Kalyani Forge 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	83.15	45.5	-1.84	31.33	-17.6
Depreciation & Amortization	76.68	61.54	111.88	123.12	127.75
Other Amortization	2.02	0.62	0.03	0.3	0.49
Loss (Gain) From Sale of Assets	1.16	-0.65	-17.24	-4.02	4.44
Provision & Write-off of Bad Debts	-6.42	66.51	35.17	46.18	27.67
Other Operating Activities	95.47	38.85	1.39	28.22	23.85
Change in Accounts Receivable	-183.18	63.55	-62.21	-104.11	-132.27
Change in Inventory	-10.65	-87.93	-188.05	-39.91	-46.93
Change in Accounts Payable	54.87	11.47	83.38	-12.69	10.79
Change in Other Net Operating Assets	105.21	-99.43	12.48	42.78	76.04
Operating Cash Flow	218.3	100.04	-25	111.22	74.22
Operating Cash Flow Growth	118.21%	-	-	49.84%	-69.16%
Capital Expenditures	-243.5	-259.59	-76.45	-46.74	-14.17
Sale of Property, Plant & Equipment	-	1.1	18	5.37	1.53
Other Investing Activities	-	-	-	-	-0
Investing Cash Flow	-243.5	-258.49	-58.45	-41.37	-12.65
Short-Term Debt Issued	178.42	41.79	113.23	-	22.22
Long-Term Debt Issued	-	185.37	3.78	-	-
Total Debt Issued	178.42	227.16	117.01	-	22.22
Short-Term Debt Repaid	-	-	-	-1.21	-
Long-Term Debt Repaid	-71.85	-	-	-7.13	-65.51
Total Debt Repaid	-71.85	-	-	-8.33	-65.51
Net Debt Issued (Repaid)	106.56	227.16	117.01	-8.33	-43.29
Common Dividends Paid	-10.22	-10.84	-8.21	-7.61	-3.64
Other Financing Activities	-70.38	-58.98	-33.72	-36.27	-28.01
Financing Cash Flow	25.96	157.34	75.08	-52.21	-74.93
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-
Net Cash Flow	0.76	-1.11	-8.37	17.64	-13.36
Free Cash Flow	-25.2	-159.55	-101.45	64.48	60.05
Free Cash Flow Growth	-	-	-	7.37%	-73.75%
Free Cash Flow Margin	-1.06%	-6.74%	-3.82%	2.62%	3.32%
Free Cash Flow Per Share	-6.57	-41.59	-27.89	17.72	16.51
Cash Interest Paid	66.81	54.81	27.97	29.44	26.08
Cash Income Tax Paid	2.55	23.8	16.84	15.07	-1.57
Levered Free Cash Flow	-146.64	-237.92	98.62	26.74	24.1
Unlevered Free Cash Flow	-104.89	-203.66	116.1	45.14	40.4
Change in Working Capital	-33.76	-112.34	-154.4	-113.91	-92.36

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