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 | 39.7 | 45.0 | -66.4 | — | |
| + Finance Costs | 8.5 | 0.0 | -18.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.7 | -0.3 | -11.3 | — | |
| + Other Non-cash Items | 3.7 | -1.0 | 1.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -94.7 | -53.4 | -140.6 | — | |
| + Trade Receivables — Current | 26.1 | -55.7 | -90.8 | — | |
| + Other Financial Assets — Current | -11.2 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 13.5 | 0.0 | — | |
| + Other Current Assets | -70.6 | -49.2 | 0.0 | — | |
| + Other Non-current Assets | 0.0 | 12.9 | 0.0 | — | |
| + Trade Payables — Current | 22.0 | 24.0 | -69.2 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | -18.9 | — | |
| + Other Current Liabilities | 1.3 | 23.7 | 4.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | -2.3 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 30.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 109.5 | 213.0 | 291.1 | 312.9 | |
| + Total Adjustments (incl. Working Capital) | -74.6 | -40.5 | -382.2 | — | |
| Cash from Operations (pre-tax) | 34.9 | 172.5 | -91.1 | — | |
| + Interest Received — Operating | -33.5 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | -0.5 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 17.3 | 38.0 | 54.2 | — | |
| Cash from Operating Activities | -16.5 | 134.5 | -145.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 248.3 | 304.4 | 91.3 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | -383.9 | — | |
| + Dividends Received — Investing | 3.8 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | -179.5 | -147.9 | 148.1 | — | |
| Cash from Investing Activities | -423.9 | -452.3 | -327.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 750.9 | 0.0 | 4.1 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 1.3 | 0.0 | — | |
| + Proceeds from Borrowings | 168.6 | 13.9 | 258.6 | — | |
| + Payment of Lease Liabilities | 2.6 | -2.5 | 0.0 | — | |
| + Interest Paid | 6.9 | -10.4 | 16.6 | — | |
| + Other Inflows / (Outflows) — Financing | -16.1 | -26.2 | -6.8 | — | |
| Cash from Financing Activities | 893.8 | 1.9 | 239.3 | — | |
| Net Changes in Cash (pre-FX) | 453.4 | -315.9 | -233.1 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.3 | — | |
| Net Changes in Cash | 453.4 | -315.9 | -232.9 | — | |
| Closing Cash | 555.7 | 239.8 | — | — | |
| Reference Items | |||||
| EBITDA | 132.3 | 241.2 | 363.6 | 384.0 | |
| EBITDA Margin % | 22.11 | 28.75 | 31.34 | 31.38 | |
| Free Cash Flow (CFO − Capex) | -264.7 | -169.9 | -236.7 | -236.7 | |
| Free Cash Flow to Equity | — | -151.6 | -9.0 | — | |
| Free Cash Flow per Basic Share | -19.95 | -12.80 | -17.84 | -17.84 | |
| Cash Flow to Net Income | -0.20 | 0.85 | -0.66 | — | |
| Cash Paid for Taxes | 17.3 | 38.0 | 54.2 | — | |
| Cash Paid for Interest | 6.9 | -10.4 | 16.6 | — | |