Consolidated figures · ₹ crore
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 143 | 183 | 222 | 254 | 365 | 477 | |
| COGS | 65 | 82 | 105 | 121 | 170 | 239 |
| Gross profit | 78 | 101 | 117 | 133 | 194 | 238 |
| 35 | 49 | 60 | 82 | 97 | 118 | |
| 43 | 52 | 57 | 51 | 97 | 120 | |
| OPM % | 30.3% | 28.4% | 25.5% | 20.1% | 26.7% | 25.3% |
| Depreciation | 10 | 10 | 11 | 13 | 15 | 17 |
| Interest | 12 | 8 | 7 | 5 | 7 | 5 |
| 1 | 3 | 8 | 8 | 8 | 19 | |
| Profit before tax | 23 | 37 | 47 | 40 | 84 | 118 |
| Tax | 7 | 9 | 11 | 10 | 22 | 28 |
| Tax % | 30.2% | 26% | 23.3% | 25.8% | 26.5% | 24% |
| 16 | 27 | 36 | 30 | 61 | 89 | |
| PAT margin % | 11% | 14.8% | 16.2% | 11.9% | 16.9% | 18.8% |
| EPS (₹) | 5.6 | 7.8 | 9.3 | 8.2 | 16 | 10.9 |
| EPS adjusted (₹) | 2.6 | 3.5 | 4.6 | 4.1 | 7.9 | 10.9 |
| 0% | 0% | 0% | 0% | 3.1% | 9.1% | |
| Annual report | — | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 30 | 39 | 39 | 39 | 40 | 40 |
| Reserves | 177 | 339 | 374 | 406 | 600 | 685 |
| Minority interest | 0 | 0 | 0 | — | — | — |
| 106 | 31 | 15 | 65 | 23 | 27 | |
| 50 | 48 | 92 | 131 | 189 | 213 | |
| Total equity & liabilities | 363 | 458 | 521 | 640 | 852 | 965 |
| 157 | 136 | 153 | 186 | 190 | 190 | |
| CWIP | 1 | 1 | 5 | 4 | 8 | 9 |
| Investments | 1 | 21 | 28 | 22 | 29 | 34 |
| 204 | 300 | 335 | 427 | 626 | 732 | |
| Total assets | 363 | 458 | 521 | 640 | 852 | 965 |
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 Engineering | 277.47 | 56.71 | 405.22 | 142.87 | 262.35 | 21.62 |
| Optics and Optronic Systems | 199.1 | 88.13 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 4 | 12 | 46 | -46 | 45 | 25 | |
| -6 | -77 | 10 | -2 | -87 | -17 | |
| 5 | 63 | -40 | 33 | 74 | -17 | |
| Net cash flow | 3 | -3 | 15 | -14 | 31 | -9 |
| Free cash flow | -1 | 3 | 20 | -72 | 10 | -13 |
| CFO / Operating profit % | 9.9% | 22.2% | 80.6% | -89.2% | 46.1% | 20.4% |
| 339.11 |
| 25.48 |
| 313.63 |
| 28.1 |
₹ crore by fiscal year