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 | 174.4 | 211.3 | 244.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 31.9 | — | |
| + Finance Costs | 108.7 | 154.6 | 176.6 | — | |
| + Interest Income | -12.7 | -15.9 | -14.3 | — | |
| + Fair Value (Gains) / Losses | -0.2 | -0.2 | -0.1 | — | |
| + Share-based Payments | 7.9 | 6.5 | -56.6 | — | |
| + Unrealised FX (Gain) / Loss | -0.5 | -0.1 | -0.2 | — | |
| + Other Non-cash Items | -8.7 | 1.5 | 13.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -4.0 | -9.6 | -9.4 | — | |
| + Trade Receivables — Current | -5.3 | -80.1 | -42.5 | — | |
| + Other Financial Assets — Current | -7.9 | -10.2 | -1.3 | — | |
| + Trade Payables — Current | 10.0 | 29.5 | 2.1 | — | |
| + Provisions — Current | 2.6 | 4.5 | 8.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 67.3 | 56.2 | 25.5 | 38.3 | |
| + Total Adjustments (incl. Working Capital) | 264.6 | 292.8 | 353.5 | — | |
| Cash from Operations (pre-tax) | 331.9 | 349.0 | 378.9 | — | |
| + Income Taxes Paid | 47.4 | 31.9 | 31.8 | — | |
| Cash from Operating Activities | 284.6 | 317.1 | 347.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 185.7 | 208.9 | 292.1 | — | |
| + Disp of Fixed Assets | 1.7 | 1.5 | 3.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 48.5 | 197.2 | 0.0 | — | |
| + Interest Received — Investing | 8.2 | 9.5 | 11.9 | — | |
| + Other Inflows / (Outflows) — Investing | -1.4 | -92.7 | 99.1 | — | |
| Cash from Investing Activities | -225.7 | -487.8 | -177.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2.0 | 1.6 | 444.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 42.2 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 290.0 | 222.1 | 128.7 | — | |
| + Repayment of Borrowings | 151.1 | 77.6 | 119.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 108.2 | 130.9 | — | |
| + Payment of Finance Lease Liabilities | 96.2 | — | — | — | |
| + Interest Paid | 66.5 | 76.2 | 82.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -4.2 | 0.6 | — | |
| Cash from Financing Activities | -64.0 | -42.4 | 240.7 | — | |
| Net Changes in Cash (pre-FX) | -5.2 | -213.1 | 410.3 | — | |
| Net Changes in Cash | -5.2 | -213.1 | 410.3 | — | |
| Closing Cash | 166.0 | -47.1 | — | — | |
| Reference Items | |||||
| EBITDA | 329.6 | 387.3 | 465.8 | 480.3 | |
| EBITDA Margin % | 17.24 | 17.42 | 18.30 | 18.28 | |
| Free Cash Flow (CFO − Capex) | 98.9 | 108.3 | 55.0 | 55.0 | |
| Free Cash Flow to Equity | — | 361.6 | -119.5 | — | |
| Free Cash Flow per Basic Share | 6.87 | 7.52 | 3.82 | 3.82 | |
| Price to Free Cash Flow | — | — | — | 184.06 | |
| Cash Flow to Net Income | 6.89 | 6.49 | 15.24 | — | |
| Cash Paid for Taxes | 47.4 | 31.9 | 31.8 | — | |
| Cash Paid for Interest | 66.5 | 76.2 | 82.7 | — | |