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 | 63.2 | 61.1 | 88.4 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 8.0 | — | |
| + Finance Costs | 41.7 | 49.2 | 89.0 | — | |
| + Interest Income | -10.6 | -7.7 | -2.8 | — | |
| + Dividend Income | -7.3 | -2.4 | -4.5 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 3.6 | — | |
| + Other Non-cash Items | 3.8 | -14.5 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -4.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | 68.7 | 4.5 | 65.9 | — | |
| + Trade Receivables — Current | -73.2 | -14.2 | 14.4 | — | |
| + Other Financial Assets — Current | 84.5 | 1.5 | -3.3 | — | |
| + Other Financial Assets — Non-current | -1.6 | -2.4 | 0.0 | — | |
| + Other Current Assets | -6.9 | -98.2 | 16.1 | — | |
| + Other Non-current Assets | -37.5 | 94.7 | 0.0 | — | |
| + Trade Payables — Current | 44.9 | -123.8 | -134.5 | — | |
| + Other Financial Liabilities — Current | -13.7 | 48.4 | -90.9 | — | |
| + Other Current Liabilities | 123.3 | 0.4 | 18.2 | — | |
| + Provisions — Current | 0.0 | 0.0 | 3.8 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -34.6 | -40.9 | -201.8 | -176.5 | |
| + Total Adjustments (incl. Working Capital) | 279.4 | -3.4 | 66.7 | — | |
| Cash from Operations (pre-tax) | 244.9 | -44.3 | -135.1 | — | |
| + Income Taxes Paid | 7.8 | 21.8 | -4.4 | — | |
| Cash from Operating Activities | 237.1 | -66.0 | -130.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 810.7 | 612.9 | 599.3 | — | |
| + Disp of Fixed Assets | 0.1 | 2.3 | 0.1 | — | |
| + Purchase of Investments (Equity / Debt) | 5.6 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 7.3 | 2.1 | 2.3 | — | |
| + Interest Received — Investing | 8.8 | 7.9 | 1.8 | — | |
| + Other Inflows / (Outflows) — Investing | -22.7 | 58.6 | -5.2 | — | |
| Cash from Investing Activities | -822.8 | -542.1 | -600.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 495.5 | — | |
| + Proceeds from Borrowings | 1,200.2 | 1,392.7 | 1,383.1 | — | |
| + Repayment of Borrowings | 495.9 | 873.8 | 1,095.6 | — | |
| + Payment of Lease Liabilities | 6.9 | 6.0 | 7.8 | — | |
| + Interest Paid | 79.1 | 127.9 | 172.3 | — | |
| + Dividends Paid | 15.4 | 10.2 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 39.7 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 642.7 | 374.8 | 602.9 | — | |
| Net Changes in Cash (pre-FX) | 57.0 | -233.3 | -128.1 | — | |
| + Effect of FX Rate Changes on Cash | 7.2 | 10.7 | 9.2 | — | |
| Net Changes in Cash | 64.2 | -222.7 | -118.9 | — | |
| Closing Cash | 413.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 51.0 | 48.8 | -35.2 | 20.0 | |
| EBITDA Margin % | 2.45 | 2.38 | -2.03 | 1.09 | |
| Free Cash Flow (CFO − Capex) | -573.7 | -678.9 | -730.0 | -730.0 | |
| Free Cash Flow to Equity | — | -263.5 | -515.9 | — | |
| Free Cash Flow per Basic Share | -47.57 | -56.30 | -60.53 | -60.53 | |
| Cash Flow to Net Income | -6.11 | 1.43 | 0.78 | — | |
| Cash Paid for Taxes | 7.8 | 21.8 | -4.4 | — | |
| Cash Paid for Interest | 79.1 | 127.9 | 172.3 | — | |