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 | 9.5 | 12.9 | 14.5 | — | |
| + Finance Costs | 68.4 | 40.9 | 67.3 | — | |
| + Interest Income | -8.2 | -48.8 | -40.7 | — | |
| + Dividend Income | -0.3 | -0.0 | 0.0 | — | |
| + Share-based Payments | -0.0 | — | 3.2 | — | |
| + Unrealised FX (Gain) / Loss | -0.1 | — | -0.7 | — | |
| + Other Non-cash Items | 6.0 | — | -2.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | -184.1 | 50.2 | -167.9 | — | |
| + Trade Receivables — Current | -142.1 | 192.5 | -10.4 | — | |
| + Other Non-current Assets | -73.2 | — | -45.1 | — | |
| + Trade Payables — Current | 79.6 | -24.5 | -23.9 | — | |
| + Other Non-current Liabilities | 269.6 | — | -430.4 | — | |
| + Provisions — Current | 1.0 | — | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 94.9 | 181.6 | 267.8 | 319.8 | |
| + Total Adjustments (incl. Working Capital) | 26.2 | — | -636.5 | — | |
| Cash from Operations (pre-tax) | 121.1 | 0.0 | -368.7 | — | |
| + Income Taxes Paid | 12.1 | 55.6 | 63.8 | — | |
| Cash from Operating Activities | 109.0 | 189.8 | -432.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 63.1 | 32.5 | 156.7 | — | |
| + Disp of Fixed Assets | 0.2 | 0.1 | 4.0 | — | |
| + Acq of Investment Property | 0.0 | — | 66.2 | — | |
| + Purchase of Investments (Equity / Debt) | 4.8 | — | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 15.3 | — | 67.1 | — | |
| + Acq of Interests in Joint Ventures | 0.2 | — | 0.3 | — | |
| + Disp of Interests in Joint Ventures | 6.2 | — | 0.0 | — | |
| + Share of Profits — Partnership Firms / LLPs | 0.0 | — | -3.1 | — | |
| + Loans & Advances Made | 14.5 | — | 185.7 | — | |
| + Loans & Advances Repaid | 2.7 | — | 148.9 | — | |
| + Dividends Received — Investing | 0.3 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 6.4 | 14.0 | 12.0 | — | |
| + Other Inflows / (Outflows) — Investing | 302.6 | — | 5.9 | — | |
| Cash from Investing Activities | 251.1 | -36.7 | -174.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.2 | 0.1 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | — | 121.3 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | — | 15.0 | — | |
| + Proceeds from Borrowings | 293.6 | 0.2 | 537.3 | — | |
| + Repayment of Borrowings | 572.0 | 0.2 | 119.0 | — | |
| + Dividends Paid | 21.1 | 22.0 | 22.0 | — | |
| + Other Inflows / (Outflows) — Financing | -53.4 | — | 5.6 | — | |
| Cash from Financing Activities | -352.7 | -103.5 | 538.1 | — | |
| Net Changes in Cash (pre-FX) | 7.4 | 49.7 | -68.5 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.0 | — | |
| Net Changes in Cash | 7.4 | 49.7 | -68.5 | — | |
| Closing Cash | 35.6 | 85.3 | — | — | |
| Reference Items | |||||
| EBITDA | 117.3 | 185.8 | 304.8 | 370.8 | |
| EBITDA Margin % | 20.76 | 21.78 | 27.12 | 28.19 | |
| Free Cash Flow (CFO − Capex) | 45.8 | 157.3 | -589.2 | -589.2 | |
| Free Cash Flow to Equity | — | — | -201.9 | — | |
| Free Cash Flow per Basic Share | 3.12 | 10.71 | -40.12 | -40.12 | |
| Cash Flow to Net Income | 1.54 | 1.26 | -2.14 | — | |
| Cash Paid for Taxes | 12.1 | 55.6 | 63.8 | — | |