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 | 61.5 | 66.5 | 233.6 | — | |
| + Finance Costs | 48.1 | 60.8 | 69.2 | — | |
| + Interest Income | -0.7 | -2.7 | -9.3 | — | |
| + Fair Value (Gains) / Losses | -0.0 | 0.0 | 0.0 | — | |
| + Share-based Payments | 0.0 | 32.4 | 36.3 | — | |
| + Unrealised FX (Gain) / Loss | 15.4 | 8.1 | -6.6 | — | |
| + Other Non-cash Items | 31.6 | -9.9 | 50.6 | — | |
| + Other — Cash Effects are Investing / Financing | -11.0 | 0.0 | -9.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | 0.3 | -46.9 | -103.9 | — | |
| + Trade Receivables — Current | -8.8 | -47.9 | -284.1 | — | |
| + Other Current Assets | -0.0 | -0.0 | 0.0 | — | |
| + Other Bank Balances | 0.0 | 0.0 | -0.1 | — | |
| + Trade Payables — Current | -37.1 | 6.4 | 58.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -54.6 | 44.3 | 349.0 | 337.9 | |
| + Total Adjustments (incl. Working Capital) | 99.3 | 66.7 | 35.2 | — | |
| Cash from Operations (pre-tax) | 44.7 | 111.0 | 384.2 | — | |
| + Income Taxes Paid | 14.1 | 27.6 | 61.3 | — | |
| Cash from Operating Activities | 30.6 | 83.4 | 322.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 30.8 | 39.1 | 134.7 | — | |
| + Disp of Fixed Assets | 19.2 | 9.7 | 36.9 | — | |
| + Acq of Other Long-term Assets | 5.7 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 2.9 | — | |
| + Interest Received — Investing | 0.6 | 2.5 | 9.8 | — | |
| + Other Inflows / (Outflows) — Investing | 10.9 | 2.2 | 1.1 | — | |
| Cash from Investing Activities | -5.9 | -24.8 | -84.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 39.5 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 92.5 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 39.9 | — | |
| + Proceeds from Borrowings | 113.3 | 268.2 | 5.2 | — | |
| + Repayment of Borrowings | 58.5 | 270.8 | 212.9 | — | |
| + Payment of Lease Liabilities | 0.0 | 12.5 | 13.6 | — | |
| + Payment of Finance Lease Liabilities | 10.8 | — | — | — | |
| + Interest Paid | 45.3 | 51.3 | 69.0 | — | |
| + Dividends Paid | 0.0 | 1.9 | 4.9 | — | |
| + Other Inflows / (Outflows) — Financing | -0.1 | 7.5 | 0.0 | — | |
| Cash from Financing Activities | -1.4 | -60.7 | -123.3 | — | |
| Net Changes in Cash (pre-FX) | 23.2 | -2.2 | 115.5 | — | |
| Net Changes in Cash | 23.2 | -2.2 | 115.5 | — | |
| Closing Cash | 64.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 61.4 | 161.8 | 652.5 | 593.9 | |
| EBITDA Margin % | 4.48 | 10.43 | 19.08 | 18.86 | |
| Free Cash Flow (CFO − Capex) | -0.2 | 44.3 | 188.2 | 188.2 | |
| Free Cash Flow to Equity | — | -11.9 | 108.6 | — | |
| Free Cash Flow per Basic Share | -0.00 | 1.01 | 4.31 | 4.31 | |
| Price to Free Cash Flow | — | — | — | 60.12 | |
| Cash Flow to Net Income | -1.03 | 2.58 | 1.44 | — | |
| Cash Paid for Taxes | 14.1 | 27.6 | 61.3 | — | |
| Cash Paid for Interest | 45.3 | 51.3 | 69.0 | — | |