| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
Adjustments to reconcile profit — non-cash items | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |||||
|---|---|---|---|---|---|---|
| — | 73.5 | 223 | 242 | 227 | ||
| — | 64.5 | 6.8 | 206 | 0.0 | ||
| — | 0.0 | 0.0 | 58.2 | 53.9 | ||
| — | −9.2 | 6.3 | −14.1 | −5.7 | ||
| — | −2.9 | 9.0 | 0.0 | 0.0 | ||
| — | −25.9 | 0.0 | 0.0 | 0.0 | ||
| — | 6.0 | 0.0 | 11.2 | 0.0 | ||
| — | 1.8 | 0.0 | −1.2 | −0.9 | ||
| — | −31.6 | 43.1 | −1.3 | 17.6 | ||
| — | 0.0 | 0.0 | −10.7 | −4.7 | ||
| — | 210 | −26.9 | −376 | −143 | ||
Changes in working capital | ||||||
| — | −1,898 | −4,605 | −1,317 | −896 | ||
| — | 123 | −37.6 | −16.0 | 42.9 | ||
| — | 0.0 | −20.6 | −11.7 | 40.3 | ||
| — | −124 | −233 | 0.0 | 0.0 | ||
| — | −428 | 0.0 | −25.0 | −103 | ||
| — | 43.2 | −66.6 | 27.4 | −71.6 | ||
| — | −307 | 500 | −27.2 | −63.6 | ||
| — | −36.8 | 48.4 | 20.2 | 29.2 | ||
| — | 3,590 | 2,985 | 579 | 812 | ||
| — | 68.8 | 9.6 | 4.9 | 2.4 | ||
| — | 13.5 | 0.0 | 0.0 | 0.0 | ||
Cash from operating activities | ||||||
| −231 | −464 | −165 | 472 | 408 | ||
| — | 1,330 | −1,077 | −651 | −62.4 | ||
| — | 867 | −1,243 | −179 | 346 | ||
| — | 0.0 | −6.3 | 0.0 | 0.0 | ||
| — | 0.0 | 55.3 | 0.0 | 0.0 | ||
| — | 0.0 | −9.0 | 0.0 | 0.0 | ||
| — | 0.0 | −76.6 | 0.0 | 0.0 | ||
| — | 119 | −96.6 | 136 | 74.7 | ||
| — | 747 | −1,293 | −315 | 271 | ||
Cash from investing activities | ||||||
| — | 212 | 286 | 181 | 121 | ||
| — | 126 | 166 | 6.3 | 3.3 | ||
| — | 0.0 | −335 | 0.0 | 0.0 | ||
| — | 103 | 0.0 | 0.0 | 10.0 | ||
| — | 0.0 | 0.0 | −95.0 | 130 | ||
| — | 2.9 | 9.0 | 10.7 | 4.7 | ||
| — | 39.9 | 8.0 | 14.5 | 0.6 | ||
| — | −441 | 0.0 | −280 | 131 | ||
| — | −588 | −438 | −524 | 138 | ||
Cash from financing activities | ||||||
| — | 3.9 | 6.4 | 0.0 | 0.0 | ||
| — | 2,076 | 2,532 | 1,984 | 151 | ||
| — | 1,467 | 31.1 | 431 | 586 | ||
| — | 2.4 | 2.8 | 3.2 | 4.1 | ||
| — | 252 | 160 | 175 | 70.6 | ||
| — | 22.2 | 55.3 | 55.4 | 44.7 | ||
| — | −38.0 | −71.4 | −46.4 | 1.4 | ||
| — | 299 | 2,218 | 1,272 | −553 | ||
| — | 458 | 487 | 433 | −144 | ||
| — | 458 | 487 | 433 | −144 | ||
| — | — | — | 312 | −120 | ||
Reference items | ||||||
| −145 | −359 | 29.6 | 661 | 527 | ||
| −12.3% | −88.2% | 2.4% | 14.7% | 11.0% | ||
| 535 | 535 | −1,580 | −496 | 150 | ||
| — | 923 | 756 | 771 | — | ||
| ₹47.89 | ₹47.89 | −₹141.42 | −₹44.43 | ₹13.40 | ||
| 21.77× | — | — | — | — | ||
| — | −2.21× | 8.22× | −5.22× | 1.02× | ||
| — | 119 | −96.6 | 136 | 74.7 | ||
| — | 252 | 160 | 175 | 70.6 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||||
| + Depreciation & Amortisation | 227.1 | 241.6 | 222.7 | 73.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 206.5 | 6.8 | 64.5 | — | |
| + Finance Costs | 53.9 | 58.2 | 0.0 | 0.0 | — | |
| + Interest Income | -5.7 | -14.1 | 6.3 | -9.2 | — | |
| + Dividend Income | 0.0 | 0.0 | 9.0 | -2.9 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 0.0 | -25.9 | — | |
| + Share-based Payments | 0.0 | 11.2 | 0.0 | 6.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.9 | -1.2 | 0.0 | 1.8 | — | |
| + Other Non-cash Items | 17.6 | -1.3 | 43.1 | -31.6 | — | |
| + Other — Cash Effects are Investing / Financing | -4.7 | -10.7 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -142.6 | -376.1 | -26.9 | 210.3 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -895.8 | -1,316.9 | -4,604.6 | -1,897.9 | — | |
