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Vindhya Telelinks Ltd

VINDHYATEL

NSE

₹2,872.80+0.44%19 Oct 2026

Reports

Cables Telecom

Vindhya Telelinks Ltd

VINDHYATEL

NSE

₹2,872.80

+0.44%

19 Oct 2026

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Cables Telecom

Indices

Business Overview: What the company does, in plain English.Growth Catalysts: The forward growth drivers and triggers.Forensic Report: Accounting quality and red flags.Deep Dive Report: In-depth business analysis.

Vindhya Telelinks began in 1983 as a cable manufacturer, but today it is fundamentally an infrastructure builder that happens to make its own cables - a member of the MP Birla Group that has quietly strung over 50,000 kilometres of optical fibre across India and wired some of the country’s largest railway, solar, and water projects. The recurring approach is a “Versatile Business Model” that shifts deliberately toward higher-value specialty products and larger turnkey government contracts, using each cycle of demand to move up the complexity ladder.

Business segments

Three engines, one logic - a cable factory that feeds an EPC machine, which in turn builds and owns a national fibre network that generates recurring access fees, with a specialty-cable push now layering higher margins on top.

1. Engineering, Procurement & Construction: the project engine that builds India’s digital and utility backbone

A pan-India turnkey contractor that designs, builds and commissions large infrastructure for government utilities - telecom networks, power distribution, water supply and solar plants - and increasingly earns from the fibre it already owns.

Builds what the government funds - the division wins competitively tendered contracts from central and state bodies, public-sector undertakings and discoms, executing projects across 20 states and four Union Territories. Its work spans rural water-supply schemes under the Jal Jeevan Mission, power-distribution upgrades under the Revamped Distribution Sector Scheme, and solar-plant construction tied to India’s 500 GW renewable target.
Water projects at village scale - in a joint venture, it won a Rs. 3,787‑crore order to survey, design, build and commission rural water-supply systems for 3,787 villages across four Uttar Pradesh districts, plus a ten‑year operations-and-maintenance tail worth another Rs. 952 crore. That is the kind of long‑duration, government‑backed contract that fills the order book for years.
Order book that stretches years ahead - as of September 2025 the combined EPC and cable order book stood at roughly Rs. 6,150 crore, with the EPC portion overwhelmingly dominant. The pipeline is fed by multi‑year programmes such as BharatNet Phase III (rural broadband, estimated outlay Rs. 1.39 trillion) and the ongoing power‑distribution modernisation drive.

2. Cable manufacturing: the specialty-wire factory that supplies the EPC engine and sells to the world

A single‑site manufacturer in Rewa, Madhya Pradesh, that has pivoted from plain telecom cables to electron‑beam‑irradiated specialty cables for railways, solar farms, data centres and electric vehicles - and licenses Swiss technology to do it.

Electron‑beam cross‑linking is the differentiator - the company runs an E‑Beam irradiation facility that bombards cable jackets with electrons, creating a tougher, heat‑resistant polymer skin that meets international standards for solar, railway, battery and ship‑wiring applications. A second E‑Beam line was installed in FY24, and a further Rs. 55‑crore expansion for E‑Beam solar cable, submersible‑pump cable and coaxial cable was approved in early 2025.
Swiss technology under licence - a Radox® Technology Cooperation Agreement with HUBER+SUHNER of Switzerland gives VTL exclusive rights to make and sell RADOX® rolling‑stock cables for Indian Railways, metro and high‑speed rail projects, paying a 2.5 percent royalty on net selling price and buying the special polymer compound exclusively from the Swiss partner. The pact was renewed in May 2025 for another three years.
Optical fibre for the data‑centre super‑cycle - the board has committed Rs. 101.70 crore to expand specialty optical‑fibre‑cable capacity, targeting hyperscale and cloud data‑centre interconnects, fibre sensors and factory‑automation networks. A long‑term supply agreement with Birla Furukawa Fibre Optics insulates the plant from bare‑fibre shortages.
Sells to 17 countries, feeds its own projects at home - export revenue was Rs. 62.6 crore in FY24, with European solar‑cable volumes moving through NKT S.A. in Poland and an in‑principle export understanding with a global player for E‑Beam products. Domestically, the cable division supplies government departments, railways, telecom operators and renewable‑energy developers - including VTL’s own EPC projects.

