95.49
+1.81%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue, before interest expense
₹18.83bn
FY2017FY2026
Net income
₹1.02bn
FY2017FY2026
Total assets
₹57.44bn
FY2017FY2026
Shareholders' equity
₹13.04bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ₹18.83bn | ₹14.95bn | ₹14.26bn | ₹10.73bn | ₹9.91bn | ₹8.23bn | ₹7.15bn | ₹6.99bn | ₹6.11bn | ₹5.08bn |
| Research and development | — | — | ₹0 | ₹0 | ₹0 | ₹0 | — | — | — | ₹2.4m |
| Operating income | ₹1.52bn | ₹3.28bn | ₹3.58bn | ₹1.15bn | ₹2.37bn | ₹1.32bn | ₹504.9m | ₹889.1m | ₹820.3m | ₹693.1m |
| Net income | ₹1.02bn | ₹1.46bn | ₹1.87bn | ₹1.20bn | ₹1.74bn | ₹1.05bn | ₹236.0m | ₹747.9m | ₹533.0m | ₹458.3m |
| Diluted earnings per share | 4.87 | 6.96 | 17.89 | 11.47 | 16.65 | 9.29 | 2.09 | 6.67 | 4.73 | 4.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹57.44bn | ₹49.21bn | ₹47.48bn | ₹33.07bn | ₹29.42bn | ₹23.87bn | ₹18.77bn | ₹23.50bn | ₹18.13bn | ₹15.81bn |
| Cash and short-term investments | ₹26.15bn | ₹24.02bn | ₹25.36bn | ₹9.96bn | ₹8.05bn | ₹10.97bn | ₹6.41bn | ₹714.3m | ₹736.6m | ₹4.50bn |
| Total liabilities | ₹44.38bn | ₹37.01bn | ₹36.50bn | ₹23.72bn | ₹20.15bn | ₹16.13bn | ₹11.94bn | ₹16.68bn | ₹11.94bn | ₹9.83bn |
| Debt | ₹20.36bn | ₹16.95bn | ₹14.67bn | ₹9.44bn | ₹4.97bn | ₹4.92bn | ₹2.21bn | ₹193.6m | ₹362.0m | ₹41.8m |
| Shareholders' equity | ₹13.04bn | ₹12.17bn | ₹10.96bn | ₹9.33bn | ₹9.26bn | ₹7.73bn | ₹6.81bn | ₹6.81bn | ₹6.17bn | ₹5.95bn |
| Shares outstanding | 209m | 209m | 105m | 105m | 105m | 113m | 113m | 112m | 113m | 113m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ₹5.16bn | ₹5.21bn | ₹4.94bn | ₹4.42bn | ₹4.19bn | ₹1.94bn | ₹4.29bn | ₹4.42bn |
| Operating income | ₹490.9m | ₹360.5m | ₹431.8m | ₹311.4m | ₹936.6m | ₹590.9m | ₹1.04bn | ₹1.11bn |
| Net income | ₹365.7m | ₹210.8m | ₹305.4m | ₹206.6m | ₹297.4m | ₹37.3m | ₹436.5m | ₹453.0m |
| Diluted earnings per share | 1.75 | 1.01 | 1.46 | 0.99 | 1.42 | 0.18 | 4.17 | 4.33 |
| Total assets | — | ₹57.44bn | — | ₹52.42bn | — | ₹49.21bn | — | ₹52.08bn |
| Cash and short-term investments | — | ₹26.15bn | — | ₹23.04bn | — | ₹24.02bn | — | ₹23.78bn |
| Debt | — | ₹19.98bn | — | — | — | ₹26.76bn | — | ₹15.20bn |
| Shareholders' equity | ₹13.06bn | ₹13.04bn | ₹12.60bn | ₹12.58bn | ₹12.20bn | ₹12.17bn | ₹11.84bn | ₹11.82bn |
Financial ratios
Data as of 29 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 8.1% | 22.0% | 25.1% | 10.7% | 23.9% | 16.0% | — | — |
| Net margin | 5.4% | 9.7% | 13.1% | 11.2% | 17.6% | 12.7% | — | — |
| Return on equity | 7.8% | 12.0% | 17.1% | 12.9% | 18.8% | 13.6% | — | — |
| Return on assets | 1.8% | 3.0% | 3.9% | 3.6% | 5.9% | 4.4% | — | — |
| Revenue growth | 26.0% | 4.8% | 32.9% | 8.2% | 20.5% | 15.1% | — | — |
| Earnings growth | -30.0% | -22.2% | 56.0% | -31.2% | 66.3% | 344.4% | — | — |
| Current ratio | 1.06x | 1.37x | 1.23x | 1.19x | 1.28x | 1.30x | — | — |
| Debt to equity | 2.52x | 2.20x | 2.19x | 0.99x | 0.78x | 0.62x | — | — |
| Equity ratio | 22.7% | 24.7% | 23.1% | 28.2% | 31.5% | 32.4% | — | — |
| Interest coverage | 0.73x | 1.67x | 2.45x | 1.43x | 4.58x | 3.49x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| Buybacks as a share of market value | 0.0% | -100.0% | 0.0% | 0.0% | 7.3% | 0.2% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.6% | 18.0% | 17.0% |
| Operating income | 9.8% | 2.9% | 12.2% |
| Net income | -5.3% | -0.6% | 11.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 14.2% | 16.2% | 17.2% | 15.7% |
| Net margin | 7.3% | 9.4% | 10.8% | 10.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | 19.2 | 13.1 | 3.8 | 4.4 | 2.3 | 4.1 |
| Price to sales | 1.0 | 1.3 | 0.5 | 0.5 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 6 Feb 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 1.20 | 1.20 | 1.20 | 1.20 | 1.00 |
- 2-for-1 split · 14 Nov 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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