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 | 0.0 | 53.9 | 58.8 | — | |
| + Finance Costs | 45.3 | 67.1 | 63.0 | — | |
| + Interest Income | -2.3 | -1.6 | -1.7 | — | |
| + Share-based Payments | 0.0 | 0.0 | 0.3 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 2.6 | — | |
| + Other Non-cash Items | 47.6 | 4.3 | -3.8 | — | |
| + Other Reconciling Items | -12.8 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -263.3 | -12.4 | 81.2 | — | |
| + Trade Receivables — Current | 65.5 | 30.7 | -8.7 | — | |
| + Other Financial Assets — Current | -0.2 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.4 | -0.2 | 0.1 | — | |
| + Other Current Assets | 5.2 | 5.2 | -25.9 | — | |
| + Other Non-current Assets | -0.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -26.3 | -26.8 | 9.0 | — | |
| + Other Financial Liabilities — Current | -9.8 | 4.9 | 4.1 | — | |
| + Other Current Liabilities | 2.4 | -2.2 | -0.6 | — | |
| + Provisions — Current | -2.7 | -0.5 | -0.9 | — | |
| + Provisions — Non-current | 1.9 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 65.5 | 15.7 | 40.9 | 55.6 | |
| + Total Adjustments (incl. Working Capital) | -149.3 | 122.4 | 177.4 | — | |
| Cash from Operations (pre-tax) | -83.8 | 138.1 | 218.3 | — | |
| + Income Taxes Paid | 17.5 | 8.6 | -1.6 | — | |
| Cash from Operating Activities | -101.3 | 129.6 | 219.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 170.7 | 145.7 | 44.4 | — | |
| + Disp of Fixed Assets | 26.7 | 1.0 | 2.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 2.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.8 | 1.7 | 0.7 | — | |
| + Other Inflows / (Outflows) — Investing | -24.1 | -2.4 | 2.6 | — | |
| Cash from Investing Activities | -166.3 | -145.5 | -41.5 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 0.0 | 0.0 | 5.1 | — | |
| + Proceeds from Borrowings | 320.7 | 169.8 | 60.0 | — | |
| + Repayment of Borrowings | 78.3 | 64.3 | 158.1 | — | |
| + Payment of Lease Liabilities | 3.9 | 5.1 | 5.6 | — | |
| + Interest Paid | 45.9 | 64.9 | 61.3 | — | |
| + Dividends Paid | 23.1 | 16.7 | 8.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 169.6 | 18.8 | -178.5 | — | |
| Net Changes in Cash (pre-FX) | -98.1 | 2.9 | -0.2 | — | |
| Net Changes in Cash | -98.1 | 2.9 | -0.2 | — | |
| Closing Cash | 6.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 136.4 | 134.8 | 130.9 | 138.4 | |
| EBITDA Margin % | 5.70 | 5.01 | 4.18 | 4.24 | |
| Free Cash Flow (CFO − Capex) | -272.0 | -16.2 | 175.5 | 175.5 | |
| Free Cash Flow to Equity | — | 24.3 | 16.1 | — | |
| Free Cash Flow per Basic Share | -40.97 | -2.44 | 26.44 | 26.44 | |
| Price to Free Cash Flow | — | — | — | 4.58 | |
| Cash Flow to Net Income | -2.18 | 8.82 | 8.73 | — | |
| Cash Paid for Taxes | 17.5 | 8.6 | -1.6 | — | |
| Cash Paid for Interest | 45.9 | 64.9 | 61.3 | — | |