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 | 53.3 | 70.0 | 85.8 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 11.5 | 9.7 | — | |
| + Finance Costs | 30.0 | 43.1 | 45.0 | — | |
| + Interest Income | -20.7 | -22.6 | 0.0 | — | |
| + Share-based Payments | 1.2 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 6.1 | 0.0 | -0.1 | — | |
| + Other Reconciling Items | 0.0 | 10.9 | 14.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 0.1 | 0.0 | 0.0 | — | |
| + Trade Receivables — Current | -39.5 | -36.2 | -79.2 | — | |
| + Other Financial Assets — Current | 16.7 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | -1.5 | 0.0 | — | |
| + Other Current Assets | 0.0 | 0.0 | 13.8 | — | |
| + Trade Payables — Current | 4.6 | 13.6 | 5.1 | — | |
| + Other Current Liabilities | 5.9 | 0.0 | -4.1 | — | |
| + Provisions — Current | 0.0 | 11.7 | 12.8 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 109.1 | 118.4 | 89.7 | 65.4 | |
| + Total Adjustments (incl. Working Capital) | 57.7 | 100.4 | 103.2 | — | |
| Cash from Operations (pre-tax) | 166.7 | 218.8 | 192.9 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -25.6 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | -3.8 | — | |
| + Income Taxes Paid | 26.9 | 31.9 | 31.8 | — | |
| Cash from Operating Activities | 139.8 | 186.9 | 139.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 157.3 | 202.4 | 59.8 | — | |
| + Disp of Fixed Assets | 0.1 | 1.0 | 0.4 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 1.3 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 1.3 | 0.0 | — | |
| + Government Grants Received | 0.0 | 45.0 | 5.0 | — | |
| + Interest Received — Investing | 5.3 | 0.7 | 3.8 | — | |
| + Income Taxes (Paid) / Refund — Investing | 0.0 | 0.0 | 1.0 | — | |
| + Other Inflows / (Outflows) — Investing | -0.4 | 6.5 | -4.1 | — | |
| Cash from Investing Activities | -152.3 | -149.2 | -55.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 1.2 | 0.1 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 0.1 | — | |
| + Proceeds from Borrowings | 134.2 | 181.0 | 94.7 | — | |
| + Repayment of Borrowings | 69.0 | 126.4 | 138.1 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.1 | 0.3 | — | |
| + Payment of Finance Lease Liabilities | 4.2 | — | — | — | |
| + Interest Paid | 27.5 | 43.0 | 49.4 | — | |
| Cash from Financing Activities | 34.7 | 11.5 | -93.0 | — | |
| Net Changes in Cash (pre-FX) | 22.2 | 49.2 | -9.3 | — | |
| Net Changes in Cash | 22.2 | 49.2 | -9.3 | — | |
| Closing Cash | 70.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 178.3 | 195.1 | 205.4 | 186.8 | |
| EBITDA Margin % | 20.43 | 20.89 | 19.51 | 17.51 | |
| Free Cash Flow (CFO − Capex) | -17.5 | -15.5 | 79.6 | 79.6 | |
| Free Cash Flow to Equity | — | -0.0 | -17.4 | — | |
| Free Cash Flow per Basic Share | -6.17 | -5.46 | 28.04 | 28.04 | |
| Price to Free Cash Flow | — | — | — | 13.27 | |
| Cash Flow to Net Income | 1.40 | 1.86 | 1.52 | — | |
| Cash Paid for Taxes | 26.9 | 31.9 | 31.8 | — | |
| Cash Paid for Interest | 27.5 | 43.0 | 49.4 | — | |