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Tribhovandas Bhimji Zaveri Results

Tribhovandas Bhimji Zaveri Results

Financial overview

CAGR%
Sales
Profits
Returns
ROE
10Y5Y3YTTM
7%19%10%22%
-36%71%196%
20%41%55%134%
8%12%16%27%

Peer Comparison

Symbol
TITAN
KALYANKJIL
THANGAMAYL
LALITHAA
BLUESTONE
SKYGOLD
PCJEWELLER
AUGMONT
SENCO
GOLDIAM
TBZ
PriceM.Cap (₹)PE RatioEPS (₹)EV/EBITDAAnnual PAT
5,002.5₹440342 Cr76.4519.9775₹5073 Cr
600.5₹60468 Cr42.143.3818.16₹1350 Cr
5,316₹16427 Cr42.0127.38140.24₹352 Cr
289.3₹15700 Cr15.55—20.38₹1010 Cr
823.35₹12304 Cr218.470.4618.2₹15 Cr
742.5₹11506 Cr34.346.6722.52₹282 Cr
11.21₹10279 Cr13.270.230.82₹714 Cr
916.65₹8401 Cr25.16—37.34₹334 Cr
356₹5714 Cr10.016.1740₹574 Cr
345.55₹5122 Cr24.294.9114.96₹171 Cr
480.85₹2866 Cr13.415.0836.6₹202 Cr

Profit & Loss

Consolidated
Standalone
Quarterly
Yearly
₹
%
Name
Net Revenue
Other Income
Total Revenue
Total Expenditure
Operating Profit
Interest Expense
PBT
Net Profit
Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021Dec 2020Sep 2020Jun 2020Mar 2020Dec 2019Sep 2019Jun 2019Mar 2019Dec 2018Sep 2018Jun 2018
₹841 Cr₹830 Cr₹1061 Cr₹688 Cr₹624 Cr₹529 Cr₹928 Cr₹567 Cr₹596 Cr₹507 Cr₹741 Cr₹481 Cr₹571 Cr₹465 Cr₹812 Cr₹537 Cr₹580 Cr₹431 Cr₹763 Cr₹456 Cr₹194 Cr₹366 Cr₹623 Cr₹273 Cr₹79 Cr₹343 Cr₹645 Cr₹393 Cr₹430 Cr₹415 Cr₹592 Cr₹346 Cr₹411 Cr
₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹1 Cr₹82 L₹1 Cr₹100 L₹2 Cr₹2 Cr₹1 Cr₹100 L₹78 L₹83 L₹1 Cr₹2 Cr₹2 Cr₹1 Cr₹2 Cr₹2 Cr₹3 Cr₹2 Cr₹2 Cr₹4 Cr₹1 Cr₹84 L₹1 Cr₹1 Cr₹2 Cr₹1 Cr₹38 L₹68 L
₹843 Cr₹831 Cr₹1063 Cr₹690 Cr₹626 Cr₹531 Cr₹929 Cr₹568 Cr₹597 Cr₹509 Cr₹743 Cr₹482 Cr₹572 Cr₹466 Cr₹813 Cr₹538 Cr₹582 Cr₹434 Cr₹764 Cr₹458 Cr₹196 Cr₹369 Cr₹625 Cr₹276 Cr₹84 Cr₹344 Cr₹645 Cr₹394 Cr₹431 Cr₹418 Cr₹593 Cr₹346 Cr₹412 Cr
₹777 Cr₹725 Cr₹936 Cr₹631 Cr₹578 Cr₹500 Cr₹874 Cr₹538 Cr₹561 Cr₹480 Cr₹701 Cr₹457 Cr₹545 Cr₹440 Cr₹774 Cr₹520 Cr₹567 Cr₹420 Cr₹729 Cr₹440 Cr₹201 Cr₹350 Cr₹562 Cr₹239 Cr₹96 Cr₹328 Cr₹611 Cr₹379 Cr₹411 Cr₹404 Cr₹563 Cr₹333 Cr₹399 Cr
₹74 Cr₹114 Cr₹133 Cr₹66 Cr₹55 Cr₹38 Cr₹61 Cr₹36 Cr₹42 Cr₹33 Cr₹47 Cr₹31 Cr₹33 Cr₹32 Cr₹45 Cr₹24 Cr₹21 Cr₹19 Cr₹41 Cr₹24 Cr₹51 L₹25 Cr₹71 Cr₹44 Cr-₹5 Cr₹24 Cr₹42 Cr₹23 Cr₹27 Cr₹17 Cr₹33 Cr₹15 Cr₹15 Cr
₹19 Cr₹16 Cr₹19 Cr₹16 Cr₹18 Cr₹17 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹12 Cr₹13 Cr₹12 Cr₹12 Cr₹11 Cr₹10 Cr₹12 Cr₹9 Cr₹10 Cr₹8 Cr₹8 Cr₹8 Cr₹11 Cr₹14 Cr₹15 Cr₹14 Cr₹13 Cr₹14 Cr₹14 Cr₹12 Cr₹12 Cr₹12 Cr₹11 Cr
₹47 Cr₹90 Cr₹108 Cr₹42 Cr₹30 Cr₹14 Cr₹42 Cr₹17 Cr₹23 Cr₹15 Cr₹29 Cr₹12 Cr₹15 Cr₹14 Cr₹27 Cr₹8 Cr₹3 Cr₹4 Cr₹25 Cr₹10 Cr-₹13 Cr₹12 Cr₹53 Cr₹22 Cr-₹27 Cr₹1 Cr₹21 Cr₹89 L₹5 Cr₹2 Cr₹18 Cr₹1 Cr₹2 Cr
₹34 Cr₹68 Cr₹81 Cr₹32 Cr₹22 Cr₹9 Cr₹30 Cr₹12 Cr₹17 Cr₹13 Cr₹21 Cr₹9 Cr₹11 Cr₹12 Cr₹21 Cr₹5 Cr₹2 Cr₹4 Cr₹19 Cr₹7 Cr-₹10 Cr₹9 Cr₹40 Cr₹15 Cr-₹21 Cr₹3 Cr₹15 Cr₹52 L₹4 Cr₹2 Cr₹12 Cr₹56 L₹1 Cr

