| 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. | |||||
|---|---|---|---|---|---|---|
| — | 3,171 | 2,768 | 2,822 | 2,691 | ||
| — | 1,517 | 1,312 | 1,294 | 1,446 | ||
| — | −0.1 | −0.4 | −0.1 | −0.2 | ||
| — | −262 | 0.0 | −5.1 | 1.5 | ||
| — | −398 | −279 | 39.2 | −315 | ||
| — | 0.0 | 0.0 | 0.0 | −0.1 | ||
| — | 811 | 1,040 | −55.7 | 1,164 | ||
Changes in working capital | ||||||
| — | −2,433 | 1,467 | −1,191 | 1,396 | ||
| — | −373 | 276 | −743 | 280 | ||
| — | −354 | −265 | 257 | −202 | ||
| — | −860 | −411 | 0.0 | −24.3 | ||
| — | 0.0 | 0.0 | −1,452 | −71.9 | ||
| — | 3,136 | 1,106 | −12.8 | −558 | ||
| — | −135 | 685 | −41.2 | 233 | ||
| — | 200 | 248 | −525 | −481 | ||
| — | 104 | 41.3 | 55.6 | −64.0 | ||
Cash from operating activities | ||||||
| 3,717 | 4,428 | 4,353 | 6,241 | 4,486 | ||
| — | 4,125 | 7,987 | 442 | 5,495 | ||
| — | 8,553 | 12,339 | 6,683 | 9,980 | ||
| — | 1,349 | 1,515 | 675 | 2,705 | ||
| — | 7,204 | 10,824 | 6,008 | 7,276 | ||
Cash from investing activities | ||||||
| — | 9,574 | 10,607 | 8,517 | 6,448 | ||
| — | 0.0 | 0.0 | 90.5 | 46.4 | ||
| — | 0.0 | 0.0 | 0.0 | 8.3 | ||
| — | 26.9 | 117 | 0.0 | −396 | ||
| — | 319 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 176 | 0.0 | ||
| — | 217 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 119 | 3,008 | ||
| — | 6.7 | 33.2 | 8.8 | 0.0 | ||
| — | 0.1 | 0.4 | 0.1 | 0.1 | ||
| — | 146 | 193 | 243 | 72.5 | ||
| — | −804 | −2,059 | −465 | −292 | ||
| — | −10,734 | −12,323 | −8,344 | −4,019 | ||
Cash from financing activities | ||||||
| — | 8,015 | 8,181 | 8,445 | 6,753 | ||
| — | 3,595 | 6,219 | 4,984 | 7,218 | ||
| — | 71.8 | 73.9 | 0.0 | 90.8 | ||
| — | 2,161 | 1,996 | 1,621 | 1,539 | ||
| — | 204 | 200 | 200 | 205 | ||
| — | 820 | 1,117 | −258 | −202 | ||
| — | 2,803 | 809 | 1,381 | −2,500 | ||
| — | −727 | −689 | −955 | 757 | ||
| — | −727 | −689 | −955 | 757 | ||
| — | — | — | 3,306 | 4,261 | ||
Reference items | ||||||
| 9,805 | 9,660 | 9,494 | 10,201 | 9,935 | ||
| 16.0% | 18.2% | 19.1% | 20.4% | 18.9% | ||
| −2,370 | −2,370 | 217 | −2,509 | 827 | ||
| — | −335 | 166 | −669 | — | ||
| −₹23.29 | −₹23.29 | ₹2.13 | −₹24.66 | ₹8.13 | ||
| — | 2.14× | 3.80× | 1.01× | 1.83× | ||
| — | 1,349 | 1,515 | 675 | 2,705 | ||
| — | 2,161 | 1,996 | 1,621 | 1,539 | ||
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 | 2,691.0 | 2,821.8 | 2,767.6 | 3,171.5 | — | |
| + Finance Costs | 1,445.9 | 1,294.2 | 1,312.1 | 1,516.6 | — | |
| + Dividend Income | -0.2 | -0.1 | -0.4 | -0.1 | — | |
| + Fair Value (Gains) / Losses | 1.5 | -5.1 | 0.0 | -262.3 | — | |
| + Unrealised FX (Gain) / Loss | -315.5 | 39.2 | -278.9 | -398.0 | — | |
| + Other Non-cash Items | -0.1 | 0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 1,164.1 | -55.7 | 1,040.3 | 810.6 | — | |
| Changes in Working Capital | ||||||
| + Inventories | 1,396.0 | -1,190.6 | 1,467.2 | -2,432.6 | — | |
| + Trade Receivables — Current | 279.9 | -743.3 | 275.7 | -372.7 | — | |
| + Other Financial Assets — Current | -202.1 | 257.1 | -265.1 | -353.6 | — | |
