NTPC Limited Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	270,525	234,225	208,119	169,126	166,759
Depreciation & Amortization	196,293	174,209	161,726	147,421	135,315
Other Amortization	-	156.3	149.5	221.6	249.6
Loss (Gain) on Sale of Assets	2,510	1,831	1,903	1,368	1,018
Loss (Gain) on Equity Investments	-28,641	-22,137	-16,356	-7,798	-10,201
Asset Writedown	-	-353	160.7	279.7	2,314
Change in Accounts Receivable	-23,693	-19,769	-13,345	38,062	1,997
Change in Inventory	14,821	6,769	-25,867	-30,050	5,387
Change in Accounts Payable	4,823	22,049	-9,200	34,613	36,974
Change in Other Net Operating Assets	-28,731	-29,265	-48,650	-38,073	-25,217
Other Operating Activities	100,211	136,646	142,351	156,347	103,287
Operating Cash Flow	509,018	504,360	400,992	471,518	417,882
Operating Cash Flow Growth	0.92%	25.78%	-14.96%	12.83%	28.80%
Capital Expenditures	-440,498	-412,834	-308,159	-248,185	-244,444
Sale of Property, Plant & Equipment	429.1	2,783	746	982.9	1,135
Investment in Securities	3,454	-17,399	-1,694	-8,952	6,511
Other Investing Activities	60,831	-30,548	-5,453	-5,297	7,889
Investing Cash Flow	-375,784	-457,997	-314,560	-261,451	-228,909
Short-Term Debt Issued	86,172	67,648	59,448	-	-
Long-Term Debt Issued	421,326	354,671	316,317	283,260	272,374
Total Debt Issued	507,498	422,318	375,764	283,260	272,374
Short-Term Debt Repaid	-	-	-	-27,188	-74,342
Long-Term Debt Repaid	-357,922	-292,521	-225,707	-247,538	-191,350
Total Debt Repaid	-357,922	-292,521	-225,707	-274,726	-265,692
Net Debt Issued (Repaid)	149,576	129,797	150,057	8,534	6,683
Issuance of Common Stock	-	90,260	-	-	-
Common Dividends Paid	-87,593	-82,065	-74,194	-72,479	-71,069
Other Financing Activities	-175,267	-178,722	-158,318	-148,223	-127,329
Financing Cash Flow	-113,284	-40,730	-82,455	-212,168	-191,716
Net Cash Flow	19,951	5,632	3,977	-2,101	-2,743
Free Cash Flow	68,520	91,526	92,833	223,333	173,438
Free Cash Flow Growth	-25.14%	-1.41%	-58.43%	28.77%	89.93%
Free Cash Flow Margin	3.66%	4.87%	5.20%	12.67%	13.07%
Free Cash Flow Per Share	7.07	9.44	9.57	23.03	17.89
Cash Interest Paid	175,377	178,735	158,318	148,223	127,329
Cash Income Tax Paid	40,840	47,802	40,574	45,106	26,189
Levered Free Cash Flow	-80,749	-170,991	-111,865	-43,530	46,550
Unlevered Free Cash Flow	5,506	-88,155	-35,159	27,809	105,116
Change in Working Capital	-32,780	-20,216	-97,062	4,553	19,141