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 | 118.5 | 101.6 | 100.7 | — | |
| + Impairment Loss / (Reversal) | 5.5 | 0.0 | 0.0 | — | |
| + Finance Costs | 58.2 | 56.0 | 54.7 | — | |
| + Interest Income | 0.0 | 0.0 | -1.7 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 2.1 | — | |
| + Unrealised FX (Gain) / Loss | -2.2 | -3.5 | 2.9 | — | |
| + Other Non-cash Items | -1.4 | -2.6 | 3.5 | — | |
| + Other Reconciling Items | -11.5 | 5.7 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -5.1 | -22.0 | 25.7 | — | |
| + Trade Receivables — Current | 61.9 | -39.4 | 0.0 | — | |
| + Trade Receivables — Non-current | 0.3 | 0.0 | 17.9 | — | |
| + Other Financial Assets — Current | -11.3 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | -12.6 | -16.4 | — | |
| + Trade Payables — Current | -9.1 | 54.7 | 38.8 | — | |
| + Other Current Liabilities | 0.0 | 11.1 | 33.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 57.4 | 42.6 | 69.5 | 47.0 | |
| + Total Adjustments (incl. Working Capital) | 204.1 | 149.0 | 262.1 | — | |
| Cash from Operations (pre-tax) | 261.5 | 191.6 | 331.5 | — | |
| + Interest Received — Operating | -3.4 | -3.0 | 0.0 | — | |
| + Income Taxes Paid | 10.9 | 5.6 | 5.9 | — | |
| Cash from Operating Activities | 247.2 | 183.1 | 325.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 170.6 | 158.5 | 296.0 | — | |
| + Disp of Fixed Assets | 16.4 | 0.0 | 3.5 | — | |
| + Acq of Investment Property | 1.9 | 0.0 | 1.6 | — | |
| + Disp of Investment Property | 0.0 | 26.6 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | -6.3 | — | |
| + Investment in Partnership Firms / LLPs | -43.9 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 3.3 | 3.0 | 1.4 | — | |
| + Other Inflows / (Outflows) — Investing | 5.7 | 3.7 | 0.0 | — | |
| Cash from Investing Activities | -103.2 | -125.3 | -286.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 50.5 | 147.0 | 240.3 | — | |
| + Repayment of Borrowings | 133.5 | 130.5 | 213.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 11.6 | 7.2 | — | |
| + Payment of Finance Lease Liabilities | 10.1 | — | — | — | |
| + Interest Paid | 58.5 | 53.5 | 54.5 | — | |
| + Dividends Paid | 10.2 | 8.1 | 7.1 | — | |
| + Other Inflows / (Outflows) — Financing | 8.6 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -153.2 | -56.7 | -42.3 | — | |
| Net Changes in Cash (pre-FX) | -9.2 | 1.0 | -3.1 | — | |
| + Effect of FX Rate Changes on Cash | 0.8 | 1.1 | 5.4 | — | |
| Net Changes in Cash | -8.4 | 2.1 | 2.3 | — | |
| Closing Cash | 8.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 222.0 | 188.5 | 223.2 | 204.1 | |
| EBITDA Margin % | 10.28 | 8.52 | 9.01 | 7.59 | |
| Free Cash Flow (CFO − Capex) | 76.7 | 24.6 | 29.6 | 29.6 | |
| Free Cash Flow to Equity | — | -10.9 | 4.6 | — | |
| Free Cash Flow per Basic Share | 5.67 | 1.82 | 2.19 | 2.19 | |
| Price to Free Cash Flow | — | — | — | 59.38 | |
| Cash Flow to Net Income | 6.35 | 8.55 | 6.21 | — | |
| Cash Paid for Taxes | 10.9 | 5.6 | 5.9 | — | |
| Cash Paid for Interest | 58.5 | 53.5 | 54.5 | — | |