Consolidated figures · ₹ crore
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| 284 | 283 | 415 | 505 | 426 | 562 | 535 | |
| COGS | 175 | 159 | 262 | 383 | 305 | 371 | 359 |
| Gross profit | 108 | 124 | 153 | 122 | 121 | 191 | 176 |
| 74 | 75 | 117 | 117 | 103 | 135 | 127 | |
| 34 | 50 | 37 | 5 | 18 | 56 | 50 | |
| OPM % | 12.1% | 17.5% | 8.8% | 1.1% | 4.3% | 10% | 9.3% |
| Depreciation | 8 | 9 | 12 | 15 | 16 | 19 | 19 |
| Interest | 4 | 2 | 5 | 14 | 13 | 16 | 12 |
| 1 | 5 | 1 | 6 | 28 | 4 | 7 | |
| Profit before tax | 23 | 44 | 21 | -18 | 18 | 25 | 26 |
| Tax | 0 | 12 | 6 | 1 | 2 | 8 | 8 |
| Tax % | 1.9% | 26.8% | 29.8% | 4.1% | 12.7% | 32.5% | 30.4% |
| 23 | 32 | 15 | -18 | 16 | 17 | 18 | |
| PAT margin % | 8.1% | 11.3% | 3.5% | -3.7% | 3.7% | 3% | 3.3% |
| EPS (₹) | 18.6 | 26.3 | 16.1 | -9.8 | 17 | 16.8 | 15.9 |
| EPS adjusted (₹) | 18.6 | 26.8 | 16.1 | -9.9 | 17 | 16.8 | 15.9 |
| 16.1% | 13.3% | 3.1% | — | 2.9% | 8.9% | 9.4% | |
| Annual report | 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 189 | 215 | 230 | 207 | 224 | 243 | 260 |
| Minority interest | 14 | 47 | 42 | 41 | 30 | 27 | 26 |
| 16 | 50 | 87 | 180 | 197 | 165 | 141 | |
| 46 | 65 | 98 | 107 | 112 | 143 | 164 | |
| Total equity & liabilities | 278 | 389 | 470 | 547 | 575 | 590 | 603 |
| 109 | 176 | 199 | 275 | 306 | 305 | 292 | |
| CWIP | 11 | 9 | 0 | 25 | 11 | 0 | 0 |
| Investments | 13 | 2 | 1 | 1 | 1 | 0 | 2 |
| 145 | 203 | 269 | 245 | 257 | 284 | 309 | |
| Total assets | 278 | 389 | 470 | 547 | 575 | 590 | 603 |
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 % |
|---|---|---|---|---|---|---|
| PIGMENTS | 429.18 | 33.84 | 639.29 | 252.24 | 387.05 | 8.74 |
| API | 113 | 3.96 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 7 | 9 | 34 | 8 | 58 | 43 | |
| -59 | -38 | -81 | -12 | -5 | -7 | |
| 50 | 28 | 47 | 4 | -49 | -38 | |
| Net cash flow | -2 | -0 | 0 | -0 | 3 | -2 |
| Free cash flow | -89 | -19 | 2 | -46 | 52 | 38 |
| CFO / Operating profit % | 14.3% | 24.8% | 636.6% | 42.7% | 103.1% | 86.8% |
| 158.6 |
| 135.59 |
| 23.01 |
| 17.21 |
₹ crore by fiscal year