In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 3.8 | 4.4 | 9.4 | |
| + Finance Costs | 7.7 | 8.0 | 17.6 | |
| + Other Non-cash Items | 0.0 | -0.1 | 0.0 | |
| + Other Reconciling Items | 0.1 | 3.8 | 0.0 | |
| Changes in Working Capital | ||||
| + Inventories | 0.0 | -19.8 | -16.3 | |
| + Trade Receivables — Current | 0.0 | 10.0 | -6.8 | |
| + Trade Receivables — Non-current | 0.0 | -6.8 | 0.0 | |
| + Other Financial Assets — Current | 0.0 | -1.8 | -1.0 | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | 3.8 | |
| + Other Current Assets | 27.0 | -6.8 | -6.2 | |
| + Trade Payables — Current | 0.0 | 22.6 | 6.0 | |
| + Other Current Liabilities | -20.2 | 8.6 | -6.2 | |
| + Other Non-current Liabilities | 0.0 | 0.0 | 4.9 | |
| + Provisions — Current | 0.0 | 0.3 | 1.0 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 12.3 | 13.2 | 14.0 | |
| + Total Adjustments (incl. Working Capital) | 18.4 | 22.4 | 6.1 | |
| Cash from Operations (pre-tax) | 30.7 | 35.5 | 20.1 | |
| + Income Taxes Paid | 0.0 | 1.2 | 0.0 | |
| Cash from Operating Activities | 30.7 | 34.4 | 20.1 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 4.3 | 65.1 | 174.5 | |
| + Disp of Fixed Assets | 0.1 | 0.2 | 0.0 | |
| + Acq of Investment Property | 0.0 | 0.0 | -16.2 | |
| + Disp of Investment Property | 0.0 | 3.4 | 0.0 | |
| + Acq of Other Long-term Assets | 0.0 | 10.0 | 0.0 | |
| + Investment in Partnership Firms / LLPs | 0.0 | 0.0 | 0.0 | |
| + Other Inflows / (Outflows) — Investing | -5.1 | -62.8 | 0.0 | |
| Cash from Investing Activities | -9.4 | -134.3 | -158.3 | |
| Cash from Financing Activities | ||||
| + Proceeds from Issue of Shares | 0.0 | 7.0 | 8.0 | |
| + Proceeds from Borrowings | -3.0 | 123.4 | 120.7 | |
| + Interest Paid | 7.7 | 8.0 | 17.6 | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | 0.0 | 1.8 | |
| Cash from Financing Activities | -10.7 | 122.4 | 109.4 | |
| Net Changes in Cash (pre-FX) | 10.7 | 22.4 | -28.8 | |
| Net Changes in Cash | 10.7 | 22.4 | -28.8 | |
| Closing Cash | 22.6 | — | — | |
| Reference Items | ||||
| EBITDA | 22.1 | 26.7 | 40.1 | |
| EBITDA Margin % | 5.68 | 6.49 | 8.58 | |
| Free Cash Flow (CFO − Capex) | 26.4 | -30.7 | -154.3 | |
| Free Cash Flow to Equity | — | 84.7 | -51.2 | |
| Free Cash Flow per Basic Share | 8.01 | -9.32 | -46.85 | |
| Cash Flow to Net Income | 3.40 | 3.99 | 4.75 | |
| Cash Paid for Taxes | 0.0 | 1.2 | 0.0 | |
| Cash Paid for Interest | 7.7 | 8.0 | 17.6 | |