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 | 97.6 | 128.4 | 178.8 | — | |
| + Finance Costs | 58.1 | 48.8 | 72.1 | — | |
| + Interest Income | -7.5 | -15.0 | -11.5 | — | |
| + Share-based Payments | 0.0 | 3.7 | 7.5 | — | |
| + Unrealised FX (Gain) / Loss | -0.7 | 1.2 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | 12.7 | -44.4 | — | |
| + Other — Cash Effects are Investing / Financing | -14.7 | -33.8 | -21.1 | — | |
| + Other Reconciling Items | 12.5 | -1.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 26.2 | -741.9 | -16.9 | — | |
| + Trade Receivables — Current | -478.9 | -44.4 | -167.3 | — | |
| + Other Financial Assets — Current | -22.1 | -20.4 | 0.0 | — | |
| + Other Financial Assets — Non-current | -5.0 | -8.2 | 0.0 | — | |
| + Other Current Assets | -129.8 | -293.7 | 4.8 | — | |
| + Other Non-current Assets | -25.0 | 0.0 | 66.7 | — | |
| + Other Bank Balances | 0.2 | 2.6 | 0.0 | — | |
| + Trade Payables — Current | 160.5 | 831.6 | -462.2 | — | |
| + Other Financial Liabilities — Current | 2.8 | 12.1 | 0.0 | — | |
| + Other Current Liabilities | 182.5 | 151.3 | -41.2 | — | |
| + Other Non-current Liabilities | 0.0 | 8.7 | 9.3 | — | |
| + Provisions — Current | 7.6 | 36.4 | 22.1 | — | |
| + Provisions — Non-current | 4.5 | 4.8 | 27.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 556.7 | 786.3 | 702.6 | 672.7 | |
| + Total Adjustments (incl. Working Capital) | -131.1 | 83.4 | -376.5 | — | |
| Cash from Operations (pre-tax) | 425.5 | 869.7 | 326.1 | — | |
| + Income Taxes Paid | 136.3 | 181.6 | 172.3 | — | |
| Cash from Operating Activities | 289.2 | 688.1 | 153.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 441.0 | 372.0 | 329.0 | — | |
| + Disp of Fixed Assets | 5.1 | 3.4 | 6.7 | — | |
| + Disp of Investment Property | 0.0 | 19.0 | 0.0 | — | |
| + Government Grants Received | 2.6 | 2.7 | 0.0 | — | |
| + Interest Received — Investing | 9.3 | 12.7 | 9.1 | — | |
| + Other Inflows / (Outflows) — Investing | -100.7 | -129.8 | -45.5 | — | |
| Cash from Investing Activities | -524.6 | -464.0 | -358.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,000.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,677.9 | 968.2 | 2,924.2 | — | |
| + Repayment of Borrowings | 2,093.6 | 925.0 | 2,500.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 28.1 | 50.9 | — | |
| + Payment of Finance Lease Liabilities | 23.5 | — | — | — | |
| + Interest Paid | 63.6 | 32.9 | 51.4 | — | |
| + Dividends Paid | 115.8 | 143.9 | 184.8 | — | |
| + Other Inflows / (Outflows) — Financing | -16.6 | -0.5 | 0.0 | — | |
| Cash from Financing Activities | 364.8 | -162.2 | 137.1 | — | |
| Net Changes in Cash (pre-FX) | 129.4 | 61.9 | -67.8 | — | |
| + Effect of FX Rate Changes on Cash | 227.5 | 0.9 | 5.0 | — | |
| Net Changes in Cash | 356.9 | 62.8 | -62.8 | — | |
| Closing Cash | 357.3 | 420.1 | 357.3 | — | |
| Reference Items | |||||
| EBITDA | 664.9 | 875.9 | 930.4 | 905.4 | |
| EBITDA Margin % | 6.87 | 7.32 | 7.50 | 7.07 | |
| Free Cash Flow (CFO − Capex) | -151.7 | 316.0 | -175.2 | -175.2 | |
| Free Cash Flow to Equity | — | 315.9 | 200.8 | — | |
| Free Cash Flow per Basic Share | -7.38 | 15.37 | -8.52 | -8.52 | |
| Cash Flow to Net Income | 0.70 | 1.16 | 0.29 | — | |
| Cash Paid for Taxes | 136.3 | 181.6 | 172.3 | — | |
| Cash Paid for Interest | 63.6 | 32.9 | 51.4 | — | |