3. The owned fibre network: a passive-infrastructure toll road

A neutral, carrier‑agnostic optical‑fibre backbone spanning over 50,000 kilometres that collects recurring access charges from telecom operators - infrastructure economics, not a services business.

Licensed landlord of the ducts - the IP‑1 licence from the Department of Telecommunications lets BVPL build and own passive infrastructure (dark fibre, duct space) and lease it to any operator on an indefeasible‑right‑of‑use basis, with operations and maintenance included. Revenue comes from network usage, not from selling voice or data plans.
Coverage that keeps growing - the network already reaches 23 states, and the company has been gradually extending it into new geographical areas within India. The wholly‑owned subsidiary Birla Visabeira, acquired in full in March 2025, adds another IP‑1 licence and its own dark‑fibre rollout, creating a consolidated footprint that can be scaled together.
Best‑in‑class uptime as the selling point - the infrastructure is recognised for network quality and delivery standards that meet the highest uptime requirements in the telecom space, which is what persuades multiple carriers to ride the same fibre rather than dig their own.

Group structure and partners

Vindhya Telelinks sits inside the MP Birla Group, holds valuable listed‑group shareholdings, and is absorbing its cable‑making cousin Birla Cable Limited through a share‑swap amalgamation - while three wholly‑owned NBFC subsidiaries remain entangled in legacy legal proceedings.

Amalgamation with Birla Cable Limited - on 21 March 2026 the board approved a scheme to merge Birla Cable (a listed promoter‑group company in which VTL already holds 19.33 percent) into Vindhya Telelinks, issuing 10 VTL shares for every 115 Birla Cable shares, with an appointed date of 1 April 2026. The logic is to consolidate manufacturing from LAN cables to high‑end specialty cables under one roof and strengthen pre‑qualification credentials for larger infrastructure tenders.
Cross‑guarantee safety net - VTL and Birla Cable have long provided cross‑corporate guarantees to each other’s lenders; as of July 2023 VTL gave a Rs. 296‑crore guarantee to secure Birla Cable’s enhanced working‑capital facilities from an SBI‑led consortium. The amalgamation will eventually collapse those inter‑company exposures.
Three subsidiaries in legal limbo - August Agents, Insilco Agents and Laneseda Agents are wholly‑owned NBFCs whose books and records have been in unauthorised possession of ex‑directors since April 2021, so their financials have not been consolidated since; legal proceedings are ongoing.
Listed‑group shareholdings as a balance‑sheet buffer - the company holds shares of listed MP Birla Group entities with a combined market value exceeding Rs. 937 crore as of March 2023, and the group has infused Rs. 286 crore in inter‑corporate deposits and unsecured loans as of March 2025.

