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 | 222.5 | 215.5 | 215.6 | — | |
| + Impairment Loss / (Reversal) | 0.0 | -9.3 | 0.0 | — | |
| + Finance Costs | 0.0 | 0.0 | 33.1 | — | |
| + Interest Income | 0.0 | 0.0 | -2.9 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | 0.8 | -0.2 | — | |
| + Other Non-cash Items | 79.4 | 0.3 | 0.0 | — | |
| + Other Reconciling Items | -4.5 | -5.5 | -3.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -107.8 | 38.4 | 254.8 | — | |
| + Trade Receivables — Current | -16.6 | 46.3 | 6.1 | — | |
| + Other Current Assets | 0.0 | -12.4 | 0.0 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 428.1 | -49.5 | -387.5 | — | |
| + Other Current Liabilities | 0.0 | -49.5 | 0.0 | — | |
| + Other Non-current Liabilities | 0.0 | 14.6 | 0.0 | — | |
| + Provisions — Current | -23.7 | -6.2 | -3.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -95.1 | -10.7 | 125.4 | 22.9 | |
| + Total Adjustments (incl. Working Capital) | 577.9 | 191.6 | 112.2 | — | |
| Cash from Operations (pre-tax) | 482.9 | 181.0 | 237.5 | — | |
| + Interest Received — Operating | -1.6 | -2.2 | 0.0 | — | |
| + Interest Paid — Operating | -161.8 | -102.9 | 0.0 | — | |
| + Income Taxes Paid | -0.7 | 1.3 | 8.0 | — | |
| Cash from Operating Activities | 643.8 | 280.4 | 229.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 8.5 | 20.6 | 116.4 | — | |
| + Disp of Fixed Assets | 0.1 | 30.9 | 10.4 | — | |
| + Disp of Investment Property | 0.1 | 0.0 | 658.9 | — | |
| + Acq of Other Long-term Assets | 0.0 | -3.3 | -0.9 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | -1.7 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.7 | 2.2 | 2.8 | — | |
| + Other Inflows / (Outflows) — Investing | 6.3 | 3.8 | 3.9 | — | |
| Cash from Investing Activities | -0.4 | 19.5 | 562.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 15.1 | 0.0 | 390.4 | — | |
| + Repayment of Borrowings | 472.1 | 272.8 | 283.9 | — | |
| + Payment of Lease Liabilities | 2.6 | 0.0 | 0.0 | — | |
| + Interest Paid | 155.1 | 7.9 | 882.2 | — | |
| Cash from Financing Activities | -614.6 | -280.7 | -775.7 | — | |
| Net Changes in Cash (pre-FX) | 28.8 | 19.2 | 16.0 | — | |
| Net Changes in Cash | 28.8 | 19.2 | 16.0 | — | |
| Closing Cash | 52.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 247.2 | 289.7 | 365.6 | 272.7 | |
| EBITDA Margin % | 4.05 | 5.20 | 6.70 | 5.11 | |
| Free Cash Flow (CFO − Capex) | 635.4 | 259.8 | 113.2 | 113.2 | |
| Free Cash Flow to Equity | — | -13.3 | -798.6 | — | |
| Free Cash Flow per Basic Share | 0.21 | 0.09 | 0.04 | 0.04 | |
| Price to Free Cash Flow | — | — | — | 575.02 | |
| Cash Flow to Net Income | -7.41 | -11.32 | 1.82 | — | |
| Cash Paid for Taxes | -0.7 | 1.3 | 8.0 | — | |
| Cash Paid for Interest | 155.1 | 7.9 | 882.2 | — | |