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 | 94.8 | 101.5 | 58.7 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 2.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 1.6 | 0.3 | — | |
| + Other Non-cash Items | 208.5 | -15.1 | -3.6 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -817.4 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 4.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 82.6 | -129.7 | -101.5 | — | |
| + Trade Receivables — Current | 169.8 | 37.1 | 244.7 | — | |
| + Other Financial Assets — Current | 5.9 | 0.0 | 2.8 | — | |
| + Other Current Assets | 0.0 | -33.7 | -45.3 | — | |
| + Trade Payables — Current | -46.4 | 331.2 | -160.9 | — | |
| + Other Current Liabilities | 1.4 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | -9.9 | -8.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 227.5 | 152.8 | 981.4 | 930.5 | |
| + Total Adjustments (incl. Working Capital) | 516.6 | 283.1 | -823.6 | — | |
| Cash from Operations (pre-tax) | 744.1 | 435.9 | 157.8 | — | |
| + Interest Received — Operating | 28.6 | -17.4 | -5.9 | — | |
| + Interest Paid — Operating | 193.4 | -155.5 | -99.3 | — | |
| + Dividends Received — Operating | 0.1 | -0.1 | -0.2 | — | |
| + Income Taxes Paid | 106.3 | 62.4 | 47.7 | — | |
| Cash from Operating Activities | 473.1 | 511.5 | 203.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 143.8 | 104.9 | 159.7 | — | |
| + Disp of Fixed Assets | 124.2 | 26.1 | 59.2 | — | |
| + Disp of Investment Property | 6.4 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 253.6 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 177.4 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 399.3 | — | |
| + Dividends Received — Investing | 0.1 | 0.1 | 0.2 | — | |
| + Interest Received — Investing | 29.1 | 16.3 | 3.5 | — | |
| + Other Inflows / (Outflows) — Investing | -13.1 | -59.1 | 59.2 | — | |
| Cash from Investing Activities | 2.8 | -121.5 | -69.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 689.8 | 622.2 | 457.0 | — | |
| + Repayment of Borrowings | 996.2 | 939.6 | 672.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 17.4 | 21.5 | — | |
| + Interest Paid | 212.7 | 150.9 | 89.8 | — | |
| + Dividends Paid | 8.2 | 8.2 | 8.2 | — | |
| Cash from Financing Activities | -527.3 | -493.8 | -335.2 | — | |
| Net Changes in Cash (pre-FX) | -51.4 | -103.8 | -201.2 | — | |
| Net Changes in Cash | -51.4 | -103.8 | -201.2 | — | |
| Closing Cash | 337.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 356.2 | 368.3 | 309.4 | 227.8 | |
| EBITDA Margin % | 7.75 | 8.30 | 9.67 | 8.87 | |
| Free Cash Flow (CFO − Capex) | 329.3 | 406.6 | 43.6 | 43.6 | |
| Free Cash Flow to Equity | — | -810.1 | -121.9 | — | |
| Free Cash Flow per Basic Share | 78.29 | 96.66 | 10.37 | 10.37 | |
| Price to Free Cash Flow | — | — | — | 21.45 | |
| Cash Flow to Net Income | 2.77 | 2.21 | 0.21 | — | |
| Cash Paid for Taxes | 106.3 | 62.4 | 47.7 | — | |
| Cash Paid for Interest | 212.7 | 150.9 | 89.8 | — | |