O 
2.00
-3.85%
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
₹14.27bn
FY2016FY2025
Net income
₹195.2m
FY2016FY2025
Free cash flow
−₹2.38bn
FY2016FY2025
Shareholders' equity
₹3.93bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.27bn | ₹11.47bn | ₹7.32bn | ₹5.90bn | ₹3.16bn | ₹3.41bn | ₹2.30bn | ₹1.42bn | ₹950.1m | ₹533.6m |
| Gross profit | ₹1.47bn | ₹1.87bn | ₹1.19bn | ₹1.21bn | ₹709.1m | ₹795.0m | ₹560.3m | ₹340.8m | ₹170.5m | ₹101.8m |
| Operating income | ₹610.7m | ₹584.9m | ₹313.1m | ₹920.8m | ₹511.6m | ₹146.8m | ₹158.9m | ₹104.0m | ₹31.9m | ₹13.9m |
| Net income | ₹195.2m | ₹183.0m | ₹95.0m | ₹90.4m | ₹54.2m | ₹84.6m | ₹81.0m | ₹53.5m | ₹8.8m | ₹3.5m |
| Diluted earnings per share | 1.10 | 1.38 | 0.71 | 0.88 | 0.57 | 0.89 | 0.85 | 0.89 | 0.05 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹8.39bn | ₹5.48bn | ₹4.35bn | ₹4.01bn | ₹2.62bn | ₹2.04bn | ₹1.37bn | ₹781.5m | ₹497.6m | ₹265.6m |
| Cash and short-term investments | ₹68.7m | ₹437.3m | ₹112.5m | ₹20.5m | ₹38.2m | ₹52.2m | ₹18.1m | ₹23.3m | ₹14.5m | ₹13.2m |
| Total liabilities | ₹4.47bn | ₹3.48bn | ₹3.23bn | ₹3.09bn | ₹1.79bn | ₹1.27bn | ₹258.1m | ₹669.5m | ₹439.2m | ₹246.0m |
| Debt | ₹1.82bn | ₹1.24bn | ₹1.24bn | ₹781.5m | ₹517.9m | ₹350.7m | ₹421.2m | ₹228.8m | ₹203.6m | ₹123.5m |
| Shareholders' equity | ₹3.93bn | ₹1.99bn | ₹1.13bn | ₹913.5m | ₹823.1m | ₹768.9m | ₹1.11bn | ₹112.0m | ₹58.4m | ₹19.6m |
| Shares outstanding | 177m | 133m | 134m | 103m | 95m | 95m | 95m | 60m | 177m | 177m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹2.30bn | ₹93.3m | ₹597,000 | −₹429.7m | −₹73.2m | −₹125.7m | ₹26.6m | ₹19.9m | ₹18.1m | −₹30.0m |
| Capital spending | −₹74.5m | −₹165.2m | −₹199.6m | −₹251.7m | −₹141.4m | −₹98.6m | −₹56.9m | −₹72.2m | −₹97.4m | −₹60.6m |
| Free cash flow | −₹2.38bn | −₹71.9m | −₹199.0m | −₹681.4m | −₹214.6m | −₹224.3m | −₹30.3m | −₹52.4m | −₹79.3m | −₹90.6m |
| Dividends paid | — | — | — | — | — | — | −₹78.8m | — | — | — |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.83bn | ₹3.73bn | ₹3.28bn | ₹3.40bn | ₹4.08bn | ₹3.57bn | ₹3.26bn | ₹3.13bn |
| Gross profit | ₹318.3m | ₹452.1m | ₹442.6m | ₹385.9m | ₹492.2m | ₹460.6m | ₹451.2m | ₹350.0m |
| Operating income | ₹98.3m | ₹106.3m | ₹375.0m | ₹94.2m | ₹417.6m | ₹392.4m | ₹392.1m | ₹170.0m |
| Net income | ₹43.2m | ₹51.0m | ₹80.4m | ₹5.3m | ₹90.1m | ₹32.8m | ₹66.9m | ₹46.9m |
| Diluted earnings per share | 0.24 | 0.29 | 0.45 | 0.03 | 0.68 | 0.25 | 0.51 | 0.35 |
| Cash from operations | — | −₹52.0m | — | — | — | — | — | — |
| Capital spending | — | −₹2.0m | — | — | — | — | — | — |
| Free cash flow | — | −₹54.0m | — | — | — | — | — | — |
| Total assets | — | ₹8.72bn | — | ₹8.39bn | — | ₹6.12bn | — | ₹5.48bn |
| Cash and short-term investments | ₹48.9m | ₹1.13bn | ₹68.7m | ₹68.7m | ₹181.9m | ₹181.9m | ₹437.3m | ₹437.3m |
| Debt | — | ₹1.71bn | — | ₹990.7m | — | ₹988.0m | — | ₹1.24bn |
| Shareholders' equity | ₹4.32bn | ₹4.32bn | ₹3.93bn | ₹3.93bn | ₹2.10bn | ₹2.10bn | ₹1.99bn | ₹1.99bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 10.3% | 16.3% | 16.2% | 20.5% | 22.5% | 23.3% |
| Operating margin | 4.7% | 5.5% | 4.8% | 3.6% | 4.1% | 4.3% |
| Net margin | 1.4% | 1.6% | 1.3% | 1.5% | 1.7% | 2.5% |
| Return on equity | 5.0% | 9.2% | 8.4% | 9.9% | 6.6% | 11.0% |
| Return on assets | 2.3% | 3.3% | 2.2% | 2.3% | 2.1% | 4.1% |
| Free cash flow yield | -802.8% | 124.2% | 95.0% | -109.9% | 45.6% | -18.2% |
| Revenue growth | 24.5% | 56.5% | 24.2% | 86.7% | -7.5% | 48.1% |
| Earnings growth | 6.7% | 92.6% | 5.1% | 66.7% | -35.9% | 4.4% |
| Current ratio | 3.46x | 2.15x | 1.98x | 1.85x | 1.48x | 1.42x |
| Debt to equity | 0.46x | 0.62x | 1.10x | 0.86x | 0.63x | 0.46x |
| Equity ratio | 46.8% | 36.4% | 25.9% | 22.8% | 31.5% | 37.7% |
| Interest coverage | 1.62x | 1.86x | 1.60x | 2.49x | 2.50x | 5.19x |
| Buybacks as a share of market value | -33.5% | 1.2% | -30.1% | -8.3% | -0.3% | 0.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 34.3% | 33.1% | — |
| Operating income | -12.8% | 33.0% | — |
| Net income | 29.2% | 18.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.0% | 14.7% | 15.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 14.0 | 20.9 | 70.4 | 30.8 | 26.4 | 13.3 | 18.4 |
| Price to sales | 0.2 | 0.3 | 0.9 | 0.5 | 0.5 | 0.3 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-for-1 split · 13 Mar 2023
- 8-for-5 split · 20 Jun 2022
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.