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 | 52.5 | 63.3 | 79.8 | — | |
| + Finance Costs | 154.0 | 212.7 | 217.1 | — | |
| + Interest Income | -7.5 | -12.5 | -7.9 | — | |
| + Fair Value (Gains) / Losses | 1.3 | -3.5 | -3.6 | — | |
| + Unrealised FX (Gain) / Loss | -0.5 | 0.4 | -7.8 | — | |
| + Other Reconciling Items | 11.5 | 12.8 | 6.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -289.9 | 5.7 | 138.6 | — | |
| + Trade Receivables — Current | -417.7 | 49.4 | -792.2 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -115.5 | — | |
| + Other Current Assets | -9.6 | -55.0 | -13.8 | — | |
| + Other Non-current Assets | -54.7 | -85.4 | 0.0 | — | |
| + Trade Payables — Current | 632.4 | 1.5 | 493.7 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 0.5 | — | |
| + Other Current Liabilities | 41.9 | -204.8 | 43.3 | — | |
| + Other Non-current Liabilities | -2.9 | 7.6 | 0.0 | — | |
| + Provisions — Current | 0.2 | 3.8 | 10.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 121.5 | 195.1 | 275.7 | 291.5 | |
| + Total Adjustments (incl. Working Capital) | 111.0 | -3.9 | 48.9 | — | |
| Cash from Operations (pre-tax) | 232.5 | 191.3 | 324.6 | — | |
| + Income Taxes Paid | 33.4 | 38.0 | 47.2 | — | |
| Cash from Operating Activities | 199.2 | 153.3 | 277.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 102.0 | 237.9 | 366.4 | — | |
| + Disp of Fixed Assets | 0.7 | 1.9 | 0.9 | — | |
| + Interest Received — Investing | 2.3 | 11.0 | 5.7 | — | |
| + Other Inflows / (Outflows) — Investing | -88.0 | 24.5 | 87.6 | — | |
| Cash from Investing Activities | -187.0 | -200.5 | -272.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 49.8 | 147.8 | 1.1 | — | |
| + Proceeds from Borrowings | 168.9 | 80.5 | 346.7 | — | |
| + Repayment of Borrowings | 63.1 | 128.8 | 111.7 | — | |
| + Payment of Lease Liabilities | 3.0 | 10.4 | 11.9 | — | |
| + Interest Paid | 151.7 | 210.0 | 213.3 | — | |
| + Dividends Paid | 1.0 | 1.1 | 1.1 | — | |
| + Other Inflows / (Outflows) — Financing | -12.4 | 173.1 | -17.7 | — | |
| Cash from Financing Activities | -12.5 | 51.2 | -8.0 | — | |
| Net Changes in Cash (pre-FX) | -0.3 | 3.9 | -2.8 | — | |
| Net Changes in Cash | -0.3 | 3.9 | -2.8 | — | |
| Closing Cash | 1.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 319.4 | 451.7 | 572.7 | 634.7 | |
| EBITDA Margin % | 9.73 | 9.77 | 10.31 | 11.32 | |
| Free Cash Flow (CFO − Capex) | 97.2 | -84.6 | -89.0 | -89.0 | |
| Free Cash Flow to Equity | — | -170.4 | -82.0 | — | |
| Free Cash Flow per Basic Share | 8.61 | -7.50 | -7.88 | -7.88 | |
| Cash Flow to Net Income | 2.44 | 1.03 | 1.30 | — | |
| Cash Paid for Taxes | 33.4 | 38.0 | 47.2 | — | |
| Cash Paid for Interest | 151.7 | 210.0 | 213.3 | — | |