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 | 40.4 | 62.5 | 96.5 | — | |
| + Finance Costs | 9.9 | 19.4 | 22.5 | — | |
| + Interest Income | -1.8 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 1.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | -1.9 | 2.4 | — | |
| + Other Non-cash Items | 2.6 | 7.2 | -6.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | 7.5 | 2.8 | -0.5 | — | |
| + Trade Receivables — Current | -7.4 | -1.5 | -3.3 | — | |
| + Other Financial Assets — Current | -0.0 | 0.0 | 0.4 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.9 | 0.0 | — | |
| + Other Current Assets | 6.6 | -5.2 | -11.7 | — | |
| + Trade Payables — Current | -0.6 | -0.1 | 2.5 | — | |
| + Other Financial Liabilities — Current | 2.9 | -0.3 | 1.0 | — | |
| + Other Current Liabilities | -0.2 | -0.1 | 0.5 | — | |
| + Provisions — Current | -0.1 | 2.5 | 0.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 60.8 | 44.8 | 21.9 | 17.5 | |
| + Total Adjustments (incl. Working Capital) | 60.3 | 86.2 | 105.5 | — | |
| Cash from Operations (pre-tax) | 121.1 | 131.0 | 127.4 | — | |
| + Interest Received — Operating | 0.0 | -0.9 | -1.0 | — | |
| + Income Taxes Paid | 18.4 | 15.8 | 8.0 | — | |
| Cash from Operating Activities | 102.7 | 114.2 | 118.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 184.3 | 151.7 | 125.6 | — | |
| + Disp of Fixed Assets | 0.3 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.9 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 98.1 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 1.7 | 1.2 | 1.5 | — | |
| + Other Inflows / (Outflows) — Investing | -4.5 | 4.1 | -6.3 | — | |
| Cash from Investing Activities | -285.0 | -145.5 | -130.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 228.7 | 163.4 | 612.5 | — | |
| + Repayment of Borrowings | 82.8 | 58.7 | 576.1 | — | |
| + Payment of Lease Liabilities | 0.8 | 3.3 | 4.4 | — | |
| + Interest Paid | 9.6 | 18.9 | 23.1 | — | |
| + Dividends Paid | 0.0 | 10.6 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -33.0 | 0.0 | — | |
| Cash from Financing Activities | 135.6 | 38.9 | 8.9 | — | |
| Net Changes in Cash (pre-FX) | -46.6 | 7.7 | -3.0 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | 0.3 | 1.0 | — | |
| Net Changes in Cash | -46.7 | 8.0 | -1.9 | — | |
| Closing Cash | 17.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 99.8 | 110.7 | 117.9 | 119.2 | |
| EBITDA Margin % | 33.68 | 28.22 | 27.91 | 27.01 | |
| Free Cash Flow (CFO − Capex) | -81.6 | -37.5 | -7.1 | -7.1 | |
| Free Cash Flow to Equity | — | 15.4 | 23.9 | — | |
| Free Cash Flow per Basic Share | -15.34 | -7.04 | -1.34 | -1.34 | |
| Cash Flow to Net Income | 2.41 | 3.84 | 8.27 | — | |
| Cash Paid for Taxes | 18.4 | 15.8 | 8.0 | — | |
| Cash Paid for Interest | 9.6 | 18.9 | 23.1 | — | |