Tirupati Sarjan 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 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '20 Mar 31, 2020	Mar '19 Mar 31, 2019
Net Income	49.64	51.55	39.48	30.22	34.4	44.05
Depreciation & Amortization	9.78	11.2	13.07	10.4	9.13	7.92
Loss (Gain) From Sale of Assets	0.06	0.06	-	0.28	0.09	0.49
Other Operating Activities	3.98	20.06	44.61	61.24	99.69	94.16
Change in Accounts Receivable	-47.15	70.61	47.44	-353.65	-84.72	81.66
Change in Inventory	-139.54	156.37	-140.23	3.17	12.74	239.81
Change in Accounts Payable	85.09	-155.42	30.65	271.53	34.04	-454.3
Change in Income Taxes	5.18	10.6	15.93	6.41	-	-
Change in Other Net Operating Assets	-9.68	2.49	11.67	47.05	-	-
Operating Cash Flow	-42.65	167.53	62.62	76.65	105.36	13.78
Operating Cash Flow Growth	-	167.53%	-18.30%	-27.25%	664.80%	-
Capital Expenditures	-9.71	-8.77	-20.59	-45.96	-0.97	-6.63
Sale of Property, Plant & Equipment	0.02	0.02	-	0.5	0.46	0.49
Investment in Securities	73.39	0.61	-27.71	-21.91	-15.85	-0.41
Other Investing Activities	29.63	24.03	15	7.76	43.63	-134.61
Investing Cash Flow	93.33	15.89	-33.29	-59.62	27.27	-141.16
Long-Term Debt Issued	-	-	34.33	59.21	52.65	307.06
Long-Term Debt Repaid	-	-126.35	-	-	-	-
Net Debt Issued (Repaid)	-106.03	-126.35	34.33	59.21	52.65	307.06
Other Financing Activities	-32.75	-43.23	-58.61	-69.35	-146.02	-166.26
Financing Cash Flow	-138.79	-169.58	-24.28	-10.14	-93.37	140.8
Miscellaneous Cash Flow Adjustments	-0	-0	-	0	-	-
Net Cash Flow	-88.11	13.84	5.05	6.89	39.26	13.41
Free Cash Flow	-52.36	158.76	42.04	30.69	104.39	7.14
Free Cash Flow Growth	-	277.67%	36.99%	-70.60%	1361.23%	-
Free Cash Flow Margin	-2.64%	7.20%	2.18%	1.95%	8.45%	0.47%
Free Cash Flow Per Share	-1.58	4.81	1.27	0.93	3.16	0.22
Cash Interest Paid	32.75	43.23	58.61	69.35	131.31	132.04
Cash Income Tax Paid	19.78	22.04	20.01	11.73	15.64	21.99
Levered Free Cash Flow	-71.62	139.71	-119.93	-	-11.49	-66.97
Unlevered Free Cash Flow	-47.79	167.17	-82.33	-	66	11.16
Change in Working Capital	-106.11	84.66	-34.54	-25.49	-37.94	-132.84

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.