P 
277.75
-0.54%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹81.89bn
FY2017FY2026
Net income
₹1.98bn
FY2017FY2026
Free cash flow
₹4.22bn
FY2017FY2026
Shareholders' equity
₹40.06bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹81.89bn | ₹84.04bn | ₹64.20bn | ₹57.74bn | ₹44.46bn | ₹26.60bn | ₹32.44bn | ₹35.29bn | ₹25.58bn | ₹19.27bn |
| Research and development | — | ₹225.2m | ₹135.0m | ₹307.4m | ₹218.6m | ₹177.9m | ₹98.2m | ₹48.8m | ₹78.3m | ₹48.0m |
| Operating income | ₹6.70bn | ₹10.38bn | ₹8.57bn | ₹12.10bn | ₹5.61bn | ₹8.72bn | ₹8.81bn | ₹10.85bn | ₹7.26bn | ₹5.63bn |
| Net income | ₹1.98bn | ₹4.35bn | ₹4.91bn | ₹4.42bn | ₹4.26bn | ₹3.14bn | ₹2.87bn | ₹3.84bn | ₹2.29bn | ₹692.8m |
| Diluted earnings per share | 5.03 | 11.05 | 12.98 | 11.71 | 11.28 | 8.35 | 8.32 | 11.15 | 6.62 | 1.76 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹112.95bn | ₹117.22bn | ₹112.95bn | ₹54.33bn | ₹47.85bn | ₹37.26bn | ₹33.07bn | ₹33.87bn | ₹28.71bn | ₹25.74bn |
| Cash and short-term investments | ₹2.81bn | ₹3.83bn | ₹4.16bn | ₹913.2m | ₹4.84bn | ₹2.59bn | ₹1.49bn | ₹2.19bn | ₹1.77bn | ₹1.21bn |
| Total liabilities | ₹72.75bn | ₹80.13bn | ₹80.45bn | ₹25.94bn | ₹21.62bn | ₹17.83bn | ₹16.01bn | ₹17.31bn | ₹14.87bn | ₹14.38bn |
| Debt | ₹49.89bn | ₹55.71bn | ₹49.83bn | ₹10.29bn | ₹7.86bn | ₹7.24bn | ₹7.50bn | ₹7.93bn | ₹7.17bn | ₹7.58bn |
| Shareholders' equity | ₹40.06bn | ₹36.97bn | ₹32.47bn | ₹28.30bn | ₹26.14bn | ₹19.35bn | ₹16.99bn | ₹16.50bn | ₹13.78bn | ₹11.31bn |
| Shares outstanding | 393m | 393m | 378m | 377m | 378m | 376m | 345m | 344m | 346m | 393m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹11.49bn | ₹7.60bn | ₹11.05bn | ₹5.04bn | ₹2.90bn | ₹3.85bn | ₹5.31bn | ₹2.90bn | ₹2.93bn | ₹3.46bn |
| Capital spending | −₹7.27bn | −₹7.74bn | −₹5.36bn | −₹8.96bn | −₹3.06bn | −₹1.15bn | −₹2.31bn | −₹2.33bn | −₹944.3m | −₹407.1m |
| Free cash flow | ₹4.22bn | −₹133.3m | ₹5.70bn | −₹3.92bn | −₹157.8m | ₹2.70bn | ₹3.01bn | ₹571.6m | ₹1.98bn | ₹3.06bn |
| Dividends paid | −₹2.26bn | −₹2.08bn | −₹2.08bn | −₹2.08bn | −₹1.89bn | −₹1.21bn | −₹1.45bn | −₹967.3m | −₹252.2m | −₹352.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹24.73bn | ₹20.66bn | ₹18.46bn | ₹21.64bn | ₹21.14bn | ₹20.87bn | ₹20.10bn | ₹21.63bn |
| Operating income | ₹2.92bn | ₹1.49bn | ₹1.21bn | ₹1.73bn | ₹5.50bn | ₹4.04bn | ₹5.20bn | ₹5.66bn |
| Net income | ₹1.55bn | ₹402.5m | ₹20.3m | ₹615.4m | ₹940.5m | ₹1.00bn | ₹930.5m | ₹1.23bn |
| Diluted earnings per share | 3.94 | 1.02 | 0.05 | 1.56 | 2.39 | 2.55 | 2.46 | 3.26 |
| Cash from operations | — | — | — | ₹8.22bn | — | — | — | — |
| Capital spending | — | — | — | −₹4.13bn | — | — | — | — |
| Free cash flow | — | — | — | ₹4.09bn | — | — | — | — |
| Total assets | — | ₹112.95bn | — | ₹116.86bn | — | ₹117.22bn | — | ₹117.45bn |
| Cash and short-term investments | ₹2.88bn | ₹2.88bn | ₹2.99bn | ₹2.99bn | ₹3.89bn | ₹3.89bn | ₹2.95bn | ₹2.95bn |
| Debt | — | ₹48.63bn | — | ₹17.37bn | — | ₹54.15bn | — | ₹47.80bn |
| Shareholders' equity | ₹40.19bn | ₹40.06bn | ₹38.84bn | ₹38.71bn | ₹37.09bn | ₹36.97bn | ₹38.21bn | ₹38.13bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.4% | 25.2% | 15.8% |
| Operating income | -17.9% | -5.1% | 4.0% |
| Net income | -23.5% | -8.8% | 28.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.3% | 13.1% | 14.5% | 18.2% |
| Net margin | 3.8% | 5.4% | 6.4% | 6.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 56.8 | 27.3 | 34.7 | 21.5 | 11.5 | 14.5 | 10.5 | 5.3 | 15.6 | 55.4 |
| Price to sales | 1.4 | 1.4 | 2.6 | 1.6 | 1.1 | 1.7 | 0.9 | 0.6 | 1.4 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 27 Oct 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 6.00 | 5.50 | 5.50 | 5.50 | 5.00 | 3.50 | 3.50 | 2.35 |
- 2-for-1 split · 11 Apr 2022
- 5-for-1 split · 19 Apr 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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