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 | 88.8 | 128.4 | 166.9 | — | |
| + Finance Costs | 36.3 | 77.4 | 95.2 | — | |
| + Interest Income | -3.5 | 19.4 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -28.7 | 0.0 | — | |
| + Share-based Payments | 24.2 | 25.1 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -6.8 | 18.3 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | -7.3 | -124.2 | — | |
| + Other — Cash Effects are Investing / Financing | -26.1 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -9.8 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -310.6 | -78.3 | -192.6 | — | |
| + Trade Receivables — Current | -214.8 | -64.8 | -161.4 | — | |
| + Other Financial Assets — Current | -4.6 | -31.4 | -12.9 | — | |
| + Other Current Assets | -52.2 | -55.2 | -30.1 | — | |
| + Trade Payables — Current | 95.4 | 38.3 | 104.8 | — | |
| + Other Financial Liabilities — Current | 62.9 | -146.3 | -6.2 | — | |
| + Other Current Liabilities | 8.6 | 19.8 | 9.0 | — | |
| + Provisions — Current | 17.5 | 9.5 | 17.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 159.0 | 218.1 | 171.6 | 177.7 | |
| + Total Adjustments (incl. Working Capital) | -294.8 | -75.9 | -134.2 | — | |
| Cash from Operations (pre-tax) | -135.8 | 142.2 | 37.5 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -42.5 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -131.1 | 0.0 | — | |
| + Income Taxes Paid | 41.2 | -46.1 | -56.7 | — | |
| Cash from Operating Activities | -177.1 | 57.2 | 51.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 689.1 | -190.9 | -228.1 | — | |
| + Disp of Fixed Assets | 0.0 | 2.9 | 6.1 | — | |
| + Disp of Investment Property | 1.1 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | -175.0 | -122.0 | — | |
| + Interest Received — Investing | 0.0 | 4.9 | 3.8 | — | |
| + Other Inflows / (Outflows) — Investing | 150.6 | 47.0 | -646.2 | — | |
| Cash from Investing Activities | -537.4 | 420.7 | -286.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 247.5 | 596.9 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 53.8 | — | |
| + Proceeds from Borrowings | 1,328.3 | 1,553.2 | 2,344.2 | — | |
| + Repayment of Borrowings | 744.2 | -1,527.8 | -2,019.0 | — | |
| + Payment of Lease Liabilities | 0.0 | -89.3 | -110.0 | — | |
| + Payment of Finance Lease Liabilities | 49.9 | — | — | — | |
| + Interest Paid | 0.0 | -59.5 | -66.1 | — | |
| + Dividends Paid | 6.1 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | -22.4 | -3,353.3 | -4,390.3 | — | |
| Cash from Financing Activities | 753.2 | 473.5 | 202.9 | — | |
| Net Changes in Cash (pre-FX) | 38.8 | 951.4 | -31.6 | — | |
| + Effect of FX Rate Changes on Cash | 0.8 | 0.5 | 1.9 | — | |
| Net Changes in Cash | 39.5 | 951.9 | -29.7 | — | |
| Closing Cash | 54.2 | 164.8 | — | — | |
| Reference Items | |||||
| EBITDA | 254.0 | 371.0 | 356.4 | 370.5 | |
| EBITDA Margin % | 10.68 | 9.60 | 8.94 | 8.85 | |
| Free Cash Flow (CFO − Capex) | -866.1 | 248.1 | 279.7 | 279.7 | |
| Free Cash Flow to Equity | — | 212.3 | 547.8 | — | |
| Free Cash Flow per Basic Share | -118.25 | 33.87 | 38.19 | 38.19 | |
| Price to Free Cash Flow | — | — | — | 20.24 | |
| Cash Flow to Net Income | -1.35 | 0.36 | 0.52 | — | |
| Cash Paid for Taxes | 41.2 | -46.1 | -56.7 | — | |
| Cash Paid for Interest | 0.0 | -59.5 | -66.1 | — | |