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 | 1.4 | 2.8 | 4.3 | — | |
| + Finance Costs | 7.9 | 9.5 | 14.1 | — | |
| + Interest Income | -0.3 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | 0.0 | -0.0 | — | |
| + Other Non-cash Items | 0.1 | 0.7 | 0.6 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -0.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -75.0 | -68.1 | -43.4 | — | |
| + Trade Receivables — Current | 9.3 | -4.9 | -39.2 | — | |
| + Other Financial Assets — Current | 0.0 | -1.5 | 2.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | -0.1 | -0.8 | — | |
| + Other Current Assets | -2.0 | 0.3 | -0.1 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | 0.0 | — | |
| + Other Bank Balances | -0.1 | -0.2 | -0.1 | — | |
| + Trade Payables — Current | -12.0 | 5.4 | -1.5 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.3 | 0.3 | — | |
| + Other Current Liabilities | 1.4 | 1.5 | 2.0 | — | |
| + Provisions — Current | 0.4 | 0.0 | 0.2 | — | |
| + Provisions — Non-current | 0.0 | 0.5 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 29.6 | 52.5 | 73.9 | 76.5 | |
| + Total Adjustments (incl. Working Capital) | -68.9 | -53.7 | -61.8 | — | |
| Cash from Operations (pre-tax) | -39.2 | -1.2 | 12.2 | — | |
| + Interest Received — Operating | 0.0 | -0.5 | -0.2 | — | |
| + Income Taxes Paid | 9.0 | 13.1 | 19.3 | — | |
| Cash from Operating Activities | -48.2 | -14.9 | -7.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1.6 | 4.6 | 32.7 | — | |
| + Acq of Intangible Assets | 2.1 | 0.8 | 0.4 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.3 | 0.6 | 0.2 | — | |
| + Other Inflows / (Outflows) — Investing | -0.4 | -0.1 | -0.0 | — | |
| Cash from Investing Activities | -3.8 | -4.9 | -32.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 10.0 | 0.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 83.4 | -0.2 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 40.1 | 55.1 | — | |
| + Repayment of Borrowings | 26.6 | 22.5 | 1.5 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.2 | 0.8 | — | |
| + Interest Paid | 7.9 | 9.4 | 12.2 | — | |
| Cash from Financing Activities | 58.9 | 7.9 | 40.5 | — | |
| Net Changes in Cash (pre-FX) | 6.8 | -11.9 | 0.3 | — | |
| Net Changes in Cash | 6.8 | -11.9 | 0.3 | — | |
| Closing Cash | 12.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 38.5 | 64.3 | 91.9 | 96.8 | |
| EBITDA Margin % | 11.75 | 12.13 | 14.43 | 14.20 | |
| Free Cash Flow (CFO − Capex) | -51.9 | -20.3 | -40.4 | -40.4 | |
| Free Cash Flow to Equity | — | -12.1 | 1.5 | — | |
| Free Cash Flow per Basic Share | -12.99 | -5.08 | -10.09 | -10.09 | |
| Cash Flow to Net Income | -2.24 | -0.38 | -0.13 | — | |
| Cash Paid for Taxes | 9.0 | 13.1 | 19.3 | — | |
| Cash Paid for Interest | 7.9 | 9.4 | 12.2 | — | |