In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | Last 12M 31/12/2025 | |
|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | |||||
| + Depreciation & Amortisation | 26.4 | 30.3 | 34.2 | — | |
| + Finance Costs | 4.4 | 4.1 | 9.0 | — | |
| + Fair Value (Gains) / Losses | — | -3.3 | 0.0 | — | |
| + Share-based Payments | — | 1.9 | 3.8 | — | |
| + Unrealised FX (Gain) / Loss | — | 1.3 | -0.9 | — | |
| + Other Non-cash Items | — | 3.5 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | — | 0.0 | 0.3 | — | |
| + Other Reconciling Items | — | -0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -26.3 | -68.3 | -90.8 | — | |
| + Other Financial Assets — Current | — | 10.1 | -19.9 | — | |
| + Other Current Assets | 2.0 | -1.2 | -15.9 | — | |
| + Other Non-current Assets | — | 0.0 | -0.6 | — | |
| + Trade Payables — Current | 26.6 | -0.9 | 43.9 | — | |
| + Other Financial Liabilities — Current | — | 3.1 | -21.5 | — | |
| + Other Current Liabilities | — | 7.0 | -9.2 | — | |
| + Provisions — Current | — | 12.4 | 18.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 221.6 | 220.4 | 272.0 | 403.9 | |
| + Total Adjustments (incl. Working Capital) | — | 0.1 | -48.8 | — | |
| Cash from Operations (pre-tax) | 214.6 | 220.5 | 223.3 | — | |
| + Interest Received — Operating | — | -22.3 | 0.0 | — | |
| + Income Taxes Paid | 57.4 | 68.8 | 63.4 | — | |
| Cash from Operating Activities | 157.2 | 129.4 | 159.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 13.2 | 5.6 | 13.8 | — | |
| + Disp of Fixed Assets | 0.0 | 0.6 | 0.6 | — | |
| + Acq of Investment Property | — | 44.4 | 82.6 | — | |
| + Disp of Investment Property | — | 68.6 | 202.7 | — | |
| + Purchase of Investments (Equity / Debt) | — | 134.7 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | — | 80.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | — | 6.8 | 1.5 | — | |
| + Loans & Advances Made | — | 0.0 | 128.1 | — | |
| + Interest Received — Investing | 3.0 | 4.1 | 5.2 | — | |
| Cash from Investing Activities | -56.5 | -38.1 | -17.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | — | 0.0 | 2.6 | — | |
| + Proceeds from Exercise of Stock Options | — | 0.4 | 0.0 | — | |
| + Proceeds from Borrowings | — | -2.6 | 0.0 | — | |
| + Repayment of Borrowings | 1.0 | 0.0 | 0.0 | — | |
| + Payment of Lease Liabilities | — | 0.0 | 19.0 | — | |
| + Payment of Finance Lease Liabilities | — | 14.2 | — | — | |
| + Interest Paid | — | 0.0 | 1.2 | — | |
| + Dividends Paid | 6.7 | 23.1 | 0.0 | — | |
| Cash from Financing Activities | -68.8 | -39.5 | -17.6 | — | |
| Net Changes in Cash (pre-FX) | 32.0 | 51.8 | 124.7 | — | |
| + Effect of FX Rate Changes on Cash | — | 3.9 | 5.6 | — | |
| Net Changes in Cash | 32.0 | 55.7 | 130.3 | — | |
| Closing Cash | 13.4 | 69.0 | 199.3 | — | |
| Reference Items | |||||
| EBITDA | 237.7 | 507.9 | 559.7 | 550.7 | |
| EBITDA Margin % | 14.43 | 27.98 | 27.78 | 24.91 | |
| Free Cash Flow (CFO − Capex) | 144.0 | 123.8 | 146.1 | 146.1 | |
| Free Cash Flow to Equity | — | — | 110.0 | — | |
| Free Cash Flow per Basic Share | 52.55 | 45.20 | 53.33 | 53.33 | |
| Cash Flow to Net Income | 0.93 | 0.78 | 0.80 | — | |
| Cash Paid for Taxes | 57.4 | 68.8 | 63.4 | — | |
| Cash Paid for Interest | — | 0.0 | 1.2 | — | |