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 | 8.4 | 14.8 | 36.9 | — | |
| + Finance Costs | 13.7 | 7.7 | 0.0 | — | |
| + Interest Income | -10.3 | -23.8 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -2.3 | 0.0 | — | |
| + Share-based Payments | 0.0 | 9.3 | 2.2 | — | |
| + Other Non-cash Items | -0.4 | -0.3 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -0.0 | 0.0 | — | |
| + Other Reconciling Items | 15.0 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.3 | 0.0 | -0.5 | — | |
| + Trade Receivables — Current | -72.0 | -40.1 | -128.7 | — | |
| + Other Financial Assets — Current | -81.6 | -1.2 | -92.1 | — | |
| + Other Current Assets | 0.0 | -45.4 | 0.0 | — | |
| + Trade Payables — Current | -7.3 | 2.2 | 5.0 | — | |
| + Other Financial Liabilities — Current | -0.3 | 2.5 | 10.5 | — | |
| + Other Current Liabilities | 1.0 | 4.5 | 8.8 | — | |
| + Provisions — Current | 0.6 | 0.0 | -1.5 | — | |
| + Provisions — Non-current | 0.0 | 1.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 59.8 | 118.3 | 180.7 | 169.8 | |
| + Total Adjustments (incl. Working Capital) | -133.3 | -71.3 | -159.3 | — | |
| Cash from Operations (pre-tax) | -73.6 | 47.1 | 21.4 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -36.2 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | -5.3 | — | |
| + Income Taxes Paid | 9.2 | 27.4 | 42.1 | — | |
| Cash from Operating Activities | -82.7 | 19.7 | -51.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 45.9 | 67.5 | 107.1 | — | |
| + Acq of Intangible Assets | 268.4 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.5 | 36.9 | 0.0 | — | |
| + Disp of Other Long-term Assets | 1.2 | 0.5 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 24.8 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 54.9 | 51.8 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 10.0 | — | |
| + Interest Received — Investing | 6.5 | 16.7 | 35.6 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -343.8 | 208.5 | — | |
| Cash from Investing Activities | -331.9 | -485.8 | 75.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 487.3 | 597.0 | 0.2 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 16.3 | — | |
| + Proceeds from Borrowings | 52.1 | 0.0 | 40.3 | — | |
| + Repayment of Borrowings | 99.5 | 68.5 | 3.4 | — | |
| + Payment of Lease Liabilities | 2.1 | 2.8 | 3.9 | — | |
| + Interest Paid | 13.7 | 7.7 | 5.3 | — | |
| + Other Inflows / (Outflows) — Financing | -21.0 | -21.8 | 0.0 | — | |
| Cash from Financing Activities | 403.0 | 496.3 | 44.1 | — | |
| Net Changes in Cash (pre-FX) | -11.6 | 30.2 | 67.8 | — | |
| Net Changes in Cash | -11.6 | 30.2 | 67.8 | — | |
| Closing Cash | 7.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 70.6 | 114.0 | 185.0 | 185.4 | |
| EBITDA Margin % | 9.10 | 8.74 | 9.70 | 9.27 | |
| Free Cash Flow (CFO − Capex) | -397.1 | -47.8 | -158.6 | -158.6 | |
| Free Cash Flow to Equity | — | -120.5 | -127.0 | — | |
| Free Cash Flow per Basic Share | -29.53 | -3.55 | -11.79 | -11.79 | |
| Cash Flow to Net Income | -1.88 | 0.22 | -0.37 | — | |
| Cash Paid for Taxes | 9.2 | 27.4 | 42.1 | — | |
| Cash Paid for Interest | 13.7 | 7.7 | 5.3 | — | |