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 | 27.1 | 29.6 | 51.1 | — | |
| + Finance Costs | 73.5 | 73.2 | 70.8 | — | |
| + Interest Income | -19.5 | -51.5 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -5.2 | -15.4 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.6 | -2.3 | -0.0 | — | |
| + Undistributed Profits of Associates | -2.6 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 24.3 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -2.3 | 0.0 | 17.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -78.5 | 0.4 | 81.1 | — | |
| + Trade Receivables — Current | -261.0 | -139.7 | 112.6 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -34.7 | — | |
| + Other Current Assets | 0.0 | -106.4 | 0.0 | — | |
| + Other Non-current Assets | 154.2 | 0.0 | -122.5 | — | |
| + Trade Payables — Current | -1.7 | -86.0 | 59.6 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | 94.5 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | -1.1 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -410.2 | — | |
| + Other Current Liabilities | -128.5 | 0.0 | 0.0 | — | |
| + Other Non-current Liabilities | 0.0 | -126.8 | 0.0 | — | |
| + Provisions — Current | 12.3 | 19.4 | 0.0 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 2.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 388.6 | 405.7 | 209.8 | 289.1 | |
| + Total Adjustments (incl. Working Capital) | -202.2 | -405.5 | -96.6 | — | |
| Cash from Operations (pre-tax) | 186.4 | 0.1 | 113.3 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -1.8 | 147.5 | — | |
| + Income Taxes Paid | 100.6 | 95.8 | -61.7 | — | |
| Cash from Operating Activities | 85.8 | -97.4 | 322.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 163.5 | 219.5 | -7.3 | — | |
| + Acq of Intangible Assets | 0.0 | 16.5 | 0.0 | — | |
| + Disp of Fixed Assets | 0.0 | 5.9 | -291.6 | — | |
| + Acq of Other Long-term Assets | 310.3 | 1,106.6 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 836.1 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 163.2 | 107.8 | 0.0 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 0.0 | 1.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 57.8 | — | |
| + Interest Received — Investing | 16.5 | 29.6 | 189.3 | — | |
| + Other Inflows / (Outflows) — Investing | 83.7 | 0.0 | 18.4 | — | |
| Cash from Investing Activities | -536.9 | -578.8 | -133.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 974.7 | 0.0 | 121.5 | — | |
| + Proceeds from Borrowings | 0.0 | 474.9 | 132.5 | — | |
| + Repayment of Borrowings | 183.4 | 12.5 | 50.0 | — | |
| + Payment of Lease Liabilities | 13.5 | 15.6 | 0.0 | — | |
| + Interest Paid | 47.0 | 63.7 | 154.2 | — | |
| + Dividends Paid | 6.4 | 10.8 | 49.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -52.5 | — | |
| Cash from Financing Activities | 724.4 | 372.4 | -51.7 | — | |
| Net Changes in Cash (pre-FX) | 273.3 | -303.9 | 137.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.3 | 0.2 | -0.7 | — | |
| Net Changes in Cash | 273.6 | -303.7 | 136.6 | — | |
| Closing Cash | 329.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 451.9 | 433.0 | 348.0 | 367.8 | |
| EBITDA Margin % | 11.73 | 11.20 | 10.92 | 11.24 | |
| Free Cash Flow (CFO − Capex) | -77.7 | -333.4 | 329.7 | 329.7 | |
| Free Cash Flow to Equity | — | 66.0 | 168.1 | — | |
| Free Cash Flow per Basic Share | -5.77 | -24.76 | 24.49 | 24.49 | |
| Price to Free Cash Flow | — | — | — | 35.01 | |
| Cash Flow to Net Income | 0.30 | -0.35 | 2.63 | — | |
| Cash Paid for Taxes | 100.6 | 95.8 | -61.7 | — | |
| Cash Paid for Interest | 47.0 | 63.7 | 154.2 | — | |