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 | 286.1 | 355.0 | 367.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -18.0 | -3.0 | — | |
| + Share-based Payments | 0.0 | 0.0 | 11.0 | — | |
| + Unrealised FX (Gain) / Loss | -15.4 | -20.0 | -16.0 | — | |
| + Other Non-cash Items | -13.4 | -9.0 | 39.0 | — | |
| + Other — Cash Effects are Investing / Financing | 7.4 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -86.0 | -249.0 | -113.0 | — | |
| + Trade Receivables — Current | 278.2 | -331.0 | -24.0 | — | |
| + Other Financial Assets — Current | 6.9 | -5.0 | -2.0 | — | |
| + Other Financial Assets — Non-current | 7.0 | -9.0 | -1.0 | — | |
| + Other Current Assets | -69.9 | 29.0 | -14.0 | — | |
| + Other Non-current Assets | -92.8 | -24.0 | -41.0 | — | |
| + Trade Payables — Current | -163.6 | 137.0 | 26.0 | — | |
| + Other Financial Liabilities — Current | -37.8 | 21.0 | 40.0 | — | |
| + Other Current Liabilities | 2.8 | 6.0 | -6.0 | — | |
| + Provisions — Current | -0.8 | 6.0 | -2.0 | — | |
| + Provisions — Non-current | 11.9 | 4.0 | 27.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 595.1 | 713.0 | 808.0 | 873.0 | |
| + Total Adjustments (incl. Working Capital) | 120.8 | -107.0 | 288.0 | — | |
| Cash from Operations (pre-tax) | 715.9 | 606.0 | 1,096.0 | — | |
| + Interest Received — Operating | -27.7 | -20.0 | -25.0 | — | |
| + Interest Paid — Operating | -133.1 | -147.0 | -138.0 | — | |
| + Income Taxes Paid | 194.9 | 188.0 | 248.0 | — | |
| Cash from Operating Activities | 626.4 | 545.0 | 961.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 955.6 | 819.0 | 1,206.0 | — | |
| + Acq of Intangible Assets | 3.7 | 62.0 | 46.0 | — | |
| + Disp of Fixed Assets | 14.6 | 12.0 | 190.0 | — | |
| + Acq of Intangibles under Development | 11.3 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 10.0 | 189.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.2 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 2.0 | 0.0 | — | |
| + Interest Received — Investing | 19.1 | 18.0 | 12.0 | — | |
| + Other Inflows / (Outflows) — Investing | -29.7 | -261.0 | 71.0 | — | |
| Cash from Investing Activities | -966.5 | -1,120.0 | -1,168.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 788.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 50.0 | 0.0 | — | |
| + Proceeds from Borrowings | 628.6 | 228.0 | 420.0 | — | |
| + Repayment of Borrowings | 109.5 | 237.0 | 256.0 | — | |
| + Payment of Lease Liabilities | 9.0 | 17.0 | 18.0 | — | |
| + Interest Paid | 140.6 | 180.0 | 176.0 | — | |
| + Dividends Paid | 22.0 | 33.0 | 33.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 430.0 | — | |
| Cash from Financing Activities | 347.6 | 599.0 | 367.0 | — | |
| Net Changes in Cash (pre-FX) | 7.5 | 24.0 | 160.0 | — | |
| Net Changes in Cash | 7.5 | 24.0 | 160.0 | — | |
| Closing Cash | 31.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 954.8 | 1,157.0 | 1,291.0 | 1,375.0 | |
| EBITDA Margin % | 22.30 | 24.42 | 25.84 | 25.93 | |
| Free Cash Flow (CFO − Capex) | -332.9 | -336.0 | -291.0 | -291.0 | |
| Free Cash Flow to Equity | — | -523.8 | -256.0 | — | |
| Free Cash Flow per Basic Share | -30.26 | -30.55 | -26.45 | -26.45 | |
| Cash Flow to Net Income | 1.44 | 1.00 | 1.67 | — | |
| Cash Paid for Taxes | 194.9 | 188.0 | 248.0 | — | |
| Cash Paid for Interest | 140.6 | 180.0 | 176.0 | — | |