Valuation

P/E--
P/B--
P/S--
EV/EBIT-1.2

Business Strength

ROE-50.1%
ROCE-36.6%
OPM-544.8%
NPM-472.4%

Growth (3Y CAGR)

EPS-219.4%
Sales-65.0%
Profit-6.0%
3Y Return-26.0%

Balance Sheet

Debt/Equity0.2
Debt114 Cr
Pledge0.0%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP83.2%
FCF-114 Cr
FCF 3Y Avg-155 Cr
Cash/MCap3.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle5212 days
Tradeable Free Float72.8%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 0.84 L
60d high
₹ 10.91 L
60d low
₹ 0.84 L
60d mean
₹ 8.07 L
vs mean
▼ 89.60%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
-28.0%
-17.0%
-26.0%
+0.0%
--
Stable
Profit
--
+3.0%
-6.0%
--
-126.0%
Decelerating
Sales
-33.0%
-35.0%
-65.0%
--
-31.0%
Stable
ROE
+1.0%
-13.0%
-20.0%
--
--
Decelerating

Quarterly Results

Jun 2026

15 Aug
Rev
6 Cr
+50% YoY+0% QoQ
OPM-207.0%
NPM-166.7%
PAT
+65% YoY-10 Cr
EPS
+65% YoY-1.1

Mar 2026

30 May
Rev
6 Cr
-50% YoY-33% QoQ
OPM-1594.0%
NPM-1316.7%
PAT
-248% YoY-79 Cr
EPS
-249% YoY-8.2

Dec 2025

14 Feb
Rev
9 Cr
-31% YoY-10% QoQ
OPM-183.0%
NPM-100.0%
PAT
-177% YoY-9 Cr
EPS
-177% YoY-0.9

Sep 2025

PDF
Rev
10 Cr
-38% YoY+150% QoQ
OPM-193.0%
NPM-210.0%
PAT
-76% YoY-21 Cr
EPS
-76% YoY-2.1

Jun 2025

PDF
Rev
4 Cr
-82% YoY-67% QoQ
OPM-653.0%
NPM-725.0%
PAT
-121% YoY-29 Cr
EPS
-121% YoY-3.1

Mar 2025

PDF
Rev
12 Cr
-80% YoY-8% QoQ
OPM-658.0%
NPM-191.7%
PAT
+92% YoY-23 Cr
EPS
+92% YoY-2.4

Dec 2024

PDF
Rev
13 Cr
-59% YoY-19% QoQ
OPM-95.0%
NPM84.6%
PAT
+122% YoY11 Cr
EPS
+122% YoY1.2

Sep 2024

PDF
Rev
16 Cr
-63% YoY-27% QoQ
OPM-56.0%
NPM-75.0%
PAT
-131% YoY-12 Cr
EPS
-131% YoY-1.2

Jun 2024

PDF
Rev
22 Cr
+214% YoY-63% QoQ
OPM-105.0%
NPM627.3%
PAT
+225% YoY138 Cr
EPS
+225% YoY14.4

Mar 2024

PDF
Rev
59 Cr
-86% YoY+84% QoQ
OPM-438.0%
NPM-484.8%
PAT
-5561% YoY-286 Cr
EPS
-5602% YoY-30.2

Dec 2023

PDF
Rev
32 Cr
+126% YoY-26% QoQ
OPM-220.0%
NPM-165.6%
PAT
-3% YoY-53 Cr
EPS
-3% YoY-5.5

Sep 2023

PDF
Rev
43 Cr
--+514% QoQ
OPM55.0%
NPM81.4%
PAT
+211% YoY35 Cr
EPS
--4.0

Jun 2023

PDF
Rev
7 Cr
---98% QoQ
OPM-1807.0%
NPM-1600.0%
PAT
-325% YoY-112 Cr
EPS
---11.6

Mar 2023

PDF
Rev
407 Cr
--+2774% QoQ
OPM4.0%
NPM-1.5%
PAT
-141% YoY-6 Cr
EPS
---0.5

Dec 2022

Rev
14 Cr
----
OPM-350.6%
NPM-364.3%
PAT
-251% YoY-52 Cr
EPS
---5.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.15
Interest Coverage-171.0x
Promoter Pledge0.0%
Borrowings114 Cr

