Swelect Energy Systems cash flow

Latest FY26

Cash from operations: ₹95.5cr−26.6% on FY25
Capital spending: ₹242cr+75.8% on FY25
Free cash flow: −₹146cr−₹7.5 cr in FY25
Cash from financing: ₹50.3cr+158.7% on 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.
	—	48.8	43.2	41.8	43.3
	—	61.2	57.0	0.0	31.8
	—	−16.7	−15.1	0.0	−10.7
	—	0.0	−0.3	0.0	0.0
	—	0.0	4.3	−51.8	0.0
	—	25.8	14.8	0.0	0.0
	—	−1.4	−27.7	11.8	−13.7
	—	−12.1	−0.4	0.0	0.0
	—	1.5	0.0	0.0	10.5
	—	−1.0	57.7	−114	24.8
	—	0.0	−11.2	−11.4	24.1
	—	−0.5	−6.0	0.0	0.0
	—	0.0	0.0	24.1	49.9
	—	−138	−5.0	0.0	−9.6
	—	0.0	4.2	−25.8	0.0
	—	57.0	21.4	122	−21.9
	—	0.0	2.6	0.0	0.0
	—	0.0	−9.0	0.0	0.0
	—	0.0	−37.6	0.0	0.0
	—	0.0	0.6	5.1	0.0
	—	4.1	0.2	0.0	−2.2
	—	0.0	0.2	−2.9	0.0
Cash from operating activities
	58.2	75.6	43.6	60.2	31.1
	—	28.1	93.5	−1.6	126
	—	104	137	58.6	157
	—	0.0	0.0	−13.2	0.0
	—	0.0	0.0	−51.0	0.0
	—	0.0	0.0	0.0	−23.3
	—	8.2	7.1	6.8	2.7
	—	95.5	130	89.5	131
Cash from investing activities
	—	242	138	128	151
	—	8.0	0.6	0.0	0.4
	—	0.0	43.7	0.0	149
	—	0.0	28.7	30.2	0.0
	—	0.0	0.0	0.0	0.0
	—	0.0	14.7	63.0	0.0
	—	0.0	9.0	0.0	0.0
	—	3.8	0.3	0.0	0.0
	—	16.7	15.1	12.3	10.7
	—	15.1	0.0	−60.0	5.3
	—	−198	−113	−82.3	−284
Cash from financing activities
	—	10.4	0.4	0.0	0.0
	—	106	294	84.9	48.8
	—	0.0	212	0.0	0.0
	—	0.2	0.1	0.1	0.0
	—	—	—	0.0	2.3
	—	61.0	56.9	50.5	31.1
	—	4.5	6.1	1.8	4.5
	—	0.0	−0.0	0.0	−0.0
	—	50.3	19.4	32.4	10.8
	—	−52.5	36.7	39.7	−142
	—	−52.5	36.7	39.7	−142
	—	—	—	−77.2	−117
Reference items
	138	151	96.9	84.0	71.9
	22.6%	23.0%	15.6%	34.6%	19.7%
	−146	−146	−7.5	−38.3	−19.9
	—	−37.5	−5.7	−70.0	—
	−₹96.58	−₹96.58	−₹4.93	−₹25.28	−₹13.11
	—	1.66×	9.31×	1.42×	20.47×
	—	8.2	7.1	6.8	2.7
	—	61.0	56.9	50.5	31.1

