| 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. | |||||
|---|---|---|---|---|---|---|
| — | 58.6 | 55.3 | 47.0 | 38.7 | ||
| — | −1.9 | 0.0 | 0.0 | 0.0 | ||
| — | 2.8 | 3.1 | 4.2 | 2.4 | ||
| — | −3.1 | −2.0 | −1.0 | −1.4 | ||
| — | −2.6 | −1.1 | −5.8 | 0.0 | ||
| — | 24.1 | 0.0 | 0.0 | 0.0 | ||
| — | 1.3 | 24.5 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | −5.4 | ||
| — | 0.0 | −7.7 | 16.7 | 21.2 | ||
Changes in working capital | ||||||
| — | −1.9 | 1.0 | −19.9 | −3.1 | ||
| — | −1.0 | −30.8 | 32.8 | −1.4 | ||
| — | 0.0 | 0.0 | 0.0 | 5.2 | ||
| — | −5.1 | 0.0 | 0.0 | −0.4 | ||
| — | 2.7 | −15.4 | 2.2 | 0.0 | ||
| — | −4.1 | 0.0 | 0.0 | 0.0 | ||
| — | −10.9 | 36.1 | 16.1 | 8.8 | ||
| — | 0.0 | 0.0 | 0.0 | 0.1 | ||
| — | 0.0 | 1.3 | 0.0 | −2.7 | ||
| — | −3.1 | 20.3 | 0.4 | 0.0 | ||
| — | 0.0 | 0.0 | 0.9 | 0.0 | ||
| — | 5.6 | 1.3 | 7.4 | 9.5 | ||
| — | 0.0 | 0.0 | 0.0 | −1.0 | ||
Cash from operating activities | ||||||
| 199 | 211 | 147 | 95.6 | 87.4 | ||
| — | 61.6 | 85.8 | 101 | 70.4 | ||
| — | 273 | 233 | 197 | 158 | ||
| — | 59.8 | 41.4 | 29.0 | 28.5 | ||
| — | 213 | 191 | 168 | 129 | ||
Cash from investing activities | ||||||
| — | 20.9 | 44.9 | 61.6 | 43.7 | ||
| — | 5.4 | 0.0 | 0.7 | 2.1 | ||
| — | 0.0 | 0.0 | 0.0 | 193 | ||
| — | 0.0 | 0.0 | 8.0 | 185 | ||
| — | 10.6 | 6.6 | 19.9 | 0.0 | ||
| — | 0.0 | 8.2 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 3.5 | 0.0 | ||
| — | 0.0 | 11.3 | 0.0 | 0.0 | ||
| — | 3.1 | 2.0 | 1.0 | 1.3 | ||
| — | 0.0 | 0.0 | 0.0 | −7.2 | ||
| — | −23.0 | −52.5 | −91.3 | −39.0 | ||
Cash from financing activities | ||||||
| — | 0.0 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | −1.2 | 0.0 | ||
| — | 0.0 | 0.0 | 28.6 | 0.0 | ||
| — | 0.0 | 21.6 | 7.0 | 0.0 | ||
| — | 21.2 | 13.1 | 5.7 | 7.8 | ||
| — | 0.0 | 0.4 | 6.6 | 0.0 | ||
| — | 148 | 95.3 | 95.3 | 79.4 | ||
| — | 0.0 | 0.0 | 0.0 | 0.9 | ||
| — | −170 | −130 | −84.8 | −86.2 | ||
| — | 20.6 | 8.4 | −8.5 | 4.1 | ||
| — | 20.6 | 8.4 | −8.5 | 4.1 | ||
| — | — | — | 9.3 | 17.8 | ||
Reference items | ||||||
| 299 | 262 | 190 | 137 | 120 | ||
| 32.2% | 31.6% | 27.7% | 24.0% | 22.8% | ||
| 192 | 192 | 146 | 106 | 85.7 | ||
| — | — | 124 | 121 | — | ||
| ₹12.09 | ₹12.09 | ₹9.20 | ₹6.66 | ₹5.38 | ||
| 42.66× | — | — | — | — | ||
| — | 1.31× | 2.11× | 2.41× | 2.01× | ||
| — | 59.8 | 41.4 | 29.0 | 28.5 | ||
| — | — | 0.4 | 6.6 | — | ||
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 | 38.7 | 47.0 | 55.3 | 58.6 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 0.0 | -1.9 | — | |
| + Finance Costs | 2.4 | 4.2 | 3.1 | 2.8 | — | |
| + Interest Income | -1.4 | -1.0 | -2.0 | -3.1 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -5.8 | -1.1 | -2.6 | — | |
| + Share-based Payments | 0.0 | 0.0 | 0.0 | 24.1 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | 24.5 | 1.3 | — | |
| + Other — Cash Effects are Investing / Financing | -5.4 | 0.0 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 21.2 | 16.7 | -7.7 | 0.0 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -3.1 | -19.9 | 1.0 | -1.9 | — | |
