Marico 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	16,290	14,810	13,020	12,250	11,720
Depreciation & Amortization	1,720	1,540	1,520	1,360	1,360
Other Amortization	60	40	30	30	30
Loss (Gain) From Sale of Assets	-200	-150	-280	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	510
Loss (Gain) From Sale of Investments	-760	-730	-500	-290	-850
Loss (Gain) on Equity Investments	-	-	-	-	20
Stock-Based Compensation	430	350	190	100	90
Provision & Write-off of Bad Debts	20	20	10	80	30
Other Operating Activities	-1,000	250	790	50	410
Change in Accounts Receivable	-2,050	-520	-3,600	-2,720	1,470
Change in Inventory	1,010	-1,010	1,910	-2,860	2,510
Change in Accounts Payable	-2,180	1,060	990	2,100	1,840
Change in Other Net Operating Assets	290	-1,790	110	60	930
Operating Cash Flow	13,630	13,870	14,190	10,160	20,070
Operating Cash Flow Growth	-1.73%	-2.25%	39.66%	-49.38%	65.32%
Capital Expenditures	-1,610	-1,530	-1,820	-1,320	-1,420
Sale of Property, Plant & Equipment	390	180	250	30	50
Cash Acquisitions	-	-1,030	-2,770	-550	-1,320
Investment in Securities	-5,690	1,480	-3,890	3,370	-4,260
Other Investing Activities	700	2,660	-420	2,720	-2,430
Investing Cash Flow	-6,210	1,760	-8,650	4,250	-9,380
Long-Term Debt Issued	-	-	1,280	-	130
Long-Term Debt Repaid	-480	-1,430	-410	-670	-440
Net Debt Issued (Repaid)	-480	-1,430	870	-670	-310
Issuance of Common Stock	460	340	90	410	60
Common Dividends Paid	-4,530	-12,290	-5,820	-11,950	-9,680
Other Financing Activities	-1,940	-2,040	-740	-690	-650
Financing Cash Flow	-6,490	-15,420	-5,600	-12,900	-10,580
Foreign Exchange Rate Adjustments	-	-	-630	20	50
Miscellaneous Cash Flow Adjustments	-	-	-	140	-
Net Cash Flow	930	210	-690	1,670	160
Free Cash Flow	12,020	12,340	12,370	8,840	18,650
Free Cash Flow Growth	-2.59%	-0.24%	39.93%	-52.60%	81.77%
Free Cash Flow Margin	11.10%	12.78%	12.67%	9.29%	23.17%
Free Cash Flow Per Share	9.27	9.53	9.55	6.84	14.45
Cash Interest Paid	650	650	530	390	340
Cash Income Tax Paid	4,840	3,780	3,690	3,510	2,850
Levered Free Cash Flow	11,640	9,721	9,599	6,560	15,954
Unlevered Free Cash Flow	11,859	10,021	9,799	6,679	16,104
Change in Working Capital	-2,930	-2,260	-590	-3,420	6,750

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