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 | 76.7 | 98.6 | 182.2 | — | |
| + Finance Costs | 47.2 | 67.9 | 96.7 | — | |
| + Interest Income | -0.9 | 0.0 | -2.4 | — | |
| + Share-based Payments | 0.1 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 12.8 | -7.9 | -27.7 | — | |
| + Other Reconciling Items | 0.5 | 0.0 | -2.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -156.5 | -135.6 | -612.0 | — | |
| + Trade Receivables — Current | 0.0 | -0.0 | -1.5 | — | |
| + Other Financial Assets — Current | -4.5 | -7.1 | -8.3 | — | |
| + Other Current Assets | -14.6 | -60.6 | -76.8 | — | |
| + Trade Payables — Current | 89.0 | 178.1 | 142.1 | — | |
| + Other Financial Liabilities — Current | 8.0 | 13.3 | -2.4 | — | |
| + Other Current Liabilities | 2.5 | 2.1 | 4.8 | — | |
| + Provisions — Current | 2.3 | 2.2 | 4.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 31.4 | 98.2 | 214.6 | 266.2 | |
| + Total Adjustments (incl. Working Capital) | 62.8 | 150.9 | -303.0 | — | |
| Cash from Operations (pre-tax) | 94.2 | 249.1 | -88.4 | — | |
| + Interest Received — Operating | 0.0 | -1.3 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | 37.7 | — | |
| + Income Taxes Paid | 0.7 | 24.8 | 52.7 | — | |
| Cash from Operating Activities | 93.4 | 223.0 | -103.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 39.2 | 134.4 | 230.9 | — | |
| + Acq of Intangible Assets | 0.0 | 0.1 | 0.2 | — | |
| + Disp of Fixed Assets | 2.0 | 5.0 | 10.2 | — | |
| + Disp of Intangibles under Development | -0.3 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.1 | 0.1 | 0.3 | — | |
| + Other Inflows / (Outflows) — Investing | -1.9 | -1.3 | 1.9 | — | |
| Cash from Investing Activities | -39.3 | -130.7 | -218.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.2 | 0.0 | 394.3 | — | |
| + Proceeds from Borrowings | 50.8 | 19.9 | 128.6 | — | |
| + Repayment of Borrowings | 13.7 | -4.9 | 10.3 | — | |
| + Payment of Lease Liabilities | 39.8 | 51.2 | 0.0 | — | |
| + Interest Paid | 47.2 | 66.2 | 96.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -96.8 | — | |
| Cash from Financing Activities | -49.6 | -92.7 | 319.0 | — | |
| Net Changes in Cash (pre-FX) | 4.5 | -0.4 | -3.1 | — | |
| Net Changes in Cash | 4.5 | -0.4 | -3.1 | — | |
| Closing Cash | 9.4 | — | 6.0 | — | |
| Reference Items | |||||
| EBITDA | 147.8 | 257.8 | 455.5 | 595.0 | |
| EBITDA Margin % | 12.69 | 13.68 | 14.85 | 14.64 | |
| Free Cash Flow (CFO − Capex) | 54.2 | 88.5 | -334.4 | -334.4 | |
| Free Cash Flow to Equity | — | 47.1 | -292.9 | — | |
| Free Cash Flow per Basic Share | 1.49 | 2.43 | -9.17 | -9.17 | |
| Cash Flow to Net Income | 3.36 | 3.10 | -0.64 | — | |
| Cash Paid for Taxes | 0.7 | 24.8 | 52.7 | — | |
| Cash Paid for Interest | 47.2 | 66.2 | 96.7 | — | |