| 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. | |||||
|---|---|---|---|---|---|---|
| — | 289 | 283 | 275 | 283 | ||
| — | 158 | 89.0 | 76.0 | 104 | ||
| — | −321 | −120 | −130 | −32.0 | ||
| — | −31.0 | −16.0 | −18.0 | −2.5 | ||
| — | 22.0 | 17.0 | 37.0 | 23.3 | ||
| — | 0.0 | −1.0 | 3.0 | 0.7 | ||
| — | 91.0 | 65.0 | 17.0 | −176 | ||
Changes in working capital | ||||||
| — | −359 | −242 | 163 | −262 | ||
| — | −323 | −330 | −1,004 | −276 | ||
| — | 36.0 | −42.0 | 154 | −108 | ||
| — | −140 | 45.0 | −35.0 | −106 | ||
| — | 223 | 250 | 132 | 203 | ||
| — | −1.0 | −145 | −43.0 | 18.2 | ||
| — | 8.0 | 260 | 78.0 | 111 | ||
| — | 10.0 | −14.0 | −49.0 | −140 | ||
Cash from operating activities | ||||||
| 2,182 | 2,226 | 2,142 | 1,858 | 1,280 | ||
| — | −338 | 99.0 | −344 | −361 | ||
| — | 1,888 | 2,241 | 1,514 | 919 | ||
| — | −95.0 | −131 | −59.0 | −36.9 | ||
| — | 334 | 163 | 337 | 268 | ||
| — | 1,459 | 1,947 | 1,118 | 615 | ||
Cash from investing activities | ||||||
| — | 181 | 162 | 98.0 | 137 | ||
| — | 253 | 1.0 | 19.0 | 26.5 | ||
| — | 2,992 | 2,594 | 1,459 | 9,530 | ||
| — | 2,491 | 1,629 | 1,731 | 8,752 | ||
| — | 3.0 | 13.0 | 0.0 | 0.0 | ||
| — | 37.0 | 0.0 | 15.0 | 31.5 | ||
| — | 0.0 | 0.0 | 0.0 | 850 | ||
| — | 0.0 | 18.0 | 0.0 | 8.0 | ||
| — | 3.0 | 7.0 | 6.0 | 3.2 | ||
| — | 67.0 | 36.0 | 42.0 | 20.4 | ||
| — | −29.0 | 0.0 | 0.0 | 0.0 | ||
| — | −428 | −1,114 | 226 | −53.2 | ||
Cash from financing activities | ||||||
| — | 6.0 | 28.0 | 25.0 | 0.0 | ||
| — | 12.0 | 53.0 | 1.0 | 341 | ||
| — | 144 | 137 | 126 | 124 | ||
| — | 37.0 | 40.0 | 21.0 | 36.3 | ||
| — | 1,263 | 355 | 284 | 0.0 | ||
| — | −1,450 | −557 | −407 | −501 | ||
| — | −419 | 276 | 937 | 60.6 | ||
| — | −419 | 276 | 937 | 60.6 | ||
| — | — | — | 1,052 | 115 | ||
Reference items | ||||||
| 2,264 | 2,286 | 2,243 | 2,001 | 1,417 | ||
| 8.1% | 8.2% | 8.2% | 7.7% | 5.1% | ||
| 1,278 | 1,278 | 1,785 | 1,020 | 478 | ||
| — | 1,247 | 1,720 | 1,023 | — | ||
| ₹17.63 | ₹17.63 | ₹24.62 | ₹14.07 | ₹6.59 | ||
| 73.15× | — | — | — | — | ||
| — | 0.79× | 1.23× | 0.79× | 0.55× | ||
| — | 334 | 163 | 337 | 268 | ||
| — | 37.0 | 40.0 | 21.0 | 36.3 | ||
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 | 282.5 | 275.0 | 283.0 | 289.0 | — | |
| + Finance Costs | 103.9 | 76.0 | 89.0 | 158.0 | — | |
| + Interest Income | -32.0 | -130.0 | -120.0 | -321.0 | — | |
| + Fair Value (Gains) / Losses | -2.5 | -18.0 | -16.0 | -31.0 | — | |
| + Share-based Payments | 23.3 | 37.0 | 17.0 | 22.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.7 | 3.0 | -1.0 | 0.0 | — | |
| + Other Non-cash Items | -176.4 | 17.0 | 65.0 | 91.0 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -261.9 | 163.0 | -242.0 | -359.0 | — | |
| + Trade Receivables — Current | -276.2 | -1,004.0 | -330.0 | -323.0 | — | |
| + Other Financial Assets — Current | -108.0 | 154.0 | -42.0 | 36.0 | — | |
