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 | 47.6 | 61.8 | 84.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | -33.4 | — | |
| + Finance Costs | 55.9 | 62.1 | 86.8 | — | |
| + Interest Income | -62.6 | -90.8 | -87.9 | — | |
| + Dividend Income | -10.3 | -9.6 | -2.7 | — | |
| + Fair Value (Gains) / Losses | -131.4 | -156.0 | -92.4 | — | |
| + Unrealised FX (Gain) / Loss | 1.5 | -10.1 | 55.8 | — | |
| + Other Non-cash Items | 229.2 | 5.6 | -24.7 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -39.1 | — | |
| + Other Reconciling Items | 0.0 | -126.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -543.4 | -579.4 | -717.8 | — | |
| + Trade Receivables — Current | -635.8 | -190.9 | -754.9 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | 9.2 | — | |
| + Other Financial Assets — Non-current | -42.2 | -63.7 | 0.0 | — | |
| + Other Current Assets | 132.2 | -525.0 | -262.2 | — | |
| + Trade Payables — Current | 846.8 | 140.0 | 1,242.2 | — | |
| + Other Financial Liabilities — Current | 70.8 | 113.2 | 117.8 | — | |
| + Other Current Liabilities | 219.4 | -16.0 | -41.6 | — | |
| + Provisions — Current | 32.3 | 28.6 | 55.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 624.4 | 1,316.8 | 687.7 | 781.8 | |
| + Total Adjustments (incl. Working Capital) | 348.6 | -1,230.2 | -405.4 | — | |
| Cash from Operations (pre-tax) | 973.0 | 86.6 | 282.3 | — | |
| + Income Taxes Paid | 211.5 | 310.7 | 211.3 | — | |
| Cash from Operating Activities | 761.5 | -224.1 | 71.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 293.1 | 208.2 | 132.7 | — | |
| + Disp of Fixed Assets | 4.8 | 17.4 | 4.1 | — | |
| + Purchase of Investments (Equity / Debt) | 1,467.0 | 0.0 | 1,860.6 | — | |
| + Sale of Investments (Equity / Debt) | 1,476.3 | 0.0 | 2,086.9 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 102.4 | 98.0 | — | |
| + Dividends Received — Investing | 10.3 | 16.8 | 5.1 | — | |
| + Interest Received — Investing | 44.6 | 78.8 | 71.2 | — | |
| + Other Inflows / (Outflows) — Investing | -298.3 | 355.6 | 205.8 | — | |
| Cash from Investing Activities | -522.4 | 157.9 | 281.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 590.3 | 453.6 | 2,112.2 | — | |
| + Repayment of Borrowings | 493.0 | 303.6 | 2,039.4 | — | |
| + Payment of Lease Liabilities | 18.3 | 14.2 | 14.1 | — | |
| + Interest Paid | 52.1 | 53.5 | 89.0 | — | |
| + Dividends Paid | 143.2 | 182.0 | 232.1 | — | |
| Cash from Financing Activities | -116.3 | -99.7 | -262.4 | — | |
| Net Changes in Cash (pre-FX) | 122.8 | -165.9 | 90.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.9 | -0.5 | 15.0 | — | |
| Net Changes in Cash | 123.7 | -166.4 | 105.3 | — | |
| Closing Cash | 817.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 474.6 | 1,116.2 | 646.9 | 733.9 | |
| EBITDA Margin % | 3.80 | 7.24 | 4.54 | 4.90 | |
| Free Cash Flow (CFO − Capex) | 468.5 | -432.3 | -61.8 | -61.8 | |
| Free Cash Flow to Equity | — | -335.8 | -47.7 | — | |
| Free Cash Flow per Basic Share | 14.16 | -13.07 | -1.87 | -1.87 | |
| Cash Flow to Net Income | 3.07 | -0.27 | 0.19 | — | |
| Cash Paid for Taxes | 211.5 | 310.7 | 211.3 | — | |
| Cash Paid for Interest | 52.1 | 53.5 | 89.0 | — | |