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 | 94.7 | 137.2 | 182.1 | — | |
| + Impairment Loss / (Reversal) | 11.1 | 0.0 | 0.0 | — | |
| + Finance Costs | 30.8 | 69.0 | 113.5 | — | |
| + Interest Income | -25.6 | -4.7 | -7.2 | — | |
| + Unrealised FX (Gain) / Loss | 15.3 | 11.0 | 40.9 | — | |
| + Other Non-cash Items | -0.3 | 15.4 | 2.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -116.6 | -341.0 | -100.5 | — | |
| + Trade Receivables — Current | -26.8 | -88.5 | -119.7 | — | |
| + Other Financial Assets — Current | -82.6 | -38.8 | -9.0 | — | |
| + Other Current Assets | 0.9 | -2.8 | 6.3 | — | |
| + Trade Payables — Current | 11.8 | 67.1 | 45.9 | — | |
| + Other Financial Liabilities — Current | 8.0 | 11.1 | 18.9 | — | |
| + Other Current Liabilities | 4.3 | -6.1 | 23.2 | — | |
| + Provisions — Current | 1.0 | 0.5 | 4.1 | — | |
| + Provisions — Non-current | 4.3 | 0.8 | -0.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 439.2 | 277.3 | 357.4 | 402.5 | |
| + Total Adjustments (incl. Working Capital) | -69.7 | -169.9 | 200.7 | — | |
| Cash from Operations (pre-tax) | 369.4 | 107.4 | 558.1 | — | |
| + Income Taxes Paid | 117.7 | 110.1 | 101.1 | — | |
| Cash from Operating Activities | 251.7 | -2.7 | 457.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 850.1 | 665.3 | 411.8 | — | |
| + Disp of Fixed Assets | 5.5 | 1.8 | 2.2 | — | |
| + Acq of Other Long-term Assets | 0.0 | 26.4 | 0.0 | — | |
| + Disp of Other Long-term Assets | 245.5 | 7.7 | 0.0 | — | |
| + Interest Received — Investing | 31.5 | 4.2 | 5.2 | — | |
| + Other Inflows / (Outflows) — Investing | -10.6 | 0.0 | -20.6 | — | |
| Cash from Investing Activities | -578.1 | -678.1 | -424.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 517.6 | 753.0 | 104.9 | — | |
| + Repayment of Borrowings | 112.7 | 0.0 | 1.6 | — | |
| + Payment of Lease Liabilities | 2.3 | 2.9 | 3.7 | — | |
| + Interest Paid | 27.4 | 67.6 | 99.6 | — | |
| + Dividends Paid | 22.2 | 22.2 | 22.2 | — | |
| Cash from Financing Activities | 353.0 | 660.3 | -22.1 | — | |
| Net Changes in Cash (pre-FX) | 26.6 | -20.5 | 10.0 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.0 | — | |
| Net Changes in Cash | 26.6 | -20.5 | 10.0 | — | |
| Closing Cash | 40.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 520.8 | 486.6 | 650.4 | 720.0 | |
| EBITDA Margin % | 13.40 | 10.75 | 12.05 | 12.44 | |
| Free Cash Flow (CFO − Capex) | -598.4 | -668.1 | 45.3 | 45.3 | |
| Free Cash Flow to Equity | — | 19.7 | 102.0 | — | |
| Free Cash Flow per Basic Share | -26.89 | -30.02 | 2.03 | 2.03 | |
| Price to Free Cash Flow | — | — | — | 361.34 | |
| Cash Flow to Net Income | 0.77 | -0.01 | 1.70 | — | |
| Cash Paid for Taxes | 117.7 | 110.1 | 101.1 | — | |
| Cash Paid for Interest | 27.4 | 67.6 | 99.6 | — | |