P 
1,343.60
+0.36%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹50.25bn
FY2017FY2026
Net income
₹2.78bn
FY2017FY2026
Free cash flow
₹1.48bn
FY2017FY2026
Shareholders' equity
₹14.60bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹50.25bn | ₹45.06bn | ₹34.36bn | ₹31.58bn | ₹27.14bn | ₹14.91bn | ₹16.85bn | ₹17.57bn | ₹14.96bn | ₹15.24bn |
| Research and development | — | — | ₹76.9m | ₹41.9m | ₹25.5m | ₹51.8m | ₹78.4m | ₹59.7m | ₹59.7m | ₹73.8m |
| Operating income | ₹3.77bn | ₹2.83bn | ₹2.84bn | ₹2.33bn | ₹1.63bn | ₹220.4m | ₹834.6m | ₹1.25bn | ₹705.1m | ₹443.5m |
| Net income | ₹2.78bn | ₹2.48bn | ₹1.75bn | ₹1.49bn | ₹681.5m | ₹172.7m | ₹215.6m | ₹672.8m | ₹240.8m | ₹335.1m |
| Diluted earnings per share | 29.99 | 26.88 | 19.23 | 17.10 | 7.86 | 3.99 | 4.97 | 15.51 | 5.56 | 7.71 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹32.45bn | ₹25.96bn | ₹19.85bn | ₹17.81bn | ₹17.81bn | ₹12.94bn | ₹12.52bn | ₹11.00bn | ₹9.37bn | ₹8.95bn |
| Cash and short-term investments | ₹7.47bn | ₹5.66bn | ₹3.66bn | ₹3.00bn | ₹1.55bn | ₹1.24bn | ₹950.2m | ₹1.02bn | ₹1.16bn | ₹1.20bn |
| Total liabilities | ₹18.07bn | ₹14.49bn | ₹11.68bn | ₹10.38bn | ₹11.66bn | ₹7.64bn | ₹7.39bn | ₹6.19bn | ₹5.32bn | ₹5.07bn |
| Debt | ₹9.43bn | ₹7.73bn | ₹5.88bn | ₹5.58bn | ₹6.45bn | ₹4.40bn | ₹4.63bn | ₹3.33bn | ₹3.15bn | ₹2.52bn |
| Shareholders' equity | ₹14.60bn | ₹11.56bn | ₹8.02bn | ₹7.22bn | ₹5.99bn | ₹5.17bn | ₹5.01bn | ₹4.70bn | ₹3.95bn | ₹3.76bn |
| Shares outstanding | 93m | 92m | 91m | 87m | 87m | 43m | 43m | 43m | 43m | 43m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹3.34bn | ₹1.76bn | ₹3.52bn | ₹3.65bn | −₹915.0m | ₹946.1m | ₹637.2m | ₹747.8m | ₹336.7m | ₹114.7m |
| Capital spending | −₹1.87bn | −₹1.20bn | −₹1.29bn | −₹882.3m | −₹836.9m | −₹318.0m | −₹986.3m | −₹903.8m | −₹475.7m | −₹721.9m |
| Free cash flow | ₹1.48bn | ₹562.9m | ₹2.23bn | ₹2.77bn | −₹1.75bn | ₹628.2m | −₹349.1m | −₹155.9m | −₹139.0m | −₹607.1m |
| Dividends paid | −₹603.7m | −₹254.3m | −₹488.2m | −₹76.4m | −₹76.4m | −₹76.4m | −₹64.5m | −₹43.1m | −₹65.0m | −₹13.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹15.28bn | ₹13.14bn | ₹11.70bn | ₹13.13bn | ₹12.28bn | ₹12.29bn | ₹10.23bn | ₹12.02bn |
| Operating income | ₹1.36bn | ₹1.12bn | ₹735.9m | ₹1.07bn | ₹927.0m | ₹1.02bn | ₹719.6m | ₹786.6m |
| Net income | ₹1.01bn | ₹832.6m | ₹532.6m | ₹733.2m | ₹678.2m | ₹682.4m | ₹562.7m | ₹584.7m |
| Diluted earnings per share | 10.86 | 8.99 | 5.77 | 7.94 | 7.34 | 7.39 | 6.19 | 6.43 |
| Cash from operations | — | — | — | ₹2.73bn | — | ₹1.76bn | — | ₹537.0m |
| Capital spending | — | — | — | −₹649.0m | — | −₹1.19bn | — | −₹571.0m |
| Free cash flow | — | — | — | ₹2.08bn | — | ₹572.0m | — | −₹34.0m |
| Total assets | — | ₹32.45bn | — | ₹27.83bn | — | ₹25.96bn | — | ₹23.42bn |
| Cash and short-term investments | ₹7.47bn | ₹7.47bn | ₹6.17bn | ₹6.32bn | ₹5.66bn | ₹5.66bn | ₹5.44bn | ₹5.44bn |
| Debt | — | ₹7.08bn | — | ₹7.46bn | — | ₹7.73bn | — | ₹6.64bn |
| Shareholders' equity | ₹14.38bn | ₹14.60bn | ₹12.71bn | ₹12.88bn | ₹11.46bn | ₹11.56bn | ₹10.74bn | ₹10.63bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.7% | 27.5% | 13.7% |
| Operating income | 17.3% | 76.4% | 20.7% |
| Net income | 23.0% | 74.3% | 22.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.9% | 7.3% | 6.7% | 6.2% |
| Net margin | 5.5% | 5.3% | 4.6% | 4.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 45.1 | 29.9 | 38.5 | 19.0 | 13.2 | 21.6 | 10.2 | 2.5 | 6.1 | 4.5 |
| Price to sales | 2.5 | 1.6 | 2.0 | 0.9 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 21 May 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 4.25 | 6.25 | 2.50 | 5.625 | 1.875 | 0.75 | 0.50 | 0.75 |
- 2-for-1 split · 5 Jan 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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