Balance Sheet

Consolidated
Standalone
₹
%
Name
Equity And Liabilities
Share Capital
Share Warrants & Outstandings
Total Reserves
Reserve excluding Revaluation Reserve
Shareholder's Funds
Minority Interest
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
Contingent Liabilities
Total Debt
Assets
Gross Block
Less Accumulated Depreciation
Less Impairment of Assets
Net Block
Capital Work in Progress
Non Current Investments
Long Term Investment
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets
Net Current Assets (Including Current Investments)
Total Assets
Book Value
Adjusted Book Value
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
—————————————————
₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹67 Cr₹50 Cr₹50 Cr₹10 Cr
₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹17 L₹25 L₹72 L₹1 Cr₹1 Cr₹0
₹771 Cr₹590 Cr₹535 Cr₹494 Cr₹461 Cr₹456 Cr₹414 Cr₹417 Cr₹410 Cr₹389 Cr₹369 Cr₹397 Cr₹380 Cr₹343 Cr₹109 Cr₹56 Cr₹59 Cr
₹771 Cr₹590 Cr₹535 Cr₹494 Cr₹461 Cr₹456 Cr₹414 Cr₹417 Cr₹410 Cr₹389 Cr₹369 Cr₹397 Cr₹380 Cr₹343 Cr₹109 Cr₹56 Cr₹59 Cr
₹838 Cr₹657 Cr₹602 Cr₹560 Cr₹528 Cr₹523 Cr₹481 Cr₹484 Cr₹477 Cr₹456 Cr₹436 Cr₹464 Cr₹447 Cr₹410 Cr₹160 Cr₹107 Cr₹69 Cr
₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹41 L₹0
₹3 Cr₹2 Cr₹60 L₹57 L₹9 L₹2 Cr₹49 L₹1 L₹8 L₹11 L₹8 Cr₹12 Cr₹17 Cr₹20 Cr₹3 Cr₹6 Cr₹194 Cr
₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹9 Cr
-₹10 Cr-₹7 Cr-₹6 Cr-₹5 Cr-₹4 Cr-₹4 Cr-₹7 Cr₹9,000₹2 Cr-₹82 L₹0-₹89 L-₹7 Cr-₹6 Cr-₹4 Cr-₹2 Cr-₹1 Cr
₹83 Cr₹71 Cr₹66 Cr₹68 Cr₹61 Cr₹48 Cr₹61 Cr₹2 Cr₹1 Cr₹74 L₹6 Cr₹5 Cr₹0₹0₹0₹0₹0
