In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | |
|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||
| + Depreciation & Amortisation | 103.8 | 134.9 | 153.1 | |
| + Finance Costs | 31.5 | 44.5 | — | |
| + Interest Income | -8.9 | -13.5 | — | |
| + Fair Value (Gains) / Losses | -18.0 | -31.7 | — | |
| + Share-based Payments | 0.0 | 3.1 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | -0.0 | — | |
| + Other Non-cash Items | -4.4 | -4.4 | — | |
| + Other Reconciling Items | -5.9 | -18.2 | — | |
| Changes in Working Capital | ||||
| + Inventories | -30.6 | 35.0 | -63.3 | |
| + Trade Receivables — Current | -77.8 | -92.0 | -55.3 | |
| + Other Financial Assets — Current | -5.0 | -12.9 | — | |
| + Other Financial Assets — Non-current | 0.4 | -7.5 | — | |
| + Trade Payables — Current | 11.2 | 5.8 | 14.7 | |
| + Other Financial Liabilities — Current | 44.5 | 21.1 | — | |
| + Provisions — Current | 0.5 | 0.6 | — | |
| Cash from Operating Activities | ||||
| Profit Before Tax (per I/S) | 575.8 | 548.4 | 519.5 | |
| + Total Adjustments (incl. Working Capital) | 41.2 | 64.8 | — | |
| Cash from Operations (pre-tax) | 617.0 | 613.2 | 514.2 | |
| + Income Taxes Paid | 147.2 | 130.1 | 125.6 | |
| Cash from Operating Activities | 469.8 | 483.1 | 388.6 | |
| Cash from Investing Activities | ||||
| + Acq of Fixed Assets (Capex) | 4.5 | 4.0 | — | |
| + Disp of Fixed Assets | 10.1 | 5.3 | 2.4 | |
| + Acq of Investment Property | 1,962.1 | 1,805.2 | — | |
| + Disp of Investment Property | 1,712.9 | 1,690.3 | — | |
| + Interest Received — Investing | 11.6 | 3.8 | 25.6 | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.3 | — | |
| Cash from Investing Activities | -231.9 | -109.5 | -15.9 | |
| Cash from Financing Activities | ||||
| + Proceeds from Exercise of Stock Options | 1.5 | 3.1 | — | |
| + Payment of Lease Liabilities | 87.8 | 112.5 | 129.6 | |
| + Interest Paid | 24.1 | 33.7 | 43.3 | |
| + Dividends Paid | 121.4 | 218.5 | 206.5 | |
| Cash from Financing Activities | -231.8 | -361.6 | -377.2 | |
| Net Changes in Cash (pre-FX) | 6.1 | 12.0 | — | |
| Net Changes in Cash | 6.1 | 12.0 | -4.5 | |
| Closing Cash | 9.7 | 21.7 | 17.2 | |
| Reference Items | ||||
| EBITDA | 670.8 | 658.1 | 642.6 | |
| EBITDA Margin % | 49.51 | 48.12 | 46.35 | |
| Free Cash Flow (CFO − Capex) | 465.3 | 479.1 | 388.6 | |
| Free Cash Flow to Equity | — | 445.3 | — | |
| Free Cash Flow per Basic Share | 19.17 | 19.72 | — | |
| Cash Flow to Net Income | 1.09 | 1.17 | 1.00 | |
| Cash Paid for Taxes | 147.2 | 130.1 | 125.6 | |
| Cash Paid for Interest | 24.1 | 33.7 | 43.3 | |