Pidilite Industries cash flow

Latest FY26

Cash from operations: ₹2,829cr+23.8% on FY25
Capital spending: ₹593cr+31.0% on FY25
Free cash flow: ₹2,237cr+22.0% on FY25
Cash from financing: −₹1,673cr−₹918 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 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.
	—	395	358	341	270
	—	54.2	50.4	51.2	47.6
	—	−18.1	−15.5	−12.1	−7.6
	—	0.0	0.0	−0.3	6.2
	—	−233	−220	−91.2	−18.9
	—	131	88.9	9.1	14.1
	—	2.0	−0.3	−58.1	10.9
	—	50.7	69.2	55.5	9.6
	—	0.0	0.0	0.0	−0.6
	—	0.0	0.0	71.7	0.0
	—	−60.6	−278	389	−143
	—	−368	−156	−144	−83.8
	—	−2.8	−18.6	−1.5	−10.2
	—	15.9	7.6	−12.2	−14.1
	—	76.6	−114	−33.1	18.0
	—	−25.9	−6.4	−0.9	−21.7
	—	1.0	−1.4	0.4	0.0
	—	131	239	103	31.6
	—	188	149	261	156
	—	0.0	0.0	0.0	−5.5
	—	−5.1	−23.2	13.4	−5.7
	—	38.0	62.8	48.0	0.0
Cash from operating activities
	3,638	3,323	2,826	2,383	1,717
	—	369	192	989	253
	—	3,692	3,018	3,372	1,969
	—	862	733	648	412
	—	2,829	2,285	2,724	1,558
Cash from investing activities
	—	593	452	559	505
	—	3.6	4.3	5.8	7.6
	—	45.2	13.0	−19.9	1,851
	—	0.0	0.0	0.0	1,448
	—	0.0	9.9	0.0	0.0
	—	0.0	0.0	47.2	0.0
	—	5.6	7.7	7.5	0.0
	—	5.2	0.0	0.3	1.2
	—	18.1	15.5	12.1	5.0
	—	−608	−1,077	−1,289	−4.1
	—	−1,225	−1,540	−1,770	−899
Cash from financing activities
	—	0.0	0.0	0.0	0.0
	—	0.7	1.6	0.0	0.0
	—	−9.2	−27.0	−50.9	16.1
	—	0.0	35.0	0.0	0.0
	—	18.2	0.0	13.0	80.5
	—	90.7	101	99.4	49.2
	—	28.7	13.1	19.5	34.5
	—	1,526	813	560	508
	—	−0.6	0.0	0.0	0.0
	—	−1,673	−918	−742	−656
	—	−68.4	−173	212	2.2
	—	−0.0	0.0	0.5	0.0
	—	−68.4	−173	213	2.2
	—	—	—	459	259
Reference items
	3,799	3,519	3,013	2,707	1,984
	23.5%	24.1%	22.9%	21.9%	16.8%
	2,237	2,237	1,833	2,166	1,052
	—	2,167	1,836	2,114	—
	₹21.98	₹21.98	₹18.01	₹21.28	₹10.34
	64.71×	—	—	—	—
	—	1.15×	1.09×	1.56×	1.21×
	—	862	733	648	412
	—	28.7	13.1	19.5	34.5

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

alphave

PIDILITIND₹1,422.00

Pidilite Industries Ltd.

