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 | 131.7 | 135.4 | 95.4 | — | |
| + Impairment Loss / (Reversal) | -1.2 | 0.0 | 0.0 | — | |
| + Finance Costs | 29.2 | 31.5 | 14.2 | — | |
| + Interest Income | -1.3 | -3.3 | -2.6 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -8.8 | — | |
| + Share-based Payments | 0.6 | 0.3 | 2.3 | — | |
| + Unrealised FX (Gain) / Loss | 0.2 | -1.2 | -2.5 | — | |
| + Other Non-cash Items | 0.0 | -9.6 | 216.6 | — | |
| + Other — Cash Effects are Investing / Financing | -15.2 | -3.4 | -7.3 | — | |
| + Other Reconciling Items | -0.9 | 0.0 | -0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 19.4 | 7.5 | 61.4 | — | |
| + Trade Receivables — Current | -12.8 | 9.2 | 1.9 | — | |
| + Trade Payables — Current | -7.5 | 15.9 | -19.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -53.6 | -74.1 | 143.0 | 447.0 | |
| + Total Adjustments (incl. Working Capital) | 142.2 | 182.3 | 351.6 | — | |
| Cash from Operations (pre-tax) | 88.6 | 108.2 | 494.6 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -71.5 | — | |
| + Income Taxes Paid | 19.9 | 8.4 | 0.0 | — | |
| Cash from Operating Activities | 68.7 | 99.8 | 423.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 216.7 | 109.1 | 198.5 | — | |
| + Disp of Fixed Assets | 0.2 | 1.0 | 1.7 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 841.2 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 299.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | -2.1 | — | |
| + Investment in Partnership Firms / LLPs | 0.0 | 17.8 | 0.0 | — | |
| + Government Grants Received | 57.3 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.2 | 3.3 | 2.6 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -19.4 | 0.0 | — | |
| Cash from Investing Activities | -157.9 | -142.1 | -738.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.7 | 0.0 | 392.2 | — | |
| + Payments for Other Equity Instruments | 8.4 | 0.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 190.5 | 0.0 | — | |
| + Proceeds from Borrowings | 220.1 | 0.0 | 2.0 | — | |
| + Repayment of Borrowings | 65.9 | 322.3 | 91.6 | — | |
| + Payment of Lease Liabilities | 0.0 | 2.7 | 0.5 | — | |
| + Payment of Finance Lease Liabilities | 3.0 | — | — | — | |
| + Interest Paid | 32.9 | 41.1 | 16.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 122.9 | 37.9 | — | |
| Cash from Financing Activities | 110.6 | -52.7 | 323.4 | — | |
| Net Changes in Cash (pre-FX) | 21.4 | -95.0 | 8.4 | — | |
| Net Changes in Cash | 21.4 | -95.0 | 8.4 | — | |
| Closing Cash | 147.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 53.7 | 57.6 | 441.0 | 505.2 | |
| EBITDA Margin % | 3.92 | 3.89 | 28.35 | 31.28 | |
| Free Cash Flow (CFO − Capex) | -147.9 | -9.4 | 224.6 | 224.6 | |
| Free Cash Flow to Equity | — | -370.8 | 119.4 | — | |
| Free Cash Flow per Basic Share | -10.55 | -0.67 | 16.02 | 16.02 | |
| Price to Free Cash Flow | — | — | — | 31.34 | |
| Cash Flow to Net Income | -1.37 | -1.15 | 3.32 | — | |
| Cash Paid for Taxes | 19.9 | 8.4 | 0.0 | — | |
| Cash Paid for Interest | 32.9 | 41.1 | 16.6 | — | |