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 | 7.9 | 13.7 | 18.5 | — | |
| + Impairment Loss / (Reversal) | 2.7 | 9.8 | 1.1 | — | |
| + Finance Costs | 105.9 | 123.2 | 135.5 | — | |
| + Interest Income | -35.8 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -13.8 | -11.0 | — | |
| + Other Non-cash Items | -10.2 | -24.5 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 0.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | 800.3 | -131.5 | 191.2 | — | |
| + Trade Receivables — Current | -43.1 | 19.2 | -256.3 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -50.4 | — | |
| + Other Financial Assets — Non-current | -19.3 | -5.0 | -8.0 | — | |
| + Other Current Assets | 0.0 | -56.9 | 12.7 | — | |
| + Other Non-current Assets | -49.5 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 177.1 | 257.4 | — | |
| + Trade Payables — Non-current | 148.9 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 104.4 | -7.9 | -14.1 | — | |
| + Other Financial Liabilities — Non-current | -19.3 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | -898.0 | -275.8 | -828.1 | — | |
| + Other Non-current Liabilities | 0.0 | -14.7 | 0.0 | — | |
| + Provisions — Current | 3.6 | 3.6 | 5.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 115.5 | 267.9 | 107.5 | 158.8 | |
| + Total Adjustments (incl. Working Capital) | 98.6 | -183.4 | -545.1 | — | |
| Cash from Operations (pre-tax) | 214.1 | 84.6 | -437.6 | — | |
| + Interest Received — Operating | 0.0 | -54.4 | -0.2 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 49.0 | — | |
| + Other Inflows / (Outflows) — Operating | 9.5 | 0.0 | 17.9 | — | |
| + Income Taxes Paid | 40.1 | 41.6 | 40.2 | — | |
| Cash from Operating Activities | 183.4 | -11.4 | -509.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 4.6 | 19.3 | 8.6 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.5 | — | |
| + Acq of Investment Property | 79.8 | 51.3 | 410.0 | — | |
| + Disp of Investment Property | 72.9 | 0.0 | 344.5 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 11.1 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.3 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 148.4 | 40.0 | 0.0 | — | |
| + Loans & Advances Made | 83.5 | 63.5 | -54.7 | — | |
| + Loans & Advances Repaid | 147.3 | 15.8 | 0.0 | — | |
| + Interest Received — Investing | 81.8 | 71.8 | 110.1 | — | |
| + Other Inflows / (Outflows) — Investing | -263.2 | 10.9 | -170.0 | — | |
| Cash from Investing Activities | -277.5 | -64.9 | -78.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.5 | 800.8 | 0.9 | — | |
| + Proceeds from Borrowings | 808.2 | 362.9 | 779.9 | — | |
| + Repayment of Borrowings | 749.8 | 573.6 | 280.1 | — | |
| + Payment of Lease Liabilities | 3.9 | 8.1 | 0.0 | — | |
| + Interest Paid | 93.3 | 81.1 | 57.1 | — | |
| + Dividends Paid | 0.0 | 0.0 | 18.9 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -17.1 | -6.3 | — | |
| Cash from Financing Activities | -38.3 | 483.9 | 418.5 | — | |
| Net Changes in Cash (pre-FX) | -132.4 | 407.6 | -169.3 | — | |
| Net Changes in Cash | -132.4 | 407.6 | -169.3 | — | |
| Closing Cash | 229.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 109.5 | 215.3 | 122.1 | 190.6 | |
| EBITDA Margin % | 4.93 | 10.74 | 4.63 | 6.73 | |
| Free Cash Flow (CFO − Capex) | 178.8 | -30.7 | -517.6 | -517.6 | |
| Free Cash Flow to Equity | — | -292.1 | -15.8 | — | |
| Free Cash Flow per Basic Share | 14.16 | -2.43 | -41.00 | -41.00 | |
| Cash Flow to Net Income | 1.65 | -0.06 | -5.36 | — | |
| Cash Paid for Taxes | 40.1 | 41.6 | 40.2 | — | |
| Cash Paid for Interest | 93.3 | 81.1 | 57.1 | — | |