Consolidated figures · ₹ crore
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 382 | 382 | 504 | 353 | 470 | 768 | 1,337 | 1,047 | 1,048 | 1,124 | |
| COGS | 338 | 338 | 470 | 324 | 430 | 692 | 1,244 | 949 | 982 | 1,071 |
| Gross profit | 44 | 44 | 34 | 29 | 40 | 76 | 93 | 98 | 66 | 53 |
| 21 | 21 | 15 | 17 | 21 | 35 | 40 | 38 | 36 | 35 | |
| 23 | 23 | 19 | 12 | 20 | 42 | 53 | 60 | 30 | 17 | |
| OPM % | 5.9% | 5.9% | 3.8% | 3.3% | 4.2% | 5.5% | 4% | 5.7% | 2.8% | 1.6% |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 5 | 6 | 6 | 6 |
| Interest | 7 | 7 | 9 | 10 | 8 | 11 | 20 | 21 | 12 | 12 |
| 5 | 5 | 3 | 4 | 3 | 9 | 7 | 4 | 17 | 18 | |
| Profit before tax | 18 | 18 | 9 | 3 | 12 | 36 | 35 | 38 | 29 | 17 |
| Tax | 6 | 6 | 1 | 2 | 1 | 9 | 8 | 8 | 6 | 7 |
| Tax % | 31.1% | 31.1% | 10.9% | 59.3% | 7.1% | 24% | 21.5% | 20.1% | 21.2% | 37.3% |
| 13 | 13 | 8 | 1 | 11 | 27 | 27 | 30 | 23 | 11 | |
| PAT margin % | 3.3% | 3.3% | 1.7% | 0.3% | 2.4% | 3.6% | 2.1% | 2.9% | 2.2% | 1% |
| EPS (₹) | 7.6 | 7.6 | 5 | 0.9 | 6.5 | 16.4 | 1.2 | 0.5 | 0.2 | 0.1 |
| EPS adjusted (₹) | 0.1 | 0.1 | 0.1 | 0 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 |
| 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% | 0% | — | |
| Annual report | 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 8 | 8 | 8 | 8 | 8 | 8 | 47 | 154 | 155 | 164 |
| Reserves | 18 | 70 | 79 | 79 | 92 | 118 | 204 | 181 | 209 | 314 |
| Minority interest | — | — | — | — | — | — | 13 | 12 | 9 | 5 |
| 54 | 60 | 87 | 80 | 85 | 138 | 193 | 144 | 88 | 129 | |
| 27 | 14 | 27 | 70 | 62 | 94 | 239 | 243 | 297 | 279 | |
| Total equity & liabilities | 107 | 153 | 200 | 238 | 248 | 358 | 695 | 734 | 758 | 890 |
| 12 | 38 | 38 | 36 | 46 | 51 | 102 | 106 | 98 | 103 | |
| CWIP | 1 | — | 1 | 7 | 4 | 6 | 1 | 1 | 10 | 4 |
| Investments | 2 | 2 | 5 | 7 | 12 | 12 | 17 | 10 | 8 | 15 |
| 91 | 113 | 157 | 188 | 185 | 290 | 574 | 617 | 641 | 768 | |
| Total assets | 107 | 153 | 200 | 238 | 248 | 358 | 695 | 734 | 758 | 890 |
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 % |
|---|---|---|---|---|---|---|
| Manufacturing- Steel Pipes | 656.43 | 15.22 | 334.95 | 100.25 | 234.7 | 6.48 |
| Trading- Building Material & Steel Products | 467.68 | -3.57 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| -7 | 5 | -17 | 30 | 25 | -35 | -96 | 18 | 51 | -109 | |
| -1 | -9 | -3 | -7 | -10 | -9 | -53 | -1 | 3 | -9 | |
| 10 | 6 | 17 | -17 | -6 | 41 | 143 | -13 | -66 | 118 | |
| Net cash flow | 1 | 2 | -3 | 6 | 9 | -3 | -6 | 5 | -12 | -0 |
| Free cash flow | — | — | — | — | 14 | -46 | -128 | 6 | 37 | -116 |
| CFO / Operating profit % | -31.3% | 21.8% | -105.7% | 343.7% | 135% | -82.2% | -187% | 30.5% | 175.8% | -640.1% |
| 555.46 |
| 312.7 |
| 242.76 |
| -1.47 |
₹ crore by fiscal year