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 | 310.9 | 293.7 | 338.7 | — | |
| + Interest Income | 0.0 | -7.5 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -6.3 | 2.4 | -61.6 | — | |
| + Other Non-cash Items | -30.2 | 18.7 | -22.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -85.2 | -24.5 | -122.7 | — | |
| + Trade Receivables — Current | 123.5 | -181.1 | 29.2 | — | |
| + Other Current Assets | 17.5 | -2.6 | -38.8 | — | |
| + Trade Payables — Current | 88.1 | 127.6 | 113.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -122.3 | 19.3 | 104.9 | 15.0 | |
| + Total Adjustments (incl. Working Capital) | 418.2 | 226.8 | 235.9 | — | |
| Cash from Operations (pre-tax) | 296.0 | 246.1 | 340.8 | — | |
| + Interest Received — Operating | -13.0 | 0.0 | -18.5 | — | |
| + Interest Paid — Operating | -120.0 | -159.5 | -174.2 | — | |
| + Income Taxes Paid | 19.0 | 30.3 | 5.0 | — | |
| Cash from Operating Activities | 384.0 | 375.2 | 491.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 303.3 | 216.8 | 266.0 | — | |
| + Disp of Fixed Assets | 0.1 | 1.3 | -0.6 | — | |
| + Purchase of Investments (Equity / Debt) | -149.9 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 45.8 | 0.1 | — | |
| + Interest Received — Investing | 12.1 | 2.2 | 9.3 | — | |
| + Other Inflows / (Outflows) — Investing | -88.4 | -24.7 | 11.9 | — | |
| Cash from Investing Activities | -229.5 | -192.2 | -245.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 148.2 | 283.1 | 782.5 | — | |
| + Repayment of Borrowings | 29.0 | 204.3 | 375.8 | — | |
| + Payment of Lease Liabilities | 42.8 | 29.9 | 50.0 | — | |
| + Interest Paid | 98.6 | 151.0 | 156.1 | — | |
| Cash from Financing Activities | -22.2 | -102.1 | 200.6 | — | |
| Net Changes in Cash (pre-FX) | 132.3 | 80.9 | 446.7 | — | |
| + Effect of FX Rate Changes on Cash | 131.8 | -4.0 | 0.0 | — | |
| Net Changes in Cash | 264.1 | 77.0 | 446.7 | — | |
| Closing Cash | 264.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 286.5 | 468.9 | 565.6 | 485.0 | |
| EBITDA Margin % | 10.95 | 17.29 | 19.29 | 16.72 | |
| Free Cash Flow (CFO − Capex) | 80.7 | 158.5 | 225.5 | 225.5 | |
| Free Cash Flow to Equity | — | 127.0 | 760.9 | — | |
| Free Cash Flow per Basic Share | 5.15 | 10.11 | 14.38 | 14.38 | |
| Price to Free Cash Flow | — | — | — | 11.63 | |
| Cash Flow to Net Income | -2.50 | 115.81 | 5.04 | — | |
| Cash Paid for Taxes | 19.0 | 30.3 | 5.0 | — | |
| Cash Paid for Interest | 98.6 | 151.0 | 156.1 | — | |