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 | 24.0 | 33.1 | 34.5 | — | |
| + Finance Costs | 17.2 | 17.0 | 13.6 | — | |
| + Interest Income | 0.0 | 0.0 | -2.5 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.2 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -0.1 | — | |
| + Other Non-cash Items | -4.3 | 0.1 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -0.9 | -0.6 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -0.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.6 | -1.7 | 0.3 | — | |
| + Trade Receivables — Current | 4.1 | -8.6 | -6.5 | — | |
| + Other Financial Assets — Current | 2.8 | 3.0 | -3.0 | — | |
| + Other Financial Assets — Non-current | 1.5 | -4.6 | 0.0 | — | |
| + Other Current Assets | 1.3 | -2.2 | 3.2 | — | |
| + Other Non-current Assets | -0.4 | -0.4 | 0.0 | — | |
| + Trade Payables — Current | -2.7 | 6.1 | 0.5 | — | |
| + Other Financial Liabilities — Current | -0.5 | 1.6 | 1.6 | — | |
| + Other Financial Liabilities — Non-current | -4.9 | 0.1 | 0.0 | — | |
| + Other Current Liabilities | -2.1 | 5.6 | 5.9 | — | |
| + Other Non-current Liabilities | 1.1 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | -0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 67.8 | 63.2 | 92.2 | 91.6 | |
| + Total Adjustments (incl. Working Capital) | 35.7 | 48.7 | 46.7 | — | |
| Cash from Operations (pre-tax) | 103.5 | 111.9 | 138.9 | — | |
| + Interest Received — Operating | -2.6 | -0.9 | 0.0 | — | |
| + Dividends Received — Operating | -0.1 | -0.2 | 0.0 | — | |
| + Income Taxes Paid | 10.3 | 11.1 | 11.3 | — | |
| Cash from Operating Activities | 90.6 | 99.7 | 127.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 75.4 | 70.6 | 34.7 | — | |
| + Disp of Fixed Assets | 1.6 | 0.6 | 0.2 | — | |
| + Acq of Other Long-term Assets | 2.7 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 15.8 | — | |
| + Dividends Received — Investing | 3.2 | 1.3 | 0.7 | — | |
| + Interest Received — Investing | 2.3 | 0.7 | 2.4 | — | |
| + Other Inflows / (Outflows) — Investing | 14.1 | 12.3 | 0.1 | — | |
| Cash from Investing Activities | -56.8 | -55.8 | -47.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 15.0 | 84.0 | 169.0 | — | |
| + Repayment of Borrowings | 28.5 | 103.1 | 222.0 | — | |
| + Interest Paid | 18.0 | 17.9 | 13.6 | — | |
| + Dividends Paid | 8.9 | 8.9 | 8.9 | — | |
| Cash from Financing Activities | -40.4 | -46.0 | -75.5 | — | |
| Net Changes in Cash (pre-FX) | -6.7 | -2.0 | 4.9 | — | |
| + Effect of FX Rate Changes on Cash | -0.0 | -0.0 | 0.3 | — | |
| Net Changes in Cash | -6.7 | -2.1 | 5.2 | — | |
| Closing Cash | 7.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 97.8 | 110.1 | 132.4 | 130.2 | |
| EBITDA Margin % | 24.88 | 25.04 | 26.80 | 26.16 | |
| Free Cash Flow (CFO − Capex) | 15.1 | 29.0 | 92.8 | 92.8 | |
| Free Cash Flow to Equity | — | -7.9 | 26.2 | — | |
| Free Cash Flow per Basic Share | 0.85 | 1.63 | 5.20 | 5.20 | |
| Price to Free Cash Flow | — | — | — | 26.77 | |
| Cash Flow to Net Income | 1.82 | 2.54 | 1.88 | — | |
| Cash Paid for Taxes | 10.3 | 11.1 | 11.3 | — | |
| Cash Paid for Interest | 18.0 | 17.9 | 13.6 | — | |