₹155 Cr₹86 Cr₹91 Cr₹68 Cr₹52 Cr₹48 Cr₹35 Cr₹17 Cr₹15 Cr₹7 Cr₹110 Cr₹124 Cr₹91 Cr₹7 Cr₹4 Cr₹4 Cr₹0
₹231 Cr₹152 Cr₹152 Cr₹132 Cr₹110 Cr₹95 Cr₹90 Cr₹18 Cr₹18 Cr₹7 Cr₹123 Cr₹141 Cr₹101 Cr₹20 Cr₹3 Cr₹8 Cr₹201 Cr
—————————————————
₹170 Cr₹162 Cr₹109 Cr₹207 Cr₹199 Cr₹140 Cr₹194 Cr₹196 Cr₹92 Cr₹78 Cr₹92 Cr₹109 Cr₹79 Cr₹169 Cr₹86 Cr₹109 Cr₹49 Cr
₹193 Cr₹159 Cr₹131 Cr₹141 Cr₹151 Cr₹140 Cr₹172 Cr₹125 Cr₹71 Cr₹100 Cr₹109 Cr₹112 Cr₹199 Cr₹154 Cr₹107 Cr₹71 Cr₹24 Cr
₹782 Cr₹698 Cr₹532 Cr₹486 Cr₹507 Cr₹350 Cr₹548 Cr₹605 Cr₹569 Cr₹549 Cr₹638 Cr₹572 Cr₹547 Cr₹394 Cr₹201 Cr₹201 Cr₹0
₹4 Cr₹3 Cr₹5 Cr₹5 Cr₹4 Cr₹4 Cr₹5 Cr₹5 Cr₹3 Cr₹4 Cr₹4 Cr₹13 Cr₹21 Cr₹27 Cr₹22 Cr₹44 Cr₹3 Cr
₹1150 Cr₹1021 Cr₹778 Cr₹838 Cr₹861 Cr₹634 Cr₹919 Cr₹931 Cr₹734 Cr₹731 Cr₹843 Cr₹805 Cr₹846 Cr₹745 Cr₹416 Cr₹425 Cr₹77 Cr
₹2219 Cr₹1830 Cr₹1531 Cr₹1530 Cr₹1498 Cr₹1252 Cr₹1489 Cr₹1433 Cr₹1229 Cr₹1194 Cr₹1403 Cr₹1410 Cr₹1394 Cr₹1175 Cr₹580 Cr₹540 Cr₹347 Cr
₹56 Cr₹56 Cr₹89 Cr₹78 Cr₹97 Cr₹125 Cr₹142 Cr₹187 Cr₹251 Cr₹4 Cr₹6 Cr₹7 Cr₹3 Cr₹3 Cr₹16 Cr₹14 Cr₹0
₹786 Cr₹700 Cr₹533 Cr₹487 Cr₹509 Cr₹375 Cr₹549 Cr₹606 Cr₹569 Cr₹549 Cr₹650 Cr₹588 Cr₹568 Cr₹419 Cr₹208 Cr₹212 Cr₹202 Cr
—————————————————
₹348 Cr₹303 Cr₹269 Cr₹257 Cr₹229 Cr₹218 Cr₹232 Cr₹138 Cr₹120 Cr₹111 Cr₹150 Cr₹138 Cr₹131 Cr₹115 Cr₹68 Cr₹63 Cr₹53 Cr
₹166 Cr₹139 Cr₹119 Cr₹99 Cr₹77 Cr₹78 Cr₹57 Cr₹27 Cr₹17 Cr₹9 Cr₹41 Cr₹31 Cr₹34 Cr₹25 Cr₹17 Cr₹12 Cr₹13 Cr
₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹0₹9,000₹24 L₹0
₹183 Cr₹164 Cr₹151 Cr₹159 Cr₹152 Cr₹140 Cr₹174 Cr₹111 Cr₹103 Cr₹103 Cr₹109 Cr₹108 Cr₹97 Cr₹90 Cr₹51 Cr₹51 Cr₹40 Cr
