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 | 185.1 | 209.9 | 248.3 | — | |
| + Finance Costs | 23.7 | 38.2 | 41.7 | — | |
| + Interest Income | -68.3 | 0.0 | -43.9 | — | |
| + Dividend Income | -1.6 | -3.4 | -3.8 | — | |
| + Fair Value (Gains) / Losses | -33.5 | -7.8 | 21.7 | — | |
| + Unrealised FX (Gain) / Loss | 0.3 | 0.0 | 1.1 | — | |
| + Other Non-cash Items | -21.3 | -56.0 | -22.7 | — | |
| + Other — Cash Effects are Investing / Financing | -31.8 | -119.9 | -62.8 | — | |
| + Other Reconciling Items | -6.6 | -0.2 | -2.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -189.1 | -189.3 | 67.7 | — | |
| + Trade Receivables — Current | 0.0 | -93.8 | -36.4 | — | |
| + Trade Receivables — Non-current | 74.9 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Current | 0.0 | -2.6 | -2.4 | — | |
| + Other Financial Assets — Non-current | -20.5 | 0.0 | 0.0 | — | |
| + Other Current Assets | -41.1 | -75.4 | 79.4 | — | |
| + Other Non-current Assets | 1.9 | 5.1 | 0.6 | — | |
| + Other Bank Balances | 0.0 | -0.2 | 0.4 | — | |
| + Trade Payables — Current | 0.0 | 8.0 | -50.5 | — | |
| + Trade Payables — Non-current | 44.7 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | 11.7 | -40.1 | — | |
| + Other Financial Liabilities — Non-current | 40.2 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.7 | 17.5 | 19.6 | — | |
| + Other Non-current Liabilities | 14.0 | -2.7 | -5.3 | — | |
| + Provisions — Current | 0.0 | 4.9 | 0.0 | — | |
| + Provisions — Non-current | -9.3 | 0.0 | -2.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,053.3 | 443.5 | 237.3 | 332.2 | |
| + Total Adjustments (incl. Working Capital) | -37.5 | -256.0 | 207.9 | — | |
| Cash from Operations (pre-tax) | 1,015.8 | 187.5 | 445.2 | — | |
| + Income Taxes Paid | 251.5 | 88.3 | 44.9 | — | |
| Cash from Operating Activities | 764.4 | 99.2 | 400.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 520.9 | 446.9 | 380.3 | — | |
| + Acq of Intangible Assets | 4.1 | 3.5 | 1.1 | — | |
| + Disp of Fixed Assets | 0.7 | 1.2 | 0.0 | — | |
| + Acq of Other Long-term Assets | 3,048.2 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 2,752.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 2,370.8 | 2,570.8 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 2,567.6 | 2,702.2 | — | |
| + Acq of Subsidiaries / Businesses (net) | 1.3 | 3.1 | 0.0 | — | |
| + Dividends Received — Investing | 3.1 | 6.7 | 7.7 | — | |
| + Interest Received — Investing | 56.6 | 55.9 | 50.6 | — | |
| + Other Inflows / (Outflows) — Investing | 48.0 | 21.4 | 4.1 | — | |
| Cash from Investing Activities | -714.1 | -171.5 | -187.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 76.2 | 253.2 | 142.0 | — | |
| + Repayment of Borrowings | 28.2 | 74.5 | 260.9 | — | |
| + Payment of Lease Liabilities | 8.2 | 8.7 | 9.9 | — | |
| + Interest Paid | 20.9 | 33.9 | 38.5 | — | |
| + Dividends Paid | 79.8 | 63.8 | 38.5 | — | |
| Cash from Financing Activities | -60.9 | 72.1 | -205.9 | — | |
| Net Changes in Cash (pre-FX) | -10.6 | -0.2 | 6.9 | — | |
| Net Changes in Cash | -10.6 | -0.2 | 6.9 | — | |
| Closing Cash | 25.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,091.9 | 481.1 | 412.9 | 505.3 | |
| EBITDA Margin % | 24.55 | 11.84 | 9.65 | 11.51 | |
| Free Cash Flow (CFO − Capex) | 239.4 | -351.3 | 19.0 | 19.0 | |
| Free Cash Flow to Equity | — | -204.6 | -137.7 | — | |
| Free Cash Flow per Basic Share | 36.24 | -53.18 | 2.88 | 2.88 | |
| Price to Free Cash Flow | — | — | — | 247.79 | |
| Cash Flow to Net Income | 0.97 | 0.30 | 2.57 | — | |
| Cash Paid for Taxes | 251.5 | 88.3 | 44.9 | — | |
| Cash Paid for Interest | 20.9 | 33.9 | 38.5 | — | |