ANTHEM IN EQUITY
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| ₹ CR · FY | FY22 | FY23 | FY24 | FY25 | FY26 | Sep'26 | YOY |
|---|---|---|---|---|---|---|---|
| Profit & loss | |||||||
| Revenue | 1,231 | 1,057 | 1,419 | 1,845 | 2,124 | — | — |
| Operating profit | 565 | 431 | 506 | 672 | 834 | — | — |
| OPM % | 45.9% | 40.8% | 35.7% | 36.4% | 39.3% | — | |
| Interest | 10 | 9 | 10 | 11 | 7 | — | — |
| Profit before tax | 546 | 497 | 477 | 657 | 824 | — | — |
| Net profit | 406 | 385 | 367 | 451 | 592 | — | — |
| NPM % | 33.0% | 36.4% | 25.9% | 24.4% | 27.9% | — | |
| Balance sheet & cash | |||||||
| Total assets | 1,619 | 2,014 | 2,398 | 2,808 | 3,429 | 3,686 | +7.5% |
| Equity | 1,355 | 1,741 | 1,925 | 2,410 | 3,042 | 3,281 | +7.9% |
| Debt | 35 | 126 | 239 | 113 | 54 | 40 | −25.9% |
| Cash from ops | 333 | 306 | 140 | 271 | 844 | — | — |
| Capex | — | — | — | — | — | — | — |
| CHECK | RESULT | VALUE |
|---|---|---|
| Net profit positive | n/a | — |
| Operating cash flow positive | n/a | — |
| ROA improved | n/a | 17.3% → — |
| Cash from ops > net profit | n/a | — |
| Leverage fell | ✓ PASS | 0.02 → 0.01 |
| Current ratio improved | n/a | — → — |
| Gross margin improved | n/a | 39.3% → — |
| Asset turnover improved | n/a | 0.62 → — |
| Interest cover above 3× | n/a | — |
| ₹ CR · QUARTER | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | YOY |
|---|---|---|---|---|---|---|---|---|---|
| Profit & loss | |||||||||
| Revenue | 498 | 483 | 540 | 550 | 423 | 611 | 418 | 594 | +8% |
| Operating profit | 160 | 195 | 191 | 218 | 157 | 267 | 151 | 271 | +24.3% |
| OPM % | 32.1% | 40.4% | 35.4% | 39.6% | 37.1% | 43.7% | 36.1% | 45.6% | |
| Interest | 3 | 1 | 2 | 3 | 0 | 2 | 1 | 3 | 0% |
| Profit before tax | 161 | 178 | 186 | 230 | 130 | 278 | 145 | 296 | +28.7% |
| Net profit | 124 | 83 | 136 | 173 | 93 | 190 | 120 | 211 | +22% |
| NPM % | 24.9% | 17.2% | 25.2% | 31.5% | 22.0% | 31.1% | 28.7% | 35.5% |