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 | 10.2 | 18.8 | 25.1 | — | |
| + Finance Costs | 4.3 | 7.7 | 12.8 | — | |
| + Interest Income | -24.8 | 0.0 | -22.5 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -2.8 | -0.9 | — | |
| + Share-based Payments | 0.0 | 2.7 | 1.9 | — | |
| + Unrealised FX (Gain) / Loss | -1.2 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | -39.9 | -0.3 | 0.2 | — | |
| + Other — Cash Effects are Investing / Financing | -3.2 | -5.3 | -6.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 44.9 | -10.5 | 0.8 | — | |
| + Trade Receivables — Current | -2.6 | -17.5 | -15.3 | — | |
| + Other Financial Assets — Non-current | 0.0 | 9.9 | 0.0 | — | |
| + Other Current Assets | -54.3 | 0.0 | 34.5 | — | |
| + Trade Payables — Current | 12.6 | 7.5 | 3.3 | — | |
| + Other Financial Liabilities — Current | 9.4 | 10.5 | -7.6 | — | |
| + Other Current Liabilities | 0.0 | 2.1 | -1.1 | — | |
| + Provisions — Current | 2.4 | -0.1 | 1.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -50.1 | -139.3 | -117.2 | -127.6 | |
| + Total Adjustments (incl. Working Capital) | -42.0 | 22.6 | 26.4 | — | |
| Cash from Operations (pre-tax) | -92.1 | -116.7 | -90.8 | — | |
| + Interest Paid — Operating | 0.0 | 16.2 | 0.0 | — | |
| + Income Taxes Paid | 10.2 | -5.3 | 4.0 | — | |
| Cash from Operating Activities | -102.3 | -127.6 | -94.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 28.8 | 35.9 | 51.3 | — | |
| + Disp of Fixed Assets | 0.1 | 0.5 | 0.8 | — | |
| + Acq of Investment Property | 0.0 | 0.5 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 5.3 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | -22.3 | 0.0 | 0.0 | — | |
| + Disp of Interests in Joint Ventures | 8.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 7.0 | 0.0 | — | |
| + Interest Received — Investing | 26.1 | 16.2 | 12.2 | — | |
| + Other Inflows / (Outflows) — Investing | 131.0 | 68.3 | -11.3 | — | |
| Cash from Investing Activities | 158.6 | 46.8 | -49.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 2.8 | 122.5 | — | |
| + Proceeds from Exercise of Stock Options | 0.9 | 0.0 | 4.4 | — | |
| + Proceeds from Borrowings | 0.0 | 0.2 | 0.3 | — | |
| + Repayment of Borrowings | 21.2 | 0.0 | 0.0 | — | |
| + Payment of Lease Liabilities | 7.7 | 15.4 | 17.0 | — | |
| + Interest Paid | 1.0 | 0.0 | 2.1 | — | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | 0.1 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 40.2 | — | |
| Cash from Financing Activities | -29.0 | -12.6 | 148.3 | — | |
| Net Changes in Cash (pre-FX) | 27.3 | -93.3 | 3.9 | — | |
| Net Changes in Cash | 27.3 | -93.3 | 3.9 | — | |
| Closing Cash | 116.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | -54.5 | -118.5 | -105.9 | -111.8 | |
| EBITDA Margin % | -31.03 | -81.47 | -55.55 | -52.35 | |
| Free Cash Flow (CFO − Capex) | -131.1 | -163.5 | -146.1 | -146.1 | |
| Free Cash Flow to Equity | — | -163.2 | -147.8 | — | |
| Free Cash Flow per Basic Share | -24.96 | -31.13 | -27.81 | -27.81 | |
| Cash Flow to Net Income | 1.82 | 0.91 | 0.78 | — | |
| Cash Paid for Taxes | 10.2 | -5.3 | 4.0 | — | |
| Cash Paid for Interest | 1.0 | 0.0 | 2.1 | — | |