Maruti Infrastructure 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	19.29	14.55	11.38	5.16	7.1
Depreciation & Amortization	2.23	2.23	2.06	1.71	1.25
Other Operating Activities	10.23	7.95	7.22	5.44	1.54
Change in Accounts Receivable	-193.79	134.76	-71.49	-82.36	16.08
Change in Inventory	-3.28	-451.74	-25.12	-49.91	-34.18
Change in Other Net Operating Assets	195.46	46.77	64.96	114.97	-2.55
Operating Cash Flow	30.14	-245.48	-10.99	-5	-10.76
Capital Expenditures	-0.06	-1.49	-4.7	-4.37	-0.04
Investment in Securities	-	-0.06	-0.03	-0.04	0.84
Other Investing Activities	1.38	1.25	1.3	1.55	4.93
Investing Cash Flow	1.32	-0.3	-3.43	-2.86	5.73
Long-Term Debt Issued	-	248.12	32.53	2.94	16.18
Long-Term Debt Repaid	-16.43	-	-	-	-
Net Debt Issued (Repaid)	-16.43	248.12	32.53	2.94	16.18
Issuance of Common Stock	-	-	0.5	-	-
Other Financing Activities	-14.88	-10.9	-11.28	-8.04	-6.36
Financing Cash Flow	-31.31	237.22	21.75	-5.1	9.83
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	0.15	-8.57	7.33	-12.95	4.8
Free Cash Flow	30.07	-246.98	-15.69	-9.36	-10.8
Free Cash Flow Margin	5.93%	-64.32%	-4.46%	-3.67%	-3.32%
Free Cash Flow Per Share	0.32	-2.63	-0.17	-0.10	-0.12
Cash Interest Paid	12.07	10.56	9.96	8.04	6.36
Cash Income Tax Paid	5.13	7.47	4.05	3.28	2.83
Levered Free Cash Flow	197.57	-238.87	-47.02	-81.44	-40.56
Unlevered Free Cash Flow	206.87	-232.28	-40.79	-76.42	-36.59
Change in Working Capital	-1.61	-270.21	-31.65	-17.31	-20.65

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