| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,156 | 2,398 | 2,926 | 2,293 | 2,795 | 1,898 | 2,280 | 2,246 | 1,861 | 4,400 | 1,918 | 2,329 | |
Growth YoY Revenue Growth YoY% | 3.1 | 11.6 | -2.9 | 15.9 | 29.7 | -20.9 | -22.1 | -2.1 | -33.4 | 131.9 | -15.9 | 3.7 |
| 1,366 | 1,566 | 2,058 | 1,497 | 1,814 | 1,168 | 1,553 | 1,449 | 1,255 | 3,202 | 1,420 | 1,736 | |
| 790 | 832 | 869 | 796 | 981 | 730 | 727 | 797 | 606 | 1,198 | 498 | 593 | |
OPM OPM% | 36.6 | 34.7 | 29.7 | 34.7 | 35.1 | 38.5 | 31.9 | 35.5 | 32.5 | 27.2 | 26.0 | 25.4 |
| 9 | 17 | 100 | 43 | 47 | 99 | 63 | 35 | 39 | 315 | 51 | 90 | |
Interest Expense Interest ExpenseCr | 662 | 727 | 718 | 701 | 673 | 613 | 550 | 686 | 655 | 589 | 561 | 558 |
Depreciation DepreciationCr | 31 | 32 | 33 | 34 | 36 | 34 | 43 | 36 | 36 | 37 | 35 | 36 |
PBT PBTCr | 106 | 89 | 218 | 105 | 319 | 181 | 196 | 110 | -46 | 792 | -29 | 123 |
| 11 | -63 | 15 | 19 | 182 | 26 | 38 | 8 | -222 | 522 | -161 | -12 | |
| 95 | 152 | 203 | 85 | 137 | 155 | 158 | 103 | 175 | 270 | 132 | 134 | |
Growth YoY PAT Growth YoY% | 24.1 | 25.3 | 18.0 | 9.7 | 44.3 | 1.9 | -22.0 | 20.4 | 28.1 | 74.2 | -16.6 | 30.9 |
NPM NPM% | 4.4 | 6.3 | 6.9 | 3.7 | 4.9 | 8.2 | 6.9 | 4.6 | 9.4 | 6.1 | 6.9 | 5.8 |
| 0.8 | 1.4 | 1.9 | 0.9 | 1.5 | 1.7 | 1.1 | 1.1 | 1.9 | 2.9 | 1.4 | 1.4 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,156 | 2,398 | 2,926 | 2,293 | 2,795 | 1,898 | 2,280 | 2,246 | 1,861 | 4,400 | 1,918 | 2,329 | |
Growth YoY Revenue Growth YoY% | 3.1 | 11.6 | -2.9 | 15.9 | 29.7 | -20.9 | -22.1 | -2.1 | -33.4 | 131.9 | -15.9 | 3.7 |
| 1,366 | 1,566 | 2,058 | 1,497 | 1,814 | 1,168 | 1,553 | 1,449 | 1,255 | 3,202 | 1,420 | 1,736 | |
| 790 | 832 | 869 | 796 | 981 | 730 | 727 | 797 | 606 | 1,198 | 498 | 593 | |
OPM OPM% | 36.6 | 34.7 | 29.7 | 34.7 | 35.1 | 38.5 | 31.9 | 35.5 | 32.5 | 27.2 | 26.0 | 25.4 |
| 9 | 17 | 100 | 43 | 47 | 99 | 63 | 35 | 39 | 315 | 51 | 90 | |
Interest Expense Interest ExpenseCr | 662 | 727 | 718 | 701 | 673 | 613 | 550 | 686 | 655 | 589 | 561 | 558 |
Depreciation DepreciationCr | 31 | 32 | 33 | 34 | 36 | 34 | 43 | 36 | 36 | 37 | 35 | 36 |
PBT PBTCr | 106 | 89 | 218 | 105 | 319 | 181 | 196 | 110 | -46 | 792 | -29 | 123 |
