In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 138.3 | 171.0 | 182.5 | |
| + Finance Costs | 44.3 | 11.7 | 5.6 | |
| + Interest Income | -4.4 | -5.3 | -33.8 | |
| + Dividend Income | 0.0 | -0.0 | 0.0 | |
| + Fair Value (Gains) / Losses | -16.6 | -5.4 | -10.7 | |
| + Share-based Payments | 42.0 | 54.9 | 71.0 | |
| + Unrealised FX (Gain) / Loss | -10.6 | 5.6 | 20.1 | |
| + Other Non-cash Items | 10.1 | 3.0 | 18.9 | |
| Changes in Working Capital | ||||
| + Inventories | -72.0 | -26.4 | -154.5 | |
| + Trade Receivables — Current | -71.6 | -49.8 | -56.6 | |
| + Other Current Assets | -16.1 | -26.8 | -14.5 | |
| + Other Non-current Assets | 0.2 | -0.2 | 0.0 | |
| + Trade Payables — Current | 138.0 | 83.4 | -20.3 | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 751.5 | 887.4 | 952.3 | |
| + Total Adjustments (incl. Working Capital) | 181.6 | 215.7 | 7.9 | |
| Cash from Operations (pre-tax) | 933.1 | 1,103.1 | 960.2 | |
| + Income Taxes Paid | 132.5 | 200.7 | 256.3 | |
| Cash from Operating Activities | 800.6 | 902.5 | 703.9 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 126.9 | 97.6 | 0.0 | |
| + Acq of Intangible Assets | 134.5 | 22.7 | 0.0 | |
| + Disp of Fixed Assets | 1.0 | 1.1 | 0.0 | |
| + Acq of Goodwill | 0.0 | 0.0 | -1.9 | |
| + Disp of Biological Assets | 0.0 | 0.0 | -83.2 | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | |
| + Interest Received — Investing | 4.1 | 4.5 | 9.8 | |
| + Other Inflows / (Outflows) — Investing | -147.5 | -181.3 | -514.3 | |
| Cash from Investing Activities | -403.8 | -295.9 | -585.9 | |
| Cash from Financing Activities | ||||
| + Proceeds from Exercise of Stock Options | 20.0 | 24.0 | 232.0 | |
| + Repayment of Borrowings | 191.6 | 343.9 | 13.8 | |
| + Payment of Lease Liabilities | 0.0 | 13.1 | 24.9 | |
| + Payment of Finance Lease Liabilities | 12.7 | — | — | |
| + Interest Paid | 44.2 | 9.6 | 3.1 | |
| + Dividends Paid | 157.0 | 237.0 | 313.3 | |
| Cash from Financing Activities | -385.5 | -579.7 | -123.1 | |
| Net Changes in Cash (pre-FX) | 11.3 | 26.9 | -5.1 | |
| + Effect of FX Rate Changes on Cash | -0.0 | -0.0 | 0.2 | |
| Net Changes in Cash | 11.3 | 26.9 | -4.9 | |
| Closing Cash | 88.2 | — | — | |
| Reference Items | ||||
| EBITDA | 896.9 | 1,031.8 | 1,107.4 | |
| EBITDA Margin % | 25.74 | 26.34 | 26.70 | |
| Free Cash Flow (CFO − Capex) | 539.3 | 782.2 | 703.9 | |
| Free Cash Flow to Equity | — | 429.2 | 687.1 | |
| Free Cash Flow per Basic Share | 33.58 | 48.70 | 43.83 | |
| Cash Flow to Net Income | 1.45 | 1.37 | 0.99 | |
| Cash Paid for Taxes | 132.5 | 200.7 | 256.3 | |
| Cash Paid for Interest | 44.2 | 9.6 | 3.1 | |