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 | 22.3 | 34.1 | 42.8 | — | |
| + Finance Costs | 34.4 | 37.5 | 27.2 | — | |
| + Interest Income | -27.5 | -24.8 | -16.9 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -19.6 | — | |
| + Share-based Payments | 5.4 | 6.0 | -3.2 | — | |
| + Unrealised FX (Gain) / Loss | -0.3 | 4.3 | -2.4 | — | |
| + Other Non-cash Items | 0.1 | 12.1 | 4.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -39.1 | -11.2 | -66.4 | — | |
| + Trade Receivables — Current | -63.8 | -92.1 | 52.7 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -43.8 | — | |
| + Other Financial Assets — Non-current | 2.1 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | 10.9 | -10.7 | — | |
| + Trade Payables — Current | 34.1 | -87.9 | 12.2 | — | |
| + Other Current Liabilities | -100.9 | -17.3 | 7.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 82.1 | 91.7 | 93.2 | 105.3 | |
| + Total Adjustments (incl. Working Capital) | -133.1 | -128.4 | -16.9 | — | |
| Cash from Operations (pre-tax) | -51.0 | -36.7 | 76.3 | — | |
| + Income Taxes Paid | 19.5 | 25.7 | 22.4 | — | |
| Cash from Operating Activities | -70.5 | -62.4 | 53.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 33.8 | 50.0 | 44.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 115.9 | -8.4 | — | |
| + Interest Received — Investing | 10.7 | 38.3 | 24.0 | — | |
| + Other Inflows / (Outflows) — Investing | -404.6 | 254.2 | 175.9 | — | |
| Cash from Investing Activities | -427.7 | 126.7 | 163.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 700.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.1 | — | |
| + Buyback / Redemption of Own Shares | 30.6 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 446.8 | 1,110.9 | 82.4 | — | |
| + Repayment of Borrowings | 611.5 | 1,094.2 | 233.6 | — | |
| + Payment of Lease Liabilities | 6.5 | 10.7 | 12.9 | — | |
| + Interest Paid | 19.2 | 64.4 | 23.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -0.4 | 0.0 | — | |
| Cash from Financing Activities | 479.0 | -58.7 | -187.6 | — | |
| Net Changes in Cash (pre-FX) | -19.3 | 5.5 | 29.9 | — | |
| + Effect of FX Rate Changes on Cash | -0.2 | -0.1 | 3.0 | — | |
| Net Changes in Cash | -19.5 | 5.4 | 32.9 | — | |
| Closing Cash | 41.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 111.0 | 137.2 | 126.8 | 140.9 | |
| EBITDA Margin % | 9.31 | 9.03 | 10.05 | 10.39 | |
| Free Cash Flow (CFO − Capex) | -104.3 | -112.4 | 9.2 | 9.2 | |
| Free Cash Flow to Equity | — | -66.6 | -151.9 | — | |
| Free Cash Flow per Basic Share | -13.14 | -14.16 | 1.16 | 1.16 | |
| Price to Free Cash Flow | — | — | — | 790.20 | |
| Cash Flow to Net Income | -1.15 | -0.92 | 0.74 | — | |
| Cash Paid for Taxes | 19.5 | 25.7 | 22.4 | — | |
| Cash Paid for Interest | 19.2 | 64.4 | 23.5 | — | |