₹5 L₹85 L₹7 L₹66 L₹0₹0₹0₹0₹0₹2 Cr₹0₹5 Cr₹2 Cr₹2 Cr₹71 L₹0₹4 Cr
₹5 L₹4 L₹5 L₹3 L₹2 L₹2 L₹1 L₹3 L₹3 L₹14 L₹10 L₹10 L₹5 L₹5 L₹5 L₹5 L₹0
₹5 L₹4 L₹5 L₹3 L₹2 L₹2 L₹1 L₹3 L₹3 L₹14 L₹10 L₹10 L₹5 L₹5 L₹5 L₹5 L₹0
₹135 Cr₹80 Cr₹91 Cr₹71 Cr₹60 Cr₹52 Cr₹39 Cr₹26 Cr₹32 Cr₹21 Cr₹124 Cr₹135 Cr₹97 Cr₹11 Cr₹9 Cr₹9 Cr₹0
₹4 L₹7 L₹4 L₹18,000₹35 L₹29,000₹4 L₹4 Cr₹2 Cr₹2 Cr₹0₹0₹0₹0₹0₹0₹0
₹317 Cr₹245 Cr₹242 Cr₹230 Cr₹212 Cr₹192 Cr₹214 Cr₹141 Cr₹137 Cr₹127 Cr₹233 Cr₹248 Cr₹195 Cr₹102 Cr₹61 Cr₹60 Cr₹44 Cr
—————————————————
₹1773 Cr₹1461 Cr₹1197 Cr₹1223 Cr₹1204 Cr₹984 Cr₹1181 Cr₹1179 Cr₹1021 Cr₹1027 Cr₹1126 Cr₹1114 Cr₹1111 Cr₹1025 Cr₹502 Cr₹425 Cr₹287 Cr
₹3 Cr₹3 Cr₹16 Cr₹2 Cr₹2 Cr₹3 Cr₹3 Cr₹26 Cr₹23 Cr₹2 Cr₹69 L₹80 L₹3 Cr₹2 Cr₹3 Cr₹9 Cr₹3 Cr
₹102 Cr₹98 Cr₹50 Cr₹46 Cr₹45 Cr₹40 Cr₹41 Cr₹40 Cr₹38 Cr₹32 Cr₹39 Cr₹34 Cr₹74 Cr₹32 Cr₹6 Cr₹9 Cr₹6 Cr
₹7 Cr₹10 Cr₹17 Cr₹16 Cr₹15 Cr₹15 Cr₹35 Cr₹32 Cr₹4 Cr₹3 Cr₹3 Cr₹3 Cr₹7 Cr₹3 Cr₹5 Cr₹4 Cr₹43 L
₹18 Cr₹13 Cr₹9 Cr₹14 Cr₹20 Cr₹18 Cr₹16 Cr₹15 Cr₹5 Cr₹2 Cr₹2 Cr₹10 Cr₹5 Cr₹10 Cr₹2 Cr₹34 Cr₹7 Cr
₹1902 Cr₹1585 Cr₹1289 Cr₹1300 Cr₹1287 Cr₹1060 Cr₹1276 Cr₹1292 Cr₹1092 Cr₹1067 Cr₹1170 Cr₹1162 Cr₹1199 Cr₹1073 Cr₹519 Cr₹481 Cr₹303 Cr
₹752 Cr₹564 Cr₹511 Cr₹462 Cr₹426 Cr₹426 Cr₹357 Cr₹361 Cr₹358 Cr₹335 Cr₹327 Cr₹356 Cr₹353 Cr₹328 Cr₹102 Cr₹56 Cr₹225 Cr
₹2219 Cr₹1830 Cr₹1531 Cr₹1530 Cr₹1498 Cr₹1252 Cr₹1489 Cr₹1433 Cr₹1229 Cr₹1194 Cr₹1403 Cr₹1410 Cr₹1394 Cr₹1175 Cr₹580 Cr₹540 Cr₹347 Cr
₹126₹98₹90₹84₹79₹78₹72₹73₹71₹68₹65₹69₹67₹61₹32₹21₹69
₹126₹98₹90₹84₹79₹78₹72₹73₹71₹68₹65₹69₹67₹61₹32₹21₹14

