GAMCO 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	64.06	331.81	-85.21	1.3	-1.43	Upgrade
Depreciation & Amortization	3.46	0.25	0.11	0	0.01	Upgrade
Other Operating Activities	-40.27	1.55	2.42	-4.22	0.58	Upgrade
Change in Accounts Receivable	0.42	-5.1	2.3	-2.13	-0.19	Upgrade
Change in Inventory	20.21	-4.31	-427.66	-87.22	11.02	Upgrade
Change in Accounts Payable	-9.96	10.39	-0.01	0.01	-0.22	Upgrade
Change in Income Taxes	-	-	-	-0.3	-0.19	Upgrade
Change in Other Net Operating Assets	-414.34	73.98	450.52	80.83	-33.08	Upgrade
Operating Cash Flow	-376.65	408.79	-57.52	-13.06	-24.16	Upgrade
Capital Expenditures	-22.02	-0.19	-0.89	-	-	Upgrade
Sale (Purchase) of Intangibles	-	-	-13.32	-	-	Upgrade
Investment in Securities	-110.19	-735.61	66.03	18.76	21.98	Upgrade
Other Investing Activities	0	-	-	-	0.11	Upgrade
Investing Cash Flow	-132.21	-735.81	51.83	18.76	22.09	Upgrade
Long-Term Debt Issued	527.21	334.77	-	-	-	Upgrade
Net Debt Issued (Repaid)	527.21	334.77	-	-	-	Upgrade
Common Dividends Paid	-	-4.8	-	-	-	Upgrade
Financing Cash Flow	527.21	329.97	-	-	-	Upgrade
Net Cash Flow	18.36	2.95	-5.69	5.7	-2.07	Upgrade
Free Cash Flow	-398.67	408.59	-58.4	-13.06	-24.16	Upgrade
Free Cash Flow Margin	-63.83%	18.50%	-6.77%	-5.67%	-24.13%	Upgrade
Free Cash Flow Per Share	-7.38	7.56	-1.08	-0.24	-0.45	Upgrade
Cash Income Tax Paid	53.7	60.98	-0.81	0.22	0.13	Upgrade
Levered Free Cash Flow	229.93	83.8	-152.86	0.85	-32.8	Upgrade
Unlevered Free Cash Flow	276.53	124.53	-136.59	2.12	-32.25	Upgrade
Change in Working Capital	-403.67	74.95	25.14	-10.15	-23.32	Upgrade

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