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 | 21.9 | 18.8 | 25.7 | — | |
| + Finance Costs | 17.1 | 0.0 | 65.9 | — | |
| + Fair Value (Gains) / Losses | -7.2 | 0.0 | -18.1 | — | |
| + Unrealised FX (Gain) / Loss | 44.0 | 2.5 | 0.0 | — | |
| + Other Non-cash Items | 8.4 | 1.4 | -7.9 | — | |
| + Other — Cash Effects are Investing / Financing | -11.4 | -27.7 | 75.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 20.6 | 5.3 | -23.6 | — | |
| + Trade Receivables — Current | 1.2 | 4.7 | -6.8 | — | |
| + Other Financial Assets — Current | 0.2 | 0.0 | -4.2 | — | |
| + Other Financial Assets — Non-current | 0.1 | 0.0 | 0.0 | — | |
| + Other Current Assets | 4.7 | -1.9 | -125.5 | — | |
| + Other Non-current Assets | 0.7 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 6.9 | -4.3 | 0.0 | — | |
| + Other Financial Liabilities — Current | -8.5 | 0.0 | 19.4 | — | |
| + Other Financial Liabilities — Non-current | -0.0 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | -10.7 | 3.2 | 0.0 | — | |
| + Provisions — Current | -3.5 | -0.7 | 0.0 | — | |
| + Provisions — Non-current | -1.0 | 3.6 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -166.1 | -29.4 | -71.1 | -38.2 | |
| + Total Adjustments (incl. Working Capital) | 83.3 | 4.8 | 0.3 | — | |
| Cash from Operations (pre-tax) | -82.8 | -24.6 | -70.8 | — | |
| + Interest Received — Operating | -0.5 | -0.1 | -23.3 | — | |
| + Interest Paid — Operating | 0.0 | -21.3 | 0.0 | — | |
| + Dividends Received — Operating | -0.1 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 0.0 | -1.8 | 7.5 | — | |
| Cash from Operating Activities | -83.5 | -1.6 | -101.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 42.9 | 32.5 | 720.8 | — | |
| + Disp of Fixed Assets | 15.6 | 35.9 | 0.0 | — | |
| + Disp of Investment Property | -0.2 | 2.3 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 19.1 | 172.8 | — | |
| + Purchase of Investments (Equity / Debt) | 11.5 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 61.4 | 0.0 | 59.8 | — | |
| + Dividends Received — Investing | 0.1 | 0.0 | 58.6 | — | |
| + Interest Received — Investing | 0.0 | 0.0 | 18.4 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 1.1 | — | |
| Cash from Investing Activities | 22.5 | 24.9 | -410.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 72.5 | 92.3 | 597.1 | — | |
| + Repayment of Borrowings | 0.1 | 84.2 | 76.9 | — | |
| + Payment of Lease Liabilities | 0.7 | 0.7 | 1.4 | — | |
| + Interest Paid | 16.8 | 23.7 | 22.2 | — | |
| + Dividends Paid | 3.2 | 0.0 | 29.8 | — | |
| Cash from Financing Activities | 51.9 | -16.2 | 466.8 | — | |
| Net Changes in Cash (pre-FX) | -9.0 | 7.2 | -44.8 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.1 | 0.0 | — | |
| Net Changes in Cash | -9.0 | 7.3 | -44.8 | — | |
| Closing Cash | 12.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | -148.5 | -21.0 | -61.8 | -56.3 | |
| EBITDA Margin % | -37.55 | -4.60 | -16.63 | -12.34 | |
| Free Cash Flow (CFO − Capex) | -126.3 | -34.0 | -822.4 | -822.4 | |
| Free Cash Flow to Equity | — | -48.2 | -151.0 | — | |
| Free Cash Flow per Basic Share | -36.06 | -9.72 | -234.75 | -234.75 | |
| Cash Flow to Net Income | 0.59 | 0.08 | -1.16 | — | |
| Cash Paid for Taxes | 0.0 | -1.8 | 7.5 | — | |
| Cash Paid for Interest | 16.8 | 23.7 | 22.2 | — | |