Consolidated figures · ₹ crore
| ₹ Cr | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| 14,049 | 12,361 | 10,465 | 14,527 | 21,011 | 18,141 | 15,374 | 16,946 | |
| COGS | 7,727 | 6,730 | 4,885 | 7,408 | 11,289 | 11,102 | 8,853 | 9,652 |
| Gross profit | 6,322 | 5,631 | 5,580 | 7,118 | 9,722 | 7,040 | 6,521 | 7,294 |
| 4,355 | 4,150 | 3,903 | 4,758 | 6,186 | 6,105 | 5,245 | 5,154 | |
| 1,966 | 1,481 | 1,677 | 2,360 | 3,536 | 934 | 1,276 | 2,140 | |
| OPM % | 14% | 12% | 16% | 16.3% | 16.8% | 5.2% | 8.3% | 12.6% |
| Depreciation | 555 | 594 | 792 | 798 | 790 | 776 | 807 | 922 |
| Interest | 457 | 452 | 490 | 479 | 524 | 819 | 941 | 922 |
| 41 | 156 | 455 | 193 | 105 | 179 | 246 | 138 | |
| Profit before tax | 996 | 591 | 851 | 1,276 | 2,327 | -482 | -226 | 435 |
| Tax | 364 | 128 | 263 | 583 | 750 | 314 | 224 | 299 |
| Tax % | 36.6% | 21.7% | 30.9% | 45.7% | 32.2% | 65.1% | 99.4% | 68.7% |
| 631 | 462 | 588 | 694 | 1,577 | -796 | -450 | 136 | |
| PAT margin % | 4.5% | 3.7% | 5.6% | 4.8% | 7.5% | -4.4% | -2.9% | 0.8% |
| EPS (₹) | 17.3 | 11.6 | 16.6 | 17.3 | 42.8 | -27.9 | -16.8 | 1.3 |
| EPS adjusted (₹) | — | — | — | 17.3 | 42.8 | -27.9 | -16.8 | 1.3 |
| 5.8% | 8.6% | 6% | 5.8% | 2.3% | — | — | — | |
| Annual report | Annual report for Dec 2018 | Annual report for Dec 2019 | Annual report for Dec 2020 | Annual report for Dec 2021 | Annual report for Dec 2022 | Annual report for Dec 2023 | Annual report for Dec 2024 | Annual report for Dec 2025 |
| ₹ Cr | Mar 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 67 | 67 | 67 | 67 | 67 | 67 |
| Reserves | — | 6,042 | 8,360 | 7,275 | 6,570 | 7,382 |
| Minority interest | — | 256 | 356 | 423 | 187 | 242 |
| — | 8,489 | 9,731 | 8,690 | 8,494 | 9,824 | |
| — | 3,797 | 3,659 | 3,553 | 3,618 | 3,245 | |
| Total equity & liabilities | — | 18,652 | 22,173 | 20,009 | 18,937 | 20,760 |
| 4,652 | 10,939 | 11,977 | 11,357 | 11,184 | 12,543 | |
| CWIP | — | 791 | 467 | 432 | 473 | 336 |
| Investments | — | 13 | 14 | 17 | 26 | 29 |
| — | 6,908 | 9,716 | 8,203 | 7,254 | 7,852 | |
| Total assets | — | 18,652 | 22,173 | 20,009 | 18,937 | 20,760 |
| ₹ Cr | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| 1,823 | 834 | 1,036 | 3,063 | 1,943 | 897 | |
| -772 | -527 | -663 | -696 | -212 | -395 | |
| -601 | -740 | -396 | -2,115 | -1,771 | -1,025 | |
| Net cash flow | 450 | -433 | -23 | 253 | -39 | -523 |
| Free cash flow | 742 | 286 | 367 | 2,468 | 1,290 | 437 |
| CFO / Operating profit % | 108.7% | 35.3% | 29.3% | 328.3% | 152.5% | 42% |
As reported in NSE results XBRL. Segment result is before tax and finance costs.
Latest reported period · 31 Dec 2025 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities |
|---|---|---|---|---|
| Carbon | 13,245.42 | 1,986.08 | 0 | 0 |
| Advanced Materials | 3,592.74 | 154.18 | 0 | 0 |
| Cement | 1,130.51 | 48.25 |
| 0 |
| 0 |
₹ crore by fiscal year