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 | 656.0 | 711.2 | 882.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 2.6 | 7.0 | — | |
| + Finance Costs | 133.3 | 143.9 | 192.2 | — | |
| + Interest Income | -73.9 | 0.0 | -104.3 | — | |
| + Dividend Income | -1.1 | 0.0 | -3.0 | — | |
| + Fair Value (Gains) / Losses | -68.0 | -92.8 | -56.4 | — | |
| + Share-based Payments | 7.4 | 0.0 | 6.3 | — | |
| + Unrealised FX (Gain) / Loss | -4.2 | -10.1 | 116.2 | — | |
| + Undistributed Profits of Associates | -0.1 | 0.0 | -0.1 | — | |
| + Other Non-cash Items | 28.0 | 0.0 | 17.6 | — | |
| + Other Reconciling Items | 18.0 | 24.9 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 44.0 | -819.2 | -1,516.8 | — | |
| + Trade Receivables — Current | -114.5 | -82.9 | -95.8 | — | |
| + Other Financial Assets — Current | -20.5 | 19.1 | 1.5 | — | |
| + Other Financial Assets — Non-current | 6.9 | -0.4 | -27.4 | — | |
| + Other Current Assets | -237.1 | 33.7 | -463.9 | — | |
| + Other Non-current Assets | -5.4 | 4.5 | 1.4 | — | |
| + Trade Payables — Current | 833.9 | 560.4 | 1,844.6 | — | |
| + Other Financial Liabilities — Current | 10.9 | 7.0 | 11.1 | — | |
| + Other Financial Liabilities — Non-current | 11.2 | 42.0 | 35.0 | — | |
| + Other Current Liabilities | -195.5 | 88.7 | 45.2 | — | |
| + Provisions — Current | -1.1 | 2.2 | 3.9 | — | |
| + Provisions — Non-current | 3.1 | -2.9 | -4.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 939.8 | 1,241.1 | 1,462.3 | 1,542.6 | |
| + Total Adjustments (incl. Working Capital) | 1,031.6 | 631.8 | 892.6 | — | |
| Cash from Operations (pre-tax) | 1,971.4 | 1,872.9 | 2,354.9 | — | |
| + Interest Received — Operating | 0.0 | 125.4 | 0.0 | — | |
| + Dividends Received — Operating | 0.0 | -0.9 | 0.0 | — | |
| + Income Taxes Paid | 177.0 | 33.2 | 331.3 | — | |
| Cash from Operating Activities | 1,794.4 | 1,964.2 | 2,023.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,887.8 | 2,148.3 | 2,637.2 | — | |
| + Acq of Investment Property | 633.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 371.6 | 591.8 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 0.3 | — | |
| + Purchase of Investments (Equity / Debt) | 373.2 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 3.6 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 0.9 | 0.0 | — | |
| + Dividends Received — Investing | 1.1 | 0.9 | 3.0 | — | |
| + Interest Received — Investing | 83.7 | -128.5 | 106.2 | — | |
| + Other Inflows / (Outflows) — Investing | 51.3 | -1.0 | -2.8 | — | |
| Cash from Investing Activities | -2,761.6 | -1,904.5 | -1,939.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,379.1 | 42.5 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 291.5 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 1.3 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 0.0 | 120.0 | — | |
| + Proceeds from Borrowings | 252.2 | 305.6 | 256.4 | — | |
| + Repayment of Borrowings | 827.4 | 116.1 | 72.4 | — | |
| + Payment of Lease Liabilities | 0.5 | 1.6 | 53.6 | — | |
| + Interest Paid | 132.7 | 133.8 | 189.5 | — | |
| + Dividends Paid | 46.4 | 137.9 | 112.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 5.3 | 0.0 | — | |
| Cash from Financing Activities | 915.9 | -36.0 | -50.3 | — | |
| Net Changes in Cash (pre-FX) | -51.4 | 23.7 | 34.0 | — | |
| Net Changes in Cash | -51.4 | 23.7 | 34.0 | — | |
| Closing Cash | 39.4 | 63.1 | 97.1 | — | |
| Reference Items | |||||
| EBITDA | 1,570.0 | 1,865.5 | 2,333.0 | 2,518.7 | |
| EBITDA Margin % | 11.90 | 12.32 | 12.58 | 12.87 | |
| Free Cash Flow (CFO − Capex) | -93.4 | -184.2 | -613.7 | -613.7 | |
| Free Cash Flow to Equity | — | -125.9 | -601.3 | — | |
| Free Cash Flow per Basic Share | -3.36 | -6.62 | -22.05 | -22.05 | |
| Cash Flow to Net Income | 1.74 | 2.16 | 1.91 | — | |
| Cash Paid for Taxes | 177.0 | 33.2 | 331.3 | — | |
| Cash Paid for Interest | 132.7 | 133.8 | 189.5 | — | |