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 | 123.0 | 122.8 | 117.5 | — | |
| + Finance Costs | 95.1 | 91.0 | 70.9 | — | |
| + Interest Income | -0.5 | -0.9 | -0.9 | — | |
| + Unrealised FX (Gain) / Loss | 0.7 | -0.3 | 2.2 | — | |
| + Other Non-cash Items | -34.2 | 22.6 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -0.2 | -0.5 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 1.1 | 25.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | 94.4 | -11.7 | -6.5 | — | |
| + Trade Receivables — Current | -96.8 | -75.3 | 63.0 | — | |
| + Other Current Assets | -16.7 | 10.6 | -22.4 | — | |
| + Trade Payables — Current | 37.8 | 93.0 | -10.3 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 46.5 | — | |
| + Provisions — Current | 22.6 | 0.8 | -3.5 | — | |
| + Provisions — Non-current | -0.5 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 56.7 | -57.7 | -8.0 | 39.3 | |
| + Total Adjustments (incl. Working Capital) | 224.7 | 253.2 | 281.5 | — | |
| Cash from Operations (pre-tax) | 281.5 | 195.5 | 273.5 | — | |
| + Income Taxes Paid | 40.7 | 3.4 | 15.6 | — | |
| Cash from Operating Activities | 240.8 | 192.1 | 257.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 183.4 | 202.2 | 127.5 | — | |
| + Disp of Fixed Assets | 1.8 | 4.2 | 2.3 | — | |
| + Acq of Investment Property | 0.0 | 5.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 5.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 25.0 | 17.0 | 0.0 | — | |
| + Interest Received — Investing | 0.0 | 0.0 | 0.9 | — | |
| + Other Inflows / (Outflows) — Investing | -12.2 | 0.5 | -5.0 | — | |
| Cash from Investing Activities | -218.8 | -214.6 | -129.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 249.7 | 0.0 | — | |
| + Proceeds from Borrowings | 119.6 | 164.2 | 47.2 | — | |
| + Repayment of Borrowings | 85.6 | 122.9 | 134.1 | — | |
| + Payment of Lease Liabilities | 31.2 | 38.3 | 34.4 | — | |
| + Payment of Finance Lease Liabilities | 16.3 | — | — | — | |
| + Interest Paid | 75.7 | 80.2 | 66.9 | — | |
| + Dividends Paid | 3.9 | 2.9 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 91.0 | -151.3 | 68.1 | — | |
| Cash from Financing Activities | -2.0 | 18.3 | -120.2 | — | |
| Net Changes in Cash (pre-FX) | 20.0 | -4.2 | 8.4 | — | |
| Net Changes in Cash | 20.0 | -4.2 | 8.4 | — | |
| Closing Cash | 29.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 237.7 | 143.0 | 197.6 | 198.9 | |
| EBITDA Margin % | 8.49 | 5.67 | 7.87 | 7.64 | |
| Free Cash Flow (CFO − Capex) | 57.3 | -10.1 | 130.4 | 130.4 | |
| Free Cash Flow to Equity | — | -207.2 | 52.4 | — | |
| Free Cash Flow per Basic Share | 6.85 | -1.21 | 15.59 | 15.59 | |
| Price to Free Cash Flow | — | — | — | 11.58 | |
| Cash Flow to Net Income | 8.71 | -2.82 | -6.57 | — | |
| Cash Paid for Taxes | 40.7 | 3.4 | 15.6 | — | |
| Cash Paid for Interest | 75.7 | 80.2 | 66.9 | — | |