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 | 224.2 | 266.4 | 320.3 | — | |
| + Finance Costs | 82.8 | 107.3 | 117.1 | — | |
| + Interest Income | -19.7 | -18.3 | -25.0 | — | |
| + Fair Value (Gains) / Losses | 0.6 | 0.0 | 0.0 | — | |
| + Share-based Payments | 16.4 | 16.9 | 16.7 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -3.2 | — | |
| + Other Non-cash Items | 9.4 | 5.5 | 38.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -186.9 | -217.0 | -224.6 | — | |
| + Trade Receivables — Current | -89.4 | -3.9 | -47.0 | — | |
| + Other Financial Assets — Current | -59.2 | 14.0 | -18.8 | — | |
| + Other Financial Assets — Non-current | -10.7 | -7.4 | -27.1 | — | |
| + Other Current Assets | -112.4 | -83.2 | -101.2 | — | |
| + Other Non-current Assets | 3.2 | -0.7 | 5.2 | — | |
| + Trade Payables — Current | 122.1 | 245.8 | 98.0 | — | |
| + Other Financial Liabilities — Current | 86.1 | 63.4 | 246.2 | — | |
| + Other Current Liabilities | -0.5 | 13.2 | 50.9 | — | |
| + Provisions — Current | -2.7 | 1.2 | 16.6 | — | |
| + Provisions — Non-current | -0.9 | -4.2 | -13.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 69.0 | 127.5 | 330.2 | 415.7 | |
| + Total Adjustments (incl. Working Capital) | 62.4 | 398.9 | 449.2 | — | |
| Cash from Operations (pre-tax) | 131.5 | 526.4 | 779.5 | — | |
| + Income Taxes Paid | 131.2 | 59.7 | 135.2 | — | |
| Cash from Operating Activities | 0.3 | 466.6 | 644.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 110.7 | 127.2 | 153.9 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 2.1 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 29.0 | 0.0 | — | |
| + Loans & Advances Made | 79.3 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 158.1 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 21.8 | 9.6 | 20.3 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -58.8 | -27.4 | — | |
| Cash from Investing Activities | -10.1 | -205.4 | -158.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 17.2 | 31.2 | 38.7 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 10.7 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 267.9 | 3.5 | — | |
| + Proceeds from Borrowings | 220.4 | 277.1 | 6.4 | — | |
| + Repayment of Borrowings | 0.4 | 0.4 | 214.3 | — | |
| + Payment of Lease Liabilities | 116.7 | 0.0 | 173.4 | — | |
| + Interest Paid | 87.1 | 72.4 | 119.1 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -179.7 | 32.1 | — | |
| Cash from Financing Activities | 44.3 | -212.0 | -433.1 | — | |
| Net Changes in Cash (pre-FX) | 34.4 | 49.2 | 52.3 | — | |
| Net Changes in Cash | 34.4 | 49.2 | 52.3 | — | |
| Closing Cash | 75.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 346.2 | 473.9 | 752.3 | 847.7 | |
| EBITDA Margin % | 5.42 | 5.96 | 7.51 | 7.96 | |
| Free Cash Flow (CFO − Capex) | -110.5 | 339.4 | 490.4 | 490.4 | |
| Free Cash Flow to Equity | — | 548.0 | 157.2 | — | |
| Free Cash Flow per Basic Share | -0.39 | 1.19 | 1.71 | 1.71 | |
| Price to Free Cash Flow | — | — | — | 200.26 | |
| Cash Flow to Net Income | 0.01 | 6.47 | 3.16 | — | |
| Cash Paid for Taxes | 131.2 | 59.7 | 135.2 | — | |
| Cash Paid for Interest | 87.1 | 72.4 | 119.1 | — | |