S 
648.05
+2.26%
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
₹13.69bn
FY2017FY2026
Net income
−₹74.1m
FY2017FY2026
Free cash flow
₹88.8m
FY2017FY2026
Shareholders' equity
₹12.53bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹13.69bn | ₹12.84bn | ₹12.89bn | ₹14.27bn | ₹12.68bn | ₹15.97bn | ₹12.68bn | ₹13.22bn | ₹5.21bn | ₹9.41bn |
| Research and development | — | ₹344.8m | ₹559.8m | ₹461.6m | ₹656.2m | ₹529.1m | ₹585.7m | ₹440.5m | ₹18.2m | — |
| Operating income | ₹870.7m | ₹1.15bn | −₹3.83bn | ₹85.6m | −₹259.9m | ₹2.62bn | ₹1.73bn | ₹1.50bn | ₹289.8m | ₹584.4m |
| Net income | −₹74.1m | ₹5.4m | −₹5.67bn | −₹221.7m | −₹581.5m | ₹2.21bn | ₹1.15bn | ₹595.3m | ₹3.8m | ₹301.6m |
| Diluted earnings per share | -1.60 | 0.12 | -142.37 | -6.16 | -16.15 | 61.62 | 30.12 | 21.93 | 0.15 | 10.22 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹23.33bn | ₹22.32bn | ₹23.51bn | ₹28.99bn | ₹29.53bn | ₹26.14bn | ₹21.54bn | ₹19.60bn | ₹18.22bn | ₹100,000 |
| Cash and short-term investments | ₹533.4m | ₹41.1m | ₹84.4m | ₹87.3m | ₹463.8m | ₹1.98bn | ₹560.4m | ₹757.2m | ₹459.5m | ₹100,000 |
| Total liabilities | ₹10.77bn | ₹11.35bn | ₹14.14bn | ₹13.97bn | ₹14.18bn | ₹10.21bn | ₹10.63bn | ₹10.00bn | ₹10.53bn | ₹33,000 |
| Debt | ₹6.87bn | ₹7.96bn | ₹10.12bn | ₹10.13bn | ₹10.37bn | ₹6.21bn | ₹7.22bn | ₹5.38bn | ₹6.33bn | — |
| Shareholders' equity | ₹12.53bn | ₹10.94bn | ₹9.34bn | ₹15.00bn | ₹15.25bn | ₹15.89bn | ₹10.86bn | ₹9.56bn | ₹7.64bn | ₹67,000 |
| Shares outstanding | 46m | 44m | 40m | 36m | 36m | 36m | 38m | 27m | 25m | 30m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹617.0m | ₹2.13bn | ₹1.09bn | ₹1.56bn | −₹2.42bn | ₹1.55bn | ₹2.44bn | ₹1.60bn | ₹492.2m | ₹492.2m |
| Capital spending | −₹528.2m | −₹399.4m | −₹410.6m | −₹1.11bn | −₹2.09bn | −₹1.74bn | −₹2.69bn | −₹525.4m | −₹347.4m | −₹347.4m |
| Free cash flow | ₹88.8m | ₹1.73bn | ₹678.1m | ₹449.4m | −₹4.51bn | −₹190.2m | −₹246.5m | ₹1.07bn | ₹144.9m | ₹144.9m |
| Dividends paid | — | — | — | — | −₹107.8m | −₹197.3m | −₹128.9m | −₹128.9m | −₹156.2m | −₹128.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.82bn | ₹3.87bn | ₹3.49bn | ₹3.14bn | ₹3.19bn | ₹2.73bn | ₹3.00bn | ₹3.47bn |
| Operating income | ₹352.6m | ₹316.2m | ₹117.7m | ₹102.4m | ₹334.4m | ₹210.7m | ₹346.3m | ₹362.9m |
| Net income | ₹163.1m | ₹96.0m | −₹174.3m | −₹101.0m | ₹105.2m | −₹21.0m | ₹80.9m | ₹80.1m |
| Diluted earnings per share | 3.52 | 2.07 | -3.92 | -2.27 | 2.36 | -0.47 | 2.03 | 2.01 |
| Cash from operations | — | — | — | ₹740.0m | — | ₹2.13bn | — | ₹998.0m |
| Capital spending | — | — | — | −₹286.0m | — | −₹399.0m | — | −₹197.0m |
| Free cash flow | — | — | — | ₹454.0m | — | ₹1.73bn | — | ₹801.0m |
| Total assets | — | ₹23.33bn | — | ₹22.93bn | — | ₹22.32bn | — | ₹22.90bn |
| Cash and short-term investments | ₹533.4m | ₹533.4m | ₹38.7m | ₹169.3m | ₹41.1m | ₹41.1m | ₹60.7m | ₹60.7m |
| Debt | — | ₹6.67bn | — | ₹6.46bn | — | ₹7.96bn | — | ₹8.40bn |
| Shareholders' equity | ₹12.56bn | ₹12.53bn | ₹12.57bn | ₹12.55bn | ₹10.97bn | ₹10.94bn | ₹10.89bn | ₹10.86bn |
Financial ratios
Data as of 25 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 6.4% | 9.0% | -29.7% | 0.6% | -2.0% | 16.4% | — |
| Net margin | -0.5% | 0.0% | -44.0% | -1.6% | -4.6% | 13.9% | — |
| Return on equity | -0.6% | 0.0% | -60.8% | -1.5% | -3.8% | 13.9% | — |
| Return on assets | -0.3% | 0.0% | -24.1% | -0.8% | -2.0% | 8.5% | — |
| Free cash flow yield | 3.4% | 7.7% | 5.1% | 10.1% | -1.3% | 12.5% | — |
| Revenue growth | 6.6% | -0.4% | -9.7% | 12.5% | -20.6% | 26.0% | — |
| Earnings growth | -1472.2% | -100.1% | 2459.3% | -61.9% | -126.3% | 93.2% | — |
| Current ratio | 0.96x | 0.77x | 0.64x | 1.08x | 1.17x | 1.34x | — |
| Debt to equity | 0.53x | 0.71x | 1.07x | 0.67x | 0.67x | 0.38x | — |
| Equity ratio | 53.7% | 49.0% | 39.7% | 51.7% | 51.6% | 60.8% | — |
| Interest coverage | 0.92x | 1.00x | -3.70x | 0.10x | -0.37x | 3.10x | — |
| R&D as a share of sales | — | 2.7% | 4.3% | 3.2% | 5.2% | 3.3% | 4.6% |
| Buybacks as a share of market value | -4.1% | -11.6% | -10.7% | 0.0% | -0.2% | 5.6% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.4% | -3.0% | — |
| Operating income | 116.7% | -19.8% | — |
| Net income | -30.6% | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -406.2 | — | -4.8 | -58.6 | -26.6 | 16.5 | 39.6 | 19.8 | — |
| Price to sales | 2.2 | 2.0 | 2.1 | 0.9 | 1.2 | 2.3 | 3.6 | 0.9 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Aug 2021.
| FY2022 | FY2021 | FY2020 | |
|---|---|---|---|
| Paid in the year | 3.00 | 6.00 | 5.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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