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 | 584.0 | 693.0 | 826.0 | — | |
| + Finance Costs | 619.0 | 953.0 | 1,180.0 | — | |
| + Interest Income | 0.0 | 0.0 | -279.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -1.0 | -140.0 | — | |
| + Share-based Payments | 48.0 | 13.0 | 78.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.2 | 9.0 | 0.0 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | -1.0 | — | |
| + Other Non-cash Items | -17.2 | 1.0 | -19.0 | — | |
| + Other — Cash Effects are Investing / Financing | -203.0 | -167.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -2,462.0 | -9,072.0 | -11,592.0 | — | |
| + Trade Receivables — Current | -348.0 | -95.0 | 210.0 | — | |
| + Other Financial Assets — Current | -130.0 | 0.0 | -244.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 60.0 | -8.0 | — | |
| + Other Current Assets | -481.0 | -224.0 | -217.0 | — | |
| + Trade Payables — Current | 238.0 | 3,034.0 | 7,776.0 | — | |
| + Other Financial Liabilities — Current | 91.0 | 663.0 | 1,138.0 | — | |
| + Other Financial Liabilities — Non-current | -21.0 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 582.0 | 350.0 | 1,773.0 | — | |
| + Provisions — Current | -5.0 | 52.0 | 44.0 | — | |
| + Provisions — Non-current | 64.0 | 27.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,622.0 | 4,534.0 | 6,800.0 | 7,747.0 | |
| + Total Adjustments (incl. Working Capital) | -1,441.0 | -3,704.0 | 527.0 | — | |
| Cash from Operations (pre-tax) | 3,181.0 | 830.0 | 7,327.0 | — | |
| + Interest Received — Operating | -249.0 | -288.0 | 0.0 | — | |
| + Income Taxes Paid | 1,173.0 | 1,090.0 | 1,737.0 | — | |
| Cash from Operating Activities | 1,759.0 | -548.0 | 5,590.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 691.0 | 494.0 | 902.0 | — | |
| + Disp of Fixed Assets | 20.0 | 0.0 | 25.0 | — | |
| + Disp of Investment Property | 0.0 | 24.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 1,251.0 | 17,797.0 | 28,769.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 18,398.0 | 26,635.0 | — | |
| + Disp of Interests in Joint Ventures | 1,420.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 249.0 | 288.0 | 227.0 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 132.0 | -150.0 | — | |
| Cash from Investing Activities | -253.0 | 551.0 | -2,934.0 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 236.0 | 6.0 | 0.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | 1.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 4,696.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 5,629.0 | 2,599.0 | 3,314.0 | — | |
| + Repayment of Borrowings | 0.0 | 378.0 | 2,632.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 700.0 | 865.0 | — | |
| + Interest Paid | 619.0 | 538.0 | 1,000.0 | — | |
| + Dividends Paid | 888.0 | 976.0 | 976.0 | — | |
| + Other Inflows / (Outflows) — Financing | -519.0 | 7.0 | 0.0 | — | |
| Cash from Financing Activities | -1,329.0 | 7.0 | -2,159.0 | — | |
| Net Changes in Cash (pre-FX) | 177.0 | 10.0 | 497.0 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | -31.0 | — | |
| Net Changes in Cash | 177.0 | 10.0 | 466.0 | — | |
| Closing Cash | 409.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 5,292.0 | 5,694.0 | 8,355.0 | 9,415.0 | |
| EBITDA Margin % | 10.36 | 9.42 | 9.54 | 10.19 | |
| Free Cash Flow (CFO − Capex) | 1,068.0 | -1,042.0 | 4,688.0 | 4,688.0 | |
| Free Cash Flow to Equity | — | 868.0 | 4,780.0 | — | |
| Free Cash Flow per Basic Share | 12.00 | -11.71 | 52.67 | 52.67 | |
| Price to Free Cash Flow | — | — | — | 94.99 | |
| Cash Flow to Net Income | 0.50 | -0.16 | 1.10 | — | |
| Cash Paid for Taxes | 1,173.0 | 1,090.0 | 1,737.0 | — | |
| Cash Paid for Interest | 619.0 | 538.0 | 1,000.0 | — | |