| Quarter | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| 93 | 225 | 380 | 1,596 | |
Growth YoY Revenue Growth YoY% | 309.1 | 609.2 | ||
| 34 | 266 | 363 | 1,603 | |
| 59 | -41 | 17 | -7 | |
OPM OPM% | 63.2 | -18.1 | 4.5 | -0.4 |
| 3 | 7 | 7 | 9 | |
Interest Expense Interest ExpenseCr | 3 | 3 | 2 | 4 |
Depreciation DepreciationCr | 0 | 0 | 0 | 1 |
PBT PBTCr | 0 | 0 | 0 | 0 |
| 11 | -8 | 6 | 2 | |
| 51 | -27 | 18 | 1 | |
Growth YoY PAT Growth YoY% | -65.0 | 104.4 | ||
NPM NPM% | 54.6 | -12.0 | 4.7 | 0.1 |
| 0.0 | -9.4 | 4.6 | 0.3 |
| Quarter | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| 93 | 225 | 380 | 1,596 | |
Growth YoY Revenue Growth YoY% | 309.1 | 609.2 | ||
| 34 | 266 | 363 | 1,603 | |
| 59 | -41 | 17 | -7 | |
OPM OPM% | 63.2 | -18.1 | 4.5 | -0.4 |
| 3 | 7 | 7 | 9 | |
Interest Expense Interest ExpenseCr | 3 | 3 | 2 | 4 |
Depreciation DepreciationCr | 0 | 0 | 0 | 1 |
PBT PBTCr | 0 | 0 | 0 | 0 |
| 11 | -8 | 6 | 2 | |
| 51 | -27 | 18 | 1 | |
Growth YoY PAT Growth YoY% | -65.0 | 104.4 | ||
NPM NPM% | 54.6 | -12.0 | 4.7 | 0.1 |
| 0.0 | -9.4 | 4.6 | 0.3 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
Revenue RevenueCr | 36 | 49 | 104 | 318 | 1,976 |
Growth Revenue Growth% | 39.4 | 110.6 | 205.2 | 521.5 | |
| 17 | 26 | 56 | 293 | 1,959 | |
| 18 | 23 | 48 | 25 | 17 | |
OPM OPM% | 51.6 | 47.3 | 46.3 | 7.8 | 0.8 |
| 7 | 5 | 7 | 10 | 16 | |
Interest Expense Interest ExpenseCr | 3 | 3 | 2 | 6 | 5 |
Depreciation DepreciationCr | 0 | 0 | 1 | 1 | 1 |
PBT PBTCr | 22 | 25 | 52 | 28 | 26 |
| 5 | 5 | 10 | 4 | 7 | |
PAT PATCr | 18 | 20 | 43 | 24 | 19 |
Growth PAT Growth% | 11.1 | 117.9 | -44.5 | -19.9 | |
NPM NPM% | 49.6 | 39.6 | 40.9 | 7.5 | 1.0 |
| 5.9 | 6.4 | 6.4 | 7.5 | 5.0 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
Revenue RevenueCr | 36 | 49 | 104 | 318 | 1,976 |
Growth Revenue Growth% | 39.4 | 110.6 | 205.2 | 521.5 | |
| 17 | 26 | 56 | 293 | 1,959 | |
| 18 | 23 | 48 | 25 | 17 | |
OPM OPM% | 51.6 | 47.3 | 46.3 | 7.8 | 0.8 |
| 7 | 5 | 7 | 10 | 16 | |
Interest Expense Interest ExpenseCr | 3 | 3 | 2 | 6 | 5 |
Depreciation DepreciationCr | 0 | 0 | 1 | 1 | 1 |
PBT PBTCr | 22 | 25 | 52 | 28 | 26 |
| 5 | 5 | 10 | 4 | 7 | |
PAT PATCr | 18 | 20 | 43 | 24 | 19 |
Growth PAT Growth% | 11.1 | 117.9 | -44.5 | -19.9 | |
NPM NPM% | 49.6 | 39.6 | 40.9 | 7.5 | 1.0 |
| 5.9 | 6.4 | 6.4 | 7.5 | 5.0 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 5 | 15 | 15 | 19 | 19 |
Reserves ReservesCr | 71 | 80 | 123 | 207 | 226 |
| 105 | 92 | 163 | 63 | 150 | |
| 0 | 0 | 1 | 1 | 3 | |
