| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 121 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
Growth YoY Revenue Growth YoY% | 3.4 | 7.0 | 22,246.3 | -31.0 | 22.9 | 36.1 | -99.5 | 80.0 | 10.7 | -13.3 | -5.0 | 9.7 |
Interest Expended Interest ExpendedCr | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Expenses ExpensesCr | 0 | 0 | 120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
FPM FPM% | 1.6 | 1.6 | 0.0 | 7.5 | -4.0 | 2.4 | 1.7 | 4.2 | 3.6 | 1.4 | 3.5 | 5.1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Growth YoY PAT Growth YoY% | 0.0 | 0.0 | 100.0 | 0.0 | 200.0 | 100.0 | 0.0 | 0.0 | -33.3 | -50.0 | 50.0 | 0.0 |
NPM NPM% | 1.6 | 1.6 | 0.0 | 5.0 | 4.0 | 2.4 | 3.3 | 2.8 | 2.4 | 1.4 | 5.3 | 2.5 |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 121 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
Growth YoY Revenue Growth YoY% | 3.4 | 7.0 | 22,246.3 | -31.0 | 22.9 | 36.1 | -99.5 | 80.0 | 10.7 | -13.3 | -5.0 | 9.7 |
Interest Expended Interest ExpendedCr | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Expenses ExpensesCr | 0 | 0 | 120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
FPM FPM% | 1.6 | 1.6 | 0.0 | 7.5 | -4.0 | 2.4 | 1.7 | 4.2 | 3.6 | 1.4 | 3.5 | 5.1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Growth YoY PAT Growth YoY% | 0.0 | 0.0 | 100.0 | 0.0 | 200.0 | 100.0 | 0.0 | 0.0 | -33.3 | -50.0 | 50.0 | 0.0 |
NPM NPM% | 1.6 | 1.6 | 0.0 | 5.0 | 4.0 | 2.4 | 3.3 | 2.8 | 2.4 | 1.4 | 5.3 | 2.5 |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 9 | 2 | 4 | 3 | 5 | 2 | 2 | 2 | 14 | 3 | 3 | 3 |
Growth Revenue Growth% | -20.4 | -82.8 | 158.9 | -15.4 | 37.9 | -54.3 | 11.4 | -5.4 | 526.8 | -82.1 | 9.7 | 0.3 |
Interest Expended Interest ExpendedCr | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 2 |
Expenses ExpensesCr | 8 | 1 | 3 | 2 | 5 | 1 | 2 | 1 | 13 | 1 | 1 | 1 |
| 1 | 0 | 1 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | |
FPM FPM% | 10.1 | 12.6 | 17.3 | 12.7 | 2.5 | 8.7 | -32.8 | -3.5 | 0.1 | 1.9 | 3.9 | 3.4 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
PAT PATCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Growth PAT Growth% | -50.0 | -81.0 | 334.9 | -60.5 | -24.5 | -18.9 | -4.5 | -57.7 | 35.3 | 37.9 | -1.6 | -11.1 |
NPM NPM% | 6.0 | 6.6 | 11.1 | 5.2 | 2.8 | 5.0 | 4.3 | 1.9 | 0.4 | 3.2 | 2.9 | 2.8 |
| 0.8 | 0.2 | 0.7 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 9 | 2 | 4 | 3 | 5 | 2 | 2 | 2 | 14 | 3 | 3 | 3 |
Growth Revenue Growth% | -20.4 | -82.8 | 158.9 | -15.4 | 37.9 | -54.3 | 11.4 | -5.4 | 526.8 | -82.1 | 9.7 | 0.3 |
Interest Expended Interest ExpendedCr | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 2 |
Expenses ExpensesCr | 8 | 1 | 3 | 2 | 5 | 1 | 2 | 1 | 13 | 1 | 1 | 1 |
| 1 | 0 | 1 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | |
FPM FPM% | 10.1 | 12.6 | 17.3 | 12.7 | 2.5 | 8.7 | -32.8 | -3.5 | 0.1 | 1.9 | 3.9 | 3.4 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
PAT PATCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Growth PAT Growth% | -50.0 | -81.0 | 334.9 | -60.5 | -24.5 | -18.9 | -4.5 | -57.7 | 35.3 | 37.9 | -1.6 | -11.1 |
NPM NPM% | 6.0 | 6.6 | 11.1 | 5.2 | 2.8 | 5.0 | 4.3 | 1.9 | 0.4 | 3.2 | 2.9 | 2.8 |
| 0.8 | 0.2 | 0.7 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves ReservesCr | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
Borrowings BorrowingsCr | 0 | 7 | 12 | 70 | 16 | 31 | 34 | 32 | 23 | 22 | 22 |
Other Liabilities Other LiabilitiesCr | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities Total LiabilitiesCr | 13 | 20 | 26 | 84 | 30 | 46 | 48 | 46 | 37 | 36 | 36 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Cash Equivalents Cash EquivalentsCr | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets Other AssetsCr | 13 | 19 | 25 | 83 | 29 | 45 | 48 | 46 | 37 | 36 | 36 |
