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Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,19,862	1,41,007	1,45,452	1,35,979	1,56,521	1,83,341	2,21,113	2,55,734	2,85,874
COGS	42,126	51,853	49,538	43,710	52,691	64,944	80,773	28,646	99,892
Gross profit	77,736	89,154	95,914	92,269	1,03,830	1,18,397	1,40,340	2,27,088	1,85,983
	64,601	72,850	79,513	76,630	85,485	97,738	1,16,869	2,00,653	1,57,037
	13,136	16,304	16,401	15,639	18,345	20,659	23,471	26,435	28,946
OPM %	11%	11.6%	11.3%	11.5%	11.7%	11.3%	10.6%	10.3%	10.1%
Depreciation	1,929	2,084	2,462	2,904	2,948	3,502	3,682	4,121	4,365
Interest	1,539	1,806	2,797	3,913	3,126	3,207	3,546	3,334	2,849
	1,535	2,146	3,015	7,973	2,387	3,065	4,252	4,600	4,038
Profit before tax	11,203	14,560	14,157	16,794	14,659	17,015	20,494	23,565	25,770
Tax	3,199	4,343	3,263	3,873	4,239	4,484	4,947	5,891	6,816
Tax %	28.6%	29.8%	23.1%	23.1%	28.9%	26.4%	24.1%	25%	26.5%
	8,004	10,217	10,894	12,921	10,419	12,531	15,547	17,673	18,954
PAT margin %	6.7%	7.3%	7.5%	9.5%	6.7%	6.8%	7%	6.9%	6.6%
EPS (₹)	52.6	63.5	68	82.5	61.7	74.5	94	109.4	116.9
EPS adjusted (₹)	52.6	—	68	82.5	61.7	74.5	95	109.3	116.9
	30.4%	28.3%	52.9%	21.8%	35.7%	40.3%	29.8%	31.1%	32.5%
Annual report	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 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	186	187	280	281	281	281	281	275	275	275
Reserves	41,022	50,030	55,377	—	75,588	82,127	89,045	86,084	97,381	1,09,015
Minority interest	—	—	—	—	12,052	12,966	14,241	16,190	17,748	19,241
	76,730	93,954	1,07,524	—	1,09,886	92,095	1,18,513	1,14,040	1,29,559	1,21,683
	53,184	68,011	81,872	—	1,13,468	1,32,598	1,08,272	1,23,038	1,34,561	2,02,336
Total equity & liabilities	1,71,122	2,12,182	2,45,053	—	3,11,274	3,20,067	3,30,352	3,39,627	3,79,524	4,52,550
	15,775	13,064	14,234	37,712	38,651	36,993	39,281	40,772	39,528	29,747
CWIP	1,453	1,945	2,143	—	388	1,170	2,949	2,897	2,391	3,036
Investments	9,420	17,073	11,952	—	43,273	43,358	48,159	47,839	56,464	69,497
	1,44,473	1,80,100	2,16,724	—	2,28,961	2,38,546	2,39,964	2,48,119	2,81,142	3,50,270
Total assets	1,71,122	2,12,182	2,45,053	—	3,11,274	3,20,067	3,30,352	3,39,627	3,79,524	4,52,550

Segment results

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.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Infrastructure Projects	1,35,344.58	7,759.98	1,15,059.75	93,245.91	21,813.84	35.57
Energy Projects	54,888.59	3,374.38

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	22,844	19,164	22,777	18,266	9,151	16,741
	-5,431	-3,668	-8,312	2,163	-15,508	-11,739
	-15,274	-15,181	-11,572	-25,413	6,557	-2,156
Net cash flow	2,139	314	2,893	-4,984	200	2,846
Free cash flow	21,036	16,053	18,633	13,750	4,733	11,932
CFO / Operating profit %	146.2%	105.2%	109.8%	77.8%	34.6%	57.4%