HBL Engineering cash flow

Latest FY26

Cash from operations: ₹780cr+68.4% on FY25
Capital spending: ₹150cr+23.6% on FY25
Free cash flow: ₹629cr+84.4% on FY25
Cash from financing: −₹113cr₹16.3 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.
	—	−50.9	41.0	41.3	35.5
	—	−1.0	−0.1	0.0	0.6
	—	−47.5	−7.7	−0.8	−3.6
	—	−18.2	11.3	6.2	−5.5
	—	0.0	−1.1	−2.3	−0.4
	—	55.0	−101	−96.5	−29.2
	—	−285	−26.2	−79.7	−21.2
	—	−0.1	0.3	−9.2	17.8
	—	3.7	50.7	32.2	10.7
	—	0.0	0.0	9.6	0.0
	—	−96.4	5.4	46.9	30.9
	—	−148	17.6	1.7	13.4
	—	−12.1	5.6	28.7	1.3
Cash from operating activities
	1,034	1,075	360	359	128
	—	−601	−4.2	−21.9	50.1
	—	475	356	337	179
	—	18.2	11.3	6.2	5.5
	—	12.7	4.2	8.0	−4.0
	—	0.0	0.0	0.6	0.0
	—	−299	−100	−87.7	36.7
	—	780	463	424	151
Cash from investing activities
	—	150	−122	−53.2	65.0
	—	26.4	−0.2	0.1	−4.6
	—	6.0	2.2	7.6	9.7
	—	23.8	−42.6	0.0	0.0
	—	112	−181	100	1.0
	—	−254	347	−39.1	−60.9
Cash from financing activities
	—	0.0	−4.9	0.0	0.0
	—	10.7	−3.1	−9.2	−9.7
	—	6.4	0.0	0.0	0.0
	—	—	—	−3.5	2.8
	—	83.2	−4.2	−8.0	4.0
	—	0.0	−13.9	12.5	11.1
	—	12.7	0.0	0.0	0.0
	—	−113	16.3	8.2	−8.2
	—	413	826	393	82.3
	—	413	826	393	82.3
	—	—	—	525	132
Reference items
	1,068	1,113	392	423	151
	32.0%	33.7%	19.9%	19.0%	11.1%
	629	629	341	371	86.4
	—	535	332	344	—
	₹22.70	₹22.70	₹12.31	₹13.37	₹3.12
	33.78×	—	—	—	—
	—	0.96×	1.67×	1.51×	1.53×
	—	−299	−100	−87.7	36.7
	—	83.2	4.2	8.0	4.0

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

alphave

HBLENGINE₹767.00

HBL Engineering Ltd.

· Capital Goods & Defence

₹ CrorePeersEXIDEIND BEL GRSE GPIL DATAPATTNS JYOTICNC BEML TRITURBINEMcap ₹21,261 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	35.5	41.3	41.0	-50.9	—
+ Impairment Loss / (Reversal)	0.6	0.0	-0.1	-1.0	—
+ Finance Costs	-3.6	-0.8	-7.7	-47.5	—
+ Interest Income	-5.5	6.2	11.3	-18.2	—
+ Other — Cash Effects are Investing / Financing	-0.4	-2.3	-1.1	0.0	—
Changes in Working Capital
+ Inventories	-29.2	-96.5	-100.9	55.0	—
+ Trade Receivables — Non-current	-21.2	-79.7	-26.2	-284.7	—
+ Other Financial Assets — Non-current	17.8	-9.2	0.3	-0.1	—
+ Trade Payables — Non-current	10.7	32.2	50.7	3.7	—
+ Other Financial Liabilities — Current	0.0	9.6	0.0	0.0	—
+ Other Non-current Liabilities	30.9	46.9	5.4	-96.4	—
+ Provisions — Current	13.4	1.7	17.6	-148.4	—
+ Provisions — Non-current	1.3	28.7	5.6	-12.1	—
Cash from Operating Activities
Profit Before Tax (per I/S)	128.4	359.1	359.9	1,075.4	1,034.3
+ Total Adjustments (incl. Working Capital)	50.1	-21.9	-4.2	-600.5	—
Cash from Operations (pre-tax)	178.5	337.2	355.8	474.9	—
+ Interest Received — Operating	5.5	6.2	11.3	18.2	—
+ Interest Paid — Operating	-4.0	8.0	4.2	12.7	—
+ Other Inflows / (Outflows) — Operating	0.0	0.6	0.0	0.0	—
+ Income Taxes Paid	36.7	-87.7	-100.1	-299.3	—
Cash from Operating Activities	151.4	423.8	463.0	779.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	65.0	-53.2	-121.6	150.3	—
+ Disp of Fixed Assets	-4.6	0.1	-0.2	26.4	—
+ Disp of Investment Property	9.7	7.6	2.2	6.0	—
+ Acq of Other Long-term Assets	0.0	0.0	-42.6	23.8	—
+ Acq of Interests in Joint Ventures	1.0	100.0	-180.7	112.0	—
Cash from Investing Activities	-60.9	-39.1	346.9	-253.7	—
Cash from Financing Activities
+ Proceeds from Borrowings	0.0	0.0	-4.9	0.0	—
+ Repayment of Borrowings	-9.7	-9.2	-3.1	10.7	—
+ Payment of Lease Liabilities	0.0	0.0	0.0	6.4	—
+ Payment of Finance Lease Liabilities	2.8	-3.5	—	—	—
+ Interest Paid	4.0	-8.0	-4.2	83.2	—
+ Dividends Paid	11.1	12.5	-13.9	0.0	—
+ Income Taxes (Paid) / Refund — Financing	0.0	0.0	0.0	12.7	—
Cash from Financing Activities	-8.2	8.2	16.3	-112.9	—
Net Changes in Cash (pre-FX)	82.3	392.8	826.2	413.0	—
Net Changes in Cash	82.3	392.8	826.2	413.0	—
Closing Cash	132.0	524.8	—	—	—
Reference Items
EBITDA	151.4	423.5	392.0	1,113.0	1,067.9
EBITDA Margin %	11.06	18.96	19.93	33.70	31.98
Free Cash Flow (CFO − Capex)	86.4	370.6	341.3	629.3	629.3
Free Cash Flow to Equity	—	344.2	332.5	535.4	—
Free Cash Flow per Basic Share	3.12	13.37	12.31	22.70	22.70
Price to Free Cash Flow	—	—	—	—	33.78
Cash Flow to Net Income	1.53	1.51	1.67	0.96	—
Cash Paid for Taxes	36.7	-87.7	-100.1	-299.3	—
Cash Paid for Interest	4.0	8.0	4.2	83.2	—

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%.