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 | 54.0 | 80.5 | 104.7 | — | |
| + Finance Costs | 50.0 | 67.8 | 83.4 | — | |
| + Interest Income | -2.7 | -8.0 | -4.0 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -0.1 | -0.0 | -0.0 | — | |
| + Share-based Payments | 0.0 | 0.6 | 10.3 | — | |
| + Unrealised FX (Gain) / Loss | 1.0 | 0.7 | 4.7 | — | |
| + Other Non-cash Items | -5.4 | 0.0 | 0.1 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -1.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -30.9 | -33.8 | -65.8 | — | |
| + Trade Receivables — Current | -29.2 | 21.7 | 50.3 | — | |
| + Other Financial Assets — Current | -0.1 | -7.2 | 12.2 | — | |
| + Other Financial Assets — Non-current | 4.8 | -19.1 | 14.5 | — | |
| + Other Current Assets | -67.7 | -1.2 | -26.7 | — | |
| + Other Non-current Assets | -0.2 | -2.8 | 1.6 | — | |
| + Trade Payables — Current | -24.8 | 57.4 | -105.6 | — | |
| + Other Financial Liabilities — Current | 3.8 | 4.9 | -2.8 | — | |
| + Other Current Liabilities | -1.4 | 5.2 | -0.4 | — | |
| + Provisions — Current | 1.9 | -0.4 | 0.2 | — | |
| + Provisions — Non-current | 9.1 | -1.1 | -2.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 121.9 | 161.6 | 167.6 | 167.3 | |
| + Total Adjustments (incl. Working Capital) | -37.8 | 165.1 | 72.6 | — | |
| Cash from Operations (pre-tax) | 84.1 | 326.7 | 240.1 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -0.6 | 0.0 | — | |
| + Income Taxes Paid | 10.5 | 37.5 | 35.2 | — | |
| Cash from Operating Activities | 73.6 | 288.5 | 204.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 238.8 | 326.2 | 191.5 | — | |
| + Acq of Intangible Assets | 0.2 | 0.0 | 1.0 | — | |
| + Disp of Fixed Assets | 1.0 | 7.6 | 2.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 225.8 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.3 | 8.1 | 4.5 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 11.0 | — | |
| Cash from Investing Activities | -235.7 | -536.2 | -174.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 346.9 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 0.0 | 33.1 | — | |
| + Proceeds from Borrowings | 274.7 | 244.9 | 309.8 | — | |
| + Repayment of Borrowings | 28.0 | 223.2 | 212.2 | — | |
| + Payment of Lease Liabilities | -14.3 | -30.0 | -0.3 | — | |
| + Payment of Finance Lease Liabilities | 1.3 | — | — | — | |
| + Interest Paid | 49.5 | 67.6 | 82.0 | — | |
| + Dividends Paid | 3.8 | 5.3 | 5.6 | — | |
| + Other Inflows / (Outflows) — Financing | -8.0 | -56.4 | 13.5 | — | |
| Cash from Financing Activities | 198.4 | 269.3 | -9.2 | — | |
| Net Changes in Cash (pre-FX) | 36.2 | 21.6 | 20.8 | — | |
| Net Changes in Cash | 36.2 | 21.6 | 20.8 | — | |
| Closing Cash | 75.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 177.7 | 271.1 | 315.5 | 326.6 | |
| EBITDA Margin % | 14.79 | 15.91 | 16.50 | 16.45 | |
| Free Cash Flow (CFO − Capex) | -165.4 | -37.6 | 12.4 | 12.4 | |
| Free Cash Flow to Equity | — | -63.4 | 50.8 | — | |
| Free Cash Flow per Basic Share | -43.92 | -9.99 | 3.30 | 3.30 | |
| Price to Free Cash Flow | — | — | — | 354.39 | |
| Cash Flow to Net Income | 0.82 | 2.36 | 1.74 | — | |
| Cash Paid for Taxes | 10.5 | 37.5 | 35.2 | — | |
| Cash Paid for Interest | 49.5 | 67.6 | 82.0 | — | |