Frontier Springs 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	346.64	129.86	72.41	75.15	77.96
Depreciation & Amortization	39.87	36.92	31.81	28.53	26.68
Other Amortization	0.21	0.21	0.21	-	-
Loss (Gain) From Sale of Assets	-6.27	-3.77	-0.19	-1.04	-2.13
Other Operating Activities	9.28	23.43	3.17	2.06	3.04
Change in Accounts Receivable	-162.73	-59.49	6.57	6.47	-17.75
Change in Inventory	-87.74	-6.26	-96.66	-33.74	-9.89
Change in Accounts Payable	81.97	-27.6	99.26	2.17	15.34
Change in Other Net Operating Assets	-0.14	22.36	-20.34	21.9	16.71
Operating Cash Flow	221.08	115.67	96.24	101.49	109.96
Operating Cash Flow Growth	91.14%	20.19%	-5.18%	-7.70%	9.43%
Capital Expenditures	-147.65	-78.19	-85.3	-61.58	-24.84
Sale of Property, Plant & Equipment	1.61	1.07	0.27	1.2	0.75
Investment in Securities	-68.12	-25	-21.58	-51.56	-35.05
Other Investing Activities	9.51	6.12	6.36	9.76	9.46
Investing Cash Flow	-204.65	-96	-100.25	-102.18	-49.67
Short-Term Debt Issued	15.04	-	12.31	0.01	-
Long-Term Debt Issued	7.1	-	0.22	-	5.21
Total Debt Issued	22.14	-	12.53	0.01	5.21
Short-Term Debt Repaid	-	-8.19	-	-	-56.95
Long-Term Debt Repaid	-	-0.81	-	-3.34	-
Total Debt Repaid	-	-8.99	-	-3.34	-56.95
Net Debt Issued (Repaid)	22.14	-8.99	12.53	-3.33	-51.73
Common Dividends Paid	-7.09	-5.91	-3.94	-3.94	-
Other Financing Activities	-2.25	-2	-3.34	-2.81	-4.95
Financing Cash Flow	12.8	-16.9	5.24	-10.08	-56.68
Net Cash Flow	29.23	2.77	1.24	-10.77	3.62
Free Cash Flow	73.43	37.48	10.94	39.92	85.13
Free Cash Flow Growth	95.91%	242.53%	-72.59%	-53.11%	160.86%
Free Cash Flow Margin	3.17%	2.77%	1.02%	4.77%	11.06%
Free Cash Flow Per Share	6.21	3.17	0.93	3.38	7.21
Cash Interest Paid	2.25	2	3.34	2.81	4.95
Cash Income Tax Paid	114.19	43.35	23.35	25.29	26.01
Levered Free Cash Flow	9.85	-8.45	-8.51	16.83	83.68
Unlevered Free Cash Flow	11.38	-7.09	-6.33	18.59	86.78
Change in Working Capital	-168.64	-70.98	-11.17	-3.2	4.41

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