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 | 68.0 | 68.8 | 69.9 | — | |
| + Finance Costs | 65.7 | 59.7 | 57.4 | — | |
| + Interest Income | -3.8 | -7.0 | -8.6 | — | |
| + Fair Value (Gains) / Losses | -2.1 | -0.8 | -0.3 | — | |
| + Share-based Payments | 0.3 | 0.2 | 0.5 | — | |
| + Unrealised FX (Gain) / Loss | 1.4 | 5.1 | 35.9 | — | |
| + Other Non-cash Items | 1.2 | 0.9 | 3.1 | — | |
| + Other — Cash Effects are Investing / Financing | -14.6 | -2.1 | -4.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | 27.1 | -16.8 | -46.7 | — | |
| + Trade Receivables — Current | 4.0 | -24.5 | -11.6 | — | |
| + Other Financial Assets — Non-current | -1.7 | -1.1 | 0.3 | — | |
| + Other Non-current Assets | 11.2 | 19.6 | -6.3 | — | |
| + Trade Payables — Current | 30.0 | -15.9 | 20.4 | — | |
| + Other Financial Liabilities — Current | -6.7 | 1.3 | 7.7 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | 0.1 | — | |
| + Provisions — Current | 0.6 | -0.1 | 1.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -135.0 | 27.8 | -24.3 | 3.1 | |
| + Total Adjustments (incl. Working Capital) | 180.7 | 87.4 | 118.3 | — | |
| Cash from Operations (pre-tax) | 45.7 | 115.2 | 94.0 | — | |
| + Income Taxes Paid | 2.0 | 3.0 | 5.4 | — | |
| Cash from Operating Activities | 43.8 | 112.2 | 88.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 73.5 | 31.0 | 61.4 | — | |
| + Disp of Investment Property | 1.7 | 1.3 | 0.3 | — | |
| + Purchase of Investments (Equity / Debt) | 31.4 | 73.2 | 17.4 | — | |
| + Sale of Investments (Equity / Debt) | 130.4 | 86.0 | 21.7 | — | |
| + Interest Received — Investing | 5.1 | 6.4 | 7.3 | — | |
| + Other Inflows / (Outflows) — Investing | 9.4 | -46.0 | -66.8 | — | |
| Cash from Investing Activities | 41.7 | -56.5 | -116.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 99.9 | 0.9 | 1.8 | — | |
| + Proceeds from Borrowings | 72.5 | 63.8 | 116.6 | — | |
| + Repayment of Borrowings | 121.0 | 183.6 | 89.6 | — | |
| + Interest Paid | 61.0 | 58.0 | 56.6 | — | |
| + Dividends Paid | 4.2 | 0.0 | 5.9 | — | |
| + Other Inflows / (Outflows) — Financing | -0.1 | 43.7 | 40.2 | — | |
| Cash from Financing Activities | -13.9 | -133.1 | 6.5 | — | |
| Net Changes in Cash (pre-FX) | 71.6 | -77.4 | -21.4 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 100.0 | 0.0 | — | |
| Net Changes in Cash | 71.6 | 22.6 | -21.4 | — | |
| Closing Cash | 100.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | -23.6 | 147.2 | 94.5 | 123.6 | |
| EBITDA Margin % | -2.22 | 11.48 | 6.87 | 8.41 | |
| Free Cash Flow (CFO − Capex) | -29.7 | 81.2 | 27.1 | 27.1 | |
| Free Cash Flow to Equity | — | -89.1 | 39.3 | — | |
| Free Cash Flow per Basic Share | -3.04 | 8.32 | 2.78 | 2.78 | |
| Price to Free Cash Flow | — | — | — | 32.69 | |
| Cash Flow to Net Income | -0.36 | 8.19 | -3.22 | — | |
| Cash Paid for Taxes | 2.0 | 3.0 | 5.4 | — | |
| Cash Paid for Interest | 61.0 | 58.0 | 56.6 | — | |