Total Assets Total AssetsCr | 13 | 20 | 26 | 84 | 30 | 46 | 48 | 46 | 37 | 36 | 36 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves ReservesCr | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
Borrowings BorrowingsCr | 0 | 7 | 12 | 70 | 16 | 31 | 34 | 32 | 23 | 22 | 22 |
Other Liabilities Other LiabilitiesCr | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities Total LiabilitiesCr | 13 | 20 | 26 | 84 | 30 | 46 | 48 | 46 | 37 | 36 | 36 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Cash Equivalents Cash EquivalentsCr | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets Other AssetsCr | 13 | 19 | 25 | 83 | 29 | 45 | 48 | 46 | 37 | 36 | 36 |
Total Assets Total AssetsCr | 13 | 20 | 26 | 84 | 30 | 46 | 48 | 46 | 37 | 36 | 36 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| -4 | -57 | 54 | -15 | -3 | 4 | 10 | 3 | 2 | |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 4 | 57 | -54 | 15 | 1 | -4 | -11 | -3 | -2 | |
Net Cash Flow Net Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow Free Cash FlowCr | -5 | -57 | 54 | -15 | -1 | 4 | 10 | 3 | 2 |
CFO To EBITDA CFO To EBITDA% | -624.1 | -12,960.1 | 45,354.7 | -7,792.1 | 318.1 | -5,199.2 | 49,414.3 | 5,642.4 | 1,328.3 |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| -4 | -57 | 54 | -15 | -3 | 4 | 10 | 3 | 2 | |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 4 | 57 | -54 | 15 | 1 | -4 | -11 | -3 | -2 | |
Net Cash Flow Net Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow Free Cash FlowCr | -5 | -57 | 54 | -15 | -1 | 4 | 10 | 3 | 2 |
CFO To EBITDA CFO To EBITDA% | -624.1 | -12,960.1 | 45,354.7 | -7,792.1 | 318.1 | -5,199.2 | 49,414.3 | 5,642.4 | 1,328.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 51 | 21 | 13 | 8 | 6 | 4 | 4 | 6 | 8 | 8 | ||
Price To Earnings Price To Earnings | 92.7 | 200.0 | 29.4 | 43.5 | 51.9 | 39.8 | 85.6 | 93.3 | 101.7 | 104.5 | ||
Price To Sales Price To Sales | 5.5 | 13.4 | 3.2 | 2.2 | 2.7 | 1.7 | 1.7 | 0.4 | 2.9 | 2.9 | ||
Price To Book Price To Book | 4.0 | 1.6 | 1.0 | 0.6 | 0.4 | 0.3 | 0.3 | 0.4 | 0.6 | 0.6 | ||
EV To EBITDA EV To EBITDA | 54.9 | 136.3 | 34.7 | 175.2 | 194.3 | -47.8 | -458.5 | 1,371.7 | 260.2 | 301.5 | ||
FPM FPM% | 10.1 | 12.5 | 17.2 | 12.7 | 2.5 | 8.7 | -32.9 | -3.4 | 0.1 | 2.0 | 4.0 | 3.4 |
NPM NPM% | 6.0 | 6.6 | 11.1 | 5.2 | 2.8 | 5.0 | 4.3 | 1.9 | 0.4 | 3.2 | 2.9 | 2.8 |
ROCE ROCE% | 6.9 | 1.1 | 6.1 | 1.6 | 0.7 | 1.9 | 3.7 | 3.9 | 5.1 | 4.8 | 4.3 | 4.3 |
ROE ROE% | 4.3 | 0.8 | 3.4 | 1.3 | 1.0 | 0.8 | 0.8 | 0.3 | 0.4 | 0.6 | 0.6 | 0.6 |
ROA ROA% | 4.1 | 0.5 | 1.8 | 0.2 | 0.5 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 51 | 21 | 13 | 8 | 6 | 4 | 4 | 6 | 8 | 8 | ||
Price To Earnings Price To Earnings | 92.7 | 200.0 | 29.4 | 43.5 | 51.9 | 39.8 | 85.6 | 93.3 | 101.7 | 104.5 | ||
Price To Sales Price To Sales | 5.5 | 13.4 | 3.2 | 2.2 | 2.7 | 1.7 | 1.7 | 0.4 | 2.9 | 2.9 | ||
Price To Book Price To Book | 4.0 | 1.6 | 1.0 | 0.6 | 0.4 | 0.3 | 0.3 | 0.4 | 0.6 | 0.6 | ||
EV To EBITDA EV To EBITDA | 54.9 | 136.3 | 34.7 | 175.2 | 194.3 | -47.8 | -458.5 | 1,371.7 | 260.2 | 301.5 | ||
FPM FPM% | 10.1 | 12.5 | 17.2 | 12.7 | 2.5 | 8.7 | -32.9 | -3.4 | 0.1 | 2.0 | 4.0 | 3.4 |
NPM NPM% | 6.0 | 6.6 | 11.1 | 5.2 | 2.8 | 5.0 | 4.3 | 1.9 | 0.4 | 3.2 | 2.9 | 2.8 |
ROCE ROCE% | 6.9 | 1.1 | 6.1 | 1.6 | 0.7 | 1.9 | 3.7 | 3.9 | 5.1 | 4.8 | 4.3 | 4.3 |
ROE ROE% | 4.3 | 0.8 | 3.4 | 1.3 | 1.0 | 0.8 | 0.8 | 0.3 | 0.4 | 0.6 | 0.6 | 0.6 |
ROA ROA% | 4.1 | 0.5 | 1.8 | 0.2 | 0.5 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 |
Documents — Mathew Easow Research Securities Ltd