| + Trade Receivables — Current | 42.9 | -16.0 | -37.6 | 122.9 | — | |
| + Other Financial Assets — Current | 40.3 | -11.7 | -20.6 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -233.3 | -124.4 | — | |
| + Other Current Assets | -103.1 | -25.0 | 0.0 | -427.6 | — | |
| + Other Bank Balances | -71.6 | 27.4 | -66.6 | 43.2 | — | |
| + Trade Payables — Current | -63.6 | -27.2 | 500.4 | -307.2 | — | |
| + Other Financial Liabilities — Current | 29.2 | 20.2 | 48.4 | -36.8 | — | |
| + Other Current Liabilities | 812.1 | 579.0 | 2,984.8 | 3,589.5 | — | |
| + Provisions — Current | 2.4 | 4.9 | 9.6 | 68.8 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 0.0 | 13.5 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 408.1 | 472.3 | -165.5 | -463.9 | -231.5 | |
| + Total Adjustments (incl. Working Capital) | -62.4 | -651.5 | -1,077.4 | 1,330.4 | — | |
| Cash from Operations (pre-tax) | 345.7 | -179.2 | -1,242.9 | 866.5 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -6.3 | 0.0 | — | |
| + Interest Paid — Operating | 0.0 | 0.0 | 55.3 | 0.0 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | -9.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -76.6 | 0.0 | — | |
| + Income Taxes Paid | 74.7 | 136.1 | -96.6 | 119.3 | — | |
| Cash from Operating Activities | 271.0 | -315.3 | -1,293.4 | 747.2 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 121.3 | 180.9 | 286.1 | 212.4 | — | |
| + Disp of Fixed Assets | 3.3 | 6.3 | 166.1 | 125.8 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | -335.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 10.0 | 0.0 | 0.0 | 102.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | 130.1 | -95.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 4.7 | 10.7 | 9.0 | 2.9 | — | |
| + Interest Received — Investing | 0.6 | 14.5 | 8.0 | 39.9 | — | |
| + Other Inflows / (Outflows) — Investing | 131.1 | -279.7 | 0.0 | -441.5 | — | |
| Cash from Investing Activities | 138.5 | -524.1 | -438.0 | -587.7 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 6.4 | 3.9 | — | |
| + Proceeds from Borrowings | 150.5 | 1,983.5 | 2,532.3 | 2,075.8 | — | |
| + Repayment of Borrowings | 586.1 | 431.2 | 31.1 | 1,466.7 | — | |
| + Payment of Lease Liabilities | 4.1 | 3.2 | 2.8 | 2.4 | — | |
| + Interest Paid | 70.6 | 175.2 | 159.7 | 251.7 | — | |
| + Dividends Paid | 44.7 | 55.4 | 55.3 | 22.2 | — | |
| + Other Inflows / (Outflows) — Financing | 1.4 | -46.4 | -71.4 | -38.0 | — | |
| Cash from Financing Activities | -553.5 | 1,272.2 | 2,218.4 | 298.6 | — | |
| Net Changes in Cash (pre-FX) | -144.0 | 432.7 | 487.0 | 458.1 | — | |
| Net Changes in Cash | -144.0 | 432.7 | 487.0 | 458.1 | — | |
| Closing Cash | -120.4 | 312.3 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 527.3 | 661.2 | 29.6 | -359.2 | -145.1 | |
| EBITDA Margin % | 10.99 | 14.65 | 2.43 | -88.21 | -12.32 | |
| Free Cash Flow (CFO − Capex) | 149.7 | -496.2 | -1,579.5 | 534.8 | 534.8 | |
| Free Cash Flow to Equity | — | 771.0 | 755.7 | 923.1 | — | |
| Free Cash Flow per Basic Share | 13.40 | -44.43 | -141.42 | 47.89 | 47.89 | |
| Price to Free Cash Flow | — | — | — | — | 21.77 | |
| Cash Flow to Net Income | 1.02 | -5.22 | 8.22 | -2.21 | — | |
| Cash Paid for Taxes | 74.7 | 136.1 | -96.6 | 119.3 | — | |
| Cash Paid for Interest | 70.6 | 175.2 | 159.7 | 251.7 | — | |