Fervent Synergies 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	2016 - 2020
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	2016 - 2020
Net Income	29.54	-128.42	2.3	-2.38	1.75	Upgrade
Depreciation & Amortization	0.38	0.4	0.4	0.37	0.37	Upgrade
Provision & Write-off of Bad Debts	-	143.12	-	-	-	Upgrade
Other Operating Activities	1.33	-1.54	1.15	-0.72	-0.11	Upgrade
Change in Accounts Receivable	-	5.97	-5.97	17.5	8.98	Upgrade
Change in Inventory	-	-	-	-	13.91	Upgrade
Change in Other Net Operating Assets	-182	-21.52	1.42	-36.69	-23.09	Upgrade
Operating Cash Flow	-150.75	-2	-0.7	-21.91	1.79	Upgrade
Operating Cash Flow Growth	-	-	-	-	-90.80%	Upgrade
Capital Expenditures	-0.02	-	-0.05	-0.07	-0.07	Upgrade
Sale (Purchase) of Real Estate	-	-	-	16.38	-	Upgrade
Investment in Securities	-	-	-	7.51	-	Upgrade
Other Investing Activities	-	-	-	0.18	0.04	Upgrade
Investing Cash Flow	-0.02	-	-0.05	24	-0.03	Upgrade
Other Financing Activities	151.21	-	-	-	-	Upgrade
Financing Cash Flow	151.21	-	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-	Upgrade
Net Cash Flow	0.43	-2	-0.75	2.09	1.77	Upgrade
Free Cash Flow	-150.78	-2	-0.75	-21.98	1.72	Upgrade
Free Cash Flow Growth	-	-	-	-	-90.07%	Upgrade
Free Cash Flow Margin	-46.45%	-0.82%	-1.61%	-314.82%	7.77%	Upgrade
Free Cash Flow Per Share	-3.02	-0.07	-0.03	-0.73	0.06	Upgrade
Cash Income Tax Paid	0.62	1.6	0.96	1.02	0.66	Upgrade
Levered Free Cash Flow	-163.73	-38.92	-0.32	-70.58	-98.54	Upgrade
Unlevered Free Cash Flow	-163.73	-38.66	-0.32	-70.58	-98.49	Upgrade
Change in Working Capital	-182	-15.55	-4.55	-19.19	-0.21	Upgrade

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