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 | 105.7 | 126.7 | 156.2 | — | |
| + Finance Costs | 105.0 | 108.4 | 150.2 | — | |
| + Interest Income | -8.7 | 0.0 | -1.0 | — | |
| + Other Non-cash Items | -1.4 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -195.7 | -272.9 | -10.5 | — | |
| + Trade Receivables — Current | -43.0 | 4.0 | 18.9 | — | |
| + Other Financial Assets — Current | -1.2 | 0.0 | -1.7 | — | |
| + Other Financial Assets — Non-current | 0.0 | -9.9 | 0.0 | — | |
| + Other Current Assets | -16.6 | -2.0 | 25.9 | — | |
| + Other Non-current Assets | 0.0 | -2.2 | -10.0 | — | |
| + Trade Payables — Current | 18.4 | 61.2 | 9.8 | — | |
| + Other Financial Liabilities — Current | -5.7 | 2.6 | 5.3 | — | |
| + Other Current Liabilities | 25.7 | 0.0 | -0.0 | — | |
| + Other Non-current Liabilities | 0.0 | -0.1 | 0.0 | — | |
| + Provisions — Current | 1.6 | 4.6 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.8 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 246.2 | 215.5 | 143.4 | 276.6 | |
| + Total Adjustments (incl. Working Capital) | -16.0 | 21.2 | 343.1 | — | |
| Cash from Operations (pre-tax) | 230.1 | 236.6 | 486.5 | — | |
| + Income Taxes Paid | 70.3 | 60.8 | 42.8 | — | |
| Cash from Operating Activities | 159.8 | 175.8 | 443.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 161.9 | 323.7 | 123.7 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.9 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 8.0 | — | |
| + Interest Received — Investing | 9.6 | 3.9 | 1.1 | — | |
| + Other Inflows / (Outflows) — Investing | 35.4 | -12.1 | -11.6 | — | |
| Cash from Investing Activities | -116.9 | -332.0 | -125.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 11.3 | 303.1 | 28.2 | — | |
| + Repayment of Borrowings | 25.6 | 31.9 | 121.0 | — | |
| + Payment of Lease Liabilities | 30.3 | 37.7 | 49.1 | — | |
| + Interest Paid | 116.1 | 132.2 | 157.2 | — | |
| Cash from Financing Activities | -160.6 | 101.2 | -299.1 | — | |
| Net Changes in Cash (pre-FX) | -117.7 | -54.9 | 19.2 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 85.5 | 0.0 | — | |
| Net Changes in Cash | -117.7 | 30.5 | 19.2 | — | |
| Closing Cash | 85.5 | 30.5 | — | — | |
| Reference Items | |||||
| EBITDA | 449.5 | 450.5 | 438.2 | 568.2 | |
| EBITDA Margin % | 7.15 | 6.47 | 6.10 | 7.23 | |
| Free Cash Flow (CFO − Capex) | -2.1 | -147.9 | 320.0 | 320.0 | |
| Free Cash Flow to Equity | — | -9.0 | 70.0 | — | |
| Free Cash Flow per Basic Share | -0.05 | -3.85 | 8.32 | 8.32 | |
| Price to Free Cash Flow | — | — | — | 23.10 | |
| Cash Flow to Net Income | 0.87 | 1.10 | 4.14 | — | |
| Cash Paid for Taxes | 70.3 | 60.8 | 42.8 | — | |
| Cash Paid for Interest | 116.1 | 132.2 | 157.2 | — | |