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 | 310.1 | 331.7 | 376.9 | — | |
| + Finance Costs | 208.1 | 177.7 | 225.3 | — | |
| + Interest Income | -37.3 | -36.1 | -16.6 | — | |
| + Dividend Income | -0.1 | -0.5 | -1.0 | — | |
| + Unrealised FX (Gain) / Loss | -1.1 | 0.8 | -2.3 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | -1.6 | — | |
| + Other Non-cash Items | 0.0 | -7.2 | 0.8 | — | |
| + Other — Cash Effects are Investing / Financing | -73.8 | -50.4 | -15.2 | — | |
| + Other Reconciling Items | -2.0 | 0.0 | 17.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -107.8 | -281.2 | -66.7 | — | |
| + Trade Receivables — Current | -1.0 | 40.6 | 9.5 | — | |
| + Trade Payables — Current | 17.6 | 115.1 | 97.8 | — | |
| + Provisions — Current | -9.0 | -79.5 | -85.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,324.7 | 526.9 | 364.5 | 437.3 | |
| + Total Adjustments (incl. Working Capital) | 303.7 | 211.1 | 542.2 | — | |
| Cash from Operations (pre-tax) | 1,628.4 | 738.0 | 906.7 | — | |
| + Income Taxes Paid | 252.5 | 124.7 | 133.9 | — | |
| Cash from Operating Activities | 1,375.9 | 613.2 | 772.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 240.3 | 252.9 | 503.3 | — | |
| + Disp of Fixed Assets | 4.4 | 4.2 | 12.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 89.3 | 469.8 | 239.3 | — | |
| + Loans & Advances Made | -15.0 | 7.0 | 0.0 | — | |
| + Government Grants Received | 0.0 | 0.0 | 40.1 | — | |
| + Dividends Received — Investing | 0.1 | 0.5 | 1.0 | — | |
| + Interest Received — Investing | 34.5 | 32.7 | 22.5 | — | |
| + Other Inflows / (Outflows) — Investing | -135.3 | 690.2 | -169.9 | — | |
| Cash from Investing Activities | -410.9 | -2.1 | -836.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 57.0 | 15.2 | 795.9 | — | |
| + Repayment of Borrowings | 664.6 | 388.6 | 374.8 | — | |
| + Payment of Lease Liabilities | 19.7 | 25.2 | 35.3 | — | |
| + Interest Paid | 215.3 | 172.8 | 126.3 | — | |
| + Dividends Paid | 126.9 | 84.7 | 84.6 | — | |
| + Other Inflows / (Outflows) — Financing | 32.9 | 9.1 | 22.1 | — | |
| Cash from Financing Activities | -936.7 | -647.1 | 197.0 | — | |
| Net Changes in Cash (pre-FX) | 28.3 | -35.9 | 133.5 | — | |
| Net Changes in Cash | 28.3 | -35.9 | 133.5 | — | |
| Closing Cash | 64.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,615.7 | 928.1 | 924.1 | 967.5 | |
| EBITDA Margin % | 24.26 | 13.82 | 13.06 | 13.14 | |
| Free Cash Flow (CFO − Capex) | 1,135.6 | 360.3 | 269.6 | 269.6 | |
| Free Cash Flow to Equity | — | -131.5 | 694.4 | — | |
| Free Cash Flow per Basic Share | 67.04 | 21.27 | 15.91 | 15.91 | |
| Price to Free Cash Flow | — | — | — | 26.09 | |
| Cash Flow to Net Income | 1.21 | 1.49 | 2.83 | — | |
| Cash Paid for Taxes | 252.5 | 124.7 | 133.9 | — | |
| Cash Paid for Interest | 215.3 | 172.8 | 126.3 | — | |