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 | 138.4 | 178.8 | 230.0 | — | |
| + Finance Costs | 196.7 | 159.1 | 180.5 | — | |
| + Interest Income | -11.1 | -15.3 | -23.4 | — | |
| + Share-based Payments | 10.0 | 6.8 | 7.5 | — | |
| + Unrealised FX (Gain) / Loss | 1.4 | 2.0 | 3.1 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -11.6 | -7.3 | — | |
| + Other Reconciling Items | 3.4 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -131.3 | -88.8 | 363.2 | — | |
| + Trade Receivables — Current | -104.9 | -39.3 | -67.9 | — | |
| + Trade Payables — Current | 372.9 | 411.0 | -294.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 269.4 | 434.3 | 818.7 | 682.6 | |
| + Total Adjustments (incl. Working Capital) | 475.4 | 602.7 | 391.2 | — | |
| Cash from Operations (pre-tax) | 744.8 | 1,037.1 | 1,209.8 | — | |
| + Income Taxes Paid | 55.3 | 86.7 | 143.0 | — | |
| Cash from Operating Activities | 689.4 | 950.4 | 1,066.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 436.2 | 969.1 | 338.4 | — | |
| + Disp of Fixed Assets | 8.5 | 5.2 | 0.8 | — | |
| + Acq of Investment Property | 223.4 | 382.0 | 211.2 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | -0.7 | — | |
| + Interest Received — Investing | 19.9 | 11.5 | 39.0 | — | |
| + Other Inflows / (Outflows) — Investing | -3.6 | -51.0 | -64.9 | — | |
| Cash from Investing Activities | -634.9 | -1,385.4 | -575.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 13.5 | 990.3 | 20.5 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 75.0 | 0.0 | — | |
| + Proceeds from Borrowings | 484.8 | 661.7 | 1,430.7 | — | |
| + Repayment of Borrowings | 446.8 | 997.4 | 1,493.1 | — | |
| + Payment of Finance Lease Liabilities | 9.8 | — | — | — | |
| + Interest Paid | 174.6 | 138.7 | 193.1 | — | |
| + Dividends Paid | 0.0 | 0.0 | 21.7 | — | |
| + Other Inflows / (Outflows) — Financing | 25.0 | -95.3 | -209.8 | — | |
| Cash from Financing Activities | -107.8 | 495.6 | -466.5 | — | |
| Net Changes in Cash (pre-FX) | -53.2 | 60.6 | 25.0 | — | |
| Net Changes in Cash | -53.2 | 60.6 | 25.0 | — | |
| Closing Cash | -2.9 | 88.1 | — | — | |
| Reference Items | |||||
| EBITDA | 584.6 | 735.9 | 1,187.4 | 1,064.1 | |
| EBITDA Margin % | 41.25 | 42.84 | 42.87 | 44.57 | |
| Free Cash Flow (CFO − Capex) | 253.2 | -18.7 | 728.5 | 728.5 | |
| Free Cash Flow to Equity | — | -553.4 | 305.1 | — | |
| Free Cash Flow per Basic Share | 11.56 | -0.86 | 33.27 | 33.27 | |
| Price to Free Cash Flow | — | — | — | 26.16 | |
| Cash Flow to Net Income | 2.48 | 6.67 | 1.65 | — | |
| Cash Paid for Taxes | 55.3 | 86.7 | 143.0 | — | |
| Cash Paid for Interest | 174.6 | 138.7 | 193.1 | — | |