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 | 526.2 | 614.9 | 703.6 | — | |
| + Impairment Loss / (Reversal) | 14.8 | 7.5 | 6.5 | — | |
| + Finance Costs | 113.0 | 170.4 | 187.0 | — | |
| + Interest Income | -4.4 | -5.4 | -8.1 | — | |
| + Fair Value (Gains) / Losses | 1.9 | 0.0 | 0.0 | — | |
| + Share-based Payments | 16.9 | 17.5 | 8.1 | — | |
| + Unrealised FX (Gain) / Loss | 3.4 | 0.0 | 3.2 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -6.7 | -0.3 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -4.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -306.0 | -25.0 | -414.3 | — | |
| + Trade Receivables — Current | -353.7 | -374.0 | -204.1 | — | |
| + Other Financial Assets — Current | -135.0 | -69.8 | -0.9 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | 12.5 | — | |
| + Other Current Assets | -0.4 | -0.7 | 0.0 | — | |
| + Other Non-current Assets | -81.0 | -98.7 | -121.8 | — | |
| + Trade Payables — Current | 293.4 | 82.0 | 407.7 | — | |
| + Other Financial Liabilities — Current | 33.3 | -48.9 | 38.3 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -6.2 | — | |
| + Other Current Liabilities | -1.6 | -14.0 | 20.3 | — | |
| + Other Non-current Liabilities | 93.5 | -54.1 | -52.2 | — | |
| + Provisions — Current | 0.1 | 128.2 | 141.5 | — | |
| + Provisions — Non-current | 33.7 | -43.3 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,006.4 | 1,126.3 | 1,367.5 | 1,371.0 | |
| + Total Adjustments (incl. Working Capital) | 248.2 | 280.1 | 716.3 | — | |
| Cash from Operations (pre-tax) | 1,254.6 | 1,406.4 | 2,083.8 | — | |
| + Income Taxes Paid | 275.2 | 334.9 | 363.4 | — | |
| Cash from Operating Activities | 979.3 | 1,071.5 | 1,720.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,049.3 | 1,655.7 | 1,572.4 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 55.7 | — | |
| + Acq of Investment Property | -38.3 | -7.4 | -113.1 | — | |
| + Disp of Investment Property | 16.5 | 12.3 | -113.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 14.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 10.0 | 51.2 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 2.0 | 63.3 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 16.3 | 0.0 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | -18.3 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 11.6 | 0.0 | 200.9 | — | |
| + Disp of Subsidiaries / Businesses (net) | 2.1 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 54.3 | 137.1 | 136.8 | — | |
| + Interest Received — Investing | 4.4 | 5.4 | 8.1 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | -79.4 | — | |
| Cash from Investing Activities | -953.4 | -1,530.1 | -1,651.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 4.2 | 1.1 | 145.6 | — | |
| + Payments — Change in Ownership of Subsidiaries | -14.6 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 547.1 | 959.4 | 574.7 | — | |
| + Repayment of Borrowings | 231.6 | 256.0 | 338.9 | — | |
| + Payment of Lease Liabilities | 28.1 | 0.0 | 28.4 | — | |
| + Interest Paid | 104.2 | 143.1 | 180.0 | — | |
| + Dividends Paid | 105.3 | 39.3 | 163.1 | — | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | 175.8 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | -4.3 | 18.8 | 0.0 | — | |
| Cash from Financing Activities | 92.4 | 365.2 | 9.9 | — | |
| Net Changes in Cash (pre-FX) | 118.4 | -93.4 | 78.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.9 | 1.4 | 0.8 | — | |
| Net Changes in Cash | 119.3 | -92.0 | 79.1 | — | |
| Closing Cash | 240.6 | 197.9 | 277.0 | — | |
| Reference Items | |||||
| EBITDA | 1,585.3 | 1,873.8 | 2,251.2 | 2,279.8 | |
| EBITDA Margin % | 11.30 | 11.17 | 11.45 | 11.00 | |
| Free Cash Flow (CFO − Capex) | -70.0 | -584.2 | 148.0 | 148.0 | |
| Free Cash Flow to Equity | — | -6.0 | 210.8 | — | |
| Free Cash Flow per Basic Share | -1.21 | -10.12 | 2.56 | 2.56 | |
| Price to Free Cash Flow | — | — | — | 477.60 | |
| Cash Flow to Net Income | 1.06 | 1.05 | 1.34 | — | |
| Cash Paid for Taxes | 275.2 | 334.9 | 363.4 | — | |
| Cash Paid for Interest | 104.2 | 143.1 | 180.0 | — | |