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 | 217.3 | 345.7 | 372.8 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.5 | 0.0 | — | |
| + Finance Costs | 180.8 | 460.9 | 423.0 | — | |
| + Interest Income | 0.0 | -10.6 | -11.8 | — | |
| + Dividend Income | 0.0 | -8.7 | -10.2 | — | |
| + Fair Value (Gains) / Losses | -14.9 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -13.8 | -1.7 | 57.0 | — | |
| + Other Non-cash Items | -2.3 | 1.5 | 23.5 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -18.7 | -10.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -144.0 | -268.8 | 258.9 | — | |
| + Trade Receivables — Current | -322.9 | -80.5 | 427.6 | — | |
| + Other Financial Assets — Current | 0.0 | 27.3 | 16.9 | — | |
| + Other Financial Assets — Non-current | -47.7 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 693.0 | -197.8 | -216.1 | — | |
| + Other Financial Liabilities — Current | 0.0 | 112.3 | 41.9 | — | |
| + Other Non-current Liabilities | 113.5 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | 8.8 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 676.3 | 577.1 | 260.8 | 344.9 | |
| + Total Adjustments (incl. Working Capital) | 659.0 | 361.4 | 1,382.0 | — | |
| Cash from Operations (pre-tax) | 1,335.4 | 938.5 | 1,642.7 | — | |
| + Interest Received — Operating | -6.8 | 0.0 | 0.0 | — | |
| + Dividends Received — Operating | -7.6 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 215.6 | 178.0 | 66.7 | — | |
| Cash from Operating Activities | 1,105.4 | 760.5 | 1,576.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 535.8 | 773.8 | 726.5 | — | |
| + Disp of Fixed Assets | 2.9 | 9.5 | 1.4 | — | |
| + Purchase of Investments (Equity / Debt) | 6,029.1 | 6,023.9 | 7,994.5 | — | |
| + Sale of Investments (Equity / Debt) | 6,043.5 | 6,076.3 | 8,015.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 3,708.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 7.6 | 8.7 | 10.2 | — | |
| + Interest Received — Investing | 6.3 | 10.7 | 6.7 | — | |
| + Other Inflows / (Outflows) — Investing | -1.5 | 2.3 | 12.5 | — | |
| Cash from Investing Activities | -4,214.1 | -690.3 | -675.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 0.0 | 116.1 | 336.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 3.9 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 1,250.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 4,514.6 | 3,943.7 | 5,976.5 | — | |
| + Repayment of Borrowings | 1,961.6 | 3,389.7 | 6,581.6 | — | |
| + Payment of Lease Liabilities | 49.1 | 47.5 | 50.0 | — | |
| + Interest Paid | 165.5 | 475.1 | 444.3 | — | |
| + Dividends Paid | 207.6 | 207.6 | 226.5 | — | |
| Cash from Financing Activities | 3,380.8 | -63.9 | -989.9 | — | |
| Net Changes in Cash (pre-FX) | 272.1 | 6.2 | -89.0 | — | |
| Net Changes in Cash | 272.1 | 6.2 | -89.0 | — | |
| Closing Cash | 312.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,037.3 | 1,336.8 | 1,043.0 | 1,119.5 | |
| EBITDA Margin % | 16.16 | 15.91 | 12.74 | 13.10 | |
| Free Cash Flow (CFO − Capex) | 569.7 | -13.3 | 849.5 | 849.5 | |
| Free Cash Flow to Equity | — | 71.9 | -149.5 | — | |
| Free Cash Flow per Basic Share | 14.48 | -0.34 | 21.59 | 21.59 | |
| Price to Free Cash Flow | — | — | — | 15.54 | |
| Cash Flow to Net Income | 2.25 | 1.75 | 7.96 | — | |
| Cash Paid for Taxes | 215.6 | 178.0 | 66.7 | — | |
| Cash Paid for Interest | 165.5 | 475.1 | 444.3 | — | |