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 | 11.3 | 15.3 | 22.3 | — | |
| + Finance Costs | 30.3 | 34.2 | 47.3 | — | |
| + Interest Income | -1.8 | -2.7 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 6.3 | — | |
| + Other Non-cash Items | 0.4 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -92.0 | -167.1 | -163.5 | — | |
| + Trade Receivables — Current | -88.7 | -3.1 | -203.3 | — | |
| + Other Financial Assets — Current | -7.9 | 0.0 | 11.3 | — | |
| + Other Current Assets | -23.1 | -50.4 | -72.0 | — | |
| + Trade Payables — Current | 53.4 | 111.5 | 77.5 | — | |
| + Other Financial Liabilities — Current | 5.3 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 2.6 | -2.5 | 12.9 | — | |
| + Provisions — Current | -0.1 | 0.5 | 0.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 44.1 | 82.5 | 154.8 | 167.2 | |
| + Total Adjustments (incl. Working Capital) | -110.3 | -64.3 | -260.5 | — | |
| Cash from Operations (pre-tax) | -66.2 | 18.2 | -105.7 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -4.2 | — | |
| + Income Taxes Paid | 2.5 | 7.0 | 19.8 | — | |
| Cash from Operating Activities | -68.7 | 11.3 | -129.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 53.9 | 96.3 | 227.6 | — | |
| + Interest Received — Investing | 1.8 | 2.7 | 4.2 | — | |
| + Other Inflows / (Outflows) — Investing | -9.3 | -1.7 | -133.5 | — | |
| Cash from Investing Activities | -61.4 | -95.2 | -356.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 289.7 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 33.7 | 0.0 | — | |
| + Proceeds from Borrowings | 56.7 | 127.1 | 10.0 | — | |
| + Repayment of Borrowings | 0.0 | 0.0 | 111.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.9 | 1.5 | — | |
| + Interest Paid | 30.3 | 34.2 | 47.3 | — | |
| + Dividends Paid | 0.6 | 1.5 | 8.3 | — | |
| + Other Inflows / (Outflows) — Financing | 104.2 | 0.0 | 405.1 | — | |
| Cash from Financing Activities | 130.0 | 124.0 | 535.9 | — | |
| Net Changes in Cash (pre-FX) | -0.1 | 40.1 | 49.2 | — | |
| Net Changes in Cash | -0.1 | 40.1 | 49.2 | — | |
| Closing Cash | 0.2 | 40.3 | — | — | |
| Reference Items | |||||
| EBITDA | 83.9 | 129.2 | 218.2 | 231.0 | |
| EBITDA Margin % | 22.57 | 22.99 | 24.12 | 22.60 | |
| Free Cash Flow (CFO − Capex) | -122.6 | -85.0 | -357.4 | -357.4 | |
| Free Cash Flow to Equity | — | 13.3 | -203.1 | — | |
| Free Cash Flow per Basic Share | -3.43 | -2.38 | -10.00 | -10.00 | |
| Cash Flow to Net Income | -2.21 | 0.20 | -1.21 | — | |
| Cash Paid for Taxes | 2.5 | 7.0 | 19.8 | — | |
| Cash Paid for Interest | 30.3 | 34.2 | 47.3 | — | |