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Profit & Loss

Balance Sheet

Cash Flow

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Quarterly Results

Profit & Loss

Balance Sheet

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Ratios

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Mkt Cap

Market Capitalization

₹3,408Cr

Close Price

₹2,876.00

Industry

Cables Telecom

Price To Earnings

14.45

Price To Sales

1.00

Revenue

₹3,405Cr

Rev Gr TTM

Revenue Growth TTM

-17.54%

PAT Gr TTM

PAT Growth TTM

0.31%

Consolidated

Standalone

Numbers

Percentage

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
Revenue RevenueCr	862	1,084	1,290	833	953	1,037	1,231	908	960	717	1,009	719
Growth YoY Revenue Growth YoY%	50.5	69.8	-6.2	-2.0	10.5	-4.3	-4.6	8.9	0.8	-30.9	-18.0	-20.8
Expenses ExpensesCr	802	1,008	1,202	784	896	972	1,143	847	887	699	939	634
Operating Profit Operating ProfitCr	60	75	88	49	56	65	88	60	72	18	71	85
OPM OPM%	7.0	7.0	6.8	5.9	5.9	6.3	7.2	6.7	7.5	2.5	7.0	11.8
Other Income Other IncomeCr	28	46	87	15	4	19	98	59	47	26	118	66
Interest Expense Interest ExpenseCr	22	23	24	18	24	26	33	32	38	40	45	42
Depreciation DepreciationCr	6	7	6	6	6	6	6	5	5	5	6	7
PBT PBTCr	61	92	145	40	30	52	148	83	77	-1	137	101
Tax TaxCr	14	23	37	10	6	13	38	21	17	0	35	26
PAT PATCr	47	69	108	29	24	39	110	62	59	-1	102	76
Growth YoY PAT Growth YoY%	166.5	143.1	7.0	-50.0	-47.9	-43.1	1.5	109.5	142.7	-102.7	-7.2	22.7
NPM NPM%	5.4	6.3	8.4	3.5	2.6	3.8	8.9	6.8	6.2	-0.1	10.1	10.5
EPS EPS₹	39.5	58.0	91.4	24.9	20.6	33.0	92.8	52.1	49.9	-0.9	86.1	63.9

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
Revenue RevenueCr	862	1,084	1,290	833	953	1,037	1,231	908	960	717	1,009	719
Growth YoY Revenue Growth YoY%	50.5	69.8	-6.2	-2.0	10.5	-4.3	-4.6	8.9	0.8	-30.9	-18.0	-20.8
Expenses ExpensesCr	802	1,008	1,202	784	896	972	1,143	847	887	699	939	634
Operating Profit Operating ProfitCr	60	75	88	49	56	65	88	60	72	18	71	85
OPM OPM%	7.0	7.0	6.8	5.9	5.9	6.3	7.2	6.7	7.5	2.5	7.0	11.8
Other Income Other IncomeCr	28	46	87	15	4	19	98	59	47	26	118	66
Interest Expense Interest ExpenseCr	22	23	24	18	24	26	33	32	38	40	45	42
Depreciation DepreciationCr	6	7	6	6	6	6	6	5	5	5	6	7
PBT PBTCr	61	92	145	40	30	52	148	83	77	-1	137	101
Tax TaxCr	14	23	37	10	6	13	38	21	17	0	35	26
PAT PATCr	47	69	108	29	24	39	110	62	59	-1	102	76
Growth YoY PAT Growth YoY%	166.5	143.1	7.0	-50.0	-47.9	-43.1	1.5	109.5	142.7	-102.7	-7.2	22.7
NPM NPM%	5.4	6.3	8.4	3.5	2.6	3.8	8.9	6.8	6.2	-0.1	10.1	10.5
EPS EPS₹	39.5	58.0	91.4	24.9	20.6	33.0	92.8	52.1	49.9	-0.9	86.1	63.9

