Force Motors Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	8,007	3,881	1,336	-910.8	-1,236
Depreciation & Amortization	2,771	2,641	2,374	1,909	1,737
Other Amortization	31.5	26.8	33.8	-	-
Loss (Gain) From Sale of Assets	54.8	12.7	11.3	-7.2	222.5
Asset Writedown & Restructuring Costs	-	-	999.9	-	-
Loss (Gain) on Equity Investments	-8.7	135.5	184.3	166	119.5
Other Operating Activities	2,340	1,207	2,291	26	-314
Change in Accounts Receivable	-704.2	928	-74.6	-634	433.7
Change in Inventory	-331.7	-3,368	-1,971	-796.9	-86.9
Change in Accounts Payable	-705.5	1,092	2,241	761.2	104.8
Change in Other Net Operating Assets	-1,740	3,589	-2,109	-329.5	-906.6
Operating Cash Flow	9,715	10,145	5,317	184.2	73.4
Operating Cash Flow Growth	-4.24%	90.78%	2786.75%	150.95%	-98.21%
Capital Expenditures	-3,669	-2,084	-2,595	-3,994	-4,532
Sale of Property, Plant & Equipment	18.5	35.1	20.1	658.3	8
Investment in Securities	-26.9	-	-	-223.4	1,095
Other Investing Activities	165.1	73.7	10.4	1.6	103.1
Investing Cash Flow	-3,512	-1,975	-2,565	-3,557	-3,326
Long-Term Debt Issued	-	-	-	4,292	3,347
Long-Term Debt Repaid	-5,077	-4,309	-1,213	-	-
Total Debt Repaid	-5,077	-4,309	-1,213	-	-
Net Debt Issued (Repaid)	-5,077	-4,309	-1,213	4,292	3,347
Common Dividends Paid	-263.5	-131.8	-131.8	-65.9	-131.8
Other Financing Activities	-278.3	-651.5	-724.1	-478	-281.1
Financing Cash Flow	-5,618	-5,092	-2,069	3,748	2,935
Net Cash Flow	584	3,078	684.2	374.5	-318.4
Free Cash Flow	6,046	8,061	2,722	-3,810	-4,459
Free Cash Flow Growth	-25.00%	196.11%	-	-	-
Free Cash Flow Margin	7.49%	11.53%	5.41%	-11.76%	-22.29%
Free Cash Flow Per Share	458.83	611.76	206.60	-289.13	-338.41
Cash Interest Paid	278.3	651.5	724.1	478	281.1
Cash Income Tax Paid	2,200	1,519	34.3	-23.9	27.5
Levered Free Cash Flow	1,651	6,071	-960.01	-3,109	-3,225
Unlevered Free Cash Flow	1,812	6,453	-533.08	-2,854	-3,053
Change in Working Capital	-3,481	2,241	-1,913	-999.2	-455

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.