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

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