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 | 24.2 | 23.4 | 21.0 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 10.7 | 2.6 | — | |
| + Finance Costs | 74.9 | 92.4 | 138.3 | — | |
| + Interest Income | -5.8 | -5.8 | -4.5 | — | |
| + Dividend Income | -5.5 | -9.9 | -9.7 | — | |
| + Unrealised FX (Gain) / Loss | 0.1 | 0.6 | 0.8 | — | |
| + Other Non-cash Items | -1.4 | 4.7 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -3.0 | -3.6 | -3.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -228.9 | -30.8 | -23.9 | — | |
| + Trade Receivables — Current | 386.1 | -932.8 | -261.7 | — | |
| + Trade Receivables — Non-current | -31.9 | 14.4 | -67.0 | — | |
| + Other Financial Assets — Current | 1.0 | -3.9 | -2.1 | — | |
| + Other Financial Assets — Non-current | -1.9 | -0.2 | -0.2 | — | |
| + Other Current Assets | -0.5 | -24.6 | -35.7 | — | |
| + Other Non-current Assets | -1.2 | 0.3 | 0.2 | — | |
| + Trade Payables — Current | -105.4 | 376.3 | -35.0 | — | |
| + Other Financial Liabilities — Current | 3.3 | 0.9 | 1.4 | — | |
| + Other Financial Liabilities — Non-current | 2.0 | 0.0 | -1.7 | — | |
| + Other Current Liabilities | 177.5 | -229.6 | 90.7 | — | |
| + Provisions — Current | -2.7 | 2.0 | 2.3 | — | |
| + Provisions — Non-current | -8.0 | -0.0 | 6.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 206.2 | 152.0 | 67.9 | 80.3 | |
| + Total Adjustments (incl. Working Capital) | 272.7 | -715.2 | -180.8 | — | |
| Cash from Operations (pre-tax) | 478.9 | -563.2 | -112.9 | — | |
| + Income Taxes Paid | 37.8 | 27.1 | 47.5 | — | |
| Cash from Operating Activities | 441.1 | -590.3 | -160.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 49.2 | 17.2 | 47.7 | — | |
| + Acq of Intangible Assets | 0.1 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 0.3 | 0.4 | 0.1 | — | |
| + Disp of Investment Property | 2.7 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 1.7 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 1.7 | 0.0 | — | |
| + Government Grants Received | 5.9 | 10.8 | 3.6 | — | |
| + Dividends Received — Investing | 5.5 | 9.9 | 9.7 | — | |
| + Interest Received — Investing | 4.9 | 4.7 | 5.0 | — | |
| + Other Inflows / (Outflows) — Investing | -9.3 | -1.2 | 7.7 | — | |
| Cash from Investing Activities | -41.0 | 5.6 | -21.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 90.3 | 738.8 | 350.0 | — | |
| + Repayment of Borrowings | 275.3 | 97.5 | 79.0 | — | |
| + Payment of Lease Liabilities | 3.6 | 4.6 | 4.8 | — | |
| + Interest Paid | 77.3 | 90.8 | 138.4 | — | |
| + Dividends Paid | 17.8 | 17.8 | 19.0 | — | |
| Cash from Financing Activities | -283.7 | 528.1 | 108.8 | — | |
| Net Changes in Cash (pre-FX) | 116.5 | -56.6 | -73.1 | — | |
| Net Changes in Cash | 116.5 | -56.6 | -73.1 | — | |
| Closing Cash | 152.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 294.8 | 258.7 | 221.3 | 245.3 | |
| EBITDA Margin % | 7.21 | 6.38 | 6.16 | 7.21 | |
| Free Cash Flow (CFO − Capex) | 391.9 | -607.5 | -208.1 | -208.1 | |
| Free Cash Flow to Equity | — | -20.2 | -76.2 | — | |
| Free Cash Flow per Basic Share | 330.70 | -512.62 | -175.56 | -175.56 | |
| Cash Flow to Net Income | 1.56 | -2.91 | -0.73 | — | |
| Cash Paid for Taxes | 37.8 | 27.1 | 47.5 | — | |
| Cash Paid for Interest | 77.3 | 90.8 | 138.4 | — | |