What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.12%Below 5Y avg (0.22%)
Annual Rate
INR 0.20Paid annual
Payout Ratio
47.2%Sustainable
Last Ex-Dividend
Jun 12, 2026
The reported statements, read against the company's own industry.
What stands out
Earnings significantly exceed cash generation
Financials view
Market Capitalization
45.18BINR
474.57M · vs all stocks (USD)
Updated Jul 19, 2026
Trailing P/E
395.47x
vs Communication Equipment peers
Updated Jul 19, 2026
Revenue (TTM)
2.41BINR
25.35M · vs all stocks (USD)
Updated Jul 19, 2026
Profit Margin
7.11%
vs Communication Equipment peers
Updated Jul 19, 2026
Beta
-0.1490x
vs all stocks
Updated Jul 19, 2026
52-Week Change
17.36%
vs all stocks
Updated Jul 19, 2026
Market Capitalization
45.18BINR
474.57M · vs all stocks (USD)
Updated Jul 19, 2026
Enterprise Value
45.46BINR
477.41M · vs all stocks (USD)
Updated Jul 19, 2026
Trailing P/E
395.47x
vs Communication Equipment peers
Updated Jul 19, 2026
PEG Ratio
-17.14x
vs Communication Equipment peers
Updated Jul 19, 2026
Price to Sales (TTM)
18.72x
vs Communication Equipment peers
Updated Jul 19, 2026
Price to Book (MRQ)
13.36x
vs Communication Equipment peers
Updated Jul 19, 2026
Enterprise to Revenue
18.83x
vs Communication Equipment peers
Updated Jul 19, 2026
Enterprise to EBITDA
84.23x
vs Communication Equipment peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 81.62×.Updated Jul 19, 2026
Gross Margin
66.68%
vs Communication Equipment peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 58.69%.Updated Jul 19, 2026
Profit Margin
7.11%
vs Communication Equipment peers
Updated Jul 19, 2026
Operating Margin
14.67%
vs Communication Equipment peers
Updated Jul 19, 2026
Return on Assets (TTM)
3.66%
vs Communication Equipment peers
Updated Jul 19, 2026
Return on Equity (TTM)
4.43%
vs Communication Equipment peers
Updated Jul 19, 2026
Revenue (TTM)
2.41BINR
25.35M · vs all stocks (USD)
Updated Jul 19, 2026
Revenue per Share (TTM)
7.62INRUpdated Jul 19, 2026
Quarterly Revenue Growth
35.70%
vs Communication Equipment peers
Updated Jul 19, 2026
Gross Profit (TTM)
1.42BINR
14.88M · vs all stocks (USD)
Updated Jul 19, 2026
EBITDA (TTM)
556.94MINR
5.85M · vs all stocks (USD)
Updated Jul 19, 2026
Net Income (TTM)
171.61MINR
1.80M · vs all stocks (USD)
Updated Jul 19, 2026
Quarterly Earnings Growth (YoY)
67.20%
vs Communication Equipment peers
Updated Jul 19, 2026
Operating Cash Flow (TTM)
22.25MINR
233.66K · vs all stocks (USD)
Updated Jul 19, 2026
Levered Free Cash Flow (TTM)
149.94MINR
1.57M · vs all stocks (USD)
Updated Jul 19, 2026
Trailing Annual Dividend Rate
0.2000INRUpdated Jul 19, 2026
Trailing Annual Dividend Yield
0.12%
vs all stocks
Updated Jul 19, 2026
5-Year Average Dividend Yield
0.22%
vs all stocks
Updated Jul 19, 2026
Payout Ratio
47.16%
vs Communication Equipment peers
Updated Jul 19, 2026
Revenue
2.22BINRFY2026 · Mar 31, 2026
Cost of Goods Sold
928.48MINRFY2026 · Mar 31, 2026
Gross Profit
1.30BINRFY2026 · Mar 31, 2026
Operating Income
281.90MINR
2.96M · vs all stocks (USD)
FY2026 · Mar 31, 2026
Pre-tax Income
246.38MINRFY2026 · Mar 31, 2026
Income Tax Expense
96.44MINRFY2026 · Mar 31, 2026
Net Income
149.94MINRFY2026 · Mar 31, 2026
EBIT
286.89MINRFY2026 · Mar 31, 2026
EBITDA (Income Statement)
491.50MINRFY2026 · Mar 31, 2026
Research & Development
106.39MINRFY2026 · Mar 31, 2026
Selling, General & Administrative
127.65MINRFY2026 · Mar 31, 2026
Other Operating Expenses
50.19MINRFY2026 · Mar 31, 2026
Non-operating Interest Income
12.20MINRFY2026 · Mar 31, 2026
Non-operating Interest Expense
40.51MINRFY2026 · Mar 31, 2026
