In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | Last 12M 30/09/2025 | |
|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | |||||
| + Depreciation & Amortisation | 35.9 | 38.9 | 40.1 | — | |
| + Finance Costs | 33.5 | 35.8 | 35.4 | — | |
| + Interest Income | -4.0 | -4.4 | -13.1 | — | |
| + Fair Value (Gains) / Losses | -0.7 | -1.0 | -1.6 | — | |
| + Other Non-cash Items | -3.9 | -2.6 | -2.2 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -1.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -2.1 | -104.7 | -48.4 | — | |
| + Trade Receivables — Current | 12.6 | -33.6 | 36.0 | — | |
| + Other Financial Assets — Current | -109.5 | -66.7 | -24.2 | — | |
| + Other Current Assets | -37.4 | -10.0 | -14.2 | — | |
| + Trade Payables — Current | 9.7 | 42.1 | -18.1 | — | |
| + Other Financial Liabilities — Current | 65.3 | 1.5 | 7.7 | — | |
| + Other Current Liabilities | 94.8 | 43.5 | 33.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 90.6 | 172.3 | 154.9 | 95.4 | |
| + Total Adjustments (incl. Working Capital) | 94.2 | -61.2 | 29.1 | — | |
| Cash from Operations (pre-tax) | 184.7 | 111.1 | 184.1 | — | |
| + Income Taxes Paid | 16.1 | 34.5 | 32.3 | — | |
| Cash from Operating Activities | 168.6 | 76.6 | 151.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 52.6 | 35.7 | 78.4 | — | |
| + Disp of Fixed Assets | 1.0 | 1.6 | 3.8 | — | |
| + Purchase of Investments (Equity / Debt) | 45.4 | 34.8 | 21.5 | — | |
| + Sale of Investments (Equity / Debt) | 26.7 | 31.9 | 29.6 | — | |
| + Interest Received — Investing | 0.9 | 2.2 | 5.1 | — | |
| + Other Inflows / (Outflows) — Investing | 1.5 | -8.5 | -26.8 | — | |
| Cash from Investing Activities | -67.9 | -43.3 | -88.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 21.7 | 89.5 | 59.0 | — | |
| + Repayment of Borrowings | 75.3 | 72.3 | 49.2 | — | |
| + Payment of Lease Liabilities | 4.5 | 0.5 | 5.5 | — | |
| + Payment of Finance Lease Liabilities | 0.0 | 5.1 | — | — | |
| + Interest Paid | 30.3 | 0.0 | 35.3 | — | |
| + Dividends Paid | 12.9 | 34.0 | 17.6 | — | |
| Cash from Financing Activities | -101.3 | -22.4 | -48.7 | — | |
| Net Changes in Cash (pre-FX) | -0.6 | 11.0 | 14.9 | — | |
| Net Changes in Cash | -0.6 | 11.0 | 14.9 | — | |
| Closing Cash | 7.8 | 18.8 | — | — | |
| Reference Items | |||||
| EBITDA | 142.5 | 224.5 | 198.8 | 144.3 | |
| EBITDA Margin % | 6.06 | 10.78 | 9.69 | 7.25 | |
| Free Cash Flow (CFO − Capex) | 116.0 | 40.9 | 73.4 | 73.4 | |
| Free Cash Flow to Equity | — | 58.3 | 47.6 | — | |
| Free Cash Flow per Basic Share | 13.33 | 4.70 | 8.44 | 8.44 | |
| Price to Free Cash Flow | — | — | — | 4.95 | |
| Cash Flow to Net Income | 2.80 | 0.66 | 1.50 | — | |
| Cash Paid for Taxes | 16.1 | 34.5 | 32.3 | — | |
| Cash Paid for Interest | 30.3 | 0.0 | 35.3 | — | |