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 | 182.6 | 315.5 | 279.5 | — | |
| + Finance Costs | 84.8 | 231.3 | 192.7 | — | |
| + Interest Income | -7.0 | -5.1 | 3.5 | — | |
| + Fair Value (Gains) / Losses | -3.9 | 0.0 | 0.0 | — | |
| + Share-based Payments | 0.8 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | -3.0 | 0.0 | 13.3 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -3.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 9.4 | -6.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -16.9 | -94.4 | -100.7 | — | |
| + Trade Receivables — Current | -57.1 | -9.1 | -210.3 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -3.7 | — | |
| + Other Current Assets | -16.2 | 119.5 | -99.5 | — | |
| + Trade Payables — Current | 91.0 | 67.9 | -3.2 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | -3.2 | — | |
| + Other Financial Liabilities — Current | -73.4 | 1.0 | 0.0 | — | |
| + Other Current Liabilities | -22.4 | 16.8 | 2.4 | — | |
| + Provisions — Current | -3.6 | 24.3 | -40.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 431.2 | 488.8 | 638.5 | 658.1 | |
| + Total Adjustments (incl. Working Capital) | 155.5 | 674.1 | 23.9 | — | |
| Cash from Operations (pre-tax) | 586.8 | 1,162.9 | 662.4 | — | |
| + Income Taxes Paid | 100.8 | 97.9 | 124.4 | — | |
| Cash from Operating Activities | 486.0 | 1,065.0 | 538.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 129.2 | 155.0 | 296.9 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.1 | — | |
| + Disp of Investment Property | 0.0 | 0.4 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 51.4 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 1,169.0 | 10.0 | — | |
| + Loans & Advances Made | 1.7 | 0.0 | 0.0 | — | |
| + Government Grants Received | 0.0 | 3.9 | 0.0 | — | |
| + Interest Received — Investing | 7.0 | 4.4 | 2.2 | — | |
| + Other Inflows / (Outflows) — Investing | -1,703.7 | 1,286.8 | -64.9 | — | |
| Cash from Investing Activities | -1,827.6 | -80.0 | -369.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 4.5 | 0.0 | 0.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | 237.5 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 10.3 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,623.1 | 1,436.4 | 170.3 | — | |
| + Repayment of Borrowings | 159.4 | 1,833.7 | 282.3 | — | |
| + Payment of Lease Liabilities | 0.9 | 8.7 | 0.0 | — | |
| + Interest Paid | 77.3 | 145.1 | 193.3 | — | |
| + Dividends Paid | 0.0 | 100.1 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 7.2 | -8.3 | — | |
| Cash from Financing Activities | 1,379.8 | -881.3 | -313.5 | — | |
| Net Changes in Cash (pre-FX) | 38.2 | 103.7 | -145.0 | — | |
| Net Changes in Cash | 38.2 | 103.7 | -145.0 | — | |
| Closing Cash | 94.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 674.8 | 1,017.2 | 1,120.1 | 1,139.6 | |
| EBITDA Margin % | 33.59 | 35.15 | 35.79 | 35.29 | |
| Free Cash Flow (CFO − Capex) | 356.8 | 910.0 | 241.1 | 241.1 | |
| Free Cash Flow to Equity | — | 507.6 | -120.4 | — | |
| Free Cash Flow per Basic Share | 25.76 | 65.70 | 17.41 | 17.41 | |
| Price to Free Cash Flow | — | — | — | 78.00 | |
| Cash Flow to Net Income | 1.22 | 2.84 | 0.83 | — | |
| Cash Paid for Taxes | 100.8 | 97.9 | 124.4 | — | |
| Cash Paid for Interest | 77.3 | 145.1 | 193.3 | — | |