The Sandesh cash flow

Latest FY26

Cash from operations: −₹145cr₹67.4 cr in FY25
Capital spending: ₹5.6cr+76.1% on FY25
Free cash flow: −₹151cr₹64.2 cr in FY25
Cash from financing: −₹2.1cr−₹2.1 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.
	—	7.0	7.3	6.6	5.9
	—	−0.4	−0.5	0.0	0.0
	—	0.2	0.2	0.3	0.1
	—	−12.5	−8.8	−10.2	−11.8
	—	−3.9	−3.1	−2.4	−1.8
	—	6.5	−25.2	−153	−24.8
	—	0.0	0.0	−0.1	−2.0
	—	−226	−10.1	−0.9	16.2
	—	−26.5	−10.9	−3.0	1.4
	—	4.9	47.2	69.2	0.0
	—	28.3	−7.7	33.1	4.4
	—	0.0	0.0	−0.7	−1.1
	—	0.0	0.0	−0.3	0.0
	—	11.0	2.6	−0.1	−0.6
	—	1.8	−1.8	−1.7	−3.0
	—	−0.5	−1.4	−1.7	−2.0
	—	2.6	0.4	0.0	0.0
	—	0.0	0.0	0.4	6.8
Cash from operating activities
	134	95.5	98.7	241	134
	—	−207	−11.8	−64.6	−12.1
	—	−111	86.9	176	121
	—	33.9	19.5	22.3	25.6
	—	−145	67.4	154	95.9
Cash from investing activities
	—	5.6	3.2	4.7	2.8
	—	0.0	0.0	0.2	2.4
	—	0.5	0.7	0.0	0.0
	—	0.0	118	138	125
	—	137	0.0	0.0	0.0
	—	3.9	3.1	2.4	1.8
	—	12.5	8.8	10.2	11.8
	—	148	−109	−130	−112
Cash from financing activities
	—	0.0	0.0	0.0	0.1
	—	0.2	0.2	0.3	0.1
	—	1.9	1.9	3.8	3.8
	—	−2.1	−2.1	−4.0	−4.0
	—	0.7	−43.2	19.7	−20.2
	—	0.7	−43.2	19.7	−20.2
	—	—	—	63.4	49.4
Reference items
	9.1	86.4	68.4	81.8	94.9
	1.1%	19.6%	23.3%	25.4%	27.9%
	−151	−151	64.2	149	93.1
	—	−151	64.0	149	—
	−₹197.09	−₹197.09	₹83.82	₹194.72	₹121.50
	—	−2.21×	0.87×	0.82×	0.95×
	—	33.9	19.5	22.3	25.6
	—	0.2	0.2	0.3	0.1

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

alphave

SANDESH₹986.75

The Sandesh Limited

· Telecom & Media

₹ CrorePeersHTMEDIA JAGRANMcap ₹756 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	5.9	6.6	7.3	7.0	—
+ Impairment Loss / (Reversal)	0.0	0.0	-0.5	-0.4	—
+ Finance Costs	0.1	0.3	0.2	0.2	—
+ Interest Income	-11.8	-10.2	-8.8	-12.5	—
+ Dividend Income	-1.8	-2.4	-3.1	-3.9	—
+ Fair Value (Gains) / Losses	-24.8	-153.0	-25.2	6.5	—
+ Other — Cash Effects are Investing / Financing	-2.0	-0.1	0.0	0.0	—
Changes in Working Capital
+ Inventories	16.2	-0.9	-10.1	-225.6	—
+ Trade Receivables — Current	1.4	-3.0	-10.9	-26.5	—
+ Other Financial Assets — Current	0.0	69.2	47.2	4.9	—
+ Other Financial Assets — Non-current	4.4	33.1	-7.7	28.3	—
+ Other Current Assets	-1.1	-0.7	0.0	0.0	—
+ Other Non-current Assets	0.0	-0.3	0.0	0.0	—
+ Trade Payables — Current	-0.6	-0.1	2.6	11.0	—
+ Other Financial Liabilities — Current	-3.0	-1.7	-1.8	1.8	—
+ Other Current Liabilities	-2.0	-1.7	-1.4	-0.5	—
+ Other Non-current Liabilities	0.0	0.0	0.4	2.6	—
+ Provisions — Non-current	6.8	0.4	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	133.5	240.8	98.7	95.5	134.1
+ Total Adjustments (incl. Working Capital)	-12.1	-64.6	-11.8	-207.0	—
Cash from Operations (pre-tax)	121.5	176.1	86.9	-111.5	—
+ Income Taxes Paid	25.6	22.3	19.5	33.9	—
Cash from Operating Activities	95.9	153.9	67.4	-145.4	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	2.8	4.7	3.2	5.6	—
+ Disp of Fixed Assets	2.4	0.2	0.0	0.0	—
+ Disp of Investment Property	0.0	0.0	0.7	0.5	—
+ Purchase of Investments (Equity / Debt)	125.2	138.2	117.9	0.0	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	0.0	136.9	—
+ Dividends Received — Investing	1.8	2.4	3.1	3.9	—
+ Interest Received — Investing	11.8	10.2	8.8	12.5	—
Cash from Investing Activities	-112.1	-130.1	-108.5	148.1	—
Cash from Financing Activities
+ Repayment of Borrowings	0.1	0.0	0.0	0.0	—
+ Interest Paid	0.1	0.3	0.2	0.2	—
+ Dividends Paid	3.8	3.8	1.9	1.9	—
Cash from Financing Activities	-4.0	-4.0	-2.1	-2.1	—
Net Changes in Cash (pre-FX)	-20.2	19.7	-43.2	0.7	—
Net Changes in Cash	-20.2	19.7	-43.2	0.7	—
Closing Cash	49.4	63.4	—	—	—
Reference Items
EBITDA	94.9	81.8	68.4	86.4	9.1
EBITDA Margin %	27.86	25.39	23.26	19.64	1.10
Free Cash Flow (CFO − Capex)	93.1	149.1	64.2	-151.0	-151.0
Free Cash Flow to Equity	—	148.9	64.0	-151.1	—
Free Cash Flow per Basic Share	121.50	194.72	83.82	-197.09	-197.09
Cash Flow to Net Income	0.95	0.82	0.87	-2.21	—
Cash Paid for Taxes	25.6	22.3	19.5	33.9	—
Cash Paid for Interest	0.1	0.3	0.2	0.2	—

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%.