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 | 36.3 | 27.5 | 20.6 | — | |
| + Finance Costs | 22.1 | 16.7 | 21.2 | — | |
| + Interest Income | -0.2 | -0.0 | -0.3 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.2 | -0.3 | — | |
| + Share-based Payments | 0.5 | 0.3 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 0.5 | — | |
| + Other Non-cash Items | -5.5 | -36.2 | 3.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | 8.0 | 20.2 | 14.9 | — | |
| + Trade Receivables — Current | 1.1 | 0.2 | -0.0 | — | |
| + Other Current Assets | -10.5 | 0.1 | 4.9 | — | |
| + Trade Payables — Current | 6.4 | -11.8 | -40.3 | — | |
| + Other Current Liabilities | 0.8 | -8.8 | -1.5 | — | |
| + Provisions — Current | -2.4 | -0.5 | 5.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -85.7 | -35.0 | -66.6 | -77.7 | |
| + Total Adjustments (incl. Working Capital) | 56.5 | 7.5 | 28.9 | — | |
| Cash from Operations (pre-tax) | -29.2 | -27.5 | -37.8 | — | |
| + Income Taxes Paid | -0.5 | -0.0 | 0.0 | — | |
| Cash from Operating Activities | -28.7 | -27.5 | -37.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 6.8 | 1.3 | 1.8 | — | |
| + Interest Received — Investing | 0.2 | -0.0 | 0.3 | — | |
| Cash from Investing Activities | -6.6 | -1.3 | -1.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 47.3 | 12.0 | 48.7 | — | |
| + Proceeds from Other Equity Instruments | 13.2 | 4.9 | 0.0 | — | |
| + Proceeds from Borrowings | 26.3 | 43.6 | 37.0 | — | |
| + Repayment of Borrowings | 5.5 | 0.0 | 10.0 | — | |
| + Payment of Lease Liabilities | 38.0 | 30.3 | 10.9 | — | |
| + Interest Paid | 7.8 | 1.6 | 19.6 | — | |
| Cash from Financing Activities | 35.5 | 28.6 | 45.2 | — | |
| Net Changes in Cash (pre-FX) | 0.2 | -0.2 | 6.0 | — | |
| Net Changes in Cash | 0.2 | -0.2 | 6.0 | — | |
| Closing Cash | 2.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | -25.3 | -30.0 | -31.1 | -33.1 | |
| EBITDA Margin % | -11.54 | -25.18 | -32.46 | -27.04 | |
| Free Cash Flow (CFO − Capex) | -35.5 | -28.8 | -39.6 | -39.6 | |
| Free Cash Flow to Equity | — | 13.1 | -124.3 | — | |
| Free Cash Flow per Basic Share | -1.91 | -1.55 | -2.13 | -2.13 | |
| Cash Flow to Net Income | 0.34 | 0.79 | 0.57 | — | |
| Cash Paid for Taxes | -0.5 | -0.0 | 0.0 | — | |
| Cash Paid for Interest | 7.8 | 1.6 | 19.6 | — | |