S 
1,098.90
+1.84%
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
₹20.26bn
FY2018FY2026
Net income
₹2.52bn
FY2018FY2026
Free cash flow
−₹3.85bn
FY2018FY2026
Shareholders' equity
₹12.95bn
FY2018FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹20.26bn | ₹22.59bn | ₹14.15bn | ₹20.26bn | ₹16.57bn | ₹11.17bn | — | — | — |
| Research and development | — | ₹189.3m | ₹60.2m | — | — | — | — | — | — |
| Operating income | ₹4.36bn | ₹1.43bn | −₹409.3m | −₹273.8m | ₹661.6m | ₹603.0m | −₹17,110 | −₹13,600 | −₹37,371 |
| Net income | ₹2.52bn | −₹106.5m | −₹1.20bn | −₹1.08bn | ₹252.2m | −₹447.9m | −₹17,869 | −₹15,954 | −₹52,279 |
| Diluted earnings per share | 114.48 | -4.83 | -55.34 | -53.29 | 11.44 | -20.32 | -0.00 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹32.82bn | ₹30.99bn | ₹26.74bn | ₹24.12bn | ₹23.25bn | ₹21.03bn | ₹24,410 | ₹24,764 | ₹24,764 |
| Cash and short-term investments | ₹541.2m | ₹752.6m | ₹248.4m | ₹1.04bn | ₹1.24bn | ₹211.0m | ₹24,410 | ₹24,764 | ₹24,764 |
| Total liabilities | ₹19.86bn | ₹21.28bn | ₹20.74bn | ₹16.38bn | ₹14.77bn | ₹13.47bn | ₹63,728 | ₹46,214 | ₹30,260 |
| Debt | ₹12.98bn | ₹14.93bn | ₹14.26bn | ₹11.07bn | ₹9.90bn | ₹9.41bn | — | — | ₹20,260 |
| Shareholders' equity | ₹12.95bn | ₹9.71bn | ₹6.00bn | ₹7.74bn | ₹5.57bn | ₹4.30bn | −₹39,319 | −₹21,450 | −₹5,496 |
| Shares outstanding | 22m | 22m | 22m | 20m | 22m | 22m | 22m | 22m | 22m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹1.10bn | −₹97.0m | ₹455.0m | ₹1.26bn | ₹1.05bn | ₹1.11bn | −₹354 | — | −₹405 |
| Capital spending | −₹2.75bn | −₹5.79bn | −₹2.73bn | −₹1.88bn | −₹7.73bn | −₹471.0m | — | — | — |
| Free cash flow | −₹3.85bn | −₹5.89bn | −₹2.28bn | −₹613.5m | −₹6.68bn | ₹637.6m | −₹354 | — | −₹405 |
| Dividends paid | −₹52.0m | −₹156.2m | — | −₹2.72bn | −₹849.4m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.92bn | ₹5.18bn | ₹5.01bn | ₹4.95bn | ₹5.12bn | ₹5.87bn | ₹5.29bn | ₹5.63bn |
| Operating income | −₹358.8m | −₹205.3m | −₹134.6m | −₹363.1m | −₹296.2m | −₹178.4m | −₹76.4m | −₹246.4m |
| Net income | −₹593.3m | ₹4.26bn | −₹519.2m | −₹643.5m | −₹577.6m | ₹1.44bn | −₹441.5m | −₹542.0m |
| Diluted earnings per share | -26.91 | 193.42 | -23.55 | -29.19 | -26.20 | 65.11 | -20.34 | -24.97 |
| Cash from operations | — | — | — | ₹376.0m | — | — | — | — |
| Capital spending | — | — | — | −₹1.27bn | — | — | — | — |
| Free cash flow | — | — | — | −₹890.0m | — | — | — | — |
| Total assets | — | ₹32.82bn | — | ₹30.77bn | — | ₹30.99bn | — | ₹29.82bn |
| Cash and short-term investments | — | ₹541.2m | ₹192.8m | ₹192.8m | ₹326.8m | ₹752.6m | — | ₹511.8m |
| Debt | — | ₹12.97bn | — | ₹16.30bn | — | ₹14.90bn | — | ₹16.62bn |
| Shareholders' equity | — | ₹12.95bn | ₹8.74bn | ₹8.74bn | ₹9.71bn | ₹9.71bn | — | ₹4.89bn |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 21.5% | 6.3% | -2.9% | -1.4% | 4.0% | 5.4% |
| Net margin | 12.5% | -0.5% | -8.5% | -5.3% | 1.5% | -4.0% |
| Return on equity | 19.5% | -1.1% | -20.0% | -13.9% | 4.5% | -10.4% |
| Return on assets | 7.7% | -0.3% | -4.5% | -4.5% | 1.1% | -2.1% |
| Free cash flow yield | 6.0% | 20.6% | 11.7% | 12.4% | — | — |
| Revenue growth | -10.3% | 59.6% | -30.1% | 22.2% | 48.4% | — |
| Earnings growth | -2469.8% | -91.1% | 11.4% | -527.6% | -156.3% | 2506475.6% |
| Current ratio | 0.88x | 0.74x | 0.62x | 1.02x | 1.02x | 0.85x |
| Debt to equity | 1.00x | 1.53x | 2.37x | 1.42x | 1.74x | 0.80x |
| Equity ratio | 39.5% | 31.3% | 22.4% | 32.1% | 24.0% | 20.4% |
| Interest coverage | 4.04x | 1.38x | -0.71x | -0.46x | 0.07x | 1.28x |
| R&D as a share of sales | — | 0.8% | 0.4% | — | — | — |
| Buybacks as a share of market value | 0.0% | -1.6% | -7.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.0% | 12.6% | — |
| Operating income | — | 48.5% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Price to earnings | 9.8 | -253.3 | -46.0 | -28.4 |
| Price to sales | 1.2 | 1.2 | 3.9 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 27 Mar 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 4.75 | 5.15 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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