Eicher Motors cash flow

Latest FY26

Cash from operations: ₹4,805cr+20.7% on FY25
Capital spending: ₹1,275cr+22.7% on FY25
Free cash flow: ₹3,530cr+20.0% on FY25
Cash from financing: −₹1,983cr−₹1,399 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.
	—	840	729	598	526
	—	71.5	54.3	50.9	28.0
	—	−474	−317	−204	−176
	—	−753	−873	−786	−347
	—	55.1	47.5	0.0	0.0
	—	−122	−33.2	−21.7	1.8
	—	−37.5	8.6	29.8	34.9
	—	−404	−154	−131	−146
	—	190	−176	−5.2	−59.0
	—	24.6	−4.1	−13.8	7.7
	—	−2.9	−4.8	−5.0	−0.8
	—	−277	−104	25.0	−43.6
	—	−109	6.5	−17.6	−27.4
	—	261	440	304	22.2
	—	88.2	9.9	77.5	20.6
	—	−14.4	14.5	−1.9	−0.1
	—	218	127	71.7	131
	—	192	27.4	104	106
	—	52.0	13.5	−87.9	25.6
	—	59.1	15.3	67.9	30.0
Cash from operating activities
	6,626	6,304	5,233	4,754	3,484
	—	−141	−173	55.3	133
	—	6,163	5,060	4,810	3,618
	—	1,358	1,080	1,068	770
	—	4,805	3,980	3,742	2,847
Cash from investing activities
	—	1,275	1,039	819	682
	—	8.7	10.9	4.2	8.8
	—	0.0	10,106	9,362	9,419
	—	0.0	8,291	7,009	7,781
	—	0.0	0.0	4.1	443
	—	0.0	5.0	0.0	0.0
	—	218	136	95.2	40.8
	—	337	188	112	204
	—	−2,252	30.9	112	87.9
	—	−2,964	−2,483	−2,852	−2,422
Cash from financing activities
	—	12.3	96.7	46.6	11.2
	—	85.4	38.2	319	195
	—	71.0	43.2	127	19.6
	—	74.3	68.5	37.1	18.9
	—	37.5	24.5	35.4	18.2
	—	1,920	1,397	1,013	574
	—	22.2	0.0	2.3	7.2
	—	−1,983	−1,399	−844	−417
	—	−142	97.9	45.4	8.4
	—	130	22.7	0.0	0.0
	—	−11.6	121	45.4	8.4
	—	207	219	98.4	53.0
Reference items
	6,173	5,785	4,712	4,327	3,444
	24.7%	24.7%	25.0%	26.2%	23.8%
	3,530	3,530	2,941	2,923	2,165
	—	3,545	2,907	2,968	—
	₹128.68	₹128.68	₹107.20	₹106.57	₹78.93
	56.25×	—	—	—	—
	—	0.87×	0.84×	0.94×	0.98×
	—	1,358	1,080	1,068	770
	—	37.5	24.5	35.4	18.2

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

alphave

EICHERMOT₹7,238.00

Eicher Motors Ltd.

