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 | 92.8 | 113.3 | 151.7 | — | |
| + Finance Costs | 47.9 | 72.3 | 74.0 | — | |
| + Fair Value (Gains) / Losses | -0.5 | 0.7 | 0.1 | — | |
| + Unrealised FX (Gain) / Loss | -1.7 | -2.5 | 8.2 | — | |
| + Undistributed Profits of Associates | 0.0 | -74.7 | 0.0 | — | |
| + Other Non-cash Items | -1.6 | 0.4 | -3.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -203.6 | 70.4 | -131.9 | — | |
| + Trade Receivables — Current | -46.3 | -116.0 | -166.9 | — | |
| + Other Financial Assets — Current | 16.1 | -21.2 | -34.2 | — | |
| + Other Financial Assets — Non-current | -3.8 | 1.6 | -3.3 | — | |
| + Other Current Assets | -105.0 | -4.9 | -4.7 | — | |
| + Other Non-current Assets | 0.3 | -2.6 | 17.3 | — | |
| + Trade Payables — Current | 144.9 | 117.7 | 213.7 | — | |
| + Other Financial Liabilities — Current | 4.9 | -37.0 | 8.0 | — | |
| + Other Current Liabilities | 101.7 | -74.7 | 93.2 | — | |
| + Provisions — Current | -3.9 | 26.9 | 14.0 | — | |
| + Provisions — Non-current | 6.6 | -18.7 | 16.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 101.1 | 103.0 | 168.5 | 186.5 | |
| + Total Adjustments (incl. Working Capital) | 48.8 | 200.3 | 252.3 | — | |
| Cash from Operations (pre-tax) | 149.8 | 303.3 | 420.8 | — | |
| + Interest Received — Operating | -0.4 | -1.8 | -1.0 | — | |
| + Dividends Received — Operating | -0.7 | -0.1 | -0.5 | — | |
| + Other Inflows / (Outflows) — Operating | -0.3 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 16.0 | -14.7 | 46.8 | — | |
| Cash from Operating Activities | 132.4 | 316.1 | 372.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 260.4 | -324.4 | 289.4 | — | |
| + Acq of Intangible Assets | 1.6 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 4.8 | 2.1 | 2.9 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | -6.3 | -2.7 | — | |
| + Dividends Received — Investing | 27.1 | -0.1 | 23.6 | — | |
| + Interest Received — Investing | 0.1 | -1.8 | 0.4 | — | |
| + Income Taxes (Paid) / Refund — Investing | 0.0 | -14.7 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | -14.7 | 0.0 | 0.2 | — | |
| Cash from Investing Activities | -244.7 | 333.0 | -265.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 233.1 | 382.1 | 432.6 | — | |
| + Repayment of Borrowings | 17.8 | -207.1 | 397.8 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 31.9 | — | |
| + Payment of Finance Lease Liabilities | 12.8 | — | — | — | |
| + Interest Paid | 40.6 | 0.0 | 61.8 | — | |
| + Dividends Paid | 25.2 | -32.7 | 32.7 | — | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | -14.7 | 0.0 | — | |
| Cash from Financing Activities | 136.7 | 636.6 | -91.6 | — | |
| Net Changes in Cash (pre-FX) | 24.4 | 1,285.7 | 15.8 | — | |
| + Effect of FX Rate Changes on Cash | -0.0 | 0.0 | 0.0 | — | |
| Net Changes in Cash | 24.3 | 1,285.7 | 15.8 | — | |
| Closing Cash | 31.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 230.4 | 279.4 | 405.1 | 433.0 | |
| EBITDA Margin % | 8.74 | 8.22 | 9.68 | 9.66 | |
| Free Cash Flow (CFO − Capex) | -129.6 | 640.5 | 83.1 | 83.1 | |
| Free Cash Flow to Equity | — | 815.5 | 56.2 | — | |
| Free Cash Flow per Basic Share | -138.67 | 685.23 | 88.93 | 88.93 | |
| Price to Free Cash Flow | — | — | — | 66.79 | |
| Cash Flow to Net Income | 1.19 | 2.26 | 2.16 | — | |
| Cash Paid for Taxes | 16.0 | -14.7 | 46.8 | — | |
| Cash Paid for Interest | 40.6 | 0.0 | 61.8 | — | |