| Tap a line for its trend | Last 12Mto Jun 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. | |||||
|---|---|---|---|---|---|---|
| — | 158 | 144 | 147 | 119 | ||
| — | 98.6 | 88.7 | 94.8 | 0.0 | ||
| — | −9.9 | −5.8 | −13.8 | −0.1 | ||
| — | −5.6 | 2.5 | 0.0 | 0.0 | ||
| — | −0.1 | 0.9 | 2.4 | 2.8 | ||
| — | 72.3 | 0.5 | 17.4 | −5.5 | ||
| — | −6.7 | 36.3 | −0.5 | 21.6 | ||
| — | 0.0 | 0.0 | 0.0 | 66.6 | ||
Changes in working capital | ||||||
| — | −82.4 | 69.1 | 151 | −61.9 | ||
| — | −227 | 52.4 | 58.3 | −299 | ||
| — | 0.0 | 0.0 | 0.0 | −0.0 | ||
| — | 0.0 | 0.0 | 0.0 | −22.7 | ||
| — | 357 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | −44.5 | −335 | 141 | ||
| — | 2.0 | 14.0 | 1.8 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 20.8 | ||
Cash from operating activities | ||||||
| 117 | 102 | 96.3 | 255 | 275 | ||
| — | 356 | 359 | 122 | −16.0 | ||
| — | 457 | 455 | 378 | 259 | ||
| — | 68.7 | 76.7 | 94.0 | 74.5 | ||
| — | 389 | 378 | 284 | 185 | ||
Cash from investing activities | ||||||
| — | 77.9 | 62.9 | 63.8 | 68.8 | ||
| — | 55.8 | 3.1 | 1.2 | 45.4 | ||
| — | 0.0 | 0.0 | 0.0 | 0.1 | ||
| — | 3.5 | 0.0 | 0.0 | 0.0 | ||
| — | 108 | 0.0 | 23.2 | 264 | ||
| — | 9.6 | 5.9 | 13.8 | 0.1 | ||
| — | −30.0 | 1.7 | 40.2 | −24.0 | ||
| — | −154 | −52.3 | −31.7 | −311 | ||
Cash from financing activities | ||||||
| — | 0.0 | 4.2 | 0.0 | 0.0 | ||
| — | 0.5 | 0.0 | 0.0 | 0.0 | ||
| — | 341 | 149 | 250 | 566 | ||
| — | 234 | 216 | 351 | 340 | ||
| — | 55.1 | 49.7 | 46.3 | 29.4 | ||
| — | 87.4 | 79.3 | 88.1 | 57.8 | ||
| — | 8.7 | 8.8 | 8.9 | 9.0 | ||
| — | 0.0 | 0.0 | 0.0 | 0.0 | ||
| — | −43.9 | −201 | −244 | 130 | ||
| — | 191 | 125 | 8.2 | 3.5 | ||
| — | 191 | 125 | 8.2 | 3.5 | ||
| — | — | — | 320 | 311 | ||
Reference items | ||||||
| 395 | 403 | 361 | 477 | 431 | ||
| 10.8% | 11.4% | 11.3% | 13.8% | 13.6% | ||
| 311 | 311 | 315 | 220 | 116 | ||
| — | 408 | 174 | 47.1 | — | ||
| ₹69.16 | ₹69.16 | ₹70.12 | ₹48.97 | ₹25.79 | ||
| 18.74× | — | — | — | — | ||
| — | 7.50× | 7.69× | 1.63× | 0.87× | ||
| — | 68.7 | 76.7 | 94.0 | 74.5 | ||
| — | 87.4 | 79.3 | 88.1 | 57.8 | ||
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 30/06/2026 | |
|---|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||||
| + Depreciation & Amortisation | 119.5 | 146.7 | 144.4 | 157.6 | — | |
| + Finance Costs | 0.0 | 94.8 | 88.7 | 98.6 | — | |
| + Interest Income | -0.1 | -13.8 | -5.8 | -9.9 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | 2.5 | -5.6 | — | |
| + Share-based Payments | 2.8 | 2.4 | 0.9 | -0.1 | — | |
| + Unrealised FX (Gain) / Loss | -5.5 | 17.4 | 0.5 | 72.3 | — | |
| + Other Non-cash Items | 21.6 | -0.5 | 36.3 | -6.7 | — | |
