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 | 85.9 | 89.6 | 94.5 | — | |
| + Impairment Loss / (Reversal) | 6.4 | 0.0 | 0.0 | — | |
| + Finance Costs | 58.2 | 49.3 | 42.6 | — | |
| + Unrealised FX (Gain) / Loss | -0.9 | 0.0 | 16.6 | — | |
| + Other Non-cash Items | 0.0 | 17.4 | 2.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -273.1 | 211.2 | 43.6 | — | |
| + Trade Receivables — Current | -119.3 | -99.3 | 78.0 | — | |
| + Other Current Assets | -46.4 | 48.0 | -71.5 | — | |
| + Other Non-current Assets | -1.5 | -3.1 | -0.0 | — | |
| + Trade Payables — Current | 2.9 | -17.3 | -29.9 | — | |
| + Trade Payables — Non-current | -16.0 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 7.9 | — | |
| + Other Financial Liabilities — Non-current | 0.9 | 0.0 | 2.3 | — | |
| + Other Current Liabilities | -2.5 | 5.9 | -1.9 | — | |
| + Other Non-current Liabilities | 0.0 | 2.1 | 4.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 95.9 | 149.8 | 160.9 | 216.7 | |
| + Total Adjustments (incl. Working Capital) | -305.4 | 303.8 | 189.3 | — | |
| Cash from Operations (pre-tax) | -209.4 | 453.6 | 350.2 | — | |
| + Interest Received — Operating | -1.9 | -1.8 | 0.0 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 1.7 | — | |
| + Other Inflows / (Outflows) — Operating | -1.6 | 0.0 | -0.3 | — | |
| + Income Taxes Paid | 22.9 | 37.2 | 56.3 | — | |
| Cash from Operating Activities | -235.8 | 414.6 | 292.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 104.9 | 69.9 | 33.9 | — | |
| + Disp of Fixed Assets | 1.0 | 2.6 | 0.3 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 47.2 | — | |
| + Interest Received — Investing | 2.3 | 0.9 | 1.4 | — | |
| + Other Inflows / (Outflows) — Investing | 56.0 | -0.2 | -14.3 | — | |
| Cash from Investing Activities | -45.6 | -66.7 | -93.8 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 55.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 430.2 | 42.8 | 1.3 | — | |
| + Repayment of Borrowings | 33.1 | 335.3 | 143.5 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 0.1 | — | |
| + Interest Paid | 57.8 | 49.5 | 42.7 | — | |
| + Dividends Paid | 0.0 | 6.6 | 12.9 | — | |
| + Income Taxes (Paid) / Refund — Financing | 12.5 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | -0.3 | -0.2 | -0.1 | — | |
| Cash from Financing Activities | 271.3 | -348.9 | -198.0 | — | |
| Net Changes in Cash (pre-FX) | -10.1 | -0.9 | 0.2 | — | |
| Net Changes in Cash | -10.1 | -0.9 | 0.2 | — | |
| Closing Cash | 1.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 205.2 | 262.9 | 286.0 | 348.7 | |
| EBITDA Margin % | 8.63 | 10.42 | 11.46 | 13.34 | |
| Free Cash Flow (CFO − Capex) | -340.7 | 344.7 | 258.0 | 258.0 | |
| Free Cash Flow to Equity | — | 5.2 | 93.2 | — | |
| Free Cash Flow per Basic Share | -26.47 | 26.79 | 20.05 | 20.05 | |
| Price to Free Cash Flow | — | — | — | 10.82 | |
| Cash Flow to Net Income | -3.35 | 3.80 | 2.44 | — | |
| Cash Paid for Taxes | 22.9 | 37.2 | 56.3 | — | |
| Cash Paid for Interest | 57.8 | 49.5 | 42.7 | — | |