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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,069 | 3,413 | 5,012 | 5,977 | 5,469 | 5,554 | 7,730 | 7,996 | 7,809 | 7,435 | 7,540 | |
| COGS | -2,173 | -2,351 | 3,814 | 4,730 | 4,234 | 4,338 | 6,190 | 6,222 | 6,074 | 5,635 | 5,803 |
| Gross profit | — | — | 1,198 | 1,247 | 1,235 | 1,216 | 1,540 | 1,774 | 1,734 | 1,801 | 1,737 |
| 5,002 | 5,534 | 852 | 875 | 881 | 839 | 1,097 | 1,160 | 1,162 | 1,222 | 1,249 | |
| 240 | 230 | 346 | 372 | 354 | 377 | 442 | 614 | 572 | 579 | 487 | |
| OPM % | 7.8% | 6.7% | 6.9% | 6.2% | 6.5% | 6.8% | 5.7% | 7.7% | 7.3% | 7.8% | 6.5% |
| Depreciation | 61 | 56 | 87 | 89 | 103 | 103 | 108 | 115 | 117 | 123 | 130 |
| Interest | 96 | 88 | 105 | 115 | 114 | 70 | 64 | 45 | 24 | 21 | 28 |
| 2 | 1 | 3 | 4 | 3 | 5 | 6 | 5 | 14 | 31 | 54 | |
| Profit before tax | 85 | 87 | 156 | 173 | 139 | 209 | 276 | 459 | 445 | 467 | 383 |
| Tax | 23 | 21 | 48 | 52 | 37 | 53 | 72 | 124 | 116 | 119 | 98 |
| Tax % | 27% | 23.8% | 30.8% | 30% | 26.7% | 25.2% | 25.9% | 26.9% | 26% | 25.4% | 25.5% |
| 62 | 66 | 108 | 121 | 102 | 157 | 205 | 335 | 329 | 348 | 286 | |
| PAT margin % | 2% | 1.9% | 2.2% | 2% | 1.9% | 2.8% | 2.7% | 4.2% | 4.2% | 4.7% | 3.8% |
| EPS (₹) | 14.2 | 15.1 | 19.9 | 22.2 | 18.8 | 29 | 38.3 | 62.7 | 30.5 | 16 | 13.1 |
| EPS adjusted (₹) | — | — | — | — | — | 7.3 | 9.6 | 15.6 | 15.2 | 16 | 13.1 |
| 7.1% | 9.9% | 10.1% | 9% | 10.6% | 10.3% | 10.4% | 11.2% | 16.4% | 34.3% | 38.1% | |
| 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 54 | 53 | 54 | 54 | 109 | 109 |
| Reserves | 1,312 | 1,492 | 1,807 | 2,109 | 2,355 | 2,523 |
| 717 | 580 | 404 | 4 | 3 | 65 | |
| 857 | 987 | 790 | 752 | 765 | 846 | |
| Total equity & liabilities | 2,939 | 3,112 | 3,054 | 2,919 | 3,233 | 3,544 |
| 1,029 | 943 | 912 | 835 | 841 | 892 | |
| CWIP | 10 | 53 | 8 | 17 | 57 | 30 |
| Investments | 4 | 4 | 4 | 4 | 4 | 4 |
| 1,896 | 2,112 | 2,130 | 2,063 | 2,331 | 2,618 | |
| Total assets | 2,939 | 3,112 | 3,054 | 2,919 | 3,233 | 3,544 |
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 Pipes and Strips | 5,731.22 | 291.24 | 2,357.91 | 369.06 | 1,988.85 | 14.64 |
| Lighting and Consumer Durables | 1,808.61 | 119.91 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 208 | 256 | 155 | 120 | 280 | 540 | 285 | 279 | 540 | 393 | 401 | |
| -51 | -100 | -63 | -105 | -52 | -66 | -54 | -33 | -51 | -328 | -284 | |
| -156 | -163 | -88 | -37 | -229 | -475 | -231 | -246 | -454 | -80 | -92 | |
| Net cash flow | 1 | -7 | 4 | -22 | -1 | -1 | -0 | -0 | 34 | -15 | 24 |
| Free cash flow | 155 | 156 | 88 | 14 | 229 | 480 | 227 | 243 | 478 | 242 | 241 |
| CFO / Operating profit % | 86.7% | 111.5% | 44.8% | 32.3% | 79.3% | 143.2% | 64.4% | 45.5% | 94.4% | 67.9% | 82.2% |
| 1,181.53 |
| 445.01 |
| 736.52 |
| 16.28 |
₹ crore by fiscal year