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 | 196.0 | 275.8 | 383.9 | — | |
| + Share-based Payments | 9.1 | 6.1 | 14.3 | — | |
| + Other Non-cash Items | 1.7 | -25.8 | -55.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -25.1 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 0.2 | 0.1 | -0.6 | — | |
| + Trade Receivables — Current | -28.1 | -49.9 | -22.7 | — | |
| + Other Financial Assets — Current | -50.0 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | -25.2 | -170.3 | 0.0 | — | |
| + Other Current Assets | -45.9 | -26.8 | -35.1 | — | |
| + Other Non-current Assets | -2.3 | 0.0 | -71.4 | — | |
| + Trade Payables — Current | 62.1 | 65.1 | 97.4 | — | |
| + Other Financial Liabilities — Current | 60.0 | 107.9 | 95.3 | — | |
| + Other Financial Liabilities — Non-current | -10.2 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 23.1 | 21.2 | 11.6 | — | |
| + Other Non-current Liabilities | 6.4 | 0.0 | 0.0 | — | |
| + Provisions — Current | 2.5 | 3.1 | 0.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -17.6 | 68.8 | 72.3 | 86.3 | |
| + Total Adjustments (incl. Working Capital) | 199.6 | 181.3 | 417.9 | — | |
| Cash from Operations (pre-tax) | 182.1 | 250.1 | 490.2 | — | |
| + Interest Received — Operating | -23.7 | -20.5 | -20.3 | — | |
| + Interest Paid — Operating | -91.8 | -135.3 | -185.5 | — | |
| + Income Taxes Paid | 21.7 | 2.3 | 39.2 | — | |
| Cash from Operating Activities | 228.4 | 362.6 | 616.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 143.9 | 198.8 | 208.4 | — | |
| + Acq of Intangible Assets | 1.0 | 0.7 | 2.1 | — | |
| + Acq of Intangibles under Development | 0.1 | 0.0 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 27.5 | 0.0 | — | |
| + Loans & Advances Repaid | 0.5 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 3.9 | 6.0 | 5.0 | — | |
| + Other Inflows / (Outflows) — Investing | -21.3 | -37.2 | -14.0 | — | |
| Cash from Investing Activities | -162.0 | -203.1 | -219.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 84.3 | 134.4 | 8.1 | — | |
| + Proceeds from Other Equity Instruments | 254.4 | 0.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 217.7 | 0.0 | 0.0 | — | |
| + Payments for Other Equity Instruments | 32.3 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 35.0 | 0.0 | 51.0 | — | |
| + Repayment of Borrowings | 10.9 | 8.9 | 23.8 | — | |
| + Payment of Lease Liabilities | 93.8 | 246.2 | 412.2 | — | |
| + Interest Paid | 83.5 | 3.1 | 3.4 | — | |
| Cash from Financing Activities | -64.5 | -123.9 | -380.3 | — | |
| Net Changes in Cash (pre-FX) | 1.8 | 35.5 | 16.5 | — | |
| Net Changes in Cash | 1.8 | 35.5 | 16.5 | — | |
| Closing Cash | 4.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 245.4 | 402.4 | 549.8 | 585.5 | |
| EBITDA Margin % | 28.91 | 33.32 | 36.81 | 36.97 | |
| Free Cash Flow (CFO − Capex) | 83.5 | 163.1 | 405.8 | 405.8 | |
| Free Cash Flow to Equity | — | 151.2 | 429.9 | — | |
| Free Cash Flow per Basic Share | 11.67 | 22.80 | 56.72 | 56.72 | |
| Price to Free Cash Flow | — | — | — | 4.38 | |
| Cash Flow to Net Income | -13.00 | 5.34 | 8.70 | — | |
| Cash Paid for Taxes | 21.7 | 2.3 | 39.2 | — | |
| Cash Paid for Interest | 83.5 | 3.1 | 3.4 | — | |