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 | 37.4 | 65.6 | 68.7 | — | |
| + Impairment Loss / (Reversal) | 7.9 | 0.0 | 0.0 | — | |
| + Finance Costs | 8.8 | 58.5 | 61.9 | — | |
| + Interest Income | -1.8 | -1.2 | -1.0 | — | |
| + Dividend Income | -0.0 | -0.7 | -1.7 | — | |
| + Fair Value (Gains) / Losses | 2.1 | -13.4 | -11.5 | — | |
| + Unrealised FX (Gain) / Loss | 0.2 | 0.1 | -0.7 | — | |
| + Other Non-cash Items | -0.4 | -0.2 | -0.2 | — | |
| + Other Reconciling Items | 4.4 | -1.0 | 15.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -39.8 | 1.9 | -86.1 | — | |
| + Trade Receivables — Current | 50.9 | -99.6 | -59.6 | — | |
| + Other Financial Assets — Current | -0.7 | -32.5 | -2.2 | — | |
| + Other Current Assets | -66.5 | 44.2 | 31.8 | — | |
| + Other Non-current Assets | -0.3 | 0.3 | -1.4 | — | |
| + Other Bank Balances | 24.1 | 16.6 | -0.5 | — | |
| + Trade Payables — Current | -32.2 | 167.7 | 16.5 | — | |
| + Other Financial Liabilities — Current | 20.2 | -43.9 | -13.4 | — | |
| + Other Current Liabilities | -1.2 | -0.1 | 14.0 | — | |
| + Provisions — Current | 1.3 | -0.8 | 2.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 137.6 | 16.0 | 59.6 | 95.6 | |
| + Total Adjustments (incl. Working Capital) | 14.3 | 161.6 | 33.2 | — | |
| Cash from Operations (pre-tax) | 151.9 | 177.5 | 92.8 | — | |
| + Income Taxes Paid | 16.8 | 1.4 | -2.1 | — | |
| Cash from Operating Activities | 135.1 | 176.1 | 94.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 534.3 | 119.7 | 293.5 | — | |
| + Disp of Fixed Assets | 7.5 | 9.5 | 3.1 | — | |
| + Dividends Received — Investing | 0.0 | 0.7 | 1.0 | — | |
| + Interest Received — Investing | 1.6 | 0.8 | 1.8 | — | |
| + Other Inflows / (Outflows) — Investing | -22.6 | -66.1 | 99.6 | — | |
| Cash from Investing Activities | -547.8 | -174.7 | -188.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 348.6 | 52.0 | 83.0 | — | |
| + Payment of Lease Liabilities | 6.2 | 6.4 | 6.5 | — | |
| + Interest Paid | 7.2 | 59.5 | 61.9 | — | |
| + Dividends Paid | 0.0 | 3.4 | 3.4 | — | |
| + Other Inflows / (Outflows) — Financing | 69.6 | 16.4 | 84.8 | — | |
| Cash from Financing Activities | 404.8 | -0.9 | 96.0 | — | |
| Net Changes in Cash (pre-FX) | -7.9 | 0.5 | 2.8 | — | |
| Net Changes in Cash | -7.9 | 0.5 | 2.8 | — | |
| Closing Cash | 0.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 176.1 | 111.0 | 174.4 | 232.2 | |
| EBITDA Margin % | 13.62 | 6.69 | 8.13 | 9.92 | |
| Free Cash Flow (CFO − Capex) | -399.2 | 56.4 | -198.7 | -198.7 | |
| Free Cash Flow to Equity | — | 65.3 | -92.8 | — | |
| Free Cash Flow per Basic Share | -234.57 | 33.16 | -116.72 | -116.72 | |
| Cash Flow to Net Income | 1.08 | 9.98 | 2.17 | — | |
| Cash Paid for Taxes | 16.8 | 1.4 | -2.1 | — | |
| Cash Paid for Interest | 7.2 | 59.5 | 61.9 | — | |