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 | 436.6 | 494.3 | 540.7 | — | |
| + Finance Costs | 225.3 | 261.2 | 289.5 | — | |
| + Interest Income | -13.7 | -0.2 | -1.7 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.5 | 0.0 | — | |
| + Share-based Payments | 9.4 | 7.6 | 5.2 | — | |
| + Other Non-cash Items | 8.6 | 0.0 | -13.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -0.8 | — | |
| + Other Reconciling Items | -42.3 | -47.6 | -15.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -186.8 | -354.9 | -58.6 | — | |
| + Trade Receivables — Current | -53.8 | 18.4 | -21.7 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -3.3 | — | |
| + Other Current Assets | -40.1 | 0.0 | 0.0 | — | |
| + Other Non-current Assets | -40.5 | -100.8 | -52.0 | — | |
| + Trade Payables — Current | 154.2 | 270.8 | 220.4 | — | |
| + Provisions — Current | -5.2 | -1.5 | 0.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 104.5 | 7.0 | -53.0 | -51.1 | |
| + Total Adjustments (incl. Working Capital) | 451.7 | 547.9 | 889.2 | — | |
| Cash from Operations (pre-tax) | 556.2 | 554.9 | 836.3 | — | |
| + Income Taxes Paid | -5.1 | 6.4 | -1.4 | — | |
| Cash from Operating Activities | 561.3 | 548.5 | 837.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 175.9 | 182.4 | 138.8 | — | |
| + Disp of Fixed Assets | 2.6 | 3.3 | 4.5 | — | |
| + Acq of Other Long-term Assets | 0.0 | 215.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 215.7 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 540.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 540.6 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 3.0 | — | |
| + Loans & Advances Repaid | 0.0 | 3.7 | 0.0 | — | |
| + Interest Received — Investing | 1.5 | 0.2 | 1.7 | — | |
| + Other Inflows / (Outflows) — Investing | 60.4 | 5.6 | 0.0 | — | |
| Cash from Investing Activities | -111.4 | -169.0 | -129.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 2.6 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 9.7 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 80.1 | 185.0 | 35.0 | — | |
| + Repayment of Borrowings | 62.8 | 51.0 | 104.2 | — | |
| + Payment of Lease Liabilities | 281.6 | 529.4 | 583.3 | — | |
| + Interest Paid | 224.8 | 15.9 | 22.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.1 | 0.0 | 0.1 | — | |
| Cash from Financing Activities | -479.2 | -408.7 | -674.8 | — | |
| Net Changes in Cash (pre-FX) | -29.3 | -29.2 | 33.9 | — | |
| Net Changes in Cash | -29.3 | -29.2 | 33.9 | — | |
| Closing Cash | -39.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 717.0 | 708.4 | 744.1 | 759.9 | |
| EBITDA Margin % | 16.61 | 15.31 | 14.75 | 14.69 | |
| Free Cash Flow (CFO − Capex) | 385.4 | 366.1 | 698.9 | 698.9 | |
| Free Cash Flow to Equity | — | 516.3 | 572.1 | — | |
| Free Cash Flow per Basic Share | 34.99 | 33.25 | 63.47 | 63.47 | |
| Price to Free Cash Flow | — | — | — | 5.92 | |
| Cash Flow to Net Income | 7.27 | 50.37 | -23.21 | — | |
| Cash Paid for Taxes | -5.1 | 6.4 | -1.4 | — | |
| Cash Paid for Interest | 224.8 | 15.9 | 22.5 | — | |