Modern Dairies 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	829.61	342.29	121.56	49.52	-347.35
Depreciation & Amortization	31.38	34.21	33.45	64.21	183.34
Other Amortization	0.13	0.09	0.09	0.18	0.2
Loss (Gain) From Sale of Assets	-0.22	-	-0.27	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	268.74
Provision & Write-off of Bad Debts	-	-	-	-	1.7
Other Operating Activities	-713.07	-154.76	24.15	1.47	6.68
Change in Accounts Receivable	-17.66	1.76	-157.14	59.73	137.06
Change in Inventory	12.64	-14.37	-130.21	96.28	18.42
Change in Accounts Payable	16.76	95.46	280.8	-102.28	-187.94
Change in Income Taxes	-	-	-	-8.17	-
Change in Other Net Operating Assets	41.73	-23.09	-21.22	6.88	-13.92
Operating Cash Flow	201.29	281.59	151.22	167.82	66.94
Operating Cash Flow Growth	-28.52%	86.20%	-9.89%	150.70%	6.97%
Capital Expenditures	-36.27	-49.52	-30.7	-19.56	-35.27
Sale of Property, Plant & Equipment	0.28	-	0.38	-	0.5
Other Investing Activities	0.99	0.97	0.6	0.62	1.16
Investing Cash Flow	-35	-48.55	-29.73	-18.94	-33.61
Short-Term Debt Issued	-	-	5.23	-	-
Long-Term Debt Issued	-	78.63	-	-	-
Total Debt Issued	-	78.63	5.23	-	-
Short-Term Debt Repaid	-	-7.73	-1.01	-3.15	-1.04
Long-Term Debt Repaid	-289.74	-290.8	-192.98	-86.96	-30.39
Total Debt Repaid	-289.74	-298.53	-193.99	-90.11	-31.43
Net Debt Issued (Repaid)	-289.74	-219.9	-188.76	-90.11	-31.43
Issuance of Common Stock	23	-	-	-	-
Other Financing Activities	170.75	-	-	-	-
Financing Cash Flow	-95.99	-219.9	-188.76	-90.11	-31.43
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	70.3	13.13	-67.26	58.77	1.91
Free Cash Flow	165.02	232.07	120.52	148.26	31.67
Free Cash Flow Growth	-28.89%	92.55%	-18.71%	368.18%	166.90%
Free Cash Flow Margin	4.73%	6.41%	5.51%	6.13%	0.52%
Free Cash Flow Per Share	7.03	9.95	5.17	6.35	1.36
Cash Income Tax Paid	3.39	6.38	9.03	8.17	-0.22
Levered Free Cash Flow	-77.62	311.97	79.82	142.56	57.09
Unlevered Free Cash Flow	-66.18	335.85	95.3	143.08	57.33
Change in Working Capital	53.46	59.76	-27.76	52.44	-46.38

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