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 | 1.2 | 1.4 | 1.6 | — | |
| + Finance Costs | 95.3 | 113.1 | 97.0 | — | |
| + Interest Income | -27.7 | -42.9 | 0.0 | — | |
| + Dividend Income | 0.0 | 0.0 | -18.7 | — | |
| + Fair Value (Gains) / Losses | -0.3 | -0.1 | -0.1 | — | |
| + Other Non-cash Items | 0.0 | 62.8 | 107.1 | — | |
| + Other — Cash Effects are Investing / Financing | 4.2 | -0.9 | -0.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -29.7 | -75.3 | -267.4 | — | |
| + Trade Receivables — Current | 0.8 | 1.8 | 0.0 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | 2.8 | — | |
| + Other Financial Assets — Current | -2.7 | -8.6 | -23.6 | — | |
| + Other Financial Assets — Non-current | 6.4 | -3.2 | 4.4 | — | |
| + Other Current Assets | -3.3 | -24.3 | 5.1 | — | |
| + Other Non-current Assets | 0.3 | -0.1 | -0.0 | — | |
| + Trade Payables — Current | 2.7 | -1.7 | 0.0 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | 2.0 | — | |
| + Other Financial Liabilities — Current | 24.8 | 17.7 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | 19.2 | — | |
| + Other Current Liabilities | 63.3 | 22.7 | 94.2 | — | |
| + Provisions — Current | 0.1 | -0.8 | 0.1 | — | |
| + Provisions — Non-current | 0.2 | 1.1 | 0.8 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -168.1 | -147.0 | -217.7 | -184.1 | |
| + Total Adjustments (incl. Working Capital) | 138.1 | 64.1 | 22.2 | — | |
| Cash from Operations (pre-tax) | -30.0 | -82.9 | -195.6 | — | |
| + Dividends Received — Operating | -0.6 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | -5.2 | 7.5 | 0.0 | — | |
| + Income Taxes Paid | 0.1 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | -36.0 | -75.4 | -195.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1.2 | 1.0 | 2.1 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 10.6 | 0.1 | 3.3 | — | |
| + Purchase of Investments (Equity / Debt) | 4.1 | 6.5 | 1.1 | — | |
| + Loans & Advances Repaid | -211.1 | 149.1 | 98.6 | — | |
| + Dividends Received — Investing | 0.6 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 27.7 | 42.9 | 18.7 | — | |
| + Other Inflows / (Outflows) — Investing | -11.2 | -0.5 | -22.0 | — | |
| Cash from Investing Activities | -188.8 | 184.1 | 95.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 103.3 | — | |
| + Proceeds from Borrowings | 327.7 | 0.0 | 97.5 | — | |
| + Repayment of Borrowings | 0.0 | 10.5 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.7 | 0.7 | 0.5 | — | |
| + Interest Paid | 95.3 | 113.1 | 97.0 | — | |
| Cash from Financing Activities | 231.8 | -124.2 | 103.2 | — | |
| Net Changes in Cash (pre-FX) | 7.0 | -15.5 | 3.2 | — | |
| Net Changes in Cash | 7.0 | -15.5 | 3.2 | — | |
| Closing Cash | 22.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | -109.5 | -85.4 | -146.8 | -110.4 | |
| EBITDA Margin % | -178.13 | -103.79 | -157.62 | -118.95 | |
| Free Cash Flow (CFO − Capex) | -37.1 | -76.4 | -197.6 | -197.6 | |
| Free Cash Flow to Equity | — | -199.9 | -197.2 | — | |
| Free Cash Flow per Basic Share | -8.47 | -17.43 | -45.09 | -45.09 | |
| Cash Flow to Net Income | 0.29 | 0.60 | 1.03 | — | |
| Cash Paid for Taxes | 0.1 | 0.0 | 0.0 | — | |
| Cash Paid for Interest | 95.3 | 113.1 | 97.0 | — | |