DWARKESH.NS
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $14.02B | $13.59B | $17.09B | $20.91B | — | +3.2% |
| Operating revenue | $14.02B | $13.59B | $17.09B | $20.91B | — | +3.2% |
| Cost of revenue | $10.99B | $10.33B | $12.79B | $16.55B | — | +6.4% |
| Gross profit | $3.03B | $3.26B | $4.30B | $4.37B | — | -7.0% |
| Selling, general & admin | — | $134.12M | $188.60M | $451.25M | $291.18M | — |
| Total operating expense | $2.53B | $2.61B | $2.78B | $2.74B | — | -3.3% |
| Operating income | $501.41M | $645.44M | $1.52B | $1.63B | — | -22.3% |
| Net interest income | -$147.72M | -$185.23M | -$98.88M | -$124.00M | — | +20.2% |
| Pre-tax income | $425.22M | $524.61M | $1.44B | $1.53B | — | -18.9% |
| Tax provision | $116.84M | $291.25M | $604.69M | $477.60M | — | -59.9% |
| Net income | $308.38M | $233.36M | $835.17M | $1.05B | — | +32.1% |
| Net income to common | $308.38M | $233.36M | $835.17M | $1.05B | — | +32.1% |
| Basic EPS | 1.66 | 1.26 | 4.44 | 5.56 | — | +31.7% |
| Diluted EPS | 1.66 | 1.26 | 4.44 | 5.56 | — | +31.7% |
| EBIT | $572.95M | $709.83M | $1.63B | $1.77B | — | -19.3% |
| EBITDA | $940.32M | $1.20B | $2.16B | $2.27B | — | -21.6% |
| Basic shares | 185.77M | 185.20M | 188.30M | 188.30M | — | +0.3% |
| Diluted shares | 185.77M | 185.20M | 188.30M | 188.30M | — | +0.3% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $130.86M | $220.19M | $5.66M | $6.68M | — | -40.6% |
| Cash & short-term investments | $192.99M | $222.51M | $7.71M | $6.68M | — | -13.3% |
| Accounts receivable | $498.83M | $617.60M | $356.50M | $715.47M | — | -19.2% |
| Inventory | $6.78B | $7.51B | $7.41B | $5.61B | — | -9.7% |
| Total current assets | $7.60B | $9.06B | $8.25B | $6.86B | — | -16.1% |
| Property, plant & equipment | $5.28B | $5.47B | $5.84B | $5.83B | — | -3.5% |
| Goodwill & intangibles | $0 | $0 | $0 | $0 | — | — |
| Total assets | $12.98B | $14.63B | $14.15B | $12.80B | — | -11.3% |
| Total current liabilities | $3.26B | $4.77B | $3.83B | $2.98B | — | -31.7% |
| Current debt | $2.78B | $4.11B | $3.03B | $1.57B | — | -32.3% |
| Long-term debt | $555.79M | $926.33M | $1.47B | $2.14B | — | -40.0% |
| Total debt | $3.36B | $5.07B | $4.56B | $3.75B | — | -33.7% |
| Total liabilities | $4.69B | $6.57B | $5.93B | $5.40B | — | -28.6% |
| Retained earnings | — | $6.03B | $6.18B | $5.35B | $4.68B | — |
| Shareholder equity | $8.29B | $8.06B | $8.22B | $7.40B | — | +2.8% |
| Working capital | $4.34B | $4.29B | $4.42B | $3.87B | — | +1.2% |
| Net tangible assets | $8.29B | $8.06B | $8.22B | $7.40B | — | +2.8% |
| Shares issued | 185.30M | 185.30M | 188.30M | 188.30M | — | 0.0% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | $425.22M | $524.61M | $1.44B | $1.53B | — | -18.9% |
| Depreciation & amortisation | $367.38M | $489.27M | $525.02M | $502.36M | — | -24.9% |
| Change in working capital | $491.60M | -$441.60M | -$1.68B | $1.25B | — | +211.3% |
| Operating cash flow | $1.29B | $606.76M | $133.68M | $3.14B | — | +112.8% |
| Capital expenditure | -$70.45M | -$124.19M | -$507.77M | -$986.79M | — | +43.3% |
