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 | 241.6 | 222.7 | 73.5 | — | |
| + Impairment Loss / (Reversal) | 206.5 | 6.8 | 64.5 | — | |
| + Finance Costs | 58.2 | 0.0 | 0.0 | — | |
| + Interest Income | -14.1 | 6.3 | -9.2 | — | |
| + Dividend Income | 0.0 | 9.0 | -2.9 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -25.9 | — | |
| + Share-based Payments | 11.2 | 0.0 | 6.0 | — | |
| + Unrealised FX (Gain) / Loss | -1.2 | 0.0 | 1.8 | — | |
| + Other Non-cash Items | -1.3 | 43.1 | -31.6 | — | |
| + Other — Cash Effects are Investing / Financing | -10.7 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -376.1 | -26.9 | 210.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,316.9 | -4,604.6 | -1,897.9 | — | |
| + Trade Receivables — Current | -16.0 | -37.6 | 122.9 | — | |
| + Other Financial Assets — Current | -11.7 | -20.6 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | -233.3 | -124.4 | — | |
| + Other Current Assets | -25.0 | 0.0 | -427.6 | — | |
| + Other Bank Balances | 27.4 | -66.6 | 43.2 | — | |
| + Trade Payables — Current | -27.2 | 500.4 | -307.2 | — | |
| + Other Financial Liabilities — Current | 20.2 | 48.4 | -36.8 | — | |
| + Other Current Liabilities | 579.0 | 2,984.8 | 3,589.5 | — | |
| + Provisions — Current | 4.9 | 9.6 | 68.8 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 13.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 472.3 | -165.5 | -463.9 | -494.9 | |
| + Total Adjustments (incl. Working Capital) | -651.5 | -1,077.4 | 1,330.4 | — | |
| Cash from Operations (pre-tax) | -179.2 | -1,242.9 | 866.5 | — | |
| + Interest Received — Operating | 0.0 | -6.3 | 0.0 | — | |
| + Interest Paid — Operating | 0.0 | 55.3 | 0.0 | — | |
| + Dividends Received — Operating | 0.0 | -9.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -76.6 | 0.0 | — | |
| + Income Taxes Paid | 136.1 | -96.6 | 119.3 | — | |
| Cash from Operating Activities | -315.3 | -1,293.4 | 747.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 180.9 | 286.1 | 212.4 | — | |
| + Disp of Fixed Assets | 6.3 | 166.1 | 125.8 | — | |
| + Disp of Investment Property | 0.0 | -335.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 102.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | -95.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 10.7 | 9.0 | 2.9 | — | |
| + Interest Received — Investing | 14.5 | 8.0 | 39.9 | — | |
| + Other Inflows / (Outflows) — Investing | -279.7 | 0.0 | -441.5 | — | |
| Cash from Investing Activities | -524.1 | -438.0 | -587.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 0.0 | 6.4 | 3.9 | — | |
| + Proceeds from Borrowings | 1,983.5 | 2,532.3 | 2,075.8 | — | |
| + Repayment of Borrowings | 431.2 | 31.1 | 1,466.7 | — | |
| + Payment of Lease Liabilities | 3.2 | 2.8 | 2.4 | — | |
| + Interest Paid | 175.2 | 159.7 | 251.7 | — | |
| + Dividends Paid | 55.4 | 55.3 | 22.2 | — | |
| + Other Inflows / (Outflows) — Financing | -46.4 | -71.4 | -38.0 | — | |
| Cash from Financing Activities | 1,272.2 | 2,218.4 | 298.6 | — | |
| Net Changes in Cash (pre-FX) | 432.7 | 487.0 | 458.1 | — | |
| Net Changes in Cash | 432.7 | 487.0 | 458.1 | — | |
| Closing Cash | 312.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 661.2 | 29.6 | -359.2 | -374.6 | |
| EBITDA Margin % | 14.65 | 2.43 | -88.21 | -83.15 | |
| Free Cash Flow (CFO − Capex) | -496.2 | -1,579.5 | 534.8 | 534.8 | |
| Free Cash Flow to Equity | — | 755.7 | 923.1 | — | |
| Free Cash Flow per Basic Share | -44.43 | -141.42 | 47.89 | 47.89 | |
| Price to Free Cash Flow | — | — | — | 27.90 | |
| Cash Flow to Net Income | -5.22 | 8.22 | -2.21 | — | |
| Cash Paid for Taxes | 136.1 | -96.6 | 119.3 | — | |
| Cash Paid for Interest | 175.2 | 159.7 | 251.7 | — | |