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 | 153.6 | 170.6 | 193.4 | — | |
| + Impairment Loss / (Reversal) | 0.0 | -2.3 | 0.0 | — | |
| + Finance Costs | 51.5 | 56.6 | 0.0 | — | |
| + Interest Income | -2.2 | -3.7 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -3.0 | -0.3 | -0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | -0.0 | -0.0 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | 7.7 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | 0.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -2.6 | -13.8 | — | |
| + Other Reconciling Items | 0.3 | 0.6 | -34.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -36.5 | -72.6 | -150.4 | — | |
| + Trade Receivables — Current | -102.2 | -100.4 | -266.7 | — | |
| + Other Financial Assets — Current | 20.6 | -0.6 | 0.8 | — | |
| + Other Financial Assets — Non-current | -3.5 | -5.4 | -23.5 | — | |
| + Other Current Assets | 12.7 | 1.0 | -3.5 | — | |
| + Trade Payables — Current | 78.5 | 40.7 | 251.1 | — | |
| + Other Financial Liabilities — Current | 20.2 | 0.0 | -12.3 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 33.8 | 0.0 | — | |
| + Other Current Liabilities | -18.7 | 12.6 | -3.6 | — | |
| + Provisions — Current | -6.0 | -5.2 | 8.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 150.2 | 184.6 | 255.7 | 270.6 | |
| + Total Adjustments (incl. Working Capital) | 161.6 | 113.1 | -60.6 | — | |
| Cash from Operations (pre-tax) | 311.8 | 297.7 | 195.1 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -1.9 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | -68.8 | — | |
| + Income Taxes Paid | 36.9 | 50.8 | 52.0 | — | |
| Cash from Operating Activities | 274.8 | 247.0 | 209.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 237.2 | 316.2 | 298.9 | — | |
| + Disp of Fixed Assets | 4.1 | 10.6 | 17.8 | — | |
| + Acq of Investment Property | 1.4 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 61.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | -11.5 | 2.7 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 0.0 | 3.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 4.9 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 2.1 | 3.9 | 2.5 | — | |
| + Other Inflows / (Outflows) — Investing | -1.6 | 0.0 | -4.1 | — | |
| Cash from Investing Activities | -239.0 | -290.2 | -221.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 167.9 | 307.1 | 242.7 | — | |
| + Repayment of Borrowings | 90.6 | 110.5 | 115.8 | — | |
| + Payment of Lease Liabilities | 24.4 | 26.3 | 15.8 | — | |
| + Interest Paid | 44.9 | 49.9 | 62.0 | — | |
| + Dividends Paid | 15.1 | 19.6 | 21.1 | — | |
| Cash from Financing Activities | -7.1 | 100.7 | 28.0 | — | |
| Net Changes in Cash (pre-FX) | 28.7 | 57.6 | 16.9 | — | |
| + Effect of FX Rate Changes on Cash | -2.1 | -9.6 | -47.0 | — | |
| Net Changes in Cash | 26.6 | 47.9 | -30.0 | — | |
| Closing Cash | 33.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 340.6 | 383.3 | 437.6 | 460.4 | |
| EBITDA Margin % | 9.67 | 9.87 | 9.02 | 8.95 | |
| Free Cash Flow (CFO − Capex) | 37.6 | -69.2 | -88.9 | -88.9 | |
| Free Cash Flow to Equity | — | 77.4 | -24.0 | — | |
| Free Cash Flow per Basic Share | 6.25 | -11.50 | -14.78 | -14.78 | |
| Cash Flow to Net Income | 2.49 | 1.74 | 1.06 | — | |
| Cash Paid for Taxes | 36.9 | 50.8 | 52.0 | — | |
| Cash Paid for Interest | 44.9 | 49.9 | 62.0 | — | |