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 | 104.2 | 111.1 | 136.0 | — | |
| + Finance Costs | 102.7 | 117.2 | 123.2 | — | |
| + Interest Income | -12.1 | -2.2 | 0.0 | — | |
| + Share-based Payments | 4.7 | 4.6 | 7.3 | — | |
| + Other Non-cash Items | -473.0 | 0.0 | -0.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.2 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -0.6 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 37.0 | -45.8 | -209.4 | — | |
| + Trade Receivables — Current | -91.0 | -46.6 | -122.6 | — | |
| + Trade Payables — Current | -99.9 | 153.1 | 248.9 | — | |
| + Other Financial Liabilities — Current | 0.0 | 36.2 | -35.5 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -13.5 | — | |
| + Provisions — Current | -5.2 | -4.5 | -15.0 | — | |
| + Provisions — Non-current | -56.7 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 743.9 | 259.1 | 254.1 | 286.3 | |
| + Total Adjustments (incl. Working Capital) | -489.0 | 322.5 | 118.7 | — | |
| Cash from Operations (pre-tax) | 254.9 | 581.6 | 372.8 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -1.2 | — | |
| + Income Taxes Paid | 62.0 | 65.0 | 40.0 | — | |
| Cash from Operating Activities | 192.9 | 516.6 | 331.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 382.9 | 212.3 | 192.8 | — | |
| + Disp of Fixed Assets | 3.4 | 21.3 | 5.4 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 6.9 | 0.0 | — | |
| + Interest Received — Investing | 14.5 | 2.2 | 1.2 | — | |
| Cash from Investing Activities | -365.0 | -195.7 | -186.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.8 | 0.0 | 0.5 | — | |
| + Proceeds from Borrowings | 484.7 | 0.0 | 131.8 | — | |
| + Repayment of Borrowings | 166.7 | 220.5 | 133.3 | — | |
| + Payment of Lease Liabilities | 0.3 | 0.3 | 0.3 | — | |
| + Interest Paid | 102.6 | 117.2 | 123.1 | — | |
| + Dividends Paid | 15.7 | 15.7 | 19.6 | — | |
| + Other Inflows / (Outflows) — Financing | -29.3 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 171.0 | -353.7 | -144.1 | — | |
| Net Changes in Cash (pre-FX) | -1.1 | -32.8 | 1.3 | — | |
| Net Changes in Cash | -1.1 | -32.8 | 1.3 | — | |
| Closing Cash | 42.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 464.0 | 484.3 | 510.2 | 551.7 | |
| EBITDA Margin % | 10.65 | 10.94 | 9.84 | 10.02 | |
| Free Cash Flow (CFO − Capex) | -190.0 | 304.3 | 138.8 | 138.8 | |
| Free Cash Flow to Equity | — | -33.2 | 14.0 | — | |
| Free Cash Flow per Basic Share | -12.09 | 19.36 | 8.83 | 8.83 | |
| Price to Free Cash Flow | — | — | — | 42.33 | |
| Cash Flow to Net Income | 0.29 | 2.65 | 1.74 | — | |
| Cash Paid for Taxes | 62.0 | 65.0 | 40.0 | — | |
| Cash Paid for Interest | 102.6 | 117.2 | 123.1 | — | |