Bajaj Finance 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	190,174	166,378	144,512	115,077	70,282
Depreciation & Amortization	10,090	6,031	4,734	3,434	3,846
Other Amortization	-	2,779	2,099	1,420	-
Gain on Sale of Loans & Receivables	-4,655	-5,520	-133.3	-231.7	-
Loss (Gain) From Sale of Investments	98,103	74,270	43,224	28,553	44,757
Loss (Gain) on Equity Investments	-164.6	-178.1	-76.4	-16.7	-
Stock-Based Compensation	4,396	3,940	2,682	2,244	1,612
Change in Accounts Payable	2,265	-1,860	6,119	2,929	2,741
Change in Trading Asset Securities	-	-14,292	19,728	-	-
Change in Other Net Operating Assets	-994,863	-925,549	-921,164	-565,192	-504,499
Other Operating Activities	36,574	12,101	-283.9	-9,468	10,114
Operating Cash Flow	-657,898	-681,545	-698,433	-421,118	-370,899
Capital Expenditures	-5,600	-5,841	-6,036	-4,859	-3,756
Sale of Property, Plant & Equipment	652.5	363.9	388.9	198.1	191.4
Sale (Purchase) of Intangibles	-4,011	-4,978	-4,342	-3,924	-2,586
Investment in Securities	-24,939	-17,209	-90,891	-101,421	65,612
Other Investing Activities	11.4	12.8	-	6,067	4,006
Investing Cash Flow	-33,886	-27,650	-100,880	-103,939	63,468
Short-Term Debt Issued	118,848	87,876	220,235	79,237	46,718
Long-Term Debt Issued	1,133,367	849,671	726,663	668,604	417,910
Total Debt Issued	1,252,215	937,548	946,898	747,840	464,628
Long-Term Debt Repaid	-523,664	-392,411	-345,499	-366,171	-185,415
Net Debt Issued (Repaid)	728,551	545,136	601,399	381,670	279,213
Issuance of Common Stock	4,359	12,514	90,672	1,581	1,729
Common Dividends Paid	-34,766	-22,252	-18,146	-12,069	-6,026
Other Financing Activities	-23,815	169,876	150,226	135,568	47,837
Financing Cash Flow	674,329	705,274	824,151	506,750	322,752
Net Cash Flow	-17,456	-3,921	24,838	-18,307	15,321
Free Cash Flow	-663,498	-687,385	-704,469	-425,977	-374,655
Free Cash Flow Margin	-151.36%	-185.68%	-222.17%	-165.95%	-219.21%
Free Cash Flow Per Share	-106.45	-110.81	-115.04	-70.17	-61.73
Cash Interest Paid	259,468	224,214	170,440	131,074	90,027
Cash Income Tax Paid	64,609	59,479	50,980	39,722	25,861

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