| 11 | -63 | 15 | 19 | 182 | 26 | 38 | 8 | -222 | 522 | -161 | -12 | |
| 95 | 152 | 203 | 85 | 137 | 155 | 158 | 103 | 175 | 270 | 132 | 134 | |
Growth YoY PAT Growth YoY% | 24.1 | 25.3 | 18.0 | 9.7 | 44.3 | 1.9 | -22.0 | 20.4 | 28.1 | 74.2 | -16.6 | 30.9 |
NPM NPM% | 4.4 | 6.3 | 6.9 | 3.7 | 4.9 | 8.2 | 6.9 | 4.6 | 9.4 | 6.1 | 6.9 | 5.8 |
| 0.8 | 1.4 | 1.9 | 0.9 | 1.5 | 1.7 | 1.1 | 1.1 | 1.9 | 2.9 | 1.4 | 1.4 |
| 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 | 5,254 | 6,592 | 8,874 | 11,078 | 9,513 | 9,357 | 6,819 | 8,481 | 9,314 | 9,250 | 10,417 | 10,508 |
Growth Revenue Growth% | 35.4 | 25.5 | 34.6 | 24.8 | -14.1 | -1.6 | -27.1 | 24.4 | 9.8 | -0.7 | 12.6 | 14.0 |
| 1,987 | 2,760 | 3,591 | 4,507 | 7,034 | 6,609 | 3,947 | 5,667 | 6,252 | 6,033 | 7,327 | 7,613 | |
| 3,267 | 3,833 | 5,283 | 6,571 | 2,479 | 2,749 | 2,873 | 2,814 | 3,063 | 3,217 | 3,090 | 2,895 | |
OPM OPM% | 62.2 | 58.1 | 59.5 | 59.3 | 26.1 | 29.4 | 42.1 | 33.2 | 32.9 | 34.8 | 29.7 | 27.6 |
| 14 | 27 | 47 | 84 | 89 | 1,491 | 393 | 152 | 288 | 268 | 448 | 495 | |
Interest Expense Interest ExpenseCr | 2,620 | 2,810 | 3,876 | 4,783 | 4,793 | 3,834 | 2,984 | 2,575 | 2,787 | 2,537 | 2,492 | 2,364 |
Depreciation DepreciationCr | 90 | 106 | 104 | 132 | 232 | 260 | 151 | 138 | 126 | 147 | 144 | 144 |
PBT PBTCr | 571 | 943 | 1,349 | 1,744 | -2,457 | 146 | 227 | 385 | 437 | 802 | 827 | 840 |
| 235 | 395 | 512 | 699 | -413 | -108 | 15 | -21 | -91 | 266 | 147 | 127 | |
PAT PATCr | 336 | 548 | 837 | 1,044 | -2,044 | 254 | 212 | 406 | 528 | 536 | 680 | 712 |
Growth PAT Growth% | 8.9 | 63.3 | 52.6 | 24.8 | -295.7 | 112.4 | -16.5 | 91.2 | 30.2 | 1.5 | 27.0 | 28.7 |
NPM NPM% | 6.4 | 8.3 | 9.4 | 9.4 | -21.5 | 2.7 | 3.1 | 4.8 | 5.7 | 5.8 | 6.5 | 6.8 |
| 2.6 | 3.8 | 5.5 | 5.9 | -12.1 | 1.6 | 1.1 | 2.0 | 4.7 | 5.9 | 7.2 | 7.5 |
| 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 | 5,254 | 6,592 | 8,874 | 11,078 | 9,513 | 9,357 | 6,819 | 8,481 | 9,314 | 9,250 | 10,417 | 10,508 |
Growth Revenue Growth% | 35.4 | 25.5 | 34.6 | 24.8 | -14.1 | -1.6 | -27.1 | 24.4 | 9.8 | -0.7 | 12.6 | 14.0 |
| 1,987 | 2,760 | 3,591 | 4,507 | 7,034 | 6,609 | 3,947 | 5,667 | 6,252 | 6,033 | 7,327 | 7,613 | |
