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 | 31.9 | 54.5 | 56.6 | — | |
| + Interest Income | -22.5 | -27.8 | -33.7 | — | |
| + Fair Value (Gains) / Losses | -6.9 | -3.8 | -3.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 1.0 | 1.4 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.1 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -650.4 | -576.2 | -448.2 | — | |
| + Trade Receivables — Current | 19.0 | -158.0 | -48.7 | — | |
| + Other Financial Assets — Current | -0.0 | 0.0 | 0.0 | — | |
| + Other Current Assets | -20.4 | 79.4 | 73.3 | — | |
| + Other Bank Balances | -49.5 | 47.8 | -163.9 | — | |
| + Trade Payables — Current | 794.0 | 609.4 | 314.5 | — | |
| + Provisions — Current | 2.9 | 5.0 | 17.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 177.3 | 325.3 | 485.3 | 554.0 | |
| + Total Adjustments (incl. Working Capital) | 98.1 | 31.3 | -234.1 | — | |
| Cash from Operations (pre-tax) | 275.4 | 356.6 | 251.1 | — | |
| + Interest Paid — Operating | -117.7 | -182.6 | -174.4 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -0.7 | — | |
| + Income Taxes Paid | 37.7 | 71.9 | 99.8 | — | |
| Cash from Operating Activities | 355.4 | 467.2 | 325.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 318.1 | 237.7 | 105.6 | — | |
| + Disp of Fixed Assets | 0.0 | 0.3 | 0.3 | — | |
| + Acq of Investment Property | 5.3 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 1.4 | 6.9 | 18.6 | — | |
| + Loans & Advances Made | 1.8 | 1.9 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 0.6 | — | |
| + Interest Received — Investing | 22.6 | 27.1 | 32.4 | — | |
| + Other Inflows / (Outflows) — Investing | 6.9 | 2.6 | -95.1 | — | |
| Cash from Investing Activities | -296.9 | -216.5 | -186.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 162.9 | 2.3 | 154.0 | — | |
| + Repayment of Borrowings | 42.9 | 63.0 | 114.1 | — | |
| + Interest Paid | 117.6 | 186.5 | 171.1 | — | |
| Cash from Financing Activities | 2.4 | -247.2 | -131.2 | — | |
| Net Changes in Cash (pre-FX) | 60.8 | 3.5 | 7.7 | — | |
| Net Changes in Cash | 60.8 | 3.5 | 7.7 | — | |
| Closing Cash | 141.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 295.3 | 528.3 | 676.5 | 746.7 | |
| EBITDA Margin % | 2.13 | 2.70 | 2.81 | 3.06 | |
| Free Cash Flow (CFO − Capex) | 37.3 | 229.5 | 219.4 | 219.4 | |
| Free Cash Flow to Equity | — | -15.0 | 90.0 | — | |
| Free Cash Flow per Basic Share | 1.27 | 7.78 | 7.44 | 7.44 | |
| Price to Free Cash Flow | — | — | — | 30.60 | |
| Cash Flow to Net Income | 2.62 | 1.90 | 0.88 | — | |
| Cash Paid for Taxes | 37.7 | 71.9 | 99.8 | — | |
| Cash Paid for Interest | 117.6 | 186.5 | 171.1 | — | |