FSN E-Commerce Ventures cash flow

Latest FY26

Cash from operations: ₹644cr+38.1% on FY25
Capital spending: ₹154cr+20.9% on FY25
Free cash flow: ₹490cr+44.5% on FY25
Cash from financing: −₹433cr−₹212 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.
	—	320	266	224	173
	—	117	107	82.8	74.6
	—	−25.0	−18.3	−19.7	−21.9
	—	0.0	0.0	0.6	0.0
	—	16.7	16.9	16.4	9.4
	—	−3.2	0.0	0.0	−0.3
	—	38.4	5.5	9.4	10.4
	—	−225	−217	−187	−130
	—	−47.0	−3.9	−89.4	−71.9
	—	−18.8	14.0	−59.2	−9.1
	—	−27.1	−7.4	−10.7	−22.3
	—	−101	−83.2	−112	−121
	—	5.2	−0.7	3.2	−6.8
	—	98.0	246	122	−98.7
	—	246	63.4	86.1	109
	—	50.9	13.2	−0.5	25.1
	—	16.6	1.2	−2.7	1.7
	—	−13.3	−4.2	−0.9	−5.6
Cash from operating activities
	416	330	127	69.0	38.4
	—	449	399	62.4	−83.5
	—	779	526	131	−45.1
	—	135	59.7	131	95.1
	—	644	467	0.3	−140
Cash from investing activities
	—	154	127	111	208
	—	2.1	0.0	0.0	0.0
	—	0.0	29.0	0.0	41.7
	—	0.0	0.0	0.0	28.6
	—	0.0	0.0	79.3	0.0
	—	0.0	0.0	158	0.0
	—	20.3	9.6	21.8	18.1
	—	−27.4	−58.8	0.0	400
	—	−159	−205	−10.1	140
Cash from financing activities
	—	38.7	31.2	17.2	28.8
	—	0.0	0.0	10.7	0.0
	—	3.5	268	0.0	0.0
	—	6.4	277	220	127
	—	214	0.4	0.4	0.6
	—	173	0.0	117	82.0
	—	—	—	0.0	34.9
	—	119	72.4	87.1	33.4
	—	32.1	−180	0.0	0.0
	—	−433	−212	44.3	4.9
	—	52.3	49.2	34.4	4.2
	—	52.3	49.2	34.4	4.2
	—	—	—	75.8	41.4
Reference items
	848	752	474	346	256
	8.0%	7.5%	6.0%	5.4%	5.0%
	490	490	339	−110	−348
	—	157	548	22.5	—
	₹1.71	₹1.71	₹1.19	−₹0.39	−₹1.22
	185.95×	—	—	—	—
	—	3.16×	6.47×	0.01×	−6.69×
	—	135	59.7	131	95.1
	—	119	72.4	87.1	33.4

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

alphave

NYKAA₹318.50

FSN E-Commerce Ventures Ltd.

· Consumer Services

₹ CrorePeersMEESHO TRENT ETERNAL GMRAIRPORT SWIGGY CONCOR IRCTC NAUKRIMcap ₹91,196 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	173.3	224.2	266.4	320.3	—
+ Finance Costs	74.6	82.8	107.3	117.1	—
+ Interest Income	-21.9	-19.7	-18.3	-25.0	—
+ Fair Value (Gains) / Losses	0.0	0.6	0.0	0.0	—
+ Share-based Payments	9.4	16.4	16.9	16.7	—
+ Unrealised FX (Gain) / Loss	-0.3	0.0	0.0	-3.2	—
+ Other Non-cash Items	10.4	9.4	5.5	38.4	—
Changes in Working Capital
+ Inventories	-129.5	-186.9	-217.0	-224.6	—
+ Trade Receivables — Current	-71.9	-89.4	-3.9	-47.0	—
+ Other Financial Assets — Current	-9.1	-59.2	14.0	-18.8	—
+ Other Financial Assets — Non-current	-22.3	-10.7	-7.4	-27.1	—
+ Other Current Assets	-121.3	-112.4	-83.2	-101.2	—
+ Other Non-current Assets	-6.8	3.2	-0.7	5.2	—
+ Trade Payables — Current	-98.7	122.1	245.8	98.0	—
+ Other Financial Liabilities — Current	109.5	86.1	63.4	246.2	—
+ Other Current Liabilities	25.1	-0.5	13.2	50.9	—
+ Provisions — Current	1.7	-2.7	1.2	16.6	—
+ Provisions — Non-current	-5.6	-0.9	-4.2	-13.3	—
Cash from Operating Activities
Profit Before Tax (per I/S)	38.4	69.0	127.5	330.2	415.7
+ Total Adjustments (incl. Working Capital)	-83.5	62.4	398.9	449.2	—
Cash from Operations (pre-tax)	-45.1	131.5	526.4	779.5	—
+ Income Taxes Paid	95.1	131.2	59.7	135.2	—
Cash from Operating Activities	-140.2	0.3	466.6	644.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	208.2	110.7	127.2	153.9	—
+ Disp of Fixed Assets	0.0	0.0	0.0	2.1	—
+ Purchase of Investments (Equity / Debt)	41.7	0.0	29.0	0.0	—
+ Acq of Subsidiaries / Businesses (net)	28.6	0.0	0.0	0.0	—
+ Loans & Advances Made	0.0	79.3	0.0	0.0	—
+ Loans & Advances Repaid	0.0	158.1	0.0	0.0	—
+ Interest Received — Investing	18.1	21.8	9.6	20.3	—
+ Other Inflows / (Outflows) — Investing	399.9	0.0	-58.8	-27.4	—
Cash from Investing Activities	139.6	-10.1	-205.4	-158.9	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	28.8	17.2	31.2	38.7	—
+ Proceeds — Change in Ownership of Subsidiaries	0.0	10.7	0.0	0.0	—
+ Payments — Change in Ownership of Subsidiaries	0.0	0.0	267.9	3.5	—
+ Proceeds from Borrowings	126.9	220.4	277.1	6.4	—
+ Repayment of Borrowings	0.6	0.4	0.4	214.3	—
+ Payment of Lease Liabilities	82.0	116.7	0.0	173.4	—
+ Payment of Finance Lease Liabilities	34.9	0.0	—	—	—
+ Interest Paid	33.4	87.1	72.4	119.1	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	-179.7	32.1	—
Cash from Financing Activities	4.9	44.3	-212.0	-433.1	—
Net Changes in Cash (pre-FX)	4.2	34.4	49.2	52.3	—
Net Changes in Cash	4.2	34.4	49.2	52.3	—
Closing Cash	41.4	75.8	—	—	—
Reference Items
EBITDA	256.0	346.2	473.9	752.3	847.7
EBITDA Margin %	4.98	5.42	5.96	7.51	7.96
Free Cash Flow (CFO − Capex)	-348.4	-110.5	339.4	490.4	490.4
Free Cash Flow to Equity	—	22.5	548.0	157.2	—
Free Cash Flow per Basic Share	-1.22	-0.39	1.19	1.71	1.71
Price to Free Cash Flow	—	—	—	—	185.95
Cash Flow to Net Income	-6.69	0.01	6.47	3.16	—
Cash Paid for Taxes	95.1	131.2	59.7	135.2	—
Cash Paid for Interest	33.4	87.1	72.4	119.1	—

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%.