In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 102.1 | 111.5 | 110.8 | |
| + Finance Costs | 23.9 | 15.8 | 8.5 | |
| + Interest Income | -14.6 | -32.9 | -18.9 | |
| + Dividend Income | -0.2 | -0.2 | -0.3 | |
| + Fair Value (Gains) / Losses | 0.0 | -43.0 | -46.4 | |
| + Share-based Payments | 1.2 | 0.0 | -0.2 | |
| + Unrealised FX (Gain) / Loss | -3.7 | 2.2 | -2.9 | |
| + Other Non-cash Items | 0.0 | -8.7 | -0.6 | |
| + Other Reconciling Items | -274.4 | 0.0 | 1.9 | |
| Changes in Working Capital | ||||
| + Inventories | 121.3 | 25.4 | 28.9 | |
| + Trade Receivables — Current | 38.7 | 0.0 | 35.6 | |
| + Trade Receivables — Non-current | 0.0 | -30.1 | 0.0 | |
| + Other Financial Assets — Current | 10.1 | 2.8 | 0.2 | |
| + Other Financial Assets — Non-current | -0.1 | -0.2 | 0.2 | |
| + Other Current Assets | -3.7 | 6.5 | 4.3 | |
| + Other Non-current Assets | -2.9 | 0.2 | -0.2 | |
| + Trade Payables — Current | -22.8 | -27.9 | 110.8 | |
| + Other Financial Liabilities — Current | -0.5 | 4.4 | -6.1 | |
| + Other Current Liabilities | 22.3 | -3.1 | -13.2 | |
| + Other Non-current Liabilities | 0.6 | 0.7 | 1.8 | |
| + Provisions — Current | 0.5 | 3.9 | -0.7 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 991.5 | 836.1 | 642.3 | |
| + Total Adjustments (incl. Working Capital) | -2.1 | 27.3 | 213.8 | |
| Cash from Operations (pre-tax) | 989.4 | 863.3 | 856.1 | |
| + Other Inflows / (Outflows) — Operating | 0.1 | 0.0 | 0.0 | |
| + Income Taxes Paid | 192.4 | 225.5 | 168.8 | |
| Cash from Operating Activities | 797.0 | 637.9 | 687.3 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 106.5 | 314.9 | 263.7 | |
| + Disp of Fixed Assets | 0.0 | 13.0 | 0.1 | |
| + Acq of Investment Property | 2,446.0 | 1,955.4 | 1,699.7 | |
| + Disp of Investment Property | 2,436.4 | 1,770.5 | 1,352.1 | |
| + Acq of Other Long-term Assets | 0.0 | 342.5 | 0.0 | |
| + Disp of Other Long-term Assets | 0.0 | 439.7 | 0.0 | |
| + Dividends Received — Investing | 0.2 | 0.2 | 0.3 | |
| + Interest Received — Investing | 10.7 | 31.7 | 23.7 | |
| + Other Inflows / (Outflows) — Investing | -428.8 | 0.0 | 296.6 | |
| Cash from Investing Activities | -534.0 | -357.7 | -290.6 | |
| Cash from Financing Activities | ||||
| + Proceeds from Issue of Shares | 5.2 | 1.1 | 12.0 | |
| + Buyback / Redemption of Own Shares | 0.0 | 0.0 | 302.2 | |
| + Repayment of Borrowings | 151.2 | 99.4 | 35.3 | |
| + Payment of Lease Liabilities | 0.0 | 1.6 | 1.4 | |
| + Payment of Finance Lease Liabilities | 1.6 | — | — | |
| + Interest Paid | 22.2 | 14.2 | 7.5 | |
| + Dividends Paid | 166.5 | 114.4 | 114.7 | |
| + Other Inflows / (Outflows) — Financing | -1.4 | -1.8 | -2.0 | |
| Cash from Financing Activities | -337.7 | -230.3 | -451.2 | |
| Net Changes in Cash (pre-FX) | -74.7 | 49.9 | -54.5 | |
| Net Changes in Cash | -74.7 | 49.9 | -54.5 | |
| Closing Cash | 48.7 | — | — | |
| Reference Items | ||||
| EBITDA | 847.5 | 876.0 | 688.7 | |
| EBITDA Margin % | 24.59 | 27.52 | 22.48 | |
| Free Cash Flow (CFO − Capex) | 690.5 | 323.0 | 423.6 | |
| Free Cash Flow to Equity | — | 209.6 | 380.8 | |
| Free Cash Flow per Basic Share | 75.11 | 35.13 | 46.08 | |
| Cash Flow to Net Income | 1.00 | 1.02 | 1.45 | |
| Cash Paid for Taxes | 192.4 | 225.5 | 168.8 | |
| Cash Paid for Interest | 22.2 | 14.2 | 7.5 | |