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 | 78.2 | 89.8 | 106.0 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 0.0 | — | |
| + Finance Costs | 245.5 | 195.6 | 137.4 | — | |
| + Interest Income | -68.7 | -93.6 | 0.0 | — | |
| + Other Non-cash Items | -2.6 | 74.7 | 5.1 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -1.9 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -0.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -636.1 | -1,872.5 | -1,590.8 | — | |
| + Trade Receivables — Current | 32.4 | -74.1 | -90.9 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | -1.3 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -555.7 | — | |
| + Other Financial Assets — Non-current | 29.9 | -207.7 | 367.2 | — | |
| + Other Current Assets | 0.0 | 0.0 | -9.0 | — | |
| + Other Non-current Assets | -154.4 | -116.3 | -90.0 | — | |
| + Trade Payables — Current | 37.7 | -44.6 | 268.5 | — | |
| + Other Financial Liabilities — Current | 0.0 | 87.7 | -4.8 | — | |
| + Other Financial Liabilities — Non-current | -280.9 | 0.0 | 81.6 | — | |
| + Other Current Liabilities | 1,367.3 | 2,182.2 | 1,932.3 | — | |
| + Provisions — Current | 2.0 | 3.5 | 10.8 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 10.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 74.2 | 133.0 | 260.2 | 310.8 | |
| + Total Adjustments (incl. Working Capital) | 650.4 | 224.7 | 575.1 | — | |
| Cash from Operations (pre-tax) | 724.6 | 357.7 | 835.3 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -175.5 | — | |
| + Income Taxes Paid | 77.2 | 157.7 | 230.0 | — | |
| Cash from Operating Activities | 647.4 | 199.9 | 429.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 124.7 | 131.2 | 208.5 | — | |
| + Disp of Fixed Assets | 1.0 | 1.1 | 3.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 0.5 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 5.0 | — | |
| + Interest Received — Investing | 36.3 | 72.7 | 157.9 | — | |
| + Other Inflows / (Outflows) — Investing | -387.5 | -1,122.4 | -44.1 | — | |
| Cash from Investing Activities | -474.9 | -1,179.9 | -97.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 1,984.2 | 0.7 | — | |
| + Proceeds from Borrowings | 664.5 | 736.5 | 516.9 | — | |
| + Repayment of Borrowings | 754.6 | 1,519.1 | 645.4 | — | |
| + Payment of Lease Liabilities | 7.4 | 8.3 | 3.5 | — | |
| + Interest Paid | 212.3 | 170.2 | 121.6 | — | |
| + Dividends Paid | 28.5 | 30.3 | 32.1 | — | |
| Cash from Financing Activities | -338.2 | 992.8 | -285.0 | — | |
| Net Changes in Cash (pre-FX) | -165.7 | 12.8 | 47.8 | — | |
| Net Changes in Cash | -165.7 | 12.8 | 47.8 | — | |
| Closing Cash | 113.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 277.0 | 294.3 | 310.4 | 364.3 | |
| EBITDA Margin % | 8.95 | 7.29 | 5.98 | 6.49 | |
| Free Cash Flow (CFO − Capex) | 522.7 | 68.7 | 221.4 | 221.4 | |
| Free Cash Flow to Equity | — | -884.2 | -28.7 | — | |
| Free Cash Flow per Basic Share | 48.88 | 6.42 | 20.70 | 20.70 | |
| Price to Free Cash Flow | — | — | — | 60.23 | |
| Cash Flow to Net Income | 13.18 | 2.11 | 2.22 | — | |
| Cash Paid for Taxes | 77.2 | 157.7 | 230.0 | — | |
| Cash Paid for Interest | 212.3 | 170.2 | 121.6 | — | |