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 | 46.6 | 65.6 | 88.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.6 | 0.6 | — | |
| + Finance Costs | 0.0 | 82.5 | 95.2 | — | |
| + Interest Income | -11.3 | -34.4 | -50.4 | — | |
| + Share-based Payments | 15.4 | 17.1 | 12.3 | — | |
| + Other Non-cash Items | 8.5 | 9.6 | 11.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -194.3 | -774.2 | -285.1 | — | |
| + Trade Receivables — Current | -115.2 | -428.9 | -204.5 | — | |
| + Other Financial Assets — Current | -12.7 | -29.1 | -99.2 | — | |
| + Other Financial Assets — Non-current | -4.0 | -1.5 | -1.0 | — | |
| + Other Current Assets | -39.2 | -325.5 | -50.1 | — | |
| + Other Non-current Assets | -0.0 | 0.4 | -0.1 | — | |
| + Trade Payables — Current | 256.5 | 728.3 | 383.0 | — | |
| + Other Financial Liabilities — Current | 13.4 | 85.1 | 26.1 | — | |
| + Other Current Liabilities | 22.4 | 226.6 | -62.0 | — | |
| + Other Non-current Liabilities | 5.9 | 2.1 | 20.6 | — | |
| + Provisions — Current | 0.1 | 0.6 | -0.0 | — | |
| + Provisions — Non-current | 2.1 | 2.7 | 1.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 176.5 | 364.7 | 251.9 | 261.7 | |
| + Total Adjustments (incl. Working Capital) | -7.8 | -372.4 | -113.5 | — | |
| Cash from Operations (pre-tax) | 168.7 | -7.7 | 138.4 | — | |
| + Interest Paid — Operating | -48.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 30.3 | 68.9 | 72.2 | — | |
| Cash from Operating Activities | 186.3 | -76.6 | 66.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 227.2 | 488.2 | 784.9 | — | |
| + Disp of Fixed Assets | 1.0 | 1.0 | 1.7 | — | |
| + Acq of Other Long-term Assets | 136.4 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 45.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | -0.1 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 746.7 | -529.6 | — | |
| + Interest Received — Investing | 8.5 | 32.5 | 56.0 | — | |
| Cash from Investing Activities | -399.2 | -1,201.4 | -197.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 491.8 | 1,489.9 | 16.7 | — | |
| + Proceeds from Borrowings | -90.0 | 55.8 | 390.0 | — | |
| + Repayment of Borrowings | 111.7 | 115.2 | 192.3 | — | |
| + Payment of Lease Liabilities | 7.4 | 13.3 | 30.6 | — | |
| + Interest Paid | 48.3 | 82.9 | 94.9 | — | |
| + Dividends Paid | 0.0 | 5.2 | 7.1 | — | |
| Cash from Financing Activities | 234.4 | 1,329.0 | 81.8 | — | |
| Net Changes in Cash (pre-FX) | 21.5 | 51.0 | -49.7 | — | |
| Net Changes in Cash | 21.5 | 51.0 | -49.7 | — | |
| Closing Cash | 30.2 | 81.2 | — | — | |
| Reference Items | |||||
| EBITDA | 261.8 | 484.1 | 387.0 | 413.9 | |
| EBITDA Margin % | 9.53 | 9.94 | 7.32 | 7.11 | |
| Free Cash Flow (CFO − Capex) | -40.9 | -564.8 | -718.6 | -718.6 | |
| Free Cash Flow to Equity | — | -706.3 | -519.0 | — | |
| Free Cash Flow per Basic Share | -1.43 | -19.79 | -25.19 | -25.19 | |
| Cash Flow to Net Income | 1.38 | -0.27 | 0.34 | — | |
| Cash Paid for Taxes | 30.3 | 68.9 | 72.2 | — | |
| Cash Paid for Interest | 48.3 | 82.9 | 94.9 | — | |