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 | 56.4 | 71.6 | 84.5 | — | |
| + Impairment Loss / (Reversal) | -14.8 | 0.0 | 0.0 | — | |
| + Finance Costs | 70.5 | 74.9 | 98.0 | — | |
| + Interest Income | -1.0 | -2.2 | -3.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.3 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | -0.1 | 0.1 | — | |
| + Other Non-cash Items | -7.5 | -5.1 | -6.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -54.0 | -3.8 | -18.3 | — | |
| + Trade Receivables — Current | -38.5 | 8.2 | -16.7 | — | |
| + Other Financial Assets — Current | 0.0 | -1.5 | -1.3 | — | |
| + Other Financial Assets — Non-current | -9.0 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | -0.7 | 0.3 | — | |
| + Other Non-current Assets | -3.3 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 71.8 | 73.3 | -14.6 | — | |
| + Other Financial Liabilities — Current | -0.4 | -0.7 | 29.4 | — | |
| + Other Current Liabilities | 0.0 | 19.5 | -21.2 | — | |
| + Other Non-current Liabilities | 10.5 | 0.0 | 0.0 | — | |
| + Provisions — Current | -0.1 | 0.4 | 0.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -106.9 | -174.5 | -156.5 | -174.7 | |
| + Total Adjustments (incl. Working Capital) | 80.7 | 233.9 | 131.6 | — | |
| Cash from Operations (pre-tax) | -26.2 | 59.4 | -24.9 | — | |
| + Income Taxes Paid | 0.5 | -0.1 | 0.2 | — | |
| Cash from Operating Activities | -26.7 | 59.6 | -25.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 114.0 | 84.6 | 226.2 | — | |
| + Disp of Fixed Assets | 24.0 | 8.0 | 5.0 | — | |
| + Interest Received — Investing | 1.0 | 1.5 | 2.0 | — | |
| + Other Inflows / (Outflows) — Investing | -7.0 | -5.5 | -29.0 | — | |
| Cash from Investing Activities | -96.0 | -80.6 | -248.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 150.3 | 19.9 | 375.0 | — | |
| + Repayment of Borrowings | 0.0 | 18.0 | 20.1 | — | |
| + Payment of Lease Liabilities | 0.2 | 0.2 | 5.3 | — | |
| + Interest Paid | 60.4 | 71.2 | 76.1 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 80.0 | 0.0 | — | |
| Cash from Financing Activities | 89.7 | 10.5 | 273.5 | — | |
| Net Changes in Cash (pre-FX) | -33.0 | -10.5 | 0.0 | — | |
| Net Changes in Cash | -33.0 | -10.5 | 0.0 | — | |
| Closing Cash | 10.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | -3.2 | -29.3 | 16.1 | 13.1 | |
| EBITDA Margin % | -1.21 | -10.67 | 3.63 | 2.71 | |
| Free Cash Flow (CFO − Capex) | -140.7 | -25.0 | -251.4 | -251.4 | |
| Free Cash Flow to Equity | — | -14.3 | 30.0 | — | |
| Free Cash Flow per Basic Share | -15.26 | -2.72 | -27.27 | -27.27 | |
| Cash Flow to Net Income | 0.41 | -0.39 | 0.37 | — | |
| Cash Paid for Taxes | 0.5 | -0.1 | 0.2 | — | |
| Cash Paid for Interest | 60.4 | 71.2 | 76.1 | — | |