Zodiac Ventures 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	10.13	5.16	20.61	4.04	0.65
Depreciation & Amortization	0.58	0.3	2.3	2.45	3.24
Loss (Gain) on Equity Investments	-0.52	-1.28	-	-	-
Other Operating Activities	23.05	5.12	81.72	60.37	48.05
Change in Accounts Receivable	-3.89	6.13	-194.88	38.49	-73.58
Change in Inventory	-155.02	-59.82	819.95	-72.33	-5.33
Change in Accounts Payable	64.54	1.37	-3.46	36.34	51.19
Change in Other Net Operating Assets	94.57	-	0.01	-	-
Operating Cash Flow	33.44	-43.03	726.25	69.36	24.22
Operating Cash Flow Growth	-	-	947.06%	186.40%	-60.01%
Capital Expenditures	-0.77	-0.98	-0.46	-0.23	-0.1
Divestitures	-	-	-	15.5	-
Investment in Securities	-81.06	-	-121.73	-	-
Other Investing Activities	0.39	2.41	3.16	0.18	0.01
Investing Cash Flow	-81.45	1.43	-149.44	15.45	-0.1
Short-Term Debt Issued	55.1	68.45	172.54	-	29.72
Long-Term Debt Issued	-	-	-	3.89	5.12
Total Debt Issued	55.1	68.45	172.54	3.89	34.84
Short-Term Debt Repaid	-	-	-	-38.55	-
Long-Term Debt Repaid	-	-	-688.83	-5.63	-3.33
Total Debt Repaid	-	-	-688.83	-44.17	-3.33
Net Debt Issued (Repaid)	55.1	68.45	-516.29	-40.28	31.51
Issuance of Common Stock	-	-	0.04	-	-
Common Dividends Paid	-9.4	-	-	-	-
Other Financing Activities	-23.42	-0.74	-61.56	-39.88	-48.77
Financing Cash Flow	22.28	67.72	-577.82	-80.16	-17.26
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	-25.73	26.11	-1.01	4.65	6.86
Free Cash Flow	32.67	-44.01	725.79	69.13	24.11
Free Cash Flow Growth	-	-	949.85%	186.69%	-60.04%
Free Cash Flow Margin	203.84%	-744.22%	73.39%	869.59%	19.43%
Free Cash Flow Per Share	0.87	-1.17	19.46	1.85	0.65
Cash Interest Paid	23.42	5.47	61.48	53.79	57.8
Cash Income Tax Paid	-0.02	-1.15	3.61	0.36	1.97
Levered Free Cash Flow	13.04	306.89	-99.48	12.74	42.56
Unlevered Free Cash Flow	27.68	310.77	-60.92	46.44	78.73
Change in Working Capital	0.2	-52.33	621.62	2.5	-27.72

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