Arman Financial Services 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	2016 - 2020
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	2016 - 2020
Net Income	-10.86	520.73	1,736	938.11	317.23	106.16	Upgrade
Depreciation & Amortization	18.23	17.91	14.24	11.55	9.53	8.1	Upgrade
Loss (Gain) From Sale of Investments	-970.37	-488.13	-450.72	-207.8	-74.35	-18.79	Upgrade
Provision for Credit Losses	271.53	271.53	255.5	18.83	126.86	381.22	Upgrade
Stock-Based Compensation	57.02	72.65	64.22	1.68	0.82	0.67	Upgrade
Change in Accounts Payable	-5.61	-7.44	4.61	0.7	4.17	-0.19	Upgrade
Change in Other Net Operating Assets	3,715	4,744	-4,630	-7,848	-3,240	-345.16	Upgrade
Other Operating Activities	28.17	-203.46	-16.77	-91.71	49.13	-72.88	Upgrade
Operating Cash Flow	3,103	4,928	-3,024	-7,177	-2,807	59.12	Upgrade
Capital Expenditures	-11.33	-253.72	-23.75	-23.61	-8.74	-4.41	Upgrade
Sale of Property, Plant & Equipment	0.01	0.01	2.25	-	0.02	-	Upgrade
Investment in Securities	-19.63	-234.34	205.3	-102.55	-10.96	19.61	Upgrade
Other Investing Activities	0	-	-	-	-	0	Upgrade
Investing Cash Flow	-30.95	-488.04	183.8	-126.16	-19.68	15.2	Upgrade
Short-Term Debt Issued	-	-	504.44	1,601	-	367.28	Upgrade
Long-Term Debt Issued	-	6,512	17,708	13,672	7,224	3,688	Upgrade
Total Debt Issued	3,892	6,512	18,213	15,273	7,224	4,055	Upgrade
Short-Term Debt Repaid	-	-1,690	-	-	-420.95	-	Upgrade
Long-Term Debt Repaid	-	-9,776	-16,679	-8,464	-4,100	-3,835	Upgrade
Total Debt Repaid	-6,384	-11,466	-16,679	-8,464	-4,521	-3,835	Upgrade
Net Debt Issued (Repaid)	-2,492	-4,954	1,534	6,810	2,703	220.36	Upgrade
Issuance of Common Stock	10.54	5.89	2,300	0.04	0.16	1.88	Upgrade
Common Dividends Paid	-	-	-	-	-	-0.26	Upgrade
Total Dividends Paid	-	-	-	-	-	-0.26	Upgrade
Other Financing Activities	0	-	-69.98	-	-0	-0	Upgrade
Financing Cash Flow	-2,481	-4,949	3,764	6,810	2,703	221.97	Upgrade
Net Cash Flow	590.93	-508.4	923.69	-493.07	-123.9	296.28	Upgrade
Free Cash Flow	3,092	4,674	-3,048	-7,200	-2,816	54.7	Upgrade
Free Cash Flow Margin	145.46%	190.70%	-87.36%	-329.75%	-248.81%	8.22%	Upgrade
Free Cash Flow Per Share	294.69	442.18	-338.47	-817.02	-331.54	6.45	Upgrade
Cash Interest Paid	2,070	2,403	2,655	1,754	839.57	757.2	Upgrade
Cash Income Tax Paid	202.37	296.34	574.97	266.27	175.5	63.7	Upgrade

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