Keynote Financial Services cash flow

Latest FY26

Cash from operations: −₹23.9cr₹6.8 cr in FY25
Capital spending: ₹2.5cr+47.8% on FY25
Free cash flow: −₹26.3cr₹5.1 cr in FY25
Cash from financing: ₹1.6cr−₹0.4 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.
	—	1.1	0.9	0.8	0.6
	—	0.3	0.0	0.0	15.1
	—	−2.5	0.0	−2.4	0.0
	—	−1.6	0.0	−0.5	0.0
	—	4.3	−6.8	−18.5	4.3
	—	0.8	−0.1	0.8	0.0
	—	−0.0	0.0	0.0	−2.1
	—	0.0	0.0	0.2	−0.0
	—	0.1	6.5	−6.5	0.5
	—	−35.4	0.0	0.0	0.7
	—	1.9	0.0	−1.8	3.1
	—	0.0	4.5	0.4	0.0
	—	0.1	−2.7	0.0	0.0
	—	−0.7	1.4	1.1	−1.1
	—	−0.4	0.0	−0.1	0.2
	—	−0.5	0.0	0.0	−0.0
	—	−0.0	0.2	0.0	0.0
	—	−0.0	−1.1	0.0	0.0
	—	0.4	−0.0	−0.2	−0.4
	—	0.0	−0.2	0.0	0.2
Cash from operating activities
	12.5	9.3	11.6	35.5	−0.1
	—	−32.2	2.6	−26.8	21.1
	—	−22.9	14.2	8.7	21.0
	—	0.0	−2.3	0.0	0.3
	—	0.0	−0.7	0.0	−1.7
	—	0.0	−0.8	0.0	−0.5
	—	0.0	0.0	0.0	−1.4
	—	1.0	5.1	3.1	0.3
	—	−23.9	6.8	5.6	20.8
Cash from investing activities
	—	2.5	1.7	0.5	1.3
	—	0.0	0.0	0.0	−4.1
	—	−0.3	0.0	0.0	0.0
	—	19.8	0.0	0.0	0.0
	—	1.6	0.8	0.5	0.5
	—	2.5	2.3	2.4	1.7
	—	0.0	−7.3	−6.6	0.3
	—	21.8	−5.9	−4.2	−2.8
Cash from financing activities
	—	0.0	0.9	−1.8	0.0
	—	−2.5	0.0	0.0	24.6
	—	0.3	0.7	0.3	0.6
	—	0.6	0.6	0.6	0.0
	—	0.0	0.0	0.0	0.3
	—	0.0	0.0	0.0	−0.6
	—	1.6	−0.4	−2.6	−26.0
	—	−0.4	0.5	−1.3	−8.1
	—	−0.4	0.5	−1.3	−8.1
	—	—	—	1.8	3.1
Reference items
	8.2	8.2	10.8	34.3	−1.0
	27.0%	30.8%	38.0%	72.4%	−7.4%
	−26.3	−26.3	5.1	5.1	19.5
	—	−23.5	5.4	3.0	—
	−₹47.26	−₹47.26	₹9.23	₹9.09	₹35.06
	—	−3.58×	0.47×	0.21×	−12.75×
	—	1.0	5.1	3.1	0.3
	—	0.3	0.7	0.3	0.6

