140.05
+1.80%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹4.76bn
FY2017FY2026
Net income
₹218.2m
FY2017FY2026
Free cash flow
₹373.4m
FY2017FY2026
Shareholders' equity
₹3.46bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.76bn | ₹4.36bn | ₹4.05bn | ₹3.75bn | ₹2.53bn | ₹1.50bn | ₹3.58bn | ₹3.46bn | ₹2.97bn | ₹3.15bn |
| Gross profit | ₹1.79bn | ₹1.90bn | ₹1.76bn | ₹1.88bn | ₹1.35bn | ₹743.5m | ₹1.68bn | ₹1.61bn | ₹1.30bn | ₹1.28bn |
| Operating income | ₹416.6m | ₹386.0m | ₹498.6m | ₹772.9m | ₹307.2m | −₹312.9m | −₹6.9m | −₹125.2m | −₹281.0m | −₹329.0m |
| Net income | ₹218.2m | ₹217.2m | ₹293.9m | ₹967.9m | ₹81.6m | −₹293.4m | −₹380.0m | −₹78.1m | −₹467.7m | −₹263.8m |
| Diluted earnings per share | 4.52 | 4.50 | 6.10 | 19.60 | 1.74 | -6.26 | -8.14 | -1.67 | -9.94 | -5.62 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹5.58bn | ₹5.39bn | ₹5.06bn | ₹4.74bn | ₹3.37bn | ₹3.32bn | ₹3.49bn | ₹2.84bn | ₹2.91bn | ₹3.36bn |
| Cash and short-term investments | ₹1.79bn | ₹1.78bn | ₹1.81bn | ₹1.71bn | ₹1.01bn | ₹717.8m | ₹661.2m | ₹769.7m | ₹773.2m | ₹731.9m |
| Total liabilities | ₹1.99bn | ₹2.05bn | ₹1.91bn | ₹1.97bn | ₹1.92bn | ₹1.97bn | ₹1.85bn | ₹647.4m | ₹626.9m | ₹584.6m |
| Debt | ₹1.40bn | ₹1.54bn | ₹1.39bn | ₹1.42bn | ₹1.41bn | ₹1.41bn | ₹1.28bn | ₹1.28bn | ₹260,000 | ₹37.0m |
| Shareholders' equity | ₹3.46bn | ₹3.27bn | ₹3.07bn | ₹2.77bn | ₹1.45bn | ₹1.35bn | ₹1.64bn | ₹2.19bn | ₹2.28bn | ₹2.77bn |
| Shares outstanding | 48m | 48m | 48m | 49m | 47m | 47m | 47m | 47m | 47m | 47m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹860.2m | ₹741.9m | ₹623.1m | ₹803.3m | ₹539.6m | ₹212.9m | ₹654.6m | ₹156.2m | ₹88.0m | ₹12.4m |
| Capital spending | −₹486.7m | −₹378.5m | −₹281.0m | −₹100.0m | −₹25.1m | −₹39.6m | −₹191.0m | −₹150.6m | −₹150.4m | −₹150.3m |
| Free cash flow | ₹373.4m | ₹363.4m | ₹342.1m | ₹703.3m | ₹514.5m | ₹173.3m | ₹463.6m | ₹5.7m | −₹62.4m | −₹137.9m |
| Dividends paid | −₹48.2m | −₹48.2m | −₹118.8m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.27bn | ₹1.16bn | ₹1.35bn | ₹1.16bn | ₹1.09bn | ₹1.03bn | ₹1.26bn | ₹1.04bn |
| Gross profit | ₹492.6m | ₹414.5m | ₹699.2m | ₹570.1m | ₹522.2m | ₹338.1m | ₹629.2m | ₹349.3m |
| Operating income | ₹89.0m | ₹28.4m | ₹141.6m | ₹56.4m | ₹102.0m | ₹22.2m | ₹133.8m | ₹68.7m |
| Net income | ₹70.0m | ₹33.2m | ₹85.0m | ₹46.1m | ₹54.0m | ₹23.9m | ₹92.5m | ₹27.0m |
| Diluted earnings per share | 1.45 | 0.69 | 1.76 | 0.95 | 1.12 | 0.50 | 1.92 | 0.56 |
| Cash from operations | — | — | — | ₹324.0m | — | ₹741.0m | — | ₹249.0m |
| Capital spending | — | — | — | −₹142.0m | — | −₹378.0m | — | −₹143.0m |
| Free cash flow | — | — | — | ₹182.0m | — | ₹363.0m | — | ₹106.0m |
| Total assets | — | ₹5.58bn | — | ₹5.40bn | — | ₹5.39bn | — | ₹5.26bn |
| Cash and short-term investments | ₹1.79bn | ₹1.79bn | ₹1.75bn | ₹1.85bn | ₹1.78bn | ₹1.78bn | ₹1.73bn | ₹1.73bn |
| Debt | — | ₹354.4m | — | ₹1.45bn | — | ₹1.89bn | — | ₹1.69bn |
| Shareholders' equity | ₹3.59bn | ₹3.46bn | ₹3.41bn | ₹3.34bn | ₹3.34bn | ₹3.27bn | ₹3.23bn | ₹3.16bn |
Financial ratios
Data as of 16 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 37.6% | 43.5% | 43.5% | 50.1% | 53.3% | 49.5% |
| Operating margin | 5.7% | 5.4% | 12.1% | 20.6% | 11.3% | -8.5% |
| Net margin | 4.6% | 5.0% | 7.3% | 25.8% | 3.2% | -19.5% |
| Return on equity | 6.3% | 6.6% | 9.6% | 35.0% | 5.6% | -21.7% |
| Return on assets | 3.9% | 4.0% | 5.8% | 20.4% | 2.4% | -8.8% |
| Free cash flow yield | 19.5% | 16.2% | 13.1% | 12.7% | 8.4% | 3.8% |
| Revenue growth | 9.2% | 7.8% | 7.9% | 48.2% | 68.5% | -58.0% |
| Earnings growth | 0.5% | -26.1% | -69.6% | 1086.0% | -127.8% | -22.8% |
| Current ratio | 2.49x | 2.60x | 2.75x | 2.61x | 1.76x | 1.47x |
| Debt to equity | 0.10x | 0.11x | 0.10x | 0.10x | 0.18x | 1.05x |
| Equity ratio | 62.1% | 60.7% | 60.8% | 58.4% | 43.0% | 40.7% |
| Interest coverage | 1.86x | 1.66x | 3.35x | 5.55x | 1.97x | -0.77x |
| Buybacks as a share of market value | 0.1% | -0.2% | 2.5% | -5.2% | -0.2% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.3% | 26.0% | 4.0% |
| Operating income | -18.6% | — | — |
| Net income | -39.1% | — | 55.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 40.4% | 43.3% | 44.9% | 46.8% |
| Operating margin | 8.8% | 12.3% | 9.9% | 3.5% |
| Net margin | 4.8% | 10.0% | 7.1% | 0.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 30.6 | 25.0 | 23.1 | 9.7 | 132.2 | -14.3 | -6.0 | -38.7 | -8.1 | -30.1 |
| Price to sales | 1.4 | 1.3 | 1.7 | 2.5 | 4.3 | 2.8 | 0.6 | 0.9 | 1.3 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 28 Aug 2025.
| FY2026 | FY2025 | FY2024 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|
| Paid in the year | 1.00 | 1.00 | 2.50 | 1.00 | 1.00 | 1.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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