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 | 21.6 | 27.4 | 31.8 | — | |
| + Impairment Loss / (Reversal) | 3.3 | 10.3 | 1.7 | — | |
| + Finance Costs | 30.2 | 51.5 | 60.3 | — | |
| + Interest Income | -45.8 | -95.4 | -90.5 | — | |
| + Fair Value (Gains) / Losses | -7.1 | -25.8 | -61.3 | — | |
| + Share-based Payments | 0.0 | 0.0 | 27.6 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | 0.0 | 0.2 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 10.0 | -4.8 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -3.6 | 0.0 | -8.8 | — | |
| + Other Reconciling Items | -12.2 | 0.0 | -1,267.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,197.4 | -1,520.8 | -1,137.4 | — | |
| + Trade Receivables — Current | -5.9 | -30.2 | -1.1 | — | |
| + Other Financial Assets — Current | -17.0 | 11.7 | -9.1 | — | |
| + Other Current Assets | -413.4 | -435.6 | -324.1 | — | |
| + Other Non-current Assets | -1.5 | -6.2 | -3.7 | — | |
| + Trade Payables — Current | -116.2 | 204.7 | 178.4 | — | |
| + Other Financial Liabilities — Current | -59.3 | 33.9 | 20.1 | — | |
| + Other Current Liabilities | 1,954.6 | 2,246.8 | 1,468.2 | — | |
| + Provisions — Non-current | 6.3 | 12.8 | 7.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4.5 | 105.1 | 1,310.2 | 1,243.7 | |
| + Total Adjustments (incl. Working Capital) | 146.9 | 480.3 | -1,107.5 | — | |
| Cash from Operations (pre-tax) | 151.4 | 585.4 | 202.7 | — | |
| + Income Taxes Paid | 59.0 | 84.7 | 77.0 | — | |
| Cash from Operating Activities | 92.4 | 500.7 | 125.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 35.9 | 44.7 | 26.5 | — | |
| + Disp of Fixed Assets | 7.9 | 6.3 | 13.7 | — | |
| + Disp of Investment Property | 2.0 | 23.5 | 30.0 | — | |
| + Acq of Other Long-term Assets | 29.7 | 0.0 | 11.9 | — | |
| + Disp of Other Long-term Assets | 9.6 | 0.0 | 1.7 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 264.7 | 0.0 | 2.9 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 19.4 | — | |
| + Loans & Advances Made | 157.1 | 100.5 | 201.4 | — | |
| + Loans & Advances Repaid | 38.6 | 126.7 | 722.2 | — | |
| + Interest Received — Investing | 36.5 | 89.7 | 158.9 | — | |
| + Other Inflows / (Outflows) — Investing | -95.7 | -55.4 | -224.9 | — | |
| Cash from Investing Activities | -488.6 | 45.7 | 478.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 603.0 | 0.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 27.5 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 1.9 | — | |
| + Proceeds from Borrowings | 1,554.8 | 1,398.0 | 2,417.7 | — | |
| + Repayment of Borrowings | 1,548.1 | 957.6 | 1,630.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 7.1 | 9.3 | — | |
| + Payment of Finance Lease Liabilities | 3.9 | — | — | — | |
| + Interest Paid | 210.5 | 292.7 | 360.8 | — | |
| Cash from Financing Activities | 367.9 | 140.7 | 415.3 | — | |
| Net Changes in Cash (pre-FX) | -28.3 | 687.0 | 1,019.3 | — | |
| Net Changes in Cash | -28.3 | 687.0 | 1,019.3 | — | |
| Closing Cash | 610.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | -27.8 | 44.0 | -47.9 | -125.6 | |
| EBITDA Margin % | -2.24 | 1.76 | -1.85 | -5.50 | |
| Free Cash Flow (CFO − Capex) | 56.5 | 456.0 | 99.2 | 99.2 | |
| Free Cash Flow to Equity | — | 611.4 | 313.3 | — | |
| Free Cash Flow per Basic Share | 4.02 | 32.45 | 7.06 | 7.06 | |
| Price to Free Cash Flow | — | — | — | 109.59 | |
| Cash Flow to Net Income | 5.66 | 4.95 | 0.11 | — | |
| Cash Paid for Taxes | 59.0 | 84.7 | 77.0 | — | |
| Cash Paid for Interest | 210.5 | 292.7 | 360.8 | — | |