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 | 394.5 | 373.4 | 394.1 | — | |
| + Finance Costs | 0.0 | 217.5 | 161.5 | — | |
| + Fair Value (Gains) / Losses | -8.2 | -27.1 | -11.9 | — | |
| + Share-based Payments | 0.0 | 10.7 | 5.1 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.9 | -27.4 | — | |
| + Other Non-cash Items | -1.1 | -6.8 | 39.7 | — | |
| + Other — Cash Effects are Investing / Financing | -47.9 | -57.1 | -239.6 | — | |
| + Other Reconciling Items | -159.0 | -266.2 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -102.0 | -111.6 | 12.7 | — | |
| + Trade Receivables — Current | -294.1 | -384.0 | 365.7 | — | |
| + Other Financial Assets — Current | -141.9 | -85.4 | -22.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | -0.4 | 0.0 | — | |
| + Other Current Assets | -48.6 | 82.9 | -13.5 | — | |
| + Other Non-current Assets | -6.2 | 0.0 | 0.4 | — | |
| + Trade Payables — Current | 39.3 | 221.6 | 250.0 | — | |
| + Other Current Liabilities | 51.7 | 28.9 | 72.9 | — | |
| + Other Non-current Liabilities | 1.0 | 1.1 | -4.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 966.8 | 859.8 | 287.5 | 382.5 | |
| + Total Adjustments (incl. Working Capital) | -322.5 | -1.6 | 983.4 | — | |
| Cash from Operations (pre-tax) | 644.3 | 858.2 | 1,270.8 | — | |
| + Income Taxes Paid | 111.5 | 170.2 | 95.8 | — | |
| Cash from Operating Activities | 532.8 | 688.0 | 1,175.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 275.4 | 712.7 | 451.1 | — | |
| + Disp of Fixed Assets | 16.2 | 17.4 | 2.5 | — | |
| + Acq of Investment Property | 266.4 | 0.0 | 347.5 | — | |
| + Disp of Investment Property | 0.0 | 380.0 | 0.0 | — | |
| + Government Grants Received | 290.9 | 280.5 | 400.7 | — | |
| + Interest Received — Investing | 47.2 | 59.1 | 34.8 | — | |
| + Other Inflows / (Outflows) — Investing | -21.7 | 33.1 | 12.8 | — | |
| Cash from Investing Activities | -209.2 | 57.3 | -347.9 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 241.7 | 345.6 | 0.0 | — | |
| + Proceeds from Borrowings | 332.3 | 53.1 | 157.8 | — | |
| + Repayment of Borrowings | 162.4 | 111.3 | 824.9 | — | |
| + Payment of Lease Liabilities | 31.4 | 28.4 | 19.0 | — | |
| + Interest Paid | 153.0 | 218.7 | 160.6 | — | |
| + Dividends Paid | 12.3 | 12.3 | 208.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 79.9 | — | |
| Cash from Financing Activities | -268.6 | -663.1 | -975.2 | — | |
| Net Changes in Cash (pre-FX) | 55.1 | 82.2 | -148.1 | — | |
| + Effect of FX Rate Changes on Cash | -0.4 | 0.6 | 0.0 | — | |
| Net Changes in Cash | 54.7 | 82.7 | -148.1 | — | |
| Closing Cash | 200.8 | 283.6 | — | — | |
| Reference Items | |||||
| EBITDA | 1,368.9 | 1,298.5 | 793.2 | 883.8 | |
| EBITDA Margin % | 14.14 | 12.31 | 8.44 | 8.90 | |
| Free Cash Flow (CFO − Capex) | 257.4 | -24.7 | 723.9 | 723.9 | |
| Free Cash Flow to Equity | — | -295.3 | -102.9 | — | |
| Free Cash Flow per Basic Share | 2.68 | -0.26 | 7.55 | 7.55 | |
| Price to Free Cash Flow | — | — | — | 27.88 | |
| Cash Flow to Net Income | 0.79 | 1.07 | 5.52 | — | |
| Cash Paid for Taxes | 111.5 | 170.2 | 95.8 | — | |
| Cash Paid for Interest | 153.0 | 218.7 | 160.6 | — | |