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 | 88.5 | 95.2 | 91.3 | — | |
| + Finance Costs | 66.2 | 74.2 | 54.4 | — | |
| + Interest Income | -5.9 | -10.3 | -5.1 | — | |
| + Dividend Income | -0.8 | -0.6 | -0.6 | — | |
| + Fair Value (Gains) / Losses | -0.8 | -0.8 | -0.7 | — | |
| + Other — Cash Effects are Investing / Financing | 15.3 | -2.4 | -2.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -327.0 | 259.6 | 15.5 | — | |
| + Trade Receivables — Current | -113.5 | -190.1 | 106.7 | — | |
| + Other Financial Assets — Current | 0.3 | 0.1 | 0.3 | — | |
| + Other Financial Assets — Non-current | 0.0 | -0.7 | -2.8 | — | |
| + Other Current Assets | -44.4 | 6.8 | -96.7 | — | |
| + Other Non-current Assets | -0.7 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -71.4 | -1.6 | 15.3 | — | |
| + Other Financial Liabilities — Current | 0.6 | -1.7 | 0.8 | — | |
| + Other Financial Liabilities — Non-current | -0.4 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 110.6 | -109.7 | 19.5 | — | |
| + Other Non-current Liabilities | -1.7 | 0.9 | -1.8 | — | |
| + Provisions — Current | 1.3 | 3.1 | 1.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -61.4 | 21.1 | 26.0 | 98.4 | |
| + Total Adjustments (incl. Working Capital) | -283.8 | 122.1 | 195.3 | — | |
| Cash from Operations (pre-tax) | -345.2 | 143.2 | 221.3 | — | |
| + Interest Paid — Operating | 43.2 | 52.2 | 40.2 | — | |
| + Income Taxes Paid | 6.4 | -2.1 | -8.7 | — | |
| Cash from Operating Activities | -394.7 | 93.1 | 189.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 115.3 | 45.2 | 71.2 | — | |
| + Disp of Fixed Assets | 30.0 | 3.3 | 3.4 | — | |
| + Acq of Other Long-term Assets | 0.0 | -45.8 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | -17.3 | — | |
| + Purchase of Investments (Equity / Debt) | 5.2 | 2.9 | 6.3 | — | |
| + Sale of Investments (Equity / Debt) | 15.3 | 2.4 | 0.2 | — | |
| + Loans & Advances Made | -19.2 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.8 | 0.6 | 0.6 | — | |
| + Interest Received — Investing | 5.9 | 10.3 | 5.1 | — | |
| Cash from Investing Activities | -49.3 | 14.3 | -85.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 488.9 | 24.3 | 97.2 | — | |
| + Repayment of Borrowings | 67.8 | 74.4 | 90.8 | — | |
| + Interest Paid | 23.0 | 22.0 | 14.1 | — | |
| + Dividends Paid | 5.4 | 3.6 | 3.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -124.3 | — | |
| Cash from Financing Activities | 392.7 | -75.7 | -135.7 | — | |
| Net Changes in Cash (pre-FX) | -51.3 | 31.6 | -31.4 | — | |
| Net Changes in Cash | -51.3 | 31.6 | -31.4 | — | |
| Closing Cash | 1.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 77.7 | 156.2 | 156.6 | 226.0 | |
| EBITDA Margin % | 2.55 | 4.76 | 4.87 | 6.72 | |
| Free Cash Flow (CFO − Capex) | -510.1 | 47.9 | 118.6 | 118.6 | |
| Free Cash Flow to Equity | — | -24.3 | -13.5 | — | |
| Free Cash Flow per Basic Share | -141.43 | 13.28 | 32.88 | 32.88 | |
| Price to Free Cash Flow | — | — | — | 8.15 | |
| Cash Flow to Net Income | 7.73 | 7.54 | 8.70 | — | |
| Cash Paid for Taxes | 6.4 | -2.1 | -8.7 | — | |
| Cash Paid for Interest | 23.0 | 22.0 | 14.1 | — | |