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 | 384.6 | 430.1 | 480.1 | — | |
| + Interest Income | -5.6 | -15.2 | -6.6 | — | |
| + Share-based Payments | 10.9 | 10.2 | 10.9 | — | |
| + Unrealised FX (Gain) / Loss | -8.8 | -1.9 | -25.9 | — | |
| + Other Non-cash Items | 1.9 | 0.0 | -1.2 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -57.1 | 7.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | -151.3 | -82.9 | -405.6 | — | |
| + Trade Receivables — Current | -85.1 | -405.0 | -181.0 | — | |
| + Other Financial Assets — Non-current | -88.5 | 266.2 | 312.6 | — | |
| + Other Non-current Assets | -38.5 | -55.0 | 24.8 | — | |
| + Trade Payables — Current | 334.4 | -98.0 | 274.3 | — | |
| + Provisions — Current | -0.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 236.4 | 484.3 | 1,181.9 | 1,663.2 | |
| + Total Adjustments (incl. Working Capital) | 354.0 | -8.4 | 489.9 | — | |
| Cash from Operations (pre-tax) | 590.3 | 475.9 | 1,671.7 | — | |
| + Interest Paid — Operating | -175.0 | -210.0 | -164.9 | — | |
| + Other Inflows / (Outflows) — Operating | 4.9 | 53.4 | 80.8 | — | |
| + Income Taxes Paid | 104.6 | 137.5 | 293.9 | — | |
| Cash from Operating Activities | 665.7 | 601.7 | 1,623.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 678.3 | 641.0 | 1,070.0 | — | |
| + Disp of Fixed Assets | 2.3 | 99.9 | 6.8 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 105.4 | 49.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 80.0 | 0.0 | 26.7 | — | |
| + Disp of Subsidiaries / Businesses (net) | -71.6 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 5.6 | 6.2 | 6.6 | — | |
| + Other Inflows / (Outflows) — Investing | -0.4 | -41.4 | 43.6 | — | |
| Cash from Investing Activities | -822.4 | -681.7 | -1,088.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 2.6 | 10.2 | 20.0 | — | |
| + Proceeds from Borrowings | 757.7 | 502.8 | 27.7 | — | |
| + Repayment of Borrowings | 216.7 | 315.7 | 326.9 | — | |
| + Payment of Lease Liabilities | 33.3 | 30.9 | 13.5 | — | |
| + Interest Paid | 174.3 | 209.2 | 170.7 | — | |
| + Dividends Paid | 86.2 | 43.1 | 86.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 125.3 | 25.0 | — | |
| Cash from Financing Activities | 249.8 | 39.3 | -524.7 | — | |
| Net Changes in Cash (pre-FX) | 93.1 | -40.8 | 10.1 | — | |
| + Effect of FX Rate Changes on Cash | 0.2 | 1.4 | 3.0 | — | |
| Net Changes in Cash | 93.3 | -39.4 | 13.1 | — | |
| Closing Cash | 138.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 777.5 | 1,055.3 | 1,777.7 | 2,416.0 | |
| EBITDA Margin % | 15.42 | 19.00 | 26.09 | 27.33 | |
| Free Cash Flow (CFO − Capex) | -12.6 | -39.4 | 553.6 | 553.6 | |
| Free Cash Flow to Equity | — | -62.5 | 87.3 | — | |
| Free Cash Flow per Basic Share | -0.23 | -0.73 | 10.25 | 10.25 | |
| Price to Free Cash Flow | — | — | — | 189.44 | |
| Cash Flow to Net Income | 4.10 | 1.68 | 1.82 | — | |
| Cash Paid for Taxes | 104.6 | 137.5 | 293.9 | — | |
| Cash Paid for Interest | 174.3 | 209.2 | 170.7 | — | |