Nova Iron & Steel 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	1,488	-938.01	-17.93	-147.82	-119.12
Depreciation & Amortization	194.73	451.33	99.12	99.3	87.14
Loss (Gain) From Sale of Assets	6.71	-	-4.89	-	-
Asset Writedown & Restructuring Costs	-	1,467	-	-	-
Other Operating Activities	-1,571	-1,018	209.48	277.55	160.89
Change in Accounts Receivable	89.96	-198.02	-1.81	27.39	-5.87
Change in Inventory	-28.26	585.6	406.73	-505.74	-617.8
Change in Accounts Payable	142.11	224.58	-366.23	-69.37	448.77
Change in Other Net Operating Assets	34.35	-679.62	-142	352.92	226.39
Operating Cash Flow	356.78	-104.5	182.45	34.22	180.4
Operating Cash Flow Growth	-	-	433.19%	-81.03%	96.97%
Capital Expenditures	-497.55	-363.27	-96.51	-0.15	-4.18
Sale (Purchase) of Real Estate	144.63	-	6.98	-	-
Investment in Securities	-	1.29	-	-3.22	-0.31
Other Investing Activities	0.17	-	-	9.91	0.53
Investing Cash Flow	-363.93	-314.27	-13.24	6.54	-3.96
Long-Term Debt Issued	209.85	698.59	4.52	203.95	-
Total Debt Issued	209.85	698.59	4.52	203.95	-
Short-Term Debt Repaid	-	-	-	-	-178.37
Long-Term Debt Repaid	-211.53	-256.94	-174.91	-3.02	-
Total Debt Repaid	-211.53	-256.94	-174.91	-3.02	-178.37
Net Debt Issued (Repaid)	-1.69	441.64	-170.39	200.94	-178.37
Other Financing Activities	-8.4	-5.01	-	-239.96	10.28
Financing Cash Flow	-10.08	436.64	-170.39	-39.02	-168.09
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-0
Net Cash Flow	-17.23	17.87	-1.18	1.74	8.34
Free Cash Flow	-140.77	-467.76	85.95	34.07	176.22
Free Cash Flow Growth	-	-	152.24%	-80.66%	-
Free Cash Flow Margin	-3.38%	-8.30%	1.23%	0.56%	5.11%
Free Cash Flow Per Share	-3.90	-12.94	2.38	0.94	4.88
Cash Interest Paid	8.4	5.01	-	239.96	-
Cash Income Tax Paid	-19.68	20.42	-	2	4.65
Levered Free Cash Flow	-195.17	-1,138	-29.87	-15.96	162.18
Unlevered Free Cash Flow	-126.11	-985.12	77.99	139.51	165.56
Change in Working Capital	238.15	-67.46	-103.31	-194.81	51.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.