| + Trade Receivables — Current | -1.4 | 32.8 | -30.8 | -1.0 | — | |
| + Other Financial Assets — Current | 5.2 | 0.0 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | -0.4 | 0.0 | 0.0 | -5.1 | — | |
| + Other Current Assets | 0.0 | 2.2 | -15.4 | 2.7 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | 0.0 | -4.1 | — | |
| + Trade Payables — Current | 8.8 | 16.1 | 36.1 | -10.9 | — | |
| + Other Financial Liabilities — Current | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | -2.7 | 0.0 | 1.3 | 0.0 | — | |
| + Other Current Liabilities | 0.0 | 0.4 | 20.3 | -3.1 | — | |
| + Other Non-current Liabilities | 0.0 | 0.9 | 0.0 | 0.0 | — | |
| + Provisions — Current | 9.5 | 7.4 | 1.3 | 5.6 | — | |
| + Provisions — Non-current | -1.0 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 87.4 | 95.6 | 146.9 | 211.5 | 199.4 | |
| + Total Adjustments (incl. Working Capital) | 70.4 | 101.0 | 85.8 | 61.6 | — | |
| Cash from Operations (pre-tax) | 157.8 | 196.6 | 232.7 | 273.1 | — | |
| + Income Taxes Paid | 28.5 | 29.0 | 41.4 | 59.8 | — | |
| Cash from Operating Activities | 129.3 | 167.6 | 191.3 | 213.2 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 43.7 | 61.6 | 44.9 | 20.9 | — | |
| + Disp of Fixed Assets | 2.1 | 0.7 | 0.0 | 5.4 | — | |
| + Disp of Intangible Assets | 193.2 | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 184.8 | 8.0 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 19.9 | 6.6 | 10.6 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 8.2 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 3.5 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 11.3 | 0.0 | — | |
| + Interest Received — Investing | 1.3 | 1.0 | 2.0 | 3.1 | — | |
| + Other Inflows / (Outflows) — Investing | -7.2 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -39.0 | -91.3 | -52.5 | -23.0 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | -1.2 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.0 | 28.6 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 7.0 | 21.6 | 0.0 | — | |
| + Payment of Lease Liabilities | 7.8 | 5.7 | 13.1 | 21.2 | — | |
| + Interest Paid | 0.0 | 6.6 | 0.4 | 0.0 | — | |
| + Dividends Paid | 79.4 | 95.3 | 95.3 | 148.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.9 | 0.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -86.2 | -84.8 | -130.4 | -169.6 | — | |
| Net Changes in Cash (pre-FX) | 4.1 | -8.5 | 8.4 | 20.6 | — | |
| Net Changes in Cash | 4.1 | -8.5 | 8.4 | 20.6 | — | |
| Closing Cash | 17.8 | 9.3 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 120.1 | 137.4 | 190.4 | 262.0 | 299.5 | |
| EBITDA Margin % | 22.79 | 24.03 | 27.69 | 31.61 | 32.19 | |
| Free Cash Flow (CFO − Capex) | 85.7 | 106.1 | 146.4 | 192.4 | 192.4 | |
| Free Cash Flow to Equity | — | 121.0 | 124.4 | — | — | |
| Free Cash Flow per Basic Share | 5.38 | 6.66 | 9.20 | 12.09 | 12.09 | |
| Price to Free Cash Flow | — | — | — | — | 42.66 | |
| Cash Flow to Net Income | 2.01 | 2.41 | 2.11 | 1.31 | — | |
| Cash Paid for Taxes | 28.5 | 29.0 | 41.4 | 59.8 | — | |
| Cash Paid for Interest | — | 6.6 | 0.4 | — | — | |