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 | 42.4 | 57.0 | 87.6 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 2.9 | 0.0 | — | |
| + Finance Costs | 26.3 | 10.6 | 32.7 | — | |
| + Interest Income | -19.4 | -19.8 | -29.4 | — | |
| + Dividend Income | -0.0 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -1.9 | 1.9 | — | |
| + Other Non-cash Items | 0.4 | 1.4 | 2.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -4.5 | 0.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -2.3 | -2.8 | -11.9 | — | |
| + Trade Receivables — Current | -13.7 | 1.9 | -34.4 | — | |
| + Trade Receivables — Non-current | 0.0 | 12.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | -51.5 | 4.2 | 0.0 | — | |
| + Other Current Assets | -3.5 | 0.0 | 0.0 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | -6.5 | — | |
| + Trade Payables — Current | -8.5 | 7.4 | 26.8 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 6.5 | — | |
| + Other Current Liabilities | -1.3 | 0.0 | -1.9 | — | |
| + Other Non-current Liabilities | 0.0 | -0.8 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | -13.2 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 5.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 195.4 | 257.7 | 265.3 | 247.7 | |
| + Total Adjustments (incl. Working Capital) | -31.2 | 63.0 | 66.2 | — | |
| Cash from Operations (pre-tax) | 164.2 | 320.7 | 331.6 | — | |
| + Income Taxes Paid | 49.7 | 67.4 | 63.9 | — | |
| Cash from Operating Activities | 114.5 | 253.3 | 267.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 85.3 | 320.7 | 501.8 | — | |
| + Disp of Fixed Assets | 0.1 | 0.4 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 0.3 | — | |
| + Acq of Other Long-term Assets | 25.5 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 9.9 | 88.8 | 0.0 | — | |
| + Investment in Partnership Firms / LLPs | 0.0 | 0.0 | -5.9 | — | |
| + Share of Profits — Partnership Firms / LLPs | 1.3 | 3.1 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 23.5 | 19.8 | 23.5 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 30.2 | — | |
| Cash from Investing Activities | -75.9 | -208.6 | -441.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 632.6 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 83.9 | 325.7 | 186.0 | — | |
| + Repayment of Borrowings | 556.4 | 0.0 | 3.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 10.9 | 16.2 | — | |
| + Interest Paid | 26.3 | 7.6 | 23.5 | — | |
| + Dividends Paid | 5.7 | 6.6 | 6.6 | — | |
| Cash from Financing Activities | 128.2 | 300.6 | 136.5 | — | |
| Net Changes in Cash (pre-FX) | 166.8 | 345.3 | -37.8 | — | |
| Net Changes in Cash | 166.8 | 345.3 | -37.8 | — | |
| Closing Cash | 301.3 | — | 54.8 | — | |
| Reference Items | |||||
| EBITDA | 238.2 | 296.6 | 343.3 | 344.1 | |
| EBITDA Margin % | 22.27 | 23.51 | 22.89 | 22.09 | |
| Free Cash Flow (CFO − Capex) | 29.2 | -67.4 | -234.1 | -234.1 | |
| Free Cash Flow to Equity | — | 250.7 | -74.9 | — | |
| Free Cash Flow per Basic Share | 4.46 | -10.28 | -35.71 | -35.71 | |
| Cash Flow to Net Income | 0.65 | 1.31 | 1.34 | — | |
| Cash Paid for Taxes | 49.7 | 67.4 | 63.9 | — | |
| Cash Paid for Interest | 26.3 | 7.6 | 23.5 | — | |