Standalone figures · ₹ crore · years without a filed annual are summed from quarters
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,412 | 4,397 | 2,877 | 2,592 | 3,045 | 2,926 | 3,215 | 4,258 | 5,275 | 6,758 | 9,119 | |
| COGS | -552 | -887 | 1,191 | 1,070 | 1,253 | 1,218 | 1,225 | 1,781 | 2,438 | 3,253 | 3,543 |
| Gross profit | — | — | 1,685 | 1,522 | 1,792 | 1,707 | 1,990 | 2,476 | 2,837 | 3,506 | 5,576 |
| 2,642 | 5,034 | 1,428 | 1,141 | 1,200 | 1,191 | 1,363 | 1,675 | 1,972 | 2,346 | 3,992 | |
| 321 | 249 | 258 | 380 | 592 | 516 | 627 | 802 | 865 | 1,160 | 1,585 | |
| OPM % | 13.3% | 5.7% | 9% | 14.7% | 19.5% | 17.7% | 19.5% | 18.8% | 16.4% | 17.2% | 17.4% |
| Depreciation | 102 | 94 | 96 | 96 | 152 | 138 | 142 | 151 | 143 | 120 | 117 |
| Interest | 10 | — | 2 | 1 | 30 | 31 | 34 | 29 | 26 | 12 | 12 |
| 28 | 46 | 74 | 79 | 106 | 118 | 110 | 168 | 390 | 333 | 465 | |
| Profit before tax | 237 | 198 | 234 | 363 | 516 | 465 | 562 | 790 | 1,087 | 1,361 | 1,921 |
| Tax | 72 | 61 | 74 | 122 | 128 | 108 | 130 | 181 | 206 | 318 | 414 |
| Tax % | 30.3% | 31.1% | 31.4% | 33.6% | 24.8% | 23.2% | 23.1% | 23% | 18.9% | 23.4% | 21.5% |
| 165 | 136 | 161 | 241 | 388 | 357 | 432 | 608 | 881 | 1,043 | 1,507 | |
| PAT margin % | 6.8% | 3.1% | 5.6% | 9.3% | 12.7% | 12.2% | 13.4% | 14.3% | 16.7% | 15.4% | 16.5% |
| EPS (₹) | 31.7 | 26.2 | 30.9 | 46.4 | 74.6 | 68.7 | 83.1 | 117 | 169.4 | 200.6 | 96.6 |
| EPS adjusted (₹) | 10.6 | 8.7 | 10.3 | 15.5 | 24.9 | 22.9 | 27.7 | 39 | 56.5 | 66.9 | 96.6 |
| 25.2% | 30.5% | 25.9% | 21.6% | 32.2% | 35% | 33.7% | 37.6% | 33.1% | 47.3% | 51.7% | |
| 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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 31 |
| Reserves | 1,380 | 1,581 | 1,697 | 1,886 | 2,050 | 2,406 | 2,713 | 3,178 | 3,831 | 4,399 | 5,331 |
| 196 | 46 | 27 | 41 | 11 | 15 | 30 | 35 | 44 | 29 | 93 | |
| 510 | 442 | 582 | 707 | 1,025 | 1,087 | 1,093 | 1,315 | 1,460 | 1,576 | 1,889 | |
| Total equity & liabilities | 2,097 | 2,080 | 2,316 | 2,644 | 3,097 | 3,518 | 3,846 | 4,538 | 5,346 | 6,015 | 7,345 |
| 616 | 667 | 615 | 654 | 629 | 991 | 914 | 593 | 575 | 530 | 625 | |
| CWIP | 65 | 13 | 18 | 14 | 16 | 26 | 36 | 21 | 10 | 21 | 167 |
| Investments | 377 | 500 | 895 | 1,143 | 1,190 | 1,484 | 1,753 | 2,397 | 2,615 | 2,428 | 2,515 |
| 1,038 | 900 | 788 | 833 | 1,263 | 1,018 | 1,143 | 1,527 | 2,146 | 3,036 | 4,038 | |
| Total assets | 2,097 | 2,080 | 2,316 | 2,644 | 3,097 | 3,518 | 3,846 | 4,538 | 5,346 | 6,015 | 7,345 |
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 % |
|---|---|---|---|---|---|---|
| Cigarettes, Tobacco and related Products | 9,008.2 | 1,474.78 | 4,726.41 | 1,803.65 | 2,922.76 | 50.46 |
| Others | 110.82 | 6.92 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 326 | 248 | 514 | 352 | 377 | 300 | 482 | 739 | 270 | 115 | 512 | |
| -126 | -131 | -409 | -312 | -70 | -318 | -232 | -536 | 60 | 403 | 42 | |
| -200 | -120 | -96 | -39 | -299 | 7 | -238 | -206 | -333 | -509 | -619 | |
| Net cash flow | 0 | -3 | 9 | 0 | 7 | -11 | 12 | -3 | -3 | 8 | -65 |
| Free cash flow | 189 | 182 | 454 | 352 | 377 | 172 | 402 | 656 | 177 | -46 | 203 |
| CFO / Operating profit % | 101.7% | 99.5% | 199.3% | 92.4% | 63.6% | 58% | 76.9% | 92.2% | 31.2% | 9.9% | 32.3% |
| 18.7 |
| 13.66 |
| 5.04 |
| 137.3 |
₹ crore by fiscal year