| Tap a line for its trend | Last 12Mto Jun 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. | |||||
|---|---|---|---|---|---|---|
| — | 332 | 323 | 337 | 337 | ||
| — | 133 | 170 | 194 | 244 | ||
| — | −10.8 | −5.5 | −8.0 | 0.0 | ||
| — | −0.0 | 0.0 | 0.0 | 0.0 | ||
| — | 8.9 | −12.0 | −14.6 | 108 | ||
| — | 0.0 | −1.2 | 18.4 | 15.9 | ||
| — | −1.2 | −6.3 | −8.3 | 534 | ||
| — | −62.3 | 147 | −12.0 | −856 | ||
Changes in working capital | ||||||
| — | −179 | −55.2 | −2.4 | −67.7 | ||
| — | −33.0 | −188 | 84.1 | −25.4 | ||
| — | −67.4 | −39.9 | −136 | 74.8 | ||
| — | 106 | 152 | 27.2 | −368 | ||
| — | −1.3 | 77.6 | −55.0 | 680 | ||
Cash from operating activities | ||||||
| 307 | 338 | 166 | 270 | 77.5 | ||
| — | 225 | 562 | 424 | 675 | ||
| — | 563 | 728 | 694 | 753 | ||
| — | 25.7 | −9.1 | 55.7 | 92.1 | ||
| — | 537 | 737 | 638 | 661 | ||
Cash from investing activities | ||||||
| — | 397 | 279 | 257 | 531 | ||
| — | 0.0 | 0.0 | 16.8 | 67.6 | ||
| — | 18.6 | 16.8 | 55.8 | 27.7 | ||
| — | 71.2 | 10.1 | 0.0 | 0.0 | ||
| — | 0.0 | 9.7 | 0.0 | 0.0 | ||
| — | −21.1 | 62.5 | 0.0 | 0.0 | ||
| — | 341 | 0.0 | 0.0 | 0.0 | ||
| — | 0.0 | 0.0 | 116 | 336 | ||
| — | 0.0 | 0.0 | 0.0 | 25.6 | ||
| — | 1.1 | 0.0 | 1.3 | 0.0 | ||
| — | 10.6 | 5.0 | 8.0 | 1.7 | ||
| — | −4.1 | −32.1 | −73.3 | −52.7 | ||
| — | −123 | −246 | −166 | −260 | ||
Cash from financing activities | ||||||
| — | 234 | 4.6 | 450 | 779 | ||
| — | 461 | 459 | 877 | 747 | ||
| — | 45.4 | 58.5 | 37.1 | 0.0 | ||
| — | — | — | 0.0 | 54.9 | ||
| — | 118 | 158 | 195 | 237 | ||
| — | 15.3 | 0.0 | 4.7 | 0.0 | ||
| — | 0.0 | 181 | 0.0 | 43.2 | ||
| — | −405 | −490 | −664 | −216 | ||
| — | 8.3 | −0.1 | −192 | 185 | ||
| — | 5.2 | 1.1 | 0.3 | −9.9 | ||
| — | 13.5 | 1.0 | −192 | 175 | ||
| — | — | — | 110 | 302 | ||
Reference items | ||||||
| 857 | 830 | 789 | 774 | 547 | ||
| 9.0% | 9.3% | 9.7% | 10.2% | 8.0% | ||
| 139 | 139 | 458 | 364 | 62.4 | ||
| — | −189 | 39.1 | −256 | — | ||
| ₹9.12 | ₹9.12 | ₹29.97 | ₹23.84 | ₹4.09 | ||
| 88.56× | — | — | — | — | ||
| — | 2.34× | 10.57× | 1.20× | −0.81× | ||
| — | 25.7 | −9.1 | 55.7 | 92.1 | ||
| — | 118 | 158 | 195 | 237 | ||
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 30/06/2026 | |
|---|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | ||||||
| + Depreciation & Amortisation | 336.7 | 336.8 | 323.3 | 331.7 | — | |
| + Finance Costs | 243.8 | 193.9 | 170.2 | 133.3 | — | |
| + Interest Income | 0.0 | -8.0 | -5.5 | -10.8 | — | |
| + Dividend Income | 0.0 | 0.0 | 0.0 | -0.0 | — | |
| + Unrealised FX (Gain) / Loss | 107.6 | -14.6 | -12.0 | 8.9 | — | |
| + Other Non-cash Items | 15.9 | 18.4 | -1.2 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 533.5 | -8.3 | -6.3 | -1.2 | — | |
| + Other Reconciling Items | -855.7 | -12.0 | 147.3 | -62.3 | — | |
| Changes in Working Capital | ||||||
| + Inventories | -67.7 | -2.4 | -55.2 | -179.1 | — | |
| + Trade Receivables — Current | -25.4 | 84.1 | -188.3 | -33.0 | — | |
