ITC cash flow

Latest FY26

Cash from operations: ₹18,464cr+4.7% on FY25
Capital spending: ₹2,183cr−4.2% on FY25
Free cash flow: ₹16,281cr+6.1% on FY25
Cash from financing: −₹16,147cr−₹17,037 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.
	—	1,711	1,951	1,816	1,809
	—	0.1	7.9	0.1	1.4
	—	85.2	50.0	46.0	43.2
	—	−1,462	−1,510	−1,711	−1,534
	—	−15.2	−12.1	−11.1	−0.0
	—	−860	−16,480	−840	−394
	—	128	134	107	60.4
	—	−25.6	6.8	−13.4	31.4
	—	383	15,756	129	11.1
	—	−3,306	−2,975	−2,545	−941
	—	468	−1,023	−934	−884
	—	75.9	1,256	141	1,058
Cash from operating activities
	26,372	27,656	26,817	27,112	25,866
	—	−2,818	−2,839	−3,814	−738
	—	24,838	23,977	23,298	25,128
	—	6,374	6,350	6,120	6,250
	—	18,464	17,627	17,179	18,878
Cash from investing activities
	—	2,183	2,279	3,563	2,743
	—	50.5	175	107	49.2
	—	0.0	0.0	65.0	0.0
	—	68,173	66,403	75,107	80,934
	—	65,737	67,311	77,830	77,230
	—	0.0	0.0	0.0	56.0
	—	183	0.0	0.0	0.0
	—	0.0	0.0	0.0	0.0
	—	9.5	17.6	12.6	8.6
	—	13.3	13.9	11.3	9.3
	—	45.4	37.7	35.7	18.6
	—	917	1,072	1,138	1,324
	—	1,465	−306	1,188	−734
	—	−2,321	−396	1,563	−5,732
Cash from financing activities
	—	405	797	1,443	2,477
	—	2,121	89.5	8.0	0.0
	—	105	54.0	1.6	0.7
	—	68.2	65.5	66.9	59.1
	—	81.7	50.0	46.3	41.4
	—	18,272	17,763	19,899	15,418
	—	−145	8.1	12.1	35.4
	—	−16,147	−17,037	−18,551	−13,006
	—	−3.6	194	191	139
	—	0.0	−2.4	0.0	0.0
	—	−3.6	191	191	139
	—	619	622	597	406
Reference items
	25,682	27,318	25,978	26,254	25,665
	26.7%	30.4%	31.8%	34.2%	33.5%
	16,281	16,281	15,348	13,616	16,135
	—	18,295	15,378	13,543	—
	₹12.99	₹12.99	₹12.25	₹10.87	₹12.88
	20.39×	—	—	—	—
	—	0.88×	0.50×	0.83×	0.97×
	—	6,374	6,350	6,120	6,250
	—	81.7	50.0	46.3	41.4

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

alphave

ITC₹265.00

ITC Ltd.

