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 | 21.3 | 34.6 | 55.4 | — | |
| + Finance Costs | 57.7 | 116.2 | 160.6 | — | |
| + Interest Income | -42.1 | -58.2 | -56.4 | — | |
| + Fair Value (Gains) / Losses | -32.1 | -7.3 | 48.9 | — | |
| + Share-based Payments | 1.1 | 1.4 | 7.8 | — | |
| + Unrealised FX (Gain) / Loss | -2.2 | -6.7 | -3.7 | — | |
| + Other Non-cash Items | 0.0 | -0.5 | 26.9 | — | |
| + Other — Cash Effects are Investing / Financing | -8.3 | -28.5 | -29.2 | — | |
| + Other Reconciling Items | -0.3 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -197.2 | -366.6 | -502.9 | — | |
| + Trade Receivables — Current | -113.1 | -822.4 | -181.7 | — | |
| + Other Financial Assets — Current | -12.9 | -4.4 | -12.4 | — | |
| + Other Current Assets | -109.9 | -44.3 | -836.1 | — | |
| + Other Non-current Assets | -94.6 | -49.2 | -171.4 | — | |
| + Trade Payables — Current | 204.1 | 234.3 | 178.6 | — | |
| + Other Current Liabilities | 25.4 | 165.2 | 190.6 | — | |
| + Other Non-current Liabilities | 34.6 | 22.9 | 311.8 | — | |
| + Provisions — Current | 6.1 | 25.7 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 139.7 | 401.4 | 767.6 | 826.3 | |
| + Total Adjustments (incl. Working Capital) | -262.5 | -787.6 | -813.1 | — | |
| Cash from Operations (pre-tax) | -122.9 | -386.2 | -45.5 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 173.1 | — | |
| + Income Taxes Paid | 29.1 | 57.2 | 0.0 | — | |
| Cash from Operating Activities | -151.9 | -443.4 | -218.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 73.7 | 112.7 | 297.0 | — | |
| + Disp of Fixed Assets | 0.5 | 0.1 | 1.3 | — | |
| + Acq of Other Long-term Assets | 1.0 | 0.0 | 1.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.5 | 0.5 | — | |
| + Purchase of Investments (Equity / Debt) | 22.5 | 0.0 | 0.2 | — | |
| + Sale of Investments (Equity / Debt) | 93.2 | 21.0 | 67.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 25.7 | 1.0 | 62.2 | — | |
| + Loans & Advances Made | 82.9 | 187.4 | 553.6 | — | |
| + Loans & Advances Repaid | 21.2 | 82.4 | 235.6 | — | |
| + Interest Received — Investing | 33.1 | 57.7 | 49.3 | — | |
| + Other Inflows / (Outflows) — Investing | -374.9 | -2.7 | 100.9 | — | |
| Cash from Investing Activities | -432.6 | -142.1 | -458.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 519.2 | 0.2 | 0.3 | — | |
| + Proceeds from Borrowings | 123.5 | 536.8 | 487.6 | — | |
| + Repayment of Borrowings | 0.2 | 56.4 | 63.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 3.1 | 4.8 | — | |
| + Interest Paid | 57.3 | 110.8 | 159.3 | — | |
| + Dividends Paid | 17.3 | 16.6 | 60.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 4.4 | — | |
| Cash from Financing Activities | 567.8 | 350.2 | 204.8 | — | |
| Net Changes in Cash (pre-FX) | -16.7 | -235.3 | -472.5 | — | |
| Net Changes in Cash | -16.7 | -235.3 | -472.5 | — | |
| Closing Cash | -128.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 134.9 | 469.7 | 913.3 | 973.2 | |
| EBITDA Margin % | 11.24 | 19.23 | 19.22 | 18.81 | |
| Free Cash Flow (CFO − Capex) | -225.6 | -556.0 | -515.6 | -515.6 | |
| Free Cash Flow to Equity | — | 110.7 | 260.1 | — | |
| Free Cash Flow per Basic Share | -8.15 | -20.10 | -18.63 | -18.63 | |
| Cash Flow to Net Income | -1.75 | -1.42 | -0.37 | — | |
| Cash Paid for Taxes | 29.1 | 57.2 | 0.0 | — | |
| Cash Paid for Interest | 57.3 | 110.8 | 159.3 | — | |