| + Other Current Assets | 74.8 | -136.3 | -39.9 | -67.4 | — | |
| + Trade Payables — Current | -368.0 | 27.2 | 152.0 | 106.0 | — | |
| + Other Current Liabilities | 679.7 | -55.0 | 77.6 | -1.3 | — | |
| Cash from Operating Activities | ||||||
| Profit Before Tax (per I/S) | 77.5 | 270.5 | 165.6 | 337.7 | 307.4 | |
| + Total Adjustments (incl. Working Capital) | 675.1 | 423.7 | 562.0 | 224.8 | — | |
| Cash from Operations (pre-tax) | 752.7 | 694.2 | 727.6 | 562.5 | — | |
| + Income Taxes Paid | 92.1 | 55.7 | -9.1 | 25.7 | — | |
| Cash from Operating Activities | 660.6 | 638.5 | 736.7 | 536.8 | — | |
| Cash from Investing Activities | ||||||
| + Acq of Fixed Assets (Capex) | 530.6 | 257.4 | 278.8 | 397.5 | — | |
| + Acq of Intangible Assets | 67.6 | 16.8 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 27.7 | 55.8 | 16.8 | 18.6 | — | |
| + Acq of Intangibles under Development | 0.0 | 0.0 | 10.1 | 71.2 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 9.7 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 62.5 | -21.1 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 0.0 | 0.0 | 340.7 | — | |
| + Disp of Subsidiaries / Businesses (net) | 335.9 | 115.8 | 0.0 | 0.0 | — | |
| + Government Grants Received | 25.6 | 0.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 1.3 | 0.0 | 1.1 | — | |
| + Interest Received — Investing | 1.7 | 8.0 | 5.0 | 10.6 | — | |
| + Other Inflows / (Outflows) — Investing | -52.7 | -73.3 | -32.1 | -4.1 | — | |
| Cash from Investing Activities | -260.1 | -166.5 | -246.3 | -123.0 | — | |
| Cash from Financing Activities | ||||||
| + Proceeds from Borrowings | 779.4 | 450.0 | 4.6 | 234.1 | — | |
| + Repayment of Borrowings | 746.9 | 877.5 | 458.9 | 461.4 | — | |
| + Payment of Lease Liabilities | 0.0 | 37.1 | 58.5 | 45.4 | — | |
| + Payment of Finance Lease Liabilities | 54.9 | 0.0 | — | — | — | |
| + Interest Paid | 236.8 | 194.8 | 158.2 | 117.5 | — | |
| + Dividends Paid | 0.0 | 4.7 | 0.0 | 15.3 | — | |
| + Other Inflows / (Outflows) — Financing | 43.2 | 0.0 | 180.6 | 0.0 | — | |
| Cash from Financing Activities | -216.0 | -664.1 | -490.4 | -405.5 | — | |
| Net Changes in Cash (pre-FX) | 184.5 | -192.1 | -0.1 | 8.3 | — | |
| + Effect of FX Rate Changes on Cash | -9.9 | 0.3 | 1.1 | 5.2 | — | |
| Net Changes in Cash | 174.6 | -191.9 | 1.0 | 13.5 | — | |
| Closing Cash | 302.3 | 110.4 | — | — | — | |
| Reference Items | ||||||
| EBITDA | 546.7 | 773.6 | 788.8 | 829.8 | 857.1 | |
| EBITDA Margin % | 7.97 | 10.24 | 9.67 | 9.33 | 9.03 | |
| Free Cash Flow (CFO − Capex) | 62.4 | 364.2 | 457.9 | 139.3 | 139.3 | |
| Free Cash Flow to Equity | — | -256.2 | 39.1 | -189.3 | — | |
| Free Cash Flow per Basic Share | 4.09 | 23.84 | 29.97 | 9.12 | 9.12 | |
| Price to Free Cash Flow | — | — | — | — | 88.56 | |
| Cash Flow to Net Income | -0.81 | 1.20 | 10.57 | 2.34 | — | |
| Cash Paid for Taxes | 92.1 | 55.7 | -9.1 | 25.7 | — | |
| Cash Paid for Interest | 236.8 | 194.8 | 158.2 | 117.5 | — | |