Consolidated figures · ₹ crore
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,061 | 1,061 | 1,158 | 977 | 875 | 1,014 | 1,262 | 1,461 | 1,700 | 1,811 | |
| COGS | 683 | 683 | 760 | 612 | 552 | 653 | 842 | 961 | 1,105 | 1,159 |
| Gross profit | 379 | 379 | 399 | 365 | 323 | 361 | 420 | 500 | 596 | 652 |
| 269 | 269 | 265 | 240 | 204 | 236 | 264 | 308 | 341 | 371 | |
| 110 | 110 | 134 | 125 | 119 | 125 | 157 | 192 | 255 | 281 | |
| OPM % | 10.4% | 10.4% | 11.5% | 12.8% | 13.6% | 12.3% | 12.4% | 13.2% | 15% | 15.5% |
| Depreciation | 23 | 23 | 32 | 37 | 45 | 47 | 38 | 39 | 42 | 63 |
| Interest | 51 | 51 | 58 | 61 | 64 | 68 | 75 | 90 | 90 | 94 |
| 4 | 4 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | -1 | |
| Profit before tax | 40 | 40 | 48 | 31 | 14 | 14 | 47 | 68 | 128 | 123 |
| Tax | 13 | 13 | 15 | 9 | 4 | 6 | 16 | 24 | 34 | 32 |
| Tax % | 31.9% | 31.9% | 31.9% | 28.4% | 27% | 44% | 35.2% | 35.9% | 26.4% | 26.1% |
| 28 | 28 | 33 | 22 | 10 | 8 | 30 | 44 | 94 | 91 | |
| PAT margin % | 2.6% | 2.6% | 2.8% | 2.2% | 1.2% | 0.8% | 2.4% | 3% | 5.5% | 5% |
| EPS (₹) | 4.3 | 4.3 | 5.1 | 3.4 | 1.6 | 1.2 | 4.7 | 6.8 | 14.6 | 14.2 |
| EPS adjusted (₹) | — | — | — | 3.4 | 1.6 | 1.2 | 4.7 | 6.8 | 14.6 | 14.2 |
| 35.1% | 23.4% | 4% | 4.4% | 9.7% | 12.4% | 21.3% | 14.7% | 6.9% | 7.1% | |
| Annual report | 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 684 | 694 | 700 | 729 | 764 | 851 | 936 |
| Minority interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 574 | 552 | 565 | 598 | 623 | 633 | 750 | |
| 245 | 278 | 307 | 307 | 421 | 544 | 646 | |
| Total equity & liabilities | 1,569 | 1,590 | 1,638 | 1,701 | 1,874 | 2,095 | 2,398 |
| 486 | 459 | 444 | 451 | 461 | 498 | 614 | |
| CWIP | 3 | 2 | 10 | 9 | 10 | 8 | 41 |
| Investments | 7 | 5 | 3 | 0 | 0 | 0 | 10 |
| 1,072 | 1,124 | 1,181 | 1,241 | 1,403 | 1,589 | 1,733 | |
| Total assets | 1,569 | 1,590 | 1,638 | 1,701 | 1,874 | 2,095 | 2,398 |
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 % |
|---|---|---|---|---|---|---|
| Metering, Systems & Services | 1,026.43 | 179.88 | 1,529.41 | 393.45 | 1,135.96 | 15.84 |
| Consumer, Industrial & Services | 784.67 | 80.11 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 20 | 83 | 63 | 85 | 101 | 104 | 100 | 138 | 226 | |
| -51 | -59 | -57 | -60 | -8 | -41 | -40 | -39 | -70 | -223 | |
| 49 | 40 | -29 | -3 | -71 | -58 | -74 | -72 | -66 | 16 | |
| Net cash flow | 1 | 2 | -3 | -0 | 6 | 2 | -10 | -11 | 2 | 20 |
| Free cash flow | -55 | -42 | 29 | -3 | 75 | 58 | 62 | 58 | 65 | 13 |
| CFO / Operating profit % | 3.2% | 18.6% | 62.2% | 50.1% | 71.1% | 80.8% | 66.1% | 52.2% | 54.3% | 80.5% |
| 856.55 |
| 249.59 |
| 606.96 |
| 13.2 |
₹ crore by fiscal year