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 | 598.0 | 806.5 | 969.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 4.5 | 0.0 | — | |
| + Finance Costs | 287.8 | 522.6 | 437.5 | — | |
| + Interest Income | -19.4 | -12.7 | -19.2 | — | |
| + Fair Value (Gains) / Losses | -5.6 | -5.9 | -5.6 | — | |
| + Share-based Payments | 18.9 | 23.4 | 28.8 | — | |
| + Unrealised FX (Gain) / Loss | -2.5 | -30.6 | -19.3 | — | |
| + Other Non-cash Items | -151.6 | 13.5 | 30.0 | — | |
| + Other Reconciling Items | -0.7 | -15.0 | -34.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -114.0 | 4.3 | 91.0 | — | |
| + Trade Receivables — Current | -61.6 | -65.5 | -38.1 | — | |
| + Other Financial Assets — Current | 0.0 | -7.0 | -21.0 | — | |
| + Other Financial Assets — Non-current | 40.9 | -29.4 | -35.0 | — | |
| + Other Current Assets | -32.4 | 14.4 | -30.8 | — | |
| + Other Non-current Assets | -30.5 | -35.5 | -18.5 | — | |
| + Trade Payables — Current | 97.2 | 126.9 | 126.7 | — | |
| + Other Financial Liabilities — Current | 18.4 | 43.3 | 13.8 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.6 | 0.5 | — | |
| + Other Current Liabilities | 24.2 | 76.0 | 0.2 | — | |
| + Other Non-current Liabilities | 0.0 | 45.3 | 2.3 | — | |
| + Provisions — Current | -37.7 | -23.1 | 19.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 469.8 | 314.0 | 533.6 | 538.5 | |
| + Total Adjustments (incl. Working Capital) | 629.1 | 1,456.5 | 1,498.1 | — | |
| Cash from Operations (pre-tax) | 1,098.9 | 1,770.4 | 2,031.6 | — | |
| + Income Taxes Paid | 89.3 | 102.4 | 138.1 | — | |
| Cash from Operating Activities | 1,009.6 | 1,668.0 | 1,893.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 841.7 | 862.9 | 998.8 | — | |
| + Acq of Intangible Assets | 11.2 | 13.0 | 11.1 | — | |
| + Disp of Fixed Assets | 5.3 | 5.3 | 5.0 | — | |
| + Acq of Other Long-term Assets | -233.0 | -16.8 | 90.3 | — | |
| + Purchase of Investments (Equity / Debt) | 2.5 | 1.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 770.3 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 13.5 | 4.9 | 10.8 | — | |
| + Other Inflows / (Outflows) — Investing | 88.6 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -1,285.4 | -850.1 | -1,084.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 0.0 | 0.1 | 2.4 | — | |
| + Buyback / Redemption of Own Shares | 59.4 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 1.0 | 6.5 | — | |
| + Proceeds from Borrowings | 1,101.0 | 117.2 | 242.7 | — | |
| + Repayment of Borrowings | 91.6 | 121.9 | 172.2 | — | |
| + Payment of Lease Liabilities | 0.0 | 545.0 | 641.4 | — | |
| + Payment of Finance Lease Liabilities | 449.9 | — | — | — | |
| + Interest Paid | 43.8 | 220.1 | 110.9 | — | |
| + Dividends Paid | 79.0 | 78.9 | 81.2 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -13.0 | — | |
| Cash from Financing Activities | 377.2 | -849.5 | -780.1 | — | |
| Net Changes in Cash (pre-FX) | 101.5 | -31.5 | 28.9 | — | |
| Net Changes in Cash | 101.5 | -31.5 | 28.9 | — | |
| Closing Cash | 131.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,143.5 | 1,572.2 | 1,887.8 | 1,947.3 | |
| EBITDA Margin % | 20.22 | 19.31 | 19.85 | 19.78 | |
| Free Cash Flow (CFO − Capex) | 156.7 | 792.1 | 883.6 | 883.6 | |
| Free Cash Flow to Equity | — | 576.9 | 1,015.8 | — | |
| Free Cash Flow per Basic Share | 2.37 | 12.00 | 13.39 | 13.39 | |
| Price to Free Cash Flow | — | — | — | 35.29 | |
| Cash Flow to Net Income | 2.52 | 7.68 | 4.26 | — | |
| Cash Paid for Taxes | 89.3 | 102.4 | 138.1 | — | |
| Cash Paid for Interest | 43.8 | 220.1 | 110.9 | — | |