Standalone figures · ₹ crore
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 133 | 180 | 214 | 232 | 334 | 417 | |
| COGS | 56 | 81 | 103 | 108 | 151 | 202 |
| Gross profit | 77 | 99 | 111 | 124 | 182 | 214 |
| 34 | 47 | 56 | 73 | 88 | 104 | |
| 43 | 51 | 55 | 51 | 94 | 110 | |
| OPM % | 32.1% | 28.6% | 25.8% | 22.1% | 28.2% | 26.5% |
| Depreciation | 10 | 10 | 11 | 12 | 14 | 15 |
| Interest | 12 | 8 | 6 | 4 | 6 | 2 |
| 1 | 3 | 8 | 9 | 12 | 18 | |
| Profit before tax | 22 | 36 | 47 | 45 | 87 | 111 |
| Tax | 7 | 9 | 11 | 10 | 22 | 27 |
| Tax % | 31% | 26.1% | 23.1% | 23.3% | 25.1% | 24.8% |
| 15 | 27 | 36 | 34 | 65 | 83 | |
| PAT margin % | 11.4% | 15% | 16.8% | 14.7% | 19.5% | 20% |
| EPS (₹) | 5.3 | 7.7 | 9.2 | 8.8 | 16.4 | 10.3 |
| EPS adjusted (₹) | 2.5 | 3.5 | 4.6 | 4.4 | 8.1 | 10.3 |
| 0% | 0% | 0% | 0% | 3% | 9.7% | |
| 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 | 408 | 603 | 683 |
| 105 | 29 | 0 | 34 | 0 | 0 | |
| 50 | 48 | 90 | 127 | 188 | 196 | |
| Total equity & liabilities | 362 | 454 | 503 | 608 | 831 | 919 |
| 157 | 136 | 141 | 157 | 162 | 168 | |
| CWIP | 1 | 1 | 4 | 4 | 7 | 8 |
| Investments | 1 | 22 | 36 | 47 | 55 | 81 |
| 203 | 296 | 322 | 400 | 608 | 661 | |
| Total assets | 362 | 454 | 503 | 608 | 831 | 919 |
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 | 217.44 | 49.27 | 311.72 | 126.41 | 185.31 | 26.59 |
| Optics and Optronic System | 199.1 | 88.13 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 4 | 13 | 50 | -17 | 29 | 31 | |
| -6 | -77 | 10 | -20 | -78 | -27 | |
| 5 | 62 | -45 | 23 | 78 | -18 | |
| Net cash flow | 3 | -2 | 14 | -14 | 28 | -14 |
| Free cash flow | -2 | 4 | 26 | -42 | -1 | 2 |
| CFO / Operating profit % | 8.7% | 24.8% | 89.5% | -33.6% | 30.4% | 27.9% |
| 339.11 |
| 25.48 |
| 313.63 |
| 28.1 |
₹ crore by fiscal year