Agarwal Industrial Corporation cash flow

Latest FY26

Cash from operations: ₹235cr+135.3% on FY25
Capital spending: ₹121cr−26.3% on FY25
Free cash flow: ₹113cr−₹65.0 cr in FY25
Cash from financing: −₹128cr₹39.5 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	52.0	47.8	30.1	22.7
	—	27.6	30.9	20.7	12.1
	—	−1.8	0.0	−0.5	−0.3
	—	23.2	4.8	1.9	6.0
	—	0.6	−0.4	0.5	1.6
	—	−0.8	−2.0	−2.0	0.0
	—	78.2	−68.1	−11.7	−50.7
	—	117	−4.6	−72.9	−33.9
	—	2.0	−33.8	−15.9	−1.4
	—	0.0	−21.9	0.0	2.4
	—	10.9	0.0	−6.3	−2.0
	—	0.0	0.0	0.0	−0.0
	—	−109	40.4	53.7	109
	—	3.0	0.0	−1.6	4.5
	—	0.0	0.0	0.0	0.0
	—	−6.7	4.5	8.6	−2.2
	—	0.0	−8.4	0.0	0.2
Cash from operating activities
	52.2	55.3	135	127	110
	—	197	−10.8	4.7	67.6
	—	252	124	132	177
	—	−3.6	−2.8	−1.3	−0.6
	—	0.0	0.0	0.0	−2.0
	—	13.6	21.3	18.3	18.0
	—	235	99.8	112	157
Cash from investing activities
	—	121	165	270	149
	—	50.9	0.0	0.2	1.5
	—	0.0	0.0	0.0	0.0
	—	33.4	36.5	0.0	0.0
	—	32.4	41.2	0.0	0.0
	—	0.0	0.0	34.7	0.0
	—	0.0	0.0	26.5	0.0
	—	22.0	0.0	0.0	0.0
	—	3.6	2.8	1.3	0.6
	—	0.5	0.5	0.4	−11.7
	—	−89.4	−157	−276	−158
Cash from financing activities
	—	0.0	0.0	0.0	13.8
	—	0.0	80.3	107	37.3
	—	91.1	0.0	−100	47.0
	—	4.8	8.4	0.0	0.0
	—	—	—	7.6	0.0
	—	26.8	27.8	18.3	9.6
	—	4.9	4.5	3.7	2.9
	—	0.0	0.0	0.0	−7.0
	—	−128	39.5	178	−15.4
	—	17.9	−17.5	13.4	−17.1
	—	17.9	−17.5	13.4	−17.1
	—	—	—	42.7	29.3
Reference items
	111	117	202	173	136
	7.4%	7.1%	8.4%	8.1%	6.7%
	113	113	−65.0	−158	8.0
	—	−4.2	−11.4	31.6	—
	₹75.83	₹75.83	−₹43.46	−₹105.58	₹5.33
	4.31×	—	—	—	—
	—	5.39×	0.86×	1.03×	1.70×
	—	13.6	21.3	18.3	18.0
	—	26.8	27.8	18.3	9.6

