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 | 25.0 | 35.0 | 43.7 | — | |
| + Finance Costs | 31.3 | 57.1 | 55.6 | — | |
| + Interest Income | 7.4 | 6.2 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 2.0 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -1.0 | -1.4 | -8.6 | — | |
| + Other Reconciling Items | 1.6 | -16.7 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -95.5 | -101.4 | -0.4 | — | |
| + Trade Receivables — Current | -222.3 | -273.2 | 97.5 | — | |
| + Other Financial Assets — Current | -0.1 | 0.1 | 0.4 | — | |
| + Other Current Assets | -41.3 | 27.5 | -20.1 | — | |
| + Other Non-current Assets | -2.7 | -0.4 | 1.4 | — | |
| + Trade Payables — Current | 37.9 | -7.2 | 35.1 | — | |
| + Other Financial Liabilities — Current | 4.3 | 5.5 | 6.1 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -2.5 | — | |
| + Other Current Liabilities | -22.7 | 33.8 | -4.0 | — | |
| + Provisions — Current | 2.4 | 3.9 | 5.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 147.0 | 194.4 | 253.0 | 246.2 | |
| + Total Adjustments (incl. Working Capital) | -273.8 | -231.1 | 209.8 | — | |
| Cash from Operations (pre-tax) | -126.8 | -36.7 | 462.8 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -6.7 | — | |
| + Other Inflows / (Outflows) — Operating | -16.9 | -12.5 | 4.2 | — | |
| + Income Taxes Paid | 37.8 | 41.0 | 73.5 | — | |
| Cash from Operating Activities | -181.5 | -90.1 | 386.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 43.6 | -72.3 | -77.9 | — | |
| + Acq of Intangible Assets | 3.8 | -6.4 | -4.8 | — | |
| + Disp of Fixed Assets | -9.5 | 0.0 | 2.2 | — | |
| + Acq of Investment Property | 0.0 | -0.0 | -0.2 | — | |
| + Disp of Investment Property | 0.0 | 4.5 | 0.0 | — | |
| + Interest Received — Investing | -7.4 | 6.2 | 6.7 | — | |
| + Other Inflows / (Outflows) — Investing | 20.8 | -13.1 | -11.0 | — | |
| Cash from Investing Activities | -43.6 | 76.3 | 80.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 225.0 | 0.0 | 43.5 | — | |
| + Proceeds from Borrowings | 804.7 | -827.7 | 583.4 | — | |
| + Repayment of Borrowings | 756.0 | -626.2 | 763.5 | — | |
| + Interest Paid | 19.2 | -41.2 | -38.1 | — | |
| + Dividends Paid | 15.3 | -19.1 | -20.9 | — | |
| + Other Inflows / (Outflows) — Financing | -6.8 | 89.8 | -284.1 | — | |
| Cash from Financing Activities | 232.4 | -51.5 | -361.6 | — | |
| Net Changes in Cash (pre-FX) | 7.3 | -65.3 | 105.8 | — | |
| Net Changes in Cash | 7.3 | -65.3 | 105.8 | — | |
| Closing Cash | 45.2 | 20.1 | — | — | |
| Reference Items | |||||
| EBITDA | 191.6 | 269.0 | 333.8 | 325.9 | |
| EBITDA Margin % | 21.08 | 25.59 | 28.70 | 28.59 | |
| Free Cash Flow (CFO − Capex) | -229.0 | -11.5 | 469.4 | 469.4 | |
| Free Cash Flow to Equity | — | 133.2 | 295.5 | — | |
| Free Cash Flow per Basic Share | -24.12 | -1.21 | 49.44 | 49.44 | |
| Price to Free Cash Flow | — | — | — | 34.49 | |
| Cash Flow to Net Income | -1.50 | -0.59 | 2.00 | — | |
| Cash Paid for Taxes | 37.8 | 41.0 | 73.5 | — | |
| Cash Paid for Interest | 19.2 | -41.2 | -38.1 | — | |