| 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. | |||||
|---|---|---|---|---|---|---|
| — | 142 | 151 | 148 | 149 | ||
| — | 61.3 | 27.0 | 47.9 | 150 | ||
| — | 199 | 397 | 356 | 392 | ||
| — | −1,266 | −836 | −406 | −201 | ||
| — | 0.0 | 0.0 | −0.7 | −0.6 | ||
| — | 10.8 | 13.4 | −9.0 | −21.9 | ||
| — | 0.1 | 0.3 | 0.0 | 0.2 | ||
| — | −540 | −183 | −20.4 | −59.3 | ||
| — | −5.7 | −0.5 | −231 | −12.7 | ||
Changes in working capital | ||||||
| — | 139 | −1,080 | −1,533 | 792 | ||
| — | −19.4 | −232 | 36.1 | 60.5 | ||
| — | 31.5 | 385 | 113 | −300 | ||
| — | −461 | −842 | −660 | −271 | ||
| — | −506 | 547 | 150 | 125 | ||
| — | 28.7 | −243 | −303 | 7.9 | ||
| — | 6,251 | 4,689 | 2,987 | 147 | ||
| — | 15.8 | 1.9 | −0.3 | 1.1 | ||
Cash from operating activities | ||||||
| 2,798 | 2,932 | 2,261 | 2,151 | 1,502 | ||
| — | 4,082 | 2,794 | 676 | 959 | ||
| — | 7,013 | 5,055 | 2,826 | 2,461 | ||
| — | 0.0 | 302 | −30.4 | 0.0 | ||
| — | 666 | 122 | 257 | 85.8 | ||
| — | 6,347 | 5,235 | 2,539 | 2,375 | ||
Cash from investing activities | ||||||
| — | 129 | 96.0 | 116 | 63.7 | ||
| — | 13.2 | 0.7 | 743 | 9.5 | ||
| — | 1,835 | 4,298 | 2,646 | 1,439 | ||
| — | 50.6 | 0.0 | 0.0 | 0.0 | ||
| — | 24.0 | 1,198 | 1,876 | 1,260 | ||
| — | 5.0 | 121 | 1,737 | 1,398 | ||
| — | 114 | 102 | 134 | 132 | ||
| — | 533 | 428 | 0.0 | 25.8 | ||
| — | 1,334 | 999 | 583 | 954 | ||
| — | 887 | 603 | 180 | 44.7 | ||
| — | 721 | −3,543 | −1,529 | −463 | ||
Cash from financing activities | ||||||
| — | 0.0 | 0.0 | 598 | 0.0 | ||
| — | 0.0 | 284 | 1,344 | 267 | ||
| — | 3,814 | 1,035 | 457 | 1,141 | ||
| — | 29.6 | 29.5 | 0.0 | 26.8 | ||
| — | — | — | 27.4 | 0.0 | ||
| — | 218 | 384 | 291 | 370 | ||
| — | 1,480 | 1,234 | 987 | 743 | ||
| — | −4.7 | 64.0 | −3.5 | 2.3 | ||
| — | −5,547 | −2,335 | 176 | −2,011 | ||
| — | 1,522 | −642 | 1,186 | −98.5 | ||
| — | 1,522 | −642 | 1,186 | −98.5 | ||
| — | — | — | 1,394 | 207 | ||
Reference items | ||||||
| 974 | 1,448 | 2,109 | 2,124 | 1,726 | ||
| 15.3% | 17.7% | 26.4% | 33.0% | 30.3% | ||
| 6,218 | 6,218 | 5,139 | 2,423 | 2,312 | ||
| — | 1,942 | 4,024 | 3,632 | — | ||
| ₹25.12 | ₹25.12 | ₹20.76 | ₹9.79 | ₹9.34 | ||
| 27.64× | — | — | — | — | ||
| — | 1.44× | 1.20× | 0.93× | 1.17× | ||
| — | 666 | 122 | 257 | 85.8 | ||
| — | 218 | 384 | 291 | 370 | ||
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 | 148.6 | 148.0 | 150.7 | 142.4 | — | |
| + Impairment Loss / (Reversal) | 150.4 | 47.9 | 27.0 | 61.3 | — | |
| + Finance Costs | 392.1 | 356.5 | 397.2 | 199.1 | — | |
| + Interest Income | -201.1 | -406.3 | -835.8 | -1,265.6 | — | |
| + Dividend Income | -0.6 | -0.7 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -21.9 | -9.0 | 13.4 | 10.8 | — | |
| + Unrealised FX (Gain) / Loss | 0.2 | 0.0 | 0.3 | 0.1 | — | |
| + Other Non-cash Items | -59.3 | -20.4 | -183.4 | -539.8 | — | |
| + Other — Cash Effects are Investing / Financing | -12.7 | -230.9 | -0.5 | -5.7 | — | |
| Changes in Working Capital | ||||||
| + Inventories | 792.1 | -1,532.9 | -1,080.4 | 139.2 | — | |
| + Trade Receivables — Current | 60.5 | 36.1 | -231.6 | -19.4 | — | |
