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 | 14.2 | 14.3 | 16.0 | — | |
| + Impairment Loss / (Reversal) | 23.5 | 0.0 | 0.0 | — | |
| + Finance Costs | 97.9 | 41.9 | 26.7 | — | |
| + Interest Income | -8.0 | -15.7 | -18.6 | — | |
| + Dividend Income | 0.0 | -1.2 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -1.0 | 0.0 | -16.9 | — | |
| + Share-based Payments | 0.0 | 1.4 | -1.4 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -6.0 | — | |
| + Other — Cash Effects are Investing / Financing | -1.1 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -6.9 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -469.0 | -22.1 | -1,593.8 | — | |
| + Trade Receivables — Current | -23.5 | -6.7 | -10.5 | — | |
| + Trade Receivables — Non-current | 3.3 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 2.8 | 0.0 | 0.0 | — | |
| + Other Current Assets | -134.3 | -122.7 | 62.9 | — | |
| + Trade Payables — Current | 199.9 | -30.5 | 116.3 | — | |
| + Trade Payables — Non-current | -1.1 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 315.0 | 292.9 | 1,761.4 | — | |
| + Provisions — Current | -33.1 | 0.3 | -0.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -61.1 | 166.1 | -36.2 | 186.0 | |
| + Total Adjustments (incl. Working Capital) | -14.6 | 145.0 | 335.9 | — | |
| Cash from Operations (pre-tax) | -75.7 | 311.1 | 299.7 | — | |
| + Income Taxes Paid | 35.4 | 29.1 | 82.7 | — | |
| Cash from Operating Activities | -111.0 | 281.9 | 217.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 43.1 | 57.5 | 37.7 | — | |
| + Disp of Fixed Assets | 1.2 | 0.2 | 8.7 | — | |
| + Purchase of Investments (Equity / Debt) | 122.5 | 0.0 | 29.2 | — | |
| + Sale of Investments (Equity / Debt) | 34.3 | 15.3 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 10.9 | 8.5 | 0.0 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 0.0 | 4.3 | — | |
| + Acq of Subsidiaries / Businesses (net) | 27.5 | 16.2 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 9.3 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 1.1 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 21.1 | — | |
| + Dividends Received — Investing | 0.0 | 1.2 | 3.8 | — | |
| + Interest Received — Investing | 8.1 | 13.6 | 18.7 | — | |
| + Other Inflows / (Outflows) — Investing | 17.3 | -189.0 | -462.2 | — | |
| Cash from Investing Activities | -133.8 | -240.8 | -473.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 417.0 | — | |
| + Proceeds from Borrowings | 767.9 | 413.9 | 570.6 | — | |
| + Repayment of Borrowings | 300.3 | 429.6 | 575.1 | — | |
| + Payment of Lease Liabilities | 11.0 | 12.1 | 12.8 | — | |
| + Interest Paid | 107.4 | 102.2 | 116.2 | — | |
| + Dividends Paid | 30.4 | 30.4 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -5.7 | — | |
| Cash from Financing Activities | 318.8 | -160.4 | 278.0 | — | |
| Net Changes in Cash (pre-FX) | 74.0 | -119.4 | 21.2 | — | |
| Net Changes in Cash | 74.0 | -119.4 | 21.2 | — | |
| Closing Cash | 299.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 51.1 | 175.9 | -61.1 | 154.3 | |
| EBITDA Margin % | 3.73 | 10.24 | -8.32 | 9.82 | |
| Free Cash Flow (CFO − Capex) | -154.1 | 224.5 | 179.3 | 179.3 | |
| Free Cash Flow to Equity | — | 152.5 | 96.4 | — | |
| Free Cash Flow per Basic Share | -17.38 | 25.31 | 20.22 | 20.22 | |
| Price to Free Cash Flow | — | — | — | 22.10 | |
| Cash Flow to Net Income | 1.65 | 2.58 | -5.70 | — | |
| Cash Paid for Taxes | 35.4 | 29.1 | 82.7 | — | |
| Cash Paid for Interest | 107.4 | 102.2 | 116.2 | — | |