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 | 51.5 | 75.1 | 84.1 | — | |
| + Finance Costs | 37.8 | 58.5 | 48.3 | — | |
| + Interest Income | -33.5 | -18.5 | -21.1 | — | |
| + Dividend Income | -0.3 | -0.1 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -2.7 | -8.0 | -10.2 | — | |
| + Share-based Payments | 3.0 | 4.5 | 5.7 | — | |
| + Unrealised FX (Gain) / Loss | -6.9 | -0.8 | 3.8 | — | |
| + Other Non-cash Items | 5.3 | 0.8 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -377.6 | 182.4 | -165.3 | — | |
| + Trade Receivables — Current | -514.4 | -546.8 | -263.5 | — | |
| + Other Financial Assets — Current | -31.2 | -64.1 | -95.6 | — | |
| + Other Financial Assets — Non-current | -2.3 | 1.6 | 2.1 | — | |
| + Other Current Assets | -82.9 | -11.4 | -32.1 | — | |
| + Other Non-current Assets | -0.3 | -7.3 | 7.1 | — | |
| + Trade Payables — Current | 728.5 | 354.9 | 375.5 | — | |
| + Other Financial Liabilities — Current | -0.0 | 0.0 | 3.5 | — | |
| + Other Financial Liabilities — Non-current | 0.4 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | -1.3 | -8.8 | -17.7 | — | |
| + Other Non-current Liabilities | -0.1 | 2.9 | -0.2 | — | |
| + Provisions — Current | -2.1 | 1.1 | -1.7 | — | |
| + Provisions — Non-current | 3.0 | 2.0 | -1.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 166.4 | 237.1 | 445.4 | 519.0 | |
| + Total Adjustments (incl. Working Capital) | -226.1 | 17.9 | -78.3 | — | |
| Cash from Operations (pre-tax) | -59.7 | 255.0 | 367.1 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -17.8 | 11.7 | — | |
| + Income Taxes Paid | 54.0 | 60.7 | 89.2 | — | |
| Cash from Operating Activities | -113.6 | 176.5 | 289.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 324.9 | 236.5 | 183.5 | — | |
| + Acq of Intangible Assets | 12.8 | 8.6 | 8.2 | — | |
| + Disp of Fixed Assets | 0.0 | 72.6 | 16.5 | — | |
| + Disp of Investment Property | 45.9 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 230.0 | 0.0 | 264.4 | — | |
| + Loans & Advances Made | 0.0 | 10.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.3 | 0.1 | 0.0 | — | |
| + Interest Received — Investing | 35.8 | 16.8 | 19.9 | — | |
| + Other Inflows / (Outflows) — Investing | 457.5 | 60.5 | -322.1 | — | |
| Cash from Investing Activities | -28.2 | -105.2 | -742.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 978.2 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 1.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 8.0 | 13.5 | 0.0 | — | |
| + Proceeds from Borrowings | 232.0 | 59.5 | 0.0 | — | |
| + Repayment of Borrowings | 3.3 | 26.5 | 326.6 | — | |
| + Payment of Lease Liabilities | 7.0 | 13.3 | 11.3 | — | |
| + Interest Paid | 32.7 | 51.3 | 40.6 | — | |
| + Dividends Paid | 26.5 | 26.6 | 28.9 | — | |
| + Other Inflows / (Outflows) — Financing | 0.1 | 0.0 | -13.1 | — | |
| Cash from Financing Activities | 154.7 | -70.7 | 557.9 | — | |
| Net Changes in Cash (pre-FX) | 12.9 | 0.6 | 105.5 | — | |
| + Effect of FX Rate Changes on Cash | 0.8 | 1.9 | 4.8 | — | |
| Net Changes in Cash | 13.7 | 2.5 | 110.3 | — | |
| Closing Cash | 78.4 | 80.9 | 192.3 | — | |
| Reference Items | |||||
| EBITDA | 198.5 | 323.3 | 544.5 | 610.4 | |
| EBITDA Margin % | 6.29 | 8.54 | 11.30 | 11.17 | |
| Free Cash Flow (CFO − Capex) | -451.3 | -68.7 | 97.8 | 97.8 | |
| Free Cash Flow to Equity | — | -85.1 | -200.8 | — | |
| Free Cash Flow per Basic Share | -23.43 | -3.57 | 5.08 | 5.08 | |
| Price to Free Cash Flow | — | — | — | 315.31 | |
| Cash Flow to Net Income | -0.91 | 0.96 | 0.84 | — | |
| Cash Paid for Taxes | 54.0 | 60.7 | 89.2 | — | |
| Cash Paid for Interest | 32.7 | 51.3 | 40.6 | — | |