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 | 32.4 | 35.9 | 39.6 | — | |
| + Impairment Loss / (Reversal) | 5.1 | 1.5 | 1.0 | — | |
| + Finance Costs | 20.9 | 23.4 | 19.7 | — | |
| + Interest Income | -0.4 | -4.6 | -3.7 | — | |
| + Share-based Payments | 0.5 | 0.1 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -2.4 | -3.8 | -11.4 | — | |
| + Undistributed Profits of Associates | 0.0 | -0.4 | 0.1 | — | |
| + Other Reconciling Items | -0.2 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -42.6 | -48.0 | -38.0 | — | |
| + Trade Receivables — Current | -34.1 | -78.8 | -10.6 | — | |
| + Other Non-current Assets | 18.7 | 1.2 | -4.8 | — | |
| + Trade Payables — Current | 10.3 | -10.4 | 24.8 | — | |
| + Other Financial Liabilities — Current | -12.9 | 7.9 | -6.2 | — | |
| + Provisions — Current | 1.1 | 1.2 | 1.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 80.8 | 87.9 | 129.9 | 141.7 | |
| + Total Adjustments (incl. Working Capital) | -3.6 | -74.1 | 11.6 | — | |
| Cash from Operations (pre-tax) | 77.2 | 13.8 | 141.5 | — | |
| + Income Taxes Paid | 19.4 | 20.7 | 32.8 | — | |
| Cash from Operating Activities | 57.8 | -6.9 | 108.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 93.1 | 47.3 | 111.5 | — | |
| + Disp of Fixed Assets | 1.2 | 0.3 | 0.3 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 18.6 | — | |
| + Acq of Investment Property | 10.1 | 0.0 | 0.3 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 0.1 | — | |
| + Interest Received — Investing | 0.4 | 4.6 | 3.7 | — | |
| Cash from Investing Activities | -101.6 | -42.5 | -89.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.3 | 121.8 | 1.3 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 3.4 | -0.3 | — | |
| + Proceeds from Borrowings | 77.4 | 0.0 | 46.3 | — | |
| + Repayment of Borrowings | 0.0 | 32.8 | 42.1 | — | |
| + Payment of Lease Liabilities | 2.7 | 3.4 | 3.9 | — | |
| + Interest Paid | 21.0 | 23.1 | 19.8 | — | |
| + Dividends Paid | 5.5 | 5.7 | 6.9 | — | |
| Cash from Financing Activities | 48.4 | 53.4 | -24.7 | — | |
| Net Changes in Cash (pre-FX) | 4.7 | 4.1 | -5.2 | — | |
| Net Changes in Cash | 4.7 | 4.1 | -5.2 | — | |
| Closing Cash | 8.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 128.7 | 137.3 | 177.2 | 186.7 | |
| EBITDA Margin % | 18.83 | 16.84 | 19.18 | 19.47 | |
| Free Cash Flow (CFO − Capex) | -35.3 | -54.2 | -2.8 | -2.8 | |
| Free Cash Flow to Equity | — | -110.1 | -18.4 | — | |
| Free Cash Flow per Basic Share | -12.40 | -19.04 | -0.99 | -0.99 | |
| Cash Flow to Net Income | 0.99 | -0.11 | 1.10 | — | |
| Cash Paid for Taxes | 19.4 | 20.7 | 32.8 | — | |
| Cash Paid for Interest | 21.0 | 23.1 | 19.8 | — | |