Consolidated figures · ₹ crore
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 5,116 | 5,116 | 5,775 | 4,750 | 6,083 | 12,525 | 14,965 | 16,890 | 19,465 | 22,847 | |
| COGS | 2,998 | 2,998 | 3,533 | 2,704 | 3,642 | 8,322 | 9,830 | 11,007 | 12,783 | 14,975 |
| Gross profit | 2,118 | 2,118 | 2,241 | 2,047 | 2,441 | 4,203 | 5,134 | 5,884 | 6,681 | 7,873 |
| 1,724 | 1,724 | 1,706 | 1,468 | 1,806 | 2,772 | 3,266 | 3,935 | 4,832 | 5,615 | |
| 395 | 395 | 536 | 579 | 635 | 1,431 | 1,868 | 1,949 | 1,849 | 2,258 | |
| OPM % | 7.7% | 7.7% | 9.3% | 12.2% | 10.4% | 11.4% | 12.5% | 11.5% | 9.5% | 9.9% |
| Depreciation | 154 | 154 | 162 | 185 | 251 | 349 | 396 | 465 | 492 | 664 |
| Interest | 58 | 58 | 53 | 30 | 41 | 58 | 42 | 52 | 63 | 62 |
| 31 | 31 | 56 | 40 | 70 | 128 | 318 | 787 | 360 | 321 | |
| Profit before tax | 214 | 214 | 378 | 403 | 412 | 1,152 | 1,748 | 2,218 | 1,653 | 1,852 |
| Tax | 58 | 58 | 127 | 90 | 108 | 161 | 423 | 496 | 599 | 734 |
| Tax % | 27.3% | 27.3% | 33.6% | 22.3% | 26.1% | 14% | 24.2% | 22.4% | 36.2% | 39.6% |
| 156 | 156 | 251 | 313 | 305 | 991 | 1,325 | 1,723 | 1,054 | 1,118 | |
| PAT margin % | 3% | 3% | 4.3% | 6.6% | 5% | 7.9% | 8.9% | 10.2% | 5.4% | 4.9% |
| EPS (₹) | 7.9 | 7.9 | 12.9 | 16.3 | 15.1 | 39.9 | 58.1 | 62.1 | 34.8 | 32.9 |
| EPS adjusted (₹) | 7.9 | 7.9 | 12.8 | 16.3 | 14.9 | 39.9 | 49.5 | 62.1 | 34.8 | 32.9 |
| 0% | 22.3% | 19.4% | 21.5% | 23.1% | 8.8% | 6% | 5.6% | 10% | 10.6% | |
| 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 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 1,169 | 1,254 | — | 1,715 | 2,293 | 3,052 | 3,931 | 5,080 | 5,516 | 7,732 |
| Minority interest | 92 | 100 | — | 73 | 383 | 654 | 1,005 | 1,645 | 2,157 | 6,451 |
| 726 | 526 | — | 269 | 1,915 | 804 | 629 | 740 | 443 | 392 | |
| 1,175 | 1,412 | — | 1,015 | 4,025 | 4,352 | 4,667 | 5,695 | 7,829 | 6,893 | |
| Total equity & liabilities | 3,179 | 3,312 | — | 3,091 | 8,636 | 8,881 | 10,252 | 13,179 | 15,964 | 21,487 |
| 988 | 1,037 | 1,417 | 1,503 | 3,413 | 3,313 | 3,581 | 4,405 | 5,198 | 6,221 | |
| CWIP | 34 | 90 | — | 58 | 138 | 117 | 178 | 348 | 733 | 806 |
| Investments | 202 | 125 | — | 198 | 381 | 554 | 741 | 1,382 | 943 | 1,035 |
| 1,956 | 2,059 | — | 1,332 | 4,703 | 4,898 | 5,752 | 7,045 | 9,091 | 13,425 | |
| Total assets | 3,179 | 3,312 | — | 3,091 | 8,636 | 8,881 | 10,252 | 13,179 | 15,964 | 21,487 |
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 % |
|---|---|---|---|---|---|---|
| Industrial Systems | 6,747.04 | 596.25 | 3,504.86 | 1,606.3 | 1,898.56 | 31.41 |
| Engineering | 5,612.28 | 689.12 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 383 | 409 | 493 | 596 | 412 | 877 | 1,386 | 675 | 1,213 | 1,161 | |
| 0 | -263 | -190 | -196 | -246 | 0 | -79 | -871 | -1,657 | -1,615 | -3,953 | |
| 0 | -685 | -291 | -280 | -284 | 0 | -899 | -75 | 645 | 522 | 2,668 | |
| Net cash flow | 0 | -565 | -72 | 17 | 66 | 412 | -101 | 440 | -336 | 121 | -124 |
| Free cash flow | — | — | — | — | — | 412 | 629 | 970 | -176 | 0 | -272 |
| CFO / Operating profit % | — | 93.9% | 100.4% | 90.6% | 103% | 64.9% | 61.2% | 73.4% | 34.6% | 65.6% | 51.4% |
| 2,390.08 |
| 892.23 |
| 1,497.85 |
| 46.01 |
| Power Systems | 5,138.18 | 1,113.5 | 3,130.26 | 1,961.06 | 1,169.2 | 95.24 |
| Metal Formed Products | 1,602.94 | 162.4 | 632.17 | 256.36 | 375.81 | 43.21 |
| Others | 1,441.76 | 5.66 | 1,012.27 | 355.22 | 657.05 | 0.86 |
| Mobility | 783.5 | 19.57 | 222.17 | 164.88 | 57.29 | 34.16 |
| Electric Vehicles | 682.87 | -657.74 | 2,055.92 | 459.25 | 1,596.67 | -41.19 |
| Gears and Gear Products | 517.38 | 107.48 | 549.62 | 116.58 | 433.04 | 24.82 |
| Semiconductors | 502.77 | -107.86 | 1,344.62 | 181.85 | 1,162.77 | -9.28 |
| Medical | 208.87 | 4.14 | 288.09 | 57.64 | 230.45 | 1.8 |
| Un-allocable | 14.47 | 0 | 0 | 0 | — | — |
| Discontinued Operations | 0 | 0 | 1.87 | 1.79 | 0.08 | 0 |
| Exceptional Items | 0 | -67.96 | 0 | 0 | — | — |
| Inter Segment Assets/(Liabilities) | 0 | 0 | -107.11 | -110.87 | — | — |
| Share of Profit/(Loss) from Associate/Joint Ventures | 0 | -0.36 | 0 | 0 | — | — |
₹ crore by fiscal year