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 | 91.2 | 109.5 | 112.2 | — | |
| + Impairment Loss / (Reversal) | 0.4 | 0.2 | -0.1 | — | |
| + Finance Costs | 265.2 | 108.6 | 96.6 | — | |
| + Interest Income | -4.4 | -19.0 | -16.3 | — | |
| + Dividend Income | 0.0 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -0.0 | -0.0 | -1.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.4 | -0.3 | 0.9 | — | |
| + Other Non-cash Items | -2.0 | -4.0 | -1.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.8 | -0.7 | -0.6 | — | |
| + Trade Receivables — Current | -7.8 | 4.6 | 0.5 | — | |
| + Other Financial Assets — Current | -4.4 | 1.3 | 0.6 | — | |
| + Other Current Assets | 6.6 | 0.0 | -14.1 | — | |
| + Other Non-current Assets | 0.0 | -9.3 | 0.0 | — | |
| + Trade Payables — Current | 22.2 | -20.7 | 4.2 | — | |
| + Other Financial Liabilities — Current | 6.3 | -11.6 | -1.8 | — | |
| + Other Current Liabilities | 3.0 | 0.0 | 0.0 | — | |
| + Other Non-current Liabilities | 0.0 | 3.1 | 7.6 | — | |
| + Provisions — Current | 3.4 | 3.4 | 8.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -36.7 | 150.0 | 192.0 | 218.9 | |
| + Total Adjustments (incl. Working Capital) | 379.2 | 165.0 | 195.1 | — | |
| Cash from Operations (pre-tax) | 342.4 | 315.0 | 387.1 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | 10.1 | — | |
| + Income Taxes Paid | 15.3 | 5.8 | 3.3 | — | |
| Cash from Operating Activities | 327.1 | 309.2 | 393.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 78.0 | 130.3 | 197.5 | — | |
| + Disp of Fixed Assets | 0.4 | 1.1 | 0.5 | — | |
| + Acq of Other Long-term Assets | 0.0 | 325.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 9.0 | 0.0 | — | |
| + Interest Received — Investing | 4.0 | 18.0 | 13.8 | — | |
| + Other Inflows / (Outflows) — Investing | -2.8 | -232.4 | 146.3 | — | |
| Cash from Investing Activities | -76.4 | -677.6 | -37.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,800.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 696.0 | 1.8 | — | |
| + Repayment of Borrowings | 1,419.9 | 559.3 | 257.0 | — | |
| + Payment of Lease Liabilities | 15.6 | 17.2 | 17.3 | — | |
| + Interest Paid | 196.5 | 116.3 | 87.8 | — | |
| + Other Inflows / (Outflows) — Financing | -12.9 | -39.0 | 0.0 | — | |
| Cash from Financing Activities | 155.1 | -35.9 | -360.4 | — | |
| Net Changes in Cash (pre-FX) | 405.8 | -404.2 | -3.4 | — | |
| Net Changes in Cash | 405.8 | -404.2 | -3.4 | — | |
| Closing Cash | 415.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 311.0 | 336.7 | 422.7 | 429.0 | |
| EBITDA Margin % | 38.04 | 35.66 | 40.34 | 39.86 | |
| Free Cash Flow (CFO − Capex) | 249.1 | 178.9 | 196.4 | 196.4 | |
| Free Cash Flow to Equity | — | 245.2 | -173.4 | — | |
| Free Cash Flow per Basic Share | 11.19 | 8.04 | 8.83 | 8.83 | |
| Price to Free Cash Flow | — | — | — | 25.83 | |
| Cash Flow to Net Income | 13.74 | 4.34 | 2.78 | — | |
| Cash Paid for Taxes | 15.3 | 5.8 | 3.3 | — | |
| Cash Paid for Interest | 196.5 | 116.3 | 87.8 | — | |