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 | 44.0 | 55.8 | 74.5 | — | |
| + Finance Costs | 80.4 | 94.5 | 115.7 | — | |
| + Interest Income | -20.9 | -37.5 | -40.2 | — | |
| + Unrealised FX (Gain) / Loss | -25.4 | 0.0 | 2.8 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -7.6 | — | |
| + Other — Cash Effects are Investing / Financing | 10.3 | 7.5 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 25.5 | -76.1 | -66.3 | — | |
| + Trade Receivables — Current | -146.1 | -422.6 | -84.6 | — | |
| + Other Current Assets | -93.8 | -321.7 | -594.4 | — | |
| + Trade Payables — Current | -29.6 | 210.5 | 244.5 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 412.4 | — | |
| + Other Current Liabilities | 46.1 | 147.4 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 385.8 | 491.2 | 560.1 | 550.0 | |
| + Total Adjustments (incl. Working Capital) | -109.6 | -339.5 | 56.8 | — | |
| Cash from Operations (pre-tax) | 276.3 | 151.7 | 616.9 | — | |
| + Income Taxes Paid | 72.2 | 151.4 | 187.1 | — | |
| Cash from Operating Activities | 204.1 | 0.3 | 429.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 92.3 | 162.6 | 335.5 | — | |
| + Disp of Fixed Assets | 2.3 | 2.6 | 8.4 | — | |
| + Interest Received — Investing | 20.9 | 37.5 | 40.2 | — | |
| + Other Inflows / (Outflows) — Investing | -304.1 | -70.1 | 60.4 | — | |
| Cash from Investing Activities | -373.2 | -192.6 | -226.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 344.2 | 0.0 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | -83.4 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 331.5 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 0.0 | 71.9 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 0.2 | — | |
| + Interest Paid | 79.9 | 93.8 | 112.5 | — | |
| + Dividends Paid | 3.0 | 3.2 | 4.0 | — | |
| + Other Inflows / (Outflows) — Financing | -1.5 | -2.1 | 0.0 | — | |
| Cash from Financing Activities | 176.5 | 232.5 | -188.6 | — | |
| Net Changes in Cash (pre-FX) | 7.4 | 40.2 | 14.7 | — | |
| Net Changes in Cash | 7.4 | 40.2 | 14.7 | — | |
| Closing Cash | 7.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 496.1 | 601.3 | 704.6 | 700.9 | |
| EBITDA Margin % | 11.79 | 11.49 | 11.62 | 10.97 | |
| Free Cash Flow (CFO − Capex) | 111.8 | -162.3 | 94.3 | 94.3 | |
| Free Cash Flow to Equity | — | 75.4 | -90.1 | — | |
| Free Cash Flow per Basic Share | 35.35 | -51.33 | 29.84 | 29.84 | |
| Price to Free Cash Flow | — | — | — | 79.70 | |
| Cash Flow to Net Income | 0.82 | 0.00 | 1.04 | — | |
| Cash Paid for Taxes | 72.2 | 151.4 | 187.1 | — | |
| Cash Paid for Interest | 79.9 | 93.8 | 112.5 | — | |