| + Other Financial Assets — Current | -299.9 | 113.4 | 384.9 | 31.5 | — | |
| + Other Current Assets | -271.4 | -660.0 | -842.3 | -461.2 | — | |
| + Trade Payables — Current | 125.4 | 149.9 | 546.5 | -506.2 | — | |
| + Other Financial Liabilities — Current | 7.9 | -302.7 | -243.4 | 28.7 | — | |
| + Other Current Liabilities | 147.2 | 2,987.3 | 4,689.5 | 6,250.6 | — | |
| + Provisions — Current | 1.1 | -0.3 | 1.9 | 15.8 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 1,502.4 | 2,150.5 | 2,260.6 | 2,931.8 | 2,797.8 | |
| + Total Adjustments (incl. Working Capital) | 958.6 | 675.8 | 2,794.1 | 4,081.5 | — | |
| Cash from Operations (pre-tax) | 2,461.0 | 2,826.3 | 5,054.7 | 7,013.3 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | -30.4 | 302.4 | 0.0 | — | |
| + Income Taxes Paid | 85.8 | 257.2 | 121.9 | 666.0 | — | |
| Cash from Operating Activities | 2,375.2 | 2,538.8 | 5,235.2 | 6,347.4 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 63.7 | 115.5 | 96.0 | 129.2 | — | |
| + Disp of Fixed Assets | 9.5 | 743.1 | 0.7 | 13.2 | — | |
| + Acq of Other Long-term Assets | 1,439.0 | 2,646.5 | 4,298.2 | 1,834.8 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 0.0 | 50.6 | — | |
| + Purchase of Investments (Equity / Debt) | 1,260.0 | 1,876.1 | 1,197.8 | 24.0 | — | |
| + Sale of Investments (Equity / Debt) | 1,397.5 | 1,737.0 | 121.2 | 5.0 | — | |
| + Loans & Advances Made | 131.9 | 134.0 | 102.4 | 114.0 | — | |
| + Loans & Advances Repaid | 25.8 | 0.0 | 427.5 | 532.9 | — | |
| + Dividends Received — Investing | 954.5 | 583.3 | 999.2 | 1,334.2 | — | |
| + Interest Received — Investing | 44.7 | 180.1 | 602.8 | 887.2 | — | |
| Cash from Investing Activities | -462.6 | -1,528.7 | -3,543.1 | 721.1 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 598.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 266.9 | 1,344.4 | 284.0 | 0.0 | — | |
| + Repayment of Borrowings | 1,140.5 | 456.9 | 1,035.0 | 3,814.0 | — | |
| + Payment of Lease Liabilities | 26.8 | 0.0 | 29.5 | 29.6 | — | |
| + Payment of Finance Lease Liabilities | 0.0 | 27.4 | — | — | — | |
| + Interest Paid | 370.2 | 291.4 | 384.4 | 218.0 | — | |
| + Dividends Paid | 742.8 | 986.9 | 1,233.6 | 1,480.5 | — | |
| + Other Inflows / (Outflows) — Financing | 2.3 | -3.5 | 64.0 | -4.7 | — | |
| Cash from Financing Activities | -2,011.1 | 176.3 | -2,334.5 | -5,546.8 | — | |
| Net Changes in Cash (pre-FX) | -98.5 | 1,186.5 | -642.3 | 1,521.7 | — | |
| Net Changes in Cash | -98.5 | 1,186.5 | -642.3 | 1,521.7 | — | |
| Closing Cash | 207.4 | 1,393.8 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 1,725.9 | 2,123.6 | 2,108.6 | 1,448.4 | 974.0 | |
| EBITDA Margin % | 30.31 | 33.04 | 26.38 | 17.68 | 15.28 | |
| Free Cash Flow (CFO − Capex) | 2,311.5 | 2,423.3 | 5,139.2 | 6,218.2 | 6,218.2 | |
| Free Cash Flow to Equity | — | 3,631.7 | 4,023.7 | 1,942.4 | — | |
| Free Cash Flow per Basic Share | 9.34 | 9.79 | 20.76 | 25.12 | 25.12 | |
| Price to Free Cash Flow | — | — | — | — | 27.64 | |
| Cash Flow to Net Income | 1.17 | 0.93 | 1.20 | 1.44 | — | |
| Cash Paid for Taxes | 85.8 | 257.2 | 121.9 | 666.0 | — | |
| Cash Paid for Interest | 370.2 | 291.4 | 384.4 | 218.0 | — | |