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 | 54.8 | 79.7 | 90.1 | — | |
| + Finance Costs | 56.7 | 80.0 | 82.3 | — | |
| + Interest Income | -2.4 | -6.2 | -6.4 | — | |
| + Share-based Payments | 0.0 | 0.0 | 5.4 | — | |
| + Unrealised FX (Gain) / Loss | -0.5 | -0.2 | 0.6 | — | |
| + Other Non-cash Items | -0.4 | -3.6 | -0.9 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.3 | -0.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -116.3 | -213.2 | -195.4 | — | |
| + Trade Receivables — Current | -41.0 | 3.9 | -42.9 | — | |
| + Other Financial Assets — Current | -23.6 | -26.8 | -66.4 | — | |
| + Other Current Assets | -7.5 | 12.2 | -55.2 | — | |
| + Trade Payables — Current | 54.2 | 44.5 | 83.2 | — | |
| + Other Financial Liabilities — Current | 8.2 | 14.2 | -1.9 | — | |
| + Other Current Liabilities | -0.6 | 3.0 | 42.6 | — | |
| + Provisions — Current | 2.1 | 3.2 | 11.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 117.4 | 147.9 | 200.1 | 250.8 | |
| + Total Adjustments (incl. Working Capital) | -16.4 | -8.9 | -54.9 | — | |
| Cash from Operations (pre-tax) | 101.1 | 139.1 | 145.2 | — | |
| + Income Taxes Paid | 14.4 | 25.4 | 45.2 | — | |
| Cash from Operating Activities | 86.7 | 113.7 | 100.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 132.5 | 272.9 | 341.0 | — | |
| + Disp of Fixed Assets | 0.1 | 40.9 | 16.2 | — | |
| + Acq of Other Long-term Assets | 111.4 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 4.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 152.5 | 99.2 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 1.0 | 0.0 | — | |
| + Interest Received — Investing | 2.0 | 4.9 | 6.4 | — | |
| + Other Inflows / (Outflows) — Investing | 13.0 | 38.0 | -16.4 | — | |
| Cash from Investing Activities | -381.3 | -289.4 | -339.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 98.4 | 120.0 | 80.9 | — | |
| + Proceeds from Other Equity Instruments | 75.0 | 3.6 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 0.0 | 4.6 | — | |
| + Proceeds from Borrowings | 261.9 | 251.3 | 311.4 | — | |
| + Repayment of Borrowings | 79.5 | 82.3 | 117.1 | — | |
| + Payment of Lease Liabilities | 4.0 | 8.2 | 6.2 | — | |
| + Interest Paid | 53.8 | 74.8 | 78.1 | — | |
| Cash from Financing Activities | 298.0 | 209.5 | 195.5 | — | |
| Net Changes in Cash (pre-FX) | 3.4 | 33.8 | -43.9 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | 0.0 | 0.0 | — | |
| Net Changes in Cash | 3.3 | 33.8 | -43.9 | — | |
| Closing Cash | 43.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 221.7 | 293.2 | 363.4 | 457.3 | |
| EBITDA Margin % | 8.05 | 8.22 | 8.55 | 8.55 | |
| Free Cash Flow (CFO − Capex) | -45.8 | -159.2 | -241.0 | -241.0 | |
| Free Cash Flow to Equity | — | -64.6 | -124.4 | — | |
| Free Cash Flow per Basic Share | -3.83 | -13.32 | -20.16 | -20.16 | |
| Cash Flow to Net Income | 0.93 | 1.04 | 0.67 | — | |
| Cash Paid for Taxes | 14.4 | 25.4 | 45.2 | — | |
| Cash Paid for Interest | 53.8 | 74.8 | 78.1 | — | |