| 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. | |||||
|---|---|---|---|---|---|---|
| — | 449 | 394 | 364 | 356 | ||
| — | 567 | 615 | 689 | 526 | ||
| — | −123 | −173 | −214 | −211 | ||
| — | −133 | 0.0 | 0.0 | 0.0 | ||
| — | 26.2 | 7.0 | 0.0 | 0.0 | ||
| — | 306 | 57.6 | 19.6 | 54.1 | ||
| — | 0.6 | −5.7 | −47.5 | −3.4 | ||
| — | 5.0 | −1.6 | −1.5 | −2.5 | ||
Changes in working capital | ||||||
| — | 576 | −1,454 | 467 | −5.1 | ||
| — | −179 | −637 | 143 | 269 | ||
| — | −29.1 | 36.5 | 283 | −340 | ||
| — | 6.7 | −170 | 1.9 | 74.1 | ||
| — | 1,198 | 1,837 | −1,512 | −570 | ||
| — | −110 | 0.0 | 15.6 | 0.0 | ||
| — | 279 | 365 | 0.0 | −111 | ||
| — | 80.6 | −23.0 | −19.2 | 0.8 | ||
Cash from operating activities | ||||||
| 1,535 | 1,367 | 1,601 | 262 | 789 | ||
| — | 2,920 | 848 | 189 | 37.3 | ||
| — | 4,287 | 2,449 | 451 | 826 | ||
| — | 359 | 299 | 162 | 163 | ||
| — | 3,928 | 2,150 | 289 | 663 | ||
Cash from investing activities | ||||||
| — | 833 | 996 | 932 | 679 | ||
| — | 9.1 | 35.9 | 2.2 | 5.2 | ||
| — | 0.0 | 0.0 | 7.4 | 0.0 | ||
| — | 415 | 16.4 | 0.0 | 0.0 | ||
| — | 123 | 175 | 219 | 195 | ||
| — | 49.7 | 531 | 846 | 1,012 | ||
| — | −1,066 | −270 | 142 | 533 | ||
Cash from financing activities | ||||||
| — | 251 | 157 | 178 | −203 | ||
| — | 1,260 | 889 | 0.0 | 174 | ||
| — | 84.1 | 70.7 | 65.2 | 56.1 | ||
| — | 550 | 618 | 676 | 467 | ||
| — | −35.0 | −122 | −0.4 | −19.0 | ||
| — | −1,678 | −1,544 | −563 | −919 | ||
| — | 1,184 | 336 | −132 | 277 | ||
| — | 28.2 | −7.9 | −3.9 | −9.1 | ||
| — | 1,212 | 328 | −136 | 268 | ||
| — | 1,456 | 302 | 259 | 395 | ||
Reference items | ||||||
| 2,393 | 2,131 | 2,482 | 1,135 | 1,661 | ||
| 2.9% | 2.9% | 3.9% | 2.2% | 2.9% | ||
| 3,095 | 3,095 | 1,154 | −643 | −16.0 | ||
| — | 1,651 | −168 | −1,130 | — | ||
| ₹23.93 | ₹23.93 | ₹8.92 | −₹4.97 | −₹0.12 | ||
| 6.85× | — | — | — | — | ||
| — | 3.76× | 1.75× | 1.95× | 1.14× | ||
| — | 359 | 299 | 162 | 163 | ||
| — | 550 | 618 | 676 | 467 | ||
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 | 356.2 | 363.8 | 394.4 | 448.8 | — | |
| + Finance Costs | 525.6 | 688.8 | 614.8 | 567.0 | — | |
| + Interest Income | -211.4 | -214.3 | -172.7 | -123.3 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 0.0 | -132.6 | — | |
| + Share-based Payments | 0.0 | 0.0 | 7.0 | 26.2 | — | |
| + Unrealised FX (Gain) / Loss | 54.1 | 19.6 | 57.6 | 306.3 | — | |
| + Other Non-cash Items | -3.4 | -47.5 | -5.7 | 0.6 | — | |
| + Other Reconciling Items | -2.5 | -1.5 | -1.6 | 5.0 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -5.1 | 466.9 | -1,453.6 | 576.0 | — | |
| + Trade Receivables — Current | 269.2 | 143.1 | -636.9 | -179.1 | — | |
