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 | 114.3 | 113.3 | 116.4 | — | |
| + Finance Costs | 116.4 | 119.7 | 133.6 | — | |
| + Interest Income | -0.4 | -1.5 | -2.7 | — | |
| + Share-based Payments | 0.3 | 0.2 | 0.1 | — | |
| + Unrealised FX (Gain) / Loss | -3.4 | -5.0 | -59.0 | — | |
| + Other Non-cash Items | 64.6 | 27.6 | 25.4 | — | |
| + Other — Cash Effects are Investing / Financing | -5.9 | 0.3 | -0.1 | — | |
| + Other Reconciling Items | -18.4 | -0.7 | -0.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | 114.9 | 36.7 | -113.3 | — | |
| + Trade Receivables — Current | 11.8 | -183.9 | -590.2 | — | |
| + Other Financial Assets — Current | 169.4 | -41.9 | 0.1 | — | |
| + Other Financial Assets — Non-current | -17.1 | 11.9 | -19.9 | — | |
| + Other Current Assets | -88.3 | -101.6 | -101.7 | — | |
| + Other Non-current Assets | 23.2 | -32.5 | 2.0 | — | |
| + Other Bank Balances | 1.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -460.3 | -166.5 | 237.8 | — | |
| + Other Financial Liabilities — Current | 72.3 | 40.1 | 55.2 | — | |
| + Other Financial Liabilities — Non-current | 0.2 | 4.5 | 88.8 | — | |
| + Other Current Liabilities | -115.6 | -62.9 | 98.3 | — | |
| + Other Non-current Liabilities | -1.1 | -11.7 | 5.8 | — | |
| + Provisions — Current | -2.8 | -20.7 | -3.5 | — | |
| + Provisions — Non-current | -20.6 | -22.5 | -1.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 156.4 | 211.1 | 239.2 | 255.1 | |
| + Total Adjustments (incl. Working Capital) | -45.6 | -296.4 | -128.5 | — | |
| Cash from Operations (pre-tax) | 110.8 | -85.2 | 110.7 | — | |
| + Interest Paid — Operating | -23.5 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 0.0 | 2.4 | 26.8 | — | |
| Cash from Operating Activities | 134.3 | -87.6 | 83.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 32.8 | 8.1 | 50.6 | — | |
| + Acq of Intangible Assets | 17.9 | 36.3 | 18.5 | — | |
| + Disp of Fixed Assets | 55.4 | 3.3 | -3.1 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 9.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 5.4 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -5.5 | 5.9 | — | |
| Cash from Investing Activities | -0.7 | -46.6 | -56.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.3 | 51.3 | 251.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 83.3 | 0.0 | — | |
| + Proceeds from Borrowings | 81.5 | 650.1 | 184.2 | — | |
| + Repayment of Borrowings | 36.2 | 393.7 | 10.9 | — | |
| + Payment of Lease Liabilities | 59.3 | 54.1 | 77.3 | — | |
| + Interest Paid | 141.3 | 144.7 | 133.6 | — | |
| + Dividends Paid | 0.0 | 0.0 | 16.8 | — | |
| Cash from Financing Activities | -155.0 | 192.2 | 196.6 | — | |
| Net Changes in Cash (pre-FX) | -21.4 | 58.0 | 223.7 | — | |
| + Effect of FX Rate Changes on Cash | 30.0 | -58.3 | 90.2 | — | |
| Net Changes in Cash | 8.6 | -0.3 | 313.9 | — | |
| Closing Cash | 214.1 | 213.8 | — | — | |
| Reference Items | |||||
| EBITDA | 432.5 | 529.8 | 570.0 | 613.7 | |
| EBITDA Margin % | 6.88 | 8.88 | 9.02 | 9.22 | |
| Free Cash Flow (CFO − Capex) | 83.6 | -132.0 | 14.9 | 14.9 | |
| Free Cash Flow to Equity | — | -20.3 | 54.6 | — | |
| Free Cash Flow per Basic Share | 4.71 | -7.44 | 0.84 | 0.84 | |
| Price to Free Cash Flow | — | — | — | 895.38 | |
| Cash Flow to Net Income | 0.98 | -0.43 | 0.39 | — | |
| Cash Paid for Taxes | 0.0 | 2.4 | 26.8 | — | |
| Cash Paid for Interest | 141.3 | 144.7 | 133.6 | — | |