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 | 103.0 | 104.5 | 113.2 | — | |
| + Finance Costs | 96.7 | 89.9 | 72.2 | — | |
| + Interest Income | -5.7 | -9.8 | -9.9 | — | |
| + Dividend Income | 0.0 | -6.0 | -6.0 | — | |
| + Fair Value (Gains) / Losses | 0.2 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -0.1 | — | |
| + Other Reconciling Items | 0.4 | -0.1 | 0.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | 33.0 | -98.6 | -45.1 | — | |
| + Trade Receivables — Current | -32.3 | -23.1 | 16.5 | — | |
| + Other Financial Assets — Current | -8.6 | 5.9 | 0.0 | — | |
| + Other Financial Assets — Non-current | -18.7 | 3.8 | -9.2 | — | |
| + Other Current Assets | 7.6 | -36.9 | -64.6 | — | |
| + Other Non-current Assets | 10.5 | -5.1 | 0.0 | — | |
| + Trade Payables — Current | -38.8 | -47.6 | 68.1 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 27.4 | — | |
| + Other Current Liabilities | -11.0 | 49.6 | -6.2 | — | |
| + Other Non-current Liabilities | 0.6 | 2.0 | 0.0 | — | |
| + Provisions — Current | 1.5 | 7.4 | 5.9 | — | |
| + Provisions — Non-current | -0.3 | 1.5 | 6.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 181.5 | 211.5 | 299.2 | 303.8 | |
| + Total Adjustments (incl. Working Capital) | 138.2 | 37.4 | 169.3 | — | |
| Cash from Operations (pre-tax) | 319.6 | 248.9 | 468.5 | — | |
| + Income Taxes Paid | 75.3 | 61.5 | 78.4 | — | |
| Cash from Operating Activities | 244.4 | 187.4 | 390.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 125.5 | 80.1 | 127.7 | — | |
| + Disp of Fixed Assets | 0.0 | 0.1 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 11.1 | 24.9 | 4.9 | — | |
| + Loans & Advances Made | -47.6 | -2.3 | 5.5 | — | |
| + Dividends Received — Investing | 0.0 | 6.0 | 6.0 | — | |
| + Interest Received — Investing | 5.7 | 9.8 | 10.4 | — | |
| Cash from Investing Activities | -83.3 | -86.8 | -121.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 4.3 | 32.9 | 53.0 | — | |
| + Repayment of Borrowings | -117.0 | 132.4 | 149.0 | — | |
| + Payment of Lease Liabilities | 9.1 | 0.0 | 9.3 | — | |
| + Interest Paid | 91.0 | 84.5 | 69.0 | — | |
| + Dividends Paid | 0.0 | 9.2 | 13.5 | — | |
| Cash from Financing Activities | 21.2 | -193.2 | -187.8 | — | |
| Net Changes in Cash (pre-FX) | 182.3 | -92.6 | 80.7 | — | |
| Net Changes in Cash | 182.3 | -92.6 | 80.7 | — | |
| Closing Cash | 193.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 375.1 | 389.3 | 476.8 | 476.4 | |
| EBITDA Margin % | 10.98 | 11.01 | 12.10 | 11.92 | |
| Free Cash Flow (CFO − Capex) | 118.9 | 107.3 | 262.4 | 262.4 | |
| Free Cash Flow to Equity | — | -76.8 | 97.4 | — | |
| Free Cash Flow per Basic Share | 6.60 | 5.95 | 14.56 | 14.56 | |
| Price to Free Cash Flow | — | — | — | 23.80 | |
| Cash Flow to Net Income | 1.70 | 1.16 | 1.93 | — | |
| Cash Paid for Taxes | 75.3 | 61.5 | 78.4 | — | |
| Cash Paid for Interest | 91.0 | 84.5 | 69.0 | — | |