In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 22.3 | 30.8 | 24.5 | |
| + Finance Costs | 33.6 | 40.6 | 27.7 | |
| + Interest Income | -1.9 | -1.8 | -0.7 | |
| + Fair Value (Gains) / Losses | 0.0 | -0.6 | -0.3 | |
| + Other Non-cash Items | 0.0 | -1.4 | 27.3 | |
| + Other — Cash Effects are Investing / Financing | -28.5 | 0.0 | 0.0 | |
| + Other Reconciling Items | 25.2 | 0.0 | 0.2 | |
| Changes in Working Capital | ||||
| + Inventories | -1.9 | -0.3 | -0.4 | |
| + Trade Receivables — Current | -2.1 | 0.3 | 1.5 | |
| + Other Financial Assets — Current | 0.0 | -5.7 | -2.2 | |
| + Other Financial Assets — Non-current | -1.4 | 0.0 | 0.0 | |
| + Other Current Assets | -4.3 | -7.9 | 11.0 | |
| + Trade Payables — Current | 13.8 | 3.0 | -0.8 | |
| + Other Financial Liabilities — Current | 45.2 | -11.3 | -2.7 | |
| + Other Current Liabilities | 2.1 | -0.0 | 1.2 | |
| + Provisions — Current | 1.8 | 0.3 | 0.1 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | -28.1 | -3.7 | -36.8 | |
| + Total Adjustments (incl. Working Capital) | 103.8 | 46.1 | 86.3 | |
| Cash from Operations (pre-tax) | 75.8 | 42.3 | 49.5 | |
| + Income Taxes Paid | -0.5 | 0.5 | -0.2 | |
| Cash from Operating Activities | 76.3 | 41.8 | 49.7 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 2.6 | 17.5 | 41.3 | |
| + Acq of Intangible Assets | 0.1 | 0.0 | 0.0 | |
| + Disp of Fixed Assets | 3.1 | 0.0 | 0.0 | |
| + Disp of Investment Property | 0.0 | 0.0 | 146.7 | |
| + Loans & Advances Repaid | 0.0 | 1.6 | 3.8 | |
| + Interest Received — Investing | 11.0 | 1.7 | 1.5 | |
| + Other Inflows / (Outflows) — Investing | 4.2 | 0.0 | 0.0 | |
| Cash from Investing Activities | 15.7 | -14.1 | 110.6 | |
| Cash from Financing Activities | ||||
| + Proceeds from Issue of Shares | 7.9 | 0.0 | 0.0 | |
| + Proceeds from Other Equity Instruments | 20.3 | 14.9 | 11.3 | |
| + Proceeds from Borrowings | 0.0 | 0.0 | 0.1 | |
| + Repayment of Borrowings | 79.0 | 12.9 | 114.8 | |
| + Payment of Lease Liabilities | 10.8 | 2.1 | 7.5 | |
| + Interest Paid | 32.8 | 40.3 | 28.3 | |
| + Other Inflows / (Outflows) — Financing | 0.6 | 0.4 | 0.0 | |
| Cash from Financing Activities | -93.8 | -40.1 | -139.2 | |
| Net Changes in Cash (pre-FX) | -1.8 | -12.5 | 21.1 | |
| Net Changes in Cash | -1.8 | -12.5 | 21.1 | |
| Closing Cash | 24.7 | 12.2 | — | |
| Reference Items | ||||
| EBITDA | 24.2 | 62.1 | 39.9 | |
| EBITDA Margin % | 17.24 | 25.07 | 18.96 | |
| Free Cash Flow (CFO − Capex) | 73.7 | 24.3 | 8.4 | |
| Free Cash Flow to Equity | — | -28.9 | -249.2 | |
| Free Cash Flow per Basic Share | 21.50 | 7.09 | 2.44 | |
| Cash Flow to Net Income | 46.08 | -9.20 | -2.82 | |
| Cash Paid for Taxes | -0.5 | 0.5 | -0.2 | |
| Cash Paid for Interest | 32.8 | 40.3 | 28.3 | |