Price
Market Cap
Sector
Utilities
Rank
| Line item | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 17 | 17 | 17 |
| Reserves | 4 | 6 | 54 | 56 | 57 |
| Borrowings | 16 | 43 | 62 | 71 | 90 |
| Other Liabilities | 13 | 18 | 49 | 58 | 51 |
| Total Liabilities | 49 | 83 | 182 | 202 | 216 |
| AssetsFixed Assets | 3 | 3 | 10 | 13 | 17 |
| CWIP | 0 | 8 | 1 | 3 | 5 |
| Investments | 0 | 1 | 14 | 13 | 12 |
| Other Assets | 46 | 71 | 157 | 173 | 182 |
| Total Assets | 49 | 83 | 182 | 202 | 216 |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | -15 | -9 | -43 | 19 |
| Cash from Investing | 7 | -18 | -14 | -29 |
| Cash from Financing | 10 | 24 | 61 | 20 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | -15 | -18 | -43 | 6 |
| FCF Margin | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
RACE · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.