Balkrishna Industries cash flow

Latest FY26

Cash from operations: ₹2,249cr+27.5% on FY25
Capital spending: ₹3,003cr+102.5% on FY25
Free cash flow: −₹754cr₹281 cr in FY25
Cash from financing: ₹254cr−₹279 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.
	—	775	681	651	571
	—	134	128	114	48.0
	—	−155	−157	−84.2	−123
	—	−79.5	−89.4	−172	17.6
	—	108	−21.5	−65.0	69.1
	—	24.2	−37.3	−31.6	−40.5
	—	−26.5	−450	336	4.7
	—	2.1	105	−228	143
	—	2.4	−0.6	1.7	−1.2
	—	214	−97.3	44.6	−333
Cash from operating activities
	1,850	1,644	2,187	1,941	1,435
	—	998	60.0	565	356
	—	2,642	2,247	2,506	1,791
	—	393	483	424	343
	—	2,249	1,764	2,083	1,448
Cash from investing activities
	—	3,003	1,483	1,099	1,762
	—	4.6	34.6	17.2	10.2
	—	2,787	2,776	2,619	−110
	—	3,150	2,600	2,162	−198
	—	57.3	78.5	15.4	17.4
	—	55.1	66.3	47.4	38.0
	—	0.0	0.2	0.5	2.1
	—	−2,523	−1,479	−1,476	−1,783
Cash from financing activities
	—	3,060	3,790	2,609	3,921
	—	2,386	3,647	2,799	3,212
	—	1.1	0.1	0.0	0.0
	—	—	—	0.0	0.1
	—	109	113	102	42.0
	—	309	310	309	309
	—	254	−279	−602	359
	—	−19.4	5.7	5.2	23.4
	—	0.1	−0.1	0.1	−0.0
	—	−19.3	5.6	5.3	23.4
	—	—	—	74.6	69.3
Reference items
	2,539	2,300	2,458	2,255	1,707
	22.0%	21.3%	23.5%	24.1%	17.5%
	−754	−754	281	984	−315
	—	−20.1	336	636	—
	−₹39.01	−₹39.01	₹14.54	₹50.91	−₹16.27
	—	1.81×	1.07×	1.42×	1.37×
	—	393	483	424	343
	—	109	113	102	42.0

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

alphave

BALKRISIND₹2,099.30

Balkrishna Industries Ltd.

· Auto & Mobility

₹ CrorePeersMRF APOLLOTYRE CEATLTD ENDURANCE UNOMINDA SCHAEFFLER EXIDEIND TIINDIAMcap ₹40,579 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	570.8	650.7	680.7	775.0	—
+ Finance Costs	48.0	113.5	128.3	133.6	—
+ Interest Income	-122.5	-84.2	-157.2	-155.0	—
+ Fair Value (Gains) / Losses	17.6	-171.9	-89.4	-79.5	—
+ Unrealised FX (Gain) / Loss	69.1	-65.0	-21.5	107.8	—
+ Other Non-cash Items	-40.5	-31.6	-37.3	24.2	—
Changes in Working Capital
+ Inventories	4.7	335.8	-450.4	-26.5	—
+ Trade Receivables — Current	143.2	-228.5	104.7	2.1	—
+ Other Financial Assets — Non-current	-1.2	1.7	-0.6	2.4	—
+ Trade Payables — Current	-333.2	44.6	-97.3	214.1	—
Cash from Operating Activities
Profit Before Tax (per I/S)	1,434.8	1,941.0	2,187.4	1,643.7	1,850.4
+ Total Adjustments (incl. Working Capital)	356.1	565.2	60.0	998.2	—
Cash from Operations (pre-tax)	1,790.9	2,506.2	2,247.4	2,641.9	—
+ Income Taxes Paid	342.9	423.5	483.3	392.5	—
Cash from Operating Activities	1,448.0	2,082.6	1,764.1	2,249.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	1,762.5	1,098.6	1,483.0	3,003.3	—
+ Disp of Fixed Assets	10.2	17.2	34.6	4.6	—
+ Purchase of Investments (Equity / Debt)	-110.0	2,619.0	2,776.0	2,786.7	—
+ Sale of Investments (Equity / Debt)	-198.3	2,161.6	2,600.0	3,150.0	—
+ Dividends Received — Investing	17.4	15.4	78.5	57.3	—
+ Interest Received — Investing	38.0	47.4	66.3	55.1	—
+ Other Inflows / (Outflows) — Investing	2.1	0.5	0.2	0.0	—
Cash from Investing Activities	-1,783.1	-1,475.5	-1,479.4	-2,523.0	—
Cash from Financing Activities
+ Proceeds from Borrowings	3,921.3	2,608.6	3,790.4	3,060.0	—
+ Repayment of Borrowings	3,211.6	2,798.8	3,647.1	2,386.3	—
+ Payment of Lease Liabilities	0.0	0.0	0.1	1.1	—
+ Payment of Finance Lease Liabilities	0.1	0.0	—	—	—
+ Interest Paid	42.0	102.2	112.7	109.2	—
+ Dividends Paid	309.1	309.5	309.5	309.2	—
Cash from Financing Activities	358.5	-601.9	-279.0	254.2	—
Net Changes in Cash (pre-FX)	23.4	5.2	5.7	-19.4	—
+ Effect of FX Rate Changes on Cash	-0.0	0.1	-0.1	0.1	—
Net Changes in Cash	23.4	5.3	5.6	-19.3	—
Closing Cash	69.3	74.6	—	—	—
Reference Items
EBITDA	1,707.1	2,255.4	2,457.6	2,300.4	2,538.6
EBITDA Margin %	17.49	24.07	23.52	21.25	22.04
Free Cash Flow (CFO − Capex)	-314.5	984.1	281.1	-754.0	-754.0
Free Cash Flow to Equity	—	635.6	335.6	-20.1	—
Free Cash Flow per Basic Share	-16.27	50.91	14.54	-39.01	-39.01
Cash Flow to Net Income	1.37	1.42	1.07	1.81	—
Cash Paid for Taxes	342.9	423.5	483.3	392.5	—
Cash Paid for Interest	42.0	102.2	112.7	109.2	—

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%.