Axis Solutions 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 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Net Income	334.83	317.36	-331.73	1.75	2.52
Depreciation & Amortization	10.32	8.75	7.6	1.21	1.47
Other Amortization	1.53	0.53	0.09	8.88	8.29
Loss (Gain) From Sale of Assets	-	-	0.36	-0.4	-
Loss (Gain) From Sale of Investments	-	-	-0	-	-
Provision & Write-off of Bad Debts	-	-	-	0.03	2.23
Other Operating Activities	19.72	28.25	35.77	3.43	2.44
Change in Accounts Receivable	-500.87	-268.89	421.57	96	-235.48
Change in Inventory	-120.09	-48.26	-159.99	0.14	28.82
Change in Accounts Payable	23.55	5.35	-378.08	-4.66	190.81
Change in Income Taxes	-6.97	-14.89	-	-	-
Change in Other Net Operating Assets	39.03	84.55	213.49	-120.04	-19.08
Operating Cash Flow	-198.96	112.76	-190.93	-13.67	-17.98
Capital Expenditures	-23.72	-17.77	-195.69	-0.31	-0.35
Sale of Property, Plant & Equipment	-	-	0.06	0.4	-
Investment in Securities	-	-	-	-13.53	8.26
Other Investing Activities	-13.76	195.73	0.34	9.16	9.6
Investing Cash Flow	-37.48	177.96	-195.29	-6.3	76.91
Short-Term Debt Issued	75.95	69.7	24.58	6.48	1.9
Long-Term Debt Issued	-	-	376.65	16.47	5.95
Total Debt Issued	75.95	69.7	401.23	22.95	7.85
Long-Term Debt Repaid	-40.79	-336.64	-	-	-
Total Debt Repaid	-40.79	-336.64	-	-	-
Net Debt Issued (Repaid)	35.17	-266.94	401.23	22.95	7.85
Issuance of Common Stock	247.5	-	-	-	-
Other Financing Activities	-23.94	-5.6	-36.51	-8.72	-76.99
Financing Cash Flow	258.73	-272.54	364.72	14.23	-69.14
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	22.3	18.18	-21.51	-5.74	-10.2
Free Cash Flow	-222.68	95	-386.62	-13.98	-18.32
Free Cash Flow Margin	-11.06%	6.97%	-57.77%	-3.45%	-4.11%
Free Cash Flow Per Share	-5.02	2.15	-32.07	-23.19	-30.39
Cash Interest Paid	32.09	26.65	36.51	10.95	10.07
Cash Income Tax Paid	-	-	-	1.27	2.33
Levered Free Cash Flow	-369.88	-132.44	-	84.04	11.03
Unlevered Free Cash Flow	-349.82	-115.78	-	90.88	17.32
Change in Working Capital	-565.35	-242.13	96.99	-28.57	-34.93

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