Incap 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	3.23	7.99	6.7	6.63	8.03
Depreciation & Amortization	5.03	3.82	3.83	3.91	4.4
Loss (Gain) From Sale of Assets	-0.01	-	-0.08	-0.71	-1.69
Other Operating Activities	2.44	1.51	-6.6	-7.62	-7.45
Change in Accounts Receivable	70.42	-40.14	-35.66	-10.86	23.05
Change in Inventory	-38.77	5.78	-8.62	3.01	-1.74
Change in Accounts Payable	-8.43	-7.84	-22.17	-8.55	-68.25
Change in Income Taxes	-2.76	3.22	1.14	-0.05	2.35
Change in Other Net Operating Assets	19.95	4.53	0.85	3.81	3
Operating Cash Flow	51.11	-21.13	-60.61	-10.42	-38.31
Capital Expenditures	-0.15	-42.82	-1.52	-5.78	-0.09
Sale of Property, Plant & Equipment	0.01	-	0.19	0.77	4.36
Investment in Securities	-	-3.57	-	-2.14	-
Other Investing Activities	0.05	0.08	8.02	9.47	10.07
Investing Cash Flow	-0.09	-46.3	6.68	2.31	14.34
Long-Term Debt Issued	-	26.43	15.57	-	0.49
Long-Term Debt Repaid	-45.76	-	-	-6.81	-
Total Debt Repaid	-45.76	-	-	-6.81	-
Net Debt Issued (Repaid)	-45.76	26.43	15.57	-6.81	0.49
Common Dividends Paid	-5.13	-5.13	-5.13	-5.13	-5.13
Other Financing Activities	-3.34	-4.57	-1.74	-1.84	-1.61
Financing Cash Flow	-54.24	16.73	8.7	-13.78	-6.25
Net Cash Flow	-3.22	-50.71	-45.23	-21.89	-30.22
Free Cash Flow	50.96	-63.95	-62.13	-16.2	-38.4
Free Cash Flow Margin	16.02%	-19.04%	-32.09%	-7.69%	-16.58%
Free Cash Flow Per Share	9.98	-12.48	-12.06	-3.15	-7.46
Cash Interest Paid	-	4.57	1.74	1.84	1.61
Cash Income Tax Paid	-	2.81	2.51	2.26	3.07
Levered Free Cash Flow	47.21	-69.38	-61.45	-16.03	-38.22
Unlevered Free Cash Flow	49.3	-66.52	-60.37	-14.88	-37.22
Change in Working Capital	40.42	-34.46	-64.46	-12.65	-41.6