| 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. | |||||
|---|---|---|---|---|---|---|
| — | 103 | 102 | 93.4 | 77.8 | ||
| — | 46.1 | 30.9 | 4.1 | 0.0 | ||
| — | 14.9 | 14.9 | 11.7 | 8.2 | ||
| — | −10.1 | −12.2 | −8.8 | 0.0 | ||
| — | 0.0 | −2.8 | −7.2 | 0.0 | ||
| — | 20.0 | 17.0 | 16.8 | 13.9 | ||
| — | −9.8 | −2.0 | −1.1 | −1.7 | ||
| — | 29.5 | 0.6 | 0.0 | 25.3 | ||
| — | 2.5 | −1.5 | 0.0 | 0.0 | ||
Changes in working capital | ||||||
| — | −39.4 | −87.8 | 56.8 | 3.4 | ||
| — | −24.8 | −30.6 | −58.6 | −20.0 | ||
| — | 0.0 | 0.0 | 32.9 | 0.0 | ||
| — | 14.5 | −43.2 | 20.4 | −57.7 | ||
| — | −29.9 | 34.0 | −20.4 | −24.3 | ||
| — | 0.0 | −1.2 | 1.1 | 0.0 | ||
| — | −0.0 | 0.0 | 0.0 | 0.0 | ||
Cash from operating activities | ||||||
| 291 | 282 | 200 | 182 | 141 | ||
| — | 116 | 18.2 | 141 | 24.8 | ||
| — | 398 | 218 | 323 | 166 | ||
| — | 0.0 | 0.0 | 0.0 | −6.7 | ||
| — | 88.1 | 53.6 | 46.3 | 32.3 | ||
| — | 310 | 165 | 277 | 127 | ||
Cash from investing activities | ||||||
| — | 33.2 | 34.7 | 43.6 | 35.5 | ||
| — | 13.1 | 0.2 | 0.1 | 0.1 | ||
| — | 0.0 | 4.3 | 0.0 | 0.0 | ||
| — | 0.0 | 328 | 105 | 0.0 | ||
| — | 0.0 | 350 | 13.0 | 0.0 | ||
| — | 0.0 | 8.4 | 77.1 | 0.0 | ||
| — | 0.0 | 8.6 | 0.0 | 0.0 | ||
| — | 0.0 | 7.5 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 19.6 | 0.0 | ||
| — | 10.3 | 8.7 | 9.5 | 6.3 | ||
| — | 87.8 | 0.0 | 0.0 | 69.4 | ||
| — | 78.1 | −7.1 | −184 | 40.2 | ||
Cash from financing activities | ||||||
| — | 6.4 | 3.8 | 7.1 | 15.0 | ||
| — | 0.0 | 11.0 | 0.0 | 16.5 | ||
| — | 1.7 | 0.0 | 8.5 | 0.0 | ||
| — | 29.5 | 27.2 | 30.1 | 26.3 | ||
| — | 18.9 | 13.4 | 9.9 | 5.6 | ||
| — | 105 | 104 | 102 | 102 | ||
| — | −149 | −130 | −143 | −103 | ||
| — | 239 | 27.8 | −50.1 | 64.7 | ||
| — | 3.1 | 1.9 | 1.0 | 2.8 | ||
| — | 242 | 29.7 | −49.1 | 67.5 | ||
| — | — | — | 61.5 | 111 | ||
Reference items | ||||||
| 384 | 358 | 289 | 268 | 200 | ||
| 10.0% | 9.7% | 8.6% | 8.8% | 7.4% | ||
| 277 | 277 | 130 | 233 | 91.6 | ||
| — | 256 | 125 | 215 | — | ||
| ₹16.59 | ₹16.59 | ₹7.79 | ₹13.96 | ₹5.49 | ||
| 11.21× | — | — | — | — | ||
| — | 1.17× | 1.08× | 2.18× | 1.21× | ||
| — | 88.1 | 53.6 | 46.3 | 32.3 | ||
| — | 18.9 | 13.4 | 9.9 | 5.6 | ||
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 | 77.8 | 93.4 | 102.2 | 102.9 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 4.1 | 30.9 | 46.1 | — | |
| + Finance Costs | 8.2 | 11.7 | 14.9 | 14.9 | — | |
| + Interest Income | 0.0 | -8.8 | -12.2 | -10.1 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -7.2 | -2.8 | 0.0 | — | |
| + Share-based Payments | 13.9 | 16.8 | 17.0 | 20.0 | — | |
| + Unrealised FX (Gain) / Loss | -1.7 | -1.1 | -2.0 | -9.8 | — | |
| + Other Non-cash Items | 25.3 | 0.0 | 0.6 | 29.5 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -1.5 | 2.5 | — | |
| Changes in Working Capital | ||||||
| + Inventories | 3.4 | 56.8 | -87.8 | -39.4 | — | |
