Gandhi Special Tubes 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	683.64	586.74	555.79	473.37	385.66
Depreciation & Amortization	34.27	33.49	30.73	31.26	32.21
Other Amortization	-	0.03	0	0.07	0.26
Loss (Gain) From Sale of Assets	-0.5	-0.89	-10.48	-	-
Asset Writedown & Restructuring Costs	-	2.25	4.07	0.3	0.01
Loss (Gain) From Sale of Investments	-91.5	-95.92	-86.15	-37.89	-34.23
Other Operating Activities	-25.3	-21.62	-8.97	-17.95	-15.23
Change in Accounts Receivable	16.49	-24.11	-16.89	-11.98	87.77
Change in Inventory	-109.15	-25.9	-183.51	0.78	-27.93
Change in Accounts Payable	33.3	8.01	-26.51	19.21	-7.63
Change in Other Net Operating Assets	10.69	8.39	5.49	-3.51	-4.52
Operating Cash Flow	551.95	470.47	263.57	453.67	416.37
Operating Cash Flow Growth	17.32%	78.50%	-41.90%	8.96%	28.41%
Capital Expenditures	-19.86	-38.04	-34.99	-9.31	-38.36
Sale of Property, Plant & Equipment	1.7	1.7	23.47	0	0
Investment in Securities	-345.84	-284.84	-381.87	-86.55	247.03
Other Investing Activities	23.58	19.36	26.56	16.32	12.96
Investing Cash Flow	-340.42	-301.82	-366.83	-74.54	216.63
Long-Term Debt Repaid	-0.41	-0.43	-0.51	-0.86	-
Net Debt Issued (Repaid)	-0.41	-0.43	-0.51	-0.86	-
Repurchase of Common Stock	-	-	-	-	-518.97
Common Dividends Paid	-182.28	-157.98	-145.82	-121.52	-116.27
Other Financing Activities	-0.77	-1.53	-0.65	-0.85	-2.21
Financing Cash Flow	-183.47	-159.93	-146.98	-123.23	-637.45
Net Cash Flow	28.07	8.71	-250.24	255.91	-4.45
Free Cash Flow	532.09	432.42	228.58	444.36	378.01
Free Cash Flow Growth	23.05%	89.18%	-48.56%	17.55%	20.91%
Free Cash Flow Margin	26.13%	25.06%	13.38%	26.53%	27.59%
Free Cash Flow Per Share	43.79	35.58	18.81	36.57	30.05
Cash Interest Paid	-	1.53	0.65	0.85	2.21
Cash Income Tax Paid	-	185.87	156.71	154.8	126.07
Levered Free Cash Flow	547.7	354.31	421.2	145.35	314.09
Unlevered Free Cash Flow	548.28	354.47	421.39	145.59	314.43
Change in Working Capital	-48.67	-33.62	-221.42	4.51	47.69

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