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 | 113.8 | 140.1 | 153.0 | — | |
| + Finance Costs | 59.1 | 73.8 | 64.0 | — | |
| + Interest Income | -3.4 | -3.8 | -7.9 | — | |
| + Dividend Income | -3.6 | -0.0 | -0.0 | — | |
| + Share-based Payments | 5.1 | 3.5 | 3.7 | — | |
| + Other Non-cash Items | 8.6 | 1.3 | 15.5 | — | |
| + Other Reconciling Items | 0.4 | 0.3 | -2.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -65.1 | -296.6 | -90.2 | — | |
| + Trade Receivables — Current | -162.1 | -206.0 | -21.9 | — | |
| + Other Financial Assets — Current | -37.9 | -27.2 | 55.5 | — | |
| + Other Financial Assets — Non-current | 18.6 | 34.9 | -0.5 | — | |
| + Trade Payables — Current | -7.7 | 64.7 | 13.6 | — | |
| + Other Financial Liabilities — Current | 23.4 | 16.4 | 48.9 | — | |
| + Other Current Liabilities | -36.7 | 187.8 | -109.7 | — | |
| + Provisions — Current | 0.8 | -0.6 | 1.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 342.0 | 464.6 | 799.7 | 1,097.5 | |
| + Total Adjustments (incl. Working Capital) | -86.6 | -11.3 | 122.5 | — | |
| Cash from Operations (pre-tax) | 255.4 | 453.2 | 922.2 | — | |
| + Income Taxes Paid | 72.6 | 90.4 | 179.6 | — | |
| Cash from Operating Activities | 182.9 | 362.9 | 742.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 252.2 | 180.9 | 244.6 | — | |
| + Disp of Fixed Assets | 13.1 | 7.5 | 6.1 | — | |
| + Disp of Investment Property | 0.1 | 0.0 | 0.1 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 38.9 | — | |
| + Dividends Received — Investing | 3.6 | 0.0 | 3.6 | — | |
| + Interest Received — Investing | 4.5 | 3.8 | 8.4 | — | |
| + Other Inflows / (Outflows) — Investing | -11.5 | -1.8 | -1.2 | — | |
| Cash from Investing Activities | -242.4 | -171.5 | -266.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 9.0 | 8.8 | — | |
| + Proceeds from Other Equity Instruments | 3.7 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 96.7 | 29.3 | -163.1 | — | |
| + Repayment of Borrowings | -37.2 | 135.7 | 135.7 | — | |
| + Payment of Lease Liabilities | 15.1 | 25.3 | 38.5 | — | |
| + Interest Paid | 58.7 | 74.6 | 64.0 | — | |
| + Dividends Paid | 40.1 | 40.1 | 53.5 | — | |
| Cash from Financing Activities | 23.7 | -237.4 | -446.2 | — | |
| Net Changes in Cash (pre-FX) | -35.8 | -46.1 | 30.1 | — | |
| Net Changes in Cash | -35.8 | -46.1 | 30.1 | — | |
| Closing Cash | 86.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 506.1 | 673.6 | 1,021.5 | 1,370.4 | |
| EBITDA Margin % | 3.27 | 3.94 | 4.87 | 5.11 | |
| Free Cash Flow (CFO − Capex) | -69.3 | 181.9 | 498.0 | 498.0 | |
| Free Cash Flow to Equity | — | 0.9 | 135.2 | — | |
| Free Cash Flow per Basic Share | -5.18 | 13.59 | 37.20 | 37.20 | |
| Price to Free Cash Flow | — | — | — | 118.92 | |
| Cash Flow to Net Income | 0.70 | 1.05 | 1.23 | — | |
| Cash Paid for Taxes | 72.6 | 90.4 | 179.6 | — | |
| Cash Paid for Interest | 58.7 | 74.6 | 64.0 | — | |