Open the chart

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

alphave

SWELECTES₹595.30

Swelect Energy Systems Limited

· Capital Goods & Defence

₹ CrorePeersWAAREEINDO JYOTISTRUC BAJEL MARSONS EXICOM BBL SURANASOL INDOTECHMcap ₹902 Cr

View

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	43.3	41.8	43.2	48.8	—
+ Finance Costs	31.8	0.0	57.0	61.2	—
+ Interest Income	-10.7	0.0	-15.1	-16.7	—
+ Dividend Income	0.0	0.0	-0.3	0.0	—
+ Fair Value (Gains) / Losses	0.0	-51.8	4.3	0.0	—
+ Unrealised FX (Gain) / Loss	0.0	0.0	14.8	25.8	—
+ Other Non-cash Items	-13.7	11.8	-27.7	-1.4	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-0.4	-12.1	—
+ Other Reconciling Items	10.5	0.0	0.0	1.5	—
Changes in Working Capital
+ Inventories	24.8	-114.1	57.7	-1.0	—
+ Trade Receivables — Current	24.1	-11.4	-11.2	0.0	—
+ Other Financial Assets — Current	0.0	0.0	-6.0	-0.5	—
+ Other Financial Assets — Non-current	49.9	24.1	0.0	0.0	—
+ Other Current Assets	-9.6	0.0	-5.0	-138.4	—
+ Other Non-current Assets	0.0	-25.8	4.2	0.0	—
+ Trade Payables — Current	-21.9	121.6	21.4	57.0	—
+ Other Financial Liabilities — Current	0.0	0.0	2.6	0.0	—
+ Other Financial Liabilities — Non-current	0.0	0.0	-9.0	0.0	—
+ Other Current Liabilities	0.0	0.0	-37.6	0.0	—
+ Other Non-current Liabilities	0.0	5.1	0.6	0.0	—
+ Provisions — Current	-2.2	0.0	0.2	4.1	—
+ Provisions — Non-current	0.0	-2.9	0.2	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	31.1	60.2	43.6	75.6	58.2
+ Total Adjustments (incl. Working Capital)	126.3	-1.6	93.5	28.1	—
Cash from Operations (pre-tax)	157.4	58.6	137.2	103.7	—
+ Interest Received — Operating	0.0	-13.2	0.0	0.0	—
+ Interest Paid — Operating	0.0	-51.0	0.0	0.0	—
+ Other Inflows / (Outflows) — Operating	-23.3	0.0	0.0	0.0	—
+ Income Taxes Paid	2.7	6.8	7.1	8.2	—
Cash from Operating Activities	131.5	89.5	130.1	95.5	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	151.3	127.9	137.6	241.9	—
+ Disp of Fixed Assets	0.4	0.0	0.6	8.0	—
+ Acq of Other Long-term Assets	149.2	0.0	43.7	0.0	—
+ Disp of Other Long-term Assets	0.0	30.2	28.7	0.0	—
+ Acq of Interests in Joint Ventures	0.0	0.0	0.0	0.0	—
+ Disp of Subsidiaries / Businesses (net)	0.0	63.0	14.7	0.0	—
+ Loans & Advances Repaid	0.0	0.0	9.0	0.0	—
+ Dividends Received — Investing	0.0	0.0	0.3	3.8	—
+ Interest Received — Investing	10.7	12.3	15.1	16.7	—
+ Other Inflows / (Outflows) — Investing	5.3	-60.0	0.0	15.1	—
Cash from Investing Activities	-284.1	-82.3	-112.9	-198.2	—
Cash from Financing Activities
+ Proceeds — Change in Ownership of Subsidiaries	0.0	0.0	0.4	10.4	—
+ Proceeds from Borrowings	48.8	84.9	294.0	105.6	—
+ Repayment of Borrowings	0.0	0.0	211.8	0.0	—
+ Payment of Lease Liabilities	0.0	0.1	0.1	0.2	—
+ Payment of Finance Lease Liabilities	2.3	0.0	—	—	—
+ Interest Paid	31.1	50.5	56.9	61.0	—
+ Dividends Paid	4.5	1.8	6.1	4.5	—
+ Other Inflows / (Outflows) — Financing	-0.0	0.0	-0.0	0.0	—
Cash from Financing Activities	10.8	32.4	19.4	50.3	—
Net Changes in Cash (pre-FX)	-141.9	39.7	36.7	-52.5	—
Net Changes in Cash	-141.9	39.7	36.7	-52.5	—
Closing Cash	-116.8	-77.2	—	—	—
Reference Items
EBITDA	71.9	84.0	96.9	151.4	138.1
EBITDA Margin %	19.66	34.59	15.58	23.04	22.62
Free Cash Flow (CFO − Capex)	-19.9	-38.3	-7.5	-146.4	-146.4
Free Cash Flow to Equity	—	-70.0	-5.7	-37.5	—
Free Cash Flow per Basic Share	-13.11	-25.28	-4.93	-96.58	-96.58
Cash Flow to Net Income	20.47	1.42	9.31	1.66	—
Cash Paid for Taxes	2.7	6.8	7.1	8.2	—
Cash Paid for Interest	31.1	50.5	56.9	61.0	—

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%.