| Tap a line for its trend | Last 12Mto Sep 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. | |||||
|---|---|---|---|---|---|---|
| — | 4,902 | 4,812 | 4,678 | 4,225 | ||
| — | 33.0 | 48.0 | 121 | 283 | ||
| — | 416 | 416 | 470 | 284 | ||
| — | −2,630 | −2,570 | −4,001 | −1,817 | ||
| — | 952 | 802 | 652 | 519 | ||
| — | 954 | 79.0 | 76.0 | 161 | ||
| — | −63.0 | −327 | 0.0 | 0.0 | ||
| — | 714 | 723 | 1,539 | 628 | ||
Changes in working capital | ||||||
| — | −5,177 | −1,769 | −2,667 | −7,076 | ||
| — | 0.0 | 0.0 | −1,172 | −3,108 | ||
| — | −2,645 | −1,024 | 0.0 | 0.0 | ||
| — | −26.0 | 176 | 91.0 | −279 | ||
| — | 0.0 | 0.0 | −1,334 | 4,119 | ||
| — | 5,209 | 2,322 | 0.0 | 0.0 | ||
Cash from operating activities | ||||||
| 42,117 | 39,995 | 37,608 | 35,988 | 33,322 | ||
| — | 2,639 | 3,688 | −1,547 | −2,061 | ||
| — | 42,634 | 41,296 | 34,441 | 31,261 | ||
| — | 8,648 | 5,602 | 9,231 | 8,794 | ||
| — | 33,986 | 35,694 | 25,210 | 22,467 | ||
Cash from investing activities | ||||||
| — | 2,727 | 2,237 | 2,201 | 2,579 | ||
| — | 0.0 | 0.0 | −296 | 320 | ||
| — | 637 | 3,155 | 101 | 970 | ||
| — | 2,713 | 2,040 | 1,768 | 1,525 | ||
| — | 2,597 | 1,406 | −4,179 | 495 | ||
| — | 1,946 | −1,946 | −5,009 | −1,209 | ||
Cash from financing activities | ||||||
| — | 0.0 | 6.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 5.0 | 35.0 | ||
| — | 0.0 | 0.0 | 0.0 | 11,499 | ||
| — | 0.0 | 985 | 0.0 | 0.0 | ||
| — | 0.0 | 2,355 | 2,024 | 1,231 | ||
| — | 18,653 | 20,287 | 14,731 | 13,653 | ||
| — | — | — | — | −22.0 | ||
| — | −21,133 | −540 | −754 | −347 | ||
| — | −39,786 | −24,161 | −17,504 | −26,695 | ||
| — | −3,854 | 9,587 | 2,697 | −5,437 | ||
| — | 1,600 | 82.0 | −84.0 | 138 | ||
| — | −2,254 | 9,669 | 2,613 | −5,299 | ||
| — | 22,201 | 24,455 | 14,786 | 12,173 | ||
Reference items | ||||||
| 44,899 | 42,280 | 39,236 | 36,425 | 35,130 | ||
| 23.7% | 23.7% | 24.1% | 23.7% | 23.9% | ||
| 31,259 | 31,259 | 33,457 | 23,009 | 19,888 | ||
| ₹77.22 | ₹77.22 | ₹82.65 | ₹56.84 | ₹49.13 | ||
| 14.54× | — | — | — | — | ||
| — | 1.15× | 1.33× | 0.96× | 0.93× | ||
| — | 8,648 | 5,602 | 9,231 | 8,794 | ||
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 30/09/2026 | |
|---|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||||
| + Depreciation & Amortisation | 4,225.0 | 4,678.0 | 4,812.0 | 4,902.0 | — | |
| + Impairment Loss / (Reversal) | 283.0 | 121.0 | 48.0 | 33.0 | — | |
| + Finance Costs | 284.0 | 470.0 | 416.0 | 416.0 | — | |
| + Interest Income | -1,817.0 | -4,001.0 | -2,570.0 | -2,630.0 | — | |
| + Share-based Payments | 519.0 | 652.0 | 802.0 | 952.0 | — | |
| + Unrealised FX (Gain) / Loss | 161.0 | 76.0 | 79.0 | 954.0 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -327.0 | -63.0 | — | |
| + Other Reconciling Items | 628.0 | 1,539.0 | 723.0 | 714.0 | — | |
| Changes in Working Capital | ||||||
