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 | 740.6 | 816.3 | 831.2 | — | |
| + Finance Costs | 448.5 | 421.6 | 340.8 | — | |
| + Interest Income | -11.9 | -10.4 | -5.2 | — | |
| + Fair Value (Gains) / Losses | 4.8 | -7.1 | -12.2 | — | |
| + Share-based Payments | 27.5 | 48.0 | 41.7 | — | |
| + Unrealised FX (Gain) / Loss | 48.3 | 31.6 | 184.3 | — | |
| + Other Non-cash Items | 22.1 | 72.6 | 188.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -531.8 | -197.1 | -798.1 | — | |
| + Trade Receivables — Current | -391.4 | -233.5 | 217.2 | — | |
| + Other Financial Assets — Current | 18.9 | -26.4 | -22.7 | — | |
| + Other Financial Assets — Non-current | 0.7 | 0.1 | -19.6 | — | |
| + Other Current Assets | 20.8 | -36.5 | 6.6 | — | |
| + Other Non-current Assets | 2.4 | -7.2 | 13.8 | — | |
| + Trade Payables — Current | 404.3 | 18.2 | 778.0 | — | |
| + Other Financial Liabilities — Current | 29.8 | 74.8 | 12.4 | — | |
| + Other Financial Liabilities — Non-current | -5.0 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 183.2 | -108.3 | 314.4 | — | |
| + Other Non-current Liabilities | 22.7 | 20.8 | -7.9 | — | |
| + Provisions — Current | 4.4 | -0.7 | -0.6 | — | |
| + Provisions — Non-current | 6.8 | 8.1 | 33.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 119.8 | 341.7 | -233.3 | -162.7 | |
| + Total Adjustments (incl. Working Capital) | 1,045.4 | 885.0 | 2,096.0 | — | |
| Cash from Operations (pre-tax) | 1,165.2 | 1,226.7 | 1,862.7 | — | |
| + Other Inflows / (Outflows) — Operating | -3.8 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 156.8 | 334.4 | 210.2 | — | |
| Cash from Operating Activities | 1,004.5 | 892.3 | 1,652.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 712.0 | 664.4 | 890.0 | — | |
| + Disp of Fixed Assets | 1.6 | 5.3 | 13.4 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 2.2 | — | |
| + Purchase of Investments (Equity / Debt) | 1,670.7 | 1,872.4 | 991.7 | — | |
| + Sale of Investments (Equity / Debt) | 1,943.1 | 1,999.5 | 887.9 | — | |
| + Dividends Received — Investing | 22.1 | 46.3 | 37.7 | — | |
| + Interest Received — Investing | 0.0 | 0.0 | 5.6 | — | |
| + Other Inflows / (Outflows) — Investing | -18.0 | 8.3 | 108.7 | — | |
| Cash from Investing Activities | -434.0 | -477.5 | -826.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,050.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 2.8 | — | |
| + Buyback / Redemption of Own Shares | 14.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,660.7 | 4,659.9 | 1,887.4 | — | |
| + Repayment of Borrowings | 2,632.2 | 4,611.2 | 1,567.0 | — | |
| + Payment of Lease Liabilities | 24.9 | 36.7 | 47.3 | — | |
| + Interest Paid | 0.0 | 438.4 | 296.4 | — | |
| + Dividends Paid | 0.0 | 14.5 | 18.6 | — | |
| + Other Inflows / (Outflows) — Financing | -461.8 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -422.4 | -440.8 | -39.0 | — | |
| Net Changes in Cash (pre-FX) | 148.2 | -26.0 | 787.6 | — | |
| + Effect of FX Rate Changes on Cash | 17.8 | -10.9 | 6.4 | — | |
| Net Changes in Cash | 166.0 | -36.9 | 793.9 | — | |
| Closing Cash | 219.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,196.3 | 1,444.8 | 921.6 | 1,010.1 | |
| EBITDA Margin % | 14.64 | 15.79 | 10.39 | 10.97 | |
| Free Cash Flow (CFO − Capex) | 292.5 | 227.9 | 762.6 | 762.6 | |
| Free Cash Flow to Equity | — | -49.1 | 1,241.4 | — | |
| Free Cash Flow per Basic Share | 2.20 | 1.72 | 5.75 | 5.75 | |
| Price to Free Cash Flow | — | — | — | 36.89 | |
| Cash Flow to Net Income | 56.37 | 9.79 | -5.07 | — | |
| Cash Paid for Taxes | 156.8 | 334.4 | 210.2 | — | |
| Cash Paid for Interest | 0.0 | 438.4 | 296.4 | — | |