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 | 207.3 | 225.5 | 296.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 4.9 | — | |
| + Finance Costs | 105.8 | 103.2 | 114.4 | — | |
| + Interest Income | -2.8 | -3.7 | -7.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 11.5 | — | |
| + Share-based Payments | 0.3 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -7.7 | 4.5 | -11.7 | — | |
| + Other Non-cash Items | 25.9 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 14.6 | -18.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -140.7 | -20.6 | -139.4 | — | |
| + Trade Receivables — Current | -30.7 | 35.9 | 144.6 | — | |
| + Other Current Assets | -71.0 | -13.0 | 18.8 | — | |
| + Trade Payables — Current | -3.9 | 0.0 | 0.0 | — | |
| + Trade Payables — Non-current | 0.0 | 3.7 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | -165.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 547.2 | 660.2 | 785.0 | 880.9 | |
| + Total Adjustments (incl. Working Capital) | 82.5 | 350.2 | 248.5 | — | |
| Cash from Operations (pre-tax) | 629.7 | 1,010.3 | 1,033.5 | — | |
| + Income Taxes Paid | 190.3 | 143.8 | 240.2 | — | |
| Cash from Operating Activities | 439.4 | 866.6 | 793.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 380.6 | 571.7 | 558.2 | — | |
| + Disp of Fixed Assets | 1.7 | 0.0 | 3.5 | — | |
| + Disp of Investment Property | 0.0 | 1.7 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 31.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 198.3 | — | |
| + Interest Received — Investing | 2.8 | 3.6 | 5.6 | — | |
| + Other Inflows / (Outflows) — Investing | 15.9 | -124.9 | -57.5 | — | |
| Cash from Investing Activities | -360.2 | -691.3 | -773.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 3.2 | 5.0 | 301.9 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 365.6 | — | |
| + Proceeds from Borrowings | 1,970.5 | 2,400.9 | 0.6 | — | |
| + Repayment of Borrowings | 1,815.7 | 2,340.8 | 110.9 | — | |
| + Payment of Lease Liabilities | 11.3 | 17.8 | 21.2 | — | |
| + Interest Paid | 102.7 | 103.5 | 120.4 | — | |
| + Dividends Paid | 36.3 | 36.4 | 36.4 | — | |
| Cash from Financing Activities | 7.7 | -92.5 | 379.3 | — | |
| Net Changes in Cash (pre-FX) | 86.9 | 82.8 | 399.3 | — | |
| + Effect of FX Rate Changes on Cash | 2.6 | 2.2 | 12.4 | — | |
| Net Changes in Cash | 89.5 | 85.0 | 411.7 | — | |
| Closing Cash | 381.1 | 466.1 | 880.2 | — | |
| Reference Items | |||||
| EBITDA | 856.0 | 945.2 | 1,185.1 | 1,277.3 | |
| EBITDA Margin % | 18.99 | 21.09 | 22.09 | 22.68 | |
| Free Cash Flow (CFO − Capex) | 58.8 | 294.9 | 235.0 | 235.0 | |
| Free Cash Flow to Equity | — | 254.0 | 167.0 | — | |
| Free Cash Flow per Basic Share | 2.37 | 11.90 | 9.49 | 9.49 | |
| Price to Free Cash Flow | — | — | — | 94.52 | |
| Cash Flow to Net Income | 1.08 | 1.73 | 1.33 | — | |
| Cash Paid for Taxes | 190.3 | 143.8 | 240.2 | — | |
| Cash Paid for Interest | 102.7 | 103.5 | 120.4 | — | |