Force Motors Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	12,116	8,007	3,881	1,336	-910.8
Depreciation & Amortization	2,860	2,771	2,641	2,374	1,909
Other Amortization	-	31.5	26.8	33.8	-
Loss (Gain) From Sale of Assets	-10.3	54.8	12.7	11.3	-7.2
Asset Writedown & Restructuring Costs	-	-	-	999.9	-
Loss (Gain) on Equity Investments	-4.9	-8.7	135.5	184.3	166
Other Operating Activities	-1,968	2,340	1,207	2,291	26
Change in Accounts Receivable	-164.2	-704.2	928	-74.6	-634
Change in Inventory	-743.7	-331.7	-3,368	-1,971	-796.9
Change in Accounts Payable	2,557	-705.5	1,092	2,241	761.2
Change in Other Net Operating Assets	-1,671	-1,740	3,589	-2,109	-329.5
Operating Cash Flow	12,971	9,715	10,145	5,317	184.2
Operating Cash Flow Growth	33.52%	-4.24%	90.78%	2786.75%	150.95%
Capital Expenditures	-5,396	-3,669	-2,084	-2,595	-3,994
Sale of Property, Plant & Equipment	32.8	18.5	35.1	20.1	658.3
Investment in Securities	-4,000	-26.9	-	-	-223.4
Other Investing Activities	365	165.1	73.7	10.4	1.6
Investing Cash Flow	-8,998	-3,512	-1,975	-2,565	-3,557
Long-Term Debt Issued	-	-	-	-	4,292
Long-Term Debt Repaid	-174.3	-5,077	-4,309	-1,213	-
Net Debt Issued (Repaid)	-174.3	-5,077	-4,309	-1,213	4,292
Common Dividends Paid	-527	-263.5	-131.8	-131.8	-65.9
Other Financing Activities	-32.7	-278.3	-651.5	-724.1	-478
Financing Cash Flow	-734	-5,618	-5,092	-2,069	3,748
Net Cash Flow	3,239	584	3,078	684.2	374.5
Free Cash Flow	7,575	6,046	8,061	2,722	-3,810
Free Cash Flow Growth	25.29%	-25.00%	196.11%	-	-
Free Cash Flow Margin	8.26%	7.49%	11.53%	5.41%	-11.76%
Free Cash Flow Per Share	574.88	458.83	611.76	206.60	-289.13
Cash Interest Paid	-	278.3	651.5	724.1	478
Cash Income Tax Paid	-	2,200	1,519	34.3	-23.9
Levered Free Cash Flow	-295.55	1,651	6,071	-960.01	-3,109
Unlevered Free Cash Flow	-275.18	1,812	6,453	-533.08	-2,854
Change in Working Capital	-22	-3,481	2,241	-1,913	-999.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.