Standalone figures · ₹ crore · years without a filed annual are summed from quarters
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 407 | 465 | 465 | 512 | 526 | 447 | 661 | 777 | 884 | 1,117 | 1,135 | |
| COGS | -268 | 327 | 327 | 362 | 366 | 324 | 470 | 523 | 592 | 723 | 707 |
| Gross profit | — | 138 | 138 | 150 | 160 | 124 | 192 | 254 | 292 | 394 | 428 |
| 633 | 104 | 104 | 107 | 117 | 104 | 133 | 166 | 202 | 290 | 307 | |
| 42 | 34 | 34 | 43 | 42 | 20 | 58 | 87 | 90 | 104 | 121 | |
| OPM % | 10.2% | 7.3% | 7.3% | 8.4% | 8.1% | 4.5% | 8.8% | 11.2% | 10.2% | 9.3% | 10.7% |
| Depreciation | 12 | 10 | 10 | 10 | 11 | 11 | 11 | 12 | 13 | 18 | 19 |
| Interest | 1 | 5 | 5 | 9 | 9 | 6 | 4 | 2 | 4 | 5 | 2 |
| 5 | 10 | 10 | 10 | 10 | -18 | 14 | 6 | 13 | -23 | 11 | |
| Profit before tax | 32 | 28 | 28 | 35 | 33 | -16 | 58 | 79 | 86 | 59 | 111 |
| Tax | 9 | 10 | 10 | 11 | 5 | -4 | 13 | 20 | 22 | 15 | 28 |
| Tax % | 28.8% | 34.3% | 34.3% | 31.4% | 15% | -23.5% | 22.4% | 25.1% | 26.1% | 25.8% | 25.6% |
| 23 | 19 | 19 | 24 | 28 | -12 | 45 | 59 | 63 | 43 | 83 | |
| PAT margin % | 5.6% | 4% | 4% | 4.7% | 5.4% | -2.7% | 6.8% | 7.6% | 7.2% | 3.9% | 7.3% |
| EPS (₹) | 17.8 | 13.7 | 13.7 | 17.5 | 20.8 | -8.8 | 33.2 | 43.6 | 46.5 | 25 | 47.6 |
| EPS adjusted (₹) | 16.7 | 13.7 | 13.7 | 17.5 | 20.8 | -8.8 | 33.2 | 43.6 | 46.5 | 25 | 47.6 |
| 28.1% | 36.6% | 36.6% | 37.1% | 31.3% | — | 37.6% | 40.1% | 0% | 154.1% | 48.3% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | — | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 17 | 17 |
| Reserves | 205 | 224 | 234 | 250 | 232 | 224 | 268 | 310 | 349 | 498 | 546 |
| 28 | 0 | 81 | 65 | 65 | 28 | 1 | 16 | 43 | 1 | 1 | |
| 90 | 142 | 102 | 103 | 112 | 110 | 110 | 112 | 116 | 181 | 273 | |
| Total equity & liabilities | 337 | 379 | 430 | 431 | 423 | 375 | 393 | 452 | 521 | 698 | 838 |
| 99 | 101 | 93 | 106 | 106 | 109 | 110 | 113 | 117 | 186 | 193 | |
| CWIP | 1 | 4 | 1 | 1 | 1 | 3 | 7 | 2 | 25 | 4 | 3 |
| Investments | 12 | 13 | 6 | 7 | 7 | 20 | 27 | 31 | 34 | 42 | 58 |
| 224 | 261 | 331 | 317 | 309 | 244 | 248 | 307 | 344 | 466 | 584 | |
| Total assets | 337 | 379 | 430 | 431 | 423 | 375 | 393 | 452 | 521 | 698 | 838 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Welding | 1,078.88 | 162.23 | 569.88 | 207.53 | 362.35 | 44.77 |
| Flares & Process Equipment | 56.71 | -23.29 |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 63 | 13 | 79 | 26 | 14 | 35 | 139 | 117 | |
| -19 | -21 | -7 | -5 | -10 | -37 | -19 | -67 | |
| -33 | -13 | -61 | -31 | -5 | -2 | -93 | -38 | |
| Net cash flow | — | — | 12 | -11 | -1 | -4 | 26 | 12 |
| Free cash flow | — | — | 70 | 9 | -1 | -7 | 98 | 95 |
| CFO / Operating profit % | 146.5% | 30.6% | 397.1% | 45.1% | 15.7% | 38.4% | 134% | 96.1% |
| 60.09 |
| 50.86 |
| 9.23 |
| -252.33 |
₹ crore by fiscal year