Page Industries 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	7,291	5,692	5,712	5,365	3,406
Depreciation & Amortization	977.26	895.04	773.07	647.7	609.56
Other Amortization	15.01	8.67	7.81	7.03	19.56
Loss (Gain) From Sale of Assets	-0.5	-1.81	-1.28	2.59	5.19
Asset Writedown & Restructuring Costs	-	40.66	-	-	-
Provision & Write-off of Bad Debts	-	21.56	-15.26	22.49	7.17
Other Operating Activities	111.46	346.55	288.87	133.62	161.05
Change in Accounts Receivable	-329.59	-147.26	205.38	-302.1	-640.59
Change in Inventory	3,114	4,250	-6,204	-4,199	1,636
Change in Accounts Payable	732.94	-676.28	-751.72	1,125	1,571
Change in Other Net Operating Assets	123.56	375.97	-31.53	467.01	184.14
Operating Cash Flow	12,036	10,805	-16.08	3,269	6,959
Operating Cash Flow Growth	11.40%	-	-	-53.02%	34.68%
Capital Expenditures	-795.66	-960.9	-1,657	-979.64	-153.34
Sale of Property, Plant & Equipment	5.09	14.55	18.55	0.82	17.97
Investment in Securities	607	-2,808	1,900	2,050	-3,950
Other Investing Activities	300.13	55.07	45.74	117.34	74.9
Investing Cash Flow	116.56	-3,699	307.75	1,189	-4,011
Short-Term Debt Issued	-	-	1,916	-	-
Total Debt Issued	-	-	1,916	-	-
Short-Term Debt Repaid	-	-1,916	-	-	-8.12
Long-Term Debt Repaid	-505.24	-391.71	-348.41	-312.39	-566.01
Total Debt Repaid	-505.24	-2,308	-348.41	-312.39	-574.13
Net Debt Issued (Repaid)	-505.24	-2,308	1,567	-312.39	-574.13
Common Dividends Paid	-9,146	-3,458	-2,900	-3,347	-2,787
Other Financing Activities	-450.03	-448.92	-408.7	-304.99	-297.73
Financing Cash Flow	-10,101	-6,214	-1,741	-3,964	-3,659
Net Cash Flow	2,051	891.35	-1,449	493.21	-710.96
Free Cash Flow	11,240	9,844	-1,673	2,289	6,806
Free Cash Flow Growth	14.19%	-	-	-66.36%	53.99%
Free Cash Flow Margin	22.78%	21.54%	-3.55%	5.89%	24.02%
Free Cash Flow Per Share	1007.74	882.54	-149.96	205.26	610.15
Cash Interest Paid	450.03	448.92	408.7	304.99	297.73
Cash Income Tax Paid	2,447	1,841	1,904	1,750	1,259
Levered Free Cash Flow	9,459	8,366	-2,878	1,198	5,994
Unlevered Free Cash Flow	9,749	8,647	-2,620	1,399	6,180
Change in Working Capital	3,641	3,802	-6,782	-2,910	2,751

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