Cash Flow

Consolidated
Standalone
₹
%
Name
Profit Before Tax
Adjustment
Changes In working Capital
Cash Flow after changes in Working Capital
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activitie
Net Cash Inflow / Outflow
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalent
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
₹270 Cr₹96 Cr₹72 Cr₹52 Cr₹26 Cr₹60 Cr₹28 Cr₹23 Cr₹32 Cr₹12 Cr-₹26 Cr₹38 Cr₹83 Cr₹124 Cr₹87 Cr₹60 Cr₹25 Cr
₹93 Cr₹79 Cr₹69 Cr₹66 Cr₹51 Cr₹65 Cr₹88 Cr₹54 Cr₹45 Cr₹59 Cr₹64 Cr₹46 Cr₹52 Cr₹27 Cr₹37 Cr₹28 Cr₹22 Cr
-₹266 Cr-₹176 Cr-₹83 Cr-₹17 Cr-₹135 Cr₹123 Cr₹44 Cr-₹35 Cr-₹28 Cr₹81 Cr-₹24 Cr-₹61 Cr-₹127 Cr-₹407 Cr-₹57 Cr-₹49 Cr-₹33 Cr
₹97 Cr-₹1 Cr₹58 Cr₹101 Cr-₹57 Cr₹247 Cr₹160 Cr₹42 Cr₹48 Cr₹152 Cr₹15 Cr₹23 Cr₹7 Cr-₹257 Cr₹67 Cr₹39 Cr₹15 Cr
₹30 Cr-₹27 Cr₹40 Cr₹93 Cr-₹66 Cr₹231 Cr₹149 Cr₹32 Cr₹42 Cr₹153 Cr₹14 Cr₹15 Cr-₹30 Cr-₹303 Cr₹38 Cr₹29 Cr₹7 Cr
-₹10 Cr-₹45 Cr-₹7 Cr-₹7 Cr-₹2 Cr₹5 Cr-₹6 Cr-₹21 Cr-₹9 Cr₹42 L-₹11 Cr₹26 Cr-₹54 Cr-₹62 Cr-₹6 Cr-₹12 Cr-₹10 Cr
-₹17 Cr₹85 Cr-₹29 Cr-₹87 Cr₹71 Cr-₹233 Cr-₹147 Cr-₹16 Cr-₹27 Cr-₹155 Cr-₹1 Cr-₹47 Cr₹86 Cr₹372 Cr-₹35 Cr-₹14 Cr₹4 Cr
₹2 Cr₹13 Cr₹4 Cr-₹17 L₹2 Cr₹3 Cr-₹4 Cr-₹4 Cr₹6 Cr-₹2 Cr₹1 Cr-₹7 Cr₹1 Cr₹8 Cr-₹2 Cr₹2 Cr₹37 L
₹25 Cr₹12 Cr₹8 Cr₹8 Cr₹6 Cr₹2 Cr₹7 Cr₹11 Cr₹5 Cr₹7 Cr₹6 Cr₹13 Cr₹11 Cr₹3 Cr₹5 Cr₹3 Cr₹6 Cr
₹27 Cr₹25 Cr₹12 Cr₹8 Cr₹8 Cr₹6 Cr₹2 Cr₹7 Cr₹11 Cr₹5 Cr₹7 Cr₹6 Cr₹13 Cr₹11 Cr₹3 Cr₹5 Cr₹6 Cr

