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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 455 | 369 | 435 | 445 | 479 | 499 | 719 | 821 | 984 | 1,265 | 1,717 | |
| COGS | -249 | -219 | 311 | 312 | 339 | 344 | 517 | 566 | 658 | 855 | 1,160 |
| Gross profit | — | — | 125 | 133 | 140 | 155 | 202 | 255 | 326 | 410 | 557 |
| 673 | 574 | 112 | 104 | 111 | 119 | 122 | 137 | 162 | 199 | 255 | |
| 31 | 15 | 12 | 29 | 29 | 36 | 80 | 119 | 164 | 211 | 301 | |
| OPM % | 6.8% | 3.9% | 2.8% | 6.6% | 6% | 7.3% | 11.1% | 14.4% | 16.6% | 16.7% | 17.5% |
| Depreciation | 28 | 28 | 27 | 26 | 22 | 21 | 21 | 20 | 20 | 19 | 22 |
| Interest | 5 | 4 | 7 | 3 | 5 | 4 | 2 | 1 | 0 | 3 | 2 |
| 19 | 18 | 39 | 11 | 17 | 13 | 18 | 21 | 24 | 20 | 17 | |
| Profit before tax | 17 | 1 | 17 | 11 | 19 | 24 | 74 | 119 | 167 | 209 | 294 |
| Tax | 2 | 1 | 5 | 4 | 2 | 6 | 19 | 31 | 42 | 55 | 78 |
| Tax % | 11.5% | 87% | 27.6% | 37.7% | 11.6% | 25.7% | 26.3% | 25.9% | 25.4% | 26.5% | 26.4% |
| 15 | 0 | 12 | 7 | 16 | 17 | 54 | 88 | 124 | 154 | 216 | |
| PAT margin % | 3.3% | 0% | 2.9% | 1.6% | 3.4% | 3.5% | 7.6% | 10.8% | 12.6% | 12.2% | 12.6% |
| EPS (₹) | 4.5 | 0 | 3.7 | 2.2 | 5.4 | 5.7 | 17.7 | 5.7 | 8 | 9.8 | 13.9 |
| EPS adjusted (₹) | — | 0 | 0.4 | — | 0.5 | 0.6 | 1.8 | 2.8 | 4 | 4.9 | 6.9 |
| 67.6% | 6,000% | 48.3% | 92.2% | 42% | 43.6% | 19.8% | 17.5% | 13.8% | 12.7% | 15.2% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | — | 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 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 33 | 33 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 493 | 460 | — | 443 | 492 | 563 | 670 | 805 | 998 |
| Minority interest | — | — | — | 0 | 0 | — | 0 | — | — |
| 28 | 45 | — | 52 | 71 | 0 | 0 | 12 | 18 | |
| 185 | 195 | — | 233 | 289 | 276 | 311 | 464 | 725 | |
| Total equity & liabilities | 739 | 734 | — | 759 | 883 | 870 | 1,012 | 1,312 | 1,772 |
| 254 | 230 | 176 | 170 | 160 | 158 | 181 | 202 | 289 | |
| CWIP | 0 | 0 | — | 0 | 1 | 0 | 1 | 17 | 17 |
| Investments | 13 | 15 | — | 38 | 38 | 36 | 27 | 14 | 11 |
| 472 | 488 | — | 551 | 685 | 676 | 804 | 1,080 | 1,455 | |
| Total assets | 739 | 734 | — | 759 | 883 | 870 | 1,012 | 1,312 | 1,772 |
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 2025 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Manufacturing | 1,280.51 | 224.91 | 1,158.6 | 461.03 | 697.57 | 32.24 |
| Engineering, procurement and construction (EPC) | 0 | 0 |
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| 56 | -0 | -9 | 82 | 71 | 6 | 115 | |
| 0 | -6 | -1 | -7 | -25 | -30 | -102 | |
| -17 | -20 | 11 | -89 | -16 | -7 | -21 | |
| Net cash flow | 39 | -26 | 0 | -14 | 30 | -31 | -8 |
| Free cash flow | — | -11 | -17 | 66 | 48 | -46 | 9 |
| CFO / Operating profit % | 193.8% | -0.8% | -11.8% | 69.1% | 43.4% | 3% | 38.1% |
| 0 |
| 0 |
| — |
| — |
| Less: Depreciation | 0 | -18.85 | 0 | 0 | — | — |
| Less : (Profit)/loss of subsidiaries | 0 | 0 | 0 | 0 | — | — |
| Less: Sales to Subsidiaries | 0 | 0 | 0 | 0 | — | — |
| Less: Sales to Japan branch | -15.12 | 0 | 0 | 0 | — | — |
₹ crore by fiscal year