| 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. | |||||
|---|---|---|---|---|---|---|
| — | 348 | 305 | 272 | 231 | ||
| — | 64.2 | 56.5 | 50.9 | 0.0 | ||
| — | 0.0 | −67.5 | −81.6 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 35.7 | ||
| — | 16.6 | 37.5 | 43.4 | 81.7 | ||
| — | −102 | 0.7 | 16.2 | 0.0 | ||
| — | −24.6 | −27.3 | −16.4 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 1.4 | ||
| — | 69.6 | 0.0 | 0.0 | −1.6 | ||
Changes in working capital | ||||||
| — | −369 | −83.4 | −17.4 | −29.0 | ||
| — | 0.0 | 0.0 | 0.0 | 7.1 | ||
| — | 296 | 61.1 | −38.3 | −89.8 | ||
| — | 0.0 | 21.9 | 38.2 | 22.5 | ||
Cash from operating activities | ||||||
| 1,836 | 1,675 | 1,741 | 1,804 | 1,644 | ||
| — | 299 | 305 | 267 | 259 | ||
| — | 1,974 | 2,046 | 2,070 | 1,903 | ||
| — | −107 | −71.6 | −52.0 | −87.6 | ||
| — | 0.0 | 0.0 | 0.0 | 43.5 | ||
| — | 411 | 493 | 526 | 467 | ||
| — | 1,455 | 1,481 | 1,493 | 1,305 | ||
Cash from investing activities | ||||||
| — | 185 | 112 | 253 | 176 | ||
| — | 10.2 | 0.0 | 0.0 | 2.9 | ||
| — | 0.0 | 0.0 | 0.0 | 502 | ||
| — | 0.0 | 9.8 | 10.9 | 0.0 | ||
| — | 0.0 | 150 | 23.9 | 0.0 | ||
| — | 0.0 | 253 | 825 | 0.0 | ||
| — | 0.0 | 0.0 | 110 | 0.0 | ||
| — | 0.0 | 200 | 115 | 0.0 | ||
| — | 141 | 736 | 798 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 31.6 | ||
| — | 90.3 | 0.0 | 0.0 | 71.0 | ||
| — | −217 | 26.6 | 0.0 | 0.0 | ||
| — | −443 | −509 | −233 | −572 | ||
Cash from financing activities | ||||||
| — | 192 | 133 | 0.0 | 0.0 | ||
| — | — | — | 110 | 83.3 | ||
| — | 14.3 | 56.5 | 50.9 | 43.5 | ||
| — | 593 | 529 | 497 | 317 | ||
| — | −800 | −718 | −658 | −443 | ||
| — | 213 | 254 | 602 | 290 | ||
| — | 54.6 | 0.0 | 0.0 | 0.0 | ||
| — | 267 | 254 | 602 | 290 | ||
| — | — | — | 1,129 | 527 | ||
Reference items | ||||||
| 2,169 | 1,935 | 1,893 | 1,919 | 1,711 | ||
| 18.4% | 17.6% | 17.7% | 19.9% | 21.4% | ||
| 1,270 | 1,270 | 1,370 | 1,240 | 1,130 | ||
| — | 1,256 | 1,313 | 1,189 | — | ||
| ₹119.81 | ₹119.81 | ₹129.20 | ₹116.98 | ₹106.56 | ||
| 34.91× | — | — | — | — | ||
| — | 1.14× | 1.17× | 1.14× | 1.11× | ||
| — | 411 | 493 | 526 | 467 | ||
| — | 14.3 | 56.5 | 50.9 | 43.5 | ||
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 | 231.5 | 271.6 | 305.3 | 347.5 | — | |
| + Finance Costs | 0.0 | 50.9 | 56.5 | 64.2 | — | |
| + Interest Income | 0.0 | -81.6 | -67.5 | 0.0 | — | |
| + Dividend Income | 35.7 | 0.0 | 0.0 | 0.0 | — | |
| + Share-based Payments | 81.7 | 43.4 | 37.5 | 16.6 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 16.2 | 0.7 | -102.0 | — | |
| + Other Non-cash Items | 0.0 | -16.4 | -27.3 | -24.6 | — | |
| + Other — Cash Effects are Investing / Financing | 1.4 | 0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -1.6 | 0.0 | 0.0 | 69.6 | — | |
| Changes in Working Capital | ||||||
| + Trade Receivables — Current | -29.0 | -17.4 | -83.4 | -368.5 | — | |
