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 | 38.2 | 43.1 | 47.0 | — | |
| + Finance Costs | 132.7 | 137.2 | 122.6 | — | |
| + Interest Income | -20.1 | 0.0 | -12.3 | — | |
| + Dividend Income | -0.0 | 0.0 | -0.2 | — | |
| + Fair Value (Gains) / Losses | -2.2 | 0.0 | -6.8 | — | |
| + Other Non-cash Items | 13.8 | 0.0 | 1.6 | — | |
| + Other — Cash Effects are Investing / Financing | -1.9 | 0.0 | -1.3 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 3.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -47.4 | -128.3 | -15.8 | — | |
| + Trade Receivables — Current | -208.4 | -430.3 | 79.7 | — | |
| + Trade Payables — Current | 17.4 | 22.7 | -50.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 162.2 | 344.6 | 254.7 | 255.4 | |
| + Total Adjustments (incl. Working Capital) | -78.0 | -355.6 | 166.9 | — | |
| Cash from Operations (pre-tax) | 84.2 | -11.0 | 421.6 | — | |
| + Interest Received — Operating | 0.0 | 15.4 | 0.0 | — | |
| + Dividends Received — Operating | 0.0 | 0.3 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -7.1 | -3.1 | — | |
| + Income Taxes Paid | -11.6 | 44.2 | 55.8 | — | |
| Cash from Operating Activities | 95.8 | -46.6 | 362.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 82.1 | 532.5 | 167.1 | — | |
| + Disp of Fixed Assets | 0.0 | 162.2 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 258.3 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 537.4 | 0.0 | 88.0 | — | |
| + Sale of Investments (Equity / Debt) | 238.7 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.3 | 0.2 | — | |
| + Interest Received — Investing | 15.3 | 16.1 | 9.8 | — | |
| + Other Inflows / (Outflows) — Investing | -267.4 | 0.0 | 14.5 | — | |
| Cash from Investing Activities | -632.9 | -95.6 | -230.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 7.8 | 0.0 | 142.8 | — | |
| + Proceeds from Other Equity Instruments | 1,023.3 | 34.4 | 0.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | 0.0 | 35.7 | — | |
| + Proceeds from Borrowings | 78.1 | 295.7 | 0.0 | — | |
| + Repayment of Borrowings | 430.9 | 0.0 | 52.4 | — | |
| + Payment of Lease Liabilities | 0.0 | 1.2 | 3.2 | — | |
| + Payment of Finance Lease Liabilities | 2.6 | — | — | — | |
| + Interest Paid | 137.9 | 136.7 | 122.9 | — | |
| + Dividends Paid | 4.8 | 20.0 | 29.9 | — | |
| Cash from Financing Activities | 533.0 | 172.1 | -101.3 | — | |
| Net Changes in Cash (pre-FX) | -4.1 | 30.0 | 30.6 | — | |
| + Effect of FX Rate Changes on Cash | 0.2 | 0.1 | 2.2 | — | |
| Net Changes in Cash | -3.8 | 30.1 | 32.8 | — | |
| Closing Cash | 27.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 263.5 | 467.3 | 390.4 | 376.5 | |
| EBITDA Margin % | 7.52 | 9.15 | 8.92 | 8.91 | |
| Free Cash Flow (CFO − Capex) | 13.7 | -579.1 | 195.6 | 195.6 | |
| Free Cash Flow to Equity | — | -420.2 | 20.3 | — | |
| Free Cash Flow per Basic Share | 0.34 | -14.23 | 4.81 | 4.81 | |
| Price to Free Cash Flow | — | — | — | 24.54 | |
| Cash Flow to Net Income | 0.85 | -0.19 | 1.87 | — | |
| Cash Paid for Taxes | -11.6 | 44.2 | 55.8 | — | |
| Cash Paid for Interest | 137.9 | 136.7 | 122.9 | — | |