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 | 45.3 | 44.1 | 41.3 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 14.8 | 86.9 | — | |
| + Finance Costs | 34.6 | 32.9 | 0.0 | — | |
| + Interest Income | -2.2 | -2.6 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 0.0 | — | |
| + Share-based Payments | 2.2 | 1.4 | 1.7 | — | |
| + Unrealised FX (Gain) / Loss | 2.4 | 3.1 | 18.7 | — | |
| + Other Non-cash Items | -0.1 | 0.0 | -1.2 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -152.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | -56.1 | -36.2 | -134.9 | — | |
| + Trade Receivables — Current | 92.1 | -98.0 | 10.3 | — | |
| + Trade Payables — Current | 107.1 | 6.9 | 81.2 | — | |
| + Provisions — Current | 0.0 | 10.7 | 0.0 | — | |
| + Provisions — Non-current | 4.8 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 7.9 | 13.6 | 114.8 | 31.8 | |
| + Total Adjustments (incl. Working Capital) | 230.0 | -22.9 | -48.4 | — | |
| Cash from Operations (pre-tax) | 237.9 | -9.3 | 66.4 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | 9.9 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 27.3 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | 31.3 | — | |
| + Income Taxes Paid | 24.3 | 20.1 | 20.0 | — | |
| Cash from Operating Activities | 213.6 | -29.4 | 60.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 33.0 | 18.6 | 40.4 | — | |
| + Disp of Fixed Assets | 0.2 | 0.0 | 0.2 | — | |
| + Loans & Advances Repaid | -11.9 | 0.0 | 0.0 | — | |
| + Government Grants Received | 0.0 | 0.0 | 1.6 | — | |
| + Interest Received — Investing | 0.8 | 2.9 | 5.3 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -43.1 | -10.0 | — | |
| Cash from Investing Activities | -44.0 | -58.8 | -43.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 210.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 14.4 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 15.9 | 4.6 | 28.1 | — | |
| + Repayment of Borrowings | 93.2 | 50.8 | 13.5 | — | |
| + Payment of Lease Liabilities | 11.5 | 12.5 | 5.6 | — | |
| + Interest Paid | 32.4 | 30.1 | 25.6 | — | |
| + Dividends Paid | 9.1 | 3.9 | 8.8 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -10.2 | 0.0 | — | |
| Cash from Financing Activities | -144.8 | 107.1 | -25.4 | — | |
| Net Changes in Cash (pre-FX) | 24.8 | 19.0 | -8.2 | — | |
| + Effect of FX Rate Changes on Cash | 0.1 | 0.4 | 5.0 | — | |
| Net Changes in Cash | 24.9 | 19.3 | -3.2 | — | |
| Closing Cash | 46.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 85.8 | 96.7 | 135.4 | 121.6 | |
| EBITDA Margin % | 7.87 | 8.37 | 14.22 | 10.42 | |
| Free Cash Flow (CFO − Capex) | 180.5 | -47.9 | 20.0 | 20.0 | |
| Free Cash Flow to Equity | — | -106.9 | -28.4 | — | |
| Free Cash Flow per Basic Share | 122.46 | -32.52 | 13.58 | 13.58 | |
| Price to Free Cash Flow | — | — | — | 310.71 | |
| Cash Flow to Net Income | -77.52 | 15.23 | -1.17 | — | |
| Cash Paid for Taxes | 24.3 | 20.1 | 20.0 | — | |
| Cash Paid for Interest | 32.4 | 30.1 | 25.6 | — | |