Mishra Dhatu Nigam cash flow

Latest FY26

Cash from operations: ₹155cr−28.7% on FY25
Capital spending: ₹49.3cr−27.2% on FY25
Free cash flow: ₹105cr−29.4% on FY25
Cash from financing: ₹16.1cr−₹126 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.
	—	66.4	63.5	58.6	53.0
	—	25.1	29.4	34.6	25.7
	—	−8.6	−8.7	−8.4	−9.3
	—	−51.6	28.7	−84.9	−133
	—	−144	−87.3	−7.2	−9.5
	—	1.3	−1.8	−7.9	0.3
	—	8.2	76.4	79.0	26.9
	—	20.6	−26.7	−25.8	−16.6
	—	−3.1	1.9	10.0	−3.9
	—	0.0	0.0	0.2	0.1
	—	61.7	15.3	39.4	−69.0
	—	50.4	16.0	37.7	−57.2
	—	−1.4	−1.1	−0.7	−1.2
Cash from operating activities
	189	184	156	131	217
	—	25.0	106	124	−194
	—	209	262	255	22.7
	—	−10.5	−7.2	−5.5	−5.9
	—	2.0	−1.3	−0.4	−0.1
	—	45.9	36.3	33.8	52.1
	—	155	217	216	−35.4
Cash from investing activities
	—	49.3	67.7	79.1	72.9
	—	−0.0	0.1	−0.3	−0.0
	—	0.0	2.7	0.0	0.0
	—	9.0	5.5	5.5	8.0
	—	−109	−31.4	8.6	61.9
	—	−150	−96.2	−65.2	−2.9
Cash from financing activities
	—	245	175	257	0.0
	—	195	265	320	−120
	—	−7.1	−7.2	0.0	0.0
	—	—	—	−7.2	−9.1
	—	25.1	29.4	34.6	25.7
	—	15.9	14.1	57.7	60.3
	—	16.1	−126	−148	42.8
	—	21.2	−5.6	2.2	4.4
	—	21.2	−5.6	2.2	4.4
	—	—	—	16.5	14.3
Reference items
	240	238	218	194	258
	18.8%	19.7%	20.3%	18.1%	29.5%
	105	105	149	137	−108
	—	130	29.8	38.8	—
	₹5.62	₹5.62	₹7.97	₹7.29	−₹5.78
	67.30×	—	—	—	—
	—	1.18×	1.96×	2.35×	−0.23×
	—	45.9	36.3	33.8	52.1
	—	25.1	29.4	34.6	25.7

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

alphave

MIDHANI₹378.50

Mishra Dhatu Nigam Ltd.

· Capital Goods & Defence

₹ CrorePeersMTARTECH BEL MAHSEAMLES OSWALPUMPS PARAS LLOYDSENGG KSB KRNMcap ₹7,091 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	53.0	58.6	63.5	66.4	—
+ Finance Costs	25.7	34.6	29.4	25.1	—
+ Other Reconciling Items	-9.3	-8.4	-8.7	-8.6	—
Changes in Working Capital
+ Inventories	-133.4	-84.9	28.7	-51.6	—
+ Trade Receivables — Current	-9.5	-7.2	-87.3	-143.9	—
+ Other Financial Assets — Current	0.3	-7.9	-1.8	1.3	—
+ Other Current Assets	26.9	79.0	76.4	8.2	—
+ Trade Payables — Current	-16.6	-25.8	-26.7	20.6	—
+ Other Financial Liabilities — Current	-3.9	10.0	1.9	-3.1	—
+ Other Financial Liabilities — Non-current	0.1	0.2	0.0	0.0	—
+ Other Current Liabilities	-69.0	39.4	15.3	61.7	—
+ Other Non-current Liabilities	-57.2	37.7	16.0	50.4	—
+ Provisions — Current	-1.2	-0.7	-1.1	-1.4	—
Cash from Operating Activities
Profit Before Tax (per I/S)	216.5	131.0	156.0	184.1	189.0
+ Total Adjustments (incl. Working Capital)	-193.9	124.4	105.8	25.0	—
Cash from Operations (pre-tax)	22.7	255.4	261.8	209.1	—
+ Interest Received — Operating	-5.9	-5.5	-7.2	-10.5	—
+ Other Inflows / (Outflows) — Operating	-0.1	-0.4	-1.3	2.0	—
+ Income Taxes Paid	52.1	33.8	36.3	45.9	—
Cash from Operating Activities	-35.4	215.6	217.0	154.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	72.9	79.1	67.7	49.3	—
+ Disp of Fixed Assets	-0.0	-0.3	0.1	-0.0	—
+ Acq of Interests in Joint Ventures	0.0	0.0	2.7	0.0	—
+ Interest Received — Investing	8.0	5.5	5.5	9.0	—
+ Other Inflows / (Outflows) — Investing	61.9	8.6	-31.4	-109.3	—
Cash from Investing Activities	-2.9	-65.2	-96.2	-149.6	—
Cash from Financing Activities
+ Proceeds from Borrowings	0.0	256.8	174.9	244.9	—
+ Repayment of Borrowings	-119.8	320.0	265.0	195.0	—
+ Payment of Lease Liabilities	0.0	0.0	-7.2	-7.1	—
+ Payment of Finance Lease Liabilities	-9.1	-7.2	—	—	—
+ Interest Paid	25.7	34.6	29.4	25.1	—
+ Dividends Paid	60.3	57.7	14.1	15.9	—
Cash from Financing Activities	42.8	-148.3	-126.4	16.1	—
Net Changes in Cash (pre-FX)	4.4	2.2	-5.6	21.2	—
Net Changes in Cash	4.4	2.2	-5.6	21.2	—
Closing Cash	14.3	16.5	—	—	—
Reference Items
EBITDA	257.5	194.2	218.0	237.6	240.0
EBITDA Margin %	29.53	18.10	20.30	19.66	18.79
Free Cash Flow (CFO − Capex)	-108.3	136.6	149.3	105.4	105.4
Free Cash Flow to Equity	—	38.8	29.8	130.2	—
Free Cash Flow per Basic Share	-5.78	7.29	7.97	5.62	5.62
Price to Free Cash Flow	—	—	—	—	67.30
Cash Flow to Net Income	-0.23	2.35	1.96	1.18	—
Cash Paid for Taxes	52.1	33.8	36.3	45.9	—
Cash Paid for Interest	25.7	34.6	29.4	25.1	—

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.

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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%.