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 | 16.1 | 26.6 | 36.0 | — | |
| + Finance Costs | 5.9 | 6.2 | 3.1 | — | |
| + Interest Income | -2.2 | -10.8 | -8.5 | — | |
| + Dividend Income | 0.0 | -0.0 | 0.0 | — | |
| + Share-based Payments | 2.3 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -4.2 | -6.1 | -16.0 | — | |
| + Other Non-cash Items | 0.3 | 3.0 | 2.6 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -3.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -35.1 | -23.2 | -51.4 | — | |
| + Trade Receivables — Current | 30.0 | -80.1 | -55.5 | — | |
| + Other Financial Assets — Current | 1.0 | -3.0 | -3.7 | — | |
| + Other Financial Assets — Non-current | 31.8 | 0.0 | 0.0 | — | |
| + Other Current Assets | -28.4 | 5.2 | 10.2 | — | |
| + Other Non-current Assets | -0.2 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 23.6 | 21.4 | -2.1 | — | |
| + Other Current Liabilities | 24.9 | -2.8 | 1.0 | — | |
| + Provisions — Current | 1.9 | 12.4 | 8.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 81.9 | 216.2 | 482.7 | 528.6 | |
| + Total Adjustments (incl. Working Capital) | 67.6 | -51.1 | -79.0 | — | |
| Cash from Operations (pre-tax) | 149.5 | 165.1 | 403.7 | — | |
| + Income Taxes Paid | 24.3 | 46.7 | 111.6 | — | |
| Cash from Operating Activities | 125.2 | 118.3 | 292.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 280.4 | 194.6 | 328.0 | — | |
| + Acq of Investment Property | 66.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 34.3 | 0.0 | 0.0 | — | |
| + Investment in Partnership Firms / LLPs | 0.0 | 0.0 | 0.9 | — | |
| + Loans & Advances Repaid | 13.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.3 | 10.8 | 8.5 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -40.1 | 54.4 | — | |
| Cash from Investing Activities | -365.4 | -223.9 | -265.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 51.9 | 499.4 | 0.0 | — | |
| + Proceeds from Borrowings | 218.1 | 0.0 | 18.3 | — | |
| + Repayment of Borrowings | 0.0 | 208.5 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.3 | 0.7 | — | |
| + Interest Paid | 5.9 | 6.2 | 1.3 | — | |
| + Dividends Paid | 10.9 | 12.3 | 12.3 | — | |
| + Other Inflows / (Outflows) — Financing | -13.7 | -11.0 | 0.0 | — | |
| Cash from Financing Activities | 239.4 | 261.1 | 4.1 | — | |
| Net Changes in Cash (pre-FX) | -0.9 | 155.5 | 30.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.0 | — | |
| Net Changes in Cash | -0.8 | 155.5 | 30.3 | — | |
| Closing Cash | 29.7 | 185.2 | — | — | |
| Reference Items | |||||
| EBITDA | 128.5 | 232.1 | 480.4 | 542.6 | |
| EBITDA Margin % | 17.91 | 23.05 | 35.87 | 37.12 | |
| Free Cash Flow (CFO − Capex) | -155.2 | -76.3 | -35.8 | -35.8 | |
| Free Cash Flow to Equity | — | -291.0 | -18.8 | — | |
| Free Cash Flow per Basic Share | -18.95 | -9.32 | -4.37 | -4.37 | |
| Cash Flow to Net Income | 2.57 | 0.74 | 0.82 | — | |
| Cash Paid for Taxes | 24.3 | 46.7 | 111.6 | — | |
| Cash Paid for Interest | 5.9 | 6.2 | 1.3 | — | |