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 | 35.5 | 47.4 | 54.0 | — | |
| + Finance Costs | 38.9 | 53.9 | 60.9 | — | |
| + Interest Income | -3.8 | -18.8 | -15.3 | — | |
| + Share-based Payments | 2.5 | 2.2 | 1.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.2 | 1.2 | 7.1 | — | |
| + Other Non-cash Items | -0.0 | 1.7 | -0.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -84.5 | -202.6 | -255.9 | — | |
| + Trade Receivables — Current | 266.5 | -86.2 | -55.5 | — | |
| + Other Financial Assets — Current | -4.2 | 2.0 | 2.3 | — | |
| + Other Financial Assets — Non-current | 0.0 | -0.4 | -2.0 | — | |
| + Other Current Assets | -60.9 | -11.0 | -61.2 | — | |
| + Other Non-current Assets | 0.0 | 30.0 | -23.5 | — | |
| + Trade Payables — Current | 25.4 | 125.5 | 167.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | 3.0 | 1.0 | — | |
| + Other Current Liabilities | 0.1 | 20.8 | -32.8 | — | |
| + Provisions — Current | 0.6 | 0.6 | 1.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 50.7 | 77.4 | 15.3 | 3.4 | |
| + Total Adjustments (incl. Working Capital) | 215.9 | -30.6 | -152.0 | — | |
| Cash from Operations (pre-tax) | 266.6 | 46.8 | -136.8 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | 2.3 | — | |
| + Income Taxes Paid | 9.6 | 15.6 | 5.1 | — | |
| Cash from Operating Activities | 257.0 | 31.3 | -139.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 156.6 | 114.8 | 315.7 | — | |
| + Disp of Fixed Assets | 0.0 | 0.9 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 1.2 | — | |
| + Purchase of Investments (Equity / Debt) | 5.2 | 0.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 14.4 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 15.7 | 3.5 | — | |
| + Government Grants Received | 0.0 | 0.8 | 14.2 | — | |
| + Interest Received — Investing | 1.0 | 21.1 | 15.4 | — | |
| + Other Inflows / (Outflows) — Investing | -215.8 | 27.4 | 175.6 | — | |
| Cash from Investing Activities | -376.6 | -94.6 | -112.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 400.0 | 2.6 | 4.0 | — | |
| + Proceeds from Borrowings | 62.0 | 70.8 | 366.1 | — | |
| + Repayment of Borrowings | 222.2 | 32.2 | 33.7 | — | |
| + Payment of Lease Liabilities | 17.1 | 21.9 | 19.3 | — | |
| + Interest Paid | 35.5 | 46.3 | 63.2 | — | |
| + Other Inflows / (Outflows) — Financing | -20.7 | -2.4 | 0.0 | — | |
| Cash from Financing Activities | 166.6 | -29.4 | 253.9 | — | |
| Net Changes in Cash (pre-FX) | 46.9 | -92.7 | 1.5 | — | |
| Net Changes in Cash | 46.9 | -92.7 | 1.5 | — | |
| Closing Cash | 106.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 116.2 | 157.7 | 113.9 | 113.1 | |
| EBITDA Margin % | 8.18 | 7.26 | 6.01 | 5.34 | |
| Free Cash Flow (CFO − Capex) | 100.3 | -83.5 | -455.3 | -455.3 | |
| Free Cash Flow to Equity | — | -91.4 | -181.2 | — | |
| Free Cash Flow per Basic Share | 10.43 | -8.68 | -47.32 | -47.32 | |
| Cash Flow to Net Income | 7.26 | 0.57 | -42.83 | — | |
| Cash Paid for Taxes | 9.6 | 15.6 | 5.1 | — | |
| Cash Paid for Interest | 35.5 | 46.3 | 63.2 | — | |