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 | 28.2 | 53.6 | 67.1 | — | |
| + Finance Costs | 41.0 | 60.4 | 69.5 | — | |
| + Interest Income | -12.2 | -32.1 | 0.0 | — | |
| + Dividend Income | -0.0 | -0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -3.0 | -4.3 | -8.6 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | -0.1 | 0.6 | — | |
| + Other Non-cash Items | 0.8 | -2.5 | -5.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -415.5 | 214.1 | -309.2 | — | |
| + Trade Receivables — Current | -256.4 | -325.0 | 56.9 | — | |
| + Other Financial Assets — Current | -28.4 | 0.0 | 22.2 | — | |
| + Other Financial Assets — Non-current | 0.0 | -14.6 | 0.0 | — | |
| + Other Current Assets | -24.5 | -0.5 | -0.7 | — | |
| + Other Bank Balances | -0.2 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 261.3 | -143.1 | -8.3 | — | |
| + Other Financial Liabilities — Current | 3.6 | 0.0 | -23.0 | — | |
| + Other Current Liabilities | 49.6 | -95.3 | 11.1 | — | |
| + Provisions — Current | 0.5 | 0.4 | 1.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 444.6 | 507.8 | 253.9 | 247.2 | |
| + Total Adjustments (incl. Working Capital) | -355.2 | -289.0 | -126.1 | — | |
| Cash from Operations (pre-tax) | 89.5 | 218.8 | 127.8 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -25.9 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | -0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -1.1 | — | |
| + Income Taxes Paid | 108.6 | 114.6 | 91.3 | — | |
| Cash from Operating Activities | -19.1 | 104.2 | 9.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 124.8 | 508.1 | -534.6 | — | |
| + Disp of Fixed Assets | 0.6 | 1.0 | 1.0 | — | |
| + Acq of Investment Property | 0.0 | 1,980.1 | -1,215.3 | — | |
| + Disp of Investment Property | 0.0 | 1,835.5 | 1,067.9 | — | |
| + Acq of Other Long-term Assets | 50.0 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.7 | 0.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 6.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 296.1 | 0.0 | -1.8 | — | |
| + Investment in Partnership Firms / LLPs | 0.0 | -14.8 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 10.9 | 29.2 | 28.6 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | -3,536.9 | — | |
| Cash from Investing Activities | -464.6 | -607.8 | -687.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 512.3 | 757.8 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 33.8 | 101.3 | — | |
| + Proceeds from Borrowings | 68.1 | 132.3 | 466.0 | — | |
| + Repayment of Borrowings | 18.1 | -14.2 | 4.9 | — | |
| + Payment of Lease Liabilities | 0.1 | 2.6 | -3.4 | — | |
| + Interest Paid | 41.0 | 58.5 | 69.0 | — | |
| + Dividends Paid | 32.3 | 55.1 | 42.4 | — | |
| Cash from Financing Activities | 488.9 | 821.8 | 454.4 | — | |
| Net Changes in Cash (pre-FX) | 5.2 | 318.2 | -224.0 | — | |
| Net Changes in Cash | 5.2 | 318.2 | -224.0 | — | |
| Closing Cash | 122.5 | 440.7 | — | — | |
| Reference Items | |||||
| EBITDA | 489.2 | 577.5 | 362.6 | 367.7 | |
| EBITDA Margin % | 13.43 | 14.57 | 12.44 | 11.76 | |
| Free Cash Flow (CFO − Capex) | -143.9 | -404.0 | 544.0 | 544.0 | |
| Free Cash Flow to Equity | — | -316.0 | 928.5 | — | |
| Free Cash Flow per Basic Share | -3.37 | -9.45 | 12.73 | 12.73 | |
| Price to Free Cash Flow | — | — | — | 18.99 | |
| Cash Flow to Net Income | -0.06 | 0.27 | 0.05 | — | |
| Cash Paid for Taxes | 108.6 | 114.6 | 91.3 | — | |
| Cash Paid for Interest | 41.0 | 58.5 | 69.0 | — | |