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 | 257.6 | 271.3 | 332.9 | — | |
| + Finance Costs | 151.6 | 165.9 | 210.3 | — | |
| + Interest Income | -8.1 | -5.0 | -4.8 | — | |
| + Fair Value (Gains) / Losses | -5.5 | -0.9 | -0.2 | — | |
| + Share-based Payments | 1.9 | 13.6 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -18.8 | -22.6 | -26.4 | — | |
| + Other Non-cash Items | 0.0 | -0.2 | 10.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -102.8 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -0.8 | -11.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -150.2 | -203.1 | 9.2 | — | |
| + Trade Receivables — Current | -37.5 | -190.1 | 211.4 | — | |
| + Other Financial Assets — Current | -11.0 | -23.5 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | -35.4 | 3.6 | — | |
| + Other Current Assets | -52.2 | -67.0 | -39.5 | — | |
| + Other Non-current Assets | 0.0 | -0.7 | -0.4 | — | |
| + Trade Payables — Current | 193.4 | 102.9 | 63.0 | — | |
| + Other Financial Liabilities — Current | 5.0 | 5.0 | 13.9 | — | |
| + Other Financial Liabilities — Non-current | 1.5 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 18.8 | -26.8 | — | |
| + Provisions — Current | 2.2 | -1.2 | 2.9 | — | |
| + Provisions — Non-current | 0.0 | -4.4 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 459.1 | 147.7 | 101.9 | 138.4 | |
| + Total Adjustments (incl. Working Capital) | 329.8 | 21.4 | 748.1 | — | |
| Cash from Operations (pre-tax) | 788.9 | 169.1 | 849.9 | — | |
| + Other Inflows / (Outflows) — Operating | -23.2 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 144.6 | 136.5 | 10.2 | — | |
| Cash from Operating Activities | 621.1 | 32.5 | 839.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 589.1 | 976.9 | 923.7 | — | |
| + Acq of Intangible Assets | 0.0 | 0.0 | 1.4 | — | |
| + Disp of Fixed Assets | 2.4 | 12.7 | 46.1 | — | |
| + Acq of Investment Property | 0.0 | 150.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 197.5 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 10.0 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 3.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 63.7 | 117.3 | 68.9 | — | |
| + Acq of Subsidiaries / Businesses (net) | 430.3 | 2.0 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 121.9 | 0.0 | — | |
| + Investment in Partnership Firms / LLPs | 0.0 | -0.0 | 0.0 | — | |
| + Interest Received — Investing | 8.7 | -2.3 | 8.5 | — | |
| + Other Inflows / (Outflows) — Investing | -35.4 | -3.0 | 10.8 | — | |
| Cash from Investing Activities | -1,117.5 | -916.4 | -928.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 11.6 | 134.4 | — | |
| + Proceeds from Other Equity Instruments | 1,048.9 | 0.0 | 67.6 | — | |
| + Proceeds from Borrowings | 512.1 | 1,278.8 | 994.3 | — | |
| + Repayment of Borrowings | 753.9 | 335.5 | 696.2 | — | |
| + Payment of Lease Liabilities | 13.9 | 28.1 | 37.9 | — | |
| + Interest Paid | 147.9 | 164.1 | 198.0 | — | |
| + Dividends Paid | 24.4 | 36.2 | 18.1 | — | |
| + Other Inflows / (Outflows) — Financing | 4.2 | 0.2 | -11.0 | — | |
| Cash from Financing Activities | 625.0 | 726.7 | 235.0 | — | |
| Net Changes in Cash (pre-FX) | 128.6 | -157.1 | 146.2 | — | |
| Net Changes in Cash | 128.6 | -157.1 | 146.2 | — | |
| Closing Cash | 173.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 840.0 | 559.6 | 642.7 | 712.6 | |
| EBITDA Margin % | 21.24 | 13.87 | 15.16 | 16.05 | |
| Free Cash Flow (CFO − Capex) | 31.9 | -944.3 | -85.3 | -85.3 | |
| Free Cash Flow to Equity | — | -214.1 | 38.9 | — | |
| Free Cash Flow per Basic Share | 1.76 | -52.04 | -4.70 | -4.70 | |
| Cash Flow to Net Income | 1.82 | 0.08 | 11.70 | — | |
| Cash Paid for Taxes | 144.6 | 136.5 | 10.2 | — | |
| Cash Paid for Interest | 147.9 | 164.1 | 198.0 | — | |