Ultracab (India) 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	97.22	59.78	58.17	31.42	20.44
Depreciation & Amortization	12	8.65	7.77	7.5	7.1
Loss (Gain) From Sale of Assets	0.06	-0.08	0.25	0.11	0.76
Other Operating Activities	-3.34	-0.56	-0.91	4.94	-1.33
Change in Accounts Receivable	-192.46	-105.88	26.93	-23.07	28.2
Change in Inventory	-196.37	-27.05	-58.31	-67.13	-74.49
Change in Accounts Payable	141.11	-88.08	1.69	38.43	-43.29
Change in Other Net Operating Assets	104.72	-85.88	25.52	-1.55	48.69
Operating Cash Flow	-37.06	-239.09	61.11	-9.35	-13.92
Capital Expenditures	-54.35	-17.62	-12.4	-6.65	-21.11
Sale of Property, Plant & Equipment	0.19	0.3	0.36	0.3	0.28
Other Investing Activities	1.54	-2.73	0.73	1.88	0.36
Investing Cash Flow	-52.62	-20.04	-11.3	-4.48	-20.47
Long-Term Debt Issued	16	282.86	-	16.51	39.61
Long-Term Debt Repaid	-298.04	-17.98	-49.74	-	-
Net Debt Issued (Repaid)	-282.03	264.89	-49.74	16.51	39.61
Issuance of Common Stock	399.26	-	-	-	-
Financing Cash Flow	117.23	264.89	-49.74	16.51	39.61
Miscellaneous Cash Flow Adjustments	-	-	-0	-0	-
Net Cash Flow	27.55	5.75	0.07	2.69	5.23
Free Cash Flow	-91.41	-256.71	48.72	-16	-35.03
Free Cash Flow Margin	-3.82%	-20.69%	4.54%	-1.88%	-4.96%
Free Cash Flow Per Share	-0.93	-2.69	0.51	-0.17	-0.37
Cash Income Tax Paid	39.61	24.56	19.54	8.17	6.54
Levered Free Cash Flow	-202.24	-170.05	32	-1.63	-98.94
Unlevered Free Cash Flow	-172.25	-147.27	52.72	17.53	-74.33
Change in Working Capital	-143	-306.89	-4.17	-53.31	-40.89

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