Arihant Capital Markets cash flow

Latest FY26

Cash from operations: −₹122cr₹31.6 cr in FY25
Capital spending: ₹4.1cr−75.9% on FY25
Free cash flow: −₹126cr₹14.8 cr in FY25
Cash from financing: ₹153cr−₹14.4 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 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.
	—	3.5	3.0	2.4	1.9
	—	15.4	14.2	8.1	7.5
	—	−0.3	0.0	0.5	−0.6
	—	11.2	1.1	−0.2	0.2
	—	2.8	2.1	0.1	−0.5
	—	0.1	0.0	0.0	0.1
	—	0.0	−0.4	0.0	0.0
	—	1.4	−4.5	−4.3	0.0
	—	0.0	0.0	1.2	3.2
	—	−47.8	−19.6	−23.7	19.5
	—	−1.6	−0.4	76.5	23.3
	—	−12.8	1.9	−13.7	9.5
	—	1.0	1.4	−2.8	−1.0
	—	−95.9	−3.0	−195	19.7
	—	107	−35.3	121	−53.3
	—	3.7	−18.0	24.7	−3.8
	—	−2.1	−0.9	5.2	−2.2
	—	−138	31.1	−99.5	−36.1
	—	0.8	0.4	0.1	0.1
Cash from operating activities
	63.6	41.5	77.3	90.6	39.1
	—	−152	−26.7	−99.2	−12.2
	—	−110	50.6	−8.6	26.9
	—	11.9	19.0	21.1	12.2
	—	−122	31.6	−29.6	14.7
Cash from investing activities
	—	4.1	16.8	3.1	0.0
	—	−18.4	−4.6	0.0	−4.3
	—	0.0	0.0	8.8	0.0
	—	0.0	0.0	0.0	3.5
	—	0.3	0.4	0.5	0.6
	—	−22.2	−21.0	6.2	−0.2
Cash from financing activities
	—	30.0	0.0	0.0	0.0
	—	0.0	8.6	0.0	0.0
	—	0.0	0.0	43.3	0.0
	—	143	15.7	0.0	0.0
	—	0.0	19.3	3.6	22.7
	—	15.4	14.2	8.1	7.5
	—	5.2	5.2	4.2	1.6
	—	153	−14.4	27.4	−31.8
	—	8.8	−3.8	3.9	−17.3
	—	8.8	−3.8	3.9	−17.3
	—	—	—	24.1	20.2
Reference items
	93.2	66.4	93.0	105	49.5
	37.0%	32.3%	37.6%	44.7%	36.0%
	−126	−126	14.8	−32.7	14.7
	—	2.1	−3.0	−1.2	—
	−₹11.49	−₹11.49	₹1.35	−₹2.98	₹1.34
	—	−3.88×	0.54×	−0.42×	0.50×
	—	11.9	19.0	21.1	12.2
	—	15.4	14.2	8.1	7.5

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

alphave

ARIHANTCAP₹88.25

Arihant Capital Markets Limited

· Banking & Finance

₹ CrorePeersMASTERTR DAMCAPITAL BIRLAMONEY EMKAY INDOTHAI DOLATALGO SMCGLOBAL 5PAISAMcap ₹967 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 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	1.9	2.4	3.0	3.5	—
+ Finance Costs	7.5	8.1	14.2	15.4	—
+ Dividend Income	-0.6	0.5	0.0	-0.3	—
+ Fair Value (Gains) / Losses	0.2	-0.2	1.1	11.2	—
+ Share-based Payments	-0.5	0.1	2.1	2.8	—
+ Unrealised FX (Gain) / Loss	0.1	0.0	0.0	0.1	—
+ Other Non-cash Items	0.0	0.0	-0.4	0.0	—
+ Other — Cash Effects are Investing / Financing	0.0	-4.3	-4.5	1.4	—
+ Other Reconciling Items	3.2	1.2	0.0	0.0	—
Changes in Working Capital
+ Inventories	19.5	-23.7	-19.6	-47.8	—
+ Trade Receivables — Current	23.3	76.5	-0.4	-1.6	—
+ Other Financial Assets — Current	9.5	-13.7	1.9	-12.8	—
+ Other Financial Assets — Non-current	-1.0	-2.8	1.4	1.0	—
+ Other Bank Balances	19.7	-195.1	-3.0	-95.9	—
+ Trade Payables — Current	-53.3	121.3	-35.3	106.7	—
+ Other Financial Liabilities — Current	-3.8	24.7	-18.0	3.7	—
+ Other Financial Liabilities — Non-current	-2.2	5.2	-0.9	-2.1	—
+ Other Current Liabilities	-36.1	-99.5	31.1	-137.9	—
+ Provisions — Current	0.1	0.1	0.4	0.8	—
Cash from Operating Activities
Profit Before Tax (per I/S)	39.1	90.6	77.3	41.5	63.6
+ Total Adjustments (incl. Working Capital)	-12.2	-99.2	-26.7	-151.5	—
Cash from Operations (pre-tax)	26.9	-8.6	50.6	-110.0	—
+ Income Taxes Paid	12.2	21.1	19.0	11.9	—
Cash from Operating Activities	14.7	-29.6	31.6	-121.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	0.0	3.1	16.8	4.1	—
+ Disp of Fixed Assets	-4.3	0.0	-4.6	-18.4	—
+ Disp of Investment Property	0.0	8.8	0.0	0.0	—
+ Disp of Other Long-term Assets	3.5	0.0	0.0	0.0	—
+ Dividends Received — Investing	0.6	0.5	0.4	0.3	—
Cash from Investing Activities	-0.2	6.2	-21.0	-22.2	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.0	0.0	0.0	30.0	—
+ Proceeds from Other Equity Instruments	0.0	0.0	8.6	0.0	—
+ Proceeds from Debentures / Notes / Bonds	0.0	43.3	0.0	0.0	—
+ Proceeds from Borrowings	0.0	0.0	15.7	143.5	—
+ Repayment of Borrowings	22.7	3.6	19.3	0.0	—
+ Interest Paid	7.5	8.1	14.2	15.4	—
+ Dividends Paid	1.6	4.2	5.2	5.2	—
Cash from Financing Activities	-31.8	27.4	-14.4	152.9	—
Net Changes in Cash (pre-FX)	-17.3	3.9	-3.8	8.8	—
Net Changes in Cash	-17.3	3.9	-3.8	8.8	—
Closing Cash	20.2	24.1	—	—	—
Reference Items
EBITDA	49.5	105.1	93.0	66.4	93.2
EBITDA Margin %	35.95	44.69	37.62	32.26	36.99
Free Cash Flow (CFO − Capex)	14.7	-32.7	14.8	-126.0	-126.0
Free Cash Flow to Equity	—	-1.2	-3.0	2.1	—
Free Cash Flow per Basic Share	1.34	-2.98	1.35	-11.49	-11.49
Cash Flow to Net Income	0.50	-0.42	0.54	-3.88	—
Cash Paid for Taxes	12.2	21.1	19.0	11.9	—
Cash Paid for Interest	7.5	8.1	14.2	15.4	—

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.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

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%.