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 | 65.6 | — | 0.0 | — | |
| + Finance Costs | 26.8 | — | 0.0 | — | |
| + Interest Income | -6.6 | — | 0.0 | — | |
| + Other Non-cash Items | -6.1 | — | 61.7 | — | |
| + Other Reconciling Items | 0.0 | — | 3.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -30.9 | -19.9 | 0.0 | — | |
| + Trade Receivables — Current | -64.1 | -51.0 | 0.0 | — | |
| + Other Financial Assets — Current | 0.0 | — | 0.3 | — | |
| + Other Current Assets | 0.0 | — | 14.2 | — | |
| + Other Non-current Assets | 24.6 | — | 91.7 | — | |
| + Trade Payables — Current | 100.4 | -126.8 | 0.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | — | -2.5 | — | |
| + Other Non-current Liabilities | 1.1 | — | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 90.7 | — | 121.2 | 158.4 | |
| + Total Adjustments (incl. Working Capital) | 110.8 | — | 168.5 | — | |
| Cash from Operations (pre-tax) | 201.5 | 69.0 | 289.8 | — | |
| + Interest Received — Operating | 6.6 | — | 0.0 | — | |
| + Income Taxes Paid | 37.9 | — | 22.0 | — | |
| Cash from Operating Activities | 170.1 | 67.1 | 267.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 175.6 | — | 191.4 | — | |
| + Disp of Fixed Assets | 0.0 | — | 2.6 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | — | 52.0 | — | |
| + Investment in Partnership Firms / LLPs | 1.7 | — | 8.5 | — | |
| + Loans & Advances Made | 0.0 | — | 2.0 | — | |
| + Loans & Advances Repaid | 0.0 | — | 0.1 | — | |
| + Interest Received — Investing | 5.6 | 6.4 | 5.4 | — | |
| + Other Inflows / (Outflows) — Investing | 6.8 | — | 60.9 | — | |
| Cash from Investing Activities | -165.0 | -207.7 | -185.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | — | 0.2 | — | |
| + Proceeds from Borrowings | 126.4 | 134.1 | 317.0 | — | |
| + Repayment of Borrowings | 83.8 | 53.9 | 338.2 | — | |
| + Payment of Lease Liabilities | 4.7 | — | 0.0 | — | |
| + Interest Paid | 26.9 | — | 58.5 | — | |
| + Dividends Paid | 17.3 | — | 8.0 | — | |
| Cash from Financing Activities | -6.2 | 141.6 | -87.6 | — | |
| Net Changes in Cash (pre-FX) | -1.1 | — | -4.8 | — | |
| Net Changes in Cash | -1.1 | 1.0 | -4.8 | — | |
| Closing Cash | 0.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 169.4 | — | 258.5 | 336.0 | |
| EBITDA Margin % | 5.38 | — | 7.15 | 7.05 | |
| Free Cash Flow (CFO − Capex) | -5.5 | 67.1 | 76.4 | 76.4 | |
| Free Cash Flow to Equity | — | — | 14.0 | — | |
| Free Cash Flow per Basic Share | -1.89 | 23.09 | 26.27 | 26.27 | |
| Price to Free Cash Flow | — | — | — | 31.98 | |
| Cash Flow to Net Income | 1.77 | — | 2.94 | — | |
| Cash Paid for Taxes | 37.9 | — | 22.0 | — | |
| Cash Paid for Interest | 26.9 | — | 58.5 | — | |