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 | 5.0 | 2.8 | 5.8 | — | |
| + Finance Costs | 2.4 | 0.0 | 28.2 | — | |
| + Interest Income | 0.0 | 0.0 | -1.9 | — | |
| + Share-based Payments | 0.0 | 1.3 | 2.5 | — | |
| + Unrealised FX (Gain) / Loss | 1.8 | 0.1 | -0.1 | — | |
| + Other Non-cash Items | 3.0 | 5.7 | 0.0 | — | |
| + Other Reconciling Items | -0.0 | 0.0 | 19.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -57.7 | 18.1 | -322.5 | — | |
| + Trade Receivables — Current | 0.1 | -19.5 | -308.2 | — | |
| + Other Financial Assets — Current | -0.1 | -7.5 | -38.2 | — | |
| + Other Financial Assets — Non-current | -0.4 | 0.0 | 0.0 | — | |
| + Other Current Assets | -14.2 | -33.0 | -50.4 | — | |
| + Other Non-current Assets | 0.5 | 0.0 | 0.0 | — | |
| + Other Bank Balances | 0.0 | -4.0 | 0.0 | — | |
| + Trade Payables — Current | 15.1 | 4.2 | 422.1 | — | |
| + Other Financial Liabilities — Current | 0.2 | 5.0 | 12.5 | — | |
| + Other Current Liabilities | 0.0 | 2.0 | 1.1 | — | |
| + Provisions — Current | -0.3 | -0.1 | 14.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -26.8 | 32.5 | 117.0 | 255.6 | |
| + Total Adjustments (incl. Working Capital) | -44.8 | -24.9 | -215.0 | — | |
| Cash from Operations (pre-tax) | -71.6 | 7.6 | -98.0 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | 1.9 | — | |
| + Interest Paid — Operating | 0.0 | -6.9 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 0.0 | 0.0 | 3.7 | — | |
| Cash from Operating Activities | -71.6 | 14.5 | -99.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2.5 | 4.1 | 14.6 | — | |
| + Acq of Intangible Assets | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 0.2 | 0.0 | 0.0 | — | |
| + Acq of Intangibles under Development | 0.0 | 4.7 | 0.0 | — | |
| + Disp of Intangibles under Development | 0.0 | 0.0 | 7.0 | — | |
| + Other Inflows / (Outflows) — Investing | -2.3 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -4.6 | -8.8 | -7.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 52.4 | 0.0 | 0.1 | — | |
| + Proceeds from Borrowings | 17.6 | 12.2 | 123.1 | — | |
| + Repayment of Borrowings | 0.3 | -0.2 | 1.3 | — | |
| + Interest Paid | 2.4 | 6.9 | 28.2 | — | |
| + Other Inflows / (Outflows) — Financing | -2.5 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 64.8 | 5.4 | 93.7 | — | |
| Net Changes in Cash (pre-FX) | -11.4 | 11.1 | -13.6 | — | |
| Net Changes in Cash | -11.4 | 11.1 | -13.6 | — | |
| Closing Cash | 3.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | -20.8 | 40.8 | 148.8 | 299.0 | |
| EBITDA Margin % | -105.91 | 21.50 | 34.58 | 34.06 | |
| Free Cash Flow (CFO − Capex) | -74.1 | 10.4 | -114.3 | -114.3 | |
| Free Cash Flow to Equity | — | 15.8 | -20.7 | — | |
| Free Cash Flow per Basic Share | -44.12 | 6.20 | -68.05 | -68.05 | |
| Cash Flow to Net Income | 2.68 | 0.29 | -1.13 | — | |
| Cash Paid for Taxes | 0.0 | 0.0 | 3.7 | — | |
| Cash Paid for Interest | 2.4 | 6.9 | 28.2 | — | |