Also trades as: FLAIR.BO (BSE) · $vol 0M

₹228.70 ($2.37)

-0.62 (-0.27%)

NSE · Industrials · Business Equipment & Supplies · Tech Score Strong Sell · Power 37 · ₹24.1B mcap · 20M float · 0.718% daily turnover

Revenue

$12.5B +15.8% ▲

5Y CAGR: +33.8%

Gross Profit

$3.7B -32.4% ▼

5Y CAGR: +63.3%

Operating Income

$1.7B -54.4% ▼

Net Income

$1.4B +16.9% ▲

5Y CAGR: +169.2%

EPS (Diluted)

$13.26 +16.8% ▲

5Y CAGR: +99.5%

EBITDA

$2.2B +21.5% ▲

5Y CAGR: +44.1%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$5.7B	$9.3B	$9.7B	$10.8B	$12.5B
YoY Growth	+95.5%	+63.8%	+3.7%	+11.4%	+15.8%
Cost of Revenue	$4.4B	$7.2B	$7.5B	$5.3B	$8.8B
Gross Profit	$1.3B	$2.1B	$2.2B	$5.5B	$3.7B
Gross Margin	22.3%	22.6%	23.0%	50.7%	29.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$240M	$436M	$558M	$1.9B	$2.0B
Operating Expenses	$584M	$617M	$755M	$1.7B	$2.0B
Operating Income	$691M	$1.5B	$3.2B	$3.8B	$1.7B
Operating Margin	12.1%	16.0%	33.5%	34.8%	13.7%
Interest Expense	$93M	$102M	$106M	$53M	$52M
Income Before Tax	$734M	$1.6B	$1.6B	$1.6B	$1.9B
Tax Expense	$183M	$408M	$403M	$403M	$457M
Net Income	$552M	$1.2B	$1.2B	$1.2B	$1.4B
Net Margin	9.7%	12.5%	12.3%	11.1%	11.2%
EPS (Diluted)	$24.08	$12.54	$12.19	$11.35	$13.26
EBITDA	$1.1B	$2.0B	$2.1B	$1.8B	$2.2B
Shares Outstanding	23M	93M	98M	105M	105M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$2.5B	$2.7B	$2.6B	$3.0B	$2.9B	$3.2B	$3.2B	$3.2B
Cost of Revenue	$1.7B	$1.3B	$1.3B	$1.5B	$1.4B	$1.5B	$2.2B	$2.3B
Gross Profit	$745M	$1.4B	$1.4B	$1.4B	$1.4B	$1.7B	$946M	$974M
Gross Margin	30.1%	52.8%	51.9%	48.6%	50.0%	51.9%	29.8%	30.2%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$426M	$0	$0	$476M	$443M	$499M	$512M	$534M
Operating Expenses	$426M	$1.0B	$1.0B	$476M	$1.1B	$1.2B	$512M	$534M
Operating Income	$319M	$400M	$336M	$972M	$368M	$472M	$435M	$440M
Operating Margin	12.9%	14.8%	12.7%	32.6%	12.8%	14.7%	13.7%	13.6%
Interest Expense	$15M	$14M	$13M	$11M	$12M	$15M	$12M	$13M
Income Before Tax	$354M	$437M	$388M	$414M	$388M	$542M	$454M	$486M
Tax Expense	$92M	$110M	$95M	$106M	$99M	$115M	$122M	$121M
Net Income	$265M	$329M	$293M	$308M	$286M	$426M	$327M	$358M
Net Margin	10.7%	12.2%	11.1%	10.3%	9.9%	13.3%	10.3%	11.1%
EPS (Diluted)	$2.51	$3.12	$2.78	$2.93	$2.72	$4.04	$3.11	$3.40
EBITDA	$470M	$557M	$518M	$457M	$528M	$689M	$600M	$577M
Shares Outstanding	106M	105M	106M	105M	105M	105M	105M	105M

FLAIR.NS NSE