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 | 141.2 | 166.2 | 347.2 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | -5.5 | — | |
| + Finance Costs | 36.9 | 48.1 | 164.9 | — | |
| + Interest Income | -4.1 | -4.2 | -18.3 | — | |
| + Fair Value (Gains) / Losses | -0.4 | -6.8 | 17.7 | — | |
| + Share-based Payments | 1.3 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.9 | -16.1 | 9.9 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -31.0 | — | |
| + Other — Cash Effects are Investing / Financing | -323.5 | -0.6 | 4.0 | — | |
| + Other Reconciling Items | 0.2 | 21.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 53.8 | -186.4 | 360.3 | — | |
| + Trade Receivables — Current | -96.5 | -123.7 | -28.8 | — | |
| + Other Financial Assets — Current | -0.2 | -37.8 | -6.6 | — | |
| + Other Current Assets | 5.6 | -200.8 | 355.8 | — | |
| + Other Bank Balances | 0.4 | -34.0 | 0.0 | — | |
| + Trade Payables — Current | 4.1 | 217.7 | -353.0 | — | |
| + Other Financial Liabilities — Current | 5.1 | 134.8 | -356.7 | — | |
| + Other Current Liabilities | -20.7 | 39.9 | -28.1 | — | |
| + Provisions — Current | 2.4 | 6.1 | -11.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 470.5 | 96.3 | 127.3 | 196.4 | |
| + Total Adjustments (incl. Working Capital) | -193.6 | 23.3 | 419.9 | — | |
| Cash from Operations (pre-tax) | 277.0 | 119.6 | 547.2 | — | |
| + Income Taxes Paid | 83.5 | 82.5 | 203.2 | — | |
| Cash from Operating Activities | 193.5 | 37.0 | 344.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 78.5 | 94.6 | 270.4 | — | |
| + Disp of Fixed Assets | 345.4 | 1.3 | 2.9 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 1.8 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 897.6 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 39.9 | — | |
| + Interest Received — Investing | 4.1 | 4.2 | 18.3 | — | |
| + Other Inflows / (Outflows) — Investing | 8.3 | -559.9 | 374.1 | — | |
| Cash from Investing Activities | 279.3 | -1,548.4 | 164.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 982.1 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 25.0 | 1.8 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 225.5 | — | |
| + Proceeds from Borrowings | 23.8 | 0.0 | 73.6 | — | |
| + Repayment of Borrowings | 396.9 | -1,651.0 | 316.0 | — | |
| + Payment of Lease Liabilities | 4.5 | 8.4 | 0.0 | — | |
| + Interest Paid | 35.0 | 44.5 | 124.1 | — | |
| + Dividends Paid | 33.3 | 9.2 | 35.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -54.4 | — | |
| Cash from Financing Activities | -445.9 | 2,595.9 | -680.2 | — | |
| Net Changes in Cash (pre-FX) | 26.8 | 1,084.5 | -171.4 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | -27.4 | 0.0 | — | |
| Net Changes in Cash | 26.8 | 1,057.1 | -171.4 | — | |
| Closing Cash | 47.2 | 1,104.3 | 932.9 | — | |
| Reference Items | |||||
| EBITDA | 316.4 | 381.0 | 589.9 | 656.3 | |
| EBITDA Margin % | 12.46 | 11.39 | 6.03 | 6.61 | |
| Free Cash Flow (CFO − Capex) | 115.0 | -57.5 | 73.6 | 73.6 | |
| Free Cash Flow to Equity | — | 1,541.7 | -16.2 | — | |
| Free Cash Flow per Basic Share | 14.65 | -7.33 | 9.38 | 9.38 | |
| Price to Free Cash Flow | — | — | — | 135.30 | |
| Cash Flow to Net Income | 0.54 | 0.62 | 8.43 | — | |
| Cash Paid for Taxes | 83.5 | 82.5 | 203.2 | — | |
| Cash Paid for Interest | 35.0 | 44.5 | 124.1 | — | |