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 | 270.2 | 326.5 | 360.3 | — | |
| + Impairment Loss / (Reversal) | 7.8 | 0.0 | 0.0 | — | |
| + Finance Costs | 357.1 | 403.2 | 386.8 | — | |
| + Interest Income | -50.0 | -45.2 | -43.0 | — | |
| + Dividend Income | -0.5 | -0.5 | -0.8 | — | |
| + Fair Value (Gains) / Losses | -35.6 | -0.6 | 8.1 | — | |
| + Share-based Payments | 4.4 | 3.0 | 2.1 | — | |
| + Unrealised FX (Gain) / Loss | -0.3 | -0.2 | 0.2 | — | |
| + Other Non-cash Items | 0.0 | -45.3 | -54.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -73.9 | -79.4 | — | |
| + Other Reconciling Items | -28.8 | -12.7 | 29.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 338.5 | 7.8 | -2.5 | — | |
| + Trade Receivables — Current | -31.8 | 27.4 | -83.1 | — | |
| + Other Current Assets | -29.3 | 55.8 | -17.1 | — | |
| + Other Non-current Assets | 0.0 | 27.3 | -28.4 | — | |
| + Trade Payables — Current | 46.7 | -45.3 | 8.4 | — | |
| + Other Current Liabilities | -28.9 | -456.3 | 292.3 | — | |
| + Other Non-current Liabilities | 0.0 | 602.5 | -79.7 | — | |
| + Provisions — Current | 16.1 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,642.9 | 1,595.1 | 2,031.7 | 2,116.9 | |
| + Total Adjustments (incl. Working Capital) | 835.6 | 773.3 | 699.3 | — | |
| Cash from Operations (pre-tax) | 2,478.5 | 2,368.4 | 2,731.0 | — | |
| + Income Taxes Paid | 316.8 | 284.9 | 305.3 | — | |
| Cash from Operating Activities | 2,161.7 | 2,083.6 | 2,425.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,673.6 | 2,617.3 | 1,396.8 | — | |
| + Disp of Fixed Assets | 0.5 | 2.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 0.6 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 50.0 | 0.0 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 0.0 | 8.4 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 41.9 | 0.0 | — | |
| + Loans & Advances Made | 12.9 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 46.7 | 13.6 | — | |
| + Dividends Received — Investing | 0.5 | 0.5 | 0.8 | — | |
| + Interest Received — Investing | 48.2 | 50.6 | 44.0 | — | |
| + Other Inflows / (Outflows) — Investing | -221.8 | 363.4 | -316.2 | — | |
| Cash from Investing Activities | -1,859.1 | -2,162.1 | -1,645.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 5.6 | 5.3 | 5.1 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 225.2 | 207.9 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 1,256.6 | — | |
| + Proceeds from Borrowings | 1,050.0 | 449.9 | 2,092.6 | — | |
| + Repayment of Borrowings | 884.7 | 292.8 | 1,335.4 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 7.1 | — | |
| + Interest Paid | 380.6 | 345.4 | 347.9 | — | |
| + Dividends Paid | 89.6 | 89.5 | 89.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 0.3 | — | |
| Cash from Financing Activities | -299.2 | -47.3 | -730.5 | — | |
| Net Changes in Cash (pre-FX) | 3.4 | -125.8 | 49.6 | — | |
| Net Changes in Cash | 3.4 | -125.8 | 49.6 | — | |
| Closing Cash | 99.5 | -27.1 | — | — | |
| Reference Items | |||||
| EBITDA | 2,176.8 | 2,161.2 | 2,637.1 | 2,714.3 | |
| EBITDA Margin % | 54.73 | 56.67 | 59.63 | 59.72 | |
| Free Cash Flow (CFO − Capex) | 488.1 | -533.7 | 1,028.9 | 1,028.9 | |
| Free Cash Flow to Equity | — | -828.0 | 1,313.7 | — | |
| Free Cash Flow per Basic Share | 13.65 | -14.92 | 28.77 | 28.77 | |
| Price to Free Cash Flow | — | — | — | 65.90 | |
| Cash Flow to Net Income | 1.62 | 1.59 | 1.56 | — | |
| Cash Paid for Taxes | 316.8 | 284.9 | 305.3 | — | |
| Cash Paid for Interest | 380.6 | 345.4 | 347.9 | — | |