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 | 0.0 | 5.9 | 6.9 | — | |
| + Impairment Loss / (Reversal) | -43.9 | 0.0 | -0.4 | — | |
| + Finance Costs | 161.5 | 33.4 | 0.0 | — | |
| + Interest Income | 0.0 | -28.5 | 23.0 | — | |
| + Dividend Income | 0.0 | 0.0 | -47.6 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -13.0 | 0.0 | — | |
| + Share-based Payments | 0.0 | 16.6 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -41.9 | — | |
| + Other Non-cash Items | 0.0 | -19.7 | 89.8 | — | |
| + Other Reconciling Items | 0.0 | -4.6 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -0.6 | 0.1 | 0.0 | — | |
| + Trade Receivables — Current | 0.0 | -56.5 | -580.9 | — | |
| + Trade Receivables — Non-current | -341.8 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | 5.7 | — | |
| + Other Financial Assets — Non-current | 27.3 | 8.1 | 0.0 | — | |
| + Other Current Assets | 0.0 | -196.3 | -156.5 | — | |
| + Other Non-current Assets | -85.2 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 112.6 | 177.8 | — | |
| + Trade Payables — Non-current | -39.7 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 3.2 | — | |
| + Other Current Liabilities | -6.4 | 1.6 | 263.3 | — | |
| + Other Non-current Liabilities | 205.4 | 158.6 | 0.0 | — | |
| + Provisions — Current | -47.2 | -20.6 | 76.8 | — | |
| + Provisions — Non-current | 0.0 | 54.8 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 330.1 | 384.4 | 487.9 | 601.9 | |
| + Total Adjustments (incl. Working Capital) | -170.6 | 52.5 | -181.5 | — | |
| Cash from Operations (pre-tax) | 159.5 | 436.9 | 306.4 | — | |
| + Income Taxes Paid | 26.0 | 81.7 | 99.7 | — | |
| Cash from Operating Activities | 133.5 | 355.2 | 206.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 11.9 | 4.5 | 5.2 | — | |
| + Disp of Fixed Assets | 0.0 | 0.5 | 0.0 | — | |
| + Disp of Intangible Assets | 43.8 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 2.0 | — | |
| + Disp of Investment Property | 0.9 | 0.0 | 0.3 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 10.8 | 0.0 | — | |
| + Dividends Received — Investing | 12.2 | 2.3 | 1.3 | — | |
| + Interest Received — Investing | 14.0 | 21.6 | 45.3 | — | |
| + Other Inflows / (Outflows) — Investing | 25.1 | -151.7 | -60.1 | — | |
| Cash from Investing Activities | 84.1 | -121.0 | -20.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 6.3 | — | |
| + Proceeds from Borrowings | 147.6 | 80.8 | 0.0 | — | |
| + Repayment of Borrowings | 81.6 | 9.4 | 142.1 | — | |
| + Payment of Lease Liabilities | -2.5 | 4.1 | 1.5 | — | |
| + Interest Paid | 24.9 | 33.3 | 22.7 | — | |
| + Dividends Paid | 0.0 | 0.0 | 24.9 | — | |
| Cash from Financing Activities | 43.6 | 34.0 | -184.9 | — | |
| Net Changes in Cash (pre-FX) | 261.2 | 268.2 | 1.4 | — | |
| + Effect of FX Rate Changes on Cash | -1.9 | 9.6 | 66.0 | — | |
| Net Changes in Cash | 259.3 | 277.8 | 67.4 | — | |
| Closing Cash | 439.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 375.7 | 422.3 | 477.4 | 556.9 | |
| EBITDA Margin % | 13.15 | 12.82 | 12.10 | 11.53 | |
| Free Cash Flow (CFO − Capex) | 121.6 | 350.7 | 201.5 | 201.5 | |
| Free Cash Flow to Equity | — | 394.1 | 49.9 | — | |
| Free Cash Flow per Basic Share | 19.46 | 56.11 | 32.24 | 32.24 | |
| Price to Free Cash Flow | — | — | — | 68.46 | |
| Cash Flow to Net Income | 0.53 | 1.20 | 0.56 | — | |
| Cash Paid for Taxes | 26.0 | 81.7 | 99.7 | — | |
| Cash Paid for Interest | 24.9 | 33.3 | 22.7 | — | |