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 | 38.7 | 44.7 | 54.0 | — | |
| + Finance Costs | 8.5 | 5.6 | 3.9 | — | |
| + Interest Income | -1.9 | -1.4 | -3.7 | — | |
| + Fair Value (Gains) / Losses | -2.6 | -3.2 | -6.9 | — | |
| + Share-based Payments | 4.8 | 8.5 | 8.6 | — | |
| + Unrealised FX (Gain) / Loss | -0.3 | 0.1 | -2.7 | — | |
| + Other Non-cash Items | 4.0 | -1.2 | 3.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -7.3 | 2.5 | -16.4 | — | |
| + Trade Receivables — Current | -34.8 | -13.1 | -49.8 | — | |
| + Other Financial Assets — Current | 4.7 | -0.4 | 9.6 | — | |
| + Other Financial Assets — Non-current | -1.9 | 0.6 | -1.2 | — | |
| + Other Current Assets | 3.3 | -11.1 | -1.3 | — | |
| + Other Non-current Assets | 0.3 | 12.0 | -1.5 | — | |
| + Trade Payables — Current | 2.5 | 7.3 | 21.7 | — | |
| + Other Financial Liabilities — Current | 1.4 | 9.3 | 26.5 | — | |
| + Other Financial Liabilities — Non-current | 9.8 | 0.3 | -6.8 | — | |
| + Other Current Liabilities | -1.5 | -3.8 | 23.4 | — | |
| + Other Non-current Liabilities | -0.3 | 0.0 | 0.0 | — | |
| + Provisions — Current | 2.1 | 0.3 | 2.3 | — | |
| + Provisions — Non-current | -0.2 | 2.2 | 4.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 112.6 | 152.9 | 230.1 | 279.8 | |
| + Total Adjustments (incl. Working Capital) | 29.4 | 59.3 | 68.1 | — | |
| Cash from Operations (pre-tax) | 142.0 | 212.2 | 298.2 | — | |
| + Interest Received — Operating | -33.2 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -0.1 | — | |
| + Income Taxes Paid | 0.0 | 49.2 | 74.2 | — | |
| Cash from Operating Activities | 108.8 | 163.0 | 223.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 30.1 | 36.6 | 82.8 | — | |
| + Acq of Intangible Assets | 0.1 | 2.0 | 0.5 | — | |
| + Disp of Fixed Assets | 0.5 | 1.8 | 1.1 | — | |
| + Purchase of Investments (Equity / Debt) | 0.2 | 1.1 | 0.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 227.5 | 6.7 | 0.0 | — | |
| + Loans & Advances Made | 1.1 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.1 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.8 | 0.4 | 2.8 | — | |
| + Other Inflows / (Outflows) — Investing | 123.1 | -54.4 | -129.6 | — | |
| Cash from Investing Activities | -133.4 | -98.6 | -209.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 30.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 7.6 | 18.4 | — | |
| + Proceeds from Borrowings | 48.0 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 32.3 | 52.5 | 8.2 | — | |
| + Payment of Lease Liabilities | 9.1 | 5.0 | 6.8 | — | |
| + Interest Paid | 7.7 | 3.4 | 2.3 | — | |
| + Dividends Paid | 0.0 | 6.2 | 7.8 | — | |
| + Other Inflows / (Outflows) — Financing | -0.2 | -0.1 | 0.0 | — | |
| Cash from Financing Activities | 28.7 | -59.6 | -6.6 | — | |
| Net Changes in Cash (pre-FX) | 4.2 | 4.8 | 7.6 | — | |
| + Effect of FX Rate Changes on Cash | 0.1 | 0.1 | 0.4 | — | |
| Net Changes in Cash | 4.2 | 4.9 | 8.0 | — | |
| Closing Cash | 12.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 152.2 | 195.4 | 270.3 | 289.1 | |
| EBITDA Margin % | 24.24 | 25.69 | 28.31 | 28.73 | |
| Free Cash Flow (CFO − Capex) | 78.7 | 124.3 | 140.6 | 140.6 | |
| Free Cash Flow to Equity | — | 68.4 | 130.2 | — | |
| Free Cash Flow per Basic Share | 24.60 | 38.86 | 43.93 | 43.93 | |
| Price to Free Cash Flow | — | — | — | 53.06 | |
| Cash Flow to Net Income | 1.27 | 1.37 | 1.30 | — | |
| Cash Paid for Taxes | 0.0 | 49.2 | 74.2 | — | |
| Cash Paid for Interest | 7.7 | 3.4 | 2.3 | — | |