In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 127.0 | 130.8 | 136.3 | |
| + Finance Costs | 50.1 | 63.1 | 63.4 | |
| + Interest Income | 0.0 | -22.0 | -46.6 | |
| + Dividend Income | 0.0 | -2.9 | -2.9 | |
| + Other Non-cash Items | 0.1 | — | 0.0 | |
| + Other — Cash Effects are Investing / Financing | -44.3 | — | 0.0 | |
| + Other Reconciling Items | -16.4 | — | 0.0 | |
| Changes in Working Capital | ||||
| + Inventories | -735.7 | 116.3 | -46.2 | |
| + Trade Receivables — Current | -30.4 | 24.8 | 0.0 | |
| + Trade Receivables — Non-current | 0.0 | — | -59.4 | |
| + Other Financial Assets — Non-current | 0.0 | — | -20.7 | |
| + Trade Payables — Current | 150.9 | -188.5 | -54.0 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 363.4 | — | 319.5 | |
| + Total Adjustments (incl. Working Capital) | -498.8 | — | -30.1 | |
| Cash from Operations (pre-tax) | -135.4 | 451.3 | 289.5 | |
| + Interest Received — Operating | -19.8 | — | 0.0 | |
| + Dividends Received — Operating | -2.9 | — | 0.0 | |
| + Income Taxes Paid | 81.3 | — | 70.1 | |
| Cash from Operating Activities | -239.3 | 450.5 | 219.4 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 366.3 | 141.8 | 124.4 | |
| + Disp of Investment Property | 105.0 | — | 0.0 | |
| + Acq of Goodwill | 18.7 | — | 0.0 | |
| + Disp of Other Long-term Assets | 0.0 | — | -767.3 | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | — | 9.0 | |
| + Dividends Received — Investing | 2.9 | — | 2.9 | |
| + Interest Received — Investing | 19.8 | — | 46.6 | |
| Cash from Investing Activities | -257.4 | -108.1 | -851.2 | |
| Cash from Financing Activities | ||||
| + Proceeds from Issue of Shares | 0.0 | — | 18.0 | |
| + Proceeds from Borrowings | 976.1 | — | 749.8 | |
| + Repayment of Borrowings | 0.0 | — | 3.2 | |
| + Interest Paid | 36.1 | — | 51.9 | |
| + Dividends Paid | 38.5 | — | 48.6 | |
| Cash from Financing Activities | 901.5 | -479.7 | 664.1 | |
| Net Changes in Cash (pre-FX) | 404.9 | — | 32.3 | |
| Net Changes in Cash | 404.9 | -137.3 | 32.3 | |
| Closing Cash | 404.9 | 333.3 | — | |
| Reference Items | ||||
| EBITDA | 411.9 | — | 425.5 | |
| EBITDA Margin % | 14.20 | — | 11.76 | |
| Free Cash Flow (CFO − Capex) | -605.6 | 308.7 | 95.1 | |
| Free Cash Flow per Basic Share | -74.82 | 38.13 | 11.74 | |
| Cash Flow to Net Income | -0.88 | — | 0.93 | |
| Cash Paid for Taxes | 81.3 | — | 70.1 | |
| Cash Paid for Interest | 36.1 | — | 51.9 | |