

| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 29 | 24 | 28 | 29 | 29 | 31 | 27 | 28 | 29 | 29 | 34 | |
Growth YoY Revenue Growth YoY% | 10.1 | 1.5 | -22.1 | 12.3 | -21.9 | 0.8 | 27.7 | -2.8 | -2.5 | 2.1 | -6.5 | 23.1 |
| 18 | 6 | 5 | 8 | 9 | 6 | 12 | 8 | 8 | 8 | 8 | 14 | |
| 20 | 23 | 19 | 20 | 20 | 23 | 19 | 20 | 20 | 21 | 20 | 20 | |
OPM OPM% | 52.7 | 79.6 | 77.6 | 72.6 | 70.6 | 79.8 | 62.2 | 71.8 | 70.3 | 72.2 | 70.5 | 59.5 |
| 10 | 29 | 21 | 30 | 16 | 50 | 39 | 14 | 4 | 72 | 19 | 60 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
PBT PBTCr | 27 | 50 | 38 | 48 | 34 | 69 | 56 | 31 | 21 | 92 | 37 | 78 |
| 8 | 13 | 5 | 16 | 9 | 16 | 9 | 8 | 5 | 19 | 9 | 16 | |
| 19 | 37 | 32 | 32 | 24 | 53 | 47 | 23 | 17 | 72 | 29 | 62 | |
Growth YoY PAT Growth YoY% | 20.6 | 126.4 | 25.1 | 56.7 | 30.1 | 43.2 | 45.9 | -27.6 | -31.5 | 37.2 | -38.9 | 166.2 |
NPM NPM% | 50.8 | 129.1 | 133.7 | 114.3 | 84.6 | 183.3 | 152.7 | 85.2 | 59.4 | 246.2 | 99.8 | 184.3 |
| 16.1 | 31.7 | 27.6 | 27.7 | 21.1 | 45.2 | 40.4 | 20.0 | 14.4 | 62.0 | 24.8 | 53.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 77 | 79 | 107 | 111 | 116 | 118 | 137 | 125 | 121 | 110 | 115 | 120 |
Growth Revenue Growth% | 1.9 | 2.2 | 35.6 | 4.0 | 4.6 | 1.8 | 15.4 | -8.3 | -3.3 | -9.4 | 4.9 | 4.3 |
| 22 | 23 | 31 | 27 | 26 | 35 | 34 | 45 | 47 | 27 | 34 | 39 | |
| 55 | 56 | 75 | 84 | 90 | 83 | 103 | 80 | 74 | 82 | 82 | 81 | |
OPM OPM% | 71.5 | 71.1 | 70.7 | 76.0 | 77.4 | 70.1 | 75.3 | 64.0 | 61.5 | 75.0 | 70.9 | 67.8 |
| 9 | 24 | 25 | 29 | 36 | 35 | 41 | 59 | 42 | 96 | 108 | 156 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 3 | 2 | 3 | 4 | 6 | 5 | 4 | 3 | 6 | 4 |
Depreciation DepreciationCr | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
PBT PBTCr | 62 | 77 | 94 | 107 | 119 | 108 | 133 | 128 | 107 | 169 | 178 | 228 |
| 3 | 7 | 8 | 7 | 21 | 28 | 37 | 32 | 25 | 43 | 38 | 49 | |
PAT PATCr | 59 | 70 | 86 | 100 | 98 | 80 | 96 | 97 | 82 | 126 | 140 | 180 |
Growth PAT Growth% | 4.7 | 19.2 | 23.5 | 16.6 | -2.1 | -18.3 | 19.1 | 0.9 | -15.4 | 54.2 | 11.0 | 28.5 |
NPM NPM% | 76.1 | 88.7 | 80.8 | 90.5 | 84.7 | 68.0 | 70.1 | 77.1 | 67.5 | 114.9 | 121.6 | 149.9 |
