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 | 7.4 | 8.5 | 12.6 | — | |
| + Finance Costs | 0.0 | 0.0 | 2.7 | — | |
| + Interest Income | 0.0 | 0.0 | -17.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -0.2 | — | |
| + Share-based Payments | 0.0 | 5.3 | 4.3 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | -1.0 | -24.5 | — | |
| + Other Non-cash Items | 0.0 | 2.0 | 4.0 | — | |
| + Other Reconciling Items | 0.0 | -0.2 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.8 | -22.5 | -51.7 | — | |
| + Other Financial Assets — Current | -40.3 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | -200.3 | -205.9 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.8 | 0.0 | — | |
| + Other Current Liabilities | -5.5 | 0.0 | 0.0 | — | |
| + Other Non-current Liabilities | 0.0 | 0.0 | -47.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 19.5 | 35.4 | 54.7 | 63.7 | |
| + Total Adjustments (incl. Working Capital) | -39.2 | -207.4 | -323.7 | — | |
| Cash from Operations (pre-tax) | -19.6 | -172.0 | -269.0 | — | |
| + Interest Received — Operating | 1.2 | -5.4 | 0.0 | — | |
| + Interest Paid — Operating | 1.0 | -0.1 | 0.0 | — | |
| Cash from Operating Activities | -19.5 | -177.3 | -269.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 9.9 | 18.5 | 41.2 | — | |
| + Disp of Fixed Assets | 1.9 | 0.2 | 0.2 | — | |
| + Interest Received — Investing | 1.2 | 5.4 | 17.8 | — | |
| Cash from Investing Activities | -6.9 | -12.8 | -23.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 50.6 | 673.9 | 15.1 | — | |
| + Proceeds from Borrowings | 0.0 | 0.0 | 74.5 | — | |
| + Repayment of Borrowings | 15.1 | 58.5 | 146.4 | — | |
| + Interest Paid | 1.0 | 0.1 | 2.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -14.9 | — | |
| Cash from Financing Activities | 34.5 | 615.3 | -74.4 | — | |
| Net Changes in Cash (pre-FX) | 8.1 | 425.1 | -366.5 | — | |
| Net Changes in Cash | 8.1 | 425.1 | -366.5 | — | |
| Closing Cash | 38.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 16.4 | 37.4 | 48.4 | 62.0 | |
| EBITDA Margin % | 3.62 | 7.51 | 6.44 | 7.33 | |
| Free Cash Flow (CFO − Capex) | -29.4 | -195.8 | -310.1 | -310.1 | |
| Free Cash Flow to Equity | — | -116.0 | -225.3 | — | |
| Free Cash Flow per Basic Share | -0.25 | -1.64 | -2.60 | -2.60 | |
| Cash Flow to Net Income | -0.68 | -4.98 | -4.80 | — | |
| Cash Paid for Interest | 1.0 | 0.1 | 2.7 | — | |