Consolidated

Standalone

Numbers

Percentage

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	1,016	998	1,343	2,095	1,883	1,502	1,324	2,900	4,088	4,054	3,593	3,405
Growth Revenue Growth%	48.4	-1.8	34.6	56.1	-10.1	-20.2	-11.9	119.0	41.0	-0.8	-11.4	-17.5
Expenses ExpensesCr	844	869	1,165	1,756	1,623	1,293	1,164	2,620	3,792	3,796	3,372	3,159
Operating Profit Operating ProfitCr	172	128	177	339	260	209	160	281	297	259	221	245
OPM OPM%	16.9	12.9	13.2	16.2	13.8	13.9	12.1	9.7	7.3	6.4	6.2	7.2
Other Income Other IncomeCr	26	125	81	124	222	243	177	57	192	136	243	257
Interest Expense Interest ExpenseCr	54	41	47	76	97	78	57	73	88	102	152	165
Depreciation DepreciationCr	14	13	13	20	21	23	22	18	24	23	21	23
PBT PBTCr	130	200	198	367	364	350	258	247	377	270	292	314
Tax TaxCr	41	30	45	92	127	80	65	61	94	67	72	78
PAT PATCr	89	170	153	276	237	270	193	185	283	203	220	236
Growth PAT Growth%	19.8	90.4	-9.8	79.7	-13.9	13.8	-28.4	-4.1	52.5	-28.2	8.6	0.3
NPM NPM%	8.8	17.0	11.4	13.2	12.6	18.0	14.6	6.4	6.9	5.0	6.1	6.9
EPS EPS₹	80.1	143.4	129.4	232.6	200.3	227.9	163.1	156.4	238.5	171.2	191.7	199.0

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	1,016	998	1,343	2,095	1,883	1,502	1,324	2,900	4,088	4,054	3,593	3,405
Growth Revenue Growth%	48.4	-1.8	34.6	56.1	-10.1	-20.2	-11.9	119.0	41.0	-0.8	-11.4	-17.5
Expenses ExpensesCr	844	869	1,165	1,756	1,623	1,293	1,164	2,620	3,792	3,796	3,372	3,159
Operating Profit Operating ProfitCr	172	128	177	339	260	209	160	281	297	259	221	245
OPM OPM%	16.9	12.9	13.2	16.2	13.8	13.9	12.1	9.7	7.3	6.4	6.2	7.2
Other Income Other IncomeCr	26	125	81	124	222	243	177	57	192	136	243	257
Interest Expense Interest ExpenseCr	54	41	47	76	97	78	57	73	88	102	152	165
Depreciation DepreciationCr	14	13	13	20	21	23	22	18	24	23	21	23
PBT PBTCr	130	200	198	367	364	350	258	247	377	270	292	314
Tax TaxCr	41	30	45	92	127	80	65	61	94	67	72	78
PAT PATCr	89	170	153	276	237	270	193	185	283	203	220	236
Growth PAT Growth%	19.8	90.4	-9.8	79.7	-13.9	13.8	-28.4	-4.1	52.5	-28.2	8.6	0.3
NPM NPM%	8.8	17.0	11.4	13.2	12.6	18.0	14.6	6.4	6.9	5.0	6.1	6.9
EPS EPS₹	80.1	143.4	129.4	232.6	200.3	227.9	163.1	156.4	238.5	171.2	191.7	199.0

Consolidated

Standalone

Numbers

Percentage

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	12	12	12	12	12	12	12	12	12	12	12
Reserves ReservesCr	479	1,673	2,084	2,381	2,400	2,869	3,225	3,400	3,961	4,074	4,193
Current Liabilities Current LiabilitiesCr	481	603	944	1,489	1,435	1,267	911	1,575	1,672	2,542	2,921
Non Current Liabilities Non Current LiabilitiesCr	113	132	147	392	880	873	887	1,082	1,141	1,095	1,236
Total Liabilities Total LiabilitiesCr	1,085	2,420	3,187	4,274	4,726	5,021	5,034	6,068	6,787	7,723	8,363
Current Assets Current AssetsCr	712	907	1,347	2,218	2,240	2,082	1,757	2,701	2,816	3,775	4,174
Non Current Assets Non Current AssetsCr	373	1,513	1,840	2,055	2,486	2,939	3,277	3,367	3,971	3,948	4,188
Total Assets Total AssetsCr	1,085	2,420	3,187	4,274	4,726	5,021	5,034	6,068	6,787	7,723	8,363

