Key metrics
Price as of 2026-07-17
Stock price
₹78.12
Market cap
13,501 Cr
Stock P/E
28.2
P/B
1.76
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 349 Cr | 712 Cr | 1,216 Cr | 1,743 Cr | 639 Cr | 1,371 Cr | 911 Cr | 1,275 Cr | 826 Cr | 1,119 Cr | 1,207 Cr | 1,244 Cr |
| Operating expenses (approx.) | 314 Cr | 621 Cr | 1,028 Cr | 1,432 Cr | 491 Cr | 1,041 Cr | 635 Cr | 985 Cr | 606 Cr | 848 Cr | 895 Cr | 983 Cr |
| EBITDA | 35 Cr | 91 Cr | 187 Cr | 311 Cr | 148 Cr | 330 Cr | 276 Cr | 290 Cr | 220 Cr | 271 Cr | 313 Cr | 261 Cr |
| OPM % | 10.0% | 12.8% | 15.4% | 17.8% | 23.1% | 24.1% | 30.3% | 22.8% | 26.6% | 24.2% | 25.9% | 21.0% |
| Other income | 4 Cr | 17 Cr | 21 Cr | 56 Cr | 12 Cr | 21 Cr | 82 Cr | 36 Cr | 36 Cr | 43 Cr | 31 Cr | 61 Cr |
| Interest | 70 Cr | 128 Cr | 191 Cr | 248 Cr | 58 Cr | 102 Cr | 37 Cr | 35 Cr | 34 Cr | 51 Cr | 50 Cr | 65 Cr |
| Depreciation | 29 Cr | 52 Cr | 80 Cr | 110 Cr | 42 Cr | 86 Cr | 47 Cr | 48 Cr | 49 Cr | 51 Cr | 53 Cr | 52 Cr |
| Profit before tax | -63 Cr | -89 Cr | -84 Cr | -47 Cr | 48 Cr | 142 Cr | 193 Cr | 208 Cr | 138 Cr | 169 Cr | 209 Cr | 144 Cr |
| Tax % | -2.2% | -3.2% | -5.2% | -7.6% | 1.7% | 3.1% | 41.8% | 8.3% | 29.2% | 28.8% | 39.5% | 26.6% |
| Net profit | -65 Cr | -91 Cr | -90 Cr | -53 Cr | 50 Cr | 141 Cr | 112 Cr | 190 Cr | 97 Cr | 121 Cr | 127 Cr | 106 Cr |
| EPS (₹) | ₹-1.99 | ₹-2.80 | ₹-2.75 | ₹-1.63 | ₹1.63 | ₹1.11 | ₹0.89 | ₹1.15 | ₹0.60 | ₹0.70 | ₹0.73 | ₹0.61 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019Standalone only | Mar 2020Standalone only | Mar 2021Standalone only | Mar 2022Standalone only | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,437 Cr | 760 Cr | 711 Cr | 625 Cr | 737 Cr | 1,743 Cr | 3,557 Cr | 4,397 Cr | Sign in for TTM |
| Operating expenses (approx.) | 1,265 Cr | 866 Cr | 800 Cr | 853 Cr | 994 Cr | 1,488 Cr | 2,669 Cr | 3,334 Cr | Sign in for TTM |
| EBITDA | 173 Cr | -106 Cr | -89 Cr | -229 Cr | -257 Cr | 255 Cr | 888 Cr | 1,063 Cr | Sign in for TTM |
| OPM % | 12.0% | -13.9% | -12.5% | -36.6% | -34.8% | 14.6% | 25.0% | 24.2% | Sign in for TTM |
| Other income | 17 Cr | 24 Cr | 73 Cr | 84 Cr | 14 Cr | 56 Cr | 144 Cr | 172 Cr | Sign in for TTM |
| Interest | 169 Cr | 244 Cr | 255 Cr | 283 Cr | 341 Cr | 248 Cr | 169 Cr | 200 Cr | Sign in for TTM |
| Depreciation | 66 Cr | 80 Cr | 88 Cr | 89 Cr | 106 Cr | 110 Cr | 182 Cr | 204 Cr | Sign in for TTM |
| Profit before tax | -62 Cr | -430 Cr | -433 Cr | -600 Cr | -689 Cr | -47 Cr | 537 Cr | 659 Cr | Sign in for TTM |
| Tax % | 35.8% | 35.0% | 35.1% | 28.4% | 2.7% | -7.6% | 19.0% | 31.9% | Sign in for TTM |
| Net profit | -40 Cr | -279 Cr | -307 Cr | -430 Cr | -671 Cr | -53 Cr | 438 Cr | 449 Cr | Sign in for TTM |
| EPS (₹) | ₹-1.80 | ₹-12.59 | ₹-13.84 | ₹-19.37 | ₹-20.58 | ₹-1.63 | ₹2.77 | ₹2.65 | Sign in for TTM |
