S 
97.04
+2.55%
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
₹5.83bn
FY2017FY2026
Net income
−₹2.19bn
FY2017FY2026
Free cash flow
−₹72.4m
FY2017FY2026
Shareholders' equity
₹2.70bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.83bn | ₹6.85bn | ₹7.07bn | ₹5.57bn | ₹3.81bn | ₹3.11bn | ₹5.13bn | ₹5.68bn | ₹4.89bn | ₹4.26bn |
| Research and development | ₹6.6m | ₹5.6m | ₹10.5m | ₹6.4m | ₹3.9m | ₹2.3m | ₹17.7m | ₹20.5m | ₹9.3m | ₹4.1m |
| Operating income | −₹2.65bn | −₹810.7m | −₹56.2m | ₹426.4m | ₹310.8m | ₹74.8m | ₹714.1m | ₹1.53bn | ₹1.38bn | ₹1.55bn |
| Net income | −₹2.19bn | −₹849.6m | −₹406.7m | ₹93.6m | ₹52.7m | −₹214.8m | ₹301.4m | ₹829.5m | ₹711.6m | ₹614.8m |
| Diluted earnings per share | -76.09 | -31.10 | -14.93 | 3.45 | 1.94 | -7.96 | 11.03 | 30.55 | 26.18 | 22.64 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹6.86bn | ₹8.66bn | ₹10.22bn | ₹10.38bn | ₹8.89bn | ₹8.77bn | ₹9.02bn | ₹8.30bn | ₹7.31bn | ₹7.81bn |
| Cash and short-term investments | ₹48.6m | ₹25.2m | ₹2.3m | ₹19.7m | ₹80.1m | ₹71.2m | ₹7.7m | ₹23.3m | ₹13.0m | ₹18.9m |
| Total liabilities | ₹4.19bn | ₹3.98bn | ₹4.73bn | ₹4.51bn | ₹3.12bn | ₹3.05bn | ₹3.09bn | ₹2.63bn | ₹2.42bn | ₹3.57bn |
| Debt | ₹3.02bn | ₹3.05bn | ₹3.40bn | ₹3.21bn | ₹2.54bn | ₹2.69bn | ₹2.51bn | ₹2.02bn | ₹2.01bn | ₹2.97bn |
| Shareholders' equity | ₹2.70bn | ₹4.72bn | ₹5.53bn | ₹5.92bn | ₹5.82bn | ₹5.76bn | ₹5.97bn | ₹5.72bn | ₹4.93bn | ₹4.27bn |
| Shares outstanding | 29m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 27m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹39.0m | ₹751.5m | ₹255.9m | −₹172.3m | ₹441.3m | ₹101.5m | −₹75.5m | ₹324.8m | ₹1.33bn | −₹589.7m |
| Capital spending | −₹33.4m | −₹50.3m | −₹101.6m | −₹195.7m | −₹31.5m | −₹9.0m | −₹70.2m | −₹42.3m | −₹36.2m | −₹80.9m |
| Free cash flow | −₹72.4m | ₹701.2m | ₹154.3m | −₹368.0m | ₹409.9m | ₹92.4m | −₹145.7m | ₹282.5m | ₹1.29bn | −₹670.6m |
| Dividends paid | — | — | — | — | — | — | −₹44.9m | −₹42.1m | −₹38.1m | −₹38.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.32bn | ₹1.39bn | ₹1.61bn | ₹1.43bn | ₹1.40bn | ₹2.04bn | ₹1.64bn | ₹1.62bn |
| Operating income | −₹33.0m | −₹886.2m | −₹680.2m | −₹558.5m | −₹533.4m | ₹55.9m | −₹408.4m | −₹272.9m |
| Net income | −₹80.5m | −₹721.2m | −₹554.3m | −₹452.6m | −₹458.1m | −₹51.2m | −₹363.7m | −₹262.2m |
| Diluted earnings per share | -2.80 | -25.10 | -20.29 | -16.57 | -16.77 | -1.87 | -13.35 | -9.62 |
| Cash from operations | — | — | — | ₹321.0m | — | ₹751.0m | — | ₹196.0m |
| Capital spending | — | — | — | −₹15.0m | — | −₹26.0m | — | −₹18.0m |
| Free cash flow | — | — | — | ₹306.0m | — | ₹725.0m | — | ₹178.0m |
| Total assets | — | ₹6.86bn | — | ₹7.86bn | — | ₹8.66bn | — | ₹9.72bn |
| Cash and short-term investments | ₹48.6m | ₹48.6m | ₹112.0m | ₹112.0m | ₹25.2m | ₹25.2m | ₹18.3m | ₹190.2m |
| Debt | — | ₹3.02bn | — | ₹2.97bn | — | ₹3.05bn | — | ₹3.37bn |
| Shareholders' equity | ₹2.67bn | ₹2.70bn | ₹3.78bn | ₹3.82bn | ₹4.69bn | ₹4.72bn | ₹5.09bn | ₹5.13bn |
Financial ratios
Data as of 26 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | -45.4% | -12.5% | -0.2% | 8.2% | 8.1% | 2.0% |
| Net margin | -37.5% | -12.4% | -5.8% | 1.7% | 1.4% | -6.9% |
| Return on equity | -81.0% | -18.0% | -7.4% | 1.6% | 0.9% | -3.7% |
| Return on assets | -31.9% | -9.8% | -4.0% | 0.9% | 0.6% | -2.5% |
| Free cash flow yield | -0.2% | 29.4% | 13.1% | 0.9% | 17.4% | 4.1% |
| Revenue growth | -14.9% | -3.1% | 27.1% | 45.9% | 22.6% | -39.4% |
| Earnings growth | 157.3% | 108.9% | -534.3% | 77.7% | -124.5% | -171.3% |
| Current ratio | 1.29x | 2.01x | 2.09x | 2.29x | 2.88x | 2.97x |
| Debt to equity | 1.12x | 0.64x | 0.61x | 0.54x | 0.44x | 0.47x |
| Equity ratio | 39.4% | 54.5% | 54.1% | 57.0% | 65.5% | 65.7% |
| Interest coverage | -8.79x | -2.32x | -0.03x | 1.48x | 1.20x | 0.22x |
| R&D as a share of sales | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Buybacks as a share of market value | -5.2% | -0.3% | -0.2% | -0.0% | -0.7% | 1.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.6% | 13.4% | 4.5% |
| Net income | — | 59.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -27.3% | -12.2% | -8.4% | 5.9% |
| Net margin | -23.9% | -13.2% | -10.9% | -1.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -3.4 | -10.5 | 46.5 | 87.1 | -15.8 | 6.8 | 4.6 | 16.4 | 18.6 |
| Price to sales | 0.5 | 0.4 | 0.6 | 0.8 | 1.2 | 1.1 | 0.4 | 0.7 | 2.4 | 2.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 16 Sept 2019.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|
| Paid in the year | 1.65 | 1.55 | 1.40 | 1.40 | 1.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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