Greaves Cotton cash flow

Latest FY26

Cash from operations: ₹32.6cr−₹22.5 cr in FY25
Capital spending: ₹95.7cr+16.9% on FY25
Free cash flow: −₹63.1cr−₹104 cr in FY25
Cash from financing: ₹123cr−₹40.0 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 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.
	—	109	103	84.4	56.7
	—	16.5	0.0	0.0	17.1
	—	26.1	16.3	9.2	11.7
	—	−25.6	−29.1	−44.6	−52.4
	—	−5.2	−13.2	−7.4	−1.7
	—	5.2	−3.8	10.3	9.9
	—	−1.4	0.5	0.1	0.0
	—	1.6	−0.7	20.3	18.1
	—	0.3	−5.3	321	−5.4
	—	21.2	−59.4	−2.9	−21.6
	—	−15.9	−99.4	−39.7	2.2
	—	−242	−111	71.1	−333
	—	76.3	173	−202	63.2
	—	0.0	0.0	0.0	26.1
	—	31.3	21.9	14.4	0.0
Cash from operating activities
	56.1	115	72.5	−272	120
	—	−3.1	−6.0	233	−209
	—	112	66.5	−38.9	−88.9
	—	79.3	89.0	114	46.2
	—	32.6	−22.5	−153	−135
Cash from investing activities
	—	36.5	42.3	104	235
	—	59.1	39.6	55.3	0.0
	—	2.0	2.9	86.6	50.6
	—	419	281	367	0.0
	—	322	402	895	0.0
	—	6.0	75.9	239	0.0
	—	0.0	0.0	0.0	13.8
	—	31.4	30.7	50.3	38.4
	—	65.3	53.1	−35.5	−598
	—	−99.5	49.7	232	−758
Cash from financing activities
	—	0.0	0.0	0.0	1,141
	—	0.0	29.5	2.8	0.0
	—	0.1	0.1	0.1	0.0
	—	65.9	0.0	0.0	0.0
	—	318	3.9	5.3	0.0
	—	45.6	0.0	0.0	229
	—	15.9	13.5	12.9	9.7
	—	0.0	13.5	6.4	9.5
	—	46.6	46.5	20.9	4.6
	—	−21.8	0.0	0.0	0.0
	—	123	−40.0	−32.0	889
	—	55.9	−12.8	47.4	−4.3
	—	55.9	−12.8	47.4	−4.3
	—	140	—	148	86.4
Reference items
	260	239	136	91.5	133
	6.5%	7.0%	4.7%	3.5%	4.9%
	−63.1	−63.1	−104	−312	−370
	—	—	−114	−272	—
	−₹2.71	−₹2.71	−₹4.48	−₹13.39	−₹15.90
	—	0.92×	3.59×	0.42×	−1.94×
	—	79.3	89.0	114	46.2
	—	—	13.5	6.4	9.5

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

alphave

GREAVESCOT₹186.80

Greaves Cotton Ltd.

· Capital Goods & Defence

₹ CrorePeersKIRLOSENG OLAELEC GRWRHITECH GMMPFAUDLR FINPIPE EPL INOXINDIA ELECTCASTMcap ₹4,351 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 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	56.7	84.4	103.5	108.8	—
+ Impairment Loss / (Reversal)	17.1	0.0	0.0	16.5	—
+ Finance Costs	11.7	9.2	16.3	26.1	—
+ Interest Income	-52.4	-44.6	-29.1	-25.6	—
+ Fair Value (Gains) / Losses	-1.7	-7.4	-13.2	-5.2	—
+ Share-based Payments	9.9	10.3	-3.8	5.2	—
+ Unrealised FX (Gain) / Loss	0.0	0.1	0.5	-1.4	—
+ Other Non-cash Items	18.1	20.3	-0.7	1.6	—
+ Other — Cash Effects are Investing / Financing	-5.4	320.6	-5.3	0.3	—
Changes in Working Capital
+ Inventories	-21.6	-2.9	-59.4	21.2	—
+ Trade Receivables — Current	2.2	-39.7	-99.4	-15.9	—
+ Other Current Assets	-332.5	71.1	-110.8	-242.2	—
+ Trade Payables — Current	63.2	-202.5	173.5	76.3	—
+ Other Current Liabilities	26.1	0.0	0.0	0.0	—
+ Provisions — Current	0.0	14.4	21.9	31.3	—
Cash from Operating Activities
Profit Before Tax (per I/S)	119.7	-272.2	72.5	114.9	56.1
+ Total Adjustments (incl. Working Capital)	-208.6	233.4	-6.0	-3.1	—
Cash from Operations (pre-tax)	-88.9	-38.9	66.5	111.9	—
+ Income Taxes Paid	46.2	114.2	89.0	79.3	—
Cash from Operating Activities	-135.2	-153.0	-22.5	32.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	235.1	103.5	42.3	36.5	—
+ Acq of Intangible Assets	0.0	55.3	39.6	59.1	—
+ Disp of Fixed Assets	50.6	86.6	2.9	2.0	—
+ Acq of Other Long-term Assets	0.0	366.7	280.8	418.9	—
+ Disp of Other Long-term Assets	0.0	895.0	401.7	322.4	—
+ Purchase of Investments (Equity / Debt)	0.0	238.5	75.9	6.0	—
+ Loans & Advances Made	13.8	0.0	0.0	0.0	—
+ Interest Received — Investing	38.4	50.3	30.7	31.4	—
+ Other Inflows / (Outflows) — Investing	-597.7	-35.5	53.1	65.3	—
Cash from Investing Activities	-757.7	232.4	49.7	-99.5	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	1,141.5	0.0	0.0	0.0	—
+ Proceeds from Other Equity Instruments	0.0	2.8	29.5	0.0	—
+ Proceeds from Exercise of Stock Options	0.0	0.1	0.1	0.1	—
+ Payments — Change in Ownership of Subsidiaries	0.0	0.0	0.0	65.9	—
+ Proceeds from Borrowings	0.0	5.3	3.9	318.4	—
+ Repayment of Borrowings	229.2	0.0	0.0	45.6	—
+ Payment of Lease Liabilities	9.7	12.9	13.5	15.9	—
+ Interest Paid	9.5	6.4	13.5	0.0	—
+ Dividends Paid	4.6	20.9	46.5	46.6	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-21.8	—
Cash from Financing Activities	888.6	-32.0	-40.0	122.8	—
Net Changes in Cash (pre-FX)	-4.3	47.4	-12.8	55.9	—
Net Changes in Cash	-4.3	47.4	-12.8	55.9	—
Closing Cash	86.4	147.8	—	140.1	—
Reference Items
EBITDA	133.4	91.5	135.7	239.1	260.0
EBITDA Margin %	4.94	3.47	4.65	6.96	6.46
Free Cash Flow (CFO − Capex)	-370.2	-311.9	-104.4	-63.1	-63.1
Free Cash Flow to Equity	—	-272.3	-113.9	—	—
Free Cash Flow per Basic Share	-15.90	-13.39	-4.48	-2.71	-2.71
Cash Flow to Net Income	-1.94	0.42	3.59	0.92	—
Cash Paid for Taxes	46.2	114.2	89.0	79.3	—
Cash Paid for Interest	9.5	6.4	13.5	—	—

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.

« ‹ › »Latest: FY26 · ConsolidatedFA 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%.