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 | 15.5 | 20.9 | 27.1 | — | |
| + Finance Costs | 41.9 | 43.0 | 47.6 | — | |
| + Interest Income | 0.0 | -1.6 | -0.6 | — | |
| + Other Non-cash Items | 0.1 | -0.1 | 0.6 | — | |
| + Other — Cash Effects are Investing / Financing | -0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -39.9 | -37.6 | -181.3 | — | |
| + Trade Receivables — Current | -94.7 | -22.5 | -146.3 | — | |
| + Other Current Assets | -36.6 | -111.5 | 64.6 | — | |
| + Other Non-current Assets | 0.0 | -0.0 | 0.0 | — | |
| + Trade Payables — Current | -16.9 | 92.4 | 118.1 | — | |
| + Trade Payables — Non-current | -4.8 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 5.3 | -7.5 | — | |
| + Other Non-current Liabilities | 0.0 | 2.4 | 0.0 | — | |
| + Provisions — Current | -6.1 | 0.0 | 1.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 58.7 | 98.0 | 101.5 | 100.0 | |
| + Total Adjustments (incl. Working Capital) | -141.4 | -9.3 | -76.6 | — | |
| Cash from Operations (pre-tax) | -82.8 | 88.7 | 24.8 | — | |
| + Interest Received — Operating | -1.1 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 11.3 | 18.9 | 21.5 | — | |
| Cash from Operating Activities | -95.2 | 69.8 | 3.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 109.2 | 189.9 | 151.8 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Goodwill | 0.0 | 0.0 | 18.2 | — | |
| + Loans & Advances Made | 0.0 | 4.4 | -81.5 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 49.5 | — | |
| + Interest Received — Investing | 0.0 | 1.6 | 0.6 | — | |
| + Other Inflows / (Outflows) — Investing | -9.5 | -197.4 | -2.3 | — | |
| Cash from Investing Activities | -118.7 | -390.1 | -40.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 472.4 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 114.6 | 136.1 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 0.0 | 45.2 | — | |
| + Repayment of Borrowings | -155.8 | 211.5 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | -25.5 | — | |
| + Interest Paid | 40.8 | 43.0 | 47.6 | — | |
| + Dividends Paid | 0.3 | 0.4 | 0.5 | — | |
| + Other Inflows / (Outflows) — Financing | -14.9 | 0.1 | 0.4 | — | |
| Cash from Financing Activities | 214.3 | 353.7 | 23.1 | — | |
| Net Changes in Cash (pre-FX) | 0.4 | 33.5 | -14.2 | — | |
| Net Changes in Cash | 0.4 | 33.5 | -14.2 | — | |
| Closing Cash | 2.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 114.9 | 160.0 | 173.6 | 181.9 | |
| EBITDA Margin % | 4.26 | 5.22 | 4.13 | 3.77 | |
| Free Cash Flow (CFO − Capex) | -204.4 | -120.1 | -148.5 | -148.5 | |
| Free Cash Flow to Equity | — | -349.8 | -107.6 | — | |
| Free Cash Flow per Basic Share | -10.06 | -5.91 | -7.31 | -7.31 | |
| Cash Flow to Net Income | -2.17 | 0.96 | 0.04 | — | |
| Cash Paid for Taxes | 11.3 | 18.9 | 21.5 | — | |
| Cash Paid for Interest | 40.8 | 43.0 | 47.6 | — | |