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 | 103.3 | 99.3 | 99.7 | — | |
| + Finance Costs | 105.1 | 114.8 | 94.8 | — | |
| + Interest Income | -2.2 | -0.8 | -1.4 | — | |
| + Share-based Payments | 0.6 | 2.7 | 4.7 | — | |
| + Unrealised FX (Gain) / Loss | -0.5 | -1.5 | 0.2 | — | |
| + Other Non-cash Items | 200.7 | -3.3 | 3.7 | — | |
| + Other — Cash Effects are Investing / Financing | -1.3 | -1.0 | -1.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | 13.1 | 41.8 | 0.0 | — | |
| + Trade Receivables — Current | 178.2 | 19.8 | -111.3 | — | |
| + Other Current Assets | -20.8 | -10.0 | 32.0 | — | |
| + Trade Payables — Current | 7.3 | -59.4 | 25.9 | — | |
| + Other Current Liabilities | 12.9 | 10.9 | 15.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -488.4 | 0.5 | -7.4 | -1.6 | |
| + Total Adjustments (incl. Working Capital) | 596.4 | 213.2 | 162.4 | — | |
| Cash from Operations (pre-tax) | 108.0 | 213.7 | 155.0 | — | |
| + Income Taxes Paid | -0.9 | 0.9 | 2.1 | — | |
| Cash from Operating Activities | 108.9 | 212.8 | 152.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 41.1 | 39.9 | 52.8 | — | |
| + Disp of Fixed Assets | 1.0 | 0.0 | 0.5 | — | |
| + Disp of Investment Property | 0.0 | 0.4 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 3.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 0.1 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 1.0 | 0.0 | — | |
| + Loans & Advances Repaid | 32.4 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 3.2 | 0.8 | 1.0 | — | |
| + Other Inflows / (Outflows) — Investing | 1.0 | 1.0 | -44.6 | — | |
| Cash from Investing Activities | -3.5 | -36.8 | -98.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 159.0 | 158.5 | — | |
| + Proceeds from Borrowings | 116.4 | 75.0 | 49.5 | — | |
| + Repayment of Borrowings | 118.5 | 296.4 | 165.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 2.1 | 3.6 | — | |
| + Payment of Finance Lease Liabilities | 0.9 | — | — | — | |
| + Interest Paid | 102.6 | 113.1 | 92.2 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -2.9 | 0.0 | — | |
| Cash from Financing Activities | -105.7 | -180.5 | -53.6 | — | |
| Net Changes in Cash (pre-FX) | -0.3 | -4.5 | 0.5 | — | |
| Net Changes in Cash | -0.3 | -4.5 | 0.5 | — | |
| Closing Cash | 8.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | -95.2 | 206.3 | 186.8 | 191.7 | |
| EBITDA Margin % | -7.38 | 16.07 | 13.64 | 13.39 | |
| Free Cash Flow (CFO − Capex) | 67.8 | 172.9 | 100.1 | 100.1 | |
| Free Cash Flow to Equity | — | -164.1 | -103.7 | — | |
| Free Cash Flow per Basic Share | 15.23 | 38.84 | 22.49 | 22.49 | |
| Price to Free Cash Flow | — | — | — | 31.39 | |
| Cash Flow to Net Income | -0.19 | 394.11 | -20.64 | — | |
| Cash Paid for Taxes | -0.9 | 0.9 | 2.1 | — | |
| Cash Paid for Interest | 102.6 | 113.1 | 92.2 | — | |