| + Trade Receivables — Current | -7,076.0 | -2,667.0 | -1,769.0 | -5,177.0 | — | |
| + Other Financial Assets — Current | -3,108.0 | -1,172.0 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | 0.0 | -1,024.0 | -2,645.0 | — | |
| + Trade Payables — Current | -279.0 | 91.0 | 176.0 | -26.0 | — | |
| + Other Financial Liabilities — Current | 4,119.0 | -1,334.0 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | 2,322.0 | 5,209.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 33,322.0 | 35,988.0 | 37,608.0 | 39,995.0 | 42,117.0 | |
| + Total Adjustments (incl. Working Capital) | -2,061.0 | -1,547.0 | 3,688.0 | 2,639.0 | — | |
| Cash from Operations (pre-tax) | 31,261.0 | 34,441.0 | 41,296.0 | 42,634.0 | — | |
| + Income Taxes Paid | 8,794.0 | 9,231.0 | 5,602.0 | 8,648.0 | — | |
| Cash from Operating Activities | 22,467.0 | 25,210.0 | 35,694.0 | 33,986.0 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 2,579.0 | 2,201.0 | 2,237.0 | 2,727.0 | — | |
| + Sale of Investments (Equity / Debt) | 320.0 | -296.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 970.0 | 101.0 | 3,155.0 | 637.0 | — | |
| + Interest Received — Investing | 1,525.0 | 1,768.0 | 2,040.0 | 2,713.0 | — | |
| + Other Inflows / (Outflows) — Investing | 495.0 | -4,179.0 | 1,406.0 | 2,597.0 | — | |
| Cash from Investing Activities | -1,209.0 | -5,009.0 | -1,946.0 | 1,946.0 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 6.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 35.0 | 5.0 | 0.0 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 11,499.0 | 0.0 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 0.0 | 985.0 | 0.0 | — | |
| + Payment of Lease Liabilities | 1,231.0 | 2,024.0 | 2,355.0 | 0.0 | — | |
| + Dividends Paid | 13,653.0 | 14,731.0 | 20,287.0 | 18,653.0 | — | |
| + Dividends Paid — Minority | -22.0 | — | — | — | — | |
| + Other Inflows / (Outflows) — Financing | -347.0 | -754.0 | -540.0 | -21,133.0 | — | |
| Cash from Financing Activities | -26,695.0 | -17,504.0 | -24,161.0 | -39,786.0 | — | |
| Net Changes in Cash (pre-FX) | -5,437.0 | 2,697.0 | 9,587.0 | -3,854.0 | — | |
| + Effect of FX Rate Changes on Cash | 138.0 | -84.0 | 82.0 | 1,600.0 | — | |
| Net Changes in Cash | -5,299.0 | 2,613.0 | 9,669.0 | -2,254.0 | — | |
| Closing Cash | 12,173.0 | 14,786.0 | 24,455.0 | 22,201.0 | — | |
| Reference Items | ||||||
| EBITDA | 35,130.0 | 36,425.0 | 39,236.0 | 42,280.0 | 44,899.0 | |
| EBITDA Margin % | 23.94 | 23.70 | 24.07 | 23.67 | 23.71 | |
| Free Cash Flow (CFO − Capex) | 19,888.0 | 23,009.0 | 33,457.0 | 31,259.0 | 31,259.0 | |
| Free Cash Flow per Basic Share | 49.13 | 56.84 | 82.65 | 77.22 | 77.22 | |
| Price to Free Cash Flow | — | — | — | — | 14.54 | |
| Cash Flow to Net Income | 0.93 | 0.96 | 1.33 | 1.15 | — | |
| Cash Paid for Taxes | 8,794.0 | 9,231.0 | 5,602.0 | 8,648.0 | — | |