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 | 18.9 | 17.2 | 21.5 | — | |
| + Impairment Loss / (Reversal) | 0.7 | 0.0 | 0.0 | — | |
| + Finance Costs | 107.1 | 77.5 | 106.5 | — | |
| + Interest Income | -11.5 | -56.5 | -33.2 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 2.3 | -6.3 | — | |
| + Share-based Payments | 0.0 | 0.0 | 21.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | -7.4 | 0.0 | — | |
| + Other Non-cash Items | 6.0 | -0.1 | 20.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -331.7 | -175.1 | -559.6 | — | |
| + Trade Receivables — Current | -512.6 | -379.3 | -389.8 | — | |
| + Other Financial Assets — Current | -3.9 | 1.3 | -2.4 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -0.8 | — | |
| + Other Current Assets | -72.2 | -7.5 | -32.2 | — | |
| + Other Non-current Assets | 0.0 | 2.3 | -3.8 | — | |
| + Trade Payables — Current | 555.1 | -5.9 | 679.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 191.7 | 268.7 | 371.3 | 430.0 | |
| + Total Adjustments (incl. Working Capital) | -244.0 | -531.1 | -179.4 | — | |
| Cash from Operations (pre-tax) | -52.3 | -262.4 | 191.9 | — | |
| + Income Taxes Paid | 49.7 | 36.8 | 78.2 | — | |
| Cash from Operating Activities | -102.0 | -299.2 | 113.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 7.1 | 7.9 | 8.3 | — | |
| + Disp of Fixed Assets | 0.1 | 0.1 | 0.2 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 1.2 | — | |
| + Loans & Advances Made | 0.0 | 0.1 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 0.5 | — | |
| + Interest Received — Investing | 8.8 | 60.1 | 25.0 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -0.3 | -0.0 | — | |
| Cash from Investing Activities | 1.8 | 51.9 | 18.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 706.5 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 0.0 | 47.2 | — | |
| + Repayment of Borrowings | 380.0 | -210.1 | 0.0 | — | |
| + Payment of Lease Liabilities | 6.4 | 6.6 | 11.5 | — | |
| + Interest Paid | 106.1 | 74.2 | 102.8 | — | |
| + Dividends Paid | 2.7 | 6.6 | 13.2 | — | |
| Cash from Financing Activities | 211.3 | 122.6 | -80.3 | — | |
| Net Changes in Cash (pre-FX) | 111.1 | -124.7 | 52.1 | — | |
| + Effect of FX Rate Changes on Cash | -0.7 | 1.3 | -6.0 | — | |
| Net Changes in Cash | 110.4 | -123.4 | 46.1 | — | |
| Closing Cash | 145.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 292.9 | 300.3 | 458.7 | 510.5 | |
| EBITDA Margin % | 2.64 | 2.18 | 2.90 | 2.87 | |
| Free Cash Flow (CFO − Capex) | -109.1 | -307.1 | 105.4 | 105.4 | |
| Free Cash Flow to Equity | — | -167.9 | 62.1 | — | |
| Free Cash Flow per Basic Share | -16.55 | -46.60 | 16.00 | 16.00 | |
| Price to Free Cash Flow | — | — | — | 50.50 | |
| Cash Flow to Net Income | -0.71 | -1.43 | 0.40 | — | |
| Cash Paid for Taxes | 49.7 | 36.8 | 78.2 | — | |
| Cash Paid for Interest | 106.1 | 74.2 | 102.8 | — | |