14.1% | 17.8% | -123.8% | — | — |
| Return on equity | 16.1% | 18.8% | 21.8% | 25.0% | 37.1% | -582.0% | — | — |
| Return on assets | 8.1% | 10.4% | 10.5% | 11.3% | 21.3% | -89.6% | — | — |
| Free cash flow yield | 11.1% | 9.7% | 10.6% | 6.3% | 10.5% | — | — | — |
| Revenue growth | 18.1% | 6.4% | 14.1% | 20.3% | 8593.8% | -46.9% | — | — |
| Earnings growth | 8.9% | 6.7% | 10.9% | -4.9% | -1353.1% | -39.5% | — | — |
| Current ratio | 1.73x | 1.88x | 1.66x | 1.69x | 2.00x | 1.04x | — | — |
| Debt to equity | 0.18x | 0.06x | 0.10x | 0.15x | 0.02x | 0.01x | — | — |
| Equity ratio | 50.4% | 55.3% | 48.1% | 45.1% | 57.5% | 15.4% | — | — |
| Interest coverage | 13.75x | 14.88x | 27.16x | 34.61x | 72.25x | -3.00x | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 7.4% | 3.7% |
| Buybacks as a share of market value | 0.5% | 0.3% | -0.6% | -4.4% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.8% | 172.4% | 33.8% |
| Operating income | 6.9% | — | 30.1% |
| Net income | 8.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 17.3% | 18.3% | 18.8% | 18.7% |
| Net margin | 13.2% | 13.5% | 13.9% | 12.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Price to earnings | 9.3 | 24.6 | 29.9 | 32.0 |
| Price to sales | 1.2 | 3.4 | 4.1 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 20 Aug 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | |
|---|---|---|---|---|
| Paid in the year | 3.25 | 3.00 | 2.75 | 2.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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