V 
1,764.20
+2.42%
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
₹11.67bn
FY2019FY2026
Net income
₹1.02bn
FY2019FY2026
Free cash flow
−₹1.10bn
FY2019FY2026
Shareholders' equity
₹6.68bn
FY2019FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹11.67bn | ₹9.59bn | ₹8.02bn | ₹5.52bn | ₹3.87bn | ₹3.09bn | ₹1.78bn | ₹1.19bn |
| Gross profit | ₹3.22bn | ₹2.63bn | ₹1.57bn | ₹1.08bn | ₹719.1m | ₹478.5m | ₹208.2m | ₹171.2m |
| Operating income | ₹1.67bn | ₹1.49bn | ₹1.35bn | ₹673.3m | ₹486.4m | ₹339.6m | ₹147.0m | ₹65.7m |
| Net income | ₹1.02bn | ₹928.9m | ₹859.8m | ₹442.1m | ₹316.7m | ₹236.3m | ₹41.3m | ₹37.5m |
| Diluted earnings per share | 49.22 | 44.84 | 42.10 | 21.78 | 15.60 | 11.64 | 1.99 | 1.81 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ₹13.00bn | ₹10.08bn | ₹7.58bn | ₹5.07bn | ₹2.48bn | ₹1.38bn | ₹1.07bn | ₹791.2m |
| Cash and short-term investments | ₹297.5m | ₹163.4m | ₹103.1m | ₹289.5m | ₹39.2m | ₹69.7m | ₹53.5m | ₹28.8m |
| Total liabilities | ₹6.31bn | ₹4.77bn | ₹3.51bn | ₹1.85bn | ₹1.19bn | ₹976.1m | ₹909.1m | ₹669.5m |
| Debt | ₹2.87bn | ₹1.92bn | ₹1.49bn | ₹904.6m | ₹639.6m | ₹378.9m | ₹430.7m | ₹294.2m |
| Shareholders' equity | ₹6.68bn | ₹5.31bn | ₹4.06bn | ₹3.22bn | ₹1.29bn | ₹399.3m | ₹162.8m | ₹121.7m |
| Shares outstanding | 21m | 21m | 20m | 20m | 20m | 20m | 21m | 21m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹788.9m | ₹422.8m | ₹522.3m | ₹88.8m | −₹600.0m | ₹113.3m | ₹24.1m | −₹66.6m |
| Capital spending | −₹1.89bn | −₹1.08bn | −₹1.07bn | −₹1.62bn | −₹205.5m | −₹50.4m | −₹74.2m | −₹20.9m |
| Free cash flow | −₹1.10bn | −₹661.0m | −₹552.1m | −₹1.53bn | −₹805.5m | ₹62.9m | −₹50.1m | −₹87.5m |
| Dividends paid | −₹20.6m | −₹20.3m | −₹20.3m | −₹10.2m | −₹10.2m | −₹10.2m | −₹10.2m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.21bn | ₹3.02bn | ₹2.97bn | ₹2.92bn | ₹2.76bn | ₹2.58bn | ₹2.31bn | ₹2.29bn |
| Gross profit | ₹899.0m | ₹1.07bn | ₹827.6m | ₹781.5m | ₹907.8m | ₹710.2m | ₹759.9m | ₹776.8m |
| Operating income | ₹443.0m | ₹431.1m | ₹427.4m | ₹415.5m | ₹395.9m | ₹368.1m | ₹323.4m | ₹363.1m |
| Net income | ₹264.1m | ₹255.0m | ₹256.1m | ₹260.9m | ₹247.6m | ₹237.1m | ₹179.7m | ₹236.6m |
| Diluted earnings per share | 12.75 | 12.31 | 12.36 | 12.59 | 11.95 | 11.44 | 8.80 | 11.58 |
| Cash from operations | — | — | — | ₹345.0m | — | — | — | — |
| Capital spending | — | — | — | −₹877.0m | — | — | — | — |
| Free cash flow | — | — | — | −₹532.0m | — | — | — | — |
| Total assets | — | ₹13.00bn | — | ₹11.76bn | — | ₹10.08bn | — | ₹9.45bn |
| Cash and short-term investments | ₹297.5m | ₹297.5m | ₹371.1m | ₹371.1m | ₹189.9m | ₹163.4m | ₹260.5m | ₹361.7m |
| Debt | — | ₹2.86bn | — | ₹2.60bn | — | ₹1.92bn | — | ₹1.81bn |
| Shareholders' equity | ₹6.68bn | ₹6.68bn | ₹6.08bn | ₹6.08bn | ₹5.31bn | ₹5.31bn | ₹4.83bn | ₹4.83bn |
Financial ratios
Data as of 24 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 27.6% | 27.4% | 19.5% | 19.5% | 18.6% | 15.5% |
| Operating margin | 14.3% | 15.6% | 16.9% | 12.2% | 12.6% | 11.0% |
| Net margin | 8.7% | 9.7% | 10.7% | 8.0% | 8.2% | 7.6% |
| Return on equity | 15.3% | 17.5% | 21.2% | 13.7% | 24.6% | 59.2% |
| Return on assets | 7.8% | 9.2% | 11.3% | 8.7% | 12.8% | 17.2% |
| Free cash flow yield | 5.9% | 3.3% | 3.5% | 3.8% | -0.9% | 0.4% |
| Revenue growth | 21.7% | 19.5% | 45.2% | 42.8% | 25.1% | 74.0% |
| Earnings growth | 9.8% | 8.0% | 94.5% | 39.6% | 34.0% | 472.5% |
| Current ratio | 1.42x | 1.41x | 1.47x | 2.04x | 2.10x | 1.49x |
| Debt to equity | 0.43x | 0.36x | 0.37x | 0.28x | 0.50x | 0.94x |
| Equity ratio | 51.4% | 52.7% | 53.6% | 63.5% | 51.9% | 29.0% |
| Interest coverage | 4.09x | 4.34x | 6.13x | 6.84x | 6.89x | 6.11x |
| Buybacks as a share of market value | 0.0% | -1.4% | -0.6% | -0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.3% | 30.4% | — |
| Operating income | 35.4% | 37.5% | — |
| Net income | 32.1% | 34.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.5% | 24.4% | 23.2% | — |
| Operating margin | 14.9% | 14.9% | 14.4% | — |
| Net margin | 9.2% | 9.3% | 9.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Price to earnings | 37.5 | 25.9 | 35.8 | 64.3 | 45.8 |
| Price to sales | 3.3 | 2.5 | 3.8 | 5.2 | 3.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 4 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Paid in the year | 0.50 | 1.00 | 1.00 | 1.00 | 0.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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