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 | 10.2 | 19.4 | 25.6 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 6.0 | 0.0 | — | |
| + Finance Costs | 43.7 | 51.8 | 55.6 | — | |
| + Interest Income | -3.5 | -5.9 | -6.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 4.7 | -0.0 | — | |
| + Other Non-cash Items | 2.2 | 12.1 | 19.4 | — | |
| + Other Reconciling Items | 0.0 | -18.4 | 1.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -76.4 | -0.7 | -161.9 | — | |
| + Trade Receivables — Current | 4.7 | -111.5 | -200.5 | — | |
| + Other Financial Assets — Current | -90.5 | -105.2 | 70.2 | — | |
| + Other Current Assets | -1.0 | -98.9 | 49.9 | — | |
| + Trade Payables — Current | 29.8 | 7.4 | 66.2 | — | |
| + Other Financial Liabilities — Current | -0.0 | -0.0 | 0.6 | — | |
| + Other Current Liabilities | 78.4 | 191.7 | 217.7 | — | |
| + Provisions — Current | 0.0 | 1.8 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.6 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 72.0 | 39.6 | 40.3 | 32.2 | |
| + Total Adjustments (incl. Working Capital) | -2.4 | -45.1 | 137.3 | — | |
| Cash from Operations (pre-tax) | 69.6 | -5.5 | 177.6 | — | |
| + Income Taxes Paid | 17.9 | 0.0 | 16.6 | — | |
| Cash from Operating Activities | 51.7 | -5.5 | 161.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 55.7 | 12.3 | 68.3 | — | |
| + Disp of Fixed Assets | 0.1 | 22.3 | 0.0 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Goodwill | 0.0 | 1.3 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.7 | 0.0 | — | |
| + Loans & Advances Made | 6.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.4 | 9.6 | 6.8 | — | |
| + Other Inflows / (Outflows) — Investing | -19.4 | -9.6 | -166.9 | — | |
| Cash from Investing Activities | -79.6 | 9.6 | -228.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 232.8 | 11.2 | — | |
| + Proceeds from Borrowings | 76.8 | 0.0 | 110.0 | — | |
| + Repayment of Borrowings | 0.0 | 184.3 | 11.4 | — | |
| + Interest Paid | 43.6 | 51.8 | 55.6 | — | |
| + Dividends Paid | 3.2 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 1.9 | 11.7 | — | |
| Cash from Financing Activities | 30.1 | -1.4 | 65.8 | — | |
| Net Changes in Cash (pre-FX) | 2.2 | 2.7 | -1.6 | — | |
| Net Changes in Cash | 2.2 | 2.7 | -1.6 | — | |
| Closing Cash | 2.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 122.4 | 112.6 | 112.3 | 104.3 | |
| EBITDA Margin % | 10.13 | 7.78 | 7.47 | 6.96 | |
| Free Cash Flow (CFO − Capex) | -4.0 | -17.7 | 92.8 | 92.8 | |
| Free Cash Flow to Equity | — | -102.3 | 135.7 | — | |
| Free Cash Flow per Basic Share | -0.02 | -0.10 | 0.53 | 0.53 | |
| Price to Free Cash Flow | — | — | — | 9.48 | |
| Cash Flow to Net Income | 0.98 | -0.29 | 9.14 | — | |
| Cash Paid for Taxes | 17.9 | 0.0 | 16.6 | — | |
| Cash Paid for Interest | 43.6 | 51.8 | 55.6 | — | |