Ratnamani Metals & Tubes 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	5,440	6,228	5,105	3,226	2,760
Depreciation & Amortization	1,074	972.89	831.22	800.2	567.31
Other Amortization	3.09	2.51	2.19	1.87	1.24
Loss (Gain) From Sale of Assets	-18.42	-20.48	2.98	-3.19	-1.64
Stock-Based Compensation	101.09	-	-	-	-
Provision & Write-off of Bad Debts	-	13.96	11.81	-0.37	-12.09
Other Operating Activities	36.24	-332.88	477.64	-210.43	233.62
Change in Accounts Receivable	-2,958	601.99	-3,662	-1,956	-308.71
Change in Inventory	-691.37	-895.22	-956.65	-5,751	3,223
Change in Accounts Payable	-136.88	-74.45	185.65	717.68	-220.77
Change in Other Net Operating Assets	2,513	-1,384	1,107	344.53	-786.75
Operating Cash Flow	5,362	5,112	3,105	-2,830	5,455
Operating Cash Flow Growth	4.89%	64.66%	-	-	153.50%
Capital Expenditures	-3,291	-2,130	-1,419	-1,445	-1,299
Sale of Property, Plant & Equipment	233.03	39.95	42.35	8.03	8.9
Investment in Securities	-1,241	445.04	-802.96	5,394	-3,755
Other Investing Activities	327.15	192.82	102.72	220.62	344.63
Investing Cash Flow	-3,971	-1,453	-2,077	4,178	-4,700
Short-Term Debt Issued	282.67	-	434.01	-	-
Long-Term Debt Issued	-	-	-	-	250
Total Debt Issued	282.67	-	434.01	-	250
Short-Term Debt Repaid	-	-318.46	-	-7.96	-435.6
Long-Term Debt Repaid	-369.85	-472.06	-737.06	-508.65	-411.71
Total Debt Repaid	-369.85	-790.52	-737.06	-516.61	-847.31
Net Debt Issued (Repaid)	-87.18	-790.52	-303.05	-516.61	-597.31
Issuance of Common Stock	26.83	27	-	-	-
Common Dividends Paid	-981.29	-841.1	-654.19	-654.19	-
Other Financing Activities	-260.12	-324.87	-203.57	-174.58	-190.54
Financing Cash Flow	-1,302	-1,929	-1,161	-1,345	-787.85
Foreign Exchange Rate Adjustments	-46.96	-2.5	-0.57	-0.9	1.05
Miscellaneous Cash Flow Adjustments	140.95	-	36.83	-	-
Net Cash Flow	183.23	1,728	-96.57	1.37	-31.38
Free Cash Flow	2,071	2,982	1,686	-4,275	4,157
Free Cash Flow Growth	-30.54%	76.88%	-	-	-
Free Cash Flow Margin	3.99%	5.89%	3.77%	-13.62%	18.09%
Free Cash Flow Per Share	29.55	42.54	24.05	-60.99	59.31
Cash Interest Paid	260.12	324.87	203.57	174.58	190.54
Cash Income Tax Paid	1,819	2,239	1,496	1,220	569.86
Levered Free Cash Flow	1,317	1,448	-103.31	-5,271	3,605
Unlevered Free Cash Flow	1,471	1,640	30	-5,163	3,731
Change in Working Capital	-1,274	-1,752	-3,326	-6,645	1,907

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