Aries Agro 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 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	379.23	340.23	194.31	171.29	132.9	179.57
Depreciation & Amortization	101.55	93.31	77.28	78.23	57.29	63.66
Other Amortization	0.04	0.04	0.08	0.16	0.54	0.77
Loss (Gain) From Sale of Assets	2.81	3.1	-	0.27	-0.15	-0.22
Loss (Gain) on Equity Investments	-	-	-	-	13.39	7.75
Other Operating Activities	202.82	125.34	212.45	234.36	241.54	260.28
Change in Accounts Receivable	-43.24	-45.16	50.84	1.86	46.09	-68.04
Change in Inventory	-70.33	-64.23	174.72	31.98	-63.33	-27.18
Change in Accounts Payable	-61.25	61.6	-144.15	-77.43	171.21	-61.19
Change in Other Net Operating Assets	222	538.4	199.88	104.31	87.89	209.45
Operating Cash Flow	726.6	1,053	765.42	545.04	687.37	564.85
Operating Cash Flow Growth	-15.59%	37.53%	40.43%	-20.71%	21.69%	-4.01%
Capital Expenditures	-423.18	-325.04	-304.61	-155.4	-64.49	-144.68
Sale of Property, Plant & Equipment	11.75	10.73	-	3.4	5.93	1.67
Investment in Securities	-327.36	-21.7	0.02	-4.37	-13.39	-7.75
Other Investing Activities	10.95	5.84	2.88	1.47	2.73	3.68
Investing Cash Flow	-761.81	-343.33	-262.35	-163.58	-126.83	-140.02
Long-Term Debt Issued	-	74.55	44.33	37.75	58.18	4.7
Total Debt Issued	195.38	74.55	44.33	37.75	58.18	4.7
Short-Term Debt Repaid	-	-323.81	-296.25	-141.37	-345.23	-148.87
Long-Term Debt Repaid	-	-	-9.58	-22.22	-18.08	-21.85
Total Debt Repaid	101.43	-323.81	-305.83	-163.59	-363.31	-170.73
Net Debt Issued (Repaid)	296.81	-249.27	-261.5	-125.84	-305.13	-166.03
Common Dividends Paid	-15.61	-12.99	-13.02	-10.4	-10.4	-
Other Financing Activities	-200.36	-185.59	-222.82	-233.8	-244.73	-259.64
Financing Cash Flow	80.84	-447.85	-497.33	-370.05	-560.27	-425.67
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-	-
Net Cash Flow	45.63	261.47	5.74	11.42	0.27	-0.84
Free Cash Flow	303.42	727.6	460.8	389.64	622.88	420.17
Free Cash Flow Growth	-38.14%	57.90%	18.26%	-37.45%	48.24%	-7.31%
Free Cash Flow Margin	4.63%	11.69%	8.92%	8.25%	14.41%	11.02%
Free Cash Flow Per Share	23.33	55.95	35.44	29.96	47.90	32.31
Cash Interest Paid	188.39	173.62	213.07	217.15	233.19	241.91
Cash Income Tax Paid	125.15	97.85	91.56	59.55	69.13	64.65
Levered Free Cash Flow	-33.49	444.55	255.94	88.22	294.23	140.13
Unlevered Free Cash Flow	84.25	553.06	389.11	223.94	439.98	291.32
Change in Working Capital	47.17	490.62	281.29	60.72	241.86	53.04

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