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 | 16.0 | 20.1 | 20.0 | — | |
| + Finance Costs | 6.9 | 11.4 | 13.2 | — | |
| + Interest Income | -0.0 | -0.1 | -0.3 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.0 | — | |
| + Share-based Payments | 0.0 | 1.4 | 1.1 | — | |
| + Unrealised FX (Gain) / Loss | -1.1 | -0.3 | -2.8 | — | |
| + Other Non-cash Items | -0.2 | -0.7 | -0.2 | — | |
| + Other Reconciling Items | 0.5 | 0.6 | -1.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -27.6 | -5.2 | -7.3 | — | |
| + Trade Receivables — Current | -4.7 | -8.0 | 1.1 | — | |
| + Other Financial Assets — Current | -1.3 | -0.7 | 5.8 | — | |
| + Other Financial Assets — Non-current | -0.7 | -0.1 | -0.0 | — | |
| + Other Non-current Assets | -0.4 | -0.1 | 0.2 | — | |
| + Trade Payables — Current | 4.1 | 7.1 | 3.4 | — | |
| + Other Financial Liabilities — Current | -1.5 | 2.7 | -0.3 | — | |
| + Other Non-current Liabilities | 5.3 | -6.1 | 13.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 23.6 | 18.0 | 8.2 | 5.1 | |
| + Total Adjustments (incl. Working Capital) | -4.8 | 22.1 | 45.1 | — | |
| Cash from Operations (pre-tax) | 18.9 | 40.1 | 53.3 | — | |
| + Income Taxes Paid | 2.6 | -1.1 | 3.7 | — | |
| Cash from Operating Activities | 16.3 | 41.2 | 49.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 73.9 | 40.8 | 44.4 | — | |
| + Disp of Fixed Assets | 0.5 | 0.7 | 5.6 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.0 | 0.0 | 0.2 | — | |
| + Other Inflows / (Outflows) — Investing | 0.3 | 0.1 | -17.8 | — | |
| Cash from Investing Activities | -73.0 | -39.9 | -56.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 35.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.1 | — | |
| + Proceeds from Borrowings | 28.1 | 24.6 | 24.8 | — | |
| + Repayment of Borrowings | -19.2 | 17.8 | 14.7 | — | |
| + Payment of Lease Liabilities | 1.7 | 3.6 | 3.9 | — | |
| + Interest Paid | 7.5 | 12.3 | 12.9 | — | |
| + Other Inflows / (Outflows) — Financing | 21.4 | 0.0 | -0.2 | — | |
| Cash from Financing Activities | 59.5 | -9.1 | 28.2 | — | |
| Net Changes in Cash (pre-FX) | 2.8 | -7.9 | 21.4 | — | |
| + Effect of FX Rate Changes on Cash | 0.4 | 0.2 | 1.8 | — | |
| Net Changes in Cash | 3.2 | -7.7 | 23.2 | — | |
| Closing Cash | 9.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 41.3 | 43.7 | 30.0 | 28.2 | |
| EBITDA Margin % | 11.25 | 11.54 | 8.02 | 7.11 | |
| Free Cash Flow (CFO − Capex) | -57.6 | 0.4 | 5.1 | 5.1 | |
| Free Cash Flow to Equity | — | -6.1 | 3.1 | — | |
| Free Cash Flow per Basic Share | -10.77 | 0.07 | 0.96 | 0.96 | |
| Price to Free Cash Flow | — | — | — | 142.60 | |
| Cash Flow to Net Income | 0.94 | 3.38 | 8.48 | — | |
| Cash Paid for Taxes | 2.6 | -1.1 | 3.7 | — | |
| Cash Paid for Interest | 7.5 | 12.3 | 12.9 | — | |