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 | 115.8 | 182.6 | 178.6 | — | |
| + Finance Costs | 68.6 | 120.5 | 95.2 | — | |
| + Interest Income | -9.1 | 0.0 | -12.4 | — | |
| + Fair Value (Gains) / Losses | -29.3 | -14.3 | -0.0 | — | |
| + Share-based Payments | 0.0 | 7.4 | 6.3 | — | |
| + Unrealised FX (Gain) / Loss | 0.4 | 0.0 | -1.0 | — | |
| + Other Non-cash Items | -22.7 | -12.0 | 4.5 | — | |
| + Other — Cash Effects are Investing / Financing | -52.2 | -15.1 | -10.7 | — | |
| + Other Reconciling Items | 2.7 | -42.0 | 20.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -18.7 | -1.3 | -24.5 | — | |
| + Trade Receivables — Current | -83.0 | 15.9 | -75.0 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Current | -6.8 | -9.8 | -2.5 | — | |
| + Other Financial Assets — Non-current | -16.1 | 9.6 | -2.0 | — | |
| + Other Current Assets | -32.2 | -64.7 | 20.0 | — | |
| + Other Non-current Assets | -3.6 | 0.1 | -0.5 | — | |
| + Other Bank Balances | 0.0 | -1.3 | 0.0 | — | |
| + Trade Payables — Current | 127.9 | -27.0 | 85.9 | — | |
| + Other Financial Liabilities — Current | 23.5 | -6.8 | -27.0 | — | |
| + Other Financial Liabilities — Non-current | 45.6 | -51.7 | -18.1 | — | |
| + Other Current Liabilities | -18.3 | 56.9 | 22.4 | — | |
| + Other Non-current Liabilities | -0.0 | 37.2 | 10.9 | — | |
| + Provisions — Current | 8.6 | -0.2 | 6.9 | — | |
| + Provisions — Non-current | 8.7 | 5.8 | -7.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 255.9 | 108.3 | 181.8 | 251.8 | |
| + Total Adjustments (incl. Working Capital) | 109.6 | 190.1 | 270.2 | — | |
| Cash from Operations (pre-tax) | 365.5 | 298.4 | 452.0 | — | |
| + Interest Received — Operating | 0.0 | -9.3 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -30.6 | -11.6 | — | |
| + Income Taxes Paid | 309.0 | 6.3 | 31.0 | — | |
| Cash from Operating Activities | 56.6 | 252.3 | 409.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 705.4 | 118.9 | 131.0 | — | |
| + Acq of Intangible Assets | 0.0 | 32.4 | 6.0 | — | |
| + Disp of Fixed Assets | 44.2 | 42.0 | 98.3 | — | |
| + Acq of Intangibles under Development | 4.2 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 1,416.5 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 1.3 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 113.5 | 3.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 340.5 | — | |
| + Acq of Interests in Joint Ventures | 307.5 | 50.9 | 30.0 | — | |
| + Loans & Advances Made | 0.0 | -2.6 | 0.0 | — | |
| + Loans & Advances Repaid | 28.8 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 8.8 | 9.1 | 11.9 | — | |
| + Other Inflows / (Outflows) — Investing | 442.6 | 7.5 | 9.5 | — | |
| Cash from Investing Activities | -1,909.1 | -28.8 | 296.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,141.5 | 0.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 719.9 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 144.9 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 83.2 | 134.5 | 620.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 48.9 | 55.2 | — | |
| + Payment of Finance Lease Liabilities | 40.5 | — | — | — | |
| + Interest Paid | 27.4 | 42.9 | 40.5 | — | |
| + Dividends Paid | 1.0 | 0.1 | -0.3 | — | |
| Cash from Financing Activities | 1,854.3 | -226.3 | -715.7 | — | |
| Net Changes in Cash (pre-FX) | 1.8 | -2.8 | -10.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 2.1 | — | |
| Net Changes in Cash | 1.8 | -2.8 | -8.1 | — | |
| Closing Cash | 1.8 | 41.3 | 33.1 | — | |
| Reference Items | |||||
| EBITDA | 300.5 | 249.9 | 393.4 | 427.0 | |
| EBITDA Margin % | 10.08 | 7.27 | 10.30 | 10.59 | |
| Free Cash Flow (CFO − Capex) | -648.8 | 101.1 | 272.3 | 272.3 | |
| Free Cash Flow to Equity | — | 239.2 | -322.6 | — | |
| Free Cash Flow per Basic Share | -59.41 | 9.25 | 24.93 | 24.93 | |
| Price to Free Cash Flow | — | — | — | 28.03 | |
| Cash Flow to Net Income | 0.31 | 2.61 | 2.54 | — | |
| Cash Paid for Taxes | 309.0 | 6.3 | 31.0 | — | |
| Cash Paid for Interest | 27.4 | 42.9 | 40.5 | — | |