| Investing cash flow | -$36.89M | -$65.49M | -$406.67M | -$915.06M | — | +43.7% |
| Share buybacks | $0 | -$315.00M | $0 | — | — | +100.0% |
| Dividends paid | -$92.65M | — | — | -$376.60M | -$235.38M | — |
| Financing cash flow | -$1.94B | $273.26M | $271.97M | -$2.22B | — | -811.3% |
| Free cash flow | $1.22B | $482.57M | -$374.10M | $2.15B | — | +153.0% |
| End cash position | $130.86M | $820.19M | $5.66M | $6.68M | — | -84.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $3.58B | $4.25B | $3.25B | $2.46B | $4.05B | -15.8% |
| Operating revenue | $3.58B | $4.25B | $3.25B | $2.46B | $4.05B | -15.8% |
| Cost of revenue | $3.38B | $2.89B | $2.25B | $2.36B | $3.49B | +16.7% |
| Gross profit | $206.13M | $1.36B | $999.60M | $102.60M | $565.65M | -84.9% |
| Total operating expense | $539.49M | $497.03M | $747.74M | $637.51M | $647.01M | +8.5% |
| Operating income | -$333.36M | $865.83M | $251.86M | -$534.92M | -$81.36M | -138.5% |
| Net interest income | -$29.81M | -$61.94M | -$14.33M | -$17.51M | -$53.94M | +51.9% |
| Pre-tax income | -$343.76M | $817.01M | $267.93M | -$529.41M | -$130.30M | -142.1% |
| Tax provision | -$86.45M | $242.91M | $113.58M | -$203.19M | -$36.46M | -135.6% |
| Net income | -$257.31M | $574.10M | $154.35M | -$326.22M | -$93.84M | -144.8% |
| Net income to common | -$257.31M | $574.10M | $154.35M | -$326.22M | -$93.84M | -144.8% |
| Basic EPS | -1.39 | 3.10 | 0.83 | -1.76 | -0.51 | -144.8% |
| Diluted EPS | -1.39 | 3.10 | 0.83 | -1.76 | -0.51 | -144.8% |
| EBIT | -$313.96M | $878.94M | $282.26M | -$511.90M | -$76.35M | -135.7% |
| EBITDA | -$237.61M | $878.94M | $406.77M | -$389.52M | $44.27M | -127.0% |
| Basic shares | 185.12M | 185.19M | 185.96M | 185.35M | 184.00M | -0.0% |
| Diluted shares | 185.12M | 185.19M | 185.96M | 185.35M | 184.00M | -0.0% |
| Line item | 2026-03-31 | 2025-09-30 | 2025-03-31 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $130.86M | $2.84B | $220.19M | -95.4% |
| Cash & short-term investments | $192.99M | $2.89B | $222.51M | -93.3% |
| Accounts receivable | $498.83M | $10.14M | $617.60M | +4,817.0% |
| Inventory | $6.78B | $1.93B | $7.51B | +251.0% |
| Total current assets | $7.60B | $4.93B | $9.06B | +54.3% |
| Property, plant & equipment | $5.28B | $5.27B | $5.47B | +0.1% |
| Goodwill & intangibles | $0 | $0 | $0 | — |
| Total assets | $12.98B | $10.28B | $14.63B | +26.2% |
| Total current liabilities | $3.26B | $1.35B | $4.77B | +141.8% |
| Current debt | $2.78B | $971.02M | $4.11B | +186.4% |
| Long-term debt | $555.79M | $741.06M | $926.33M | -25.0% |
| Total debt | $3.36B | $1.75B | $5.07B | +92.7% |
| Total liabilities | $4.69B | $2.73B | $6.57B | +71.6% |
| Retained earnings | — | — | $6.03B | — |
| Shareholder equity | $8.29B | $7.55B | $8.06B | +9.8% |
| Working capital | $4.34B | $3.58B | $4.29B | +21.4% |
| Net tangible assets | $8.29B | $7.55B | $8.06B | +9.8% |
| Shares issued | 185.30M | 185.30M | 185.30M | 0.0% |
Newly listed companies often have nothing on file until their first annual report.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Headlines
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