| + Other Reconciling Items | 66.6 | 0.0 | 0.0 | 0.0 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -61.9 | 150.7 | 69.1 | -82.4 | — | |
| + Trade Receivables — Current | -298.5 | 58.3 | 52.4 | -227.4 | — | |
| + Other Current Assets | -0.0 | 0.0 | 0.0 | 0.0 | — | |
| + Other Non-current Assets | -22.7 | 0.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 0.0 | 0.0 | 357.1 | — | |
| + Other Financial Liabilities — Current | 141.5 | -335.2 | -44.5 | 0.0 | — | |
| + Provisions — Current | 0.0 | 1.8 | 14.0 | 2.0 | — | |
| + Provisions — Non-current | 20.8 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 275.2 | 255.4 | 96.3 | 102.0 | 116.8 | |
| + Total Adjustments (incl. Working Capital) | -16.0 | 122.5 | 358.5 | 355.5 | — | |
| Cash from Operations (pre-tax) | 259.3 | 377.9 | 454.8 | 457.5 | — | |
| + Income Taxes Paid | 74.5 | 94.0 | 76.7 | 68.7 | — | |
| Cash from Operating Activities | 184.8 | 283.9 | 378.1 | 388.8 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 68.8 | 63.8 | 62.9 | 77.9 | — | |
| + Disp of Fixed Assets | 45.4 | 1.2 | 3.1 | 55.8 | — | |
| + Disp of Investment Property | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 0.0 | 3.5 | — | |
| + Acq of Subsidiaries / Businesses (net) | 263.9 | 23.2 | 0.0 | 108.3 | — | |
| + Interest Received — Investing | 0.1 | 13.8 | 5.9 | 9.6 | — | |
| + Other Inflows / (Outflows) — Investing | -24.0 | 40.2 | 1.7 | -30.0 | — | |
| Cash from Investing Activities | -311.1 | -31.7 | -52.3 | -154.3 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 4.2 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 0.0 | 0.5 | — | |
| + Proceeds from Borrowings | 566.2 | 250.2 | 149.0 | 341.0 | — | |
| + Repayment of Borrowings | 340.2 | 350.9 | 215.9 | 234.2 | — | |
| + Payment of Lease Liabilities | 29.4 | 46.3 | 49.7 | 55.1 | — | |
| + Interest Paid | 57.8 | 88.1 | 79.3 | 87.4 | — | |
| + Dividends Paid | 9.0 | 8.9 | 8.8 | 8.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 129.9 | -244.0 | -200.6 | -43.9 | — | |
| Net Changes in Cash (pre-FX) | 3.5 | 8.2 | 125.2 | 190.6 | — | |
| Net Changes in Cash | 3.5 | 8.2 | 125.2 | 190.6 | — | |
| Closing Cash | 311.5 | 319.6 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 431.2 | 476.8 | 361.1 | 402.6 | 395.4 | |
| EBITDA Margin % | 13.57 | 13.83 | 11.29 | 11.43 | 10.82 | |
| Free Cash Flow (CFO − Capex) | 115.9 | 220.1 | 315.2 | 310.9 | 310.9 | |
| Free Cash Flow to Equity | — | 47.1 | 174.4 | 407.9 | — | |
| Free Cash Flow per Basic Share | 25.79 | 48.97 | 70.12 | 69.16 | 69.16 | |
| Price to Free Cash Flow | — | — | — | — | 18.74 | |
| Cash Flow to Net Income | 0.87 | 1.63 | 7.69 | 7.50 | — | |
| Cash Paid for Taxes | 74.5 | 94.0 | 76.7 | 68.7 | — | |
| Cash Paid for Interest | 57.8 | 88.1 | 79.3 | 87.4 | — | |