Marg Techno-Projects Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	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	5.62	4.13	1.38	4.92	3.49	2.7	Upgrade
Depreciation & Amortization	1.26	1.14	1.1	1.06	1.05	0.48	Upgrade
Change in Accounts Payable	-0.07	0.59	-4.28	-1.33	1.46	2.78	Upgrade
Change in Income Taxes	1.71	1.69	-	-2.55	-0.62	-	Upgrade
Change in Other Net Operating Assets	5.72	-68.82	-28.33	41.67	83.39	-247.31	Upgrade
Other Operating Activities	25.85	19.9	16.58	17.32	23.17	16.74	Upgrade
Operating Cash Flow	40.09	-41.36	-13.54	61.08	97.8	-224.61	Upgrade
Operating Cash Flow Growth	-	-	-	-37.55%	-	-	Upgrade
Capital Expenditures	-2.71	-2.64	-0.04	-0.93	-0.88	-6.96	Upgrade
Investing Cash Flow	-2.71	-2.64	-0.04	-0.93	-0.88	-6.96	Upgrade
Long-Term Debt Issued	-	47.52	-	-	-	248.27	Upgrade
Total Debt Issued	-14.35	47.52	-	-	-	248.27	Upgrade
Long-Term Debt Repaid	-	-	-3.29	-41.06	-80.1	-	Upgrade
Net Debt Issued (Repaid)	-14.35	47.52	-3.29	-41.06	-80.1	248.27	Upgrade
Other Financing Activities	-25.08	-18.84	-16.83	-17.29	-22.78	-16.19	Upgrade
Financing Cash Flow	-39.43	28.68	-20.12	-58.35	-102.88	232.09	Upgrade
Net Cash Flow	-2.04	-15.31	-33.71	1.8	-5.95	0.52	Upgrade
Free Cash Flow	37.39	-43.99	-13.59	60.15	96.92	-231.57	Upgrade
Free Cash Flow Growth	-	-	-	-37.94%	-	-	Upgrade
Free Cash Flow Margin	115.96%	-139.08%	-42.88%	182.68%	321.47%	-1235.12%	Upgrade
Free Cash Flow Per Share	4.05	-6.21	-2.26	10.03	16.13	-38.59	Upgrade
Cash Interest Paid	27.88	21.64	16.83	17.29	22.78	16.19	Upgrade
Cash Income Tax Paid	2.49	1.74	1.75	1.65	0.88	0.4	Upgrade

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