| 181 | 188 | 302 | 291 | 398 | |
| 105 | 108 | 148 | 285 | 388 | |
| 76 | 79 | 154 | 6 | 10 | |
| 181 | 188 | 302 | 291 | 398 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 5 | 15 | 15 | 19 | 19 |
Reserves ReservesCr | 71 | 80 | 123 | 207 | 226 |
| 105 | 92 | 163 | 63 | 150 | |
| 0 | 0 | 1 | 1 | 3 | |
| 181 | 188 | 302 | 291 | 398 | |
| 105 | 108 | 148 | 285 | 388 | |
| 76 | 79 | 154 | 6 | 10 | |
| 181 | 188 | 302 | 291 | 398 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| -37 | -9 | 109 | -185 | 65 | |
| 76 | 1 | -97 | 137 | -7 | |
| -18 | -8 | -3 | 18 | 3 | |
Net Cash Flow Net Cash FlowCr | 22 | -17 | 9 | -29 | 61 |
Free Cash Flow Free Cash FlowCr | -38 | -10 | 108 | -186 | 60 |
CFO To PAT CFO To PAT% | -207.9 | -45.3 | 255.7 | -781.2 | 344.5 |
CFO To EBITDA CFO To EBITDA% | -200.0 | -37.9 | 226.0 | -750.1 | 387.2 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| -37 | -9 | 109 | -185 | 65 | |
| 76 | 1 | -97 | 137 | -7 | |
| -18 | -8 | -3 | 18 | 3 | |
Net Cash Flow Net Cash FlowCr | 22 | -17 | 9 | -29 | 61 |
Free Cash Flow Free Cash FlowCr | -38 | -10 | 108 | -186 | 60 |
CFO To PAT CFO To PAT% | -207.9 | -45.3 | 255.7 | -781.2 | 344.5 |
CFO To EBITDA CFO To EBITDA% | -200.0 | -37.9 | 226.0 | -750.1 | 387.2 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 254 | 151 | 214 | |||
Price To Earnings Price To Earnings | 10.7 | 8.0 | 11.3 | |||
Price To Sales Price To Sales | 0.8 | 0.1 | 0.1 | |||
Price To Book Price To Book | 1.1 | 0.6 | 0.9 | |||
EV To EBITDA EV To EBITDA | 3.8 | -4.6 | -2.2 | |||
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 51.6 | 47.3 | 46.3 | 7.8 | 0.8 | 0.8 |
NPM NPM% | 49.6 | 39.6 | 40.9 | 7.5 | 1.0 | 1.0 |
ROCE ROCE% | 28.0 | 26.6 | 29.4 | 15.0 | 12.4 | 12.4 |
ROE ROE% | 23.2 | 20.6 | 30.9 | 10.4 | 7.7 | 7.7 |
ROA ROA% | 9.8 | 10.4 | 14.1 | 8.2 | 4.8 | 4.8 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 254 | 151 | 214 | |||
Price To Earnings Price To Earnings | 10.7 | 8.0 | 11.3 | |||
Price To Sales Price To Sales | 0.8 | 0.1 | 0.1 | |||
Price To Book Price To Book | 1.1 | 0.6 | 0.9 | |||
EV To EBITDA EV To EBITDA | 3.8 | -4.6 | -2.2 | |||
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 51.6 | 47.3 | 46.3 | 7.8 | 0.8 | 0.8 |
NPM NPM% | 49.6 | 39.6 | 40.9 | 7.5 | 1.0 | 1.0 |
ROCE ROCE% | 28.0 | 26.6 | 29.4 | 15.0 | 12.4 | 12.4 |
ROE ROE% | 23.2 | 20.6 | 30.9 | 10.4 | 7.7 | 7.7 |
ROA ROA% | 9.8 | 10.4 | 14.1 | 8.2 | 4.8 | 4.8 |
Documents — Rikhav Securities Ltd
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