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 | 249.2 | 255.7 | 289.7 | — | |
| + Finance Costs | 151.9 | 155.8 | 170.5 | — | |
| + Interest Income | 16.3 | -21.5 | -14.7 | — | |
| + Share-based Payments | 4.2 | 1.9 | 6.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | -0.6 | 2.3 | — | |
| + Other Non-cash Items | 28.8 | 0.0 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -114.3 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 19.1 | -8.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | 69.6 | -189.3 | -307.6 | — | |
| + Trade Receivables — Current | -93.5 | -92.4 | -23.0 | — | |
| + Other Financial Assets — Current | -15.3 | -22.6 | -32.4 | — | |
| + Other Current Assets | 88.4 | 22.2 | -112.8 | — | |
| + Trade Payables — Current | -58.7 | 233.6 | 206.1 | — | |
| + Other Financial Liabilities — Current | 20.9 | 6.7 | -9.8 | — | |
| + Other Current Liabilities | -17.3 | -22.0 | 10.6 | — | |
| + Provisions — Current | 2.8 | 2.5 | 10.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 163.8 | 225.1 | 261.9 | 263.1 | |
| + Total Adjustments (incl. Working Capital) | 333.0 | 349.2 | 186.9 | — | |
| Cash from Operations (pre-tax) | 496.8 | 574.3 | 448.8 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -1.4 | -1.2 | — | |
| + Income Taxes Paid | 62.7 | 43.3 | 43.3 | — | |
| Cash from Operating Activities | 434.2 | 529.5 | 404.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 82.3 | 95.8 | 109.0 | — | |
| + Disp of Fixed Assets | 2.2 | 4.6 | 0.6 | — | |
| + Disp of Subsidiaries / Businesses (net) | 94.5 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.4 | -1.1 | — | |
| + Interest Received — Investing | 9.3 | 14.9 | 7.3 | — | |
| + Other Inflows / (Outflows) — Investing | 8.2 | 1.5 | 1.5 | — | |
| Cash from Investing Activities | 31.9 | -75.2 | -98.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2.3 | 5.3 | 9.8 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 135.0 | — | |
| + Proceeds from Borrowings | 0.0 | 20.0 | 163.9 | — | |
| + Repayment of Borrowings | 131.6 | 96.5 | 22.1 | — | |
| + Payment of Lease Liabilities | 0.0 | 240.8 | 266.3 | — | |
| + Payment of Finance Lease Liabilities | 221.6 | — | — | — | |
| + Interest Paid | 77.9 | 77.3 | 84.9 | — | |
| + Dividends Paid | 13.3 | 66.7 | 71.4 | — | |
| + Other Inflows / (Outflows) — Financing | -49.3 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -491.2 | -456.0 | -406.0 | — | |
| Net Changes in Cash (pre-FX) | -25.2 | -1.7 | -100.1 | — | |
| Net Changes in Cash | -25.2 | -1.7 | -100.1 | — | |
| Closing Cash | 152.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 510.5 | 602.0 | 704.6 | 730.7 | |
| EBITDA Margin % | 11.99 | 13.03 | 13.38 | 13.44 | |
| Free Cash Flow (CFO − Capex) | 351.9 | 433.7 | 295.4 | 295.4 | |
| Free Cash Flow to Equity | — | 279.9 | 352.3 | — | |
| Free Cash Flow per Basic Share | 26.33 | 32.45 | 22.10 | 22.10 | |
| Price to Free Cash Flow | — | — | — | 20.43 | |
| Cash Flow to Net Income | 3.17 | 16.06 | 2.20 | — | |
| Cash Paid for Taxes | 62.7 | 43.3 | 43.3 | — | |
| Cash Paid for Interest | 77.9 | 77.3 | 84.9 | — | |