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 | 104.1 | 126.2 | 144.2 | — | |
| + Impairment Loss / (Reversal) | 2.9 | -9.0 | 2.3 | — | |
| + Finance Costs | 55.5 | 83.5 | 100.2 | — | |
| + Interest Income | -35.7 | -24.4 | -23.1 | — | |
| + Dividend Income | -0.1 | -0.1 | -0.1 | — | |
| + Fair Value (Gains) / Losses | 0.6 | -0.8 | 1.7 | — | |
| + Unrealised FX (Gain) / Loss | -0.1 | 0.4 | -0.5 | — | |
| + Other Non-cash Items | -3.9 | -1.0 | -6.5 | — | |
| + Other — Cash Effects are Investing / Financing | 0.4 | 3.1 | 2.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -424.1 | -289.7 | -249.5 | — | |
| + Trade Receivables — Current | 47.3 | -172.7 | -39.4 | — | |
| + Trade Receivables — Non-current | 7.1 | 12.8 | 6.1 | — | |
| + Other Financial Assets — Current | 4.7 | 0.1 | 1.2 | — | |
| + Other Financial Assets — Non-current | -1.5 | 2.0 | -0.6 | — | |
| + Other Current Assets | 25.8 | -48.7 | 11.2 | — | |
| + Other Non-current Assets | 0.6 | -0.8 | 0.8 | — | |
| + Trade Payables — Current | -53.7 | -65.4 | -107.1 | — | |
| + Other Financial Liabilities — Current | -2.8 | 4.3 | -8.3 | — | |
| + Other Current Liabilities | -30.1 | 17.8 | 6.3 | — | |
| + Other Non-current Liabilities | -2.0 | -0.0 | 7.4 | — | |
| + Provisions — Current | 0.9 | 13.4 | 2.9 | — | |
| + Provisions — Non-current | -7.6 | 1.4 | 11.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 528.8 | 324.1 | 365.4 | 362.8 | |
| + Total Adjustments (incl. Working Capital) | -311.8 | -347.8 | -136.7 | — | |
| Cash from Operations (pre-tax) | 217.0 | -23.7 | 228.7 | — | |
| + Income Taxes Paid | 116.7 | 82.7 | 40.8 | — | |
| Cash from Operating Activities | 100.3 | -106.4 | 187.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 355.7 | 297.9 | 182.4 | — | |
| + Acq of Intangible Assets | 0.8 | 1.7 | 0.5 | — | |
| + Disp of Fixed Assets | 1.0 | 1.7 | 1.0 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 3.0 | 3.7 | — | |
| + Purchase of Investments (Equity / Debt) | 35.0 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.2 | 0.5 | 0.1 | — | |
| + Acq of Interests in Joint Ventures | 2.5 | 44.8 | 0.0 | — | |
| + Dividends Received — Investing | 0.1 | 0.1 | 0.1 | — | |
| + Interest Received — Investing | 33.2 | 24.3 | 21.1 | — | |
| + Other Inflows / (Outflows) — Investing | 0.5 | -8.5 | -6.1 | — | |
| Cash from Investing Activities | -359.2 | -323.4 | -163.1 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 0.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 142.3 | 231.1 | 78.6 | — | |
| + Repayment of Borrowings | -354.9 | -280.3 | -99.7 | — | |
| + Payment of Lease Liabilities | 6.9 | 0.0 | 7.3 | — | |
| + Interest Paid | 57.3 | 27.4 | 99.0 | — | |
| + Dividends Paid | 169.7 | 6.9 | 87.6 | — | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | 82.4 | 0.0 | — | |
| Cash from Financing Activities | 263.3 | 394.8 | -15.6 | — | |
| Net Changes in Cash (pre-FX) | 4.4 | -34.9 | 9.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 76.4 | -0.1 | — | |
| Net Changes in Cash | 4.4 | 41.5 | 9.1 | — | |
| Closing Cash | 76.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 626.4 | 476.1 | 547.7 | 547.2 | |
| EBITDA Margin % | 10.18 | 6.99 | 7.19 | 7.18 | |
| Free Cash Flow (CFO − Capex) | -256.3 | -405.9 | 5.0 | 5.0 | |
| Free Cash Flow to Equity | — | 124.8 | 84.4 | — | |
| Free Cash Flow per Basic Share | -11.71 | -18.54 | 0.23 | 0.23 | |
| Price to Free Cash Flow | — | — | — | 1,148.03 | |
| Cash Flow to Net Income | 0.25 | -0.45 | 0.70 | — | |
| Cash Paid for Taxes | 116.7 | 82.7 | 40.8 | — | |
| Cash Paid for Interest | 57.3 | 27.4 | 99.0 | — | |