| + Other Bank Balances | 7.1 | 0.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -89.8 | -38.3 | 61.1 | 296.4 | — | |
| + Provisions — Current | 22.5 | 38.2 | 21.9 | 0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 1,643.7 | 1,803.8 | 1,740.7 | 1,674.5 | 1,835.8 | |
| + Total Adjustments (incl. Working Capital) | 259.5 | 266.6 | 304.8 | 299.2 | — | |
| Cash from Operations (pre-tax) | 1,903.2 | 2,070.4 | 2,045.5 | 1,973.7 | — | |
| + Interest Received — Operating | -87.6 | -52.0 | -71.6 | -107.3 | — | |
| + Interest Paid — Operating | 43.5 | 0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 467.0 | 525.6 | 492.8 | 411.3 | — | |
| Cash from Operating Activities | 1,305.1 | 1,492.8 | 1,481.1 | 1,455.1 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 175.5 | 252.8 | 111.6 | 185.1 | — | |
| + Disp of Fixed Assets | 2.9 | 0.0 | 0.0 | 10.2 | — | |
| + Acq of Investment Property | 501.8 | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 10.9 | 9.8 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 23.9 | 150.2 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 825.4 | 252.7 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 110.4 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 115.3 | 199.7 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 797.8 | 736.4 | 141.0 | — | |
| + Dividends Received — Investing | 31.6 | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 71.0 | 0.0 | 0.0 | 90.3 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 26.6 | -217.2 | — | |
| Cash from Investing Activities | -571.8 | -233.3 | -509.4 | -442.8 | — | |
| Cash from Financing Activities | ||||||
| + Payment of Lease Liabilities | 0.0 | 0.0 | 132.5 | 192.4 | — | |
| + Payment of Finance Lease Liabilities | 83.3 | 110.3 | — | — | — | |
| + Interest Paid | 43.5 | 50.9 | 56.5 | 14.3 | — | |
| + Dividends Paid | 316.7 | 496.7 | 529.2 | 592.8 | — | |
| Cash from Financing Activities | -443.5 | -657.9 | -718.2 | -799.5 | — | |
| Net Changes in Cash (pre-FX) | 289.8 | 601.6 | 253.5 | 212.8 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | 0.0 | 54.6 | — | |
| Net Changes in Cash | 289.8 | 601.6 | 253.5 | 267.4 | — | |
| Closing Cash | 527.2 | 1,128.8 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 1,710.7 | 1,919.0 | 1,892.5 | 1,935.0 | 2,169.3 | |
| EBITDA Margin % | 21.35 | 19.89 | 17.74 | 17.60 | 18.44 | |
| Free Cash Flow (CFO − Capex) | 1,129.6 | 1,240.0 | 1,369.5 | 1,270.0 | 1,270.0 | |
| Free Cash Flow to Equity | — | 1,189.1 | 1,313.0 | 1,255.7 | — | |
| Free Cash Flow per Basic Share | 106.56 | 116.98 | 129.20 | 119.81 | 119.81 | |
| Price to Free Cash Flow | — | — | — | — | 34.91 | |
| Cash Flow to Net Income | 1.11 | 1.14 | 1.17 | 1.14 | — | |
| Cash Paid for Taxes | 467.0 | 525.6 | 492.8 | 411.3 | — | |
| Cash Paid for Interest | 43.5 | 50.9 | 56.5 | 14.3 | — | |