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 | 103.2 | 173.1 | 205.8 | — | |
| + Impairment Loss / (Reversal) | — | 2.0 | 0.0 | — | |
| + Finance Costs | 57.5 | 103.6 | 107.9 | — | |
| + Interest Income | -1.0 | -2.0 | -2.5 | — | |
| + Dividend Income | -0.4 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | — | 1.9 | 4.0 | — | |
| + Other Non-cash Items | — | 0.0 | 9.4 | — | |
| + Other — Cash Effects are Investing / Financing | — | -238.2 | -527.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | 36.3 | -2.3 | -66.6 | — | |
| + Trade Receivables — Current | -41.8 | -10.8 | -52.4 | — | |
| + Other Financial Assets — Current | — | -42.0 | 34.5 | — | |
| + Other Current Assets | — | -19.0 | 18.3 | — | |
| + Other Non-current Assets | — | 27.6 | -15.4 | — | |
| + Other Bank Balances | — | 4.3 | -3.9 | — | |
| + Trade Payables — Current | 51.9 | -84.9 | 106.4 | — | |
| + Other Financial Liabilities — Current | — | 9.4 | -20.6 | — | |
| + Other Current Liabilities | — | 78.7 | -61.4 | — | |
| + Other Non-current Liabilities | — | -6.1 | -0.7 | — | |
| + Provisions — Current | — | 11.8 | -35.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | — | 38.5 | 327.2 | 326.1 | |
| + Total Adjustments (incl. Working Capital) | — | 7.1 | -300.7 | — | |
| Cash from Operations (pre-tax) | 70.3 | 45.6 | 26.5 | — | |
| + Income Taxes Paid | 24.8 | 55.3 | 30.9 | — | |
| Cash from Operating Activities | 45.5 | -9.7 | -4.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | — | 579.5 | 275.2 | — | |
| + Disp of Fixed Assets | — | 269.8 | 528.1 | — | |
| + Purchase of Investments (Equity / Debt) | 11.5 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | — | 0.0 | 5.2 | — | |
| + Share of Profits — Partnership Firms / LLPs | — | 0.4 | 0.0 | — | |
| + Dividends Received — Investing | 0.4 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.0 | 2.0 | 2.5 | — | |
| + Other Inflows / (Outflows) — Investing | — | 0.0 | 126.0 | — | |
| Cash from Investing Activities | -277.6 | -307.3 | 376.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | — | 383.0 | 0.0 | — | |
| + Proceeds from Borrowings | — | 196.6 | 0.0 | — | |
| + Repayment of Borrowings | — | 125.1 | 192.9 | — | |
| + Payment of Lease Liabilities | 9.8 | 4.4 | 1.6 | — | |
| + Interest Paid | 52.0 | 105.3 | 107.9 | — | |
| + Dividends Paid | — | 15.6 | 5.2 | — | |
| + Other Inflows / (Outflows) — Financing | — | 0.0 | -46.8 | — | |
| Cash from Financing Activities | 151.0 | 329.2 | -354.3 | — | |
| Net Changes in Cash (pre-FX) | — | 12.2 | 17.6 | — | |
| Net Changes in Cash | -81.1 | 12.2 | 17.6 | — | |
| Reference Items | |||||
| EBITDA | — | 94.6 | 105.9 | 101.6 | |
| EBITDA Margin % | — | 4.19 | 5.23 | 4.82 | |
| Free Cash Flow (CFO − Capex) | 45.5 | -589.2 | -279.6 | -279.6 | |
| Free Cash Flow to Equity | — | — | -580.3 | — | |
| Free Cash Flow per Basic Share | 20.64 | -267.31 | -126.85 | -126.85 | |
| Cash Flow to Net Income | — | 0.91 | -0.02 | — | |
| Cash Paid for Taxes | 24.8 | 55.3 | 30.9 | — | |
| Cash Paid for Interest | 52.0 | 105.3 | 107.9 | — | |