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 | 23.2 | 28.3 | 35.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 10.0 | 10.9 | — | |
| + Finance Costs | 23.2 | 28.7 | 22.1 | — | |
| + Interest Income | -21.0 | -40.5 | -55.4 | — | |
| + Dividend Income | -0.4 | -0.5 | -2.1 | — | |
| + Fair Value (Gains) / Losses | -42.4 | -50.3 | -43.8 | — | |
| + Share-based Payments | 0.7 | 1.3 | 1.5 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.1 | 2.1 | — | |
| + Other Non-cash Items | 0.0 | 21.5 | 1.5 | — | |
| + Other — Cash Effects are Investing / Financing | -1.0 | -4.0 | 0.5 | — | |
| + Other Reconciling Items | 0.5 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -149.8 | 19.0 | -90.3 | — | |
| + Trade Receivables — Current | -10.1 | -110.3 | -29.9 | — | |
| + Other Financial Assets — Current | 9.8 | -0.2 | -0.4 | — | |
| + Other Financial Assets — Non-current | 0.0 | 2.3 | -0.2 | — | |
| + Other Current Assets | -10.4 | -29.4 | 11.2 | — | |
| + Other Non-current Assets | 0.0 | -0.2 | -0.0 | — | |
| + Trade Payables — Current | 188.0 | 105.8 | 96.1 | — | |
| + Other Financial Liabilities — Current | 15.8 | -4.5 | 1.6 | — | |
| + Other Current Liabilities | 48.3 | 20.6 | 57.6 | — | |
| + Provisions — Current | 27.8 | -1.9 | -1.8 | — | |
| + Provisions — Non-current | 0.0 | 0.6 | 2.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 433.9 | 549.1 | 556.7 | 587.4 | |
| + Total Adjustments (incl. Working Capital) | 102.1 | -3.7 | 18.3 | — | |
| Cash from Operations (pre-tax) | 536.1 | 545.4 | 575.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -2.2 | — | |
| + Income Taxes Paid | 102.6 | 133.5 | 155.6 | — | |
| Cash from Operating Activities | 433.4 | 412.0 | 417.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 175.1 | 221.0 | 93.3 | — | |
| + Disp of Fixed Assets | 9.8 | 15.5 | 6.5 | — | |
| + Acq of Other Long-term Assets | 0.0 | 10.2 | 29.5 | — | |
| + Disp of Other Long-term Assets | 0.0 | 60.8 | 29.3 | — | |
| + Purchase of Investments (Equity / Debt) | 558.8 | 737.6 | 831.1 | — | |
| + Sale of Investments (Equity / Debt) | 360.1 | 460.2 | 508.3 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | -1.7 | — | |
| + Dividends Received — Investing | 0.4 | 0.5 | 2.1 | — | |
| + Interest Received — Investing | 15.4 | 47.4 | 57.6 | — | |
| + Other Inflows / (Outflows) — Investing | -20.0 | 1.6 | 1.9 | — | |
| Cash from Investing Activities | -368.2 | -382.7 | -349.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 0.0 | 1.1 | 0.9 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 4.5 | 0.3 | — | |
| + Payments for Other Equity Instruments | 5.5 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 638.2 | 926.7 | 691.7 | — | |
| + Repayment of Borrowings | 640.5 | 915.8 | 706.4 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.5 | 1.5 | — | |
| + Payment of Finance Lease Liabilities | 0.6 | — | — | — | |
| + Interest Paid | 18.4 | 12.2 | 12.6 | — | |
| + Dividends Paid | 11.9 | 23.8 | 23.8 | — | |
| Cash from Financing Activities | -38.7 | -29.0 | -51.9 | — | |
| Net Changes in Cash (pre-FX) | 26.5 | 0.3 | 15.5 | — | |
| + Effect of FX Rate Changes on Cash | 0.2 | 0.3 | 0.0 | — | |
| Net Changes in Cash | 26.7 | 0.6 | 15.5 | — | |
| Closing Cash | 48.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 403.3 | 505.8 | 504.0 | 529.0 | |
| EBITDA Margin % | 13.84 | 15.20 | 15.36 | 15.50 | |
| Free Cash Flow (CFO − Capex) | 258.4 | 191.0 | 324.0 | 324.0 | |
| Free Cash Flow to Equity | — | 189.7 | 296.7 | — | |
| Free Cash Flow per Basic Share | 21.69 | 16.04 | 27.20 | 27.20 | |
| Price to Free Cash Flow | — | — | — | 41.03 | |
| Cash Flow to Net Income | 1.32 | 1.01 | 1.01 | — | |
| Cash Paid for Taxes | 102.6 | 133.5 | 155.6 | — | |
| Cash Paid for Interest | 18.4 | 12.2 | 12.6 | — | |