Standalone figures · ₹ crore
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 644 | 639 | 919 | |
| COGS | 255 | 264 | 432 |
| Gross profit | 389 | 375 | 487 |
| 319 | 289 | 336 | |
| 70 | 85 | 151 | |
| OPM % | 10.9% | 13.4% | 16.4% |
| Depreciation | 34 | 34 | 38 |
| Interest | 31 | 35 | 53 |
| 21 | 16 | 13 | |
| Profit before tax | 26 | 32 | 72 |
| Tax | 6 | 9 | 16 |
| Tax % | 24.1% | 27.1% | 22.3% |
| 20 | 23 | 56 | |
| PAT margin % | 3.1% | 3.7% | 6.1% |
| EPS (₹) | 3.7 | 3.6 | 8.1 |
| EPS adjusted (₹) | 3.7 | 3.4 | 8.1 |
| 0% | 0% | 12.3% | |
| Annual report | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity capital | 53 | 69 | 69 |
| Reserves | 443 | 755 | 818 |
| Minority interest | — | 0 | — |
| 361 | 348 | 637 | |
| 291 | 352 | 316 | |
| Total equity & liabilities | 1,147 | 1,524 | 1,839 |
| 291 | 301 | 510 | |
| CWIP | 64 | 148 | 80 |
| Investments | 68 | 110 | 117 |
| 724 | 965 | 1,133 | |
| Total assets | 1,147 | 1,524 | 1,839 |
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 84 | -96 | -45 | |
| -140 | -149 | -162 | |
| 56 | 250 | 216 | |
| Net cash flow | 0 | 5 | 10 |
| Free cash flow | 84 | -97 | -208 |
| CFO / Operating profit % | 119.9% | -112.4% | -29.6% |
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 % |
|---|---|---|---|---|---|---|
| Piping division | 883.88 | 130.39 | 1,599.25 | 913.91 | 685.34 | 19.03 |
| Power division | 34.68 | -4.06 |
| 50.97 |
| 18.6 |
| 32.37 |
| -12.54 |
| Unallocated | 0 | -8.03 | 189.01 | 19.67 | 169.34 | -4.74 |
₹ crore by fiscal year