Consolidated figures · ₹ crore
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 105 | 282 | 507 | 474 | |
| COGS | 81 | 229 | 411 | 340 |
| Gross profit | 25 | 53 | 96 | 134 |
| 13 | 17 | 36 | 89 | |
| 12 | 36 | 60 | 45 | |
| OPM % | 11.3% | 12.6% | 11.8% | 9.4% |
| Depreciation | 4 | 6 | 17 | 30 |
| Interest | 3 | 7 | 8 | 15 |
| -2 | 4 | 5 | 4 | |
| Profit before tax | 3 | 26 | 40 | 4 |
| Tax | 2 | 7 | 12 | 4 |
| Tax % | 51.7% | 28.7% | 30.7% | 98.5% |
| 2 | 19 | 27 | 0 | |
| PAT margin % | 1.5% | 6.6% | 5.4% | 0% |
| EPS (₹) | 3 | 29.9 | 19.8 | 3.9 |
| EPS adjusted (₹) | 1.3 | 14.1 | 18.7 | 3.8 |
| 3.3% | 3.3% | 6.3% | 33.5% | |
| Annual report | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 10 | 12 | 13 | 14 | 15 |
| Reserves | — | 63 | 148 | 218 | 333 |
| Minority interest | — | 0 | 26 | 13 | 8 |
| — | 39 | 63 | 73 | 107 | |
| — | 39 | 66 | 124 | 190 | |
| Total equity & liabilities | — | 153 | 316 | 442 | 653 |
| 12 | 35 | 112 | 130 | 195 | |
| CWIP | — | 10 | 22 | 33 | 62 |
| Investments | — | 1 | 25 | 17 | 9 |
| — | 107 | 158 | 261 | 387 | |
| Total assets | — | 153 | 316 | 442 | 653 |
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -31 | 18 | 25 | -35 | |
| -56 | -124 | -60 | -77 | |
| 96 | 111 | 30 | 127 | |
| Net cash flow | 9 | 5 | -5 | 15 |
| Free cash flow | -57 | -84 | -24 | -147 |
| CFO / Operating profit % | -261.8% | 51% | 41.9% | -77.1% |
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 % |
|---|---|---|---|---|---|---|
| Defence | 434.02 | 20.36 | 620.94 | 254.55 | 366.39 | 5.56 |
| Aeronautics | 41.72 | -16.42 |
| 32.02 |
| 42.41 |
| — |
| — |
₹ crore by fiscal year