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 | 113.2 | 124.6 | 125.1 | — | |
| + Finance Costs | 22.7 | 21.0 | 31.5 | — | |
| + Interest Income | 0.0 | 0.0 | -5.3 | — | |
| + Fair Value (Gains) / Losses | -6.4 | 0.7 | -2.3 | — | |
| + Share-based Payments | 3.1 | 2.1 | 0.8 | — | |
| + Unrealised FX (Gain) / Loss | -1.0 | 4.0 | -5.9 | — | |
| + Other Non-cash Items | 126.2 | 0.1 | 56.1 | — | |
| + Other — Cash Effects are Investing / Financing | -69.6 | -1.0 | -273.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -79.4 | -252.5 | 13.8 | — | |
| + Trade Receivables — Current | -25.1 | -39.0 | -20.9 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | 2.0 | 0.0 | 0.0 | — | |
| + Other Current Assets | -33.8 | 0.0 | 0.0 | — | |
| + Other Non-current Assets | 40.5 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 8.7 | -2.4 | -201.0 | — | |
| + Other Current Liabilities | -7.1 | 0.0 | 0.0 | — | |
| + Provisions — Current | -8.4 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -61.7 | 154.6 | 292.4 | 350.4 | |
| + Total Adjustments (incl. Working Capital) | 85.4 | -142.3 | -281.2 | — | |
| Cash from Operations (pre-tax) | 23.8 | 12.3 | 11.2 | — | |
| + Interest Received — Operating | -0.7 | -2.9 | 0.0 | — | |
| + Dividends Received — Operating | -0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 6.4 | 16.4 | 7.6 | — | |
| Cash from Operating Activities | 16.7 | -7.0 | 3.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 22.5 | 137.4 | 123.0 | — | |
| + Disp of Fixed Assets | 8.9 | 2.2 | 282.6 | — | |
| + Sale of Investments (Equity / Debt) | 65.2 | 1.4 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 84.5 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 4.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.6 | 1.7 | 5.6 | — | |
| + Other Inflows / (Outflows) — Investing | -1.8 | -24.6 | 22.9 | — | |
| Cash from Investing Activities | 50.4 | -241.2 | 192.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 0.0 | 235.2 | 75.3 | — | |
| + Repayment of Borrowings | 78.5 | 25.7 | 41.9 | — | |
| + Payment of Lease Liabilities | 5.4 | 5.9 | 6.3 | — | |
| + Interest Paid | 22.2 | 19.6 | 24.9 | — | |
| + Dividends Paid | 0.2 | 0.3 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -0.4 | — | |
| Cash from Financing Activities | -106.3 | 183.8 | 1.9 | — | |
| Net Changes in Cash (pre-FX) | -39.2 | -64.5 | 197.6 | — | |
| + Effect of FX Rate Changes on Cash | 6.4 | -0.7 | 2.3 | — | |
| Net Changes in Cash | -32.8 | -65.2 | 199.9 | — | |
| Closing Cash | 150.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 100.2 | 264.9 | 184.2 | 228.6 | |
| EBITDA Margin % | 5.88 | 12.55 | 8.36 | 9.90 | |
| Free Cash Flow (CFO − Capex) | -5.9 | -144.4 | -119.4 | -119.4 | |
| Free Cash Flow to Equity | — | 46.9 | -105.5 | — | |
| Free Cash Flow per Basic Share | -0.83 | -20.51 | -16.96 | -16.96 | |
| Cash Flow to Net Income | -0.24 | -0.05 | 0.01 | — | |
| Cash Paid for Taxes | 6.4 | 16.4 | 7.6 | — | |
| Cash Paid for Interest | 22.2 | 19.6 | 24.9 | — | |