EMS cash flow

Latest FY26

Cash from operations: −₹14.9cr₹33.5 cr in FY25
Capital spending: ₹72.8cr+1,048.2% on FY25
Free cash flow: −₹87.7cr₹27.2 cr in FY25
Cash from financing: −₹2.2cr₹0.9 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024

Adjustments to reconcile profit — non-cash items
	—	10.2	9.6	6.5
	—	0.0	0.0	6.3
	—	0.0	0.0	−9.1
	—	0.0	0.1	−0.2
	—	0.0	−0.0	−8.6
Changes in working capital
	—	−177	40.5	15.9
	—	−4.3	−134	−50.6
	—	0.0	4.0	−119
	—	−1.4	1.9	2.7
	—	−14.9	−34.2	−63.4
	—	17.6	−39.0	−47.7
	—	18.0	6.6	−7.3
	—	−4.6	12.5	−11.3
	—	−3.7	1.4	−12.9
	—	48.9	−22.3	17.7
	—	0.1	0.0	0.0
	—	0.8	0.4	0.3
Cash from operating activities
	99.4	129	249	207
	—	−111	−153	−281
	—	18.3	96.2	−74.0
	—	−11.8	−8.9	0.0
	—	−13.2	−8.4	0.0
	—	0.6	0.0	0.0
	—	35.1	62.3	42.0
	—	−14.9	33.5	−116
Cash from investing activities
	—	72.8	6.3	32.9
	—	0.0	0.2	9.0
	—	2.7	5.6	11.8
	—	0.0	5.9	0.0
	—	11.8	8.9	9.1
	—	3.8	27.9	−43.1
	—	−59.9	19.2	−69.5
Cash from financing activities
	—	0.0	0.0	163
	—	22.2	15.3	25.3
	—	0.0	−0.1	0.0
	—	13.2	8.4	6.3
	—	8.3	5.6	5.6
	—	−2.9	−0.5	0.0
	—	−2.2	0.9	176
	—	−77.1	53.6	−9.3
	—	−77.1	53.6	−9.3
	—	—	—	72.3
Reference items
	111	140	251	204
	17.1%	19.2%	26.0%	25.7%
	−87.7	−87.7	27.2	−149
	—	−32.7	34.0	—
	−₹15.80	−₹15.80	₹4.90	−₹26.81
	—	−0.16×	0.18×	−0.76×
	—	35.1	62.3	42.0
	—	13.2	8.4	6.3

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

alphave

EMSLIMITED₹290.65

EMS Limited

· Energy & Power

₹ CrorePeersAWHCL CEWATER RACE ECORECOMcap ₹1,614 Cr

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In ₹ Crore except Per Share 12 Months Ending	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	6.5	9.6	10.2	—
+ Finance Costs	6.3	0.0	0.0	—
+ Interest Income	-9.1	0.0	0.0	—
+ Fair Value (Gains) / Losses	-0.2	0.1	0.0	—
+ Other Non-cash Items	-8.6	-0.0	0.0	—
Changes in Working Capital
+ Inventories	15.9	40.5	-177.5	—
+ Trade Receivables — Current	-50.6	-134.2	-4.3	—
+ Trade Receivables — Non-current	-119.1	4.0	0.0	—
+ Other Financial Assets — Current	2.7	1.9	-1.4	—
+ Other Financial Assets — Non-current	-63.4	-34.2	-14.9	—
+ Other Current Assets	-47.7	-39.0	17.6	—
+ Trade Payables — Current	-7.3	6.6	18.0	—
+ Other Financial Liabilities — Current	-11.3	12.5	-4.6	—
+ Other Financial Liabilities — Non-current	-12.9	1.4	-3.7	—
+ Other Current Liabilities	17.7	-22.3	48.9	—
+ Provisions — Current	0.0	0.0	0.1	—
+ Provisions — Non-current	0.3	0.4	0.8	—
Cash from Operating Activities
Profit Before Tax (per I/S)	206.8	249.0	129.2	99.4
+ Total Adjustments (incl. Working Capital)	-280.8	-152.7	-110.9	—
Cash from Operations (pre-tax)	-74.0	96.2	18.3	—
+ Interest Received — Operating	0.0	-8.9	-11.8	—
+ Interest Paid — Operating	0.0	-8.4	-13.2	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	0.6	—
+ Income Taxes Paid	42.0	62.3	35.1	—
Cash from Operating Activities	-116.0	33.5	-14.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	32.9	6.3	72.8	—
+ Disp of Fixed Assets	9.0	0.2	0.0	—
+ Acq of Investment Property	11.8	5.6	2.7	—
+ Acq of Other Long-term Assets	0.0	5.9	0.0	—
+ Interest Received — Investing	9.1	8.9	11.8	—
+ Other Inflows / (Outflows) — Investing	-43.1	27.9	3.8	—
Cash from Investing Activities	-69.5	19.2	-59.9	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	162.8	0.0	0.0	—
+ Proceeds from Borrowings	25.3	15.3	22.2	—
+ Payment of Lease Liabilities	0.0	-0.1	0.0	—
+ Interest Paid	6.3	8.4	13.2	—
+ Dividends Paid	5.6	5.6	8.3	—
+ Other Inflows / (Outflows) — Financing	0.0	-0.5	-2.9	—
Cash from Financing Activities	176.2	0.9	-2.2	—
Net Changes in Cash (pre-FX)	-9.3	53.6	-77.1	—
Net Changes in Cash	-9.3	53.6	-77.1	—
Closing Cash	72.3	—	—	—
Reference Items
EBITDA	203.8	251.2	140.4	111.3
EBITDA Margin %	25.70	26.01	19.16	17.10
Free Cash Flow (CFO − Capex)	-148.9	27.2	-87.7	-87.7
Free Cash Flow to Equity	—	34.0	-32.7	—
Free Cash Flow per Basic Share	-26.81	4.90	-15.80	-15.80
Cash Flow to Net Income	-0.76	0.18	-0.16	—
Cash Paid for Taxes	42.0	62.3	35.1	—
Cash Paid for Interest	6.3	8.4	13.2	—

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%.