O 
1,079.50
+5.18%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹23.12bn
FY2017FY2026
Net income
₹1.77bn
FY2017FY2026
Free cash flow
−₹1.05bn
FY2017FY2026
Shareholders' equity
₹12.28bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹23.12bn | ₹18.03bn | ₹11.54bn | ₹10.91bn | ₹5.93bn | ₹2.81bn | ₹2.01bn | ₹1.70bn | ₹1.61bn | ₹1.05bn |
| Gross profit | ₹3.26bn | ₹4.58bn | ₹3.27bn | ₹2.69bn | ₹1.70bn | ₹1.01bn | ₹904.5m | ₹393.3m | ₹514.7m | ₹471.1m |
| Research and development | — | ₹31.1m | ₹13.1m | ₹13.0m | ₹4.1m | — | ₹15.2m | ₹10.2m | ₹2.0m | — |
| Operating income | ₹2.85bn | ₹3.58bn | ₹2.53bn | ₹1.21bn | ₹615.9m | ₹685.4m | ₹554.0m | ₹104.5m | ₹345.3m | ₹366.1m |
| Net income | ₹1.77bn | ₹1.39bn | ₹768.3m | ₹655.9m | ₹353.5m | ₹80.8m | ₹135.3m | −₹158.1m | ₹88.9m | ₹84.2m |
| Diluted earnings per share | 21.62 | 16.92 | 9.35 | 8.00 | 4.30 | 0.98 | 1.63 | -1.91 | 1.13 | 1.73 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹25.67bn | ₹21.71bn | ₹15.89bn | ₹15.57bn | ₹11.90bn | ₹9.34bn | ₹9.81bn | ₹8.63bn | ₹3.15bn | ₹1.98bn |
| Cash and short-term investments | ₹1.72bn | ₹1.70bn | ₹68.7m | ₹63.6m | ₹193.0m | ₹125.0m | ₹24.0m | ₹1.23bn | ₹9.9m | ₹113.2m |
| Total liabilities | ₹13.34bn | ₹11.19bn | ₹6.72bn | ₹7.16bn | ₹4.13bn | ₹1.94bn | ₹2.49bn | ₹1.60bn | ₹1.17bn | ₹1.06bn |
| Debt | ₹3.80bn | ₹2.55bn | ₹1.21bn | ₹1.34bn | ₹671.0m | ₹80.9m | ₹297.7m | ₹242.6m | ₹724.2m | ₹694.3m |
| Shareholders' equity | ₹12.28bn | ₹10.49bn | ₹9.13bn | ₹8.40bn | ₹7.77bn | ₹7.41bn | ₹7.33bn | ₹7.03bn | ₹1.98bn | ₹922.1m |
| Shares outstanding | 82m | 82m | 82m | 82m | 82m | 82m | 83m | 83m | 79m | 49m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹536.1m | ₹1.41bn | ₹1.43bn | −₹102.7m | ₹1.21bn | ₹2.09bn | −₹2.19bn | −₹1.30bn | −₹1.07bn | −₹190.3m |
| Capital spending | −₹1.59bn | −₹1.77bn | −₹790.4m | −₹645.1m | −₹678.7m | −₹1.60bn | −₹1.60bn | −₹1.01bn | −₹94.6m | −₹20.2m |
| Free cash flow | −₹1.05bn | −₹363.0m | ₹639.6m | −₹747.8m | ₹535.4m | ₹489.2m | −₹3.78bn | −₹2.31bn | −₹1.16bn | −₹210.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.76bn | ₹6.45bn | ₹6.64bn | ₹6.57bn | ₹3.47bn | ₹4.50bn | ₹5.15bn | ₹5.24bn |
| Gross profit | ₹726.3m | ₹1.04bn | ₹906.3m | ₹1.45bn | ₹994.9m | ₹1.21bn | ₹1.24bn | ₹1.32bn |
| Operating income | ₹536.1m | ₹886.2m | ₹803.4m | ₹784.6m | ₹599.5m | ₹496.0m | ₹873.5m | ₹929.3m |
| Net income | ₹259.5m | ₹555.2m | ₹464.0m | ₹495.5m | ₹260.3m | ₹210.0m | ₹463.3m | ₹475.6m |
| Diluted earnings per share | 3.16 | 6.76 | 5.65 | 6.04 | 3.17 | 2.56 | 5.64 | 5.79 |
| Cash from operations | — | — | — | −₹309.0m | — | ₹1.41bn | — | ₹670.0m |
| Capital spending | — | — | — | −₹882.0m | — | −₹1.77bn | — | −₹564.0m |
| Free cash flow | — | — | — | −₹1.19bn | — | −₹363.0m | — | ₹106.0m |
| Total assets | — | ₹25.67bn | — | ₹23.64bn | — | ₹21.71bn | — | ₹20.53bn |
| Cash and short-term investments | ₹1.72bn | ₹1.72bn | ₹1.25bn | ₹1.75bn | ₹1.70bn | ₹1.70bn | ₹2.19bn | ₹2.19bn |
| Debt | — | ₹3.80bn | — | ₹3.66bn | — | ₹2.55bn | — | ₹1.87bn |
| Shareholders' equity | ₹12.33bn | ₹12.28bn | ₹11.26bn | ₹11.22bn | ₹10.53bn | ₹10.49bn | ₹9.85bn | ₹9.82bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.5% | 52.4% | 37.9% |
| Operating income | 33.1% | 33.0% | 29.3% |
| Net income | 39.3% | 85.5% | 40.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.0% | 21.7% | 22.8% | 24.0% |
| Operating margin | 15.6% | 16.0% | 15.8% | 16.4% |
| Net margin | 7.7% | 7.2% | 6.9% | 6.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 49.9 | 70.9 | 154.6 | 168.4 | 115.0 | — | 83.3 | -91.7 | 206.7 | 113.9 |
| Price to sales | 3.8 | 5.5 | 10.3 | 10.1 | 6.9 | 23.3 | 5.6 | 8.5 | 11.4 | 9.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 18 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.40 | 0.40 | 0.40 | 0.40 | 0.20 | 0.20 | 0.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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