Alfa Ica (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	14.38	16.79	14.58	16.27	14.2
Depreciation & Amortization	13.49	9.9	10.39	10.05	8.8
Loss (Gain) From Sale of Assets	-0.25	0.16	-0	0.55	-0.89
Other Operating Activities	19.95	15.91	16.24	14.86	14.16
Change in Accounts Receivable	-23.02	-22.56	49.98	-36.52	1.11
Change in Inventory	21.75	1.74	3.63	-39.46	-19.91
Change in Accounts Payable	-18.6	29.93	-39.26	10.47	26.49
Change in Other Net Operating Assets	-9.02	0.2	1.98	10.35	-8.65
Operating Cash Flow	18.68	52.07	57.52	-13.41	35.31
Operating Cash Flow Growth	-64.13%	-9.48%	-	-	-44.65%
Capital Expenditures	-50.25	-26.21	-17.76	-19.63	-17.45
Sale of Property, Plant & Equipment	0.5	1.28	0.15	2.29	4.64
Other Investing Activities	0.13	0.11	0.06	0.06	0.08
Investing Cash Flow	-49.62	-24.82	-17.55	-17.28	-12.73
Short-Term Debt Issued	35.96	-	-	41.81	37.21
Long-Term Debt Issued	13.64	0.84	0.85	4.38	-
Total Debt Issued	49.6	0.84	0.85	46.18	37.21
Short-Term Debt Repaid	-	-10.15	-25.55	-	-
Long-Term Debt Repaid	-	-	-	-	-48.15
Total Debt Repaid	-	-10.15	-25.55	-	-48.15
Net Debt Issued (Repaid)	49.6	-9.31	-24.7	46.18	-10.94
Other Financing Activities	-19.39	-15.39	-15.53	-15.08	-13.42
Financing Cash Flow	30.21	-24.7	-40.23	31.1	-24.36
Net Cash Flow	-0.74	2.55	-0.26	0.41	-1.78
Free Cash Flow	-31.57	25.86	39.77	-33.04	17.86
Free Cash Flow Growth	-	-34.97%	-	-	-60.82%
Free Cash Flow Margin	-4.02%	3.78%	6.15%	-4.13%	3.24%
Free Cash Flow Per Share	-7.82	6.40	9.84	-8.18	4.42
Cash Interest Paid	19.39	15.39	15.53	15.08	13.42
Cash Income Tax Paid	4.16	4.86	4.18	5.82	4
Levered Free Cash Flow	-59.76	1.95	17.92	-53.63	-7.96
Unlevered Free Cash Flow	-47.9	11.56	27.53	-44.61	0.13
Change in Working Capital	-28.89	9.3	16.32	-55.15	-0.96

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