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 | 575.6 | 568.7 | 528.5 | — | |
| + Finance Costs | 371.7 | 327.1 | 264.5 | — | |
| + Interest Income | -15.8 | 0.0 | 0.0 | — | |
| + Dividend Income | -3.4 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -1.5 | 1.0 | 0.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 4.1 | -5.6 | — | |
| + Other Non-cash Items | 3.3 | 39.1 | 56.5 | — | |
| + Other — Cash Effects are Investing / Financing | -17.5 | -50.0 | -75.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | 97.2 | -2.4 | -136.6 | — | |
| + Trade Receivables — Current | -91.6 | 74.9 | 22.3 | — | |
| + Other Financial Assets — Current | -29.2 | 323.8 | -189.3 | — | |
| + Other Financial Assets — Non-current | -64.8 | 3.6 | -8.7 | — | |
| + Other Current Assets | 140.9 | 22.8 | -29.4 | — | |
| + Other Non-current Assets | 21.8 | -3.9 | 3.2 | — | |
| + Trade Payables — Current | -36.9 | 19.8 | 34.4 | — | |
| + Other Financial Liabilities — Current | 91.9 | 79.3 | -51.6 | — | |
| + Other Financial Liabilities — Non-current | 20.3 | -17.6 | 9.3 | — | |
| + Other Current Liabilities | 44.8 | -0.4 | -95.2 | — | |
| + Other Non-current Liabilities | -6.6 | -5.9 | 1.7 | — | |
| + Provisions — Current | 30.4 | -23.6 | 3.1 | — | |
| + Provisions — Non-current | -16.1 | 3.6 | 25.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 579.9 | 377.9 | 768.5 | 746.9 | |
| + Total Adjustments (incl. Working Capital) | 1,114.6 | 1,364.0 | 357.5 | — | |
| Cash from Operations (pre-tax) | 1,694.5 | 1,741.8 | 1,126.1 | — | |
| + Income Taxes Paid | 75.1 | 72.3 | 175.6 | — | |
| Cash from Operating Activities | 1,619.5 | 1,669.5 | 950.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 529.4 | 445.3 | 469.0 | — | |
| + Disp of Fixed Assets | 3.9 | 1.7 | 1.7 | — | |
| + Purchase of Investments (Equity / Debt) | 392.9 | 571.6 | 1,312.9 | — | |
| + Sale of Investments (Equity / Debt) | 287.6 | 485.5 | 975.2 | — | |
| + Acq of Subsidiaries / Businesses (net) | 51.6 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 24.0 | 100.0 | 25.0 | — | |
| + Dividends Received — Investing | 3.4 | 3.7 | 2.5 | — | |
| + Interest Received — Investing | 12.0 | 22.3 | 36.0 | — | |
| + Other Inflows / (Outflows) — Investing | -9.0 | -282.0 | 295.4 | — | |
| Cash from Investing Activities | -700.1 | -885.7 | -496.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 62.4 | 310.9 | 548.4 | — | |
| + Repayment of Borrowings | 643.3 | 719.6 | 638.6 | — | |
| + Payment of Lease Liabilities | 0.0 | 21.6 | 22.2 | — | |
| + Payment of Finance Lease Liabilities | 18.9 | — | — | — | |
| + Interest Paid | 350.1 | 315.4 | 253.2 | — | |
| + Dividends Paid | 19.3 | 77.0 | 77.0 | — | |
| Cash from Financing Activities | -969.1 | -822.7 | -442.6 | — | |
| Net Changes in Cash (pre-FX) | -49.7 | -38.9 | 11.8 | — | |
| Net Changes in Cash | -49.7 | -38.9 | 11.8 | — | |
| Closing Cash | 156.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,437.6 | 1,217.2 | 1,454.4 | 1,450.0 | |
| EBITDA Margin % | 14.88 | 13.21 | 15.06 | 14.72 | |
| Free Cash Flow (CFO − Capex) | 1,090.1 | 1,224.2 | 481.4 | 481.4 | |
| Free Cash Flow to Equity | — | 502.4 | 140.2 | — | |
| Free Cash Flow per Basic Share | 141.55 | 158.97 | 62.52 | 62.52 | |
| Price to Free Cash Flow | — | — | — | 13.41 | |
| Cash Flow to Net Income | 3.85 | 5.66 | 1.70 | — | |
| Cash Paid for Taxes | 75.1 | 72.3 | 175.6 | — | |
| Cash Paid for Interest | 350.1 | 315.4 | 253.2 | — | |