· FMCG & Retail

₹ CrorePeersHINDUNILVR GODFRYPHLP NESTLEIND TATACONSUM BRITANNIA GODREJCP UNITDSPR VBLMcap ₹3.32L 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	1,809.0	1,816.4	1,950.6	1,710.5	—
+ Impairment Loss / (Reversal)	1.4	0.1	7.9	0.1	—
+ Finance Costs	43.2	46.0	50.0	85.2	—
+ Interest Income	-1,534.0	-1,710.5	-1,510.5	-1,462.2	—
+ Dividend Income	-0.0	-11.1	-12.1	-15.2	—
+ Fair Value (Gains) / Losses	-394.0	-840.2	-16,480.0	-860.0	—
+ Share-based Payments	60.4	107.3	133.8	128.0	—
+ Unrealised FX (Gain) / Loss	31.4	-13.4	6.8	-25.6	—
+ Other Reconciling Items	11.1	128.7	15,756.3	383.1	—
Changes in Working Capital
+ Inventories	-940.5	-2,544.9	-2,975.4	-3,306.3	—
+ Trade Receivables — Current	-884.2	-933.6	-1,022.8	468.1	—
+ Trade Payables — Current	1,057.9	141.5	1,256.2	75.9	—
Cash from Operating Activities
Profit Before Tax (per I/S)	25,866.1	27,112.3	26,816.5	27,656.3	26,372.0
+ Total Adjustments (incl. Working Capital)	-738.3	-3,813.9	-2,839.3	-2,818.4	—
Cash from Operations (pre-tax)	25,127.8	23,298.4	23,977.2	24,837.9	—
+ Income Taxes Paid	6,250.2	6,119.6	6,350.2	6,373.6	—
Cash from Operating Activities	18,877.6	17,178.9	17,627.0	18,464.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	2,743.0	3,562.5	2,278.7	2,182.9	—
+ Disp of Fixed Assets	49.2	107.5	175.4	50.5	—
+ Acq of Other Long-term Assets	0.0	65.0	0.0	0.0	—
+ Purchase of Investments (Equity / Debt)	80,934.3	75,107.3	66,403.2	68,172.8	—
+ Sale of Investments (Equity / Debt)	77,230.4	77,829.5	67,310.6	65,736.7	—
+ Disp of Interests in Joint Ventures	56.0	0.0	0.0	0.0	—
+ Acq of Subsidiaries / Businesses (net)	0.0	0.0	0.0	183.1	—
+ Disp of Subsidiaries / Businesses (net)	0.0	0.0	0.0	0.0	—
+ Loans & Advances Made	8.6	12.6	17.6	9.5	—
+ Loans & Advances Repaid	9.3	11.3	13.9	13.3	—
+ Dividends Received — Investing	18.6	35.7	37.7	45.4	—
+ Interest Received — Investing	1,323.7	1,138.4	1,072.3	917.0	—
+ Other Inflows / (Outflows) — Investing	-733.6	1,187.9	-306.1	1,464.7	—
Cash from Investing Activities	-5,732.3	1,562.8	-395.8	-2,320.7	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	2,477.4	1,442.8	797.3	404.9	—
+ Proceeds from Borrowings	0.0	8.0	89.5	2,120.5	—
+ Repayment of Borrowings	0.7	1.6	54.0	105.3	—
+ Payment of Lease Liabilities	59.1	66.9	65.5	68.2	—
+ Interest Paid	41.4	46.3	50.0	81.7	—
+ Dividends Paid	15,417.5	19,899.2	17,762.8	18,272.0	—
+ Other Inflows / (Outflows) — Financing	35.4	12.1	8.1	-145.2	—
Cash from Financing Activities	-13,006.0	-18,551.0	-17,037.4	-16,147.1	—
Net Changes in Cash (pre-FX)	139.2	190.7	193.8	-3.6	—
+ Effect of FX Rate Changes on Cash	0.0	0.0	-2.4	0.0	—
Net Changes in Cash	139.2	190.7	191.4	-3.6	—
Closing Cash	405.9	596.6	622.4	618.8	—
Reference Items
EBITDA	25,664.9	26,254.4	25,978.2	27,317.9	25,682.3
EBITDA Margin %	33.54	34.17	31.83	30.38	26.67
Free Cash Flow (CFO − Capex)	16,134.6	13,616.3	15,348.3	16,281.4	16,281.4
Free Cash Flow to Equity	—	13,542.6	15,378.3	18,294.7	—
Free Cash Flow per Basic Share	12.88	10.87	12.25	12.99	12.99
Price to Free Cash Flow	—	—	—	—	20.39
Cash Flow to Net Income	0.97	0.83	0.50	0.88	—
Cash Paid for Taxes	6,250.2	6,119.6	6,350.2	6,373.6	—
Cash Paid for Interest	41.4	46.3	50.0	81.7	—

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 ✓ 291%.