| Dividend payout % | — | — | — | — | — | — | 0.0% | 0.0% | Sign in for TTM |
Sign in for TTM
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019Standalone only | Mar 2020Standalone only | Mar 2021Standalone only | Mar 2022Standalone only | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 222 Cr | 222 Cr | 222 Cr | 222 Cr | 326 Cr | 326 Cr | 863 Cr | 1,728 Cr |
| Reserves | 1,743 Cr | 1,464 Cr | 1,094 Cr | 1,607 Cr | 1,410 Cr | 1,371 Cr | 3,423 Cr | 4,654 Cr |
| Borrowings | 667 Cr | 511 Cr | 831 Cr | 764 Cr | 2,382 Cr | 3,248 Cr | 1,464 Cr | 1,276 Cr |
| Other liabilities | 1,093 Cr | 1,838 Cr | 1,790 Cr | 1,468 Cr | 1,440 Cr | 1,355 Cr | 1,725 Cr | 3,099 Cr |
| Total liabilities | 3,771 Cr | 4,133 Cr | 4,210 Cr | 4,466 Cr | 6,083 Cr | 6,795 Cr | 8,795 Cr | 12,068 Cr |
| Fixed assets (net) | 436 Cr | 432 Cr | 407 Cr | 375 Cr | 1,569 Cr | 1,494 Cr | 1,980 Cr | 2,490 Cr |
| CWIP | 7 Cr | 7 Cr | 3 Cr | 10 Cr | 123 Cr | 266 Cr | 296 Cr | 247 Cr |
| Investments | 492 Cr | 505 Cr | 498 Cr | 1,287 Cr | 0.80 Cr | 0.0000 Cr | 446 Cr | 550 Cr |
| Other assets | 2,942 Cr | 3,387 Cr | 3,498 Cr | 2,528 Cr | 3,118 Cr | 3,063 Cr | 5,061 Cr | 7,654 Cr |
| Total assets | 3,771 Cr | 4,133 Cr | 4,210 Cr | 4,466 Cr | 6,083 Cr | 6,795 Cr | 8,795 Cr | 12,068 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019Standalone only | Mar 2020Standalone only | Mar 2021Standalone only | Mar 2022Standalone only | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | -422 Cr | -1,099 Cr | -147 Cr | 138 Cr | -598 Cr |
| Cash from investing | — | — | — | -127 Cr | 231 Cr | -740 Cr | -406 Cr | -850 Cr |
| Cash from financing | — | — | — | 486 Cr | 824 Cr | 878 Cr | 277 Cr | 1,558 Cr |
| Net cash flow | — | — | — | -63 Cr | -45 Cr | -9 Cr | 9 Cr | 110 Cr |
| Free cash flow (OCF − Capex) | — | — | — | -601 Cr | -1,487 Cr | -898 Cr | -483 Cr | -1,247 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019Standalone only | Mar 2020Standalone only | Mar 2021Standalone only | Mar 2022Standalone only | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 5.4% | -11.1% | -13.5% | -17.4% | -7.8% | 2.7% | 10.0% | 9.6% |
| ROE % | -2.0% | -16.6% | -23.2% | -23.4% | -29.5% | -1.8% | 8.0% | 5.3% |
| Debtor days | 427 | 944 | 854 | 610 | 409 | 238 | — | — |
| Inventory days | 209 | 1284 | 726 | 532 | 804 | 438 | 240 | 292 |
| Days payable | 253 | 1319 | 749 | 332 | 431 | 213 | — | — |
| Cash conversion cycle | 382 | 909 | 831 | 809 | 782 | 463 | 240 | 292 |
| Debt / equity | 0.33 | 0.29 | 0.52 | 0.00 | 1.37 | 1.91 | 0.26 | 0.17 |
| Current ratio | 1.63 | 1.29 | 1.24 | 1.13 | 1.09 | 0.75 | 1.64 | 2.01 |
| Net debt / EBITDA | 0.00 | — | — | — | — | 12.70 | 1.63 | 1.08 |
Compare with peers
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