| + Other Current Assets | -106.0 | -35.0 | 45.0 | -140.0 | — | |
| + Trade Payables — Current | 202.7 | 132.0 | 250.0 | 223.0 | — | |
| + Other Financial Liabilities — Current | 18.2 | -43.0 | -145.0 | -1.0 | — | |
| + Other Current Liabilities | 111.1 | 78.0 | 260.0 | 8.0 | — | |
| + Provisions — Current | -140.3 | -49.0 | -14.0 | 10.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 1,280.0 | 1,858.0 | 2,142.0 | 2,226.0 | 2,182.0 | |
| + Total Adjustments (incl. Working Capital) | -360.9 | -344.0 | 99.0 | -338.0 | — | |
| Cash from Operations (pre-tax) | 919.1 | 1,514.0 | 2,241.0 | 1,888.0 | — | |
| + Other Inflows / (Outflows) — Operating | -36.9 | -59.0 | -131.0 | -95.0 | — | |
| + Income Taxes Paid | 267.5 | 337.0 | 163.0 | 334.0 | — | |
| Cash from Operating Activities | 614.7 | 1,118.0 | 1,947.0 | 1,459.0 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 136.6 | 98.0 | 162.0 | 181.0 | — | |
| + Disp of Fixed Assets | 26.5 | 19.0 | 1.0 | 253.0 | — | |
| + Purchase of Investments (Equity / Debt) | 9,529.5 | 1,459.0 | 2,594.0 | 2,992.0 | — | |
| + Sale of Investments (Equity / Debt) | 8,752.3 | 1,731.0 | 1,629.0 | 2,491.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 13.0 | 3.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 31.5 | 15.0 | 0.0 | 37.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 850.0 | 0.0 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 8.0 | 0.0 | 18.0 | 0.0 | — | |
| + Loans & Advances Repaid | 3.2 | 6.0 | 7.0 | 3.0 | — | |
| + Interest Received — Investing | 20.4 | 42.0 | 36.0 | 67.0 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 0.0 | -29.0 | — | |
| Cash from Investing Activities | -53.2 | 226.0 | -1,114.0 | -428.0 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Borrowings | 0.0 | 25.0 | 28.0 | 6.0 | — | |
| + Repayment of Borrowings | 340.6 | 1.0 | 53.0 | 12.0 | — | |
| + Payment of Lease Liabilities | 124.0 | 126.0 | 137.0 | 144.0 | — | |
| + Interest Paid | 36.3 | 21.0 | 40.0 | 37.0 | — | |
| + Dividends Paid | 0.0 | 284.0 | 355.0 | 1,263.0 | — | |
| Cash from Financing Activities | -500.9 | -407.0 | -557.0 | -1,450.0 | — | |
| Net Changes in Cash (pre-FX) | 60.6 | 937.0 | 276.0 | -419.0 | — | |
| Net Changes in Cash | 60.6 | 937.0 | 276.0 | -419.0 | — | |
| Closing Cash | 115.1 | 1,052.0 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 1,416.9 | 2,001.0 | 2,243.0 | 2,286.0 | 2,264.0 | |
| EBITDA Margin % | 5.09 | 7.69 | 8.22 | 8.22 | 8.11 | |
| Free Cash Flow (CFO − Capex) | 478.1 | 1,020.0 | 1,785.0 | 1,278.0 | 1,278.0 | |
| Free Cash Flow to Equity | — | 1,022.9 | 1,720.0 | 1,247.0 | — | |
| Free Cash Flow per Basic Share | 6.59 | 14.07 | 24.62 | 17.63 | 17.63 | |
| Price to Free Cash Flow | — | — | — | — | 73.15 | |
| Cash Flow to Net Income | 0.55 | 0.79 | 1.23 | 0.79 | — | |
| Cash Paid for Taxes | 267.5 | 337.0 | 163.0 | 334.0 | — | |
| Cash Paid for Interest | 36.3 | 21.0 | 40.0 | 37.0 | — | |