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 | 19.7 | 22.1 | 37.9 | — | |
| + Finance Costs | 40.0 | 53.7 | 83.8 | — | |
| + Interest Income | -1.5 | -2.6 | -3.2 | — | |
| + Dividend Income | -0.6 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -0.1 | 0.1 | -0.0 | — | |
| + Share-based Payments | 0.7 | 1.5 | 0.8 | — | |
| + Unrealised FX (Gain) / Loss | 0.9 | -1.4 | -2.4 | — | |
| + Other Non-cash Items | -2.2 | -1.1 | 1.8 | — | |
| + Other — Cash Effects are Investing / Financing | -3.0 | -2.1 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 0.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -8.9 | -35.4 | -252.4 | — | |
| + Trade Receivables — Current | 19.3 | -62.1 | -247.4 | — | |
| + Other Financial Assets — Current | -0.3 | 4.3 | -2.6 | — | |
| + Other Financial Assets — Non-current | -0.6 | -0.4 | -1.2 | — | |
| + Other Current Assets | -24.1 | -7.2 | -45.2 | — | |
| + Other Non-current Assets | -0.6 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 51.3 | 175.1 | 216.1 | — | |
| + Other Financial Liabilities — Current | 1.3 | 0.9 | 2.9 | — | |
| + Other Financial Liabilities — Non-current | 0.1 | -0.0 | -0.1 | — | |
| + Other Current Liabilities | 0.8 | 6.2 | 4.7 | — | |
| + Provisions — Current | 0.6 | -1.1 | -0.0 | — | |
| + Provisions — Non-current | 0.3 | 0.2 | 2.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 74.3 | 98.3 | 156.9 | 204.4 | |
| + Total Adjustments (incl. Working Capital) | 93.0 | 150.9 | -203.7 | — | |
| Cash from Operations (pre-tax) | 167.3 | 249.2 | -46.8 | — | |
| + Income Taxes Paid | 29.0 | 21.8 | 46.2 | — | |
| Cash from Operating Activities | 138.4 | 227.3 | -93.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 115.6 | 243.0 | 171.1 | — | |
| + Disp of Fixed Assets | 9.6 | 5.4 | 0.3 | — | |
| + Disp of Investment Property | 121.2 | 0.6 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 2.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 30.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.6 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.7 | 2.6 | 3.8 | — | |
| + Other Inflows / (Outflows) — Investing | -22.2 | -3.5 | 18.3 | — | |
| Cash from Investing Activities | -5.6 | -268.0 | -150.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 5.2 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.4 | 0.5 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 14.4 | 0.0 | — | |
| + Proceeds from Borrowings | 6.0 | 90.4 | 358.0 | — | |
| + Repayment of Borrowings | 44.5 | 22.6 | 0.0 | — | |
| + Payment of Lease Liabilities | 12.9 | 10.7 | 10.9 | — | |
| + Interest Paid | 39.0 | 50.8 | 82.2 | — | |
| + Dividends Paid | 22.0 | 11.0 | 11.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -7.0 | -3.5 | — | |
| Cash from Financing Activities | -107.2 | 3.1 | 250.1 | — | |
| Net Changes in Cash (pre-FX) | 25.5 | -37.6 | 6.4 | — | |
| Net Changes in Cash | 25.5 | -37.6 | 6.4 | — | |
| Closing Cash | 39.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 119.0 | 156.3 | 263.6 | 353.2 | |
| EBITDA Margin % | 3.99 | 4.25 | 5.09 | 5.02 | |
| Free Cash Flow (CFO − Capex) | 22.8 | -15.6 | -264.1 | -264.1 | |
| Free Cash Flow to Equity | — | 2.1 | 11.6 | — | |
| Free Cash Flow per Basic Share | 2.44 | -1.68 | -28.29 | -28.29 | |
| Cash Flow to Net Income | 2.53 | 3.24 | -0.86 | — | |
| Cash Paid for Taxes | 29.0 | 21.8 | 46.2 | — | |
| Cash Paid for Interest | 39.0 | 50.8 | 82.2 | — | |