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 | 378.1 | 434.3 | 474.1 | — | |
| + Impairment Loss / (Reversal) | 4.0 | 0.0 | 0.0 | — | |
| + Finance Costs | 211.5 | 275.4 | 339.9 | — | |
| + Interest Income | 0.0 | -15.0 | 3.9 | — | |
| + Share-based Payments | 0.0 | 0.0 | 9.6 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 6.7 | -19.6 | — | |
| + Other Non-cash Items | 0.0 | -2.4 | 21.5 | — | |
| + Other — Cash Effects are Investing / Financing | -0.0 | -0.3 | 0.0 | — | |
| + Other Reconciling Items | -0.5 | -1.1 | -8.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -128.6 | -294.4 | -278.2 | — | |
| + Trade Receivables | — | 43.8 | — | — | |
| + Trade Receivables — Current | 68.6 | 43.8 | -692.6 | — | |
| + Trade Payables | — | 480.8 | — | — | |
| + Trade Payables — Current | 366.1 | 480.8 | 562.8 | — | |
| Total Working Capital Changes | — | 230.2 | — | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 395.4 | 307.2 | 364.8 | 503.1 | |
| + Total Adjustments (incl. Working Capital) | 899.0 | 942.8 | 413.0 | — | |
| Cash from Operations (pre-tax) | 1,294.5 | 1,250.0 | 777.9 | — | |
| + Interest Received — Operating | 0.0 | -15.0 | 0.0 | — | |
| + Income Taxes Paid | 90.9 | -6.9 | -2.9 | — | |
| Cash from Operating — before Extraordinary Items | — | 1,241.9 | — | — | |
| Cash from Operating Activities | 1,203.6 | 1,241.9 | 780.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,328.0 | 1,386.0 | 1,124.3 | — | |
| + Disp of Fixed Assets | 24.5 | 7.1 | 3.1 | — | |
| + Purchase of Investments (Equity / Debt) | 6.1 | 2.7 | 20.3 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 23.5 | 64.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 10.4 | — | |
| + Interest Received — Investing | 0.0 | 15.0 | 3.8 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -7.6 | 69.9 | — | |
| Cash from Investing — before Extraordinary Items | — | -1,397.7 | — | — | |
| Cash from Investing Activities | -1,309.6 | -1,397.7 | -1,142.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares (unclassified) | — | 0.0 | — | — | |
| + Proceeds from Borrowings | 1,291.9 | 592.7 | 1,250.7 | — | |
| + Repayment of Borrowings | 981.8 | 344.2 | 241.9 | — | |
| + Payment of Lease Liabilities | 9.2 | 10.0 | 10.7 | — | |
| + Interest Paid | 211.5 | 275.4 | 217.3 | — | |
| + Dividends Paid | 54.4 | 36.3 | 36.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -10.0 | 0.0 | — | |
| Cash from Financing — before Extraordinary Items | — | -73.2 | — | — | |
| Cash from Financing Activities | 35.0 | -73.2 | 744.6 | — | |
| Net Changes in Cash (pre-FX) | -71.0 | -228.9 | 383.3 | — | |
| Net Changes in Cash | -71.0 | -228.9 | 383.3 | — | |
| Closing Cash | 129.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 976.6 | 1,000.5 | 1,167.6 | 1,337.4 | |
| EBITDA Margin % | 15.33 | 13.76 | 14.09 | 14.84 | |
| Free Cash Flow (CFO − Capex) | -124.5 | -144.0 | -343.5 | -343.5 | |
| Free Cash Flow to Equity | — | 186.0 | 570.7 | — | |
| Free Cash Flow per Basic Share | -3.43 | -3.97 | -9.47 | -9.47 | |
| Cash Flow to Net Income | 2.89 | 3.75 | 1.86 | — | |
| Cash Paid for Taxes | 90.9 | -6.9 | -2.9 | — | |
| Cash Paid for Interest | 211.5 | 275.4 | 217.3 | — | |