Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| 194 | 217 | 190 | 214 | 172 | 180 | 257 | 210 | 202 | 230 | |
| COGS | 105 | 112 | 88 | 112 | 84 | 102 | 146 | 119 | 116 | 139 |
| Gross profit | 89 | 105 | 102 | 102 | 88 | 77 | 112 | 91 | 86 | 91 |
| 54 | 57 | 60 | 59 | 50 | 42 | 76 | 61 | 57 | 60 | |
| Operating profit (EBITDA) | 35 | 48 | 42 | 43 | 38 | 36 | 36 | 31 | 29 | 32 |
| OPM % | 18.1% | 22.2% | 22.2% | 19.9% | 22.3% | 19.8% | 13.9% | 14.5% | 14.3% | 13.7% |
| Depreciation | 13 | 14 | 13 | 17 | 17 | 18 | 10 | 9 | 8 | 8 |
| Interest | 13 | 12 | 12 | 14 | 10 | 12 | 6 | 6 | 7 | 8 |
| 2 | 3 | 3 | 9 | 5 | 8 | 2 | 1 | 1 | 1 | |
| Profit before tax | 11 | — | — | — | — | 16 | 21 | 16 | 14 | 17 |
| Tax | 1 | 8 | 2 | 6 | 5 | 0 | -0 | 6 | 6 | 5 |
| Tax % | 9.1% | — | — | — | — | 0.9% | -2.3% | 36.7% | 43.2% | 31.6% |
| 10 | 13 | 13 | 11 | 16 | 16 | 22 | 10 | 8 | 11 | |
| PAT margin % | 5% | 6% | 6.8% | 5.1% | 9.1% | 8.8% | 8.5% | 4.9% | 4.1% | 4.9% |
| EPS (₹) | 14.3 | 22.5 | 19.2 | 22.6 | 16.1 | 23.3 | 32.3 | 15.3 | 12.1 | 16.8 |
| EPS adjusted (₹) | 14.3 | 19.2 | 19.2 | 16.1 | 23.3 | 23.3 | 32.3 | 15.3 | 12.1 | 16.8 |
| 14% | 8.9% | 0% | 8.9% | 12.4% | 9% | 6.8% | 14.4% | 18.2% | 13.1% | |
| 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 2024 | Annual report for Mar 2025 |
| ₹ 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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 80 | 91 | 104 | 118 | 128 | 141 | 163 | 170 | 187 | 185 | 193 |
| Minority interest | — | — | 4 | 8 | 8 | — | 1 | 4 | — | — | — |
| 77 | 78 | 159 | 108 | 118 | 80 | 99 | 63 | 65 | 52 | 56 | |
| 31 | 45 | 28 | 85 | 42 | 26 | 26 | 26 | 55 | 32 | 54 | |
| Total equity & liabilities | 194 | 221 | 302 | 327 | 303 | 253 | 296 | 270 | 313 | 276 | 309 |
| 110 | 99 | 165 | 186 | 172 | 134 | 122 | 147 | 142 | 123 | 118 | |
| CWIP | 5 | 5 | 5 | 5 | 5 | 5 | 37 | 5 | 5 | 5 | 5 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 78 | 117 | 131 | 135 | 125 | 113 | 137 | 116 | 166 | 147 | 185 | |
| Total assets | 194 | 221 | 302 | 327 | 303 | 253 | 296 | 270 | 313 | 276 | 309 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 | 27 | 17 | 104 | 18 | 54 | 12 | 34 | 9 | 14 | |
| 2 | -4 | -80 | -41 | -17 | 3 | -24 | 10 | -4 | 12 | |
| -24 | -23 | 68 | -67 | -2 | -56 | 12 | -44 | -6 | -23 | |
| Net cash flow | 0 | -1 | 5 | -3 | -1 | 1 | 0 | 0 | -1 | 3 |
| Free cash flow | 21 | 15 | -63 | 25 | -1 | 53 | -22 | 31 | 6 | 13 |
| CFO / Operating profit % | 62.5% | 56.3% | 39.3% | 244.4% | 46.2% | 152.6% | 33.9% | 112% | 29.5% | 44.6% |