| 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. | |||||
|---|---|---|---|---|---|---|
| — | 144 | 132 | 123 | 108 | ||
| — | 82.0 | 87.9 | 97.9 | 67.8 | ||
| — | −0.5 | −1.9 | −0.3 | −0.3 | ||
| — | −0.1 | −0.4 | −0.8 | −0.6 | ||
| — | 11.5 | 19.6 | −6.8 | 9.4 | ||
| — | 0.1 | −0.5 | 0.0 | 0.6 | ||
Changes in working capital | ||||||
| — | −37.6 | −129 | 140 | −183 | ||
| — | −132 | −47.1 | −51.9 | −27.4 | ||
| — | −0.8 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | −0.7 | −1.7 | 0.0 | ||
| — | 12.2 | −85.3 | 21.5 | 22.5 | ||
| — | 0.0 | 0.0 | −1.9 | 0.0 | ||
| — | 125 | 120 | −11.4 | −11.5 | ||
| — | 0.0 | 0.0 | 0.0 | −0.0 | ||
| — | 22.8 | 3.1 | −57.5 | 45.8 | ||
Cash from operating activities | ||||||
| 505 | 440 | 255 | 130 | 31.0 | ||
| — | 227 | 97.2 | 250 | 31.7 | ||
| — | 666 | 352 | 380 | 62.7 | ||
| — | 116 | 70.7 | 25.9 | 13.9 | ||
| — | 550 | 281 | 354 | 48.8 | ||
Cash from investing activities | ||||||
| — | 320 | 299 | 151 | 140 | ||
| — | 0.0 | 0.7 | 8.2 | 0.1 | ||
| — | 0.0 | 32.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | −37.8 | 0.0 | ||
| — | 0.5 | 1.9 | 0.3 | 0.3 | ||
| — | −38.5 | −29.4 | −0.5 | 6.2 | ||
| — | −358 | −294 | −180 | −133 | ||
Cash from financing activities | ||||||
| — | 24.5 | 0.0 | 0.0 | 0.0 | ||
| — | −43.0 | 393 | 81.0 | 211 | ||
| — | 69.8 | 251 | 160 | 60.7 | ||
| — | 10.1 | 9.9 | 6.8 | 3.1 | ||
| — | 79.7 | 85.6 | 94.8 | 66.7 | ||
| — | 19.5 | 7.8 | 0.0 | 7.8 | ||
| — | 0.0 | 0.0 | 9.8 | 0.0 | ||
| — | −198 | 38.6 | −171 | 72.3 | ||
| — | −5.7 | 25.8 | 3.5 | −12.1 | ||
| — | −0.0 | −0.0 | 0.0 | 0.0 | ||
| — | −5.7 | 25.8 | 3.5 | −12.1 | ||
| — | — | — | 24.0 | 20.4 | ||
Reference items | ||||||
| 684 | 646 | 454 | 325 | 186 | ||
| 24.8% | 25.2% | 21.6% | 18.6% | 11.6% | ||
| 230 | 230 | −18.0 | 204 | −90.9 | ||
| — | 37.6 | 38.3 | 29.5 | — | ||
| ₹58.90 | ₹58.90 | −₹4.61 | ₹52.22 | −₹23.28 | ||
| 55.97× | — | — | — | — | ||
| — | 1.74× | 1.52× | 3.71× | 2.29× | ||
| — | 116 | 70.7 | 25.9 | 13.9 | ||
| — | 79.7 | 85.6 | 94.8 | 66.7 | ||
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 | 108.5 | 123.4 | 131.8 | 143.8 | — | |
| + Finance Costs | 67.8 | 97.9 | 87.9 | 82.0 | — | |
| + Interest Income | -0.3 | -0.3 | -1.9 | -0.5 | — | |
| + Fair Value (Gains) / Losses | -0.6 | -0.8 | -0.4 | -0.1 | — | |
| + Unrealised FX (Gain) / Loss | 9.4 | -6.8 | 19.6 | 11.5 | — | |
| + Other Non-cash Items | 0.6 | 0.0 | -0.5 | 0.1 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -183.1 | 140.0 | -129.1 | -37.6 | — | |
| + Trade Receivables — Current | -27.4 | -51.9 | -47.1 | -131.9 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | 0.0 | -0.8 | — | |
| + Other Financial Assets — Non-current | 0.0 | -1.7 | -0.7 | 0.0 | — | |
| + Other Current Assets | 22.5 | 21.5 | -85.3 | 12.2 | — | |
| + Other Non-current Assets | 0.0 | -1.9 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -11.5 | -11.4 | 119.7 | 125.2 | — | |
| + Other Financial Liabilities — Current | -0.0 | 0.0 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 45.8 | -57.5 | 3.1 | 22.8 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 31.0 | 129.9 | 254.5 | 439.7 | 505.4 | |
| + Total Adjustments (incl. Working Capital) | 31.7 | 250.5 | 97.2 | 226.7 | — | |
| Cash from Operations (pre-tax) | 62.7 | 380.4 | 351.8 | 666.4 | — | |
| + Income Taxes Paid | 13.9 | 25.9 | 70.7 | 116.3 | — | |
| Cash from Operating Activities | 48.8 | 354.5 | 281.1 | 550.1 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 139.7 | 150.5 | 299.1 | 320.0 | — | |
| + Disp of Fixed Assets | 0.1 | 8.2 | 0.7 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 32.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | -37.8 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 0.3 | 0.3 | 1.9 | 0.5 | — | |
| + Other Inflows / (Outflows) — Investing | 6.2 | -0.5 | -29.4 | -38.5 | — | |
| Cash from Investing Activities | -133.2 | -180.3 | -294.0 | -358.1 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 0.0 | 24.5 | — | |
| + Proceeds from Borrowings | 210.6 | 81.0 | 392.5 | -43.0 | — | |
| + Repayment of Borrowings | 60.7 | 159.9 | 250.7 | 69.8 | — | |
| + Payment of Lease Liabilities | 3.1 | 6.8 | 9.9 | 10.1 | — | |
| + Interest Paid | 66.7 | 94.8 | 85.6 | 79.7 | — | |
| + Dividends Paid | 7.8 | 0.0 | 7.8 | 19.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 9.8 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 72.3 | -170.6 | 38.6 | -197.7 | — | |
| Net Changes in Cash (pre-FX) | -12.1 | 3.5 | 25.8 | -5.7 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 0.0 | -0.0 | -0.0 | — | |
| Net Changes in Cash | -12.1 | 3.5 | 25.8 | -5.7 | — | |
| Closing Cash | 20.4 | 24.0 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 185.9 | 325.0 | 453.5 | 646.2 | 683.6 | |
| EBITDA Margin % | 11.56 | 18.55 | 21.58 | 25.21 | 24.83 | |
| Free Cash Flow (CFO − Capex) | -90.9 | 204.0 | -18.0 | 230.1 | 230.1 | |
| Free Cash Flow to Equity | — | 29.5 | 38.3 | 37.6 | — | |
| Free Cash Flow per Basic Share | -23.28 | 52.22 | -4.61 | 58.90 | 58.90 | |
| Price to Free Cash Flow | — | — | — | — | 55.97 | |
| Cash Flow to Net Income | 2.29 | 3.71 | 1.52 | 1.74 | — | |
| Cash Paid for Taxes | 13.9 | 25.9 | 70.7 | 116.3 | — | |
| Cash Paid for Interest | 66.7 | 94.8 | 85.6 | 79.7 | — | |