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

AGARIND₹326.85

Agarwal Industrial Corporation Limited

· Chemicals

₹ CrorePeersTNPETRO MANALIPETC DCW BEPLMcap ₹489 Cr

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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 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	22.7	30.1	47.8	52.0	—
+ Finance Costs	12.1	20.7	30.9	27.6	—
+ Fair Value (Gains) / Losses	-0.3	-0.5	0.0	-1.8	—
+ Unrealised FX (Gain) / Loss	6.0	1.9	4.8	23.2	—
+ Other Non-cash Items	1.6	0.5	-0.4	0.6	—
+ Other — Cash Effects are Investing / Financing	0.0	-2.0	-2.0	-0.8	—
Changes in Working Capital
+ Inventories	-50.7	-11.7	-68.1	78.2	—
+ Trade Receivables — Current	-33.9	-72.9	-4.6	117.3	—
+ Other Financial Assets — Current	-1.4	-15.9	-33.8	2.0	—
+ Other Financial Assets — Non-current	2.4	0.0	-21.9	0.0	—
+ Other Current Assets	-2.0	-6.3	0.0	10.9	—
+ Other Non-current Assets	-0.0	0.0	0.0	0.0	—
+ Trade Payables — Current	108.5	53.7	40.4	-108.7	—
+ Other Financial Liabilities — Current	4.5	-1.6	0.0	3.0	—
+ Other Financial Liabilities — Non-current	0.0	0.0	0.0	0.0	—
+ Other Current Liabilities	-2.2	8.6	4.5	-6.7	—
+ Other Non-current Liabilities	0.2	0.0	-8.4	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	109.8	127.2	134.8	55.3	52.2
+ Total Adjustments (incl. Working Capital)	67.6	4.7	-10.8	196.9	—
Cash from Operations (pre-tax)	177.3	131.9	123.9	252.1	—
+ Interest Received — Operating	-0.6	-1.3	-2.8	-3.6	—
+ Other Inflows / (Outflows) — Operating	-2.0	0.0	0.0	0.0	—
+ Income Taxes Paid	18.0	18.3	21.3	13.6	—
Cash from Operating Activities	156.7	112.3	99.8	234.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	148.7	270.2	164.9	121.5	—
+ Disp of Fixed Assets	1.5	0.2	0.0	50.9	—
+ Disp of Investment Property	0.0	0.0	0.0	0.0	—
+ Acq of Other Long-term Assets	0.0	0.0	36.5	33.4	—
+ Disp of Other Long-term Assets	0.0	0.0	41.2	32.4	—
+ Purchase of Investments (Equity / Debt)	0.0	34.7	0.0	0.0	—
+ Sale of Investments (Equity / Debt)	0.0	26.5	0.0	0.0	—
+ Acq of Subsidiaries / Businesses (net)	0.0	0.0	0.0	22.0	—
+ Interest Received — Investing	0.6	1.3	2.8	3.6	—
+ Other Inflows / (Outflows) — Investing	-11.7	0.4	0.5	0.5	—
Cash from Investing Activities	-158.3	-276.4	-156.9	-89.4	—
Cash from Financing Activities
+ Proceeds from Other Equity Instruments	13.8	0.0	0.0	0.0	—
+ Proceeds from Borrowings	37.3	106.9	80.3	0.0	—
+ Repayment of Borrowings	47.0	-100.2	0.0	91.1	—
+ Payment of Lease Liabilities	0.0	0.0	8.4	4.8	—
+ Payment of Finance Lease Liabilities	0.0	7.6	—	—	—
+ Interest Paid	9.6	18.3	27.8	26.8	—
+ Dividends Paid	2.9	3.7	4.5	4.9	—
+ Other Inflows / (Outflows) — Financing	-7.0	0.0	0.0	0.0	—
Cash from Financing Activities	-15.4	177.5	39.5	-127.6	—
Net Changes in Cash (pre-FX)	-17.1	13.4	-17.5	17.9	—
Net Changes in Cash	-17.1	13.4	-17.5	17.9	—
Closing Cash	29.3	42.7	—	—	—
Reference Items
EBITDA	135.5	172.8	202.1	117.3	111.0
EBITDA Margin %	6.72	8.13	8.43	7.10	7.44
Free Cash Flow (CFO − Capex)	8.0	-157.9	-65.0	113.4	113.4
Free Cash Flow to Equity	—	31.6	-11.4	-4.2	—
Free Cash Flow per Basic Share	5.33	-105.58	-43.46	75.83	75.83
Price to Free Cash Flow	—	—	—	—	4.31
Cash Flow to Net Income	1.70	1.03	0.86	5.39	—
Cash Paid for Taxes	18.0	18.3	21.3	13.6	—
Cash Paid for Interest	9.6	18.3	27.8	26.8	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.