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 | 3.0 | 5.9 | 18.4 | — | |
| + Finance Costs | 3.2 | 7.3 | 12.1 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | 0.0 | 0.0 | — | |
| + Undistributed Profits of Associates | -0.2 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -18.1 | -31.6 | 10.7 | — | |
| + Trade Receivables — Current | 0.3 | -70.1 | -90.7 | — | |
| + Trade Payables — Current | 16.1 | 14.2 | 88.2 | — | |
| + Other Financial Liabilities — Current | 0.0 | 3.3 | -2.8 | — | |
| + Other Current Liabilities | -1.8 | 0.0 | 0.0 | — | |
| + Provisions — Current | -13.3 | -18.7 | -75.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 16.2 | 44.8 | 40.4 | 44.5 | |
| + Total Adjustments (incl. Working Capital) | -10.4 | -89.8 | -39.1 | — | |
| Cash from Operations (pre-tax) | 5.8 | -45.0 | 1.3 | — | |
| + Interest Received — Operating | -0.7 | -1.3 | 3.2 | — | |
| + Other Inflows / (Outflows) — Operating | 0.1 | -0.4 | -0.4 | — | |
| + Income Taxes Paid | 4.4 | 8.6 | 6.0 | — | |
| Cash from Operating Activities | 0.8 | -55.4 | -1.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 26.2 | 18.1 | 103.1 | — | |
| + Disp of Fixed Assets | 0.4 | 0.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 12.2 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 4.5 | — | |
| + Interest Received — Investing | 0.7 | 1.3 | -3.2 | — | |
| + Other Inflows / (Outflows) — Investing | -0.9 | 0.4 | 0.4 | — | |
| Cash from Investing Activities | -26.0 | -16.3 | -113.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 52.3 | 54.3 | 23.3 | — | |
| + Proceeds from Borrowings | 30.5 | 2.4 | 134.2 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.5 | 0.6 | — | |
| + Interest Paid | 3.2 | 7.3 | 12.1 | — | |
| + Dividends Paid | 4.3 | 1.1 | 1.1 | — | |
| Cash from Financing Activities | 75.4 | 47.8 | 143.7 | — | |
| Net Changes in Cash (pre-FX) | 50.2 | -23.9 | 28.2 | — | |
| Net Changes in Cash | 50.2 | -23.9 | 28.2 | — | |
| Closing Cash | 66.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 20.8 | 55.6 | 67.2 | 77.2 | |
| EBITDA Margin % | 5.88 | 8.24 | 10.01 | 10.29 | |
| Free Cash Flow (CFO − Capex) | -25.4 | -73.5 | -105.0 | -105.0 | |
| Free Cash Flow to Equity | — | -78.4 | 17.0 | — | |
| Free Cash Flow per Basic Share | -1.12 | -3.26 | -4.65 | -4.65 | |
| Cash Flow to Net Income | 0.06 | -1.70 | -0.06 | — | |
| Cash Paid for Taxes | 4.4 | 8.6 | 6.0 | — | |
| Cash Paid for Interest | 3.2 | 7.3 | 12.1 | — | |