| + Other Financial Assets — Current | -339.8 | 283.5 | 36.5 | -29.1 | — | |
| + Other Current Assets | 74.1 | 1.9 | -170.4 | 6.7 | — | |
| + Trade Payables — Current | -569.5 | -1,512.0 | 1,836.6 | 1,197.8 | — | |
| + Other Financial Liabilities — Current | 0.0 | 15.6 | 0.0 | -110.4 | — | |
| + Other Current Liabilities | -110.8 | 0.0 | 365.1 | 279.5 | — | |
| + Provisions — Current | 0.8 | -19.2 | -23.0 | 80.6 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 788.9 | 262.4 | 1,600.6 | 1,367.0 | 1,534.6 | |
| + Total Adjustments (incl. Working Capital) | 37.3 | 188.6 | 848.1 | 2,919.8 | — | |
| Cash from Operations (pre-tax) | 826.2 | 451.0 | 2,448.7 | 4,286.9 | — | |
| + Income Taxes Paid | 162.9 | 162.1 | 299.0 | 358.5 | — | |
| Cash from Operating Activities | 663.3 | 288.9 | 2,149.7 | 3,928.3 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 679.3 | 932.3 | 995.5 | 833.4 | — | |
| + Disp of Fixed Assets | 5.2 | 2.2 | 35.9 | 9.1 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 7.4 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 16.4 | 415.0 | — | |
| + Interest Received — Investing | 195.1 | 219.0 | 174.7 | 123.4 | — | |
| + Other Inflows / (Outflows) — Investing | 1,011.6 | 845.9 | 530.8 | 49.7 | — | |
| Cash from Investing Activities | 532.6 | 142.2 | -270.4 | -1,066.2 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Borrowings | -202.9 | 178.0 | 156.6 | 251.3 | — | |
| + Repayment of Borrowings | 174.5 | 0.0 | 889.0 | 1,260.2 | — | |
| + Payment of Lease Liabilities | 56.1 | 65.2 | 70.7 | 84.1 | — | |
| + Interest Paid | 466.6 | 675.8 | 618.2 | 550.3 | — | |
| + Other Inflows / (Outflows) — Financing | -19.0 | -0.4 | -122.4 | -35.0 | — | |
| Cash from Financing Activities | -919.1 | -563.4 | -1,543.7 | -1,678.3 | — | |
| Net Changes in Cash (pre-FX) | 276.8 | -132.3 | 335.6 | 1,183.9 | — | |
| + Effect of FX Rate Changes on Cash | -9.1 | -3.9 | -7.9 | 28.2 | — | |
| Net Changes in Cash | 267.8 | -136.2 | 327.6 | 1,212.0 | — | |
| Closing Cash | 394.8 | 258.6 | 302.2 | 1,456.5 | — | |
| Reference Items | ||||||
| EBITDA | 1,661.0 | 1,135.3 | 2,481.7 | 2,130.8 | 2,392.7 | |
| EBITDA Margin % | 2.85 | 2.21 | 3.90 | 2.85 | 2.91 | |
| Free Cash Flow (CFO − Capex) | -16.0 | -643.4 | 1,154.2 | 3,095.0 | 3,095.0 | |
| Free Cash Flow to Equity | — | -1,129.5 | -167.6 | 1,651.0 | — | |
| Free Cash Flow per Basic Share | -0.12 | -4.97 | 8.92 | 23.93 | 23.93 | |
| Price to Free Cash Flow | — | — | — | — | 6.85 | |
| Cash Flow to Net Income | 1.14 | 1.95 | 1.75 | 3.76 | — | |
| Cash Paid for Taxes | 162.9 | 162.1 | 299.0 | 358.5 | — | |
| Cash Paid for Interest | 466.6 | 675.8 | 618.2 | 550.3 | — | |