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

alphave

KEYFINSERV₹218.00

Keynote Financial Services Limited

· Banking & Finance

₹ CrorePeersINDBANK INVENTURE IVC ALMONDZ KHANDSE INDOTHAI EMKAY BIRLAMONEYMcap ₹121 Cr

View

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	0.6	0.8	0.9	1.1	—
+ Finance Costs	15.1	0.0	0.0	0.3	—
+ Interest Income	0.0	-2.4	0.0	-2.5	—
+ Dividend Income	0.0	-0.5	0.0	-1.6	—
+ Fair Value (Gains) / Losses	4.3	-18.5	-6.8	4.3	—
+ Other Non-cash Items	0.0	0.8	-0.1	0.8	—
+ Other Reconciling Items	-2.1	0.0	0.0	-0.0	—
Changes in Working Capital
+ Inventories	-0.0	0.2	0.0	0.0	—
+ Trade Receivables — Current	0.5	-6.5	6.5	0.1	—
+ Other Financial Assets — Current	0.7	0.0	0.0	-35.4	—
+ Other Financial Assets — Non-current	3.1	-1.8	0.0	1.9	—
+ Other Current Assets	0.0	0.4	4.5	0.0	—
+ Other Non-current Assets	0.0	0.0	-2.7	0.1	—
+ Trade Payables — Current	-1.1	1.1	1.4	-0.7	—
+ Other Financial Liabilities — Current	0.2	-0.1	0.0	-0.4	—
+ Other Financial Liabilities — Non-current	-0.0	0.0	0.0	-0.5	—
+ Other Current Liabilities	0.0	0.0	0.2	-0.0	—
+ Other Non-current Liabilities	0.0	0.0	-1.1	-0.0	—
+ Provisions — Current	-0.4	-0.2	-0.0	0.4	—
+ Provisions — Non-current	0.2	0.0	-0.2	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	-0.1	35.5	11.6	9.3	12.5
+ Total Adjustments (incl. Working Capital)	21.1	-26.8	2.6	-32.2	—
Cash from Operations (pre-tax)	21.0	8.7	14.2	-22.9	—
+ Interest Received — Operating	0.3	0.0	-2.3	0.0	—
+ Interest Paid — Operating	-1.7	0.0	-0.7	0.0	—
+ Dividends Received — Operating	-0.5	0.0	-0.8	0.0	—
+ Other Inflows / (Outflows) — Operating	-1.4	0.0	0.0	0.0	—
+ Income Taxes Paid	0.3	3.1	5.1	1.0	—
Cash from Operating Activities	20.8	5.6	6.8	-23.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	1.3	0.5	1.7	2.5	—
+ Disp of Investment Property	-4.1	0.0	0.0	0.0	—
+ Purchase of Investments (Equity / Debt)	0.0	0.0	0.0	-0.3	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	0.0	19.8	—
+ Dividends Received — Investing	0.5	0.5	0.8	1.6	—
+ Interest Received — Investing	1.7	2.4	2.3	2.5	—
+ Other Inflows / (Outflows) — Investing	0.3	-6.6	-7.3	0.0	—
Cash from Investing Activities	-2.8	-4.2	-5.9	21.8	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.0	-1.8	0.9	0.0	—
+ Repayment of Borrowings	24.6	0.0	0.0	-2.5	—
+ Interest Paid	0.6	0.3	0.7	0.3	—
+ Dividends Paid	0.0	0.6	0.6	0.6	—
+ Income Taxes (Paid) / Refund — Financing	0.3	0.0	0.0	0.0	—
+ Other Inflows / (Outflows) — Financing	-0.6	0.0	0.0	0.0	—
Cash from Financing Activities	-26.0	-2.6	-0.4	1.6	—
Net Changes in Cash (pre-FX)	-8.1	-1.3	0.5	-0.4	—
Net Changes in Cash	-8.1	-1.3	0.5	-0.4	—
Closing Cash	3.1	1.8	—	—	—
Reference Items
EBITDA	-1.0	34.3	10.8	8.2	8.2
EBITDA Margin %	-7.36	72.40	38.02	30.81	27.04
Free Cash Flow (CFO − Capex)	19.5	5.1	5.1	-26.3	-26.3
Free Cash Flow to Equity	—	3.0	5.4	-23.5	—
Free Cash Flow per Basic Share	35.06	9.09	9.23	-47.26	-47.26
Cash Flow to Net Income	-12.75	0.21	0.47	-3.58	—
Cash Paid for Taxes	0.3	3.1	5.1	1.0	—
Cash Paid for Interest	0.6	0.3	0.7	0.3	—

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%.