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 | 103.7 | 121.8 | 150.9 | — | |
| + Finance Costs | 51.4 | 60.4 | 63.5 | — | |
| + Interest Income | -0.4 | -0.3 | -1.2 | — | |
| + Fair Value (Gains) / Losses | -42.2 | -32.2 | -13.8 | — | |
| + Share-based Payments | 1.1 | 1.5 | 1.0 | — | |
| + Unrealised FX (Gain) / Loss | -6.4 | 5.9 | -54.0 | — | |
| + Other Non-cash Items | -0.2 | 6.4 | 0.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | 39.1 | -56.8 | -82.9 | — | |
| + Trade Receivables — Current | -54.5 | -57.3 | -22.5 | — | |
| + Other Financial Assets — Current | 0.1 | 1.7 | 8.4 | — | |
| + Other Current Assets | -22.9 | -1.8 | -55.1 | — | |
| + Trade Payables — Current | 34.0 | 20.8 | -20.7 | — | |
| + Other Financial Liabilities — Non-current | -5.6 | 12.6 | -2.5 | — | |
| + Other Current Liabilities | 0.3 | 3.6 | 7.3 | — | |
| + Provisions — Current | 2.9 | -15.3 | 20.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 227.8 | 197.4 | 290.2 | 295.7 | |
| + Total Adjustments (incl. Working Capital) | 100.4 | 71.0 | -0.3 | — | |
| Cash from Operations (pre-tax) | 328.1 | 268.3 | 289.9 | — | |
| + Income Taxes Paid | 78.9 | 83.6 | 118.9 | — | |
| Cash from Operating Activities | 249.2 | 184.7 | 171.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 91.2 | 111.1 | 118.0 | — | |
| + Disp of Fixed Assets | 0.2 | 0.8 | 0.6 | — | |
| + Acq of Investment Property | 60.6 | 20.0 | 40.0 | — | |
| + Disp of Investment Property | 35.3 | 313.4 | 57.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 9.7 | — | |
| + Share of Profits — Partnership Firms / LLPs | 0.0 | -101.2 | 0.0 | — | |
| + Interest Received — Investing | 0.4 | 0.3 | 1.2 | — | |
| + Other Inflows / (Outflows) — Investing | 3.9 | -5.4 | 3.9 | — | |
| Cash from Investing Activities | -112.0 | 77.0 | -104.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 112.5 | 0.0 | — | |
| + Proceeds from Borrowings | 839.3 | 994.4 | 1,401.9 | — | |
| + Repayment of Borrowings | 862.7 | 983.0 | 1,367.8 | — | |
| + Payment of Lease Liabilities | 15.4 | 27.9 | 45.9 | — | |
| + Interest Paid | 51.8 | 59.5 | 64.0 | — | |
| + Dividends Paid | 31.1 | 36.1 | 44.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -13.4 | 0.0 | — | |
| Cash from Financing Activities | -121.7 | -238.0 | -120.2 | — | |
| Net Changes in Cash (pre-FX) | 15.5 | 23.7 | -54.1 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | 2.5 | 12.3 | — | |
| Net Changes in Cash | 15.4 | 26.2 | -41.8 | — | |
| Closing Cash | 115.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 323.0 | 333.4 | 396.6 | 443.6 | |
| EBITDA Margin % | 11.15 | 10.17 | 10.37 | 11.00 | |
| Free Cash Flow (CFO − Capex) | 158.0 | 73.7 | 53.0 | 53.0 | |
| Free Cash Flow to Equity | — | 47.4 | 116.9 | — | |
| Free Cash Flow per Basic Share | 11.52 | 5.37 | 3.87 | 3.87 | |
| Price to Free Cash Flow | — | — | — | 128.54 | |
| Cash Flow to Net Income | 1.49 | 1.86 | 0.94 | — | |
| Cash Paid for Taxes | 78.9 | 83.6 | 118.9 | — | |
| Cash Paid for Interest | 51.8 | 59.5 | 64.0 | — | |