Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,002 | 6,598 | 8,415 | 10,146 | 8,056 | 6,336 | 10,461 | 12,910 | 15,682 | 15,123 | 16,812 | |
| COGS | — | — | — | — | 3,577 | 2,634 | 4,216 | 5,961 | 7,379 | 6,594 | 7,590 |
| Gross profit | — | — | — | — | 4,479 | 3,702 | 6,245 | 6,949 | 8,303 | 8,528 | 9,222 |
| 5,593 | 5,799 | 7,159 | 8,611 | 3,408 | 2,870 | 4,262 | 5,215 | 5,740 | 5,838 | 6,305 | |
| 1,408 | 799 | 1,256 | 1,535 | 1,072 | 832 | 1,983 | 1,734 | 2,563 | 2,690 | 2,917 | |
| OPM % | 20.1% | 12.1% | 14.9% | 15.1% | 13.3% | 13.1% | 19% | 13.4% | 16.4% | 17.8% | 17.4% |
| Depreciation | 453 | — | — | — | 548 | 612 | 730 | 736 | 848 | 874 | 971 |
| Interest | 116 | 100 | 107 | 127 | 171 | 108 | 160 | 299 | 491 | 417 | 323 |
| 132 | 119 | 142 | 203 | 109 | -137 | 288 | 127 | 215 | 57 | 44 | |
| Profit before tax | — | — | — | 1,599 | 462 | -25 | 1,381 | 827 | 1,439 | 1,456 | 1,667 |
| Tax | 316 | 249 | 442 | 566 | 112 | 102 | 303 | 319 | 529 | 543 | 578 |
| Tax % | — | — | — | 35.4% | 24.4% | 398.9% | 22% | 38.5% | 36.8% | 37.3% | 34.7% |
| 675 | 711 | 754 | 1,033 | 349 | -127 | 1,077 | 508 | 910 | 913 | 1,089 | |
| PAT margin % | 9.7% | 10.8% | 9% | 10.2% | 4.3% | -2% | 10.3% | 3.9% | 5.8% | 6% | 6.5% |
| EPS (₹) | — | — | — | 22.2 | 7.5 | -2.7 | 23.2 | 11.4 | 20.4 | 20.1 | 22.6 |
| EPS adjusted (₹) | 14.5 | 17.4 | 16.9 | 22.2 | 7.5 | 4.2 | 23.2 | 9.9 | 20.4 | 19.7 | 22.6 |
| — | — | — | 22.6% | 46.6% | — | 30.1% | 61.7% | 44.1% | 42.4% | 37.6% | |
| 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 | 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 | 47 | 47 | 93 | 93 | 93 | 93 | 93 | 93 | 93 | 96 | 96 |
| Reserves | 3,529 | 4,070 | 4,559 | 5,283 | 5,127 | 5,322 | 6,478 | 6,612 | 7,077 | 9,125 | 9,461 |
| Minority interest | — | 10 | 29 | 30 | 32 | 32 | 56 | 36 | — | — | — |
| 2,518 | 2,321 | 2,711 | 3,773 | 3,878 | 4,995 | 5,655 | 6,852 | 7,522 | 6,288 | 6,875 | |
| 2,858 | 2,436 | 2,624 | 2,463 | 2,433 | 2,736 | 3,328 | 4,790 | 4,657 | 4,579 | 5,829 | |
| Total equity & liabilities | 8,952 | 8,883 | 10,016 | 11,642 | 11,563 | 13,178 | 15,609 | 18,384 | 19,349 | 20,088 | 22,260 |
| 3,480 | 3,277 | 3,499 | 3,624 | 3,868 | 4,750 | 4,870 | 6,161 | 6,309 | 6,599 | 8,187 | |
| CWIP | 566 | 400 | 344 | 831 | 1,143 | 900 | 1,125 | 696 | 977 | 1,725 | 1,251 |
| Investments | 804 | 1,192 | 1,501 | 1,524 | 1,618 | 2,607 | 2,524 | 2,569 | 1,849 | 2,091 | 1,767 |
| 4,102 | 4,015 | 4,672 | 5,664 | 4,934 | 4,921 | 7,091 | 8,958 | 10,214 | 9,673 | 11,055 | |
| Total assets | 8,952 | 8,883 | 10,016 | 11,642 | 11,563 | 13,178 | 15,609 | 18,384 | 19,349 | 20,088 | 22,260 |
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 % |
|---|---|---|---|---|---|---|
| Forgings | 13,928.58 | 1,956.09 | 14,297.12 | 2,939.44 | 11,357.68 | 17.22 |
| Others | 2,169.81 | 154.03 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,356 | 1,052 | 967 | 911 | 1,522 | 1,020 | 506 | 1,294 | 1,664 | 1,796 | 1,487 | |
| -927 | -684 | -814 | -1,175 | -1,132 | -1,511 | -690 | -1,671 | -667 | -1,964 | -1,033 | |
| -448 | -401 | -314 | 368 | -381 | 578 | 310 | 280 | -203 | -570 | -442 | |
| Net cash flow | -19 | -33 | -161 | 104 | 8 | 87 | 126 | -97 | 795 | -738 | 12 |
| Free cash flow | — | — | — | — | — | 106 | -562 | 298 | 140 | 346 | 346 |
| CFO / Operating profit % | 96.3% | 131.6% | 77% | 59.4% | 136.5% | 118.4% | 25.1% | 73.2% | 65.1% | 66.7% | 50.8% |
| 2,484.28 |
| 568.42 |
| 1,915.86 |
| 8.04 |
| Defence | 1,757.17 | 81.5 | 1,889.61 | 1,167.78 | 721.83 | 11.29 |
₹ crore by fiscal year