Trade Wings 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	23.94	38.03	31.12	33.33	-31.51
Depreciation & Amortization	22.76	21.68	15.04	13.87	13.86
Loss (Gain) From Sale of Assets	-	-	0.95	0.04	-
Loss (Gain) on Equity Investments	-2.01	0.39	-	-0.03	-1.2
Other Operating Activities	29.42	30.29	36.33	24.21	33.23
Change in Accounts Receivable	2.94	-29.39	21.83	-9.14	-53.52
Change in Inventory	-1.94	0.07	-2.17	1.4	2.38
Change in Accounts Payable	-14.06	-13.52	1.6	2.11	38.55
Change in Other Net Operating Assets	-22.11	26.71	-56.93	-12.6	30.61
Operating Cash Flow	38.94	74.27	47.76	53.18	32.4
Operating Cash Flow Growth	-47.58%	55.52%	-10.20%	64.13%	-29.14%
Capital Expenditures	-17.28	-11.59	-32.17	-4.47	-1.41
Sale of Property, Plant & Equipment	13.49	0.09	0.19	0.3	-
Other Investing Activities	-0.91	-2.18	1.52	1.44	2.12
Investing Cash Flow	-4.7	-13.68	-30.46	-2.73	0.71
Other Financing Activities	-38.51	-29.5	-34.2	-38.07	-35.54
Financing Cash Flow	-38.51	-29.5	-34.2	-38.07	-35.54
Miscellaneous Cash Flow Adjustments	0	-	-0	-0	-
Net Cash Flow	-4.27	31.09	-16.9	12.39	-2.43
Free Cash Flow	21.66	62.69	15.59	48.71	30.99
Free Cash Flow Growth	-65.45%	302.20%	-68.00%	57.20%	-21.72%
Free Cash Flow Margin	0.83%	2.50%	0.64%	2.27%	3.56%
Free Cash Flow Per Share	7.22	20.90	5.20	16.24	10.33
Cash Interest Paid	38.67	29.67	34.2	38.07	35.54
Cash Income Tax Paid	-	-0.8	0.92	-1.76	5.3
Levered Free Cash Flow	30.22	22.98	11.68	29.86	72.67
Unlevered Free Cash Flow	54.4	41.52	33.13	53.65	94.89
Change in Working Capital	-35.17	-16.12	-35.68	-18.23	18.01