D & H 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	51.53	27.05	42.2	24	-7.78
Depreciation & Amortization	29.55	20.76	17.45	16.15	17.33
Loss (Gain) From Sale of Assets	-0.35	-0.63	-0.89	0.07	0.16
Other Operating Activities	51.22	37.64	24.68	7.8	9.37
Change in Accounts Receivable	-164.12	-65.82	-99.13	-20.12	-1.15
Change in Inventory	24.69	29.64	-15.65	-38.13	33.51
Change in Accounts Payable	-15.88	-53.49	86.01	21.97	-31.23
Operating Cash Flow	-23.36	-4.86	54.67	11.74	20.22
Operating Cash Flow Growth	-	-	365.76%	-41.94%	-
Capital Expenditures	-135.72	-133.08	-59.57	-42.65	-6.42
Sale (Purchase) of Intangibles	-0.4	-0.1	-	-	-0.17
Other Investing Activities	43.09	1.37	2.05	6.18	1.02
Investing Cash Flow	-72.06	-139.23	-89.07	-53.88	-5.91
Long-Term Debt Issued	150.6	163.37	35.45	55.93	-
Long-Term Debt Repaid	-	-	-	-	-4.88
Net Debt Issued (Repaid)	150.6	163.37	35.45	55.93	-4.88
Issuance of Common Stock	-	12.6	20.5	-	-
Other Financing Activities	-41.39	-29.93	-20.73	-14.23	-12.51
Financing Cash Flow	109.21	146.04	35.22	41.71	-17.4
Miscellaneous Cash Flow Adjustments	-	2.41	-	-	-
Net Cash Flow	13.79	4.35	0.82	-0.44	-3.09
Free Cash Flow	-159.07	-137.94	-4.91	-30.92	13.8
Free Cash Flow Margin	-7.61%	-8.74%	-0.35%	-3.41%	2.04%
Free Cash Flow Per Share	-19.43	-16.97	-0.63	-4.18	1.86
Cash Interest Paid	45.33	29.93	20.73	14.23	13.88
Cash Income Tax Paid	13.21	10.23	10.23	-	-
Levered Free Cash Flow	-192.85	-108.47	-134.17	-43.02	10.38
Unlevered Free Cash Flow	-165.22	-90.35	-121.44	-34.78	18.56
Change in Working Capital	-155.32	-89.67	-28.77	-36.28	1.14

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