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 | 106.2 | 115.1 | 278.3 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.1 | 3.4 | — | |
| + Finance Costs | 63.7 | 65.2 | 85.1 | — | |
| + Interest Income | -6.2 | -6.6 | -7.9 | — | |
| + Unrealised FX (Gain) / Loss | -8.8 | -6.2 | -2.1 | — | |
| + Other Non-cash Items | 14.7 | 35.1 | -6.3 | — | |
| + Other — Cash Effects are Investing / Financing | -0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -91.6 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -246.5 | -81.4 | -164.4 | — | |
| + Trade Receivables — Current | -107.4 | 65.9 | 83.0 | — | |
| + Trade Receivables — Non-current | 0.6 | 69.0 | 0.0 | — | |
| + Other Financial Assets — Current | 15.4 | 7.2 | -18.8 | — | |
| + Other Financial Assets — Non-current | -0.9 | -1.0 | -0.9 | — | |
| + Other Current Assets | -255.6 | -162.3 | 162.6 | — | |
| + Other Non-current Assets | -16.5 | 22.4 | -4.2 | — | |
| + Other Bank Balances | 0.0 | -7.6 | -15.0 | — | |
| + Trade Payables — Current | -76.1 | -168.9 | -54.3 | — | |
| + Other Financial Liabilities — Current | 4.3 | 37.5 | 42.3 | — | |
| + Other Financial Liabilities — Non-current | 0.3 | 0.0 | -0.3 | — | |
| + Other Current Liabilities | 957.8 | -223.4 | 268.8 | — | |
| + Other Non-current Liabilities | 0.7 | 51.1 | -19.5 | — | |
| + Provisions — Current | 67.4 | 12.0 | -47.0 | — | |
| + Provisions — Non-current | -24.7 | -0.4 | 31.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 354.0 | 477.4 | 307.8 | 470.0 | |
| + Total Adjustments (incl. Working Capital) | 488.4 | -268.9 | 614.9 | — | |
| Cash from Operations (pre-tax) | 842.4 | 208.5 | 922.7 | — | |
| + Income Taxes Paid | 107.2 | 99.9 | 172.7 | — | |
| Cash from Operating Activities | 735.2 | 108.6 | 750.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 239.3 | 239.9 | 165.1 | — | |
| + Acq of Intangible Assets | 5.8 | 1.1 | 3.2 | — | |
| + Disp of Fixed Assets | 3.2 | 5.9 | 3.8 | — | |
| + Acq of Other Long-term Assets | -2.7 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 911.3 | 2,536.9 | 2,108.3 | — | |
| + Sale of Investments (Equity / Debt) | 917.7 | 2,468.4 | 2,149.2 | — | |
| + Interest Received — Investing | 7.1 | 7.0 | 8.0 | — | |
| + Other Inflows / (Outflows) — Investing | -6.8 | 0.1 | 0.1 | — | |
| Cash from Investing Activities | -232.4 | -296.5 | -115.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 2.5 | 0.0 | — | |
| + Proceeds from Borrowings | 122.2 | 232.8 | 494.4 | — | |
| + Repayment of Borrowings | 498.1 | -16.4 | 656.9 | — | |
| + Payment of Lease Liabilities | 0.0 | 7.1 | 8.5 | — | |
| + Payment of Finance Lease Liabilities | 7.8 | — | — | — | |
| + Interest Paid | 78.0 | 103.9 | 129.2 | — | |
| + Dividends Paid | 25.2 | 32.2 | 41.1 | — | |
| Cash from Financing Activities | -486.8 | 108.4 | -341.3 | — | |
| Net Changes in Cash (pre-FX) | 16.0 | -79.5 | 293.1 | — | |
| + Effect of FX Rate Changes on Cash | -41.5 | 30.0 | -62.0 | — | |
| Net Changes in Cash | -25.5 | -49.5 | 231.1 | — | |
| Closing Cash | 142.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 498.1 | 579.4 | 554.7 | 620.5 | |
| EBITDA Margin % | 8.01 | 9.02 | 8.17 | 8.32 | |
| Free Cash Flow (CFO − Capex) | 490.1 | -132.3 | 581.7 | 581.7 | |
| Free Cash Flow to Equity | — | -180.3 | 527.4 | — | |
| Free Cash Flow per Basic Share | 66.68 | -18.01 | 79.14 | 79.14 | |
| Price to Free Cash Flow | — | — | — | 10.25 | |
| Cash Flow to Net Income | 2.88 | 0.41 | 4.87 | — | |
| Cash Paid for Taxes | 107.2 | 99.9 | 172.7 | — | |
| Cash Paid for Interest | 78.0 | 103.9 | 129.2 | — | |