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 | 848.2 | 873.6 | 970.9 | — | |
| + Finance Costs | 491.2 | 417.5 | 323.3 | — | |
| + Interest Income | -76.0 | -69.1 | -63.3 | — | |
| + Dividend Income | -0.6 | -0.8 | -0.9 | — | |
| + Fair Value (Gains) / Losses | -19.8 | 0.0 | 0.0 | — | |
| + Share-based Payments | 9.0 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -24.9 | -36.4 | 63.6 | — | |
| + Other Non-cash Items | -6.3 | 157.1 | 40.5 | — | |
| + Other — Cash Effects are Investing / Financing | -61.1 | -54.3 | -55.7 | — | |
| + Other Reconciling Items | 13.1 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -85.6 | -383.8 | -387.9 | — | |
| + Trade Receivables — Current | -108.1 | 251.0 | -709.0 | — | |
| + Other Financial Assets — Current | 38.7 | 5.7 | -272.5 | — | |
| + Other Current Assets | -207.2 | -228.0 | 156.6 | — | |
| + Trade Payables — Current | 129.4 | 91.0 | 442.0 | — | |
| + Other Financial Liabilities — Current | -12.3 | 15.3 | 6.2 | — | |
| + Other Current Liabilities | -249.3 | -158.5 | -231.5 | — | |
| + Provisions — Current | 70.8 | 61.4 | 92.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,433.7 | 1,459.5 | 1,676.6 | 1,318.0 | |
| + Total Adjustments (incl. Working Capital) | 749.2 | 941.8 | 374.6 | — | |
| Cash from Operations (pre-tax) | 2,182.9 | 2,401.4 | 2,051.3 | — | |
| + Income Taxes Paid | 518.5 | 605.0 | 564.6 | — | |
| Cash from Operating Activities | 1,664.4 | 1,796.3 | 1,486.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,524.0 | 1,450.5 | 1,140.5 | — | |
| + Disp of Fixed Assets | 23.7 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 54.1 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 6.5 | 27.4 | — | |
| + Purchase of Investments (Equity / Debt) | 10,703.9 | 14,238.2 | 12,540.7 | — | |
| + Sale of Investments (Equity / Debt) | 11,588.8 | 13,689.7 | 13,090.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 53.3 | 30.3 | 498.6 | — | |
| + Loans & Advances Made | 6.6 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 4.2 | 0.0 | — | |
| + Dividends Received — Investing | 0.6 | 0.8 | 0.9 | — | |
| + Interest Received — Investing | 62.1 | 53.4 | 27.9 | — | |
| Cash from Investing Activities | -666.7 | -1,964.3 | -1,033.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 1,650.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 300.0 | — | |
| + Proceeds from Borrowings | 9,519.5 | 8,851.4 | 14,283.3 | — | |
| + Repayment of Borrowings | 8,801.2 | 10,094.2 | 14,205.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 51.6 | 65.5 | — | |
| + Payment of Finance Lease Liabilities | 51.3 | — | — | — | |
| + Interest Paid | 489.6 | 472.9 | 375.2 | — | |
| + Dividends Paid | 380.1 | 422.1 | 379.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -30.3 | 0.0 | — | |
| Cash from Financing Activities | -202.7 | -569.7 | -442.0 | — | |
| Net Changes in Cash (pre-FX) | 795.0 | -737.7 | 11.6 | — | |
| + Effect of FX Rate Changes on Cash | 11.6 | 43.4 | 215.2 | — | |
| Net Changes in Cash | 806.6 | -694.3 | 226.9 | — | |
| Closing Cash | 1,315.3 | — | 627.4 | — | |
| Reference Items | |||||
| EBITDA | 2,557.9 | 2,693.9 | 2,926.7 | 2,963.2 | |
| EBITDA Margin % | 16.31 | 17.81 | 17.41 | 16.89 | |
| Free Cash Flow (CFO − Capex) | 140.4 | 345.9 | 346.1 | 346.1 | |
| Free Cash Flow to Equity | — | -1,360.7 | 557.1 | — | |
| Free Cash Flow per Basic Share | 2.94 | 7.23 | 7.24 | 7.24 | |
| Price to Free Cash Flow | — | — | — | 268.80 | |
| Cash Flow to Net Income | 1.83 | 1.97 | 1.36 | — | |
| Cash Paid for Taxes | 518.5 | 605.0 | 564.6 | — | |
| Cash Paid for Interest | 489.6 | 472.9 | 375.2 | — | |