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 | 13.4 | 14.9 | 17.0 | — | |
| + Impairment Loss / (Reversal) | 0.5 | 0.0 | 0.0 | — | |
| + Finance Costs | 5.4 | 6.6 | 4.7 | — | |
| + Interest Income | -3.2 | -3.3 | -8.1 | — | |
| + Dividend Income | 0.0 | -0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -4.8 | -1.9 | -5.0 | — | |
| + Share-based Payments | 0.0 | 0.3 | 1.4 | — | |
| + Unrealised FX (Gain) / Loss | 0.1 | 0.2 | 0.6 | — | |
| + Other Non-cash Items | 1.5 | 2.4 | -0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -1.5 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -56.8 | -0.7 | -8.8 | — | |
| + Trade Receivables — Current | -73.2 | -96.8 | -90.1 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -2.9 | — | |
| + Trade Payables — Current | 37.3 | 55.8 | 28.2 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | -1.7 | — | |
| + Provisions — Current | 5.4 | 3.6 | 5.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 40.5 | 83.6 | 117.7 | 126.2 | |
| + Total Adjustments (incl. Working Capital) | -74.4 | -20.4 | -59.4 | — | |
| Cash from Operations (pre-tax) | -33.9 | 63.2 | 58.3 | — | |
| + Income Taxes Paid | 11.7 | 18.4 | 33.7 | — | |
| Cash from Operating Activities | -45.6 | 44.8 | 24.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 26.0 | 35.2 | 37.8 | — | |
| + Disp of Fixed Assets | 0.2 | 0.1 | 2.9 | — | |
| + Disp of Other Long-term Assets | 3.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 7.3 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 8.9 | 10.0 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.6 | 6.5 | — | |
| + Loans & Advances Made | 10.7 | 16.0 | 17.0 | — | |
| + Loans & Advances Repaid | 18.2 | 8.1 | 26.7 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 3.0 | 3.4 | 7.2 | — | |
| + Other Inflows / (Outflows) — Investing | 19.5 | -45.3 | -5.7 | — | |
| Cash from Investing Activities | -1.7 | -87.0 | -17.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.5 | 131.5 | 0.0 | — | |
| + Proceeds from Borrowings | 50.3 | 1.6 | 0.0 | — | |
| + Repayment of Borrowings | 0.3 | 43.1 | -10.9 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.4 | 0.5 | — | |
| + Interest Paid | 4.6 | 5.2 | 3.3 | — | |
| + Dividends Paid | 0.0 | 0.0 | 4.0 | — | |
| + Other Inflows / (Outflows) — Financing | -12.7 | -10.8 | -19.7 | — | |
| Cash from Financing Activities | 33.1 | 73.7 | -16.6 | — | |
| Net Changes in Cash (pre-FX) | -14.1 | 31.5 | -9.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.2 | — | |
| Net Changes in Cash | -14.1 | 31.5 | -9.1 | — | |
| Closing Cash | 3.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 51.1 | 97.2 | 120.5 | 130.4 | |
| EBITDA Margin % | 20.14 | 26.66 | 25.28 | 25.51 | |
| Free Cash Flow (CFO − Capex) | -71.6 | 9.6 | -13.2 | -13.2 | |
| Free Cash Flow to Equity | — | -37.1 | -13.0 | — | |
| Free Cash Flow per Basic Share | -8.88 | 1.19 | -1.63 | -1.63 | |
| Cash Flow to Net Income | -1.52 | 0.73 | 0.28 | — | |
| Cash Paid for Taxes | 11.7 | 18.4 | 33.7 | — | |
| Cash Paid for Interest | 4.6 | 5.2 | 3.3 | — | |