| 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. | |||||
|---|---|---|---|---|---|---|
| — | 2,794 | 3,007 | 1,897 | 1,661 | ||
| — | 212 | 205 | 258 | 263 | ||
| — | −269 | −181 | −271 | −306 | ||
| — | −0.2 | −2.4 | −6.2 | −6.1 | ||
| — | −323 | −380 | −327 | −131 | ||
| — | −5.4 | −0.6 | −0.6 | −3.4 | ||
| — | 24.8 | 27.9 | 0.4 | 0.8 | ||
| — | −29.5 | −36.5 | 6.8 | −18.9 | ||
Changes in working capital | ||||||
| — | −296 | 1,121 | −790 | −235 | ||
| — | −613 | −43.0 | −456 | −606 | ||
| — | 353 | 328 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 522 | 790 | ||
Cash from operating activities | ||||||
| 2,099 | 2,293 | 1,312 | 2,959 | 1,495 | ||
| — | 1,847 | 4,044 | 832 | 1,407 | ||
| — | 4,140 | 5,356 | 3,792 | 2,902 | ||
| — | 346 | 436 | 444 | 333 | ||
| — | 3,794 | 4,920 | 3,347 | 2,569 | ||
Cash from investing activities | ||||||
| — | 1,866 | 4,093 | 3,140 | 3,291 | ||
| — | 43.6 | 11.3 | 60.1 | 23.1 | ||
| — | 94.2 | 21.4 | 30.9 | 35.3 | ||
| — | 0.0 | 0.0 | 10.0 | 0.0 | ||
| — | 0.0 | 0.0 | 10.0 | 0.0 | ||
| — | 3,034 | 1,064 | 226 | 97.4 | ||
| — | 924 | 1,176 | 1,648 | 586 | ||
| — | 0.0 | 0.0 | 2.0 | 18.8 | ||
| — | 0.2 | 2.4 | 6.2 | 6.1 | ||
| — | 222 | 240 | 344 | 357 | ||
| — | −37.0 | 1.0 | −22.7 | −6.4 | ||
| — | −3,740 | −3,728 | −1,418 | −2,414 | ||
Cash from financing activities | ||||||
| — | 0.1 | 0.9 | 0.0 | 0.9 | ||
| — | 0.0 | 0.0 | 0.2 | 0.0 | ||
| — | 771 | 24.5 | 719 | 906 | ||
| — | 0.0 | 622 | 1,681 | 452 | ||
| — | 182 | 127 | 149 | 0.0 | ||
| — | — | — | 0.0 | 148 | ||
| — | 193 | 190 | 220 | 259 | ||
| — | 505 | 380 | 379 | 325 | ||
| — | −110 | −1,296 | −1,710 | −277 | ||
| — | −55.3 | −104 | 219 | −122 | ||
| — | 25.3 | 1.6 | 0.6 | 9.1 | ||
| — | −30.0 | −102 | 220 | −113 | ||
| — | — | — | 234 | 14.4 | ||
Reference items | ||||||
| 4,620 | 4,638 | 3,934 | 4,517 | 2,960 | ||
| 20.1% | 22.1% | 20.4% | 22.0% | 16.6% | ||
| 1,885 | 1,885 | 816 | 147 | −746 | ||
| — | 2,469 | −32.8 | −1,137 | — | ||
| ₹522.43 | ₹522.43 | ₹226.06 | ₹40.78 | −₹206.68 | ||
| 44.26× | — | — | — | — | ||
| — | 2.17× | 4.38× | 1.40× | 2.02× | ||
| — | 346 | 436 | 444 | 333 | ||
| — | 193 | 190 | 220 | 259 | ||
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 | 1,660.7 | 1,897.3 | 3,006.8 | 2,794.0 | — | |
| + Finance Costs | 262.9 | 258.3 | 205.0 | 211.7 | — | |
| + Interest Income | -306.3 | -271.0 | -181.2 | -269.1 | — | |
| + Dividend Income | -6.1 | -6.2 | -2.4 | -0.2 | — | |
| + Fair Value (Gains) / Losses | -131.1 | -327.4 | -380.4 | -323.0 | — | |
| + Unrealised FX (Gain) / Loss | -3.4 | -0.6 | -0.6 | -5.4 | — | |
| + Other Non-cash Items | 0.8 | 0.4 | 27.9 | 24.8 | — | |
| + Other — Cash Effects are Investing / Financing | -18.9 | 6.8 | -36.5 | -29.5 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -235.0 | -790.5 | 1,120.5 | -295.7 | — | |
| + Trade Receivables — Current | -606.2 | -456.4 | -43.0 | -613.2 | — | |
