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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 122 | 54 | 47 | 163 | 353 | 114 | 73 | 28 | 61 | 188 | 444 | |
| COGS | -8 | -8 | -30 | -138 | -291 | -87 | -57 | -20 | 33 | 129 | 287 |
| Gross profit | — | — | — | — | — | — | — | — | 28 | 59 | 158 |
| 131 | 58 | 73 | 299 | 620 | 204 | 319 | 77 | 18 | 35 | 81 | |
| -1 | 4 | 3 | 2 | 23 | -3 | -189 | -29 | 10 | 24 | 77 | |
| OPM % | -0.9% | 8.1% | 7.2% | 1% | 6.6% | -2.4% | -259.1% | -102.5% | 16% | 12.9% | 17.3% |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Interest | 0 | 1 | 2 | 13 | 20 | 15 | 4 | 1 | 2 | 1 | 1 |
| 5 | 6 | 5 | 21 | 26 | 8 | 16 | 36 | 4 | 4 | 19 | |
| Profit before tax | 4 | 9 | 6 | 8 | 1 | -10 | -181 | 4 | 11 | 25 | 91 |
| Tax | 1 | 3 | 2 | 3 | 0 | 0 | 0 | -0 | -0 | -0 | -0 |
| Tax % | 33.3% | 33.3% | 30.7% | 35.2% | 25.6% | 1.1% | 0% | -4.2% | -0.8% | -0.1% | -0.1% |
| 2 | 6 | 4 | 5 | 1 | -10 | -181 | 4 | 11 | 25 | 91 | |
| PAT margin % | 2% | 11.3% | 8.6% | 3.4% | 0.2% | -8.8% | -248.5% | 15% | 17.9% | 13.1% | 20.6% |
| EPS (₹) | 0.2 | 0.5 | 0.3 | 0.6 | 0.1 | -0.8 | -13.5 | 0.3 | — | 1.5 | 5.1 |
| EPS adjusted (₹) | 0.2 | 0.5 | 0.3 | 0.5 | 0.1 | -0.8 | -13.5 | 0.3 | 0.7 | 1.4 | 5.1 |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 118 | 118 | 118 | 120 | 120 | 120 | 134 | 138 | 154 | 179 | 179 |
| Reserves | 92 | 92 | 90 | 105 | 106 | 143 | 30 | — | -7 | 172 | 265 |
| 8 | 8 | 9 | 180 | 206 | 15 | 12 | — | 17 | 3 | 3 | |
| 153 | 154 | 231 | 141 | 72 | 161 | 57 | — | 9 | 34 | 84 | |
| Total equity & liabilities | 371 | 372 | 448 | 546 | 504 | 439 | 233 | — | 174 | 388 | 530 |
| 12 | 12 | 16 | 16 | 17 | 17 | 7 | 12 | 11 | 14 | 17 | |
| CWIP | — | 0 | 2 | 1 | 1 | 1 | — | — | — | 0 | 4 |
| Investments | 150 | 150 | 207 | 224 | 224 | 230 | 88 | — | 102 | 188 | 277 |
| 209 | 209 | 223 | 306 | 262 | 191 | 138 | — | 62 | 186 | 233 | |
| Total assets | 371 | 372 | 448 | 546 | 504 | 439 | 233 | — | 174 | 388 | 530 |
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 % |
|---|---|---|---|---|---|---|
| Solar | 437.8 | 91.01 | 253.87 | 85.52 | 168.35 | 54.06 |
| Investment | 6.57 | 12.2 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 40 | 38 | -165 | -11 | 29 | -28 | 45 | -26 | -24 | 148 | |
| 0 | -30 | -39 | -5 | 10 | -2 | 23 | 5 | 4 | -117 | -143 | |
| 3 | -1 | -2 | 168 | 6 | -34 | 1 | -39 | 21 | 162 | -1 | |
| Net cash flow | 4 | 10 | -3 | -2 | 5 | -8 | -3 | 11 | -0 | 22 | 3 |
| Free cash flow | -0 | 36 | 40 | -165 | -13 | 28 | -28 | 38 | -26 | -29 | 141 |
| CFO / Operating profit % | — | 920.3% | — | — | -48.4% | — | — | — | -262.9% | -98.4% | 192.9% |
| 276.58 |
| 0 |
| 276.58 |
| 4.41 |
| Trading | 0 | 0 | 0 | 0.76 | — | — |
₹ crore by fiscal year