Sangam (India) 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	318	408.2	1,305	1,407	42.1
Depreciation & Amortization	1,133	956.9	783.1	692.5	800.8
Other Amortization	11.4	11.2	10.9	10.9	5
Loss (Gain) From Sale of Assets	-14.7	-3.9	-72.2	-12	-14
Loss (Gain) From Sale of Investments	-14.4	-29.7	-	-	-
Stock-Based Compensation	-	-	113.8	-	-
Provision & Write-off of Bad Debts	15.7	31.8	27.4	218	86.3
Other Operating Activities	1,016	717.9	456.7	437.8	403.2
Change in Accounts Receivable	-176.8	-1,004	160.5	-1,013	58.4
Change in Inventory	935.1	-1,555	146.2	-1,564	-35.7
Change in Accounts Payable	1,218	1,997	-622.7	2,035	16.1
Change in Other Net Operating Assets	-125.5	69.6	-151.3	236.8	-36.7
Operating Cash Flow	4,317	1,601	2,158	2,448	1,326
Operating Cash Flow Growth	169.68%	-25.82%	-11.84%	84.66%	-27.72%
Capital Expenditures	-3,148	-4,083	-3,891	-2,040	-610.4
Sale of Property, Plant & Equipment	34	152.2	182.3	86.5	85.4
Investment in Securities	-671.1	-4.4	109.9	-7	58.1
Other Investing Activities	65.3	39.3	63	40.9	37.6
Investing Cash Flow	-3,720	-3,896	-3,536	-1,920	-429.3
Short-Term Debt Issued	-	-	580.6	98.7	-
Long-Term Debt Issued	2,196	3,386	2,400	407.9	458.8
Total Debt Issued	2,196	3,386	2,981	506.6	458.8
Short-Term Debt Repaid	-532.5	-428.9	-	-	-495.3
Long-Term Debt Repaid	-971.6	-543.9	-810.1	-646.3	-546.1
Total Debt Repaid	-1,504	-972.8	-810.1	-646.3	-1,041
Net Debt Issued (Repaid)	691.5	2,413	2,170	-139.7	-582.6
Issuance of Common Stock	-	702	291.2	-	200
Common Dividends Paid	-100.5	-101	-89.3	-43.3	-39.6
Other Financing Activities	-950.9	-715.7	-937.9	-223.1	-509.5
Financing Cash Flow	-359.9	2,298	1,434	-406.1	-931.7
Net Cash Flow	236.8	3	56.7	122	-35.5
Free Cash Flow	1,169	-2,482	-1,733	407.7	715.1
Free Cash Flow Growth	-	-	-	-42.99%	-47.10%
Free Cash Flow Margin	4.09%	-9.45%	-6.39%	1.67%	5.26%
Free Cash Flow Per Share	23.25	-49.91	-36.19	9.34	17.69
Cash Interest Paid	866.7	649.8	479	429.2	509.5
Cash Income Tax Paid	15.4	123.5	434.2	454	18.1
Levered Free Cash Flow	-93.75	-3,480	-2,248	-425.05	98.04
Unlevered Free Cash Flow	447.94	-3,074	-1,948	-156.8	379.85
Change in Working Capital	1,851	-491.8	-467.3	-306.1	2.1

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