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 | 9.0 | 11.7 | 16.5 | — | |
| + Finance Costs | 2.1 | 5.7 | 11.3 | — | |
| + Fair Value (Gains) / Losses | -0.1 | -0.0 | -0.0 | — | |
| + Other Non-cash Items | 0.6 | -0.2 | -1.6 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 0.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -9.3 | -8.0 | -11.4 | — | |
| + Trade Receivables — Current | -13.5 | -11.1 | -13.9 | — | |
| + Other Financial Assets — Current | -0.5 | -0.6 | -2.1 | — | |
| + Other Financial Assets — Non-current | -0.0 | 0.0 | -0.1 | — | |
| + Other Current Assets | -1.3 | 2.1 | -1.6 | — | |
| + Other Non-current Assets | -2.6 | -3.0 | -0.8 | — | |
| + Trade Payables — Current | 7.8 | -2.0 | -3.5 | — | |
| + Other Current Liabilities | -4.3 | 4.1 | -0.5 | — | |
| + Other Non-current Liabilities | 8.0 | 3.5 | -4.0 | — | |
| + Provisions — Current | 0.5 | 0.4 | 0.0 | — | |
| + Provisions — Non-current | -0.0 | -0.8 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -7.4 | 8.2 | 38.6 | 40.8 | |
| + Total Adjustments (incl. Working Capital) | -3.6 | 1.7 | -11.5 | — | |
| Cash from Operations (pre-tax) | -11.0 | 9.9 | 27.1 | — | |
| + Interest Received — Operating | -2.4 | -0.6 | -0.4 | — | |
| + Dividends Received — Operating | -0.0 | -0.0 | -0.0 | — | |
| + Income Taxes Paid | 1.1 | 0.1 | 0.0 | — | |
| Cash from Operating Activities | -14.4 | 9.2 | 26.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 33.8 | 127.2 | 57.4 | — | |
| + Disp of Fixed Assets | 0.1 | 1.4 | 3.9 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.4 | 0.6 | 0.4 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.1 | -4.2 | — | |
| Cash from Investing Activities | -31.3 | -125.2 | -57.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 32.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 10.7 | 0.0 | — | |
| + Proceeds from Borrowings | 26.7 | 136.4 | 84.3 | — | |
| + Repayment of Borrowings | 5.8 | 47.0 | 63.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.9 | -7.6 | — | |
| + Payment of Finance Lease Liabilities | 0.8 | — | — | — | |
| + Interest Paid | 2.1 | 5.7 | 11.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.5 | 0.6 | -1.0 | — | |
| Cash from Financing Activities | 18.5 | 94.1 | 48.0 | — | |
| Net Changes in Cash (pre-FX) | -27.3 | -21.9 | 17.5 | — | |
| Net Changes in Cash | -27.3 | -21.9 | 17.5 | — | |
| Closing Cash | 33.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 0.8 | 24.0 | 63.4 | 65.6 | |
| EBITDA Margin % | 0.35 | 8.89 | 16.25 | 16.55 | |
| Free Cash Flow (CFO − Capex) | -48.2 | -118.1 | -30.7 | -30.7 | |
| Free Cash Flow to Equity | — | -34.4 | -6.3 | — | |
| Free Cash Flow per Basic Share | -16.84 | -41.20 | -10.72 | -10.72 | |
| Cash Flow to Net Income | 3.00 | 1.48 | 0.94 | — | |
| Cash Paid for Taxes | 1.1 | 0.1 | 0.0 | — | |
| Cash Paid for Interest | 2.1 | 5.7 | 11.3 | — | |