| 3,267 | 3,833 | 5,283 | 6,571 | 2,479 | 2,749 | 2,873 | 2,814 | 3,063 | 3,217 | 3,090 | 2,895 | |
OPM OPM% | 62.2 | 58.1 | 59.5 | 59.3 | 26.1 | 29.4 | 42.1 | 33.2 | 32.9 | 34.8 | 29.7 | 27.6 |
| 14 | 27 | 47 | 84 | 89 | 1,491 | 393 | 152 | 288 | 268 | 448 | 495 | |
Interest Expense Interest ExpenseCr | 2,620 | 2,810 | 3,876 | 4,783 | 4,793 | 3,834 | 2,984 | 2,575 | 2,787 | 2,537 | 2,492 | 2,364 |
Depreciation DepreciationCr | 90 | 106 | 104 | 132 | 232 | 260 | 151 | 138 | 126 | 147 | 144 | 144 |
PBT PBTCr | 571 | 943 | 1,349 | 1,744 | -2,457 | 146 | 227 | 385 | 437 | 802 | 827 | 840 |
| 235 | 395 | 512 | 699 | -413 | -108 | 15 | -21 | -91 | 266 | 147 | 127 | |
PAT PATCr | 336 | 548 | 837 | 1,044 | -2,044 | 254 | 212 | 406 | 528 | 536 | 680 | 712 |
Growth PAT Growth% | 8.9 | 63.3 | 52.6 | 24.8 | -295.7 | 112.4 | -16.5 | 91.2 | 30.2 | 1.5 | 27.0 | 28.7 |
NPM NPM% | 6.4 | 8.3 | 9.4 | 9.4 | -21.5 | 2.7 | 3.1 | 4.8 | 5.7 | 5.8 | 6.5 | 6.8 |
| 2.6 | 3.8 | 5.5 | 5.9 | -12.1 | 1.6 | 1.1 | 2.0 | 4.7 | 5.9 | 7.2 | 7.5 |
| 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 | 81 | 83 | 87 | 89 | 89 | 89 | 90 | 90 | 90 | 92 | 95 |
Reserves ReservesCr | 3,591 | 4,242 | 6,796 | 7,588 | 6,040 | 6,488 | 6,448 | 6,654 | 4,672 | 4,333 | 4,528 |
| 21,756 | 21,200 | 16,829 | 13,147 | 13,107 | 11,634 | 14,507 | 16,129 | 18,246 | 17,765 | 19,065 | |
| 10,857 | 18,335 | 38,832 | 42,292 | 33,966 | 27,039 | 21,180 | 20,089 | 18,624 | 17,939 | 18,733 | |
| 36,985 | 44,823 | 63,487 | 64,154 | 54,280 | 46,350 | 43,280 | 44,064 | 42,920 | 41,623 | 43,741 | |
| 25,076 | 26,321 | 10,670 | 11,233 | 12,563 | 8,261 | 6,361 | 6,945 | 6,752 | 8,758 | 9,610 | |
| 11,909 | 18,503 | 52,817 | 52,920 | 41,718 | 38,089 | 36,918 | 37,119 | 36,168 | 32,864 | 34,131 | |
| 36,985 | 44,823 | 63,487 | 64,154 | 54,280 | 46,350 | 43,280 | 44,064 | 42,920 | 41,623 | 43,741 |
| 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 | 81 | 83 | 87 | 89 | 89 | 89 | 90 | 90 | 90 | 92 | 95 |
Reserves ReservesCr | 3,591 | 4,242 | 6,796 | 7,588 | 6,040 | 6,488 | 6,448 | 6,654 | 4,672 | 4,333 | 4,528 |
| 21,756 | 21,200 | 16,829 | 13,147 | 13,107 | 11,634 | 14,507 | 16,129 | 18,246 | 17,765 | 19,065 | |
