Kansai Nerolac Paints 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	11,430	11,854	4,736	3,589	5,297
Depreciation & Amortization	1,992	1,887	1,795	1,687	1,636
Other Amortization	25.1	18.1	5.7	11.2	17.3
Loss (Gain) From Sale of Assets	-0.7	-2.9	-3.2	-6	-24.6
Asset Writedown & Restructuring Costs	359.3	-	-	-	-
Loss (Gain) From Sale of Investments	-1,141	-656.3	-138.6	-136.8	-143.6
Stock-Based Compensation	-15.3	121.5	37.5	-	-
Provision & Write-off of Bad Debts	151.9	48.5	24.3	28.1	119.2
Other Operating Activities	-5,671	-5,067	-16.1	-666.3	345.7
Change in Accounts Receivable	-1,019	-510.5	-1,969	-1,063	-2,114
Change in Inventory	223.9	416.7	-995.8	-4,316	-1,896
Change in Accounts Payable	389	920.7	607.2	1,121	3,221
Operating Cash Flow	6,724	9,030	4,083	247.7	6,459
Operating Cash Flow Growth	-25.54%	121.19%	1548.16%	-96.17%	8.54%
Capital Expenditures	-3,263	-2,370	-1,232	-2,190	-1,038
Sale of Property, Plant & Equipment	6,100	4,996	16.5	10.7	29.2
Sale (Purchase) of Real Estate	-	1,099	1,621	-	-
Investment in Securities	-5,671	-8,253	-2,704	4,649	-3,582
Other Investing Activities	-952.5	-1,369	28.7	26.2	62.3
Investing Cash Flow	-3,786	-5,898	-2,269	2,495	-4,528
Short-Term Debt Issued	-	-	-	269.9	-
Long-Term Debt Issued	150	150	-	-	-
Total Debt Issued	150	150	-	269.9	-
Short-Term Debt Repaid	-120.3	-512.5	-155.9	-	-39
Long-Term Debt Repaid	-504.5	-509.9	-432.5	-341.6	-348.7
Total Debt Repaid	-624.8	-1,022	-588.4	-341.6	-387.7
Net Debt Issued (Repaid)	-474.8	-872.4	-588.4	-71.7	-387.7
Common Dividends Paid	-3,019	-1,450	-538.9	-2,829	-2,392
Other Financing Activities	-167.9	-165.8	-198.7	-192.5	37.8
Financing Cash Flow	-3,661	-2,488	-1,326	-3,093	-2,742
Net Cash Flow	-723.8	644.1	487.4	-350	-811.3
Free Cash Flow	3,461	6,660	2,851	-1,942	5,421
Free Cash Flow Growth	-48.04%	133.62%	-	-	53.59%
Free Cash Flow Margin	4.42%	8.54%	3.78%	-3.05%	10.68%
Free Cash Flow Per Share	4.28	8.23	3.52	-2.40	6.71
Cash Interest Paid	155	160.9	185.8	181	159.5
Cash Income Tax Paid	2,576	2,421	1,866	1,618	1,571
Levered Free Cash Flow	2,120	5,430	3,919	-2,524	4,031
Unlevered Free Cash Flow	2,315	5,613	4,100	-2,346	4,179
Change in Working Capital	-406.1	826.9	-2,358	-4,258	-788.4

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