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 | 332.8 | 342.7 | 385.0 | — | |
| + Impairment Loss / (Reversal) | 5.9 | 0.0 | 0.0 | — | |
| + Finance Costs | 115.6 | 113.9 | 114.7 | — | |
| + Interest Income | -12.9 | -7.1 | -5.7 | — | |
| + Fair Value (Gains) / Losses | -0.8 | 0.0 | 0.0 | — | |
| + Share-based Payments | 6.9 | 5.6 | 6.9 | — | |
| + Unrealised FX (Gain) / Loss | 19.6 | 39.3 | 70.1 | — | |
| + Other Non-cash Items | 30.1 | -15.3 | 5.4 | — | |
| + Other — Cash Effects are Investing / Financing | -0.3 | -1.1 | -1.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -51.4 | -72.7 | -187.7 | — | |
| + Trade Receivables — Current | -38.5 | -1.5 | -215.2 | — | |
| + Trade Payables — Current | -3.2 | 42.0 | 179.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 264.8 | 419.3 | 481.1 | 607.4 | |
| + Total Adjustments (incl. Working Capital) | 403.8 | 445.8 | 351.9 | — | |
| Cash from Operations (pre-tax) | 668.6 | 865.1 | 833.0 | — | |
| + Income Taxes Paid | 82.1 | 70.0 | 110.1 | — | |
| Cash from Operating Activities | 586.5 | 795.1 | 722.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 374.6 | 363.1 | 481.5 | — | |
| + Disp of Fixed Assets | 2.7 | 7.2 | 8.1 | — | |
| + Purchase of Investments (Equity / Debt) | 611.3 | 1,037.3 | 1,020.8 | — | |
| + Sale of Investments (Equity / Debt) | 627.1 | 1,009.2 | 1,036.9 | — | |
| + Interest Received — Investing | 11.0 | 7.1 | 5.7 | — | |
| + Other Inflows / (Outflows) — Investing | 0.8 | 1.1 | -0.3 | — | |
| Cash from Investing Activities | -344.3 | -375.8 | -451.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2.8 | 19.1 | 11.1 | — | |
| + Proceeds from Borrowings | 466.3 | 953.8 | 1,980.4 | — | |
| + Repayment of Borrowings | 432.1 | 1,083.2 | 1,944.7 | — | |
| + Payment of Lease Liabilities | 46.0 | 61.7 | 59.9 | — | |
| + Interest Paid | 114.4 | 106.6 | 101.4 | — | |
| + Dividends Paid | 139.6 | 152.6 | 159.9 | — | |
| Cash from Financing Activities | -263.0 | -431.2 | -274.4 | — | |
| Net Changes in Cash (pre-FX) | -20.8 | -11.9 | -3.4 | — | |
| + Effect of FX Rate Changes on Cash | -16.6 | 1.4 | 9.8 | — | |
| Net Changes in Cash | -37.4 | -10.5 | 6.4 | — | |
| Closing Cash | 201.4 | 190.9 | — | — | |
| Reference Items | |||||
| EBITDA | 714.3 | 835.9 | 965.6 | 1,226.8 | |
| EBITDA Margin % | 18.24 | 19.84 | 20.27 | 19.94 | |
| Free Cash Flow (CFO − Capex) | 211.9 | 432.0 | 241.4 | 241.4 | |
| Free Cash Flow to Equity | — | 194.1 | 176.3 | — | |
| Free Cash Flow per Basic Share | 6.61 | 13.48 | 7.53 | 7.53 | |
| Price to Free Cash Flow | — | — | — | 32.43 | |
| Cash Flow to Net Income | 2.79 | 2.19 | 1.84 | — | |
| Cash Paid for Taxes | 82.1 | 70.0 | 110.1 | — | |
| Cash Paid for Interest | 114.4 | 106.6 | 101.4 | — | |