Trade Wings Limited (BOM:509953)

Trade Wings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	44.21	38.03	31.12	33.33	-31.51	-72.32
Depreciation & Amortization	25.95	21.68	15.04	13.87	13.86	14.35
Loss (Gain) From Sale of Assets	-	-	0.95	0.04	-	-
Loss (Gain) on Equity Investments	0.39	0.39	-	-0.03	-1.2	-0.13
Other Operating Activities	-18.32	30.29	36.33	24.21	33.23	56.71
Change in Accounts Receivable	-0.19	-29.39	21.83	-9.14	-53.52	63.99
Change in Inventory	-0.01	0.07	-2.17	1.4	2.38	6.95
Change in Accounts Payable	-8.71	-13.52	1.6	2.11	38.55	6.23
Change in Other Net Operating Assets	-48.73	26.71	-56.93	-12.6	30.61	-30.07
Operating Cash Flow	-5.4	74.27	47.76	53.18	32.4	45.72
Operating Cash Flow Growth	-	55.52%	-10.20%	64.13%	-29.14%	-16.43%
Capital Expenditures	-5.9	-11.59	-32.17	-4.47	-1.41	-6.14
Sale of Property, Plant & Equipment	0.09	0.09	0.19	0.3	-	6.18
Other Investing Activities	40.49	-2.18	1.52	1.44	2.12	3.96
Investing Cash Flow	34.68	-13.68	-30.46	-2.73	0.71	4
Other Financing Activities	-31.78	-29.5	-34.2	-38.07	-35.54	-38.82
Financing Cash Flow	-31.78	-29.5	-34.2	-38.07	-35.54	-38.82
Miscellaneous Cash Flow Adjustments	-	-	-0	-0	-	-
Net Cash Flow	-2.51	31.09	-16.9	12.39	-2.43	10.91
Free Cash Flow	-11.31	62.69	15.59	48.71	30.99	39.59
Free Cash Flow Growth	-	302.20%	-68.00%	57.20%	-21.72%	121.43%
Free Cash Flow Margin	-0.44%	2.50%	0.64%	2.27%	3.56%	10.56%
Free Cash Flow Per Share	-3.77	20.90	5.20	16.24	10.33	13.20
Cash Interest Paid	31.95	29.67	34.2	38.07	35.54	38.82
Cash Income Tax Paid	-	-0.8	0.92	-1.76	5.3	-13.46
Levered Free Cash Flow	105.5	22.98	11.68	29.86	72.67	85.1
Unlevered Free Cash Flow	125.5	41.52	33.13	53.65	94.89	109.37
Change in Working Capital	-57.64	-16.12	-35.68	-18.23	18.01	47.11

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