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 | 46.7 | 44.4 | 43.3 | — | |
| + Impairment Loss / (Reversal) | 0.0 | -57.0 | -5.0 | — | |
| + Finance Costs | 60.1 | 42.3 | 20.3 | — | |
| + Interest Income | -2.5 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -3.9 | -3.4 | -2.8 | — | |
| + Other Non-cash Items | -0.1 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 13.0 | -54.6 | 15.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -47.0 | 20.7 | 21.9 | — | |
| + Trade Receivables — Current | -24.5 | -37.4 | -4.9 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.1 | 0.0 | — | |
| + Other Current Assets | -8.9 | 5.8 | -6.0 | — | |
| + Other Bank Balances | 0.0 | -34.3 | 0.0 | — | |
| + Trade Payables — Current | 50.7 | 31.2 | 22.6 | — | |
| + Other Financial Liabilities — Current | -0.6 | 1.0 | -1.5 | — | |
| + Other Current Liabilities | -50.9 | -40.6 | 263.0 | — | |
| + Provisions — Current | 5.0 | 0.0 | 7.5 | — | |
| + Provisions — Non-current | 0.0 | 3.9 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 317.3 | 409.8 | -23.2 | -48.1 | |
| + Total Adjustments (incl. Working Capital) | 37.4 | -78.1 | 373.9 | — | |
| Cash from Operations (pre-tax) | 354.7 | 331.7 | 350.7 | — | |
| + Income Taxes Paid | 3.3 | 3.0 | -0.5 | — | |
| Cash from Operating Activities | 351.3 | 328.7 | 351.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 68.6 | 89.1 | 98.4 | — | |
| + Disp of Fixed Assets | 0.1 | 33.0 | 0.4 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.2 | 2.8 | 4.9 | — | |
| + Other Inflows / (Outflows) — Investing | -1.6 | -18.9 | -6.3 | — | |
| Cash from Investing Activities | -67.9 | -72.2 | -99.5 | — | |
| Cash from Financing Activities | |||||
| + Repayment of Borrowings | 215.6 | 238.6 | 199.2 | — | |
| + Payment of Lease Liabilities | 0.6 | 0.8 | 2.0 | — | |
| + Interest Paid | 78.1 | 63.2 | 25.7 | — | |
| Cash from Financing Activities | -294.3 | -302.6 | -226.9 | — | |
| Net Changes in Cash (pre-FX) | -10.8 | -46.1 | 24.8 | — | |
| Net Changes in Cash | -10.8 | -46.1 | 24.8 | — | |
| Closing Cash | 55.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 419.5 | 371.5 | 42.8 | 4.1 | |
| EBITDA Margin % | 9.82 | 9.03 | 1.16 | 0.11 | |
| Free Cash Flow (CFO − Capex) | 282.8 | 239.6 | 252.7 | 252.7 | |
| Free Cash Flow to Equity | — | -310.0 | 4.4 | — | |
| Free Cash Flow per Basic Share | 221.94 | 188.08 | 198.38 | 198.38 | |
| Price to Free Cash Flow | — | — | — | 4.74 | |
| Cash Flow to Net Income | 1.11 | 0.74 | -22.42 | — | |
| Cash Paid for Taxes | 3.3 | 3.0 | -0.5 | — | |
| Cash Paid for Interest | 78.1 | 63.2 | 25.7 | — | |