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 | 672.6 | 771.5 | 852.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 1.6 | 0.0 | — | |
| + Finance Costs | 302.3 | 376.0 | 278.0 | — | |
| + Interest Income | -26.2 | -44.4 | -42.7 | — | |
| + Fair Value (Gains) / Losses | -22.9 | -32.4 | -25.6 | — | |
| + Share-based Payments | 0.0 | 8.5 | 8.2 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 109.0 | 127.1 | — | |
| + Other Non-cash Items | -22.5 | -54.3 | 1.2 | — | |
| + Other — Cash Effects are Investing / Financing | -4.6 | 0.1 | -22.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -74.2 | 5.9 | -373.8 | — | |
| + Trade Receivables — Current | -168.7 | -204.3 | -305.7 | — | |
| + Other Current Assets | 72.7 | 20.8 | -54.3 | — | |
| + Other Non-current Assets | -23.2 | 40.4 | 0.0 | — | |
| + Trade Payables — Current | -14.2 | 109.5 | 124.3 | — | |
| + Other Financial Liabilities — Current | 82.5 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | -3.3 | 174.4 | — | |
| + Other Non-current Liabilities | 0.0 | 2.7 | 0.0 | — | |
| + Provisions — Current | 10.7 | 10.6 | 17.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,692.2 | 1,703.7 | 2,301.6 | 2,705.0 | |
| + Total Adjustments (incl. Working Capital) | 784.2 | 1,117.7 | 758.2 | — | |
| Cash from Operations (pre-tax) | 2,476.4 | 2,821.4 | 3,059.8 | — | |
| + Income Taxes Paid | 382.6 | 333.9 | 506.3 | — | |
| Cash from Operating Activities | 2,093.9 | 2,487.5 | 2,553.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2,216.9 | 1,231.5 | 1,815.3 | — | |
| + Disp of Fixed Assets | 15.2 | 9.2 | 8.8 | — | |
| + Purchase of Investments (Equity / Debt) | 135.4 | 269.2 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 111.5 | 0.0 | 166.1 | — | |
| + Government Grants Received | 0.0 | 35.6 | 34.0 | — | |
| + Interest Received — Investing | 26.5 | 35.5 | 21.4 | — | |
| + Income Taxes (Paid) / Refund — Investing | 0.0 | 0.0 | 10.8 | — | |
| + Other Inflows / (Outflows) — Investing | -28.2 | -63.6 | -1.9 | — | |
| Cash from Investing Activities | -2,227.3 | -1,484.0 | -1,597.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 1,037.6 | 680.2 | 688.7 | — | |
| + Repayment of Borrowings | 497.2 | 1,109.3 | 798.8 | — | |
| + Payment of Lease Liabilities | 37.2 | 35.2 | 39.2 | — | |
| + Interest Paid | 361.2 | 393.1 | 292.8 | — | |
| + Dividends Paid | 213.7 | 213.2 | 266.3 | — | |
| Cash from Financing Activities | -71.7 | -1,070.5 | -708.3 | — | |
| Net Changes in Cash (pre-FX) | -205.2 | -67.0 | 247.4 | — | |
| + Effect of FX Rate Changes on Cash | -3.5 | 1.7 | 9.1 | — | |
| Net Changes in Cash | -208.7 | -65.3 | 256.5 | — | |
| Closing Cash | -208.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 2,584.1 | 2,718.4 | 3,409.6 | 3,816.5 | |
| EBITDA Margin % | 19.67 | 18.50 | 21.60 | 22.45 | |
| Free Cash Flow (CFO − Capex) | -123.1 | 1,256.0 | 738.3 | 738.3 | |
| Free Cash Flow to Equity | — | 583.9 | 808.6 | — | |
| Free Cash Flow per Basic Share | -4.15 | 42.37 | 24.91 | 24.91 | |
| Price to Free Cash Flow | — | — | — | 101.14 | |
| Cash Flow to Net Income | 1.57 | 1.99 | 1.39 | — | |
| Cash Paid for Taxes | 382.6 | 333.9 | 506.3 | — | |
| Cash Paid for Interest | 361.2 | 393.1 | 292.8 | — | |