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 | 19.7 | 30.9 | 41.2 | — | |
| + Finance Costs | 19.7 | 7.6 | 9.8 | — | |
| + Interest Income | -15.7 | -20.4 | -16.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.1 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -2.5 | -6.1 | -2.7 | — | |
| + Other Non-cash Items | -0.1 | 0.3 | -3.6 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -0.1 | — | |
| + Other Reconciling Items | 0.0 | -0.1 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -174.3 | -35.2 | 0.0 | — | |
| + Other Financial Assets — Non-current | -44.7 | -128.0 | 0.0 | — | |
| + Other Current Assets | 19.1 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 44.8 | 42.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 20.1 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | -18.2 | 0.0 | — | |
| + Provisions — Current | -5.3 | 1.0 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | -1.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -1.3 | 35.1 | 48.6 | 32.3 | |
| + Total Adjustments (incl. Working Capital) | -131.5 | -126.3 | 25.9 | — | |
| Cash from Operations (pre-tax) | -132.8 | -91.2 | 74.5 | — | |
| + Income Taxes Paid | 9.7 | -2.5 | 0.0 | — | |
| Cash from Operating Activities | -142.4 | -88.6 | 74.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2.0 | 6.3 | 0.0 | — | |
| + Acq of Intangible Assets | 0.0 | 23.2 | 0.0 | — | |
| + Disp of Fixed Assets | 0.2 | 0.9 | 0.0 | — | |
| + Disp of Intangible Assets | -24.6 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 129.0 | 0.0 | — | |
| + Interest Received — Investing | 4.4 | 16.1 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | -211.6 | 235.1 | 0.0 | — | |
| Cash from Investing Activities | -233.7 | 93.7 | 0.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 583.1 | 0.0 | 0.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | 20.2 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 20.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 762.7 | 190.6 | 0.0 | — | |
| + Repayment of Borrowings | 873.7 | 259.3 | 0.0 | — | |
| + Payment of Lease Liabilities | 4.6 | 9.0 | 0.0 | — | |
| + Interest Paid | 19.5 | 4.2 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | -1.6 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 466.3 | -102.2 | 0.0 | — | |
| Net Changes in Cash (pre-FX) | 90.1 | -97.1 | 74.5 | — | |
| + Effect of FX Rate Changes on Cash | 3.1 | 6.5 | 0.0 | — | |
| Net Changes in Cash | 93.2 | -90.6 | 74.5 | — | |
| Closing Cash | 140.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 14.7 | 44.4 | 80.4 | 69.7 | |
| EBITDA Margin % | 3.48 | 5.61 | 7.98 | 7.08 | |
| Free Cash Flow (CFO − Capex) | -144.5 | -118.1 | 74.5 | 74.5 | |
| Free Cash Flow to Equity | — | -131.6 | 91.6 | — | |
| Free Cash Flow per Basic Share | -9.21 | -7.53 | 4.75 | 4.75 | |
| Price to Free Cash Flow | — | — | — | 24.03 | |
| Cash Flow to Net Income | 31.62 | -2.42 | 1.59 | — | |
| Cash Paid for Taxes | 9.7 | -2.5 | 0.0 | — | |
| Cash Paid for Interest | 19.5 | 4.2 | 0.0 | — | |