Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 39,427 | 51,393 | 53,155 | 65,205 | 76,518 | 76,840 | 81,613 | 89,913 | |
| COGS | 2,645 | 17,345 | 20,131 | 26,385 | 29,006 | 27,247 | 31,979 | 32,548 |
| Gross profit | 36,782 | 34,048 | 33,024 | 38,820 | 47,512 | 49,593 | 49,634 | 57,365 |
| 22,839 | 14,780 | 16,028 | 18,144 | 21,798 | 23,311 | 23,545 | 29,670 | |
| 13,943 | 19,268 | 16,996 | 20,676 | 25,714 | 26,282 | 26,089 | 27,695 | |
| OPM % | 35.4% | 37.5% | 32% | 31.7% | 33.6% | 34.2% | 32% | 30.8% |
| Depreciation | — | 1,645 | 1,646 | 1,732 | 1,809 | 1,816 | 1,646 | 1,711 |
| Interest | 58 | 55 | 45 | 39 | 43 | 46 | 45 | 85 |
| 1,549 | 2,466 | 2,633 | 1,836 | 2,053 | 2,720 | 17,546 | 2,134 | |
| Profit before tax | 15,433 | 20,035 | 17,938 | 20,740 | 25,915 | 27,140 | 41,943 | 28,033 |
| Tax | 5,372 | 4,442 | 4,555 | 5,237 | 6,438 | 6,389 | 6,890 | 7,015 |
| Tax % | 34.8% | 22.2% | 25.4% | 25.3% | 24.8% | 23.5% | 16.4% | 25% |
| 9,912 | 15,593 | 13,383 | 15,503 | 19,477 | 20,751 | 35,052 | 21,018 | |
| PAT margin % | 25.1% | 30.3% | 25.2% | 23.8% | 25.5% | 27% | 43% | 23.4% |
| EPS (₹) | 12.4 | 12.5 | 10.7 | 12.4 | 15.5 | 16.4 | 27.8 | 16.5 |
| EPS adjusted (₹) | 8.2 | 12.5 | 10.7 | 12.4 | 15.4 | 16.4 | 27.8 | 16.5 |
| 68.8% | 81.4% | 100.5% | 93% | 100% | 83.7% | 51.6% | 87.8% | |
| Annual report | Annual report for Mar 2016 | 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 | 802 | 1,215 | 1,220 | 1,226 | 1,229 | 1,231 | 1,232 | 1,243 | 1,248 | 1,251 | 1,253 |
| Reserves | 37,533 | 45,198 | 51,290 | 57,915 | 64,044 | 59,116 | 61,223 | 67,912 | 73,259 | 68,779 | 71,254 |
| Minority interest | — | — | — | — | — | 347 | 366 | 384 | 383 | 368 | 366 |
| 225 | 38 | 29 | 10 | 7 | 10 | 6 | 39 | 11 | 91 | 2,186 | |
| 7,988 | 9,493 | 11,750 | 12,648 | 12,086 | 13,115 | 14,432 | 16,305 | 16,925 | 17,601 | 18,733 | |
| Total equity & liabilities | 46,547 | 55,943 | 64,289 | 71,798 | 77,367 | 73,819 | 77,260 | 85,883 | 91,826 | 88,091 | 93,792 |
| 14,794 | 15,691 | 16,321 | 19,172 | 20,361 | 22,922 | 23,867 | 24,624 | 26,540 | 21,051 | 21,638 | |
| CWIP | 2,105 | 3,684 | 5,500 | 4,126 | 3,252 | 4,004 | 3,198 | 2,985 | 2,851 | 1,088 | 1,499 |
| Investments | 6,557 | 11,173 | 10,846 | 13,627 | 28,663 | 25,247 | 25,205 | 29,767 | 31,455 | 35,042 | 38,432 |
| 23,091 | 25,395 | 31,622 | 34,874 | 25,091 | 21,646 | 24,989 | 28,507 | 30,980 | 30,910 | 32,223 | |
| Total assets | 46,547 | 55,943 | 64,289 | 71,798 | 77,367 | 73,819 | 77,260 | 85,883 | 91,826 | 88,091 | 93,792 |
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 % |
|---|---|---|---|---|---|---|
| FMCG - Cigarettes | 40,601 | 22,245.62 | 13,995.56 | 5,749.63 | 8,245.93 | 269.78 |
| FMCG - Others | 24,321.55 | 1,811.82 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,799 | 10,627 | 13,169 | 12,583 | 14,690 | 12,527 | 15,776 | 18,878 | 17,179 | 17,627 | 18,464 | |
| -3,921 | -3,251 | -7,114 | -5,546 | -6,174 | 5,683 | -2,238 | -5,732 | 1,563 | -396 | -2,321 | |
| -5,613 | -7,301 | -6,221 | -6,869 | -8,181 | -18,634 | -13,581 | -13,006 | -18,551 | -17,037 | -16,147 | |
| Net cash flow | 266 | 75 | -166 | 169 | 334 | -424 | -43 | 139 | 191 | 194 | -4 |
| Free cash flow | 7,451 | 7,506 | 10,291 | 9,414 | 12,249 | 10,690 | 13,634 | 16,135 | 13,616 | 15,348 | 16,281 |
| CFO / Operating profit % | 70.3% | — | — | — | 76.3% | 73.7% | 76.4% | 73.6% | 65.4% | 67.9% | 67.6% |
| 13,359.44 |
| 3,089.15 |
| 10,270.29 |
| 17.64 |
| Agri Business | 20,787.33 | 1,584.24 | 7,792.23 | 1,784.43 | 6,007.8 | 26.37 |
| Paperboards, Paper & Packaging | 8,768.58 | 754.06 | 10,021.21 | 1,395.22 | 8,625.99 | 8.74 |
| Others | 5,036.23 | 670.4 | 2,997.45 | 1,231.17 | 1,766.28 | 37.96 |
₹ crore by fiscal year