EPS (Basic)
0.5500INRFY2026 · Mar 31, 2026
EPS (Diluted)
0.5400INRFY2026 · Mar 31, 2026
Basic Shares Outstanding
274.46MSharesFY2026 · Mar 31, 2026
Diluted Shares Outstanding
274.46MSharesFY2026 · Mar 31, 2026
Preferred Stock Dividends
0.00INRFY2026 · Mar 31, 2026
Operating Cash Flow
22.25MINRFY2026 · Mar 31, 2026
Free Cash Flow
-903.99MINRFY2026 · Mar 31, 2026
Cash & Cash Equivalents (End of Period)
57.86MINRFY2026 · Mar 31, 2026
Starting Profit (CF Statement)
246.38MINRFY2026 · Mar 31, 2026
Stock-based Compensation
67.94MINRFY2026 · Mar 31, 2026
Other Non-cash Items
55.64MINRFY2026 · Mar 31, 2026
Change in Accounts Receivable (CF)
-4.70MINRFY2026 · Mar 31, 2026
Change in Other Assets/Liabilities
-343.00MINRFY2026 · Mar 31, 2026
Capital Expenditures
-926.24MINRFY2026 · Mar 31, 2026
Purchase of Investments
-11.95MINRFY2026 · Mar 31, 2026
Net Investing Cash Flow
-938.19MINRFY2026 · Mar 31, 2026
Net Short-term Debt Issuance
129.42MINRFY2026 · Mar 31, 2026
Common Dividends Paid
-52.99MINRFY2026 · Mar 31, 2026
Other Financing Charges
-1.00KINRFY2026 · Mar 31, 2026
Net Financing Cash Flow
920.97MINRFY2026 · Mar 31, 2026
Shares Outstanding
265.71MSharesUpdated Jul 19, 2026
Float Shares
148.55MSharesUpdated Jul 19, 2026
% Held by Insiders
45.44%
vs all stocks
Updated Jul 19, 2026
% Held by Institutions
0.50%
vs all stocks
Updated Jul 19, 2026
Total Cash (MRQ)
72.86MINR
765.27K · vs all stocks (USD)
Updated Jul 19, 2026
Total Cash per Share (MRQ)
0.2740INRUpdated Jul 19, 2026
Total Debt (MRQ)
343.80MINR
3.61M · vs all stocks (USD)
Updated Jul 19, 2026
Total Debt to Equity (MRQ)
0.1016x
vs Communication Equipment peers
Updated Jul 19, 2026
Current Ratio (MRQ)
3.72x
vs Communication Equipment peers
Updated Jul 19, 2026
Book Value per Share (MRQ)
12.73INRUpdated Jul 19, 2026
Total Assets
4.10BINR
43.05M · vs all stocks (USD)
FY2026 · Mar 31, 2026
Total Current Assets
2.18BINRFY2026 · Mar 31, 2026
Total Liabilities
716.10MINRFY2026 · Mar 31, 2026
Total Non-current Assets
1.92BINRFY2026 · Mar 31, 2026
Total Non-current Liabilities
129.93MINRFY2026 · Mar 31, 2026
Total Current Liabilities
586.17MINRFY2026 · Mar 31, 2026
Cash
57.86MINRFY2026 · Mar 31, 2026
Cash & Cash Equivalents
57.86MINRFY2026 · Mar 31, 2026
Other Short-term Investments
15.00MINRFY2026 · Mar 31, 2026
Accounts Receivable
717.09MINRFY2026 · Mar 31, 2026
Inventory
933.24MINRFY2026 · Mar 31, 2026
Accounts Payable
19.73MINRFY2026 · Mar 31, 2026
Short-term Debt
220.51MINRFY2026 · Mar 31, 2026
Other Current Liabilities
71.48MINRFY2026 · Mar 31, 2026
Long-term Debt
123.28MINRFY2026 · Mar 31, 2026
Other Non-current Liabilities
-2.00KINRFY2026 · Mar 31, 2026
Common Stock (Book)
531.43MINRFY2026 · Mar 31, 2026
Retained Earnings
1.70BINRFY2026 · Mar 31, 2026
Total Shareholders' Equity
3.38BINR
35.52M · vs all stocks (USD)
FY2026 · Mar 31, 2026
52-Week Low
117.70INRUpdated Jul 19, 2026
52-Week High
215.00INRUpdated Jul 19, 2026
52-Week Change
17.36%
vs all stocks
Updated Jul 19, 2026
Beta
-0.1490x
vs all stocks
Updated Jul 19, 2026
50-Day MA
170.85INRUpdated Jul 19, 2026
200-Day MA
158.65INRUpdated Jul 19, 2026
Avg 10-Day Volume
479.67KSharesUpdated Jul 19, 2026
Avg 30-Day Volume
267.24KSharesUpdated Jul 19, 2026
Diluted EPS (TTM)
0.4300INRUpdated Jul 19, 2026
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
High Retained Earnings With Profitability And Equity
Profits kept in the business fund much of what it owns, after five straight profitable years.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 66.7%, higher than 95% of its Communication Equipment peers (median 29.5%)Significant