Tirupati Sarjan 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 2020	FY 2019
Period Ending	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	51.55	39.48	30.22	34.4	44.05
Depreciation & Amortization	11.2	13.07	10.4	9.13	7.92
Loss (Gain) From Sale of Assets	0.06	-	0.28	0.09	0.49
Other Operating Activities	20.06	44.61	61.24	99.69	94.16
Change in Accounts Receivable	70.61	47.44	-353.65	-84.72	81.66
Change in Inventory	156.37	-140.23	3.17	12.74	239.81
Change in Accounts Payable	-155.42	30.65	271.53	34.04	-454.3
Change in Income Taxes	10.6	15.93	6.41	-	-
Change in Other Net Operating Assets	2.49	11.67	47.05	-	-
Operating Cash Flow	167.53	62.62	76.65	105.36	13.78
Operating Cash Flow Growth	167.53%	-18.30%	-27.25%	664.80%	-
Capital Expenditures	-8.77	-20.59	-45.96	-0.97	-6.63
Sale of Property, Plant & Equipment	0.02	-	0.5	0.46	0.49
Investment in Securities	0.61	-27.71	-21.91	-15.85	-0.41
Other Investing Activities	24.03	15	7.76	43.63	-134.61
Investing Cash Flow	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)	-126.35	34.33	59.21	52.65	307.06
Other Financing Activities	-43.23	-58.61	-69.35	-146.02	-166.26
Financing Cash Flow	-169.58	-24.28	-10.14	-93.37	140.8
Miscellaneous Cash Flow Adjustments	-0	-	0	-	-
Net Cash Flow	13.84	5.05	6.89	39.26	13.41
Free Cash Flow	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	7.20%	2.18%	1.95%	8.45%	0.47%
Free Cash Flow Per Share	4.81	1.27	0.93	3.16	0.22
Cash Interest Paid	43.23	58.61	69.35	131.31	132.04
Cash Income Tax Paid	22.04	20.01	11.73	15.64	21.99
Levered Free Cash Flow	139.71	-119.93	-	-11.49	-66.97
Unlevered Free Cash Flow	167.17	-82.33	-	66	11.16
Change in Working Capital	84.66	-34.54	-25.49	-37.94	-132.84

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