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 | 27.2 | 29.1 | 32.0 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 2.0 | — | |
| + Finance Costs | 75.7 | 65.0 | 46.5 | — | |
| + Interest Income | 3.0 | -3.0 | -1.3 | — | |
| + Share-based Payments | 1.2 | 0.4 | 0.6 | — | |
| + Unrealised FX (Gain) / Loss | -1.2 | -0.4 | -1.1 | — | |
| + Other Non-cash Items | 14.5 | 46.3 | 47.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -29.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 143.7 | 81.2 | -9.0 | — | |
| + Trade Receivables — Current | -12.4 | 409.0 | -209.0 | — | |
| + Other Financial Assets — Current | 0.0 | 0.2 | 0.0 | — | |
| + Other Financial Assets — Non-current | -0.1 | 0.0 | 0.0 | — | |
| + Other Current Assets | -32.6 | 42.0 | 4.8 | — | |
| + Trade Payables — Current | -155.0 | -33.1 | -13.4 | — | |
| + Other Financial Liabilities — Current | 76.7 | -42.1 | 0.0 | — | |
| + Other Current Liabilities | 2.4 | 19.8 | -19.7 | — | |
| + Provisions — Current | 2.1 | 4.6 | 0.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -77.4 | -119.6 | 9.7 | 20.0 | |
| + Total Adjustments (incl. Working Capital) | 145.1 | 589.7 | -119.5 | — | |
| Cash from Operations (pre-tax) | 67.8 | 470.1 | -109.7 | — | |
| + Income Taxes Paid | 17.4 | 1.1 | -5.6 | — | |
| Cash from Operating Activities | 50.4 | 469.0 | -104.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 39.0 | 33.4 | 30.3 | — | |
| + Disp of Fixed Assets | 0.0 | 2.8 | 0.6 | — | |
| + Interest Received — Investing | 2.9 | 2.9 | 1.0 | — | |
| + Other Inflows / (Outflows) — Investing | -1.6 | 31.6 | -29.7 | — | |
| Cash from Investing Activities | -37.7 | 3.9 | -58.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 10.0 | 247.6 | — | |
| + Proceeds from Exercise of Stock Options | 0.9 | 0.9 | 3.1 | — | |
| + Proceeds from Borrowings | 130.0 | 0.0 | 62.8 | — | |
| + Repayment of Borrowings | 61.9 | 391.2 | 157.9 | — | |
| + Payment of Lease Liabilities | 9.8 | 1.6 | 2.0 | — | |
| + Interest Paid | 76.2 | 66.0 | 0.0 | — | |
| + Dividends Paid | 5.0 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -45.8 | — | |
| Cash from Financing Activities | -21.8 | -447.9 | 107.9 | — | |
| Net Changes in Cash (pre-FX) | -9.1 | 25.0 | -54.7 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | 0.0 | 0.1 | — | |
| Net Changes in Cash | -9.2 | 25.0 | -54.6 | — | |
| Closing Cash | -9.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 17.0 | -62.9 | 102.8 | 106.1 | |
| EBITDA Margin % | 0.96 | -5.09 | 6.49 | 6.98 | |
| Free Cash Flow (CFO − Capex) | 11.4 | 435.6 | -134.4 | -134.4 | |
| Free Cash Flow to Equity | — | -23.1 | -229.2 | — | |
| Free Cash Flow per Basic Share | 0.49 | 18.60 | -5.74 | -5.74 | |
| Cash Flow to Net Income | -0.86 | -5.09 | -22.79 | — | |
| Cash Paid for Taxes | 17.4 | 1.1 | -5.6 | — | |
| Cash Paid for Interest | 76.2 | 66.0 | 0.0 | — | |