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 | 57.9 | 60.6 | 79.2 | — | |
| + Finance Costs | 172.8 | 125.1 | 134.6 | — | |
| + Interest Income | 2.3 | -3.3 | -3.1 | — | |
| + Share-based Payments | 0.0 | 0.0 | 4.2 | — | |
| + Unrealised FX (Gain) / Loss | 1.0 | -1.7 | 3.4 | — | |
| + Other Non-cash Items | 12.9 | -5.5 | -5.3 | — | |
| + Other Reconciling Items | -0.2 | -0.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 136.1 | -149.8 | -178.7 | — | |
| + Trade Receivables — Current | -295.5 | -506.8 | -61.9 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -68.2 | — | |
| + Other Current Assets | -12.6 | -62.4 | 0.0 | — | |
| + Other Current Liabilities | 106.5 | -330.2 | 244.7 | — | |
| + Provisions — Current | 0.0 | 0.0 | 7.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 12.8 | 265.7 | 351.2 | 343.4 | |
| + Total Adjustments (incl. Working Capital) | 181.1 | -874.4 | 156.5 | — | |
| Cash from Operations (pre-tax) | 193.8 | -608.7 | 507.7 | — | |
| + Income Taxes Paid | 8.2 | 69.7 | 145.7 | — | |
| Cash from Operating Activities | 185.7 | -678.4 | 362.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 46.0 | 130.5 | 349.4 | — | |
| + Disp of Fixed Assets | 1.5 | 0.0 | 3.6 | — | |
| + Disp of Investment Property | 0.0 | 2.7 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 54.3 | 0.0 | — | |
| + Interest Received — Investing | 2.3 | 3.3 | 3.1 | — | |
| + Other Inflows / (Outflows) — Investing | -12.2 | -3.6 | 11.8 | — | |
| Cash from Investing Activities | -54.5 | -182.4 | -331.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 975.9 | 0.0 | — | |
| + Proceeds from Borrowings | 156.3 | 309.1 | 287.6 | — | |
| + Repayment of Borrowings | 114.2 | 235.4 | 39.7 | — | |
| + Payment of Lease Liabilities | 2.7 | 2.9 | 2.7 | — | |
| + Interest Paid | 171.6 | 125.1 | 134.0 | — | |
| + Dividends Paid | 0.0 | 0.0 | 100.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -0.7 | — | |
| Cash from Financing Activities | -132.2 | 921.6 | 9.9 | — | |
| Net Changes in Cash (pre-FX) | -1.0 | 60.8 | 40.8 | — | |
| Net Changes in Cash | -1.0 | 60.8 | 40.8 | — | |
| Closing Cash | 27.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 242.1 | 430.6 | 541.8 | 545.7 | |
| EBITDA Margin % | 3.16 | 5.33 | 7.16 | 7.18 | |
| Free Cash Flow (CFO − Capex) | 139.6 | -808.9 | 12.5 | 12.5 | |
| Free Cash Flow to Equity | — | -860.3 | 126.5 | — | |
| Free Cash Flow per Basic Share | 4.99 | -28.92 | 0.45 | 0.45 | |
| Price to Free Cash Flow | — | — | — | 1,367.49 | |
| Cash Flow to Net Income | 101.53 | -3.48 | 1.64 | — | |
| Cash Paid for Taxes | 8.2 | 69.7 | 145.7 | — | |
| Cash Paid for Interest | 171.6 | 125.1 | 134.0 | — | |