| + Trade Payables — Current | 0.0 | 0.0 | 328.4 | 352.7 | — | |
| + Trade Payables — Non-current | 789.7 | 521.6 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 1,495.0 | 2,959.2 | 1,311.5 | 2,293.0 | 2,099.2 | |
| + Total Adjustments (incl. Working Capital) | 1,406.9 | 832.5 | 4,044.3 | 1,847.1 | — | |
| Cash from Operations (pre-tax) | 2,902.0 | 3,791.7 | 5,355.9 | 4,140.1 | — | |
| + Income Taxes Paid | 333.2 | 444.2 | 435.5 | 346.0 | — | |
| Cash from Operating Activities | 2,568.7 | 3,347.5 | 4,920.3 | 3,794.1 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 3,291.4 | 3,140.3 | 4,093.4 | 1,865.6 | — | |
| + Acq of Intangible Assets | 23.1 | 60.1 | 11.3 | 43.6 | — | |
| + Disp of Fixed Assets | 35.3 | 30.9 | 21.4 | 94.2 | — | |
| + Acq of Other Long-term Assets | 0.0 | 10.0 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 10.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 97.4 | 226.2 | 1,063.7 | 3,034.3 | — | |
| + Sale of Investments (Equity / Debt) | 586.5 | 1,648.3 | 1,176.4 | 924.3 | — | |
| + Loans & Advances Repaid | 18.8 | 2.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 6.1 | 6.2 | 2.4 | 0.2 | — | |
| + Interest Received — Investing | 357.0 | 343.5 | 239.6 | 222.2 | — | |
| + Other Inflows / (Outflows) — Investing | -6.4 | -22.7 | 1.0 | -37.0 | — | |
| Cash from Investing Activities | -2,414.5 | -1,418.5 | -3,727.6 | -3,739.6 | — | |
| Cash from Financing Activities | ||||||
| + Buyback / Redemption of Own Shares | 0.9 | 0.0 | 0.9 | 0.1 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.2 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 906.4 | 719.3 | 24.5 | 770.8 | — | |
| + Repayment of Borrowings | 451.6 | 1,681.5 | 622.3 | 0.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 148.9 | 127.3 | 182.0 | — | |
| + Payment of Finance Lease Liabilities | 147.6 | 0.0 | — | — | — | |
| + Interest Paid | 258.6 | 219.7 | 190.4 | 193.1 | — | |
| + Dividends Paid | 324.5 | 379.0 | 379.9 | 505.4 | — | |
| Cash from Financing Activities | -276.7 | -1,710.1 | -1,296.3 | -109.8 | — | |
| Net Changes in Cash (pre-FX) | -122.5 | 219.0 | -103.6 | -55.3 | — | |
| + Effect of FX Rate Changes on Cash | 9.1 | 0.6 | 1.6 | 25.3 | — | |
| Net Changes in Cash | -113.4 | 219.6 | -101.9 | -30.0 | — | |
| Closing Cash | 14.4 | 233.9 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 2,959.5 | 4,516.7 | 3,934.0 | 4,637.9 | 4,619.8 | |
| EBITDA Margin % | 16.58 | 22.01 | 20.40 | 22.14 | 20.06 | |
| Free Cash Flow (CFO − Capex) | -745.7 | 147.1 | 815.6 | 1,884.9 | 1,884.9 | |
| Free Cash Flow to Equity | — | -1,137.5 | -32.8 | 2,468.6 | — | |
| Free Cash Flow per Basic Share | -206.68 | 40.78 | 226.06 | 522.43 | 522.43 | |
| Price to Free Cash Flow | — | — | — | — | 44.26 | |
| Cash Flow to Net Income | 2.02 | 1.40 | 4.38 | 2.17 | — | |
| Cash Paid for Taxes | 333.2 | 444.2 | 435.5 | 346.0 | — | |
| Cash Paid for Interest | 258.6 | 219.7 | 190.4 | 193.1 | — | |