Efficiency

Receivable Days5212 days
Inventory Days days
Payable Days days
Cash Conversion cycle5212 days

Cash Position

Operating Cash Flow-114 Cr
Investing Cash Flow1 Cr
Financing Cash Flow-2 Cr
Free Cash Flow-114 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sales66910412131622593243740714
Expenses1999272932912626453161011912439064
Operating Profit-13-94-17-19-28-79-12-9-23-258-6924-11817-50
OPM %-207.0%-1594.0%-183.0%-193.0%-653.0%-658.0%-95.0%-56.0%-105.0%-438.0%-220.0%55.0%-1807.0%4.0%-350.6%
Other Income517131050260178-15281918-319
Interest222222234487111919
Depreciation000000000111122
Profit Before Tax-10-79-6-21-29-3111-12150-278-5035-112-6-51
Tax %0.0%0.0%45.0%0.0%0.0%-27.0%0.0%0.0%8.0%3.0%5.0%0.0%0.0%1.0%0.7%
Net Profit-10-79-9-21-29-2311-12138-286-5335-112-6-52
Exceptional Items------------------------------
EPS (Rs)-1.1-8.2-0.9-2.1-3.1-2.41.2-1.214.4-30.2-5.54.0-11.6-0.5-5.3
Sales Growth (YoY)50.0%-50.0%-30.8%-37.5%-81.8%-79.7%-59.4%-62.8%214.3%-85.5%126.0%--------
Sales Growth (QoQ)0.0%-33.3%-10.0%150.0%-66.7%-7.7%-18.8%-27.3%-62.7%84.4%-25.6%514.3%-98.3%2774.3%--
OP Growth (YoY)53.6%-19.0%-41.7%-111.1%-21.7%69.4%82.6%-137.5%80.5%-1617.6%-39.0%--------
OP Growth (QoQ)86.2%-452.9%10.5%32.1%64.6%-558.3%-33.3%60.9%91.1%-273.9%-387.5%120.3%-794.1%134.2%--
Profit Growth (YoY)65.0%-248.0%-177.0%-76.0%-121.0%92.0%122.0%-131.0%225.0%-5561.0%-3.0%211.0%-325.0%-141.0%-251.0%
EPS Growth (YoY)64.5%-248.5%-177.3%-76.2%-121.3%92.2%121.8%-130.7%224.5%-5601.9%-3.2%--------
EPS Growth (QoQ)86.7%-790.2%57.2%30.0%-30.6%-297.5%197.5%-108.5%147.6%-452.5%-237.4%134.5%-2079.3%90.0%--
OP Margin-216.7%-1566.7%-188.9%-190.0%-700.0%-658.3%-92.3%-56.3%-104.5%-437.3%-215.6%55.8%-1685.7%4.2%-350.6%
Net Margin-166.7%-1316.7%-100.0%-210.0%-725.0%-191.7%84.6%-75.0%627.3%-484.8%-165.6%81.4%-1600.0%-1.5%-364.3%
Material Cost %0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%75.8%-114.1%-64.6%425.6%-0.0%0.0%
Employee Cost %41.8%46.5%27.9%33.4%69.4%25.1%26.4%23.4%20.1%1.9%24.9%31.8%134.4%1.1%52.5%
P/S------------------------------
P/E------------------------------
P/B------------------------------

Shareholding Pattern

Shareholders:66.0K (+11.6%)
Current MixJun 2026

Annual Reports

13

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
smeraRating update
18 Feb 2025Report
smeraRating update
03 Dec 2024Report
smeraRating update
05 Sept 2023Report
smeraRating update
11 Jun 2022Report
careRating update
07 Oct 2020Report
careRating update
25 Sept 2020Report

Concalls

3

Feb 2017

28 Feb 2017

Sep 2016

30 Sept 2016

May 2016

31 May 2016