Esab India cash flow

Latest FY26

Cash from operations: ₹181cr−9.1% on FY25
Capital spending: ₹31.6cr+12.8% on FY25
Free cash flow: ₹149cr−12.7% on FY25
Cash from financing: −₹143cr−₹157 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.
	—	17.1	14.9	13.8	11.9
	—	2.1	1.7	0.4	0.3
	—	−1.1	0.0	0.0	−1.1
	—	−0.2	−1.3	0.0	−1.0
	—	3.3	0.0	0.0	0.0
	—	1.1	−0.7	0.7	1.1
	—	−17.3	0.0	0.0	0.0
	—	−10.0	−19.4	12.2	−18.5
	—	−29.6	−38.6	−39.5	−15.1
	—	0.5	−0.3	−1.9	−0.6
	—	−0.2	0.0	0.0	0.0
	—	1.4	0.1	−5.0	−1.6
	—	0.3	0.3	−1.6	−1.0
	—	12.0	60.1	−18.9	7.4
	—	0.2	5.2	26.2	12.0
	—	1.2	−0.3	−8.7	−3.8
	—	2.2	3.0	3.6	0.3
Cash from operating activities
	295	274	236	220	182
	—	−17.1	25.0	−18.6	−9.8
	—	257	261	201	173
	—	0.0	0.0	−1.2	0.0
	—	76.2	61.9	59.1	43.3
	—	181	199	141	129
Cash from investing activities
	—	31.6	28.0	28.5	33.6
	—	2.9	0.1	2.2	2.2
	—	174	0.0	0.0	0.0
	—	193	222	180	298
	—	0.0	200	181	333
	—	0.0	11.4	15.1	0.0
	—	0.0	12.3	21.8	0.0
	—	1.2	1.3	1.2	1.1
	—	0.4	33.1	−36.9	0.0
	—	−45.8	−14.6	−55.0	5.2
Cash from financing activities
	—	0.6	0.7	0.7	1.8
	—	—	—	0.0	0.3
	—	0.4	0.4	0.0	0.0
	—	142	156	80.1	120
	—	0.0	0.0	−0.4	0.0
	—	−143	−157	−81.1	−122
	—	−7.7	26.8	4.9	12.2
	—	−7.7	26.8	4.9	12.2
	—	—	—	38.4	33.4
Reference items
	290	270	245	228	187
	18.4%	17.9%	17.8%	18.3%	17.1%
	149	149	171	113	95.7
	—	149	170	—	—
	₹96.91	₹96.91	₹111.01	₹73.13	₹62.16
	54.92×	—	—	—	—
	—	0.87×	1.13×	0.87×	0.95×
	—	76.2	61.9	59.1	43.3
	—	0.4	0.4	—	—

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

alphave

ESABINDIA₹5,322.00

Esab India Limited

· Capital Goods & Defence

₹ CrorePeersHARSHA ADOR DIFFNKG MALLCOM DELTAMAGNT WHBRADYMcap ₹8,191 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	11.9	13.8	14.9	17.1	—
+ Finance Costs	0.3	0.4	1.7	2.1	—
+ Interest Income	-1.1	0.0	0.0	-1.1	—
+ Fair Value (Gains) / Losses	-1.0	0.0	-1.3	-0.2	—
+ Share-based Payments	0.0	0.0	0.0	3.3	—
+ Unrealised FX (Gain) / Loss	1.1	0.7	-0.7	1.1	—
+ Other Non-cash Items	0.0	0.0	0.0	-17.3	—
Changes in Working Capital
+ Inventories	-18.5	12.2	-19.4	-10.0	—
+ Trade Receivables — Current	-15.1	-39.5	-38.6	-29.6	—
+ Other Financial Assets — Current	-0.6	-1.9	-0.3	0.5	—
+ Other Financial Assets — Non-current	0.0	0.0	0.0	-0.2	—
+ Other Current Assets	-1.6	-5.0	0.1	1.4	—
+ Other Non-current Assets	-1.0	-1.6	0.3	0.3	—
+ Trade Payables — Current	7.4	-18.9	60.1	12.0	—
+ Other Financial Liabilities — Current	12.0	26.2	5.2	0.2	—
+ Other Current Liabilities	-3.8	-8.7	-0.3	1.2	—
+ Provisions — Current	0.3	3.6	3.0	2.2	—
Cash from Operating Activities
Profit Before Tax (per I/S)	182.3	220.0	235.7	274.0	294.9
+ Total Adjustments (incl. Working Capital)	-9.8	-18.6	25.0	-17.1	—
Cash from Operations (pre-tax)	172.5	201.4	260.7	256.9	—
+ Interest Received — Operating	0.0	-1.2	0.0	0.0	—
+ Income Taxes Paid	43.3	59.1	61.9	76.2	—
Cash from Operating Activities	129.2	141.0	198.8	180.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	33.6	28.5	28.0	31.6	—
+ Disp of Fixed Assets	2.2	2.2	0.1	2.9	—
+ Disp of Intangible Assets	0.0	0.0	0.0	174.3	—
+ Acq of Investment Property	297.5	180.3	221.7	193.0	—
+ Disp of Investment Property	332.9	180.6	199.7	0.0	—
+ Acq of Other Long-term Assets	0.0	15.1	11.4	0.0	—
+ Disp of Other Long-term Assets	0.0	21.8	12.3	0.0	—
+ Interest Received — Investing	1.1	1.2	1.3	1.2	—
+ Other Inflows / (Outflows) — Investing	0.0	-36.9	33.1	0.4	—
Cash from Investing Activities	5.2	-55.0	-14.6	-45.8	—
Cash from Financing Activities
+ Payment of Lease Liabilities	1.8	0.7	0.7	0.6	—
+ Payment of Finance Lease Liabilities	0.3	0.0	—	—	—
+ Interest Paid	0.0	0.0	0.4	0.4	—
+ Dividends Paid	120.1	80.1	156.4	141.6	—
+ Other Inflows / (Outflows) — Financing	0.0	-0.4	0.0	0.0	—
Cash from Financing Activities	-122.2	-81.1	-157.4	-142.6	—
Net Changes in Cash (pre-FX)	12.2	4.9	26.8	-7.7	—
Net Changes in Cash	12.2	4.9	26.8	-7.7	—
Closing Cash	33.4	38.4	—	—	—
Reference Items
EBITDA	186.7	227.7	244.5	269.8	289.9
EBITDA Margin %	17.11	18.31	17.80	17.89	18.38
Free Cash Flow (CFO − Capex)	95.7	112.5	170.9	149.1	149.1
Free Cash Flow to Equity	—	—	170.4	148.8	—
Free Cash Flow per Basic Share	62.16	73.13	111.01	96.91	96.91
Price to Free Cash Flow	—	—	—	—	54.92
Cash Flow to Net Income	0.95	0.87	1.13	0.87	—
Cash Paid for Taxes	43.3	59.1	61.9	76.2	—
Cash Paid for Interest	—	—	0.4	0.4	—

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.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

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%.