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 | 60.3 | 0.0 | 70.7 | — | |
| + Finance Costs | 76.2 | 93.1 | 81.4 | — | |
| + Interest Income | 0.0 | 3.1 | -2.6 | — | |
| + Fair Value (Gains) / Losses | -0.8 | 0.0 | 0.0 | — | |
| + Share-based Payments | 0.0 | 0.3 | 5.2 | — | |
| + Unrealised FX (Gain) / Loss | 2.5 | 2.5 | -15.1 | — | |
| + Other Non-cash Items | -1.0 | 0.0 | -31.8 | — | |
| + Other Reconciling Items | -15.8 | 9.6 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -41.8 | 37.4 | -152.4 | — | |
| + Trade Receivables — Current | -133.0 | -63.9 | 63.7 | — | |
| + Trade Payables — Current | 67.9 | 8.3 | -7.7 | — | |
| + Provisions — Current | 14.7 | 0.5 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 2.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 85.9 | 132.6 | 152.4 | 152.5 | |
| + Total Adjustments (incl. Working Capital) | 29.1 | 90.9 | 14.2 | — | |
| Cash from Operations (pre-tax) | 115.0 | 223.5 | 166.6 | — | |
| + Interest Received — Operating | -4.2 | 0.0 | 0.0 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 17.1 | — | |
| + Income Taxes Paid | 11.7 | 11.5 | 0.0 | — | |
| Cash from Operating Activities | 99.1 | 212.0 | 149.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 61.2 | 123.9 | 106.1 | — | |
| + Acq of Intangible Assets | 0.0 | 1.7 | 3.1 | — | |
| + Disp of Fixed Assets | 0.0 | 0.1 | 17.5 | — | |
| + Disp of Biological Assets | 0.6 | 0.6 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 4.6 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 3.2 | 2.1 | 3.3 | — | |
| + Other Inflows / (Outflows) — Investing | 9.1 | -9.7 | -9.5 | — | |
| Cash from Investing Activities | -52.9 | -132.4 | -98.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 14.1 | 0.0 | 40.3 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 77.5 | — | |
| + Proceeds from Borrowings | 38.5 | 45.3 | 34.3 | — | |
| + Repayment of Borrowings | 19.0 | 21.9 | 106.2 | — | |
| + Payment of Lease Liabilities | 8.0 | 16.3 | 19.8 | — | |
| + Interest Paid | 75.0 | 85.7 | 74.2 | — | |
| + Dividends Paid | 0.0 | 6.0 | 11.9 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 6.2 | 0.0 | — | |
| Cash from Financing Activities | -49.4 | -78.4 | -60.1 | — | |
| Net Changes in Cash (pre-FX) | -3.2 | 1.3 | -8.6 | — | |
| Net Changes in Cash | -3.2 | 1.3 | -8.6 | — | |
| Closing Cash | 10.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 197.1 | 252.7 | 256.8 | 267.1 | |
| EBITDA Margin % | 6.28 | 7.36 | 6.73 | 6.83 | |
| Free Cash Flow (CFO − Capex) | 37.9 | 86.5 | 40.2 | 40.2 | |
| Free Cash Flow to Equity | — | 4.5 | -109.0 | — | |
| Free Cash Flow per Basic Share | 3.03 | 6.92 | 3.22 | 3.22 | |
| Price to Free Cash Flow | — | — | — | 82.16 | |
| Cash Flow to Net Income | 1.09 | 1.78 | 1.11 | — | |
| Cash Paid for Taxes | 11.7 | 11.5 | 0.0 | — | |
| Cash Paid for Interest | 75.0 | 85.7 | 74.2 | — | |