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 | 166.4 | 172.5 | 177.2 | — | |
| + Finance Costs | 83.6 | 93.5 | 77.2 | — | |
| + Interest Income | -0.2 | -0.2 | -1.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -3.7 | — | |
| + Share-based Payments | 24.0 | 16.1 | 12.9 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 5.4 | — | |
| + Other Non-cash Items | -104.8 | -57.6 | -1.1 | — | |
| + Other Reconciling Items | -25.2 | 6.9 | 5.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -553.1 | -249.9 | -16.2 | — | |
| + Trade Receivables — Current | -0.7 | -17.4 | -36.3 | — | |
| + Other Financial Assets — Current | 3.1 | 0.9 | -1.2 | — | |
| + Other Financial Assets — Non-current | -0.5 | 0.6 | 0.2 | — | |
| + Other Current Assets | 2.5 | 21.8 | -22.4 | — | |
| + Other Non-current Assets | 8.9 | -10.5 | -0.5 | — | |
| + Other Bank Balances | 0.0 | -0.0 | -0.1 | — | |
| + Trade Payables — Current | -35.4 | -0.6 | 7.6 | — | |
| + Other Financial Liabilities — Current | -37.3 | -6.4 | 2.6 | — | |
| + Other Current Liabilities | 17.4 | 3.5 | -14.8 | — | |
| + Provisions — Current | 12.2 | 0.5 | 5.3 | — | |
| + Provisions — Non-current | 0.4 | 0.4 | 0.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 716.1 | 527.1 | 523.7 | 512.6 | |
| + Total Adjustments (incl. Working Capital) | -438.8 | -26.0 | 195.6 | — | |
| Cash from Operations (pre-tax) | 277.4 | 501.1 | 719.3 | — | |
| + Income Taxes Paid | 99.5 | 75.9 | 119.9 | — | |
| Cash from Operating Activities | 177.8 | 425.2 | 599.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 268.3 | 892.4 | 948.5 | — | |
| + Acq of Intangible Assets | 0.5 | 0.1 | 0.2 | — | |
| + Disp of Fixed Assets | 47.9 | 12.2 | 3.2 | — | |
| + Purchase of Investments (Equity / Debt) | 6.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.2 | 0.1 | 0.2 | — | |
| + Other Inflows / (Outflows) — Investing | 1.8 | -0.3 | -1.3 | — | |
| Cash from Investing Activities | -224.8 | -880.4 | -946.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 313.4 | 895.5 | 632.4 | — | |
| + Repayment of Borrowings | 186.1 | 274.8 | 89.0 | — | |
| + Payment of Lease Liabilities | 0.1 | 0.1 | 0.1 | — | |
| + Interest Paid | 83.5 | 100.6 | 124.1 | — | |
| + Dividends Paid | 60.5 | 60.6 | 70.7 | — | |
| + Other Inflows / (Outflows) — Financing | 63.8 | -4.1 | -1.2 | — | |
| Cash from Financing Activities | 47.0 | 455.3 | 347.3 | — | |
| Net Changes in Cash (pre-FX) | 0.0 | 0.0 | 0.1 | — | |
| Net Changes in Cash | 0.0 | 0.0 | 0.1 | — | |
| Closing Cash | 0.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 786.2 | 704.2 | 741.3 | 721.0 | |
| EBITDA Margin % | 14.05 | 13.00 | 11.82 | 11.33 | |
| Free Cash Flow (CFO − Capex) | -90.9 | -467.3 | -349.2 | -349.2 | |
| Free Cash Flow to Equity | — | 50.1 | 69.8 | — | |
| Free Cash Flow per Basic Share | -4.50 | -23.14 | -17.29 | -17.29 | |
| Cash Flow to Net Income | 0.33 | 0.97 | 1.58 | — | |
| Cash Paid for Taxes | 99.5 | 75.9 | 119.9 | — | |
| Cash Paid for Interest | 83.5 | 100.6 | 124.1 | — | |