Fundamental Ratios

Consolidated
Standalone
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Share Price Live Stats

Open (₹)456.00
Volume (₹)23.10 L
High (₹)474.90
Upper Circuit480.85
Low (₹)456.00
Lower Circuit393.45
Prev Close437.15
52W High (₹)474.90
Price472.45
52W Low (₹)110.50

Share Market Cap & Key Ratios Overview

M.Cap (₹)2866.41 Cr
Div. Yield (%)0.58
PE Ratio13.41
Debt to Equity0.94
Price to Book0.89
Book Value125.60
EPS (TTM)32.03
Face Value10.00
ROE (%)27.06

Stock Analysis (SWOT)

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Peer Stocks

1 week
1 month
1 year
Name
TITANNSE
KALYANKJILNSE
THANGAMAYLNSE
LALITHAANSE
BLUESTONENSE
SKYGOLDNSE
PCJEWELLERNSE
AUGMONTNSE
SENCONSE
GOLDIAMNSE
TBZNSE
LTP
1W Low
1W High
Market cap (₹)
5002.5-166.7 (-3.22%)
4952
5159
4,40,342Cr
595.45-20.35 (-3.30%)
556.50
615.90
60,468Cr
5251.5-189 (-3.47%)
5176.50
5470
16,427Cr
293.2+27.96 (10.54%)
256.01
294.45
15,700Cr
813.9+19.2 (2.42%)
770.10
830.70
12,304Cr
742.1-69.3 (-8.54%)
737
829
11,506Cr
10.68-0.26 (-2.38%)
9.98
11.24
10,279Cr
933.45-27.55 (-2.87%)
851
1019.80
8,401Cr
357.1+2.25 (0.63%)
342.70
360.75
5,714Cr
343.5-5.05 (-1.45%)
336.05
358
5,122Cr
472.45+170.75 (56.60%)
292.65
474.90
2,866Cr

Tribhovandas Bhimji Zaveri Ltd Annual Results Key Takeaways

Operating profit (before other income, interest and exceptional items) was ₹73.97Cr; with other income of ₹1.66Cr, profit before interest and tax came to ₹65.39Cr. Interest expense was ₹18.75Cr; PBT before exceptional items stood at ₹46.64Cr. Cost mix (full year): raw materials ₹2912.19Cr; employee cost ₹98.91Cr; depreciation ₹8.58Cr; other expenses ₹768.67Cr. Basis: consolidated annual results.

Tribhovandas Bhimji Zaveri Ltd Quaterly Results Key Takeaways

Tribhovandas Bhimji Zaveri Ltd reported ₹840.97Cr total income from operations in Jun 2026, softer than ₹829.7Cr in Mar 2026 but higher than ₹624.01Cr in Jun 2025. Operating profit (before other income, interest and exceptional items) was ₹73.97Cr; with other income of ₹1.66Cr, profit before interest and tax came to ₹65.39Cr. Interest expense was ₹18.75Cr, taking profit before tax to ₹46.64Cr. After tax of ₹12.72Cr, profit after tax stood at ₹33.91Cr (vs ₹67.64Cr in Mar 2026 and ₹22.5Cr in Jun 2025).