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 | 3.7 | 5.0 | 4.7 | — | |
| + Finance Costs | 136.2 | 63.9 | 92.5 | — | |
| + Interest Income | -2.5 | -2.1 | -4.0 | — | |
| + Dividend Income | -0.0 | 0.0 | -0.0 | — | |
| + Other Non-cash Items | 0.0 | 0.8 | 0.0 | — | |
| + Other Reconciling Items | 4.9 | 0.0 | -5.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -86.8 | -164.9 | -41.2 | — | |
| + Trade Receivables — Current | -120.7 | -364.2 | -124.6 | — | |
| + Trade Payables — Current | -2.5 | 18.2 | -82.6 | — | |
| + Provisions — Current | 0.0 | 0.0 | 0.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 93.9 | 136.1 | 125.7 | 128.6 | |
| + Total Adjustments (incl. Working Capital) | -67.7 | -443.2 | -159.4 | — | |
| Cash from Operations (pre-tax) | 26.1 | -307.2 | -33.7 | — | |
| + Income Taxes Paid | 17.1 | 19.3 | 19.9 | — | |
| Cash from Operating Activities | 9.0 | -326.4 | -53.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 25.3 | 0.6 | 3.5 | — | |
| + Disp of Fixed Assets | -0.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 1.5 | 1.2 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 30.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.9 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 5.1 | — | |
| + Interest Received — Investing | 2.5 | 2.1 | 4.0 | — | |
| + Income Taxes (Paid) / Refund — Investing | 0.2 | 0.2 | 0.4 | — | |
| + Other Inflows / (Outflows) — Investing | -65.7 | 78.8 | 11.3 | — | |
| Cash from Investing Activities | -89.7 | 78.6 | -15.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 368.7 | 243.6 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 49.9 | 0.0 | — | |
| + Proceeds from Borrowings | 240.1 | 199.8 | 248.6 | — | |
| + Repayment of Borrowings | 407.6 | 169.2 | 63.0 | — | |
| + Payment of Lease Liabilities | 1.2 | 0.0 | 1.9 | — | |
| + Interest Paid | 129.9 | 76.7 | 89.3 | — | |
| + Dividends Paid | 0.0 | 4.4 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -5.3 | 0.0 | — | |
| Cash from Financing Activities | 70.2 | 237.8 | 94.4 | — | |
| Net Changes in Cash (pre-FX) | -10.5 | -10.0 | 25.8 | — | |
| Net Changes in Cash | -10.5 | -10.0 | 25.8 | — | |
| Closing Cash | 1.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 232.9 | 202.6 | 217.7 | 221.4 | |
| EBITDA Margin % | 56.51 | 36.91 | 39.17 | 38.98 | |
| Free Cash Flow (CFO − Capex) | -16.3 | -327.1 | -57.0 | -57.0 | |
| Free Cash Flow to Equity | — | -373.1 | 39.3 | — | |
| Free Cash Flow per Basic Share | -3.53 | -70.68 | -12.32 | -12.32 | |
| Cash Flow to Net Income | 0.13 | -3.26 | -0.59 | — | |
| Cash Paid for Taxes | 17.1 | 19.3 | 19.9 | — | |
| Cash Paid for Interest | 129.9 | 76.7 | 89.3 | — | |