| 50.0 | 60.4 | 73.9 | 86.2 | 42.2 | 68.9 | 82.1 | 82.8 | 70.1 | 108.0 | 120.0 | 154.4 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves ReservesCr | 368 | 439 | 536 | 636 | 731 | 797 | 918 | 1,027 | 1,104 | 1,307 | 1,467 | 1,603 |
| 3 | 5 | 9 | 9 | 10 | 12 | 11 | 26 | 23 | 18 | 24 | 30 | |
| 36 | 52 | 40 | 37 | 39 | 45 | 41 | 36 | 52 | 55 | 64 | 81 | |
| 413 | 501 | 590 | 687 | 785 | 861 | 975 | 1,095 | 1,184 | 1,385 | 1,561 | 1,720 | |
| 31 | 40 | 31 | 33 | 44 | 44 | 52 | 113 | 88 | 154 | 171 | 189 | |
| 382 | 461 | 559 | 654 | 741 | 817 | 923 | 982 | 1,096 | 1,231 | 1,390 | 1,531 | |
| 413 | 501 | 590 | 687 | 785 | 861 | 975 | 1,095 | 1,184 | 1,385 | 1,561 | 1,720 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 68 | 72 | 75 | 79 | 78 | 75 | 37 | 114 | 5 | 42 | |
| -38 | -80 | -60 | -71 | -84 | -75 | -75 | -30 | -99 | -17 | -38 | |
| 0 | 13 | -10 | -4 | 0 | -2 | -1 | 8 | -2 | -12 | -2 | |
Net Cash Flow Net Cash FlowCr | -1 | 1 | 2 | -1 | -5 | 2 | -1 | 15 | 13 | -23 | 1 |
Free Cash Flow Free Cash FlowCr | 37 | 68 | 72 | 74 | 76 | 77 | 71 | 35 | 112 | 2 | 39 |
CFO To PAT CFO To PAT% | 63.6 | 98.0 | 83.5 | 74.1 | 80.3 | 97.4 | 78.1 | 38.0 | 139.3 | 4.3 | 29.8 |
CFO To EBITDA CFO To EBITDA% | 67.7 | 122.4 | 95.3 | 88.3 | 87.9 | 94.5 | 72.7 | 45.7 | 152.9 | 6.5 | 51.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 279 | 380 | 452 | 522 | 306 | 327 | 443 | 543 | 487 | 1,076 | 947 |
Price To Earnings Price To Earnings | 4.8 | 5.4 | 5.3 | 5.2 | 3.1 | 4.1 | 4.6 | 5.6 | 6.0 | 8.6 | 6.8 |
Price To Sales Price To Sales | 3.6 | 4.8 | 4.2 | 4.7 | 2.6 | 2.8 | 3.3 | 4.3 | 4.0 | 9.8 | 8.2 |
Price To Book Price To Book | 0.8 | 0.9 | 0.8 | 0.8 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.8 | 0.6 |
EV To EBITDA EV To EBITDA | 5.0 | 6.9 | 6.0 | 6.1 | 3.4 | 3.9 | 4.3 | 6.8 | 6.3 | 13.1 | 11.6 |
GPM GPM% | 94.3 | 96.0 | 94.7 | 95.5 | 95.5 | 97.5 | 91.7 | 92.5 | 93.3 | 98.3 | 98.1 |
OPM OPM% | 71.5 | 71.1 | 70.7 | 76.0 | 77.4 | 70.1 | 75.3 | 64.0 | 61.5 | 75.0 | 70.9 |
NPM NPM% | 76.1 | 88.7 | 80.8 | 90.5 | 84.7 | 68.0 | 70.1 | 77.1 | 67.5 | 114.9 | 121.6 |
ROCE ROCE% | 16.5 | 16.9 | 17.7 | 17.1 | 16.6 | 14.0 | 14.9 | 12.8 | 9.9 | 13.1 | 12.4 |
ROE ROE% | 15.6 | 15.7 | 15.9 | 15.7 | 13.4 | 10.0 | 10.4 | 9.3 | 7.4 | 9.6 | 9.5 |
ROA ROA% | 14.2 | 13.9 | 14.6 | 14.6 | 12.5 | 9.3 | 9.8 | 8.8 | 6.9 | 9.1 | 9.0 |