Consolidated figures · ₹ crore
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| 2,583 | 2,298 | 3,139 | 4,474 | 5,059 | 5,186 | 4,494 | |
| COGS | 1,696 | 1,471 | 2,104 | 2,946 | 3,330 | 3,372 | 2,680 |
| Gross profit | 887 | 827 | 1,035 | 1,529 | 1,729 | 1,814 | 1,814 |
| 463 | 427 | 540 | 753 | 832 | 991 | 1,056 | |
| 424 | 400 | 495 | 775 | 897 | 824 | 758 | |
| OPM % | 16.4% | 17.4% | 15.8% | 17.3% | 17.7% | 15.9% | 16.9% |
| Depreciation | 59 | 57 | 80 | 83 | 98 | 108 | 132 |
| Interest | 21 | 23 | 21 | 31 | 45 | 37 | 31 |
| 62 | 43 | 38 | 33 | 73 | 60 | 112 | |
| Profit before tax | 406 | 363 | 431 | 694 | 828 | 738 | 706 |
| Tax | 99 | 87 | 108 | 181 | 203 | 196 | 172 |
| Tax % | 24.3% | 24.1% | 25.1% | 26.1% | 24.5% | 26.6% | 24.3% |
| 308 | 276 | 323 | 512 | 625 | 542 | 534 | |
| PAT margin % | 11.9% | 12% | 10.3% | 11.5% | 12.4% | 10.4% | 11.9% |
| EPS (₹) | 65.8 | 59.1 | 69.1 | 73.1 | 89.2 | 77.3 | 68.9 |
| EPS adjusted (₹) | 43.9 | 39.4 | 46 | 72.8 | 88.6 | 77.6 | 68.8 |
| 18.2% | 23.7% | 13.5% | 16.4% | 15.7% | 18.1% | 14.5% | |
| Annual report | 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 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 9 | 9 | 9 | 14 | 14 | 14 | 14 |
| Reserves | — | 1,978 | 2,239 | 2,590 | 3,127 | 3,623 | 4,097 |
| Minority interest | — | — | — | 72 | 76 | 28 | 97 |
| — | 197 | 148 | 224 | 142 | 141 | 304 | |
| — | 432 | 566 | 880 | 661 | 1,101 | 876 | |
| Total equity & liabilities | — | 2,617 | 2,962 | 3,780 | 4,020 | 4,906 | 5,388 |
| 500 | 865 | 875 | 1,122 | 1,164 | 1,348 | 1,611 | |
| CWIP | — | 76 | 107 | 101 | 167 | 190 | 302 |
| Investments | — | 637 | 109 | 135 | 89 | 180 | 644 |
| — | 1,039 | 1,873 | 2,422 | 2,601 | 3,188 | 2,831 | |
| Total assets | — | 2,617 | 2,962 | 3,780 | 4,020 | 4,906 | 5,388 |
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 % |
|---|---|---|---|---|---|---|
| Steel Tubes and Pipes | 3,726.83 | 545.06 | 4,336.27 | 539.01 | 3,797.26 | 14.35 |
| Pipe Spools and Auxiliary Support Systems | 390.47 | 118.44 |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 554 | 215 | 546 | -283 | 310 | 511 | 536 | 936 | |
| -360 | -357 | -470 | 418 | -208 | -145 | -397 | -1,148 | |
| -56 | 47 | -79 | -135 | -116 | -193 | -130 | 59 | |
| Net cash flow | 137 | -95 | -3 | 0 | -13 | 173 | 9 | -152 |
| Free cash flow | — | — | 416 | -427 | 169 | 298 | 207 | 451 |
| CFO / Operating profit % | — | 50.8% | 136.5% | -57.2% | 40% | 57% | 65.1% | 123.5% |
| 543.09 |
| 382.6 |
| 160.49 |
| 73.8 |
| Bearing Rings | 376.66 | 33.06 | 508.25 | 258.28 | 249.97 | 13.23 |
₹ crore by fiscal year