| 10,857 | 18,335 | 38,832 | 42,292 | 33,966 | 27,039 | 21,180 | 20,089 | 18,624 | 17,939 | 18,733 | |
| 36,985 | 44,823 | 63,487 | 64,154 | 54,280 | 46,350 | 43,280 | 44,064 | 42,920 | 41,623 | 43,741 | |
| 25,076 | 26,321 | 10,670 | 11,233 | 12,563 | 8,261 | 6,361 | 6,945 | 6,752 | 8,758 | 9,610 | |
| 11,909 | 18,503 | 52,817 | 52,920 | 41,718 | 38,089 | 36,918 | 37,119 | 36,168 | 32,864 | 34,131 | |
| 36,985 | 44,823 | 63,487 | 64,154 | 54,280 | 46,350 | 43,280 | 44,064 | 42,920 | 41,623 | 43,741 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,762 | -497 | -12,969 | 5,685 | 12,098 | 3,458 | 5,592 | 2,891 | 2,894 | 3,384 | 897 | |
| -48 | -4,336 | -530 | -1,312 | 199 | 4,085 | -1,058 | -425 | -482 | 3,794 | -963 | |
| 3,802 | 5,112 | 14,868 | -3,665 | -10,471 | -8,587 | -6,444 | -1,708 | -2,785 | -4,828 | -1,936 | |
Net Cash Flow Net Cash FlowCr | -22 | 292 | 1,369 | 708 | 1,827 | -1,044 | -1,910 | 757 | -373 | 2,350 | -2,002 |
Free Cash Flow Free Cash FlowCr | -3,881 | -647 | -13,092 | 5,685 | 12,098 | 3,594 | 5,532 | 2,813 | 2,806 | 3,247 | 827 |
CFO To PAT CFO To PAT% | -1,120.4 | -90.6 | -1,549.3 | 544.4 | -592.0 | 1,361.9 | 2,636.9 | 712.8 | 548.0 | 631.5 | 131.9 |
CFO To EBITDA CFO To EBITDA% | -115.1 | -13.0 | -245.5 | 86.5 | 488.0 | 125.8 | 194.7 | 102.7 | 94.5 | 105.2 | 29.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,762 | -497 | -12,969 | 5,685 | 12,098 | 3,458 | 5,592 | 2,891 | 2,894 | 3,384 | 897 | |
| -48 | -4,336 | -530 | -1,312 | 199 | 4,085 | -1,058 | -425 | -482 | 3,794 | -963 | |
| 3,802 | 5,112 | 14,868 | -3,665 | -10,471 | -8,587 | -6,444 | -1,708 | -2,785 | -4,828 | -1,936 | |
Net Cash Flow Net Cash FlowCr | -22 | 292 | 1,369 | 708 | 1,827 | -1,044 | -1,910 | 757 | -373 | 2,350 | -2,002 |
Free Cash Flow Free Cash FlowCr | -3,881 | -647 | -13,092 | 5,685 | 12,098 | 3,594 | 5,532 | 2,813 | 2,806 | 3,247 | 827 |
CFO To PAT CFO To PAT% | -1,120.4 | -90.6 | -1,549.3 | 544.4 | -592.0 | 1,361.9 | 2,636.9 | 712.8 | 548.0 | 631.5 | 131.9 |
CFO To EBITDA CFO To EBITDA% | -115.1 | -13.0 | -245.5 | 86.5 | 488.0 | 125.8 | 194.7 | 102.7 | 94.5 | 105.2 | 29.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 4,587 | 13,125 | 21,821 | 18,374 | 3,565 | 5,942 | 5,536 | 4,948 | 6,003 | 8,466 | 9,442 | 13,486 |
