Date: June 29, 2026
Financial Results (Standalone)
Revenue Performance
- Q4 FY26: ₹19,975 crore, showing 48% YoY growth
- Full Year FY26: ₹65,060 crore, showing 30% YoY growth
- Quarterly growth trajectory: Q1 FY26 (₹13,003 crore, 23% YoY), Q2 FY26 (₹15,482 crore, 22% YoY), Q3 FY26 (₹16,600 crore, 24% YoY)
Gross Margin (GM)
- Q4 FY26: ₹853 crore, showing 29% YoY growth
- Full Year FY26: ₹2,907 crore, showing 19% YoY growth
- GM as percentage of revenue maintained consistent performance
EBITDA Performance
- Q4 FY26: ₹465 crore, showing 25% YoY growth
- Full Year FY26: ₹1,526 crore, showing 16% YoY growth
- Quarterly progression: Q1 FY26 (₹375 crore), Q2 FY26 (₹340 crore), Q3 FY26 (₹346 crore)
PAT Performance
- Q4 FY26: ₹306 crore, showing 42% YoY growth
- Full Year FY26: ₹971 crore, showing 23% YoY growth
- Quarterly breakdown: Q1 FY26 (₹210 crore), Q2 FY26 (₹237 crore), Q3 FY26 (₹218 crore)
Working Capital Management
- Working Capital Days: Q4 FY26 at 24 days, improved from 30 days in Q4 FY25
- Full Year FY26 average: 30 days
Financial Results (Consolidated)
Revenue Performance
- Q4 FY26: ₹33,269 crore, showing 25% YoY growth
- Full Year FY26: ₹1,19,347 crore, showing 20% YoY growth
- Quarterly progression: Q1 FY26 (₹26,002 crore, 22% YoY), Q2 FY26 (₹29,118 crore, 17% YoY), Q3 FY26 (₹30,959 crore, 16% YoY)
Gross Margin (GM)
- Q4 FY26: ₹1,667 crore, showing 13% YoY growth
- Full Year FY26: ₹6,042 crore, showing 11% YoY growth
EBITDA Performance
- Q4 FY26: ₹670 crore, showing 0% YoY growth
- Full Year FY26: ₹2,414 crore, showing 7% YoY growth
- Quarterly: Q1 FY26 (₹632 crore), Q2 FY26 (₹450 crore), Q3 FY26 (₹663 crore)
PAT Performance
- Q4 FY26: ₹467 crore, showing 16% YoY growth
- Full Year FY26: ₹1,565 crore, showing 17% YoY growth
- Quarterly: Q1 FY26 (₹388 crore), Q2 FY26 (₹275 crore), Q3 FY26 (₹436 crore)
Working Capital Management (Consolidated)
- Working Capital Days: Q4 FY26 at 30 days
- Debtor Days: Q4 FY26 at 58 days
- Inventory Days: Q4 FY26 at 23 days
- Creditor Days: Q4 FY26 at 51 days
Vertical Performance (Standalone)
ESG Vertical
- Q4 FY26: ₹5,839 crore
- Full Year FY26: ₹19,825 crore
TSG Vertical
- Q4 FY26: ₹4,267 crore
- Full Year FY26: ₹12,625 crore
MSG Vertical
- Q4 FY26: ₹7,184 crore
- Full Year FY26: ₹23,267 crore
CSG Vertical
- FY25: ₹2,041 crore (only previous year data provided)
SSG Vertical
- Q4 FY26: ₹2,513 crore
- Full Year FY26: ₹8,737 crore
Other Business Segments
Renewable Energy
- Q4 FY26: ₹29 crore
- Full Year FY26: ₹96 crore
Logistics Services*
- Q4 FY26: ₹192 crore
- Full Year FY26: ₹689 crore
Other Services*
- Q4 FY26: ₹21 crore
- Full Year FY26: ₹83 crore
Key Financial Ratios (Consolidated)
Return on Capital Employed (ROCE)
- Q4 FY26: 22.3%
- Full Year FY26: 19.8%
Return on Equity (ROE)
- Q4 FY26: 19.1%
- Full Year FY26: 16.8%
Free Cash Flow (FCF)
- FY26: (₹199) crore (negative)
Notes and Disclosures
- Logistics & Other services includes captive revenue
- Other Services includes - Ensure, Paynet & RGS
- Amounts may not match due to rounding
- Amounts may not add due to intercompany eliminations
- Columns marked with 'R' indicate data presented with SSG vertical reclassifications between respective BUs