V-Guard Industries Limited (BOM:532953)

V-Guard Industries Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	4,111	3,083	3,137	2,576	1,891	2,277
Depreciation & Amortization	967.4	934.6	849.1	744.1	601.8	465.86
Other Amortization	144.3	144.3	107.5	64.7	42.4	25.61
Loss (Gain) From Sale of Assets	5.9	3.5	8.9	8.6	1.8	7.14
Loss (Gain) From Sale of Investments	-190.5	-49.5	-58.6	-190.3	-54.5	-1.74
Stock-Based Compensation	238.1	270.7	259	20.3	133.7	155.5
Provision & Write-off of Bad Debts	-15.9	15.2	10.3	59.1	-77.5	56.82
Other Operating Activities	188.5	9.7	131.4	337.1	285.4	-169.56
Change in Accounts Receivable	402.9	79.4	524.8	-447.4	-301.8	-982.94
Change in Inventory	-3,054	-266.4	-1,855	-443.9	1,281	-2,281
Change in Accounts Payable	4,629	832.4	1,079	620.9	152.1	-216.62
Change in Other Net Operating Assets	-209.4	-471.7	575.7	578.4	282.4	295.63
Operating Cash Flow	7,218	4,586	4,770	3,927	4,238	-368.15
Operating Cash Flow Growth	114.65%	-3.86%	21.44%	-7.33%	-	-

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-1,896	-1,799	-1,207	-1,282	-1,026	-1,246
Sale of Property, Plant & Equipment	0.3	6.5	8.7	8.3	14.7	1.4
Cash Acquisitions	-	-	-	-	-6,507	-
Sale (Purchase) of Real Estate	-	-	11.1	-	-	-
Investment in Securities	-3,965	-1,886	211.4	-280.6	-214.1	3.42
Other Investing Activities	79.9	38.8	6.2	28.5	21	32.98
Investing Cash Flow	-5,780	-3,639	-969.2	-1,526	-7,712	-1,208

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	-	1,349	-
Long-Term Debt Issued	-	-	-	-	2,729	-
Total Debt Issued	-	-	-	-	4,078	-
Short-Term Debt Repaid	-	-19.7	-62.7	-1,296	-	-12.21
Long-Term Debt Repaid	-	-238.6	-2,926	-159.5	-114.5	-71.31
Lease Payments	-231.4	-238.6	-186	-159.5	-114.5	-71.31
Total Debt Repaid	-226.2	-258.3	-2,988	-1,456	-114.5	-83.52
Net Debt Issued (Repaid)	-226.2	-258.3	-2,988	-1,456	3,964	-83.52
Issuance of Common Stock	43.3	59.7	80.4	61.2	20	45.65
Common Dividends Paid	-656.1	-654.3	-610.5	-562.5	-560.8	-516.07
Other Financing Activities	-120.4	-123.8	-256.8	-365.2	-161.9	-69.27
Financing Cash Flow	-959.4	-976.7	-3,775	-2,322	3,261	-623.21

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash Flow	478.9	-30.6	25.3	79.1	-212.6	-2,200

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	5,323	2,787	3,563	2,645	3,212	-1,614
Free Cash Flow Growth	186.54%	-21.78%	34.70%	-17.64%	-	-
Free Cash Flow Margin	7.80%	4.67%	6.39%	5.45%	7.78%	-4.61%
Free Cash Flow Per Share	12.10	6.33	8.11	6.04	7.38	-3.72
Levered Free Cash Flow	4,701	2,299	2,805	2,119	2,024	-1,981
Unlevered Free Cash Flow	4,776	2,376	2,958	2,366	2,125	-1,932
Free Cash Flow After Leases	5,091	2,548	3,377	2,486	3,097	-1,686

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	120.4	123.8	256.8	365.2	161.9	69.27
Cash Income Tax Paid	1,274	1,076	1,077	832.5	488.4	888.28
Change in Working Capital	1,769	173.7	324.8	308	1,414	-3,185

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

Data Sources Report a data error