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 | 290.5 | 303.7 | 312.9 | — | |
| + Finance Costs | 223.5 | 216.1 | 193.2 | — | |
| + Interest Income | 0.0 | -16.1 | -9.8 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -1.1 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.1 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | -15.5 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 2.5 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -16.5 | 0.0 | 5.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -62.8 | 2.5 | 52.2 | — | |
| + Trade Receivables — Current | -118.6 | 49.8 | -213.7 | — | |
| + Trade Receivables — Non-current | 1.9 | 1.9 | 0.7 | — | |
| + Other Financial Assets — Current | -3.1 | -10.4 | 3.2 | — | |
| + Other Financial Assets — Non-current | -4.2 | 26.2 | -11.5 | — | |
| + Other Current Assets | 36.9 | -33.1 | -28.8 | — | |
| + Other Non-current Assets | 0.6 | 1.1 | -0.5 | — | |
| + Trade Payables — Current | -212.6 | 182.3 | 240.7 | — | |
| + Trade Payables — Non-current | 26.6 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | -7.0 | 6.9 | — | |
| + Other Financial Liabilities — Non-current | -23.7 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | -134.8 | -34.6 | — | |
| + Other Non-current Liabilities | -0.0 | -0.0 | -0.0 | — | |
| + Provisions — Current | 1.9 | -6.6 | 0.7 | — | |
| + Provisions — Non-current | 18.0 | 18.0 | 14.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 324.8 | 5.3 | 50.6 | 70.1 | |
| + Total Adjustments (incl. Working Capital) | 161.0 | 577.1 | 531.3 | — | |
| Cash from Operations (pre-tax) | 485.7 | 582.4 | 581.9 | — | |
| + Interest Received — Operating | -4.9 | 0.0 | 0.0 | — | |
| + Dividends Received — Operating | -0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 61.5 | 12.6 | -13.7 | — | |
| Cash from Operating Activities | 419.3 | 569.8 | 595.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 142.6 | 174.0 | 396.7 | — | |
| + Disp of Fixed Assets | 0.4 | 4.6 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 5.0 | 5.8 | 9.8 | — | |
| + Other Inflows / (Outflows) — Investing | 1.3 | 1.2 | 0.1 | — | |
| Cash from Investing Activities | -136.0 | -162.4 | -386.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 303.1 | 150.6 | 484.1 | — | |
| + Repayment of Borrowings | 286.0 | 357.2 | 419.4 | — | |
| + Payment of Lease Liabilities | 6.5 | 5.4 | 3.8 | — | |
| + Interest Paid | 224.9 | 213.9 | 201.1 | — | |
| + Dividends Paid | 55.4 | 6.9 | 20.8 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -60.1 | 0.0 | — | |
| Cash from Financing Activities | -269.6 | -492.9 | -161.0 | — | |
| Net Changes in Cash (pre-FX) | 13.7 | -85.5 | 47.8 | — | |
| Net Changes in Cash | 13.7 | -85.5 | 47.8 | — | |
| Closing Cash | 45.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 769.8 | 427.8 | 480.8 | 494.2 | |
| EBITDA Margin % | 16.40 | 9.53 | 10.35 | 10.63 | |
| Free Cash Flow (CFO − Capex) | 276.7 | 395.8 | 198.8 | 198.8 | |
| Free Cash Flow to Equity | — | -22.0 | 4.3 | — | |
| Free Cash Flow per Basic Share | 39.99 | 57.19 | 28.73 | 28.73 | |
| Price to Free Cash Flow | — | — | — | 5.35 | |
| Cash Flow to Net Income | 2.01 | 152.76 | 2.40 | — | |
| Cash Paid for Taxes | 61.5 | 12.6 | -13.7 | — | |
| Cash Paid for Interest | 224.9 | 213.9 | 201.1 | — | |