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 | 193.7 | 206.5 | 202.0 | — | |
| + Impairment Loss / (Reversal) | 326.9 | -0.1 | 556.2 | — | |
| + Finance Costs | 64.2 | 42.6 | 37.0 | — | |
| + Interest Income | -4.1 | -5.3 | -1.9 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -1.0 | — | |
| + Share-based Payments | 0.0 | 2.8 | -1.7 | — | |
| + Unrealised FX (Gain) / Loss | 4.0 | 5.3 | 5.5 | — | |
| + Other Non-cash Items | 0.0 | -11.0 | -19.0 | — | |
| + Other — Cash Effects are Investing / Financing | 26.8 | -0.8 | -4.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 52.4 | -168.2 | -24.9 | — | |
| + Trade Receivables — Current | -77.1 | 89.6 | 21.0 | — | |
| + Other Financial Assets — Current | 5.4 | -3.2 | -0.3 | — | |
| + Other Financial Assets — Non-current | -5.8 | -0.5 | 3.1 | — | |
| + Other Current Assets | 50.3 | -3.5 | -17.0 | — | |
| + Other Non-current Assets | -0.9 | -0.3 | -0.3 | — | |
| + Trade Payables — Current | -263.9 | 49.1 | 48.8 | — | |
| + Other Financial Liabilities — Current | -2.3 | -5.4 | -17.5 | — | |
| + Other Current Liabilities | -3.5 | -17.1 | 9.1 | — | |
| + Other Non-current Liabilities | 7.1 | 0.8 | -0.5 | — | |
| + Provisions — Current | -1.9 | 1.5 | 0.9 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | -0.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -15.5 | 262.7 | -319.8 | -280.3 | |
| + Total Adjustments (incl. Working Capital) | 371.4 | 182.7 | 795.6 | — | |
| Cash from Operations (pre-tax) | 355.9 | 445.4 | 475.8 | — | |
| + Income Taxes Paid | 85.3 | 72.3 | 66.7 | — | |
| Cash from Operating Activities | 270.6 | 373.1 | 409.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 82.1 | 119.1 | 136.1 | — | |
| + Disp of Fixed Assets | 2.1 | 1.4 | 1.2 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 13.0 | — | |
| + Interest Received — Investing | 4.3 | 5.0 | 1.9 | — | |
| + Other Inflows / (Outflows) — Investing | -236.7 | -0.7 | -193.3 | — | |
| Cash from Investing Activities | -312.4 | -113.3 | -339.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,080.3 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 61.8 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 7.5 | 307.4 | 237.6 | — | |
| + Repayment of Borrowings | 1,148.7 | 420.8 | 203.8 | — | |
| + Payment of Lease Liabilities | 0.0 | 6.7 | 7.2 | — | |
| + Payment of Finance Lease Liabilities | 10.0 | — | — | — | |
| + Interest Paid | 46.2 | 41.4 | 12.8 | — | |
| + Dividends Paid | 51.6 | 51.6 | 51.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 28.8 | — | |
| Cash from Financing Activities | -230.5 | -213.1 | -8.9 | — | |
| Net Changes in Cash (pre-FX) | -272.4 | 46.7 | 60.8 | — | |
| Net Changes in Cash | -272.4 | 46.7 | 60.8 | — | |
| Closing Cash | 50.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 545.9 | 479.1 | 441.9 | 477.4 | |
| EBITDA Margin % | 14.44 | 13.04 | 10.99 | 11.72 | |
| Free Cash Flow (CFO − Capex) | 188.5 | 254.0 | 273.0 | 273.0 | |
| Free Cash Flow to Equity | — | 95.8 | 336.2 | — | |
| Free Cash Flow per Basic Share | 9.13 | 12.30 | 13.22 | 13.22 | |
| Price to Free Cash Flow | — | — | — | 28.64 | |
| Cash Flow to Net Income | -2.70 | 1.84 | -1.07 | — | |
| Cash Paid for Taxes | 85.3 | 72.3 | 66.7 | — | |
| Cash Paid for Interest | 46.2 | 41.4 | 12.8 | — | |