Dalmia Bharat Limited (NSE:DALBHARAT)

Dalmia Bharat Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	11,390	6,830	8,260	10,350	8,160
Depreciation & Amortization	13,490	13,310	14,980	13,050	12,360
Loss (Gain) From Sale of Assets	-20	-60	-130	-30	-690
Asset Writedown & Restructuring Costs	-	170	-20	10	220
Loss (Gain) From Sale of Investments	-1,160	-970	-820	1,120	-400
Loss (Gain) on Equity Investments	-	-	-	-5,540	-50
Stock-Based Compensation	-	-	30	140	210
Provision & Write-off of Bad Debts	10	20	20	20	50
Other Operating Activities	5,670	4,170	3,580	4,140	4,210
Change in Accounts Receivable	250	-660	-1,360	-300	-1,680
Change in Inventory	1,940	-1,840	980	-3,710	-2,100
Change in Accounts Payable	-5,360	2,840	3,050	4,030	290
Change in Other Net Operating Assets	-3,420	-2,640	-2,210	-790	-1,660
Operating Cash Flow	22,780	21,170	26,350	22,520	19,320
Operating Cash Flow Growth	7.61%	-19.66%	17.01%	16.56%	-46.39%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-20,560	-26,640	-28,270	-27,090	-17,690
Sale of Property, Plant & Equipment	150	380	1,040	80	130
Divestitures	-	-	-	-	350
Investment in Securities	-10,490	2,200	-1,610	2,980	5,790
Other Investing Activities	670	1,360	1,340	770	990
Investing Cash Flow	-30,230	-22,700	-27,500	-23,260	-10,430

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	4,420	620	-	1,900
Long-Term Debt Issued	18,470	4,650	13,880	15,340	5,700
Total Debt Issued	18,470	9,070	14,500	15,340	7,600
Short-Term Debt Repaid	-1,150	-	-4,130	-3,400	-3,050
Long-Term Debt Repaid	-2,610	-3,130	-1,970	-5,600	-10,700
Total Debt Repaid	-3,760	-3,130	-6,100	-9,000	-13,750
Net Debt Issued (Repaid)	14,710	5,940	8,400	6,340	-6,150
Issuance of Common Stock	-	-	-	-	50
Common Dividends Paid	-1,690	-1,690	-1,690	-1,690	-1,000
Other Financing Activities	-4,940	-4,640	-4,490	-2,970	-2,320
Financing Cash Flow	8,080	-390	2,220	1,680	-9,420

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Miscellaneous Cash Flow Adjustments	-	-	-	-	-20
Net Cash Flow	630	-1,920	1,070	940	-550

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	2,220	-5,470	-1,920	-4,570	1,630
Free Cash Flow Growth	-	-	-	-	-93.66%
Free Cash Flow Margin	1.50%	-3.91%	-1.31%	-3.37%	1.44%
Free Cash Flow Per Share	11.84	-29.16	-10.24	-24.37	8.70
Levered Free Cash Flow	8,406	-8,354	3,604	-14,053	-582.5
Unlevered Free Cash Flow	11,275	-5,960	5,923	-12,703	536.25

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	4,940	4,640	4,520	2,970	2,320
Cash Income Tax Paid	990	710	540	140	-240
Change in Working Capital	-6,590	-2,300	460	-770	-5,150

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

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