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 | 116.5 | 128.2 | 124.9 | — | |
| + Impairment Loss / (Reversal) | 0.9 | 0.0 | 0.0 | — | |
| + Finance Costs | 11.7 | 11.5 | 9.6 | — | |
| + Interest Income | 2.0 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -6.8 | -0.5 | -0.8 | — | |
| + Unrealised FX (Gain) / Loss | -0.9 | -1.8 | -5.2 | — | |
| + Other Non-cash Items | -1.5 | -0.5 | 1.0 | — | |
| + Other — Cash Effects are Investing / Financing | -2.4 | -12.4 | -27.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -34.9 | 1.1 | -77.2 | — | |
| + Trade Receivables — Current | -75.1 | -168.6 | -124.8 | — | |
| + Other Financial Assets — Current | 1.0 | -0.4 | -1.6 | — | |
| + Other Financial Assets — Non-current | 0.1 | 0.0 | 0.0 | — | |
| + Other Current Assets | 4.4 | 4.3 | -6.1 | — | |
| + Other Non-current Assets | 24.6 | 0.0 | 0.0 | — | |
| + Other Bank Balances | -25.5 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 16.6 | 57.4 | 57.4 | — | |
| + Other Financial Liabilities — Current | 14.3 | 0.4 | 7.1 | — | |
| + Other Current Liabilities | 7.8 | 5.1 | -8.9 | — | |
| + Other Non-current Liabilities | -2.5 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.7 | 4.2 | 10.4 | — | |
| + Provisions — Non-current | -0.2 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 140.6 | 203.4 | 220.1 | 221.3 | |
| + Total Adjustments (incl. Working Capital) | 50.7 | 28.0 | -41.7 | — | |
| Cash from Operations (pre-tax) | 191.3 | 231.4 | 178.4 | — | |
| + Income Taxes Paid | 26.3 | 56.5 | 73.1 | — | |
| Cash from Operating Activities | 165.0 | 174.8 | 105.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 119.7 | 117.9 | 149.6 | — | |
| + Disp of Fixed Assets | 0.9 | 1.5 | 2.3 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 45.9 | 45.4 | — | |
| + Sale of Investments (Equity / Debt) | 22.4 | 10.0 | 15.6 | — | |
| + Government Grants Received | 0.0 | 8.4 | 14.9 | — | |
| + Dividends Received — Investing | 0.1 | 0.1 | 0.2 | — | |
| + Interest Received — Investing | 4.8 | 7.6 | 7.9 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -28.3 | 17.2 | — | |
| Cash from Investing Activities | -91.5 | -164.6 | -136.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 0.0 | 0.0 | 29.7 | — | |
| + Repayment of Borrowings | 13.4 | 0.0 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.4 | 0.5 | — | |
| + Payment of Finance Lease Liabilities | 0.4 | — | — | — | |
| + Interest Paid | 11.7 | 11.5 | 9.8 | — | |
| + Dividends Paid | 6.5 | 11.7 | 17.0 | — | |
| + Other Inflows / (Outflows) — Financing | -33.0 | 10.5 | 4.5 | — | |
| Cash from Financing Activities | -65.0 | -13.1 | 6.9 | — | |
| Net Changes in Cash (pre-FX) | 8.5 | -2.8 | -24.6 | — | |
| Net Changes in Cash | 8.5 | -2.8 | -24.6 | — | |
| Closing Cash | 39.2 | 36.4 | — | — | |
| Reference Items | |||||
| EBITDA | 254.2 | 322.3 | 324.3 | 323.1 | |
| EBITDA Margin % | 8.28 | 9.57 | 8.63 | 8.26 | |
| Free Cash Flow (CFO − Capex) | 45.3 | 56.9 | -44.2 | -44.2 | |
| Free Cash Flow to Equity | — | 45.4 | -24.2 | — | |
| Free Cash Flow per Basic Share | 6.94 | 8.72 | -6.78 | -6.78 | |
| Cash Flow to Net Income | 1.69 | 1.16 | 0.64 | — | |
| Cash Paid for Taxes | 26.3 | 56.5 | 73.1 | — | |
| Cash Paid for Interest | 11.7 | 11.5 | 9.8 | — | |