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	12	12	12	12	12	12	12	12	12	12	12
Reserves ReservesCr	479	1,673	2,084	2,381	2,400	2,869	3,225	3,400	3,961	4,074	4,193
Current Liabilities Current LiabilitiesCr	481	603	944	1,489	1,435	1,267	911	1,575	1,672	2,542	2,921
Non Current Liabilities Non Current LiabilitiesCr	113	132	147	392	880	873	887	1,082	1,141	1,095	1,236
Total Liabilities Total LiabilitiesCr	1,085	2,420	3,187	4,274	4,726	5,021	5,034	6,068	6,787	7,723	8,363
Current Assets Current AssetsCr	712	907	1,347	2,218	2,240	2,082	1,757	2,701	2,816	3,775	4,174
Non Current Assets Non Current AssetsCr	373	1,513	1,840	2,055	2,486	2,939	3,277	3,367	3,971	3,948	4,188
Total Assets Total AssetsCr	1,085	2,420	3,187	4,274	4,726	5,021	5,034	6,068	6,787	7,723	8,363

Consolidated

Standalone

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	71	83	-122	-292	30	247	183	34	441	-590	-160
Investing Cash Flow Investing Cash FlowCr	-36	-11	-25	5	20	3	38	-30	-41	-5	-21
Financing Cash Flow Financing Cash FlowCr	-32	-73	147	287	-48	-249	-223	28	-284	528	109
Net Cash Flow Net Cash FlowCr	3	-1	0	-1	2	0	-1	32	117	-67	-73
Free Cash Flow Free Cash FlowCr	44	70	-159	-347	-1	220	170	0	392	-607	-208
CFO To PAT CFO To PAT%	79.4	48.7	-79.4	-106.1	12.8	91.5	94.9	18.5	155.9	-291.0	-72.8
CFO To EBITDA CFO To EBITDA%	41.2	64.5	-68.8	-86.2	11.7	118.2	114.5	12.2	148.6	-228.2	-72.5

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	71	83	-122	-292	30	247	183	34	441	-590	-160
Investing Cash Flow Investing Cash FlowCr	-36	-11	-25	5	20	3	38	-30	-41	-5	-21
Financing Cash Flow Financing Cash FlowCr	-32	-73	147	287	-48	-249	-223	28	-284	528	109
Net Cash Flow Net Cash FlowCr	3	-1	0	-1	2	0	-1	32	117	-67	-73
Free Cash Flow Free Cash FlowCr	44	70	-159	-347	-1	220	170	0	392	-607	-208
CFO To PAT CFO To PAT%	79.4	48.7	-79.4	-106.1	12.8	91.5	94.9	18.5	155.9	-291.0	-72.8
CFO To EBITDA CFO To EBITDA%	41.2	64.5	-68.8	-86.2	11.7	118.2	114.5	12.2	148.6	-228.2	-72.5

Consolidated

Standalone

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
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	739	778	1,245	1,668	509	974	1,215	2,072	2,636	1,514	1,157	3,408
Price To Earnings Price To Earnings	7.9	4.6	8.1	6.0	2.1	3.6	6.3	11.2	9.3	7.5	5.3	14.4
Price To Sales Price To Sales	0.7	0.8	0.9	0.8	0.3	0.7	0.9	0.7	0.6	0.4	0.3	1.0
Price To Book Price To Book	1.5	0.5	0.7	0.8	0.2	0.4	0.4	0.7	0.7	0.4	0.3	0.9
EV To EBITDA EV To EBITDA	5.9	7.8	9.4	7.2	5.1	8.1	11.1	9.6	10.0	9.9	11.5	19.5
Profitability Ratios Profitability Ratios
GPM GPM%	27.2	23.2	22.3	24.1	22.8	24.0	23.5	16.3	13.9	14.2	15.3	15.3
OPM OPM%	16.9	12.9	13.2	16.2	13.8	13.9	12.1	9.7	7.3	6.4	6.2	7.2
NPM NPM%	8.8	17.0	11.4	13.2	12.6	18.0	14.6	6.4	6.9	5.0	6.1	6.9
ROCE ROCE%	23.2	12.4	9.6	13.9	14.2	11.9	8.3	7.8	10.4	7.1	7.9	7.9
ROE ROE%	18.2	10.1	7.3	11.5	9.8	9.4	6.0	5.4	7.1	5.0	5.2	5.2
ROA ROA%	8.2	7.0	4.8	6.5	5.0	5.4	3.8	3.0	4.2	2.6	2.6	2.6
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

