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 | 165.8 | 204.3 | 229.5 | — | |
| + Finance Costs | 55.9 | 67.2 | 121.9 | — | |
| + Interest Income | -11.1 | -6.5 | -6.0 | — | |
| + Fair Value (Gains) / Losses | -1.3 | -19.7 | -4.8 | — | |
| + Share-based Payments | -1.0 | 0.1 | -0.2 | — | |
| + Unrealised FX (Gain) / Loss | -0.2 | -0.6 | 3.1 | — | |
| + Other Non-cash Items | 1.3 | 0.5 | 4.4 | — | |
| + Other Reconciling Items | 1.9 | 2.6 | 7.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | 45.7 | -53.9 | -127.4 | — | |
| + Trade Receivables — Current | -164.7 | -27.6 | -162.1 | — | |
| + Other Financial Assets — Current | -15.7 | 0.0 | 52.6 | — | |
| + Other Current Assets | 0.0 | -5.8 | 0.0 | — | |
| + Trade Payables — Current | -13.4 | 166.4 | 306.6 | — | |
| + Other Financial Liabilities — Current | 13.5 | 7.6 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | -19.1 | — | |
| + Provisions — Current | 3.8 | -31.7 | 6.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 308.5 | 335.7 | 383.5 | 549.7 | |
| + Total Adjustments (incl. Working Capital) | 80.6 | 302.8 | 412.2 | — | |
| Cash from Operations (pre-tax) | 389.0 | 638.5 | 795.6 | — | |
| + Income Taxes Paid | 102.2 | 94.1 | 120.0 | — | |
| Cash from Operating Activities | 286.9 | 544.3 | 675.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 252.0 | 350.1 | 394.4 | — | |
| + Disp of Fixed Assets | 1.0 | 8.0 | 29.8 | — | |
| + Acq of Investment Property | 0.0 | 2,271.4 | 666.1 | — | |
| + Disp of Investment Property | 635.1 | 1,198.3 | 643.3 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 1.5 | — | |
| + Loans & Advances Made | 4.0 | 1.0 | 0.0 | — | |
| + Interest Received — Investing | 11.5 | 7.6 | 5.8 | — | |
| + Other Inflows / (Outflows) — Investing | -274.9 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | 116.7 | -1,408.7 | -383.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 105.2 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 16.6 | — | |
| + Proceeds from Borrowings | 35.0 | 1,070.7 | 134.9 | — | |
| + Repayment of Borrowings | 239.5 | 74.3 | 271.5 | — | |
| + Payment of Lease Liabilities | 79.9 | 126.7 | 115.0 | — | |
| + Interest Paid | 43.8 | 48.3 | 102.1 | — | |
| + Dividends Paid | 30.4 | 33.0 | 35.3 | — | |
| Cash from Financing Activities | -358.5 | 788.5 | -267.2 | — | |
| Net Changes in Cash (pre-FX) | 45.1 | -75.8 | 25.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 1.6 | — | |
| Net Changes in Cash | 45.1 | -75.8 | 26.9 | — | |
| Closing Cash | 152.1 | 75.9 | 102.8 | — | |
| Reference Items | |||||
| EBITDA | 514.4 | 574.8 | 721.1 | 776.4 | |
| EBITDA Margin % | 11.06 | 11.37 | 11.66 | 11.68 | |
| Free Cash Flow (CFO − Capex) | 34.8 | 194.3 | 281.2 | 281.2 | |
| Free Cash Flow to Equity | — | 1,142.5 | 46.7 | — | |
| Free Cash Flow per Basic Share | 1.46 | 8.13 | 11.76 | 11.76 | |
| Price to Free Cash Flow | — | — | — | 59.42 | |
| Cash Flow to Net Income | 1.26 | 2.13 | 1.89 | — | |
| Cash Paid for Taxes | 102.2 | 94.1 | 120.0 | — | |
| Cash Paid for Interest | 43.8 | 48.3 | 102.1 | — | |