India Cements cash flow

Latest FY26

Cash from operations: −₹26.7cr−₹256 cr in FY25
Capital spending: ₹223cr+256.7% on FY25
Free cash flow: −₹249cr−₹319 cr in FY25
Cash from financing: ₹40.3cr−₹1,738 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.
	—	299	239	226	219
	—	99.3	271	240	242
	—	−19.7	−12.2	−16.3	−14.7
	—	0.0	−0.0	−10.6	−0.1
	—	2.7	0.0	0.0	−19.9
	—	1.5	0.0	0.0	0.0
	—	−7.1	15.1	0.0	0.0
	—	98.6	−736	0.0	0.0
	—	11.2	0.0	−2.4	−172
	—	−178	74.3	154	59.8
	—	458	25.1	125	107
	—	−23.8	10.0	18.7	−7.0
	—	7.1	5.2	−34.5	−43.8
	—	−152	283	79.2	−9.5
	—	−8.7	232	0.0	0.0
	—	−116	−255	−87.8	35.9
	—	−362	−43.4	−2.7	8.3
	—	0.0	−0.9	0.2	1.7
	—	−44.8	−59.7	−12.4	36.9
	—	−30.5	101	−52.1	−80.2
	—	14.7	−78.7	20.6	14.6
	—	−1.7	−19.9	−18.7	−12.0
Cash from operating activities
	152	−63.5	−171	−263	−378
	—	45.0	50.9	626	366
	—	−18.5	−120	363	−11.8
	—	0.0	−30.3	0.0	0.0
	—	8.2	105	18.7	7.7
	—	−26.7	−256	344	−19.5
Cash from investing activities
	—	223	62.4	127	57.7
	—	135	350	38.0	219
	—	42.2	0.0	0.0	0.0
	—	7.5	809	0.0	0.0
	—	0.0	0.0	0.0	300
	—	0.0	906	0.0	0.0
	—	0.0	0.0	10.6	0.1
	—	19.7	12.2	16.3	14.7
	—	0.0	0.0	310	−41.9
	—	−103	2,015	248	435
Cash from financing activities
	—	234	0.0	114	458
	—	92.5	1,467	446	607
	—	2.0	0.0	0.0	0.0
	—	99.3	271	241	219
	—	0.0	0.0	0.1	29.0
	—	40.3	−1,738	−572	−397
	—	−89.3	19.9	19.4	18.6
	—	−89.3	19.9	19.4	18.6
	—	13.8	104	84.2	64.9
Reference items
	532	397	−382	99.0	−143
	11.8%	8.8%	−9.2%	1.9%	−2.6%
	−249	−249	−319	217	−77.1
	—	−209	−2,043	−345	—
	−₹8.05	−₹8.05	−₹10.28	₹6.99	−₹2.49
	—	0.40×	1.78×	−1.51×	0.15×
	—	8.2	105	18.7	7.7
	—	99.3	271	241	219

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

alphave

INDIACEM₹310.80

India Cements Ltd.

· Infrastructure

₹ CrorePeersULTRACEMCO RAMCOCEM DALBHARAT NUVOCO JSWCEMENT JKCEMENT ACC BIRLACORPNMcap ₹9,632 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	219.3	225.6	239.4	299.1	—
+ Finance Costs	241.7	240.1	271.2	99.3	—
+ Interest Income	-14.7	-16.3	-12.2	-19.7	—
+ Dividend Income	-0.1	-10.6	-0.0	0.0	—
+ Unrealised FX (Gain) / Loss	-19.9	0.0	0.0	2.7	—
+ Undistributed Profits of Associates	0.0	0.0	0.0	1.5	—
+ Other Non-cash Items	0.0	0.0	15.1	-7.1	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-736.0	98.6	—
+ Other Reconciling Items	-171.6	-2.4	0.0	11.2	—
Changes in Working Capital
+ Inventories	59.8	154.2	74.3	-178.0	—
+ Trade Receivables — Current	106.6	125.1	25.1	457.6	—
+ Other Financial Assets — Current	-7.0	18.7	10.0	-23.8	—
+ Other Financial Assets — Non-current	-43.8	-34.5	5.2	7.1	—
+ Other Current Assets	-9.5	79.2	283.1	-151.5	—
+ Other Non-current Assets	0.0	0.0	232.4	-8.7	—
+ Trade Payables — Current	35.9	-87.8	-255.3	-116.2	—
+ Other Financial Liabilities — Current	8.3	-2.7	-43.4	-361.8	—
+ Other Financial Liabilities — Non-current	1.7	0.2	-0.9	0.0	—
+ Other Current Liabilities	36.9	-12.4	-59.7	-44.8	—
+ Other Non-current Liabilities	-80.2	-52.1	101.1	-30.5	—
+ Provisions — Current	14.6	20.6	-78.7	14.7	—
+ Provisions — Non-current	-12.0	-18.7	-19.9	-1.7	—
Cash from Operating Activities
Profit Before Tax (per I/S)	-377.8	-263.4	-171.3	-63.5	152.3
+ Total Adjustments (incl. Working Capital)	366.0	626.0	50.9	45.0	—
Cash from Operations (pre-tax)	-11.8	362.6	-120.5	-18.5	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	-30.3	0.0	—
+ Income Taxes Paid	7.7	18.7	105.4	8.2	—
Cash from Operating Activities	-19.5	343.9	-256.2	-26.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	57.7	127.3	62.4	222.7	—
+ Disp of Fixed Assets	219.3	38.0	349.8	134.7	—
+ Acq of Other Long-term Assets	0.0	0.0	0.0	42.2	—
+ Disp of Other Long-term Assets	0.0	0.0	809.2	7.5	—
+ Disp of Subsidiaries / Businesses (net)	300.4	0.0	0.0	0.0	—
+ Loans & Advances Repaid	0.0	0.0	905.9	0.0	—
+ Dividends Received — Investing	0.1	10.6	0.0	0.0	—
+ Interest Received — Investing	14.7	16.3	12.2	19.7	—
+ Other Inflows / (Outflows) — Investing	-41.9	310.3	0.0	0.0	—
Cash from Investing Activities	434.9	247.9	2,014.6	-102.9	—
Cash from Financing Activities
+ Proceeds from Borrowings	457.8	114.4	0.0	234.2	—
+ Repayment of Borrowings	606.8	446.1	1,467.3	92.5	—
+ Payment of Lease Liabilities	0.0	0.0	0.0	2.0	—
+ Interest Paid	218.8	240.7	271.2	99.3	—
+ Dividends Paid	29.0	0.1	0.0	0.0	—
Cash from Financing Activities	-396.8	-572.5	-1,738.5	40.3	—
Net Changes in Cash (pre-FX)	18.6	19.4	19.9	-89.3	—
Net Changes in Cash	18.6	19.4	19.9	-89.3	—
Closing Cash	64.9	84.2	104.1	13.8	—
Reference Items
EBITDA	-143.1	99.0	-382.2	396.5	532.2
EBITDA Margin %	-2.55	1.94	-9.21	8.84	11.81
Free Cash Flow (CFO − Capex)	-77.1	216.6	-318.7	-249.4	-249.4
Free Cash Flow to Equity	—	-345.5	-2,042.9	-209.1	—
Free Cash Flow per Basic Share	-2.49	6.99	-10.28	-8.05	-8.05
Cash Flow to Net Income	0.15	-1.51	1.78	0.40	—
Cash Paid for Taxes	7.7	18.7	105.4	8.2	—
Cash Paid for Interest	218.8	240.7	271.2	99.3	—

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%.