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 | 72.5 | 90.3 | 107.5 | — | |
| + Finance Costs | 46.5 | 52.4 | 47.7 | — | |
| + Interest Income | -7.4 | -4.1 | -5.3 | — | |
| + Fair Value (Gains) / Losses | -16.9 | 0.7 | 0.2 | — | |
| + Share-based Payments | 4.3 | 4.1 | 3.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | 0.0 | -0.4 | — | |
| + Other Non-cash Items | -0.3 | 0.0 | -1.5 | — | |
| + Other — Cash Effects are Investing / Financing | 4.5 | -3.4 | 2.6 | — | |
| + Other Reconciling Items | 0.0 | 1.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 42.9 | -34.3 | -12.4 | — | |
| + Trade Receivables — Current | -70.0 | -48.5 | 70.9 | — | |
| + Other Financial Assets — Current | -0.2 | -2.2 | 0.8 | — | |
| + Other Financial Assets — Non-current | -0.1 | -1.1 | -3.9 | — | |
| + Other Current Assets | -1.5 | 8.3 | 8.8 | — | |
| + Other Non-current Assets | 13.8 | -0.8 | -1.5 | — | |
| + Other Bank Balances | -3.2 | -6.2 | 5.6 | — | |
| + Trade Payables — Current | 191.5 | 72.1 | -2.1 | — | |
| + Other Financial Liabilities — Current | 7.6 | -62.8 | -59.8 | — | |
| + Other Financial Liabilities — Non-current | 1.5 | 2.5 | 2.7 | — | |
| + Other Current Liabilities | -4.2 | 9.3 | 13.4 | — | |
| + Other Non-current Liabilities | 2.7 | 0.5 | 0.0 | — | |
| + Provisions — Current | -0.4 | -0.6 | 2.7 | — | |
| + Provisions — Non-current | 1.2 | 0.8 | -2.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 142.8 | 85.2 | 108.7 | 147.0 | |
| + Total Adjustments (incl. Working Capital) | 284.6 | 78.3 | 176.6 | — | |
| Cash from Operations (pre-tax) | 427.4 | 163.5 | 285.2 | — | |
| + Income Taxes Paid | 34.0 | 22.3 | 38.5 | — | |
| Cash from Operating Activities | 393.4 | 141.2 | 246.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 161.5 | 83.4 | 55.6 | — | |
| + Disp of Fixed Assets | 4.5 | 3.6 | 5.9 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 3.8 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 19.2 | 0.8 | 0.7 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 11.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 4.3 | 10.4 | 0.0 | — | |
| + Loans & Advances Made | 3.6 | 5.3 | 0.0 | — | |
| + Loans & Advances Repaid | 7.0 | 1.4 | 1.3 | — | |
| + Interest Received — Investing | 7.2 | 4.5 | 4.5 | — | |
| Cash from Investing Activities | -122.9 | -71.8 | -54.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 13.0 | 3.0 | 2.0 | — | |
| + Buyback / Redemption of Own Shares | 155.4 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 219.8 | 102.2 | 128.8 | — | |
| + Repayment of Borrowings | 366.0 | 100.0 | 185.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 8.7 | 10.3 | — | |
| + Payment of Finance Lease Liabilities | 7.5 | — | — | — | |
| + Interest Paid | 47.0 | 51.8 | 46.6 | — | |
| + Dividends Paid | 12.7 | 12.3 | 12.3 | — | |
| Cash from Financing Activities | -356.0 | -67.6 | -124.1 | — | |
| Net Changes in Cash (pre-FX) | -85.5 | 1.8 | 68.5 | — | |
| Net Changes in Cash | -85.5 | 1.8 | 68.5 | — | |
| Closing Cash | 59.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 253.2 | 220.9 | 257.8 | 294.1 | |
| EBITDA Margin % | 9.77 | 8.31 | 9.24 | 10.02 | |
| Free Cash Flow (CFO − Capex) | 231.9 | 57.8 | 191.2 | 191.2 | |
| Free Cash Flow to Equity | — | -27.1 | 93.8 | — | |
| Free Cash Flow per Basic Share | 56.57 | 14.10 | 46.62 | 46.62 | |
| Price to Free Cash Flow | — | — | — | 11.96 | |
| Cash Flow to Net Income | 3.96 | 2.43 | 3.33 | — | |
| Cash Paid for Taxes | 34.0 | 22.3 | 38.5 | — | |
| Cash Paid for Interest | 47.0 | 51.8 | 46.6 | — | |