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 | 7.0 | 6.1 | 10.8 | — | |
| + Finance Costs | 8.2 | 8.5 | 14.4 | — | |
| + Interest Income | -1.8 | -1.6 | 0.0 | — | |
| + Dividend Income | -1.2 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 6.7 | 0.7 | — | |
| + Unrealised FX (Gain) / Loss | -8.7 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | -6.5 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -3.9 | -11.0 | -0.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -14.6 | 4.5 | -19.6 | — | |
| + Trade Receivables — Current | -9.7 | -12.0 | -26.2 | — | |
| + Other Financial Assets — Current | 10.1 | 0.1 | -2.6 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -0.0 | — | |
| + Other Current Assets | -10.7 | -14.2 | -29.9 | — | |
| + Other Non-current Assets | -9.3 | 14.2 | -0.3 | — | |
| + Trade Payables — Current | -4.7 | 10.2 | 33.1 | — | |
| + Other Financial Liabilities — Current | -42.8 | -1.1 | -2.1 | — | |
| + Other Current Liabilities | -2.0 | 0.2 | 39.9 | — | |
| + Provisions — Current | -0.3 | 0.0 | 0.2 | — | |
| + Provisions — Non-current | 0.1 | 0.0 | 0.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 37.8 | 12.0 | 54.2 | 76.0 | |
| + Total Adjustments (incl. Working Capital) | -84.3 | 4.0 | 18.4 | — | |
| Cash from Operations (pre-tax) | -46.5 | 16.0 | 72.6 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 5.7 | 2.5 | 11.0 | — | |
| Cash from Operating Activities | -52.2 | 13.5 | 61.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 38.7 | 70.9 | 37.4 | — | |
| + Disp of Fixed Assets | 0.3 | 2.4 | 0.1 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.1 | 0.0 | — | |
| + Dividends Received — Investing | 1.2 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.5 | 2.3 | 1.6 | — | |
| + Other Inflows / (Outflows) — Investing | -48.7 | 45.1 | 38.9 | — | |
| Cash from Investing Activities | -84.4 | -21.0 | 3.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 137.1 | 18.3 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 0.0 | 54.5 | — | |
| + Payment of Lease Liabilities | 0.5 | 0.5 | 0.6 | — | |
| + Interest Paid | 7.1 | 8.7 | 15.4 | — | |
| Cash from Financing Activities | 129.6 | 9.2 | -70.4 | — | |
| Net Changes in Cash (pre-FX) | -6.9 | 1.7 | -5.7 | — | |
| + Effect of FX Rate Changes on Cash | 3.7 | 0.1 | 0.1 | — | |
| Net Changes in Cash | -3.2 | 1.8 | -5.5 | — | |
| Closing Cash | 8.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 37.4 | 14.8 | 76.6 | 99.4 | |
| EBITDA Margin % | 5.50 | 2.33 | 6.77 | 8.01 | |
| Free Cash Flow (CFO − Capex) | -90.9 | -57.4 | 24.2 | 24.2 | |
| Free Cash Flow to Equity | — | -47.7 | -45.7 | — | |
| Free Cash Flow per Basic Share | -13.87 | -8.75 | 3.69 | 3.69 | |
| Price to Free Cash Flow | — | — | — | 30.30 | |
| Cash Flow to Net Income | -1.84 | 1.39 | 1.54 | — | |
| Cash Paid for Taxes | 5.7 | 2.5 | 11.0 | — | |
| Cash Paid for Interest | 7.1 | 8.7 | 15.4 | — | |