Consolidated figures · ₹ crore
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 3,073 | 2,645 | 2,308 | 4,200 | 5,716 | 5,404 | 5,269 | 4,674 | |
| COGS | 1,882 | 1,620 | 1,393 | 2,866 | 3,726 | 3,286 | 3,317 | 2,975 |
| Gross profit | 1,191 | 1,025 | 915 | 1,334 | 1,991 | 2,118 | 1,951 | 1,699 |
| 522 | 515 | 476 | 751 | 980 | 919 | 1,045 | 1,031 | |
| 669 | 509 | 439 | 583 | 1,011 | 1,199 | 907 | 668 | |
| OPM % | 21.8% | 19.3% | 19% | 13.9% | 17.7% | 22.2% | 17.2% | 14.3% |
| Depreciation | 80 | 88 | 121 | 138 | 138 | 110 | 101 | 110 |
| Interest | 39 | 64 | 56 | 51 | 38 | 8 | 3 | 3 |
| 279 | -197 | -89 | 111 | 89 | 142 | 197 | 385 | |
| Profit before tax | 433 | 161 | 173 | 505 | 924 | 1,223 | 1,000 | 939 |
| Tax | 231 | 46 | 51 | 101 | 156 | 271 | 223 | 238 |
| Tax % | 53.3% | 28.7% | 29.6% | 20% | 16.9% | 22.2% | 22.3% | 25.4% |
| 202 | 115 | 121 | 404 | 768 | 952 | 777 | 701 | |
| PAT margin % | 6.6% | 4.3% | 5.3% | 9.6% | 13.4% | 17.6% | 14.8% | 15% |
| EPS (₹) | — | 12.5 | 14.6 | 56.8 | 114.1 | 71 | 58 | 52.3 |
| EPS adjusted (₹) | — | — | 7.3 | 28.4 | 57.1 | 71 | 58 | 52.3 |
| — | 20% | 23.9% | 8.8% | 4.4% | 14.1% | 17.2% | 19.1% | |
| Annual report | 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 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 96 | 96 | 34 | 34 | 67 | 67 | 67 | 67 |
| Reserves | 2,654 | 2,549 | 3,265 | 3,951 | 4,707 | 5,664 | 6,273 | 6,809 |
| 546 | 571 | 922 | 709 | 244 | 0 | 0 | 13 | |
| 410 | 467 | 1,135 | 695 | 841 | 858 | 693 | 849 | |
| Total equity & liabilities | 3,705 | 3,684 | 5,356 | 5,388 | 5,859 | 6,589 | 7,033 | 7,739 |
| 1,177 | 1,121 | 2,268 | 2,135 | 2,016 | 1,950 | 1,864 | 1,862 | |
| CWIP | 33 | 31 | 9 | 13 | 14 | 3 | 14 | 72 |
| Investments | 1,310 | 1,360 | 1,071 | 646 | 1,177 | 2,098 | 2,892 | 3,821 |
| 1,186 | 1,172 | 2,008 | 2,593 | 2,651 | 2,538 | 2,263 | 1,984 | |
| Total assets | 3,705 | 3,684 | 5,356 | 5,388 | 5,859 | 6,589 | 7,033 | 7,739 |
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 % |
|---|---|---|---|---|---|---|
| Steel Pipes & Tubes | 4,615.47 | 526.01 | 2,888.54 | 439.47 | 2,449.07 | 21.48 |
| Others /Unallocated | 390.49 | 383.91 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 122 | 241 | 93 | -183 | 748 | 447 | -283 | 917 | 1,042 | 610 | 933 | |
| 55 | -101 | 12 | -156 | -744 | -251 | 489 | -382 | -722 | -485 | -775 | |
| -141 | -133 | -95 | 387 | 7 | -210 | -220 | -542 | -320 | -137 | -123 | |
| Net cash flow | 37 | 7 | 10 | 49 | 11 | -15 | -13 | -8 | 0 | -13 | 36 |
| Free cash flow | — | — | — | — | — | 427 | -291 | 898 | 1,010 | 586 | 764 |
| CFO / Operating profit % | — | — | — | -27.3% | 138.4% | 96% | -46.2% | 88.1% | 86.9% | 66.3% | 137% |
| 3,929.48 |
| 413.2 |
| 3,516.28 |
| 10.92 |
| Power - Electricity | 80.34 | 57.85 | 237.58 | 0.88 | 236.7 | 24.44 |
| Rig | 30.73 | -9.13 | 683.44 | 9.04 | 674.4 | -1.35 |
₹ crore by fiscal year