


| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56 | 55 | 47 | 44 | 45 | 50 | 38 | 38 | 50 | 54 | 58 | 41 | |
Growth YoY Revenue Growth YoY% | 14.6 | 4.7 | -23.6 | -20.4 | -18.7 | -9.5 | -19.1 | -14.9 | 10.3 | 7.7 | 52.8 | 9.4 |
| 41 | 43 | 37 | 35 | 34 | 33 | 29 | 27 | 40 | 41 | 47 | 32 | |
| 15 | 12 | 10 | 9 | 12 | 16 | 9 | 10 | 10 | 12 | 11 | 9 | |
OPM OPM% | 27.5 | 21.5 | 21.7 | 20.8 | 25.4 | 33.1 | 24.2 | 26.9 | 20.4 | 22.8 | 18.1 | 21.0 |
| 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 13 | 4 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
PBT PBTCr | 17 | 14 | 12 | 11 | 14 | 19 | 13 | 14 | 13 | 14 | 23 | 12 |
| 5 | 4 | 3 | 3 | 3 | 5 | 4 | 5 | 3 | 4 | 6 | 3 | |
| 13 | 10 | 9 | 8 | 11 | 14 | 9 | 9 | 10 | 10 | 16 | 9 | |
Growth YoY PAT Growth YoY% | 20.4 | -19.3 | -22.3 | -39.9 | -9.6 | 35.0 | 2.8 | 10.2 | -10.5 | -27.2 | 77.1 | 2.2 |
NPM NPM% | 22.6 | 18.9 | 19.1 | 18.7 | 25.2 | 28.2 | 24.2 | 24.2 | 20.4 | 19.0 | 28.1 | 22.6 |
| 3.9 | 3.2 | 2.8 | 2.6 | 3.6 | 4.4 | 2.9 | 2.8 | 3.2 | 3.2 | 5.1 | 2.9 |
| 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 | 87 | 70 | 67 | 101 | 128 | 115 | 144 | 176 | 225 | 191 | 175 | 203 |
Growth Revenue Growth% | 14.0 | -20.4 | -4.3 | 51.4 | 27.2 | -10.2 | 25.1 | 21.9 | 28.1 | -15.0 | -8.4 | 15.6 |
| 69 | 57 | 56 | 83 | 108 | 97 | 100 | 128 | 163 | 149 | 129 | 161 | |
| 19 | 12 | 10 | 17 | 20 | 19 | 44 | 48 | 62 | 43 | 46 | 42 | |
OPM OPM% | 21.3 | 17.7 | 15.3 | 17.3 | 15.7 | 16.2 | 30.5 | 27.2 | 27.5 | 22.4 | 26.2 | 20.5 |
| 3 | 3 | 3 | 4 | 6 | 5 | 4 | 3 | 9 | 12 | 16 | 24 | |
Interest Expense Interest ExpenseCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
PBT PBTCr | 20 | 14 | 12 | 20 | 24 | 22 | 47 | 50 | 69 | 52 | 59 | 62 |
| 6 | 4 | 4 | 7 | 7 | 5 | 12 | 14 | 18 | 13 | 16 | 16 | |
PAT PATCr | 14 | 9 | 8 | 13 | 18 | 17 | 34 | 36 | 51 | 39 | 43 | 46 |
Growth PAT Growth% | 30.5 | -31.9 | -13.4 | 67.8 | 30.8 | -3.4 | 102.2 | 6.2 | 39.4 | -23.1 | 9.1 | 8.2 |
NPM NPM% | 15.5 | 13.3 | 12.0 | 13.3 | 13.7 | 14.7 | 23.8 | 20.7 | 22.5 | 20.4 | 24.3 | 22.7 |
| 4.1 | 2.9 | 2.5 | 4.2 | 5.5 | 5.3 | 10.7 | 11.3 | 15.8 | 12.2 | 13.3 | 14.3 |
