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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,272 | 2,433 | 2,977 | 4,040 | 3,200 | 2,518 | 2,831 | 3,074 | 4,272 | 4,115 | 3,692 | |
| COGS | 1,452 | -71 | 64 | 78 | 2,284 | 1,667 | 2,082 | 2,295 | 2,973 | 2,807 | 2,710 |
| Gross profit | 820 | — | 2,913 | 3,962 | 916 | 851 | 749 | 779 | 1,298 | 1,308 | 982 |
| — | 2,443 | 2,765 | 3,659 | 804 | 631 | 663 | 645 | 879 | 936 | 939 | |
| — | 61 | 149 | 303 | 112 | 220 | 86 | 134 | 420 | 372 | 43 | |
| OPM % | — | 2.5% | 5% | 7.5% | 3.5% | 8.7% | 3.1% | 4.4% | 9.8% | 9% | 1.2% |
| Depreciation | 154 | 148 | 149 | 143 | 134 | 121 | 88 | 49 | 47 | 44 | 43 |
| Interest | 14 | 4 | 5 | 38 | 16 | 54 | 45 | 67 | 60 | 46 | 24 |
| 8 | 1 | 9 | 56 | 62 | 4 | 7 | -30 | 5 | 128 | 1 | |
| Profit before tax | -180 | -91 | 3 | 142 | 24 | 50 | -40 | -12 | 317 | 410 | -23 |
| Tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32 | -7 |
| Tax % | -0% | 0% | 1% | 0.1% | 0.1% | 0% | 0% | 0.1% | 0% | -7.8% | -31.7% |
| -180 | -91 | 3 | 142 | 24 | 49 | -40 | -12 | 317 | 442 | -16 | |
| PAT margin % | -7.9% | -3.8% | 0.1% | 3.5% | 0.8% | 2% | -1.4% | -0.4% | 7.4% | 10.7% | -0.4% |
| EPS (₹) | — | — | — | — | 18.9 | 38.9 | -31.7 | -9.3 | 249.1 | 347.1 | -12.3 |
| EPS adjusted (₹) | -34.5 | — | — | — | — | 38.9 | -31.7 | -9.3 | 249.1 | 347.1 | -12.3 |
| 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 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 52 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | -1,268 | -1,055 | — | -1,109 | -794 | -172 | -167 |
| 3,075 | 1,046 | — | 1,985 | 1,769 | 1,283 | 1,060 | |
| 370 | 1,894 | — | 863 | 853 | 794 | 1,106 | |
| Total equity & liabilities | 2,230 | 1,897 | — | 1,752 | 1,841 | 1,918 | 2,013 |
| 1,321 | 738 | 661 | 638 | 613 | 601 | 626 | |
| CWIP | 21 | 27 | — | 26 | 44 | 98 | 138 |
| Investments | 2 | 7 | — | 8 | 8 | 8 | 8 |
| 886 | 1,124 | — | 1,081 | 1,177 | 1,212 | 1,240 | |
| Total assets | 2,230 | 1,897 | — | 1,752 | 1,841 | 1,918 | 2,013 |
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 % |
|---|---|---|---|---|---|---|
| Special Steel Division | 2,465.65 | -10.44 | 1,211.57 | 1,454.73 | — | — |
| Engineering & Technologies Division | 1,208.94 | 23.81 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 130 | 64 | 161 | 344 | 177 | 225 | 179 | 107 | 351 | 329 | 351 | |
| -14 | -30 | -46 | -67 | -6 | -62 | -14 | -2 | -68 | -72 | -99 | |
| -95 | -50 | -106 | -262 | -184 | -105 | -189 | -103 | -294 | -303 | -227 | |
| Net cash flow | 22 | -16 | 9 | 15 | -14 | 58 | -24 | 2 | -11 | -46 | 25 |
| Free cash flow | 113 | 33 | 111 | 266 | 154 | 184 | 139 | 90 | 283 | 240 | 253 |
| CFO / Operating profit % | — | 106.5% | 108.6% | 113.4% | 157.8% | 102.3% | 207.4% | 79.7% | 83.8% | 88.5% | 819.7% |
| 720.85 |
| 668.62 |
| 52.23 |
| 45.59 |
| Electric Vehicle Division | 39.6 | -8.87 | 31.73 | 14.32 | 17.41 | -50.95 |
| Others | 0 | 0.08 | 9.14 | 28.89 | — | — |
₹ crore by fiscal year