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 | 277.7 | 347.5 | 443.9 | — | |
| + Finance Costs | 173.5 | 213.5 | 300.6 | — | |
| + Interest Income | -3.0 | -10.0 | -2.1 | — | |
| + Unrealised FX (Gain) / Loss | -10.4 | -8.3 | -12.4 | — | |
| + Other Non-cash Items | 0.0 | -26.7 | -51.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -208.8 | -143.5 | -410.6 | — | |
| + Trade Receivables — Current | -31.0 | -161.7 | -175.6 | — | |
| + Other Financial Assets — Current | 0.0 | 7.1 | -8.5 | — | |
| + Other Financial Assets — Non-current | -16.6 | 0.0 | 0.0 | — | |
| + Other Current Assets | -5.7 | -74.6 | -66.2 | — | |
| + Trade Payables — Current | 90.7 | 101.5 | 118.0 | — | |
| + Other Financial Liabilities — Current | -8.7 | -166.1 | -60.3 | — | |
| + Other Current Liabilities | -12.5 | 18.5 | 19.5 | — | |
| + Provisions — Current | 0.1 | -9.0 | -14.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 443.8 | 268.7 | 533.2 | 640.1 | |
| + Total Adjustments (incl. Working Capital) | 217.0 | 88.3 | 79.9 | — | |
| Cash from Operations (pre-tax) | 660.9 | 357.0 | 613.0 | — | |
| + Income Taxes Paid | 147.5 | 73.6 | 91.4 | — | |
| Cash from Operating Activities | 513.3 | 283.3 | 521.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 631.0 | 991.6 | 1,188.4 | — | |
| + Disp of Fixed Assets | 2.9 | 2.3 | 19.8 | — | |
| + Disp of Investment Property | -0.2 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 666.5 | 3.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 145.9 | — | |
| + Interest Received — Investing | 2.3 | 12.7 | 4.8 | — | |
| Cash from Investing Activities | -625.9 | -1,643.1 | -1,313.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 1,180.2 | 0.0 | — | |
| + Proceeds from Borrowings | 393.8 | 507.0 | 1,286.4 | — | |
| + Payment of Lease Liabilities | 50.0 | 56.1 | 135.4 | — | |
| + Interest Paid | 171.8 | 213.9 | 311.7 | — | |
| + Dividends Paid | 23.8 | 23.8 | 11.9 | — | |
| Cash from Financing Activities | 148.2 | 1,393.4 | 827.5 | — | |
| Net Changes in Cash (pre-FX) | 35.6 | 33.7 | 36.0 | — | |
| + Effect of FX Rate Changes on Cash | 0.6 | 0.2 | 11.4 | — | |
| Net Changes in Cash | 36.2 | 33.9 | 47.4 | — | |
| Closing Cash | 63.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 878.8 | 832.7 | 1,237.6 | 1,356.5 | |
| EBITDA Margin % | 19.74 | 14.63 | 15.34 | 15.56 | |
| Free Cash Flow (CFO − Capex) | -117.7 | -708.3 | -666.7 | -666.7 | |
| Free Cash Flow to Equity | — | -414.4 | 308.0 | — | |
| Free Cash Flow per Basic Share | -49.33 | -296.84 | -279.41 | -279.41 | |
| Cash Flow to Net Income | 1.52 | 1.41 | 1.36 | — | |
| Cash Paid for Taxes | 147.5 | 73.6 | 91.4 | — | |
| Cash Paid for Interest | 171.8 | 213.9 | 311.7 | — | |