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 | 27.6 | 50.9 | 50.6 | — | |
| + Finance Costs | 109.8 | 157.9 | 198.2 | — | |
| + Interest Income | -138.2 | -165.4 | -200.4 | — | |
| + Dividend Income | -7.1 | 0.0 | -4.3 | — | |
| + Fair Value (Gains) / Losses | -37.7 | -37.4 | -44.8 | — | |
| + Share-based Payments | 0.9 | 0.0 | 7.4 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.1 | 0.0 | — | |
| + Other Non-cash Items | -1.2 | 9.9 | 10.3 | — | |
| + Other — Cash Effects are Investing / Financing | -1.6 | -0.8 | 47.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | 22.6 | -6.0 | -11.3 | — | |
| + Trade Receivables — Current | -92.7 | 105.2 | -241.0 | — | |
| + Trade Receivables — Non-current | -214.3 | -338.6 | -319.0 | — | |
| + Other Financial Assets — Current | 16.5 | 31.4 | 7.0 | — | |
| + Other Financial Assets — Non-current | 16.3 | -9.8 | -2.2 | — | |
| + Other Current Assets | 4.5 | -450.1 | 62.7 | — | |
| + Other Non-current Assets | 4.7 | -152.3 | -91.2 | — | |
| + Trade Payables — Current | -104.9 | 183.8 | 130.5 | — | |
| + Other Financial Liabilities — Current | -42.5 | 0.9 | 5.5 | — | |
| + Other Current Liabilities | -134.0 | 156.8 | 105.8 | — | |
| + Other Non-current Liabilities | -169.6 | -193.7 | 0.2 | — | |
| + Provisions — Current | -7.0 | 2.3 | 1.8 | — | |
| + Provisions — Non-current | 47.7 | -3.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 479.1 | 522.2 | 547.0 | 513.6 | |
| + Total Adjustments (incl. Working Capital) | -700.2 | -657.9 | -286.1 | — | |
| Cash from Operations (pre-tax) | -221.1 | -135.7 | 260.9 | — | |
| + Income Taxes Paid | 123.4 | 137.8 | 148.7 | — | |
| Cash from Operating Activities | -344.5 | -273.5 | 112.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 70.3 | 51.6 | 34.0 | — | |
| + Acq of Intangible Assets | 0.3 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 20.7 | 0.9 | 1.1 | — | |
| + Purchase of Investments (Equity / Debt) | 161.3 | 20.1 | 17.3 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 3.4 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 100.0 | 0.0 | — | |
| + Loans & Advances Made | 5.0 | 40.0 | 0.0 | — | |
| + Loans & Advances Repaid | 5.0 | 40.0 | 0.0 | — | |
| + Dividends Received — Investing | 7.1 | 0.5 | 4.3 | — | |
| + Interest Received — Investing | 50.4 | 47.4 | 36.2 | — | |
| + Other Inflows / (Outflows) — Investing | 102.1 | 102.8 | -866.9 | — | |
| Cash from Investing Activities | -51.6 | -16.6 | -876.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.3 | 0.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 250.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 1.8 | 0.9 | — | |
| + Proceeds from Borrowings | 277.3 | 755.0 | 517.6 | — | |
| + Repayment of Borrowings | 309.7 | 28.2 | 45.7 | — | |
| + Payment of Lease Liabilities | 5.0 | 5.7 | 8.4 | — | |
| + Interest Paid | 116.6 | 146.2 | 187.8 | — | |
| + Dividends Paid | 13.6 | 40.9 | 41.0 | — | |
| + Other Inflows / (Outflows) — Financing | -312.4 | -0.0 | -59.3 | — | |
| Cash from Financing Activities | -479.8 | 535.8 | 426.2 | — | |
| Net Changes in Cash (pre-FX) | -875.8 | 245.7 | -338.3 | — | |
| Net Changes in Cash | -875.8 | 245.7 | -338.3 | — | |
| Closing Cash | 723.6 | 973.7 | — | — | |
| Reference Items | |||||
| EBITDA | 425.4 | 521.7 | 748.0 | 716.3 | |
| EBITDA Margin % | 14.81 | 14.56 | 20.69 | 20.21 | |
| Free Cash Flow (CFO − Capex) | -415.1 | -325.1 | 78.2 | 78.2 | |
| Free Cash Flow to Equity | — | 266.8 | 371.9 | — | |
| Free Cash Flow per Basic Share | -30.61 | -23.97 | 5.77 | 5.77 | |
| Price to Free Cash Flow | — | — | — | 138.19 | |
| Cash Flow to Net Income | -1.08 | -0.77 | 0.29 | — | |
| Cash Paid for Taxes | 123.4 | 137.8 | 148.7 | — | |
| Cash Paid for Interest | 116.6 | 146.2 | 187.8 | — | |