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 | 118.0 | 128.6 | 179.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 7.9 | — | |
| + Finance Costs | 68.4 | 79.0 | 105.4 | — | |
| + Interest Income | -8.1 | -4.3 | -6.0 | — | |
| + Dividend Income | -1.4 | -4.7 | -5.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -20.3 | -17.9 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | -0.3 | 1.5 | — | |
| + Other Non-cash Items | -1.5 | 0.0 | -5.7 | — | |
| + Other — Cash Effects are Investing / Financing | -18.2 | -17.9 | -9.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -67.2 | -86.3 | -50.5 | — | |
| + Trade Receivables — Current | -80.1 | -169.7 | -224.0 | — | |
| + Other Financial Assets — Current | 20.8 | 12.8 | -28.0 | — | |
| + Other Current Assets | -26.4 | -26.6 | -20.4 | — | |
| + Trade Payables — Current | 39.8 | 168.4 | 172.3 | — | |
| + Other Financial Liabilities — Current | 4.4 | 7.9 | 9.2 | — | |
| + Other Current Liabilities | 54.1 | -11.1 | 51.9 | — | |
| + Provisions — Current | 0.0 | 1.1 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 226.7 | 308.2 | 405.9 | 463.7 | |
| + Total Adjustments (incl. Working Capital) | 102.5 | 56.6 | 160.8 | — | |
| Cash from Operations (pre-tax) | 329.3 | 364.7 | 566.7 | — | |
| + Income Taxes Paid | 63.9 | 74.2 | 106.5 | — | |
| Cash from Operating Activities | 265.4 | 290.5 | 460.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 103.7 | 180.3 | 247.5 | — | |
| + Disp of Fixed Assets | 5.0 | 7.9 | 1.5 | — | |
| + Purchase of Investments (Equity / Debt) | 131.4 | 543.2 | 679.8 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 588.4 | 633.7 | — | |
| + Disp of Interests in Joint Ventures | 9.8 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 66.0 | 151.2 | 0.0 | — | |
| + Dividends Received — Investing | 1.4 | 4.7 | 5.0 | — | |
| + Interest Received — Investing | 8.2 | 5.0 | 5.7 | — | |
| + Other Inflows / (Outflows) — Investing | 27.6 | 52.6 | 1.1 | — | |
| Cash from Investing Activities | -249.2 | -216.1 | -280.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 110.4 | 493.1 | 439.9 | — | |
| + Repayment of Borrowings | 9.1 | 409.8 | 211.6 | — | |
| + Payment of Lease Liabilities | 0.0 | 20.5 | 27.9 | — | |
| + Payment of Finance Lease Liabilities | 17.9 | — | — | — | |
| + Interest Paid | 69.5 | 76.3 | 102.8 | — | |
| + Dividends Paid | 53.7 | 39.7 | 46.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -221.0 | — | |
| Cash from Financing Activities | -39.8 | -53.3 | -170.0 | — | |
| Net Changes in Cash (pre-FX) | -23.6 | 21.1 | 9.7 | — | |
| Net Changes in Cash | -23.6 | 21.1 | 9.7 | — | |
| Closing Cash | 51.0 | 72.2 | 81.9 | — | |
| Reference Items | |||||
| EBITDA | 368.1 | 464.8 | 658.5 | 723.8 | |
| EBITDA Margin % | 13.04 | 12.78 | 13.52 | 13.90 | |
| Free Cash Flow (CFO − Capex) | 161.6 | 110.2 | 212.6 | 212.6 | |
| Free Cash Flow to Equity | — | 122.0 | 342.1 | — | |
| Free Cash Flow per Basic Share | 23.72 | 16.17 | 31.20 | 31.20 | |
| Price to Free Cash Flow | — | — | — | 62.43 | |
| Cash Flow to Net Income | 1.59 | 1.27 | 1.36 | — | |
| Cash Paid for Taxes | 63.9 | 74.2 | 106.5 | — | |
| Cash Paid for Interest | 69.5 | 76.3 | 102.8 | — | |