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 | 20.1 | 14.5 | 12.3 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 30.3 | -101.7 | — | |
| + Finance Costs | 60.8 | 21.5 | 18.7 | — | |
| + Interest Income | -2.3 | -7.7 | -0.4 | — | |
| + Dividend Income | 0.0 | -1.1 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 5.6 | 2.8 | 3.2 | — | |
| + Unrealised FX (Gain) / Loss | -13.0 | -11.1 | 49.2 | — | |
| + Other Non-cash Items | -22.6 | -4.9 | 6.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | 1.0 | -11.9 | -62.6 | — | |
| + Trade Receivables — Current | 238.9 | 54.3 | 513.7 | — | |
| + Other Financial Assets — Current | 4.6 | -1.8 | -17.1 | — | |
| + Other Financial Assets — Non-current | 0.0 | -1.2 | -0.2 | — | |
| + Other Current Assets | -67.2 | 41.6 | 5.4 | — | |
| + Other Non-current Assets | 2.2 | -22.8 | 17.7 | — | |
| + Trade Payables — Current | -29.0 | 71.7 | 18.9 | — | |
| + Other Financial Liabilities — Current | 0.0 | -5.2 | -0.1 | — | |
| + Other Current Liabilities | 190.5 | 154.3 | -215.8 | — | |
| + Other Non-current Liabilities | 0.0 | -21.4 | -38.0 | — | |
| + Provisions — Current | -26.7 | 31.2 | 35.6 | — | |
| + Provisions — Non-current | -35.6 | 0.0 | -24.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -177.1 | -38.0 | 312.4 | 337.1 | |
| + Total Adjustments (incl. Working Capital) | 327.5 | 333.2 | 220.7 | — | |
| Cash from Operations (pre-tax) | 150.4 | 295.2 | 533.1 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -23.6 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | -1.2 | — | |
| + Income Taxes Paid | -22.6 | -24.5 | 39.0 | — | |
| Cash from Operating Activities | 173.0 | 319.7 | 469.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 6.3 | 5.4 | 2.1 | — | |
| + Disp of Fixed Assets | 0.0 | 0.1 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 43.9 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 1.1 | 1.2 | — | |
| + Interest Received — Investing | 2.1 | 6.2 | 17.3 | — | |
| + Other Inflows / (Outflows) — Investing | -3.2 | 8.2 | -452.2 | — | |
| Cash from Investing Activities | -7.4 | 54.0 | -435.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 140.0 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 326.4 | 48.2 | 0.0 | — | |
| + Payment of Lease Liabilities | 20.3 | 13.9 | 12.3 | — | |
| + Interest Paid | 32.9 | 3.7 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -35.0 | — | |
| Cash from Financing Activities | -239.6 | -65.8 | -47.2 | — | |
| Net Changes in Cash (pre-FX) | -74.0 | 307.8 | -13.8 | — | |
| Net Changes in Cash | -74.0 | 307.8 | -13.8 | — | |
| Closing Cash | 139.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | -231.1 | -70.1 | 259.5 | 304.2 | |
| EBITDA Margin % | -14.22 | -6.70 | 20.44 | 23.56 | |
| Free Cash Flow (CFO − Capex) | 166.7 | 314.3 | 467.2 | 467.2 | |
| Free Cash Flow to Equity | — | 208.7 | 467.2 | — | |
| Free Cash Flow per Basic Share | 24.80 | 46.75 | 69.50 | 69.50 | |
| Price to Free Cash Flow | — | — | — | 9.40 | |
| Cash Flow to Net Income | -1.01 | 1.57 | 1.86 | — | |
| Cash Paid for Taxes | -22.6 | -24.5 | 39.0 | — | |
| Cash Paid for Interest | 32.9 | 3.7 | 0.0 | — | |