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 | 16.4 | 20.7 | 24.5 | — | |
| + Impairment Loss / (Reversal) | -1.5 | 1.2 | 0.4 | — | |
| + Finance Costs | 46.1 | 58.2 | 47.0 | — | |
| + Interest Income | -2.2 | -7.8 | -7.9 | — | |
| + Dividend Income | 0.0 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -5.7 | -0.3 | -0.0 | — | |
| + Share-based Payments | 2.7 | 2.2 | 0.5 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | 0.5 | -3.0 | — | |
| + Undistributed Profits of Associates | 0.1 | -0.2 | -0.2 | — | |
| + Other Non-cash Items | 10.5 | 4.8 | 4.2 | — | |
| + Other — Cash Effects are Investing / Financing | -0.0 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -51.5 | -105.9 | -149.5 | — | |
| + Trade Receivables — Current | -33.8 | -42.0 | 71.9 | — | |
| + Other Financial Assets — Current | 4.1 | 1.2 | -0.7 | — | |
| + Other Current Assets | -47.9 | -178.8 | 7.3 | — | |
| + Trade Payables — Current | -29.9 | 243.3 | 105.6 | — | |
| + Other Financial Liabilities — Current | 0.1 | -0.0 | 8.3 | — | |
| + Other Current Liabilities | 15.8 | -18.4 | -3.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 64.5 | 50.0 | 40.6 | 36.5 | |
| + Total Adjustments (incl. Working Capital) | -77.1 | -21.0 | 105.3 | — | |
| Cash from Operations (pre-tax) | -12.6 | 28.9 | 145.9 | — | |
| + Income Taxes Paid | 9.2 | 13.5 | 13.9 | — | |
| Cash from Operating Activities | -21.8 | 15.4 | 132.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 66.5 | 57.4 | 38.3 | — | |
| + Disp of Fixed Assets | 0.0 | 1.5 | 0.3 | — | |
| + Acq of Other Long-term Assets | 0.4 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.2 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 8.3 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 18.3 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | -3.6 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.0 | 5.8 | 2.4 | — | |
| + Other Inflows / (Outflows) — Investing | -11.8 | 15.6 | 0.0 | — | |
| Cash from Investing Activities | -94.6 | -29.7 | -35.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 49.7 | 99.0 | 0.6 | — | |
| + Proceeds from Borrowings | 169.5 | 29.7 | 59.2 | — | |
| + Repayment of Borrowings | 98.8 | 69.5 | 41.6 | — | |
| + Payment of Lease Liabilities | 3.5 | 4.1 | 4.6 | — | |
| + Interest Paid | 53.8 | 50.5 | 49.1 | — | |
| + Dividends Paid | 2.7 | 2.2 | 2.2 | — | |
| Cash from Financing Activities | 60.4 | 2.4 | -37.6 | — | |
| Net Changes in Cash (pre-FX) | -56.1 | -11.9 | 58.9 | — | |
| Net Changes in Cash | -56.1 | -11.9 | 58.9 | — | |
| Closing Cash | -124.5 | -136.6 | — | — | |
| Reference Items | |||||
| EBITDA | 120.3 | 116.3 | 100.2 | 95.3 | |
| EBITDA Margin % | 11.80 | 11.72 | 11.54 | 12.07 | |
| Free Cash Flow (CFO − Capex) | -88.3 | -41.9 | 93.7 | 93.7 | |
| Free Cash Flow to Equity | — | -132.3 | 38.4 | — | |
| Free Cash Flow per Basic Share | -12.00 | -5.70 | 12.75 | 12.75 | |
| Price to Free Cash Flow | — | — | — | 4.48 | |
| Cash Flow to Net Income | -0.59 | 0.37 | 4.77 | — | |
| Cash Paid for Taxes | 9.2 | 13.5 | 13.9 | — | |
| Cash Paid for Interest | 53.8 | 50.5 | 49.1 | — | |