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 | 65.4 | 205.8 | 63.0 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 22.5 | 0.0 | — | |
| + Finance Costs | 78.2 | 132.1 | 125.2 | — | |
| + Interest Income | -4.5 | -3.8 | -1.6 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -29.5 | 0.0 | — | |
| + Share-based Payments | 5.3 | 8.9 | 2.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | 0.3 | -0.9 | — | |
| + Other Non-cash Items | -2.8 | -6.5 | -10.4 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -133.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.0 | 0.0 | 0.1 | — | |
| + Trade Receivables — Current | -27.5 | -12.2 | -4.4 | — | |
| + Other Financial Assets — Current | -20.2 | 9.1 | 1.4 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -24.9 | — | |
| + Other Current Assets | -13.2 | 3.3 | 0.0 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | -11.5 | — | |
| + Trade Payables — Current | 9.5 | 11.8 | 16.6 | — | |
| + Other Financial Liabilities — Current | 19.1 | -51.5 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -14.6 | — | |
| + Other Current Liabilities | -1.5 | 2.8 | 22.7 | — | |
| + Other Non-current Liabilities | 0.0 | 0.0 | -63.4 | — | |
| + Provisions — Current | 0.0 | 2.4 | -4.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -81.3 | -254.6 | 153.9 | 178.3 | |
| + Total Adjustments (incl. Working Capital) | 108.2 | 295.6 | -37.9 | — | |
| Cash from Operations (pre-tax) | 26.9 | 41.0 | 116.0 | — | |
| + Income Taxes Paid | 0.2 | 9.3 | 11.3 | — | |
| Cash from Operating Activities | 26.7 | 31.7 | 104.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 13.3 | 15.0 | 14.1 | — | |
| + Disp of Fixed Assets | 0.0 | 3.0 | 0.3 | — | |
| + Disp of Investment Property | 0.3 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 67.7 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 217.4 | 0.0 | 114.6 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | -2.5 | — | |
| + Interest Received — Investing | 3.3 | 1.9 | 1.8 | — | |
| + Other Inflows / (Outflows) — Investing | -5.3 | 29.1 | 26.7 | — | |
| Cash from Investing Activities | -232.3 | -48.7 | -102.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.3 | 82.3 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 6.3 | 361.2 | — | |
| + Proceeds from Borrowings | 291.5 | 353.4 | 288.5 | — | |
| + Repayment of Borrowings | 84.0 | 287.6 | 500.5 | — | |
| + Payment of Lease Liabilities | 0.0 | 38.8 | 37.3 | — | |
| + Payment of Finance Lease Liabilities | 28.3 | — | — | — | |
| + Interest Paid | 40.2 | 64.6 | 138.0 | — | |
| + Other Inflows / (Outflows) — Financing | 1.2 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 140.6 | 51.0 | -26.1 | — | |
| Net Changes in Cash (pre-FX) | -65.1 | 33.9 | -23.7 | — | |
| Net Changes in Cash | -65.1 | 33.9 | -23.7 | — | |
| Closing Cash | 19.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 54.0 | 35.9 | 166.7 | 187.1 | |
| EBITDA Margin % | 14.93 | 7.63 | 34.63 | 35.61 | |
| Free Cash Flow (CFO − Capex) | 13.4 | 16.7 | 90.6 | 90.6 | |
| Free Cash Flow to Equity | — | 13.8 | -259.8 | — | |
| Free Cash Flow per Basic Share | 1.39 | 1.74 | 9.42 | 9.42 | |
| Price to Free Cash Flow | — | — | — | 24.53 | |
| Cash Flow to Net Income | -0.35 | -0.13 | 0.81 | — | |
| Cash Paid for Taxes | 0.2 | 9.3 | 11.3 | — | |
| Cash Paid for Interest | 40.2 | 64.6 | 138.0 | — | |