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 | 377.4 | 392.3 | 414.5 | — | |
| + Finance Costs | 44.6 | 50.5 | 63.4 | — | |
| + Interest Income | -29.6 | -18.9 | -18.0 | — | |
| + Dividend Income | -45.6 | -32.9 | -30.9 | — | |
| + Fair Value (Gains) / Losses | -3.0 | -5.2 | 0.5 | — | |
| + Unrealised FX (Gain) / Loss | 7.7 | 8.9 | -3.9 | — | |
| + Undistributed Profits of Associates | -104.6 | -80.9 | -23.3 | — | |
| + Other Non-cash Items | -2.7 | -2.3 | 27.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | 58.2 | -78.9 | 35.9 | — | |
| + Trade Receivables — Current | 113.8 | -81.7 | -139.9 | — | |
| + Other Financial Assets — Current | 18.8 | -26.8 | 10.3 | — | |
| + Other Financial Assets — Non-current | -82.7 | -71.7 | -0.7 | — | |
| + Other Current Assets | 4.5 | 25.6 | 9.3 | — | |
| + Other Non-current Assets | -0.7 | 0.3 | 0.1 | — | |
| + Trade Payables — Current | -119.7 | 133.6 | -18.5 | — | |
| + Other Financial Liabilities — Current | -36.3 | 3.9 | -7.1 | — | |
| + Other Current Liabilities | 0.3 | 3.7 | -7.4 | — | |
| + Provisions — Current | 0.3 | -0.1 | 1.7 | — | |
| + Provisions — Non-current | 2.0 | 1.7 | 2.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -195.9 | 9.7 | 44.0 | 144.5 | |
| + Total Adjustments (incl. Working Capital) | 411.8 | 383.2 | 363.2 | — | |
| Cash from Operations (pre-tax) | 215.9 | 392.9 | 407.1 | — | |
| + Income Taxes Paid | 44.7 | -69.2 | -22.6 | — | |
| Cash from Operating Activities | 171.2 | 462.1 | 429.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 231.3 | 325.5 | 258.5 | — | |
| + Disp of Fixed Assets | 1.0 | 3.7 | 0.5 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | -0.0 | 19.4 | — | |
| + Sale of Investments (Equity / Debt) | 3.6 | 6.3 | 0.7 | — | |
| + Disp of Subsidiaries / Businesses (net) | -104.6 | -80.9 | -23.3 | — | |
| + Dividends Received — Investing | 45.6 | 32.9 | 30.9 | — | |
| + Interest Received — Investing | 20.0 | 18.4 | 18.0 | — | |
| + Other Inflows / (Outflows) — Investing | 71.0 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -194.6 | -345.1 | -251.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 75.0 | 75.0 | 428.3 | — | |
| + Repayment of Borrowings | 134.3 | 125.4 | 412.2 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 2.2 | — | |
| + Payment of Finance Lease Liabilities | 0.1 | — | — | — | |
| + Interest Paid | 44.8 | 42.6 | 42.2 | — | |
| + Dividends Paid | 173.5 | 102.2 | 116.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.4 | 49.8 | -5.6 | — | |
| Cash from Financing Activities | -277.3 | -145.3 | -150.3 | — | |
| Net Changes in Cash (pre-FX) | -300.7 | -28.3 | 28.3 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | -0.2 | 2.7 | — | |
| Net Changes in Cash | -300.8 | -28.5 | 31.0 | — | |
| Closing Cash | 154.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 136.0 | 360.4 | 405.2 | 510.3 | |
| EBITDA Margin % | 3.57 | 8.85 | 9.30 | 11.34 | |
| Free Cash Flow (CFO − Capex) | -60.0 | 136.7 | 171.2 | 171.2 | |
| Free Cash Flow to Equity | — | 102.2 | 145.0 | — | |
| Free Cash Flow per Basic Share | -8.18 | 18.61 | 23.31 | 23.31 | |
| Price to Free Cash Flow | — | — | — | 30.76 | |
| Cash Flow to Net Income | -0.72 | -7.10 | -178.29 | — | |
| Cash Paid for Taxes | 44.7 | -69.2 | -22.6 | — | |
| Cash Paid for Interest | 44.8 | 42.6 | 42.2 | — | |