| 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. | |||||
|---|---|---|---|---|---|---|
| — | 161 | 132 | 116 | 104 | ||
| — | 285 | 264 | 283 | 155 | ||
| — | −9.2 | −5.5 | −8.3 | 0.0 | ||
| — | 27.8 | 2.4 | 0.0 | 0.0 | ||
| — | 24.2 | 14.5 | 11.7 | 33.4 | ||
| — | 0.0 | 0.0 | 0.0 | −0.2 | ||
Changes in working capital | ||||||
| — | −826 | −441 | −287 | −424 | ||
| — | −1,041 | −528 | −913 | −836 | ||
| — | −6.5 | −5.3 | −7.6 | 0.0 | ||
| — | 8.6 | −0.3 | 0.5 | 0.0 | ||
| — | 1,387 | 974 | −391 | 984 | ||
| — | 18.2 | 45.6 | 54.1 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 46.1 | ||
Cash from operating activities | ||||||
| 1,836 | 1,310 | 1,106 | 1,106 | 855 | ||
| — | 29.8 | 454 | −1,142 | 62.8 | ||
| — | 1,340 | 1,559 | −35.9 | 917 | ||
| — | 372 | 269 | 247 | 219 | ||
| — | 968 | 1,291 | −283 | 698 | ||
Cash from investing activities | ||||||
| — | 737 | 510 | 331 | 248 | ||
| — | 3.6 | 2.8 | 1.1 | 1.1 | ||
| — | 0.0 | 200 | 0.0 | 18.4 | ||
| — | 171 | 0.0 | 54.3 | 0.0 | ||
| — | 0.0 | 3.8 | 3.8 | 3.8 | ||
| — | 4.3 | 5.6 | 11.0 | 0.0 | ||
| — | −558 | −705 | −268 | −269 | ||
Cash from financing activities | ||||||
| — | 0.0 | 0.0 | 983 | 0.0 | ||
| — | 190 | 16.1 | 193 | 57.5 | ||
| — | 130 | 4.4 | 89.9 | 54.2 | ||
| — | 18.2 | 20.0 | 0.0 | 10.0 | ||
| — | — | — | 12.7 | 0.0 | ||
| — | 271 | 270 | 285 | 120 | ||
| — | 205 | 205 | 153 | 57.4 | ||
| — | −434 | −483 | 635 | −184 | ||
| — | −24.3 | 103 | 83.7 | 245 | ||
| — | 5.9 | −0.5 | 1.5 | 0.3 | ||
| — | −18.5 | 102 | 85.2 | 246 | ||
| — | — | — | 584 | 499 | ||
Reference items | ||||||
| 2,419 | 1,876 | 1,547 | 1,522 | 1,227 | ||
| 9.4% | 8.2% | 8.3% | 9.4% | 8.6% | ||
| 231 | 231 | 781 | −614 | 451 | ||
| — | 331 | 575 | −797 | — | ||
| ₹57.51 | ₹57.51 | ₹194.39 | −₹152.84 | ₹112.15 | ||
| 248.68× | — | — | — | — | ||
| — | 0.99× | 1.57× | −0.34× | 1.10× | ||
| — | 372 | 269 | 247 | 219 | ||
| — | 271 | 270 | 285 | 120 | ||
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 | 104.3 | 115.7 | 132.2 | 161.1 | — | |
| + Finance Costs | 155.3 | 283.2 | 263.8 | 285.4 | — | |
| + Interest Income | 0.0 | -8.3 | -5.5 | -9.2 | — | |
| + Share-based Payments | 0.0 | 0.0 | 2.4 | 27.8 | — | |
| + Unrealised FX (Gain) / Loss | 33.4 | 11.7 | 14.5 | 24.2 | — | |
| + Other — Cash Effects are Investing / Financing | -0.2 | 0.0 | 0.0 | 0.0 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -424.4 | -287.1 | -440.5 | -826.1 | — | |
| + Trade Receivables — Current | -836.2 | -913.2 | -527.5 | -1,041.2 | — | |
| + Other Financial Assets — Current | 0.0 | -7.6 | -5.3 | -6.5 | — | |
| + Other Non-current Assets | 0.0 | 0.5 | -0.3 | 8.6 | — | |
| + Trade Payables — Current | 984.3 | -391.4 | 974.4 | 1,387.4 | — | |
| + Provisions — Current | 0.0 | 54.1 | 45.6 | 18.2 | — | |
| + Provisions — Non-current | 46.1 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 854.6 | 1,106.5 | 1,105.8 | 1,309.9 | 1,836.0 | |
| + Total Adjustments (incl. Working Capital) | 62.8 | -1,142.4 | 453.7 | 29.8 | — | |
| Cash from Operations (pre-tax) | 917.3 | -35.9 | 1,559.4 | 1,339.7 | — | |
| + Income Taxes Paid | 219.0 | 247.4 | 268.9 | 372.0 | — | |
| Cash from Operating Activities | 698.3 | -283.3 | 1,290.6 | 967.7 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 247.8 | 330.7 | 509.7 | 736.7 | — | |
| + Disp of Fixed Assets | 1.1 | 1.1 | 2.8 | 3.6 | — | |
| + Acq of Investment Property | 18.4 | 0.0 | 199.7 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 54.3 | 0.0 | 170.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 3.8 | 3.8 | 3.8 | 0.0 | — | |
| + Interest Received — Investing | 0.0 | 11.0 | 5.6 | 4.3 | — | |
| Cash from Investing Activities | -268.9 | -268.1 | -704.8 | -558.1 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Issue of Shares | 0.0 | 982.6 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 57.5 | 192.7 | 16.1 | 190.0 | — | |
| + Repayment of Borrowings | 54.2 | 89.9 | 4.4 | 130.4 | — | |
| + Payment of Lease Liabilities | 10.0 | 0.0 | 20.0 | 18.2 | — | |
| + Payment of Finance Lease Liabilities | 0.0 | 12.7 | — | — | — | |
| + Interest Paid | 120.0 | 284.5 | 270.1 | 270.6 | — | |
| + Dividends Paid | 57.4 | 153.0 | 204.6 | 204.7 | — | |
| Cash from Financing Activities | -184.1 | 635.2 | -482.9 | -433.9 | — | |
| Net Changes in Cash (pre-FX) | 245.3 | 83.7 | 102.9 | -24.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.3 | 1.5 | -0.5 | 5.9 | — | |
| Net Changes in Cash | 245.7 | 85.2 | 102.4 | -18.5 | — | |
| Closing Cash | 498.8 | 584.0 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 1,227.0 | 1,522.3 | 1,547.4 | 1,875.9 | 2,418.7 | |
| EBITDA Margin % | 8.55 | 9.42 | 8.33 | 8.19 | 9.45 | |
| Free Cash Flow (CFO − Capex) | 450.5 | -614.0 | 780.9 | 231.0 | 231.0 | |
| Free Cash Flow to Equity | — | -797.1 | 575.4 | 330.8 | — | |
| Free Cash Flow per Basic Share | 112.15 | -152.84 | 194.39 | 57.51 | 57.51 | |
| Price to Free Cash Flow | — | — | — | — | 248.68 | |
| Cash Flow to Net Income | 1.10 | -0.34 | 1.57 | 0.99 | — | |
| Cash Paid for Taxes | 219.0 | 247.4 | 268.9 | 372.0 | — | |
| Cash Paid for Interest | 120.0 | 284.5 | 270.1 | 270.6 | — | |