V 
5.01
+1.21%
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
₹2.37bn
FY2017FY2026
Net income
₹76.8m
FY2017FY2026
Free cash flow
−₹518.9m
FY2017FY2026
Shareholders' equity
−₹1.97bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.37bn | ₹2.85bn | ₹3.71bn | ₹6.16bn | ₹9.29bn | ₹5.09bn | ₹5.61bn | ₹8.11bn | ₹6.36bn | ₹9.07bn |
| Research and development | — | ₹654,000 | ₹602,000 | ₹381,000 | ₹205,000 | ₹238,000 | ₹254,000 | — | — | ₹14.2m |
| Operating income | ₹74.9m | ₹29.2m | −₹523.4m | ₹549.0m | ₹458.8m | ₹60.9m | ₹1.61bn | −₹146.5m | −₹908.1m | ₹393.1m |
| Net income | ₹76.8m | ₹149.2m | −₹267.6m | ₹14.9m | −₹155.6m | −₹567.0m | ₹1.02bn | −₹740.0m | −₹1.72bn | −₹334.5m |
| Diluted earnings per share | 0.16 | 0.33 | -0.76 | 0.05 | -0.62 | -2.54 | 4.03 | -2.93 | -7.70 | -0.69 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹2.83bn | ₹2.76bn | ₹2.76bn | ₹2.91bn | ₹3.26bn | ₹3.05bn | ₹3.13bn | ₹3.24bn | ₹5.13bn | ₹6.55bn |
| Cash and short-term investments | ₹2.8m | ₹4.4m | ₹10.9m | ₹3.5m | ₹1.1m | ₹1.3m | ₹1.6m | ₹2.8m | ₹19.1m | ₹91.4m |
| Total liabilities | ₹4.80bn | ₹5.03bn | ₹6.37bn | ₹6.54bn | ₹6.90bn | ₹6.54bn | ₹6.04bn | ₹7.16bn | ₹7.36bn | ₹7.07bn |
| Debt | ₹3.70bn | ₹496.5m | ₹761.9m | ₹4.47bn | ₹5.29bn | ₹5.23bn | ₹4.90bn | ₹4.46bn | ₹5.69bn | ₹5.18bn |
| Shareholders' equity | −₹1.97bn | −₹2.27bn | −₹3.61bn | −₹3.62bn | −₹3.64bn | −₹3.48bn | −₹2.91bn | −₹3.92bn | −₹2.23bn | −₹512.5m |
| Shares outstanding | 483m | 459m | 354m | 309m | 253m | 223m | 253m | 253m | 223m | 483m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹392.2m | −₹1.08bn | −₹137.8m | ₹403.0m | ₹614.6m | ₹240.3m | ₹134.5m | ₹1.34bn | ₹508.6m | ₹917.6m |
| Capital spending | −₹126.7m | −₹47.1m | −₹1.7m | −₹12.2m | −₹20.1m | −₹17.8m | −₹17.3m | −₹17.3m | −₹72.1m | −₹260.5m |
| Free cash flow | −₹518.9m | −₹1.12bn | −₹139.6m | ₹390.9m | ₹594.6m | ₹222.6m | ₹117.1m | ₹1.32bn | ₹436.6m | ₹657.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹607.5m | ₹648.5m | ₹506.0m | ₹617.2m | ₹595.4m | ₹812.0m | ₹753.5m | ₹644.0m |
| Operating income | −₹30.2m | −₹177,000 | −₹16.4m | ₹90.1m | ₹38.9m | ₹44.4m | ₹244.9m | ₹32.3m |
| Net income | ₹3.11bn | ₹8.8m | ₹1.4m | ₹64.6m | ₹1.9m | ₹9.9m | ₹240.6m | ₹6.3m |
| Diluted earnings per share | 6.44 | 0.02 | 0.00 | 0.14 | 0.00 | 0.02 | 0.68 | 0.02 |
| Cash from operations | — | — | — | −₹59.0m | — | −₹982.0m | — | −₹9.0m |
| Capital spending | — | — | — | −₹126.0m | — | −₹47.0m | — | — |
| Free cash flow | — | — | — | −₹185.0m | — | −₹1.03bn | — | — |
| Total assets | — | ₹2.83bn | — | ₹2.86bn | — | ₹2.76bn | — | ₹2.50bn |
| Cash and short-term investments | ₹2.8m | ₹2.8m | ₹4.4m | ₹4.4m | ₹3.8m | ₹4.4m | ₹6.4m | ₹45.7m |
| Debt | — | ₹3.70bn | — | ₹486.5m | — | ₹496.5m | — | ₹690.2m |
| Shareholders' equity | −₹1.97bn | −₹1.97bn | −₹2.21bn | −₹2.21bn | −₹2.27bn | −₹2.27bn | −₹3.71bn | −₹3.71bn |
Financial ratios
Data as of 25 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.2% | 10.2% | -6.3% | 8.9% | 5.2% | 0.5% | — |
| Net margin | 3.2% | 5.2% | -7.2% | 0.2% | -1.7% | -11.1% | — |
| Return on equity | -3.9% | -6.6% | 7.4% | -0.4% | 4.3% | 16.3% | — |
| Return on assets | 2.7% | 5.4% | -9.7% | 0.5% | -4.8% | -18.6% | — |
| Free cash flow yield | -10.8% | -44.2% | -7.6% | 26.5% | 49.5% | 22.8% | — |
| Revenue growth | -16.9% | -23.1% | -39.8% | -33.7% | 82.6% | -9.3% | — |
| Earnings growth | -48.5% | -155.8% | -1894.3% | -109.6% | -72.6% | -155.7% | — |
| Current ratio | 0.80x | 0.58x | 0.33x | 0.11x | 0.14x | 0.08x | — |
| Debt to equity | -1.88x | -0.22x | -0.21x | -1.24x | -1.45x | -1.50x | — |
| Equity ratio | -69.6% | -82.5% | -131.0% | -124.3% | -111.5% | -114.1% | — |
| Interest coverage | 0.83x | 2.06x | -6.97x | 1.03x | 0.76x | 0.04x | — |
| R&D as a share of sales | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -5.3% | -29.7% | -14.4% | -22.4% | -13.4% | 11.8% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -27.3% | -14.2% | -13.0% |
| Operating income | -48.5% | 4.2% | — |
| Net income | 72.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.0% | 0.9% | 2.2% | 2.1% |
| Net margin | 4.3% | -0.2% | -2.5% | -3.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 31.6 | 19.3 | -15.8 | 118.3 | -3.1 | -1.0 | 0.3 | -0.1 | -0.1 | -5.3 |
| Price to sales | 1.0 | 1.0 | 1.1 | 0.3 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Sept 2008.
| FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 | FY2002 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.176 | 0.062 | 0.679 | 0.371 | 0.371 | 0.371 | 0.42 | 0.42 |
- 10-for-1 split · 17 May 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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