In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/06/2026 | |
|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | |||||
| + Depreciation & Amortisation | 0.6 | 1.1 | 1.8 | — | |
| + Finance Costs | 4.1 | 0.0 | 0.0 | — | |
| + Interest Income | 33.7 | 27.5 | -4.5 | — | |
| + Dividend Income | -0.0 | -0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -22.3 | -141.4 | -29.6 | — | |
| + Share-based Payments | 10.8 | 10.1 | 12.6 | — | |
| + Other Non-cash Items | 0.3 | 0.3 | 0.4 | — | |
| + Other — Cash Effects are Investing / Financing | -1.6 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 5.3 | 35.8 | 20.6 | — | |
| + Trade Receivables — Current | -573.6 | -1,051.4 | 919.5 | — | |
| + Trade Payables — Current | 497.0 | 887.4 | -505.5 | — | |
| + Provisions — Current | 0.2 | 0.0 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 5.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 100.0 | 132.4 | 120.7 | 207.1 | |
| + Total Adjustments (incl. Working Capital) | -45.4 | -230.5 | 420.3 | — | |
| Cash from Operations (pre-tax) | 54.6 | -98.2 | 541.0 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | -0.0 | — | |
| + Income Taxes Paid | 10.0 | 20.6 | 35.8 | — | |
| Cash from Operating Activities | 44.6 | -118.8 | 505.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.8 | 2.3 | 2.6 | — | |
| + Acq of Intangibles under Development | 0.0 | 0.0 | 0.1 | — | |
| + Acq of Goodwill | 0.9 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 449.9 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 275.8 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 4.3 | 46.3 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 166.4 | 0.1 | — | |
| Cash from Investing Activities | -447.3 | 210.4 | -278.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 10.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 372.0 | 0.0 | 2.2 | — | |
| + Repayment of Borrowings | 0.0 | 91.7 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.3 | 0.0 | 1.6 | — | |
| + Interest Paid | -31.0 | 67.8 | 13.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -55.7 | 0.0 | — | |
| Cash from Financing Activities | 402.7 | -205.3 | -13.1 | — | |
| Net Changes in Cash (pre-FX) | -0.0 | -113.6 | 213.7 | — | |
| + Effect of FX Rate Changes on Cash | 1.4 | 1.3 | 9.1 | — | |
| Net Changes in Cash | 1.4 | -112.3 | 222.7 | — | |
| Closing Cash | 233.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 150.0 | 189.5 | 158.3 | 257.8 | |
| EBITDA Margin % | 10.88 | 5.78 | 0.66 | 0.93 | |
| Free Cash Flow (CFO − Capex) | 43.8 | -121.1 | 502.6 | 502.6 | |
| Free Cash Flow to Equity | — | -283.7 | 398.2 | — | |
| Free Cash Flow per Basic Share | 8.65 | -23.90 | 99.21 | 99.21 | |
| Price to Free Cash Flow | — | — | — | 2.03 | |
| Cash Flow to Net Income | 0.50 | -1.09 | 4.80 | — | |
| Cash Paid for Taxes | 10.0 | 20.6 | 35.8 | — | |
| Cash Paid for Interest | -31.0 | 67.8 | 13.7 | — | |