| + Other Current Assets | -24.3 | 0.0 | -411.3 | -859.7 | — | |
| + Other Non-current Assets | -71.9 | -1,451.7 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -558.1 | -12.8 | 1,105.9 | 3,136.0 | — | |
| + Other Financial Liabilities — Current | 233.0 | -41.2 | 684.6 | -135.1 | — | |
| + Other Current Liabilities | -480.7 | -525.4 | 247.8 | 200.3 | — | |
| + Provisions — Current | -64.0 | 55.6 | 41.3 | 104.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 4,485.6 | 6,241.4 | 4,352.6 | 4,428.3 | 3,717.5 | |
| + Total Adjustments (incl. Working Capital) | 5,494.5 | 442.1 | 7,986.7 | 4,124.9 | — | |
| Cash from Operations (pre-tax) | 9,980.2 | 6,683.5 | 12,339.4 | 8,553.2 | — | |
| + Income Taxes Paid | 2,704.7 | 675.1 | 1,515.4 | 1,349.0 | — | |
| Cash from Operating Activities | 7,275.5 | 6,008.4 | 10,824.0 | 7,204.2 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 6,448.5 | 8,517.1 | 10,607.1 | 9,574.2 | — | |
| + Disp of Fixed Assets | 46.4 | 90.5 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 8.3 | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | -396.4 | 0.0 | 117.4 | 26.9 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 0.0 | 318.5 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 176.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 0.0 | 217.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 3,007.5 | 119.4 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 8.8 | 33.2 | 6.7 | — | |
| + Dividends Received — Investing | 0.1 | 0.1 | 0.4 | 0.1 | — | |
| + Interest Received — Investing | 72.5 | 243.4 | 192.6 | 145.5 | — | |
| + Other Inflows / (Outflows) — Investing | -291.8 | -465.2 | -2,059.2 | -803.5 | — | |
| Cash from Investing Activities | -4,018.5 | -8,344.1 | -12,322.8 | -10,733.9 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Borrowings | 6,753.4 | 8,444.8 | 8,181.4 | 8,014.7 | — | |
| + Repayment of Borrowings | 7,217.8 | 4,983.7 | 6,219.2 | 3,595.3 | — | |
| + Payment of Lease Liabilities | 90.8 | 0.0 | 73.9 | 71.8 | — | |
| + Interest Paid | 1,539.1 | 1,621.2 | 1,996.5 | 2,161.0 | — | |
| + Dividends Paid | 204.6 | 200.5 | 199.9 | 204.2 | — | |
| + Other Inflows / (Outflows) — Financing | -201.5 | -258.3 | 1,117.3 | 820.2 | — | |
| Cash from Financing Activities | -2,500.5 | 1,381.1 | 809.4 | 2,802.5 | — | |
| Net Changes in Cash (pre-FX) | 756.6 | -954.7 | -689.4 | -727.2 | — | |
| Net Changes in Cash | 756.6 | -954.7 | -689.4 | -727.2 | — | |
| Closing Cash | 4,261.1 | 3,306.4 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 9,934.9 | 10,200.8 | 9,494.2 | 9,659.5 | 9,805.5 | |
| EBITDA Margin % | 18.85 | 20.39 | 19.08 | 18.15 | 15.97 | |
| Free Cash Flow (CFO − Capex) | 827.0 | -2,508.7 | 216.9 | -2,369.9 | -2,369.9 | |
| Free Cash Flow to Equity | — | -668.9 | 166.1 | -335.0 | — | |
| Free Cash Flow per Basic Share | 8.13 | -24.66 | 2.13 | -23.29 | -23.29 | |
| Cash Flow to Net Income | 1.83 | 1.01 | 3.80 | 2.14 | — | |
| Cash Paid for Taxes | 2,704.7 | 675.1 | 1,515.4 | 1,349.0 | — | |
| Cash Paid for Interest | 1,539.1 | 1,621.2 | 1,996.5 | 2,161.0 | — | |