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 | 214.1 | 230.8 | 239.7 | — | |
| + Finance Costs | 184.8 | 188.1 | 197.0 | — | |
| + Interest Income | -13.6 | -15.9 | -10.5 | — | |
| + Fair Value (Gains) / Losses | -6.8 | 5.1 | -1.3 | — | |
| + Unrealised FX (Gain) / Loss | -0.8 | 0.0 | 1.0 | — | |
| + Other Non-cash Items | -46.3 | 7.5 | -8.6 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -36.6 | 32.8 | -39.1 | — | |
| + Trade Receivables — Current | -74.5 | 1.3 | -25.7 | — | |
| + Trade Receivables — Non-current | 0.0 | 4.9 | 0.0 | — | |
| + Other Financial Assets — Current | 0.0 | -3.5 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -27.7 | — | |
| + Other Current Assets | 33.1 | -1.8 | -39.7 | — | |
| + Other Non-current Assets | -20.1 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 60.4 | 20.2 | — | |
| + Trade Payables — Non-current | 210.3 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 18.8 | 0.0 | 51.1 | — | |
| + Other Financial Liabilities — Non-current | 21.3 | 10.6 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | -12.9 | -24.3 | — | |
| + Provisions — Current | 1.3 | 1.1 | 6.7 | — | |
| + Provisions — Non-current | 9.0 | 4.2 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -84.1 | -283.5 | -123.1 | -183.6 | |
| + Total Adjustments (incl. Working Capital) | 494.2 | 513.1 | 338.5 | — | |
| Cash from Operations (pre-tax) | 410.0 | 229.5 | 215.5 | — | |
| + Income Taxes Paid | 9.6 | -4.4 | -0.1 | — | |
| Cash from Operating Activities | 400.4 | 233.9 | 215.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 225.8 | 138.2 | 423.3 | — | |
| + Disp of Fixed Assets | 25.7 | 8.2 | 7.2 | — | |
| + Disp of Investment Property | 48.9 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 0.1 | — | |
| + Interest Received — Investing | 12.6 | 14.8 | 6.5 | — | |
| + Other Inflows / (Outflows) — Investing | -48.8 | 1.8 | -2.5 | — | |
| Cash from Investing Activities | -187.5 | -113.3 | -412.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 91.9 | 147.8 | 396.6 | — | |
| + Repayment of Borrowings | 127.0 | 163.1 | 160.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 1.3 | 12.8 | — | |
| + Interest Paid | 175.6 | 192.1 | 181.8 | — | |
| + Dividends Paid | 9.2 | 9.2 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | -0.8 | 0.7 | 87.6 | — | |
| Cash from Financing Activities | -220.6 | -217.3 | 129.6 | — | |
| Net Changes in Cash (pre-FX) | -7.7 | -96.7 | -67.0 | — | |
| Net Changes in Cash | -7.7 | -96.7 | -67.0 | — | |
| Closing Cash | 167.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 245.9 | 141.1 | 292.0 | 243.0 | |
| EBITDA Margin % | 9.82 | 6.25 | 11.02 | 9.05 | |
| Free Cash Flow (CFO − Capex) | 174.6 | 95.8 | -207.8 | -207.8 | |
| Free Cash Flow to Equity | — | -89.6 | -127.0 | — | |
| Free Cash Flow per Basic Share | 13.36 | 7.33 | -15.90 | -15.90 | |
| Cash Flow to Net Income | -7.69 | -1.08 | -295.29 | — | |
| Cash Paid for Taxes | 9.6 | -4.4 | -0.1 | — | |
| Cash Paid for Interest | 175.6 | 192.1 | 181.8 | — | |