V 
371.20
+2.47%
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
₹17.54bn
FY2017FY2026
Net income
₹1.22bn
FY2017FY2026
Free cash flow
−₹1.37bn
FY2017FY2026
Shareholders' equity
₹12.77bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹17.54bn | ₹17.64bn | ₹16.61bn | ₹17.35bn | ₹13.68bn | ₹9.37bn | ₹8.40bn | ₹10.78bn | ₹8.57bn | ₹6.74bn |
| Research and development | — | — | ₹122.0m | ₹121.3m | ₹107.3m | ₹76.2m | ₹78.2m | ₹80.4m | ₹60.9m | ₹44.4m |
| Operating income | ₹1.76bn | ₹1.44bn | ₹1.40bn | ₹1.52bn | ₹1.76bn | ₹805.8m | ₹203.8m | ₹456.9m | ₹468.8m | ₹474.1m |
| Net income | ₹1.22bn | ₹930.9m | ₹916.3m | ₹1.00bn | ₹1.01bn | ₹441.9m | ₹33.4m | ₹222.1m | ₹250.4m | ₹191.4m |
| Diluted earnings per share | 12.59 | 9.62 | 11.19 | 12.25 | 12.35 | 5.45 | 0.41 | 2.74 | 3.09 | 2.36 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹16.33bn | ₹11.36bn | ₹10.40bn | ₹10.31bn | ₹9.21bn | ₹8.03bn | ₹7.70bn | ₹8.89bn | ₹6.77bn | ₹6.13bn |
| Cash and short-term investments | ₹2.13bn | ₹213.3m | ₹76.4m | ₹295.4m | ₹313.5m | ₹523.4m | ₹73.1m | ₹2.9m | ₹156.5m | ₹70.7m |
| Total liabilities | ₹3.56bn | ₹3.38bn | ₹3.20bn | ₹3.88bn | ₹3.66bn | ₹3.43bn | ₹3.57bn | ₹5.27bn | ₹3.37bn | ₹4.15bn |
| Debt | ₹930.1m | ₹1.20bn | ₹837.1m | ₹1.44bn | ₹1.62bn | ₹1.91bn | ₹2.66bn | ₹3.34bn | ₹2.28bn | ₹2.54bn |
| Shareholders' equity | ₹12.77bn | ₹7.98bn | ₹7.19bn | ₹6.42bn | ₹5.55bn | ₹4.59bn | ₹4.14bn | ₹3.62bn | ₹3.39bn | ₹1.98bn |
| Shares outstanding | 97m | 97m | 82m | 82m | 82m | 81m | 81m | 81m | 81m | 81m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₹1.06bn | ₹1.27bn | ₹1.42bn | ₹735.8m | ₹588.8m | ₹872.4m | ₹1.35bn | −₹188.5m | ₹112.1m | ₹680.4m |
| Capital spending | −₹2.43bn | −₹1.19bn | −₹679.6m | −₹287.9m | −₹353.0m | −₹94.8m | −₹358.3m | −₹796.6m | −₹129.5m | −₹327.2m |
| Free cash flow | −₹1.37bn | ₹80.8m | ₹744.4m | ₹447.9m | ₹235.8m | ₹777.6m | ₹996.0m | −₹985.0m | −₹17.4m | ₹353.2m |
| Dividends paid | −₹288.8m | −₹162.4m | −₹162.1m | −₹141.5m | −₹60.5m | −₹60.5m | −₹60.5m | −₹60.5m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.86bn | ₹4.58bn | ₹4.31bn | ₹4.32bn | ₹4.34bn | ₹4.28bn | ₹4.27bn | ₹4.95bn |
| Operating income | ₹526.6m | ₹382.9m | ₹484.8m | ₹443.3m | ₹303.3m | ₹303.3m | ₹335.6m | ₹400.5m |
| Net income | ₹411.9m | ₹339.8m | ₹335.9m | ₹345.6m | ₹199.0m | ₹197.3m | ₹214.6m | ₹258.2m |
| Diluted earnings per share | 4.25 | 3.51 | 3.47 | 3.57 | 2.06 | 2.04 | 2.62 | 3.15 |
| Cash from operations | — | — | — | ₹709.0m | — | ₹1.27bn | — | ₹340.0m |
| Capital spending | — | — | — | −₹1.34bn | — | −₹1.19bn | — | −₹312.0m |
| Free cash flow | — | — | — | −₹634.0m | — | ₹81.0m | — | ₹28.0m |
| Total assets | — | ₹16.33bn | — | ₹15.59bn | — | ₹11.36bn | — | ₹11.72bn |
| Cash and short-term investments | ₹2.13bn | ₹2.53bn | ₹2.66bn | ₹2.66bn | ₹213.3m | ₹213.3m | ₹436.4m | ₹436.4m |
| Debt | — | ₹929.0m | — | ₹774.7m | — | ₹1.20bn | — | ₹1.42bn |
| Shareholders' equity | ₹12.77bn | ₹12.77bn | ₹12.08bn | ₹12.08bn | ₹7.98bn | ₹7.98bn | ₹7.56bn | ₹7.56bn |
Financial ratios
Data as of 24 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 10.0% | 8.1% | 8.5% | 8.8% | 12.8% | 8.6% | — | — |
| Net margin | 7.0% | 5.3% | 5.5% | 5.8% | 7.4% | 4.7% | — | — |
| Return on equity | 9.6% | 11.7% | 12.7% | 15.6% | 18.2% | 9.6% | — | — |
| Return on assets | 7.5% | 8.2% | 8.8% | 9.7% | 10.9% | 5.5% | — | — |
| Free cash flow yield | 8.9% | 6.3% | 6.3% | 3.1% | 2.9% | 2.9% | — | — |
| Revenue growth | -0.6% | 6.2% | -4.2% | 26.8% | 46.0% | 11.6% | — | — |
| Earnings growth | 31.1% | 1.6% | -8.8% | -0.3% | 128.0% | 1223.2% | — | — |
| Current ratio | 2.90x | 2.11x | 2.38x | 2.18x | 2.27x | 2.09x | — | — |
| Debt to equity | 0.07x | 0.15x | 0.12x | 0.22x | 0.29x | 0.41x | — | — |
| Equity ratio | 78.2% | 70.2% | 69.2% | 62.3% | 60.3% | 57.2% | — | — |
| Interest coverage | 14.78x | 7.71x | 7.62x | 8.61x | 10.16x | 4.09x | — | — |
| R&D as a share of sales | — | — | 0.7% | 0.7% | 0.8% | 0.8% | 0.9% | 0.7% |
| Buybacks as a share of market value | -0.1% | -18.2% | 0.1% | -0.5% | -0.6% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 13.4% | 10.3% |
| Operating income | 5.0% | 16.9% | 42.2% |
| Net income | 6.7% | 22.5% | 37.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.1% | 8.9% | 9.4% | 7.8% |
| Net margin | 6.1% | 5.9% | 6.0% | 4.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 28.5 | 29.6 | 20.2 | 17.8 | 12.5 | 23.3 | 142.9 | 12.8 | 15.6 | 35.4 |
| Price to sales | 2.0 | 1.6 | 1.1 | 1.0 | 0.9 | 1.1 | 0.6 | 0.3 | 0.5 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 28 Aug 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Paid in the year | 3.50 | 3.00 | 2.00 | 2.00 | 1.75 | 0.75 |
- 2-for-1 split · 26 May 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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