Man Infraconstruction 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	2,827	3,004	2,586	2,164	320.15
Depreciation & Amortization	83.16	99.52	112.36	93.34	91.59
Loss (Gain) From Sale of Assets	-18.78	-116.89	-25.83	-39.49	-116.76
Asset Writedown & Restructuring Costs	-	-	6.27	-0.44	-
Loss (Gain) From Sale of Investments	-55.2	-57.43	-53.77	-42.15	3.97
Loss (Gain) on Equity Investments	236.26	-191.53	-48.36	-13.14	-12.23
Provision & Write-off of Bad Debts	-6.2	45.67	-0.77	-37.78	-58.86
Other Operating Activities	-597.79	-185.96	873.3	-594.43	412.54
Change in Accounts Receivable	1,246	3,516	-1,548	463.34	-164.05
Change in Inventory	-250.37	-1,244	687.13	-410.28	-228.21
Change in Accounts Payable	-2,033	873.83	1,811	243.43	555.81
Change in Other Net Operating Assets	-101.1	-16.84	82.08	42.03	-20.97
Operating Cash Flow	1,330	5,726	4,480	1,868	783
Operating Cash Flow Growth	-76.77%	27.80%	139.85%	138.57%	-11.09%
Capital Expenditures	-30.19	-	-74.18	-	-
Sale of Property, Plant & Equipment	-	67.42	-	44.47	282.68
Investment in Securities	699	-3,226	-227.41	-855.01	-1,102
Other Investing Activities	-1,819	-808.24	-714.7	1,086	-22.71
Investing Cash Flow	-1,150	-3,966	-1,016	275.12	-842.06
Long-Term Debt Issued	-	-	-	430.33	937.5
Total Debt Issued	-	-	-	430.33	937.5
Long-Term Debt Repaid	-1,187	-354.71	-3,690	-	-
Total Debt Repaid	-1,187	-354.71	-3,690	-	-
Net Debt Issued (Repaid)	-1,187	-354.71	-3,690	430.33	937.5
Issuance of Common Stock	469.55	-	-	-	-
Common Dividends Paid	-335.94	-601.43	-334.13	-311.85	-222.75
Other Financing Activities	-103.88	677.58	-554.28	-1,031	-514.7
Financing Cash Flow	-1,158	-278.56	-4,578	-912.97	200.05
Miscellaneous Cash Flow Adjustments	-0.12	-2.39	-	0.88	-0
Net Cash Flow	-977.89	1,479	-1,114	1,231	140.99
Free Cash Flow	1,300	5,726	4,406	1,868	783
Free Cash Flow Growth	-77.30%	29.95%	135.88%	138.57%	-11.09%
Free Cash Flow Margin	11.73%	45.32%	23.31%	19.43%	18.33%
Free Cash Flow Per Share	3.49	15.35	11.87	5.03	2.11
Cash Interest Paid	85.28	366.02	554.28	590.81	521.61
Cash Income Tax Paid	804.86	754.48	756.47	947.88	249.98
Levered Free Cash Flow	-2,057	1,976	2,279	114.6	-324.12
Unlevered Free Cash Flow	-2,009	2,111	2,590	487.42	28.53
Change in Working Capital	-1,139	3,129	1,031	338.53	142.59

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