Price To Earnings Price To Earnings | 11.9 | 21.8 | 24.1 | 17.6 | 21.3 | 27.9 | 13.7 | 13.6 | 20.7 | 17.3 | 18.9 | |
Price To Sales Price To Sales | 0.9 | 2.0 | 2.5 | 1.7 | 0.4 | 0.6 | 0.8 | 0.6 | 0.6 | 0.9 | 0.9 | 1.3 |
Price To Book Price To Book | 1.3 | 3.0 | 3.0 | 2.3 | 0.6 | 0.9 | 0.8 | 0.7 | 1.2 | 1.9 | 2.0 | 2.9 |
EV To EBITDA EV To EBITDA | 8.2 | 10.3 | 12.5 | 8.8 | 12.8 | 10.8 | 8.8 | 8.2 | 7.5 | 6.6 | 7.9 | 9.8 |
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 62.2 | 58.1 | 59.5 | 59.3 | 26.1 | 29.4 | 42.1 | 33.2 | 32.9 | 34.8 | 29.7 | 27.6 |
NPM NPM% | 6.4 | 8.3 | 9.4 | 9.4 | -21.5 | 2.7 | 3.1 | 4.8 | 5.7 | 5.8 | 6.5 | 6.8 |
ROCE ROCE% | 11.6 | 11.3 | 9.4 | 12.1 | 5.5 | 11.4 | 11.0 | 10.4 | 12.9 | 15.0 | 14.3 | 14.3 |
ROE ROE% | 9.1 | 12.7 | 12.2 | 13.6 | -33.4 | 3.9 | 3.2 | 6.0 | 11.1 | 12.1 | 14.7 | 14.7 |
ROA ROA% | 0.9 | 1.2 | 1.3 | 1.6 | -3.8 | 0.6 | 0.5 | 0.9 | 1.2 | 1.3 | 1.6 | 1.6 |
| 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 | 4,587 | 13,125 | 21,821 | 18,374 | 3,565 | 5,942 | 5,536 | 4,948 | 6,003 | 8,466 | 9,442 | 13,486 |
Price To Earnings Price To Earnings | 11.9 | 21.8 | 24.1 | 17.6 | 21.3 | 27.9 | 13.7 | 13.6 | 20.7 | 17.3 | 18.9 | |
Price To Sales Price To Sales | 0.9 | 2.0 | 2.5 | 1.7 | 0.4 | 0.6 | 0.8 | 0.6 | 0.6 | 0.9 | 0.9 | 1.3 |
Price To Book Price To Book | 1.3 | 3.0 | 3.0 | 2.3 | 0.6 | 0.9 | 0.8 | 0.7 | 1.2 | 1.9 | 2.0 | 2.9 |
EV To EBITDA EV To EBITDA | 8.2 | 10.3 | 12.5 | 8.8 | 12.8 | 10.8 | 8.8 | 8.2 | 7.5 | 6.6 | 7.9 | 9.8 |
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 62.2 | 58.1 | 59.5 | 59.3 | 26.1 | 29.4 | 42.1 | 33.2 | 32.9 | 34.8 | 29.7 | 27.6 |
NPM NPM% | 6.4 | 8.3 | 9.4 | 9.4 | -21.5 | 2.7 | 3.1 | 4.8 | 5.7 | 5.8 | 6.5 | 6.8 |
ROCE ROCE% | 11.6 | 11.3 | 9.4 | 12.1 | 5.5 | 11.4 | 11.0 | 10.4 | 12.9 | 15.0 | 14.3 | 14.3 |
ROE ROE% | 9.1 | 12.7 | 12.2 | 13.6 | -33.4 | 3.9 | 3.2 | 6.0 | 11.1 | 12.1 | 14.7 | 14.7 |
ROA ROA% | 0.9 | 1.2 | 1.3 | 1.6 | -3.8 | 0.6 | 0.5 | 0.9 | 1.2 | 1.3 | 1.6 | 1.6 |
Documents — Edelweiss Financial Services Ltd
Concall Transcript Summaries — Edelweiss Financial Services Ltd