Mukand cash flow

Latest FY26

Cash from operations: −₹441cr₹180 cr in FY25
Capital spending: ₹108cr−14.0% on FY25
Free cash flow: −₹549cr₹54.0 cr in FY25
Cash from financing: −₹36.8cr−₹85.8 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.
	—	62.4	50.7	49.7	52.4
	—	142	124	0.0	165
	—	−0.0	0.0	0.0	−0.0
	—	−0.5	−0.9	0.0	0.0
	—	2.7	5.5	0.0	190
	—	0.0	−4.1	0.0	0.0
	—	−554	0.0	0.0	0.0
	—	−395	−418	−40.8	−88.5
	—	1.3	104	−12.3	−50.3
	—	53.9	−22.6	43.1	225
	—	−86.5	−59.1	42.3	−43.7
	—	0.0	0.0	0.0	−520
	—	0.0	155	−96.1	28.0
	—	−33.0	0.0	0.0	0.0
	—	0.1	0.0	−73.2	0.0
	—	2.1	42.5	−18.8	29.2
	—	−129	0.0	0.0	0.0
	—	−11.7	80.5	0.0	−52.7
	—	−3.4	0.3	−8.7	0.0
	—	0.0	−2.9	0.0	−0.3
Cash from operating activities
	535	512	118	127	179
	—	−948	54.7	−115	−65.6
	—	−436	173	12.1	113
	—	5.2	−7.1	1.8	7.3
	—	−441	180	10.2	106
Cash from investing activities
	—	108	126	47.7	61.0
	—	590	19.7	−4.9	681
	—	13.1	0.0	0.0	0.0
	—	3.3	−17.8	151	−0.9
	—	0.0	0.0	0.0	0.0
	—	0.4	0.4	0.8	0.0
	—	472	−124	99.0	619
Cash from financing activities
	—	137	0.0	0.0	−486
	—	0.0	−70.1	0.3	0.0
	—	145	127	123	174
	—	28.8	28.8	28.9	21.7
	—	0.0	0.0	0.0	−45.3
	—	−36.8	−85.8	−152	−728
	—	−5.9	−29.4	−43.1	−3.0
	—	−5.9	−29.4	−43.1	−3.0
	—	—	—	−3.7	39.4
Reference items
	131	171	284	292	−177
	2.6%	3.5%	5.8%	5.6%	−3.2%
	−549	−549	54.0	−37.5	44.9
	—	−557	−2.8	−176	—
	−₹38.02	−₹38.02	₹3.74	−₹2.59	₹3.11
	—	−0.73×	2.37×	0.10×	0.62×
	—	5.2	−7.1	1.8	7.3
	—	145	127	123	174

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

alphave

MUKANDLTD₹149.63

Mukand Limited

· Capital Goods & Defence

₹ CrorePeersMSPL RATNAVEER HITECH AEROENTER RHETAN RSL STEELXIND MANAKCOATMcap ₹2,162 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	52.4	49.7	50.7	62.4	—
+ Finance Costs	164.5	0.0	123.5	141.9	—
+ Dividend Income	-0.0	0.0	0.0	-0.0	—
+ Fair Value (Gains) / Losses	0.0	0.0	-0.9	-0.5	—
+ Other Non-cash Items	190.4	0.0	5.5	2.7	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-4.1	0.0	—
+ Other Reconciling Items	0.0	0.0	0.0	-553.9	—
Changes in Working Capital
+ Inventories	-88.5	-40.8	-417.7	-394.7	—
+ Trade Receivables — Current	-50.3	-12.3	103.6	1.3	—
+ Other Financial Assets — Non-current	225.2	43.1	-22.6	53.9	—
+ Other Non-current Assets	-43.7	42.3	-59.1	-86.5	—
+ Other Bank Balances	-519.9	0.0	0.0	0.0	—
+ Trade Payables — Current	28.0	-96.1	155.2	0.0	—
+ Trade Payables — Non-current	0.0	0.0	0.0	-33.0	—
+ Other Financial Liabilities — Current	0.0	-73.2	0.0	0.1	—
+ Other Financial Liabilities — Non-current	29.2	-18.8	42.5	2.1	—
+ Other Current Liabilities	0.0	0.0	0.0	-128.6	—
+ Other Non-current Liabilities	-52.7	0.0	80.5	-11.7	—
+ Provisions — Current	0.0	-8.7	0.3	-3.4	—
+ Provisions — Non-current	-0.3	0.0	-2.9	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	178.8	126.8	118.3	512.1	534.7
+ Total Adjustments (incl. Working Capital)	-65.6	-114.8	54.7	-947.9	—
Cash from Operations (pre-tax)	113.2	12.1	173.0	-435.7	—
+ Income Taxes Paid	7.3	1.8	-7.1	5.2	—
Cash from Operating Activities	105.9	10.2	180.1	-441.0	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	61.0	47.7	126.1	108.4	—
+ Disp of Fixed Assets	680.6	-4.9	19.7	589.6	—
+ Acq of Investment Property	0.0	0.0	0.0	13.1	—
+ Disp of Investment Property	-0.9	150.9	-17.8	3.3	—
+ Dividends Received — Investing	0.0	0.0	0.0	0.0	—
+ Other Inflows / (Outflows) — Investing	0.0	0.8	0.4	0.4	—
Cash from Investing Activities	618.8	99.0	-123.7	471.9	—
Cash from Financing Activities
+ Proceeds from Borrowings	-486.4	0.0	0.0	137.4	—
+ Repayment of Borrowings	0.0	0.3	-70.1	0.0	—
+ Interest Paid	174.3	123.2	127.0	145.4	—
+ Dividends Paid	21.7	28.9	28.8	28.8	—
+ Other Inflows / (Outflows) — Financing	-45.3	0.0	0.0	0.0	—
Cash from Financing Activities	-727.7	-152.3	-85.8	-36.8	—
Net Changes in Cash (pre-FX)	-3.0	-43.1	-29.4	-5.9	—
Net Changes in Cash	-3.0	-43.1	-29.4	-5.9	—
Closing Cash	39.4	-3.7	—	—	—
Reference Items
EBITDA	-177.1	292.0	284.2	171.0	131.0
EBITDA Margin %	-3.18	5.64	5.81	3.50	2.56
Free Cash Flow (CFO − Capex)	44.9	-37.5	54.0	-549.4	-549.4
Free Cash Flow to Equity	—	-176.2	-2.8	-557.4	—
Free Cash Flow per Basic Share	3.11	-2.59	3.74	-38.02	-38.02
Cash Flow to Net Income	0.62	0.10	2.37	-0.73	—
Cash Paid for Taxes	7.3	1.8	-7.1	5.2	—
Cash Paid for Interest	174.3	123.2	127.0	145.4	—

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%.