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 | 127.6 | 141.9 | 159.5 | — | |
| + Impairment Loss / (Reversal) | -0.9 | -2.1 | -2.2 | — | |
| + Finance Costs | 99.2 | 94.6 | 94.8 | — | |
| + Interest Income | -38.1 | -67.7 | -102.9 | — | |
| + Dividend Income | 0.4 | -0.3 | -0.1 | — | |
| + Fair Value (Gains) / Losses | -15.2 | -10.4 | -3.1 | — | |
| + Share-based Payments | 4.6 | 0.8 | 10.7 | — | |
| + Unrealised FX (Gain) / Loss | -2.2 | -10.2 | 36.2 | — | |
| + Other Non-cash Items | 12.4 | 11.6 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -25.7 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 3.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -10.3 | 4.2 | -13.6 | — | |
| + Trade Receivables — Current | -90.6 | -0.8 | -34.5 | — | |
| + Other Financial Assets — Current | 10.5 | -132.9 | -147.2 | — | |
| + Trade Payables — Current | 370.1 | 351.4 | 306.3 | — | |
| + Other Financial Liabilities — Current | 13.0 | 13.6 | 76.1 | — | |
| + Other Financial Liabilities — Non-current | -0.4 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 55.5 | 42.6 | -23.3 | — | |
| + Provisions — Current | -0.4 | -2.6 | 19.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 344.9 | 378.4 | 326.8 | 303.8 | |
| + Total Adjustments (incl. Working Capital) | 535.3 | 433.6 | 354.2 | — | |
| Cash from Operations (pre-tax) | 880.2 | 812.0 | 681.0 | — | |
| + Dividends Received — Operating | -0.4 | -0.3 | -0.1 | — | |
| + Income Taxes Paid | 50.9 | 94.4 | 37.9 | — | |
| Cash from Operating Activities | 828.9 | 717.2 | 643.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 104.3 | 117.0 | 126.0 | — | |
| + Disp of Fixed Assets | 4.9 | 8.7 | 49.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 3.0 | — | |
| + Dividends Received — Investing | 0.4 | 0.3 | 0.1 | — | |
| + Interest Received — Investing | 33.1 | 56.1 | 94.3 | — | |
| + Other Inflows / (Outflows) — Investing | -372.9 | -277.5 | -422.1 | — | |
| Cash from Investing Activities | -438.8 | -329.3 | -407.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 1.0 | 3.4 | 1.8 | — | |
| + Proceeds from Borrowings | 0.0 | 24.7 | 0.0 | — | |
| + Repayment of Borrowings | 124.5 | 28.2 | 13.5 | — | |
| + Payment of Lease Liabilities | 70.2 | 80.3 | 84.4 | — | |
| + Interest Paid | 76.5 | 69.5 | 65.2 | — | |
| + Dividends Paid | 21.0 | 33.1 | 28.0 | — | |
| Cash from Financing Activities | -291.2 | -183.0 | -189.2 | — | |
| Net Changes in Cash (pre-FX) | 98.9 | 204.9 | 46.0 | — | |
| + Effect of FX Rate Changes on Cash | 1.9 | 4.7 | 23.4 | — | |
| Net Changes in Cash | 100.8 | 209.5 | 69.4 | — | |
| Closing Cash | 585.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 435.5 | 476.7 | 427.6 | 394.1 | |
| EBITDA Margin % | 5.97 | 5.86 | 5.09 | 4.88 | |
| Free Cash Flow (CFO − Capex) | 724.6 | 600.3 | 517.0 | 517.0 | |
| Free Cash Flow to Equity | — | 551.3 | 488.6 | — | |
| Free Cash Flow per Basic Share | 15.40 | 12.76 | 10.99 | 10.99 | |
| Price to Free Cash Flow | — | — | — | 9.91 | |
| Cash Flow to Net Income | 3.06 | 2.78 | 2.92 | — | |
| Cash Paid for Taxes | 50.9 | 94.4 | 37.9 | — | |
| Cash Paid for Interest | 76.5 | 69.5 | 65.2 | — | |