Mercantile Ventures Limited (BOM:538942)

Mercantile Ventures Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	103.16	162.26	-79.83	159.42	114.98	113.32
Depreciation & Amortization	8.88	9.33	9.89	9.82	9.9	10.14
Gain (Loss) on Sale of Assets	-15	-80.22	-17.04	-	-	-
Gain (Loss) on Sale of Investments	1.33	-	-	-	-0.67	-0.4
Income (Loss) on Equity Investments	-	-	-163.01	81.56	21.18	-
Change in Accounts Receivable	-15.97	-33.35	-35.93	-14	-5.74	10.66
Change in Accounts Payable	1.27	1.81	4.76	-4.63	2.64	-4.07
Change in Other Net Operating Assets	75.81	27.93	4.42	-65.27	-428.12	10.2
Other Operating Activities	-837.04	-426.7	424.3	-387.96	175.52	106.62
Operating Cash Flow	-615.16	-328.06	392.43	-137.44	-61.4	227.17
Acquisition of Real Estate Assets	-49.77	-49.58	-8.85	-0.51	-1.79	-1.32
Sale of Real Estate Assets	-65.22	-	-	-	-	-
Net Sale / Acq. of Real Estate Assets	-114.99	-49.58	-8.85	-0.51	-1.79	-1.32
Investment in Marketable & Equity Securities	-164.79	-401.75	258.67	-325.19	-575.53	-172.08
Other Investing Activities	179.36	232.17	56.04	65.93	502.9	68.86
Investing Cash Flow	34.72	-182.81	172.32	91.6	-100.25	-126.22
Short-Term Debt Issued	-	-	-	40	-	-
Long-Term Debt Issued	-	2.38	-	-	-	-
Total Debt Issued	2.38	2.38	-	40	-	-
Short-Term Debt Repaid	-	-	-40	-	-	-
Long-Term Debt Repaid	-	-	-5.71	-	-	-
Total Debt Repaid	-	-	-45.71	-	-	-
Net Debt Issued (Repaid)	2.38	2.38	-45.71	40	-	-
Miscellaneous Cash Flow Adjustments	0	-	0	-	-	-
Net Cash Flow	-578.07	-508.5	519.05	-5.84	-161.64	100.95
Cash Income Tax Paid	28.12	36.94	20.53	24.51	26.59	30.78
Levered Free Cash Flow	134.71	76.35	59.54	346.3	-437.45	36.93
Unlevered Free Cash Flow	134.71	77.62	67.88	353.04	-430.71	43.13
Change in Working Capital	88.72	-3.63	36.51	-7.09	-431.28	16.94

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