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 | 151.4 | 157.4 | 139.2 | — | |
| + Impairment Loss / (Reversal) | 0.5 | 2.5 | 0.0 | — | |
| + Finance Costs | 30.0 | 25.6 | 22.0 | — | |
| + Interest Income | -1.4 | -5.2 | -4.5 | — | |
| + Dividend Income | 0.0 | -0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -2.3 | -5.7 | -3.1 | — | |
| + Unrealised FX (Gain) / Loss | -1.8 | 0.4 | 0.0 | — | |
| + Other Non-cash Items | -1.2 | 0.0 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -0.9 | -1.7 | — | |
| + Other Reconciling Items | -0.1 | -0.6 | 2.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -14.4 | 22.0 | -12.2 | — | |
| + Trade Receivables — Current | 15.2 | -2.1 | 56.3 | — | |
| + Other Bank Balances | -0.4 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -28.8 | 10.8 | -12.9 | — | |
| + Other Financial Liabilities — Current | 0.1 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | 1.7 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | -4.1 | 26.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 252.7 | 106.5 | 31.0 | 29.3 | |
| + Total Adjustments (incl. Working Capital) | 148.5 | 200.2 | 211.5 | — | |
| Cash from Operations (pre-tax) | 401.2 | 306.7 | 242.5 | — | |
| + Income Taxes Paid | 38.9 | 21.4 | 9.0 | — | |
| Cash from Operating Activities | 362.3 | 285.3 | 233.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 180.1 | 136.5 | 213.5 | — | |
| + Disp of Fixed Assets | 2.5 | 3.9 | 0.3 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 41.7 | 64.8 | — | |
| + Sale of Investments (Equity / Debt) | 5.1 | 0.0 | 0.0 | — | |
| + Government Grants Received | 0.0 | 0.0 | 5.1 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.5 | 1.8 | 6.3 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 11.0 | — | |
| Cash from Investing Activities | -171.1 | -172.4 | -255.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 71.9 | 54.8 | 187.2 | — | |
| + Repayment of Borrowings | 192.1 | 129.2 | 116.1 | — | |
| + Payment of Lease Liabilities | 5.1 | 5.4 | 5.4 | — | |
| + Interest Paid | 28.4 | 24.6 | 20.4 | — | |
| + Dividends Paid | 12.0 | 2.0 | 2.0 | — | |
| + Other Inflows / (Outflows) — Financing | -26.0 | -2.9 | -20.9 | — | |
| Cash from Financing Activities | -191.7 | -109.2 | 22.4 | — | |
| Net Changes in Cash (pre-FX) | -0.5 | 3.7 | 0.4 | — | |
| Net Changes in Cash | -0.5 | 3.7 | 0.4 | — | |
| Closing Cash | -0.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 418.7 | 270.3 | 131.8 | 119.4 | |
| EBITDA Margin % | 24.33 | 17.87 | 9.08 | 8.28 | |
| Free Cash Flow (CFO − Capex) | 182.2 | 148.8 | 20.0 | 20.0 | |
| Free Cash Flow to Equity | — | 50.2 | 66.4 | — | |
| Free Cash Flow per Basic Share | 18.22 | 14.88 | 2.00 | 2.00 | |
| Price to Free Cash Flow | — | — | — | 34.29 | |
| Cash Flow to Net Income | 1.72 | 2.40 | 5.71 | — | |
| Cash Paid for Taxes | 38.9 | 21.4 | 9.0 | — | |
| Cash Paid for Interest | 28.4 | 24.6 | 20.4 | — | |