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 | 3.4 | 4.3 | 12.2 | — | |
| + Impairment Loss / (Reversal) | 11.8 | 25.5 | 42.2 | — | |
| + Finance Costs | 270.1 | 328.3 | 374.3 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -1.0 | -0.3 | 3.4 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | 0.8 | — | |
| + Other Reconciling Items | 2.5 | 4.6 | 4.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -799.7 | -1,057.4 | -1,014.8 | — | |
| + Other Financial Assets — Current | -3.4 | -0.3 | -16.1 | — | |
| + Other Current Assets | 0.0 | 0.0 | -27.3 | — | |
| + Trade Payables — Current | 50.0 | 2.7 | -28.1 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | -17.2 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 241.2 | 268.4 | 318.4 | 400.6 | |
| + Total Adjustments (incl. Working Capital) | -466.3 | -709.8 | -649.1 | — | |
| Cash from Operations (pre-tax) | -225.1 | -441.4 | -330.7 | — | |
| + Interest Paid — Operating | 270.1 | 328.3 | 374.3 | — | |
| + Other Inflows / (Outflows) — Operating | -2.1 | -3.2 | -5.2 | — | |
| + Income Taxes Paid | 72.5 | 68.9 | 72.6 | — | |
| Cash from Operating Activities | -569.8 | -841.8 | -782.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 3.7 | 12.8 | 15.2 | — | |
| + Disp of Fixed Assets | 0.1 | 0.1 | 0.0 | — | |
| + Disp of Investment Property | 6.2 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | 2.6 | -12.7 | -15.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 18.5 | 33.9 | — | |
| + Proceeds from Debentures / Notes / Bonds | 204.6 | 477.2 | 129.9 | — | |
| + Proceeds from Borrowings | 333.6 | 533.6 | 677.3 | — | |
| + Repayment of Borrowings | 0.0 | 81.0 | 7.0 | — | |
| + Dividends Paid | 4.5 | 9.0 | 9.1 | — | |
| + Other Inflows / (Outflows) — Financing | 18.9 | 5.5 | 18.2 | — | |
| Cash from Financing Activities | 552.6 | 944.7 | 843.2 | — | |
| Net Changes in Cash (pre-FX) | -14.5 | 90.2 | 45.2 | — | |
| Net Changes in Cash | -14.5 | 90.2 | 45.2 | — | |
| Closing Cash | 14.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 514.2 | 601.3 | 705.8 | 907.9 | |
| EBITDA Margin % | 78.05 | 77.99 | 74.79 | 75.41 | |
| Free Cash Flow (CFO − Capex) | -573.5 | -854.6 | -798.0 | -798.0 | |
| Free Cash Flow per Basic Share | -6.30 | -9.40 | -8.77 | -8.77 | |
| Cash Flow to Net Income | -3.18 | -4.21 | -3.30 | — | |
| Cash Paid for Taxes | 72.5 | 68.9 | 72.6 | — | |