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 | 25.4 | 34.1 | 32.4 | — | |
| + Impairment Loss / (Reversal) | 44.5 | 0.0 | 0.0 | — | |
| + Finance Costs | 43.0 | 57.0 | 65.4 | — | |
| + Interest Income | -16.5 | -65.6 | -72.9 | — | |
| + Fair Value (Gains) / Losses | -8.1 | -8.3 | -1.0 | — | |
| + Share-based Payments | 0.8 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | -0.9 | 0.0 | -15.0 | — | |
| + Other Reconciling Items | -1.1 | -7.4 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -133.1 | -1,714.2 | -2,801.6 | — | |
| + Trade Receivables — Current | 0.9 | -6.5 | 3.1 | — | |
| + Trade Receivables — Non-current | 0.0 | 2.9 | 0.0 | — | |
| + Other Current Assets | 0.0 | -139.6 | -410.8 | — | |
| + Other Non-current Assets | -146.4 | -181.0 | 0.0 | — | |
| + Trade Payables — Current | 76.5 | 410.3 | 1,105.9 | — | |
| + Trade Payables — Non-current | 0.0 | 879.9 | 0.0 | — | |
| + Other Current Liabilities | 459.9 | 997.7 | 1,512.3 | — | |
| + Provisions — Current | 0.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -67.7 | 37.6 | 23.3 | 17.8 | |
| + Total Adjustments (incl. Working Capital) | 344.7 | 259.3 | -582.1 | — | |
| Cash from Operations (pre-tax) | 277.0 | 296.9 | -558.8 | — | |
| + Income Taxes Paid | 6.3 | 71.9 | 56.8 | — | |
| Cash from Operating Activities | 270.7 | 225.0 | -615.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 320.5 | 677.2 | 80.9 | — | |
| + Disp of Fixed Assets | 0.0 | 0.3 | 0.2 | — | |
| + Acq of Investment Property | 0.0 | 1,812.8 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 1,339.4 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 320.0 | — | |
| + Interest Received — Investing | 14.4 | 51.5 | 79.2 | — | |
| + Other Inflows / (Outflows) — Investing | 14.5 | -894.3 | 30.3 | — | |
| Cash from Investing Activities | -291.7 | -1,993.1 | -291.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.2 | 800.0 | 112.5 | — | |
| + Proceeds from Exercise of Stock Options | 0.4 | 0.9 | 0.8 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 144.9 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 64.0 | 1,062.3 | 687.3 | — | |
| + Repayment of Borrowings | 62.2 | 430.6 | 79.6 | — | |
| + Payment of Lease Liabilities | 7.4 | 11.0 | 7.2 | — | |
| + Interest Paid | 66.7 | 63.4 | 125.0 | — | |
| + Other Inflows / (Outflows) — Financing | 161.0 | 408.1 | 290.3 | — | |
| Cash from Financing Activities | 234.1 | 1,766.4 | 879.0 | — | |
| Net Changes in Cash (pre-FX) | 213.1 | -1.7 | -27.8 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 3.7 | — | |
| Net Changes in Cash | 213.1 | -1.7 | -24.1 | — | |
| Closing Cash | 230.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 17.8 | 44.4 | 23.7 | 17.9 | |
| EBITDA Margin % | 19.12 | 27.66 | 11.90 | 8.97 | |
| Free Cash Flow (CFO − Capex) | -49.8 | -452.2 | -696.5 | -696.5 | |
| Free Cash Flow to Equity | — | 185.0 | -56.9 | — | |
| Free Cash Flow per Basic Share | -3.05 | -27.67 | -42.62 | -42.62 | |
| Cash Flow to Net Income | -4.91 | 8.51 | -39.23 | — | |
| Cash Paid for Taxes | 6.3 | 71.9 | 56.8 | — | |
| Cash Paid for Interest | 66.7 | 63.4 | 125.0 | — | |