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 | 43.9 | 46.6 | 59.4 | — | |
| + Impairment Loss / (Reversal) | 0.5 | -20.1 | 10.7 | — | |
| + Finance Costs | 2.0 | 1.7 | 1.8 | — | |
| + Interest Income | -43.2 | -30.0 | -20.1 | — | |
| + Dividend Income | -0.9 | -1.1 | -0.6 | — | |
| + Fair Value (Gains) / Losses | -125.7 | -161.3 | -138.7 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.3 | 3.6 | — | |
| + Undistributed Profits of Associates | 146.1 | 232.0 | 204.5 | — | |
| + Other Non-cash Items | 2.8 | 1.5 | 0.2 | — | |
| + Other Reconciling Items | -0.1 | -0.0 | -0.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | 98.3 | -140.7 | -306.1 | — | |
| + Trade Receivables — Current | 0.0 | -60.1 | -127.6 | — | |
| + Trade Receivables — Non-current | 37.5 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Current | 25.5 | 0.0 | 4.6 | — | |
| + Other Financial Assets — Non-current | 1.8 | 1.7 | 0.4 | — | |
| + Other Current Assets | -18.5 | -0.5 | -22.4 | — | |
| + Other Non-current Assets | 0.0 | 0.4 | 0.0 | — | |
| + Other Bank Balances | 1.0 | -0.4 | 0.0 | — | |
| + Trade Payables — Current | -1.0 | 7.3 | -23.5 | — | |
| + Other Financial Liabilities — Current | -4.5 | 0.2 | 0.1 | — | |
| + Other Current Liabilities | 0.0 | 11.0 | 30.5 | — | |
| + Provisions — Current | 0.0 | 0.0 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 1.7 | -0.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 863.8 | 922.5 | 928.5 | 1,007.5 | |
| + Total Adjustments (incl. Working Capital) | -126.8 | -574.3 | -732.8 | — | |
| Cash from Operations (pre-tax) | 737.0 | 348.2 | 195.7 | — | |
| + Income Taxes Paid | 160.1 | 140.9 | 146.6 | — | |
| Cash from Operating Activities | 576.9 | 207.3 | 49.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 218.6 | 236.4 | 154.3 | — | |
| + Disp of Fixed Assets | 0.1 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 4,948.1 | 3,692.0 | 4,623.1 | — | |
| + Disp of Investment Property | 4,237.3 | 3,615.6 | 4,760.3 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 88.2 | — | |
| + Disp of Other Long-term Assets | 14.3 | 1.4 | 0.6 | — | |
| + Dividends Received — Investing | 31.1 | 51.4 | 72.9 | — | |
| + Interest Received — Investing | 55.3 | 38.1 | 24.5 | — | |
| + Other Inflows / (Outflows) — Investing | 389.1 | 140.0 | 160.1 | — | |
| Cash from Investing Activities | -439.6 | -82.1 | 152.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 0.3 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | -0.3 | 0.1 | 0.1 | — | |
| + Payment of Lease Liabilities | 0.0 | 122.0 | 122.1 | — | |
| + Interest Paid | 5.3 | 0.0 | 0.0 | — | |
| + Dividends Paid | 107.0 | 1.6 | 1.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -4.4 | -5.1 | — | |
| Cash from Financing Activities | -111.7 | -128.1 | -128.9 | — | |
| Net Changes in Cash (pre-FX) | 25.7 | -3.0 | 73.0 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 90.1 | — | |
| Net Changes in Cash | 25.7 | -3.0 | 163.1 | — | |
| Closing Cash | 93.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 588.2 | 541.3 | 619.5 | 727.3 | |
| EBITDA Margin % | 11.73 | 10.18 | 9.80 | 10.48 | |
| Free Cash Flow (CFO − Capex) | 358.3 | -29.2 | -105.2 | -105.2 | |
| Free Cash Flow to Equity | — | -13.5 | -106.1 | — | |
| Free Cash Flow per Basic Share | 23.42 | -1.91 | -6.88 | -6.88 | |
| Cash Flow to Net Income | 0.89 | 0.30 | 0.07 | — | |
| Cash Paid for Taxes | 160.1 | 140.9 | 146.6 | — | |
| Cash Paid for Interest | 5.3 | 0.0 | 0.0 | — | |