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 | 25.5 | 29.7 | 36.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 0.5 | — | |
| + Finance Costs | 30.6 | 36.2 | 34.4 | — | |
| + Interest Income | -0.9 | -1.4 | -1.5 | — | |
| + Unrealised FX (Gain) / Loss | 5.5 | 0.5 | 14.2 | — | |
| + Other Non-cash Items | -0.2 | 1.9 | 3.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -14.3 | -57.4 | 45.8 | — | |
| + Trade Receivables — Current | 16.7 | 46.3 | -129.8 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.4 | 0.0 | — | |
| + Other Financial Assets — Current | -1.1 | -17.5 | 13.3 | — | |
| + Other Current Assets | 5.7 | -15.1 | 7.5 | — | |
| + Other Non-current Assets | 2.1 | 0.4 | 0.0 | — | |
| + Trade Payables — Current | -13.5 | 3.3 | 72.9 | — | |
| + Other Financial Liabilities — Current | 0.3 | 1.7 | 5.8 | — | |
| + Other Financial Liabilities — Non-current | 0.8 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 43.6 | 2.7 | — | |
| + Other Non-current Liabilities | 1.7 | 0.0 | 0.0 | — | |
| + Provisions — Current | 3.2 | 1.9 | 1.3 | — | |
| + Provisions — Non-current | -1.3 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 58.7 | 75.1 | 70.9 | 75.3 | |
| + Total Adjustments (incl. Working Capital) | 60.7 | 74.4 | 106.7 | — | |
| Cash from Operations (pre-tax) | 119.4 | 149.5 | 177.6 | — | |
| + Income Taxes Paid | 26.0 | 15.1 | 16.4 | — | |
| Cash from Operating Activities | 93.5 | 134.4 | 161.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 54.4 | 66.4 | 55.7 | — | |
| + Disp of Fixed Assets | 0.0 | 0.1 | 2.9 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 6.7 | — | |
| + Disp of Other Long-term Assets | 8.6 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.3 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 30.0 | — | |
| + Interest Received — Investing | 0.8 | 1.7 | 3.5 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -3.7 | 0.0 | — | |
| Cash from Investing Activities | -44.7 | -68.4 | -85.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 6.7 | 0.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 7.5 | 0.0 | — | |
| + Payments for Other Equity Instruments | 7.5 | 0.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.1 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 141.4 | 55.9 | 39.8 | — | |
| + Repayment of Borrowings | 44.6 | 62.0 | 76.1 | — | |
| + Payment of Lease Liabilities | 0.0 | 7.0 | 8.9 | — | |
| + Interest Paid | 21.2 | 31.8 | 33.7 | — | |
| + Dividends Paid | 7.5 | 7.7 | 7.5 | — | |
| + Other Inflows / (Outflows) — Financing | -85.4 | 0.3 | 1.5 | — | |
| Cash from Financing Activities | -18.2 | -59.7 | -84.9 | — | |
| Net Changes in Cash (pre-FX) | 30.6 | 6.3 | -9.6 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | -0.0 | 0.0 | — | |
| Net Changes in Cash | 30.6 | 6.3 | -9.6 | — | |
| Closing Cash | 33.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 112.1 | 133.6 | 139.8 | 160.7 | |
| EBITDA Margin % | 11.58 | 13.00 | 10.33 | 9.72 | |
| Free Cash Flow (CFO − Capex) | 39.1 | 68.0 | 105.6 | 105.6 | |
| Free Cash Flow to Equity | — | -3.6 | 35.2 | — | |
| Free Cash Flow per Basic Share | 5.63 | 9.79 | 15.20 | 15.20 | |
| Price to Free Cash Flow | — | — | — | 24.21 | |
| Cash Flow to Net Income | 2.29 | 2.18 | 2.85 | — | |
| Cash Paid for Taxes | 26.0 | 15.1 | 16.4 | — | |
| Cash Paid for Interest | 21.2 | 31.8 | 33.7 | — | |