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 | 23.8 | 27.3 | 38.9 | — | |
| + Finance Costs | 82.8 | 93.6 | 101.9 | — | |
| + Interest Income | -0.1 | -0.1 | -0.2 | — | |
| + Dividend Income | -8.5 | -6.2 | -5.8 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | -0.4 | 4.5 | — | |
| + Other Non-cash Items | 0.4 | -4.6 | -0.6 | — | |
| + Other — Cash Effects are Investing / Financing | -8.7 | -6.7 | -6.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -3.7 | -111.3 | -212.2 | — | |
| + Trade Receivables — Current | -187.5 | 170.5 | -234.7 | — | |
| + Trade Receivables — Non-current | -7.8 | -0.4 | -66.9 | — | |
| + Other Financial Assets — Current | 3.1 | 8.8 | 6.7 | — | |
| + Other Financial Assets — Non-current | -0.7 | -0.1 | -1.2 | — | |
| + Other Current Assets | 19.0 | -45.3 | -128.1 | — | |
| + Other Non-current Assets | -0.2 | -0.0 | 0.3 | — | |
| + Trade Payables — Current | 44.2 | -4.4 | 432.2 | — | |
| + Other Financial Liabilities — Current | 4.3 | 19.3 | -1.9 | — | |
| + Other Financial Liabilities — Non-current | 4.5 | -4.2 | 5.8 | — | |
| + Other Current Liabilities | 9.1 | -11.4 | 22.4 | — | |
| + Other Non-current Liabilities | -0.0 | 0.0 | -0.0 | — | |
| + Provisions — Current | 0.2 | 0.1 | 5.1 | — | |
| + Provisions — Non-current | -0.3 | 0.0 | -1.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 70.1 | 71.3 | 135.1 | 153.5 | |
| + Total Adjustments (incl. Working Capital) | -26.3 | 124.4 | -41.9 | — | |
| Cash from Operations (pre-tax) | 43.8 | 195.7 | 93.3 | — | |
| + Income Taxes Paid | 10.7 | 20.1 | 29.8 | — | |
| Cash from Operating Activities | 33.1 | 175.6 | 63.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 60.8 | 163.1 | 269.8 | — | |
| + Disp of Fixed Assets | 0.9 | 0.4 | 0.4 | — | |
| + Purchase of Investments (Equity / Debt) | 4.6 | 0.0 | 0.0 | — | |
| + Government Grants Received | 0.0 | 8.8 | 0.0 | — | |
| + Dividends Received — Investing | 8.5 | 6.2 | 5.8 | — | |
| + Interest Received — Investing | 0.1 | 0.1 | 0.1 | — | |
| + Other Inflows / (Outflows) — Investing | 5.9 | 7.2 | 6.4 | — | |
| Cash from Investing Activities | -49.9 | -140.5 | -257.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 154.4 | 135.3 | 566.3 | — | |
| + Repayment of Borrowings | 43.1 | 57.9 | 243.6 | — | |
| + Payment of Lease Liabilities | 0.3 | 0.7 | 0.7 | — | |
| + Interest Paid | 82.5 | 97.5 | 116.3 | — | |
| + Dividends Paid | 10.4 | 10.3 | 13.9 | — | |
| Cash from Financing Activities | 18.1 | -31.2 | 191.9 | — | |
| Net Changes in Cash (pre-FX) | 1.3 | 3.9 | -1.7 | — | |
| Net Changes in Cash | 1.3 | 3.9 | -1.7 | — | |
| Closing Cash | 3.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 161.7 | 179.6 | 260.6 | 294.3 | |
| EBITDA Margin % | 8.00 | 7.46 | 8.62 | 8.74 | |
| Free Cash Flow (CFO − Capex) | -27.7 | 12.6 | -206.4 | -206.4 | |
| Free Cash Flow to Equity | — | -6.9 | 6.4 | — | |
| Free Cash Flow per Basic Share | -7.98 | 3.62 | -59.47 | -59.47 | |
| Cash Flow to Net Income | 0.31 | 1.96 | 0.39 | — | |
| Cash Paid for Taxes | 10.7 | 20.1 | 29.8 | — | |
| Cash Paid for Interest | 82.5 | 97.5 | 116.3 | — | |