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 | 172.6 | 169.7 | 183.3 | — | |
| + Finance Costs | 101.4 | 91.5 | 79.8 | — | |
| + Share-based Payments | -3.0 | -0.5 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.6 | 1.0 | 3.7 | — | |
| + Undistributed Profits of Associates | -5.4 | -6.5 | -7.9 | — | |
| + Other Non-cash Items | -0.2 | 0.2 | 0.2 | — | |
| + Other — Cash Effects are Investing / Financing | -11.1 | -1.0 | -8.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -55.2 | -98.0 | -180.0 | — | |
| + Trade Receivables — Current | -139.1 | -80.3 | -290.1 | — | |
| + Other Current Assets | -28.3 | -77.4 | -70.1 | — | |
| + Trade Payables — Current | 37.9 | 7.1 | -4.7 | — | |
| + Other Current Liabilities | -13.8 | 3.4 | 9.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 431.0 | 529.0 | 638.2 | 666.5 | |
| + Total Adjustments (incl. Working Capital) | 67.3 | 22.4 | -268.7 | — | |
| Cash from Operations (pre-tax) | 498.3 | 551.4 | 369.5 | — | |
| + Income Taxes Paid | 92.0 | 120.9 | 136.3 | — | |
| Cash from Operating Activities | 406.2 | 430.5 | 233.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 180.8 | 195.8 | 452.9 | — | |
| + Disp of Fixed Assets | 25.5 | 40.1 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 1.5 | 1.7 | 2.7 | — | |
| + Other Inflows / (Outflows) — Investing | -30.2 | 10.8 | 9.3 | — | |
| Cash from Investing Activities | -187.0 | -146.6 | -446.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 9.7 | 0.0 | 784.1 | — | |
| + Repayment of Borrowings | 65.6 | 98.1 | 7.1 | — | |
| + Payment of Lease Liabilities | 10.5 | 12.1 | 14.5 | — | |
| + Interest Paid | 101.4 | 91.5 | 79.8 | — | |
| + Dividends Paid | 29.4 | 47.0 | 58.9 | — | |
| Cash from Financing Activities | -197.3 | -248.7 | 623.9 | — | |
| Net Changes in Cash (pre-FX) | 21.9 | 35.2 | 410.9 | — | |
| Net Changes in Cash | 21.9 | 35.2 | 410.9 | — | |
| Closing Cash | 91.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 690.8 | 785.0 | 892.1 | 921.6 | |
| EBITDA Margin % | 13.84 | 14.38 | 14.61 | 14.30 | |
| Free Cash Flow (CFO − Capex) | 225.4 | 234.7 | -219.6 | -219.6 | |
| Free Cash Flow to Equity | — | 45.1 | -306.5 | — | |
| Free Cash Flow per Basic Share | 4.57 | 4.75 | -4.45 | -4.45 | |
| Cash Flow to Net Income | 1.29 | 1.09 | 0.49 | — | |
| Cash Paid for Taxes | 92.0 | 120.9 | 136.3 | — | |
| Cash Paid for Interest | 101.4 | 91.5 | 79.8 | — | |