Ador Welding 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	600.5	864.6	592.9	450.2	-103.8
Depreciation & Amortization	174.7	148.1	113.6	105.5	106.7
Other Amortization	7.5	10.1	2.5	3.5	5
Loss (Gain) From Sale of Assets	0.1	-4.6	6.9	-208.8	5.3
Asset Writedown & Restructuring Costs	20.4	1.8	-	2.1	18.2
Loss (Gain) From Sale of Investments	-22.1	-36.7	-4.4	-5.1	-13.5
Provision & Write-off of Bad Debts	61.7	27.6	52.1	13	237.8
Other Operating Activities	39	-74	24.9	121.5	113.7
Change in Accounts Receivable	-165.2	-256.7	-371.7	62.9	2.6
Change in Inventory	140.6	-68.4	-275	-278.9	-12.5
Change in Accounts Payable	393	-53.6	-38.2	-22.9	12.8
Change in Other Net Operating Assets	120.9	24.7	33.1	20.9	417.9
Operating Cash Flow	1,371	582.9	136.7	263.9	790.2
Operating Cash Flow Growth	135.22%	326.41%	-48.20%	-66.60%	478.48%
Capital Expenditures	-412.7	-433.3	-147.5	-173.3	-91
Sale of Property, Plant & Equipment	17.1	15.3	12.3	186.7	69.3
Investment in Securities	93	-11.4	-	-86.7	-56
Other Investing Activities	128.9	-6.6	38.6	18.8	12
Investing Cash Flow	-173.7	-436	-96.6	-54.5	-65.7
Long-Term Debt Issued	-	267.8	152.8	7	-
Total Debt Issued	-	267.8	152.8	7	-
Long-Term Debt Repaid	-429.3	-8.5	-6	-281.9	-540.1
Total Debt Repaid	-429.3	-8.5	-6	-281.9	-540.1
Net Debt Issued (Repaid)	-429.3	259.3	146.8	-274.9	-540.1
Common Dividends Paid	-461.6	-413	-170	-	-
Other Financing Activities	-44.1	-39.3	-23.5	-38.8	-65.8
Financing Cash Flow	-935	-193	-46.7	-313.7	-605.9
Net Cash Flow	262.4	-46.1	-6.6	-104.3	118.6
Free Cash Flow	958.4	149.6	-10.8	90.6	699.2
Free Cash Flow Growth	540.64%	-	-	-87.04%	-
Free Cash Flow Margin	8.54%	1.39%	-0.14%	1.37%	15.62%
Free Cash Flow Per Share	55.07	8.60	-0.79	6.66	51.42
Cash Interest Paid	44.1	39.3	23.5	38.8	65.8
Cash Income Tax Paid	235.8	337.8	179	143.6	-16.9
Levered Free Cash Flow	574.33	-156.79	-110.75	36.83	898.56
Unlevered Free Cash Flow	602.7	-131.29	-96	60.08	938.63
Change in Working Capital	489.3	-354	-651.8	-218	420.8

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