· Chemicals

₹ CrorePeersASIANPAINT BERGEPAINT ASTRAL SOLARINDS SRF UPL COROMANDEL PIINDMcap ₹1.45L 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 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	269.7	340.7	358.5	394.7	—
+ Finance Costs	47.6	51.2	50.4	54.2	—
+ Interest Income	-7.6	-12.1	-15.5	-18.1	—
+ Dividend Income	6.2	-0.3	0.0	0.0	—
+ Fair Value (Gains) / Losses	-18.9	-91.2	-219.9	-233.1	—
+ Share-based Payments	14.1	9.1	88.9	130.7	—
+ Unrealised FX (Gain) / Loss	10.9	-58.1	-0.3	2.0	—
+ Other Non-cash Items	9.6	55.5	69.2	50.7	—
+ Other — Cash Effects are Investing / Financing	-0.6	0.0	0.0	0.0	—
+ Other Reconciling Items	0.0	71.7	0.0	0.0	—
Changes in Working Capital
+ Inventories	-143.2	388.8	-277.9	-60.6	—
+ Trade Receivables — Current	-83.8	-143.9	-156.3	-367.5	—
+ Other Financial Assets — Current	-10.2	-1.5	-18.6	-2.8	—
+ Other Financial Assets — Non-current	-14.1	-12.2	7.6	15.9	—
+ Other Current Assets	18.0	-33.1	-114.4	76.6	—
+ Other Non-current Assets	-21.7	-0.9	-6.4	-25.9	—
+ Other Bank Balances	0.0	0.4	-1.4	1.0	—
+ Trade Payables — Current	31.6	103.0	238.9	130.6	—
+ Other Financial Liabilities — Current	156.0	260.7	149.5	187.9	—
+ Other Financial Liabilities — Non-current	-5.5	0.0	0.0	0.0	—
+ Other Current Liabilities	-5.7	13.4	-23.2	-5.1	—
+ Provisions — Current	0.0	48.0	62.8	38.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	1,716.6	2,383.4	2,826.0	3,322.5	3,637.6
+ Total Adjustments (incl. Working Capital)	252.6	989.1	192.0	369.0	—
Cash from Operations (pre-tax)	1,969.2	3,372.5	3,018.0	3,691.6	—
+ Income Taxes Paid	411.6	648.1	732.7	862.1	—
Cash from Operating Activities	1,557.6	2,724.4	2,285.2	2,829.4	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	505.4	558.7	452.3	592.8	—
+ Disp of Fixed Assets	7.6	5.8	4.3	3.6	—
+ Purchase of Investments (Equity / Debt)	1,851.2	-19.9	13.0	45.2	—
+ Sale of Investments (Equity / Debt)	1,447.8	0.0	0.0	0.0	—
+ Acq of Subsidiaries / Businesses (net)	0.0	0.0	9.9	0.0	—
+ Disp of Subsidiaries / Businesses (net)	0.0	47.2	0.0	0.0	—
+ Loans & Advances Made	0.0	7.5	7.7	5.6	—
+ Dividends Received — Investing	1.2	0.3	0.0	5.2	—
+ Interest Received — Investing	5.0	12.1	15.5	18.1	—
+ Other Inflows / (Outflows) — Investing	-4.1	-1,288.7	-1,077.0	-608.4	—
Cash from Investing Activities	-899.0	-1,769.6	-1,540.2	-1,225.1	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.0	0.0	0.0	0.0	—
+ Proceeds from Other Equity Instruments	0.0	0.0	1.6	0.7	—
+ Proceeds — Change in Ownership of Subsidiaries	16.1	-50.9	-27.0	-9.2	—
+ Proceeds from Borrowings	0.0	0.0	35.0	0.0	—
+ Repayment of Borrowings	80.5	13.0	0.0	18.2	—
+ Payment of Lease Liabilities	49.2	99.4	101.0	90.7	—
+ Interest Paid	34.5	19.5	13.1	28.7	—
+ Dividends Paid	508.3	559.7	813.4	1,526.0	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-0.6	—
Cash from Financing Activities	-656.4	-742.5	-917.9	-1,672.8	—
Net Changes in Cash (pre-FX)	2.2	212.3	-172.9	-68.4	—
+ Effect of FX Rate Changes on Cash	0.0	0.5	0.0	-0.0	—
Net Changes in Cash	2.2	212.8	-172.9	-68.4	—
Closing Cash	258.6	458.9	—	—	—
Reference Items
EBITDA	1,984.4	2,707.3	3,012.5	3,519.0	3,798.7
EBITDA Margin %	16.82	21.86	22.93	24.10	23.53
Free Cash Flow (CFO − Capex)	1,052.2	2,165.7	1,832.9	2,236.7	2,236.7
Free Cash Flow to Equity	—	2,114.1	1,835.8	2,166.7	—
Free Cash Flow per Basic Share	10.34	21.28	18.01	21.98	21.98
Price to Free Cash Flow	—	—	—	—	64.71
Cash Flow to Net Income	1.21	1.56	1.09	1.15	—
Cash Paid for Taxes	411.6	648.1	732.7	862.1	—
Cash Paid for Interest	34.5	19.5	13.1	28.7	—

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%.