Modi Naturals Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	365.45	310.26	-13.78	10.69	93.65	105.16
Depreciation & Amortization	78.31	78.14	42.1	15.53	14.17	13.77
Other Amortization	0.04	0.04	4.21	12.37	15.96	22.15
Loss (Gain) From Sale of Assets	-0.44	-0.29	-0.03	-0.48	-0.35	-32.39
Other Operating Activities	-18.69	48.6	-9.66	-29.04	1.87	17.78
Change in Accounts Receivable	-54.5	-179.76	-62.26	-204.38	-38.81	-45.92
Change in Inventory	-21.61	123.41	-115.55	93.9	-257.13	0.01
Change in Accounts Payable	148.56	107.56	86.84	44.13	40.62	12.27
Operating Cash Flow	497.12	487.94	-68.13	-57.29	-130.02	92.83
Operating Cash Flow Growth	268.79%	-	-	-	-	1023.60%
Capital Expenditures	-551.73	-198.19	-346.76	-942.42	-145.15	-15.82
Sale of Property, Plant & Equipment	0.6	0.4	0.04	0.54	11.63	36.21
Investment in Securities	5.9	-	13.7	-14.53	-0.3	1.34
Other Investing Activities	-49.32	-83.35	10.71	42.9	-	-
Investing Cash Flow	-594.55	-281.14	-322.3	-913.5	-133.82	21.73
Long-Term Debt Issued	-	-	270.29	915.47	304.05	-
Long-Term Debt Repaid	-	-207.53	-	-	-	-120.77
Net Debt Issued (Repaid)	93.79	-207.53	270.29	915.47	304.05	-120.77
Issuance of Common Stock	-	-	100.91	33.64	-	-
Other Financing Activities	5	-	-	-	-	-
Financing Cash Flow	98.79	-207.53	371.21	949.1	304.05	-120.77
Net Cash Flow	1.36	-0.72	-19.22	-21.69	40.22	-6.22
Free Cash Flow	-54.61	289.75	-414.88	-999.71	-275.17	77
Free Cash Flow Margin	-0.81%	4.37%	-10.38%	-23.92%	-5.80%	1.74%
Free Cash Flow Per Share	-4.10	21.77	-32.78	-78.99	-21.74	6.08
Cash Interest Paid	160.37	130.94	72.65	30.83	12.93	10.64
Cash Income Tax Paid	64.55	17.58	8.54	38.44	34.68	19.88
Levered Free Cash Flow	-88.43	184.22	-399.02	-999.22	-278.34	81.73
Unlevered Free Cash Flow	-27.06	250.93	-357.87	-978.78	-269.31	88.38
Change in Working Capital	72.45	51.21	-90.97	-66.36	-255.32	-33.65

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.