· Auto & Mobility

₹ CrorePeersBAJAJ-AUTO HEROMOTOCO TVSMOTOR MARUTI TMPV M&M MOTHERSON BOSCHLTDMcap ₹1.99L 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	526.2	597.6	729.3	840.4	—
+ Finance Costs	28.0	50.9	54.3	71.5	—
+ Interest Income	-176.5	-203.7	-317.3	-473.9	—
+ Fair Value (Gains) / Losses	-346.9	-785.6	-873.4	-752.7	—
+ Share-based Payments	0.0	0.0	47.5	55.1	—
+ Unrealised FX (Gain) / Loss	1.8	-21.7	-33.2	-121.7	—
+ Other Non-cash Items	34.9	29.8	8.6	-37.5	—
Changes in Working Capital
+ Inventories	-146.0	-131.2	-154.1	-404.1	—
+ Trade Receivables — Current	-59.0	-5.2	-176.0	190.1	—
+ Other Financial Assets — Current	7.7	-13.8	-4.1	24.6	—
+ Other Financial Assets — Non-current	-0.8	-5.0	-4.8	-2.9	—
+ Other Current Assets	-43.6	25.0	-103.8	-276.9	—
+ Other Non-current Assets	-27.4	-17.6	6.5	-109.0	—
+ Trade Payables — Current	22.2	304.2	439.6	260.6	—
+ Other Financial Liabilities — Current	20.6	77.5	9.9	88.2	—
+ Other Financial Liabilities — Non-current	-0.1	-1.9	14.5	-14.4	—
+ Other Current Liabilities	131.0	71.7	127.1	218.4	—
+ Other Non-current Liabilities	105.7	104.2	27.4	192.2	—
+ Provisions — Current	25.6	-87.9	13.5	52.0	—
+ Provisions — Non-current	30.0	67.9	15.3	59.1	—
Cash from Operating Activities
Profit Before Tax (per I/S)	3,484.5	4,754.3	5,233.3	6,304.3	6,626.1
+ Total Adjustments (incl. Working Capital)	133.3	55.3	-173.2	-140.9	—
Cash from Operations (pre-tax)	3,617.7	4,809.6	5,060.1	6,163.3	—
+ Income Taxes Paid	770.3	1,067.8	1,080.2	1,358.5	—
Cash from Operating Activities	2,847.5	3,741.8	3,979.9	4,804.8	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	682.5	818.5	1,039.3	1,275.3	—
+ Disp of Fixed Assets	8.8	4.2	10.9	8.7	—
+ Acq of Other Long-term Assets	9,418.6	9,361.6	10,105.8	0.0	—
+ Disp of Other Long-term Assets	7,780.6	7,008.8	8,291.0	0.0	—
+ Purchase of Investments (Equity / Debt)	443.0	4.1	0.0	0.0	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	5.0	0.0	—
+ Dividends Received — Investing	40.8	95.2	136.0	217.6	—
+ Interest Received — Investing	204.5	111.9	188.0	337.1	—
+ Other Inflows / (Outflows) — Investing	87.9	112.1	30.9	-2,252.2	—
Cash from Investing Activities	-2,421.6	-2,852.0	-2,483.3	-2,964.0	—
Cash from Financing Activities
+ Proceeds from Exercise of Stock Options	11.2	46.6	96.7	12.3	—
+ Proceeds from Borrowings	195.0	319.4	38.2	85.4	—
+ Repayment of Borrowings	19.6	127.2	43.2	71.0	—
+ Payment of Lease Liabilities	18.9	37.1	68.5	74.3	—
+ Interest Paid	18.2	35.4	24.5	37.5	—
+ Dividends Paid	574.2	1,012.9	1,397.5	1,920.0	—
+ Other Inflows / (Outflows) — Financing	7.2	2.3	0.0	22.2	—
Cash from Financing Activities	-417.4	-844.4	-1,398.7	-1,982.9	—
Net Changes in Cash (pre-FX)	8.4	45.4	97.9	-142.0	—
+ Effect of FX Rate Changes on Cash	0.0	0.0	22.7	130.4	—
Net Changes in Cash	8.4	45.4	120.6	-11.6	—
Closing Cash	53.0	98.4	219.0	207.4	—
Reference Items
EBITDA	3,443.6	4,326.9	4,712.0	5,785.1	6,172.9
EBITDA Margin %	23.84	26.17	24.97	24.71	24.69
Free Cash Flow (CFO − Capex)	2,165.0	2,923.2	2,940.6	3,529.6	3,529.6
Free Cash Flow to Equity	—	2,967.7	2,907.0	3,544.6	—
Free Cash Flow per Basic Share	78.93	106.57	107.20	128.68	128.68
Price to Free Cash Flow	—	—	—	—	56.25
Cash Flow to Net Income	0.98	0.94	0.84	0.87	—
Cash Paid for Taxes	770.3	1,067.8	1,080.2	1,358.5	—
Cash Paid for Interest	18.2	35.4	24.5	37.5	—

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 ✓ 147%.