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 | 46.2 | 42.3 | 44.7 | — | |
| + Finance Costs | 15.3 | 12.9 | 14.0 | — | |
| + Interest Income | -1.2 | -1.0 | -7.5 | — | |
| + Dividend Income | 0.0 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -3.7 | -5.6 | -3.6 | — | |
| + Share-based Payments | 0.3 | 0.7 | 0.1 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 16.2 | 3.3 | 0.8 | — | |
| + Other — Cash Effects are Investing / Financing | -2.9 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -0.3 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -19.9 | 36.0 | -21.1 | — | |
| + Trade Receivables — Current | -7.6 | -22.1 | -77.1 | — | |
| + Other Current Assets | 0.0 | -4.5 | -2.9 | — | |
| + Other Non-current Assets | 3.1 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 44.2 | -33.3 | 35.9 | — | |
| + Other Current Liabilities | 0.1 | 3.1 | 1.1 | — | |
| + Provisions — Current | 0.0 | 1.5 | 0.0 | — | |
| + Provisions — Non-current | -3.8 | 0.0 | 2.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 58.2 | 92.8 | 99.2 | 98.4 | |
| + Total Adjustments (incl. Working Capital) | 86.0 | 33.1 | -13.4 | — | |
| Cash from Operations (pre-tax) | 144.3 | 126.0 | 85.8 | — | |
| + Income Taxes Paid | 23.2 | 26.1 | 11.1 | — | |
| Cash from Operating Activities | 121.1 | 99.9 | 74.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 17.6 | 24.7 | 36.2 | — | |
| + Disp of Fixed Assets | 0.7 | 1.2 | 0.9 | — | |
| + Acq of Other Long-term Assets | 2.7 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 76.1 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 73.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 10.7 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.2 | 1.0 | 7.6 | — | |
| + Other Inflows / (Outflows) — Investing | -2.6 | -27.1 | -10.6 | — | |
| Cash from Investing Activities | -24.1 | -49.5 | -49.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.5 | 0.4 | 0.2 | — | |
| + Proceeds from Borrowings | 16.8 | 2.1 | 27.5 | — | |
| + Repayment of Borrowings | 35.3 | 43.9 | 5.9 | — | |
| + Payment of Lease Liabilities | 11.7 | 13.8 | 16.0 | — | |
| + Interest Paid | 12.7 | 9.5 | 9.0 | — | |
| + Dividends Paid | 10.6 | 10.6 | 14.1 | — | |
| Cash from Financing Activities | -53.0 | -75.2 | -17.3 | — | |
| Net Changes in Cash (pre-FX) | 44.0 | -24.8 | 8.4 | — | |
| Net Changes in Cash | 44.0 | -24.8 | 8.4 | — | |
| Closing Cash | 120.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 109.8 | 135.0 | 144.9 | 144.3 | |
| EBITDA Margin % | 16.58 | 18.76 | 18.14 | 17.80 | |
| Free Cash Flow (CFO − Capex) | 103.5 | 75.2 | 38.5 | 38.5 | |
| Free Cash Flow to Equity | — | 23.9 | 51.4 | — | |
| Free Cash Flow per Basic Share | 29.35 | 21.32 | 10.92 | 10.92 | |
| Price to Free Cash Flow | — | — | — | 12.38 | |
| Cash Flow to Net Income | 2.37 | 1.66 | 1.02 | — | |
| Cash Paid for Taxes | 23.2 | 26.1 | 11.1 | — | |
| Cash Paid for Interest | 12.7 | 9.5 | 9.0 | — | |