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 | 32.8 | 36.5 | -50.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.7 | 0.0 | — | |
| + Finance Costs | 89.7 | 42.1 | 69.8 | — | |
| + Interest Income | -5.1 | 8.7 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -0.3 | -0.5 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 7.4 | -57.6 | — | |
| + Other Non-cash Items | -0.1 | -1.7 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 56.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -46.1 | -34.5 | -265.5 | — | |
| + Trade Receivables — Current | 0.0 | -242.0 | -106.1 | — | |
| + Other Financial Assets — Current | -179.9 | -354.9 | -49.9 | — | |
| + Other Financial Assets — Non-current | -7.8 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | 17.4 | -36.5 | — | |
| + Other Non-current Assets | -0.0 | 16.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 37.9 | 98.4 | — | |
| + Other Financial Liabilities — Current | 0.0 | 11.1 | 0.0 | — | |
| + Other Current Liabilities | -68.5 | 28.0 | 50.4 | — | |
| + Other Non-current Liabilities | 2.5 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | -8.6 | 14.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 184.9 | 417.7 | 467.2 | 444.3 | |
| + Total Adjustments (incl. Working Capital) | -182.9 | -436.4 | -276.3 | — | |
| Cash from Operations (pre-tax) | 2.1 | -18.7 | 190.9 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | 21.8 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -32.9 | — | |
| + Income Taxes Paid | 50.3 | 86.8 | 125.4 | — | |
| Cash from Operating Activities | -48.3 | -105.4 | 54.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 114.3 | 309.8 | 323.2 | — | |
| + Acq of Investment Property | 0.3 | 0.0 | 14.9 | — | |
| + Disp of Investment Property | 0.0 | 3.7 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 5.1 | 5.8 | 8.4 | — | |
| + Other Inflows / (Outflows) — Investing | -61.0 | -28.7 | 27.7 | — | |
| Cash from Investing Activities | -170.5 | -329.0 | -302.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 1,125.9 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 192.9 | 352.8 | — | |
| + Repayment of Borrowings | 531.2 | 0.0 | 0.0 | — | |
| + Interest Paid | 89.7 | 41.6 | 66.2 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -5.8 | 0.5 | — | |
| Cash from Financing Activities | 505.0 | 145.4 | 287.2 | — | |
| Net Changes in Cash (pre-FX) | 286.2 | -289.0 | 39.5 | — | |
| Net Changes in Cash | 286.2 | -289.0 | 39.5 | — | |
| Closing Cash | 302.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 300.9 | 490.9 | 526.8 | 535.4 | |
| EBITDA Margin % | 22.48 | 27.00 | 25.17 | 24.43 | |
| Free Cash Flow (CFO − Capex) | -162.5 | -415.3 | -268.8 | -268.8 | |
| Free Cash Flow to Equity | — | -263.8 | 17.8 | — | |
| Free Cash Flow per Basic Share | -7.15 | -18.26 | -11.82 | -11.82 | |
| Cash Flow to Net Income | -0.32 | -0.33 | 0.16 | — | |
| Cash Paid for Taxes | 50.3 | 86.8 | 125.4 | — | |
| Cash Paid for Interest | 89.7 | 41.6 | 66.2 | — | |