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
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	739	778	1,245	1,668	509	974	1,215	2,072	2,636	1,514	1,157	3,408
Price To Earnings Price To Earnings	7.9	4.6	8.1	6.0	2.1	3.6	6.3	11.2	9.3	7.5	5.3	14.4
Price To Sales Price To Sales	0.7	0.8	0.9	0.8	0.3	0.7	0.9	0.7	0.6	0.4	0.3	1.0
Price To Book Price To Book	1.5	0.5	0.7	0.8	0.2	0.4	0.4	0.7	0.7	0.4	0.3	0.9
EV To EBITDA EV To EBITDA	5.9	7.8	9.4	7.2	5.1	8.1	11.1	9.6	10.0	9.9	11.5	19.5
Profitability Ratios Profitability Ratios
GPM GPM%	27.2	23.2	22.3	24.1	22.8	24.0	23.5	16.3	13.9	14.2	15.3	15.3
OPM OPM%	16.9	12.9	13.2	16.2	13.8	13.9	12.1	9.7	7.3	6.4	6.2	7.2
NPM NPM%	8.8	17.0	11.4	13.2	12.6	18.0	14.6	6.4	6.9	5.0	6.1	6.9
ROCE ROCE%	23.2	12.4	9.6	13.9	14.2	11.9	8.3	7.8	10.4	7.1	7.9	7.9
ROE ROE%	18.2	10.1	7.3	11.5	9.8	9.4	6.0	5.4	7.1	5.0	5.2	5.2
ROA ROA%	8.2	7.0	4.8	6.5	5.0	5.4	3.8	3.0	4.2	2.6	2.6	2.6
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

	STLTECH	FINCABLES	VINDHYATEL	PARACABLES	BIRLACABLE
Market CapitalizationMkt CapCr	45,700	19,608	3,408	2,142	987
Close PriceClose₹	889.00	1,282.10	2,876.00	65.45	328.85
IndustryIndustry	Cables Telecom	Cables Telecom	Cables Telecom	Cables Telecom	Cables Telecom
Price To EarningsPE	178.87	24.51	14.45	32.89	21.34
Price To SalesPS	8.10	2.83	1.00	1.08	1.15
RevenueRevenueCr	5,642	6,939	3,405	1,992	861
Revenue Growth TTMRev Gr TTM%	36.2%	26.5%	-17.5%	16.8%	28.1%
PAT Growth TTMPAT Gr TTM%	457.4%	29.2%	0.3%	-24.0%	657.9%

	STLTECH	FINCABLES	VINDHYATEL	PARACABLES	BIRLACABLE
Market CapitalizationMkt CapCr	45,700	19,608	3,408	2,142	987
Close PriceClose₹	889.00	1,282.10	2,876.00	65.45	328.85
IndustryIndustry	Cables Telecom	Cables Telecom	Cables Telecom	Cables Telecom	Cables Telecom
Price To EarningsPE	178.87	24.51	14.45	32.89	21.34
Price To SalesPS	8.10	2.83	1.00	1.08	1.15
RevenueRevenueCr	5,642	6,939	3,405	1,992	861
Revenue Growth TTMRev Gr TTM%	36.2%	26.5%	-17.5%	16.8%	28.1%
PAT Growth TTMPAT Gr TTM%	457.4%	29.2%	0.3%	-24.0%	657.9%

FY2026

FY2024

FY2023

FY2022

FY2021

FY2026

Jun 26