| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | — | 11 | 25 | 11 | 2 | 0 | 0 | 18 | 123 | 70 | |
| COGS | -76 | — | -8 | 54 | 9 | 2 | 0 | 0 | 0 | 16 | 21 |
| Gross profit | — | — | — | -29 | 2 | 1 | — | 0 | 18 | 107 | 49 |
| 237 | — | 33 | 22 | 27 | 12 | 7 | 14 | 18 | 64 | 44 | |
| -23 | — | -15 | -51 | -24 | -12 | -7 | -14 | 0 | 43 | 5 | |
| OPM % | -16.8% | — | -130.8% | -199.8% | -220.5% | -517% | — | — | 0.6% | 35.1% | 6.5% |
| Depreciation | — | — | 22 | 21 | 21 | 20 | 19 | 30 | 72 | 70 | 70 |
| Interest | 17 | 18 | 20 | 15 | 19 | 22 | 25 | 12 | 6 | 6 | 1 |
| 1 | 5 | 1 | 3 | 2 | 3 | 0 | 142 | 1 | 3 | 2 | |
| Profit before tax | -14 | -100 | -55 | -85 | -62 | -51 | -51 | 86 | -76 | -29 | -64 |
| Tax | -5 | -16 | -18 | -2 | 0 | 0 | 0 | -19 | -6 | 3 | -3 |
| Tax % | -36.5% | -15.8% | -33% | -2% | 0.4% | 0% | 0% | -21.8% | -7.9% | 9.5% | -4.5% |
| -9 | -84 | -37 | -83 | -62 | -51 | -51 | 105 | -70 | -32 | -61 | |
| PAT margin % | -6.6% | — | -330.8% | -326.9% | -562.3% | — | — | — | -386.2% | -25.9% | -87.7% |
| EPS (₹) | -2 | -19 | -8.3 | -18.7 | -14 | -11.4 | -11.5 | 23.6 | -15.9 | -7.1 | -12 |
| EPS adjusted (₹) | -2.1 | -19 | -8.4 | — | -14 | -11.5 | -11.5 | 23.6 | -15.9 | -6.7 | -11.8 |
| Annual report | Annual report for Mar 2016 | 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 | 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 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 48 | 52 |
| Reserves | 197 | 201 | 113 | -69 | -119 | — | 206 | 150 | 184 | 145 |
| 131 | 131 | 141 | 124 | 172 | — | 66 | 90 | 45 | 25 | |
| 65 | 72 | 58 | 122 | 131 | — | 181 | 142 | 106 | 91 | |
| Total equity & liabilities | 437 | 448 | 356 | 222 | 227 | — | 497 | 427 | 382 | 314 |
| — | 259 | 237 | 174 | 154 | 134 | 452 | 376 | 307 | 242 | |
| CWIP | — | — | — | — | — | — | 0 | 0 | 0 | 1 |
| Investments | 52 | 52 | 0 | — | — | — | 0 | 0 | 0 | 0 |
| 385 | 136 | 119 | 48 | 74 | — | 44 | 51 | 75 | 71 | |
| Total assets | 437 | 448 | 356 | 222 | 227 | — | 497 | 427 | 382 | 314 |
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 % |
|---|---|---|---|---|---|---|
| DRILL PIPE AND ALLIED PRODCUTS | 50.71 | -47.02 | 12.21 | 1.65 | 10.56 | -445.27 |
| OCTG SERVICES | 19.39 | -17.98 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| -26 | -27 | 169 | -19 | 30 | -4 | |
| 0 | 0 | 0 | 2 | -0 | -5 | |
| 26 | 27 | -169 | 18 | -19 | 4 | |
| Net cash flow | -0 | 0 | 0 | 1 | 12 | -5 |
| Free cash flow | -26 | -27 | 169 | -19 | 30 | -10 |
| CFO / Operating profit % | — | — | — | — | 70.7% | -92.4% |
| 0.18 |
| 0.02 |
| 0.16 |
| -11,237.5 |
| OCTG SALES | 0 | 0 | 0 | 0 | — | — |
| OTHER SALES AND SERVICES | 0 | 0 | 0 | 0 | — | — |
₹ crore by fiscal year