| + Trade Receivables — Current | -20.0 | -58.6 | -30.6 | -24.8 | — | |
| + Other Financial Assets — Non-current | 0.0 | 32.9 | 0.0 | 0.0 | — | |
| + Other Current Assets | -57.7 | 20.4 | -43.2 | 14.5 | — | |
| + Trade Payables — Current | -24.3 | -20.4 | 34.0 | -29.9 | — | |
| + Other Current Liabilities | 0.0 | 1.1 | -1.2 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | 0.0 | -0.0 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 141.3 | 182.0 | 200.2 | 281.9 | 291.1 | |
| + Total Adjustments (incl. Working Capital) | 24.8 | 141.2 | 18.2 | 116.4 | — | |
| Cash from Operations (pre-tax) | 166.1 | 323.2 | 218.4 | 398.3 | — | |
| + Interest Received — Operating | -6.7 | 0.0 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 32.3 | 46.3 | 53.6 | 88.1 | — | |
| Cash from Operating Activities | 127.2 | 276.8 | 164.8 | 310.2 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 35.5 | 43.6 | 34.7 | 33.2 | — | |
| + Disp of Fixed Assets | 0.1 | 0.1 | 0.2 | 13.1 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 4.3 | 0.0 | — | |
| + Acq of Investment Property | 0.0 | 105.3 | 328.3 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 13.0 | 350.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 77.1 | 8.4 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 8.6 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 7.5 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 19.6 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 6.3 | 9.5 | 8.7 | 10.3 | — | |
| + Other Inflows / (Outflows) — Investing | 69.4 | 0.0 | 0.0 | 87.8 | — | |
| Cash from Investing Activities | 40.2 | -183.9 | -7.1 | 78.1 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Exercise of Stock Options | 15.0 | 7.1 | 3.8 | 6.4 | — | |
| + Proceeds from Borrowings | 16.5 | 0.0 | 11.0 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 8.5 | 0.0 | 1.7 | — | |
| + Payment of Lease Liabilities | 26.3 | 30.1 | 27.2 | 29.5 | — | |
| + Interest Paid | 5.6 | 9.9 | 13.4 | 18.9 | — | |
| + Dividends Paid | 102.3 | 101.6 | 104.1 | 105.4 | — | |
| Cash from Financing Activities | -102.7 | -143.1 | -129.9 | -149.1 | — | |
| Net Changes in Cash (pre-FX) | 64.7 | -50.1 | 27.8 | 239.3 | — | |
| + Effect of FX Rate Changes on Cash | 2.8 | 1.0 | 1.9 | 3.1 | — | |
| Net Changes in Cash | 67.5 | -49.1 | 29.7 | 242.4 | — | |
| Closing Cash | 110.6 | 61.5 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 199.6 | 268.5 | 289.2 | 358.2 | 383.9 | |
| EBITDA Margin % | 7.42 | 8.83 | 8.56 | 9.70 | 9.96 | |
| Free Cash Flow (CFO − Capex) | 91.6 | 233.2 | 130.1 | 277.0 | 277.0 | |
| Free Cash Flow to Equity | — | 214.7 | 124.7 | 256.4 | — | |
| Free Cash Flow per Basic Share | 5.49 | 13.96 | 7.79 | 16.59 | 16.59 | |
| Price to Free Cash Flow | — | — | — | — | 11.21 | |
| Cash Flow to Net Income | 1.21 | 2.18 | 1.08 | 1.17 | — | |
| Cash Paid for Taxes | 32.3 | 46.3 | 53.6 | 88.1 | — | |
| Cash Paid for Interest | 5.6 | 9.9 | 13.4 | 18.9 | — | |