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves ReservesCr | 75 | 84 | 91 | 101 | 118 | 135 | 170 | 204 | 252 | 290 | 332 | 358 |
| 8 | 7 | 8 | 10 | 9 | 8 | 16 | 13 | 18 | 15 | 18 | 20 | |
| 5 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | |
| 92 | 97 | 106 | 117 | 132 | 149 | 190 | 222 | 275 | 311 | 357 | 384 | |
| 58 | 34 | 40 | 55 | 72 | 80 | 81 | 121 | 168 | 201 | 156 | 238 | |
| 34 | 63 | 66 | 62 | 60 | 69 | 109 | 100 | 107 | 110 | 201 | 146 | |
| 92 | 97 | 106 | 117 | 132 | 149 | 190 | 222 | 275 | 311 | 357 | 384 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 18 | 21 | 1 | 15 | 13 | 16 | 11 | 60 | 68 | -72 | |
| 13 | -26 | -24 | 5 | -16 | 26 | -54 | 26 | -8 | -30 | -7 | |
| -1 | -4 | -1 | -2 | -1 | -1 | -1 | -3 | -3 | -3 | -3 | |
Net Cash Flow Net Cash FlowCr | 12 | -12 | -4 | 5 | -2 | 38 | -39 | 34 | 49 | 35 | -82 |
Free Cash Flow Free Cash FlowCr | -9 | 8 | 19 | 1 | 14 | 13 | 15 | 11 | 57 | 63 | -79 |
CFO To PAT CFO To PAT% | 2.4 | 198.7 | 257.6 | 8.9 | 84.1 | 77.8 | 46.0 | 31.6 | 118.9 | 174.1 | -169.4 |
CFO To EBITDA CFO To EBITDA% | 1.7 | 148.5 | 202.0 | 6.9 | 73.4 | 70.8 | 35.8 | 24.0 | 97.3 | 158.8 | -156.9 |
| 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 | 75 | 95 | 93 | 167 | 134 | 50 | 210 | 460 | 327 | 518 | 545 |
Price To Earnings Price To Earnings | 5.8 | 10.4 | 11.6 | 12.4 | 7.7 | 2.9 | 6.1 | 1.3 | 6.5 | 13.3 | 0.0 |
Price To Sales Price To Sales | 0.9 | 1.4 | 1.4 | 1.6 | 1.1 | 0.4 | 1.5 | 2.6 | 1.4 | 2.7 | 3.1 |
Price To Book Price To Book | 1.0 | 1.1 | 1.0 | 1.6 | 1.1 | 0.4 | 1.2 | 0.2 | 1.3 | 1.8 | 0.0 |
EV To EBITDA EV To EBITDA | 3.4 | 7.5 | 9.2 | 9.3 | 6.5 | 0.5 | 4.7 | 8.9 | 3.9 | 9.3 | 11.0 |
GPM GPM% | 47.7 | 46.3 | 40.5 | 38.0 | 36.9 | 41.6 | 57.1 | 56.3 | 51.9 | 46.5 | 53.3 |
OPM OPM% | 21.3 | 17.7 | 15.3 | 17.3 | 15.7 | 16.2 | 30.5 | 27.2 | 27.5 | 22.4 | 26.2 |
NPM NPM% | 15.5 | 13.3 | 12.0 | 13.3 | 13.7 | 14.7 | 23.8 | 20.7 | 22.5 | 20.4 | 24.3 |
ROCE ROCE% | 24.6 | 15.7 | 12.2 | 19.5 | 19.9 | 16.1 | 26.9 | 24.1 | 27.1 | 17.8 | 17.5 |
ROE ROE% | 17.3 | 10.6 | 8.4 | 12.8 | 14.4 | 12.3 | 19.8 | 17.6 | 19.9 | 13.3 | 12.7 |
ROA ROA% | 14.8 | 9.5 | 7.6 | 11.5 | 13.3 | 11.4 | 18.0 | 16.4 | 18.4 | 12.5 | 11.9 |