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 | 8.3 | 10.4 | 16.8 | |
| + Finance Costs | 18.1 | 11.2 | 15.9 | |
| + Interest Income | -1.8 | -1.6 | -1.7 | |
| + Other Non-cash Items | 0.0 | 1.4 | 2.0 | |
| + Other — Cash Effects are Investing / Financing | -0.0 | 0.0 | 0.0 | |
| Changes in Working Capital | ||||
| + Inventories | -50.6 | -20.0 | 67.8 | |
| + Trade Receivables — Current | 3.5 | -20.9 | 16.6 | |
| + Other Financial Assets — Current | -8.3 | 1.3 | 2.4 | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -11.1 | |
| + Other Current Assets | 3.0 | -7.3 | 2.5 | |
| + Other Non-current Assets | 0.0 | 0.0 | 3.9 | |
| + Trade Payables — Current | 14.5 | 30.4 | -59.3 | |
| + Other Financial Liabilities — Current | 1.6 | 3.2 | 5.6 | |
| + Other Current Liabilities | 0.4 | 16.4 | -15.1 | |
| + Provisions — Current | 0.1 | 0.0 | 0.0 | |
| + Provisions — Non-current | 0.4 | 0.0 | 0.0 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 24.1 | 16.9 | 12.4 | |
| + Total Adjustments (incl. Working Capital) | -10.8 | 24.6 | 46.1 | |
| Cash from Operations (pre-tax) | 13.3 | 41.4 | 58.5 | |
| + Other Inflows / (Outflows) — Operating | -0.1 | -0.7 | -0.7 | |
| + Income Taxes Paid | 7.3 | 4.8 | 3.8 | |
| Cash from Operating Activities | 5.9 | 35.9 | 54.1 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 34.3 | 67.3 | 64.3 | |
| + Disp of Fixed Assets | 0.0 | 1.2 | 0.0 | |
| + Acq of Other Long-term Assets | 1.1 | 0.0 | 0.0 | |
| + Disp of Other Long-term Assets | 0.0 | 6.7 | 0.0 | |
| + Interest Received — Investing | 1.8 | 1.6 | 1.7 | |
| + Other Inflows / (Outflows) — Investing | -10.8 | 0.0 | 0.0 | |
| Cash from Investing Activities | -44.4 | -57.8 | -62.6 | |
| Cash from Financing Activities | ||||
| + Proceeds from Issue of Shares | 66.8 | 0.0 | 0.0 | |
| + Proceeds from Borrowings | 5.9 | 29.9 | 21.9 | |
| + Repayment of Borrowings | 17.6 | 0.0 | 0.0 | |
| + Payment of Lease Liabilities | 0.0 | 0.6 | 0.1 | |
| + Interest Paid | 18.0 | 11.2 | 15.9 | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -1.7 | 0.0 | |
| Cash from Financing Activities | 37.1 | 16.5 | 5.9 | |
| Net Changes in Cash (pre-FX) | -1.5 | -5.4 | -2.6 | |
| Net Changes in Cash | -1.5 | -5.4 | -2.6 | |
| Closing Cash | 24.1 | — | — | |
| Reference Items | ||||
| EBITDA | 48.8 | 36.6 | 43.5 | |
| EBITDA Margin % | 4.55 | 3.67 | 3.78 | |
| Free Cash Flow (CFO − Capex) | -28.4 | -31.4 | -10.2 | |
| Free Cash Flow to Equity | — | -13.6 | -4.2 | |
| Free Cash Flow per Basic Share | -14.98 | -16.56 | -5.40 | |
| Cash Flow to Net Income | 0.33 | 3.05 | 6.15 | |
| Cash Paid for Taxes | 7.3 | 4.8 | 3.8 | |
| Cash Paid for Interest | 18.0 | 11.2 | 15.9 | |