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 | 265.8 | 258.7 | 290.3 | — | |
| + Finance Costs | 159.3 | 165.8 | 164.9 | — | |
| + Interest Income | -3.1 | -5.9 | -5.4 | — | |
| + Dividend Income | 0.0 | -0.0 | -0.6 | — | |
| + Share-based Payments | 2.5 | 6.0 | 6.0 | — | |
| + Unrealised FX (Gain) / Loss | -2.5 | 0.6 | -13.2 | — | |
| + Other Non-cash Items | 39.4 | -8.3 | -17.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -261.7 | -167.7 | -36.8 | — | |
| + Trade Receivables — Current | -104.8 | -111.9 | -260.6 | — | |
| + Other Financial Assets — Current | 2.9 | -6.4 | -58.6 | — | |
| + Other Financial Assets — Non-current | -0.5 | 10.1 | 14.9 | — | |
| + Other Current Assets | 52.3 | -35.7 | -21.9 | — | |
| + Other Non-current Assets | -0.8 | -0.3 | -0.0 | — | |
| + Trade Payables — Current | 127.0 | 279.7 | 309.2 | — | |
| + Other Financial Liabilities — Current | 9.2 | -4.9 | 33.6 | — | |
| + Other Financial Liabilities — Non-current | -0.0 | 0.0 | -0.0 | — | |
| + Other Current Liabilities | 72.0 | -13.4 | -76.9 | — | |
| + Other Non-current Liabilities | -0.2 | 0.2 | 86.6 | — | |
| + Provisions — Current | 6.9 | -4.3 | 22.3 | — | |
| + Provisions — Non-current | 3.2 | 3.9 | 7.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 463.4 | 494.1 | 588.3 | 600.3 | |
| + Total Adjustments (incl. Working Capital) | 366.9 | 366.1 | 436.8 | — | |
| Cash from Operations (pre-tax) | 830.3 | 860.2 | 1,025.1 | — | |
| + Income Taxes Paid | 133.9 | 97.3 | 158.0 | — | |
| Cash from Operating Activities | 696.4 | 762.9 | 867.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 278.0 | 535.1 | 508.6 | — | |
| + Acq of Intangible Assets | 0.0 | 0.0 | 11.4 | — | |
| + Disp of Fixed Assets | 24.0 | 0.0 | 16.9 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 2.5 | — | |
| + Disp of Investment Property | 1.0 | 52.2 | 19.8 | — | |
| + Purchase of Investments (Equity / Debt) | 27.2 | 0.0 | 120.0 | — | |
| + Sale of Investments (Equity / Debt) | 4.1 | 11.9 | 8.1 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 0.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 28.5 | 0.0 | 0.0 | — | |
| + Investment in Partnership Firms / LLPs | 6.1 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 1.2 | — | |
| + Loans & Advances Repaid | 26.0 | 2.5 | 2.3 | — | |
| + Dividends Received — Investing | 1.5 | 1.0 | 0.0 | — | |
| + Interest Received — Investing | 4.4 | 5.5 | 5.4 | — | |
| + Other Inflows / (Outflows) — Investing | 1.8 | -41.5 | -15.5 | — | |
| Cash from Investing Activities | -276.9 | -503.5 | -606.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 0.2 | 2.1 | 7.4 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 2.6 | — | |
| + Proceeds from Borrowings | 222.3 | 246.1 | 263.8 | — | |
| + Repayment of Borrowings | 302.1 | 196.2 | 199.2 | — | |
| + Payment of Lease Liabilities | 34.2 | 44.2 | 51.7 | — | |
| + Interest Paid | 150.8 | 148.7 | 147.0 | — | |
| + Dividends Paid | 154.2 | 130.0 | 103.9 | — | |
| Cash from Financing Activities | -418.9 | -270.9 | -228.0 | — | |
| Net Changes in Cash (pre-FX) | 0.6 | -11.6 | 32.2 | — | |
| Net Changes in Cash | 0.6 | -11.6 | 32.2 | — | |
| Closing Cash | 57.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 845.2 | 853.4 | 1,004.4 | 1,067.4 | |
| EBITDA Margin % | 10.92 | 10.25 | 10.80 | 10.89 | |
| Free Cash Flow (CFO − Capex) | 418.4 | 227.8 | 347.0 | 347.0 | |
| Free Cash Flow to Equity | — | 129.7 | 265.1 | — | |
| Free Cash Flow per Basic Share | 15.96 | 8.69 | 13.24 | 13.24 | |
| Price to Free Cash Flow | — | — | — | 43.13 | |
| Cash Flow to Net Income | 1.97 | 2.08 | 2.03 | — | |
| Cash Paid for Taxes | 133.9 | 97.3 | 158.0 | — | |
| Cash Paid for Interest | 150.8 | 148.7 | 147.0 | — | |