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 | 107.9 | 113.0 | 119.7 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 1.0 | 0.0 | — | |
| + Finance Costs | 91.8 | 75.5 | 47.7 | — | |
| + Interest Income | -1.4 | -8.0 | -0.7 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.1 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.9 | -4.3 | -28.5 | — | |
| + Other Non-cash Items | 3.6 | -21.7 | 4.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -25.1 | -22.3 | -37.0 | — | |
| + Trade Receivables — Current | -75.9 | -55.4 | -66.5 | — | |
| + Other Current Assets | -10.4 | 0.0 | 4.8 | — | |
| + Other Non-current Assets | 0.0 | -45.0 | 0.0 | — | |
| + Trade Payables — Current | 34.3 | -69.4 | 34.7 | — | |
| + Other Financial Liabilities — Current | 0.0 | 54.5 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | 28.9 | — | |
| + Other Non-current Liabilities | -6.6 | 54.5 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 59.1 | 123.6 | 295.3 | 338.3 | |
| + Total Adjustments (incl. Working Capital) | 117.4 | 72.3 | 107.3 | — | |
| Cash from Operations (pre-tax) | 176.5 | 195.9 | 402.6 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -16.7 | 0.0 | — | |
| + Income Taxes Paid | 41.2 | 47.0 | 60.4 | — | |
| Cash from Operating Activities | 135.3 | 132.2 | 342.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 184.6 | 243.6 | 370.6 | — | |
| + Disp of Fixed Assets | 12.1 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 27.5 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 13.3 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 18.9 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 49.7 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 8.1 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 11.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.4 | 8.1 | 0.7 | — | |
| + Other Inflows / (Outflows) — Investing | -6.5 | 0.9 | 0.0 | — | |
| Cash from Investing Activities | -166.6 | -199.1 | -325.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 489.1 | 0.0 | — | |
| + Proceeds from Borrowings | 139.7 | -349.2 | 104.8 | — | |
| + Repayment of Borrowings | 0.0 | 0.0 | 33.2 | — | |
| + Payment of Lease Liabilities | 0.5 | 0.6 | 0.6 | — | |
| + Interest Paid | 92.4 | 76.7 | 47.6 | — | |
| + Dividends Paid | 0.0 | 0.0 | 9.8 | — | |
| Cash from Financing Activities | 46.8 | 62.7 | 13.6 | — | |
| Net Changes in Cash (pre-FX) | 15.5 | -4.3 | 29.9 | — | |
| + Effect of FX Rate Changes on Cash | -4.2 | 0.0 | -13.3 | — | |
| Net Changes in Cash | 11.4 | -4.3 | 16.6 | — | |
| Closing Cash | 30.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 244.5 | 317.0 | 434.7 | 478.6 | |
| EBITDA Margin % | 21.23 | 24.65 | 28.25 | 28.44 | |
| Free Cash Flow (CFO − Capex) | -49.2 | -111.5 | -28.5 | -28.5 | |
| Free Cash Flow to Equity | — | -537.4 | -4.4 | — | |
| Free Cash Flow per Basic Share | -2.52 | -5.70 | -1.45 | -1.45 | |
| Cash Flow to Net Income | 4.25 | 1.69 | 1.41 | — | |
| Cash Paid for Taxes | 41.2 | 47.0 | 60.4 | — | |
| Cash Paid for Interest | 92.4 | 76.7 | 47.6 | — | |