Standalone figures · ₹ crore · years without a filed annual are summed from quarters
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 511 | 454 | 424 | 448 | 347 | 212 | 234 | 278 | 291 | 343 | 357 | |
| 494 | 436 | 406 | 433 | 339 | 207 | 227 | 268 | 281 | 334 | 347 | |
| 17 | 18 | 17 | 15 | 8 | 5 | 7 | 10 | 9 | 9 | 10 | |
| OPM % | 3.4% | 4% | 4.1% | 3.3% | 2.3% | 2.4% | 3% | 3.7% | 3.1% | 2.6% | 2.9% |
| Depreciation | — | 4 | 5 | 5 | 4 | 2 | 3 | 3 | 3 | 3 | 3 |
| Interest | 9 | 8 | 7 | 8 | 7 | 8 | 5 | 5 | 3 | 1 | 0 |
| 3 | 5 | 5 | 6 | 16 | 5 | 3 | 2 | 2 | 3 | 3 | |
| Profit before tax | 11 | 10 | 11 | 7 | 13 | 0 | 2 | 5 | 6 | 8 | 10 |
| Tax | 3 | — | — | — | 2 | 0 | -0 | -0 | 0 | 0 | 1 |
| Tax % | 24.3% | — | — | — | 16.4% | 81.5% | -1.8% | -5.6% | 2.5% | 0.9% | 6.9% |
| 8 | 8 | 8 | 6 | 11 | 0 | 2 | 5 | 6 | 8 | 10 | |
| PAT margin % | 1.6% | 1.7% | 1.9% | 1.4% | 3.1% | 0% | 1% | 1.8% | 1.9% | 2.2% | 2.7% |
| EPS (₹) | 5.4 | — | — | — | 6.5 | 0 | 0.8 | 1.1 | 0.9 | 1.1 | 1.4 |
| EPS adjusted (₹) | — | — | — | — | — | 0 | 0.6 | 0.8 | 0.9 | 1.1 | 1.4 |
| 9.3% | — | — | — | 1.5% | 333.3% | 13% | 8.8% | 11.6% | 26.5% | 14.5% | |
| 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 | — |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 26 | 36 | 65 | 65 | 70 | 70 |
| Reserves | 91 | 81 | 53 | 55 | 52 | 54 |
| 54 | 45 | 29 | 24 | 13 | 6 | |
| 19 | 17 | 25 | 49 | 33 | 34 | |
| Total equity & liabilities | 190 | 179 | 172 | 192 | 168 | 163 |
| 48 | 52 | 50 | 35 | 34 | 33 | |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9 | 6 | 10 | 18 | 17 | 17 |
| 132 | 121 | 112 | 139 | 117 | 113 | |
| Total assets | 190 | 179 | 172 | 192 | 168 | 163 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 5 | 9 | -4 | 12 | 1 | 8 | |
| 4 | -1 | 1 | 9 | 1 | -1 | |
| 3 | -4 | 23 | -10 | -5 | -3 | |
| Net cash flow | 12 | 4 | 20 | 11 | -3 | 5 |
| Free cash flow | -0 | 2 | -5 | 10 | -0 | 7 |
| CFO / Operating profit % | 88.2% | 129.8% | -42.2% | 134.2% | 10% | 76.7% |
Compounded sales growth
- 7 years
- -3%
- 5 years
- 11%
- 3 years
- 9%
- 1 year
- 4%
Compounded profit growth
- 7 years
- 6%
- 5 years
- 186%
- 3 years
- 25%
- 1 year
- 26%
Return on equity
- 7 years
- —
- 5 years
- 5%
- 3 years
- 6%
- Last year
- 8%
Segment results
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 % |
|---|---|---|---|---|---|---|
| Co-loading of Air Freight Division | 353.59 | 11.26 | 98.19 | 34.98 | 63.21 | 17.81 |
| Others | 3.54 | -1.89 | 65.13 | 4.83 | 60.3 | -3.13 |
Co-loading and Cargo · revenue
₹ crore by fiscal year