Hardwyn India Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	132.06	112.31	102.36	92.81	34.07
Depreciation & Amortization	18.47	17.58	12.12	2.92	1.15
Other Operating Activities	14.49	10.74	11.41	8.48	5.71
Change in Accounts Receivable	-33.66	-114.14	-63.86	219.75	-92.1
Change in Inventory	57.83	-97.59	-141.09	-182.76	-40.67
Change in Accounts Payable	-38.3	29.17	77.72	-44.95	111.95
Change in Income Taxes	15.99	-1.79	-15.52	-	-
Change in Other Net Operating Assets	-93.94	59.31	38.23	-106.22	-21.89
Operating Cash Flow	72.94	15.6	21.38	-9.98	-1.77
Operating Cash Flow Growth	367.56%	-27.04%	-	-	-
Capital Expenditures	-26.9	-8.78	-54.02	-4.18	-6.98
Cash Acquisitions	-	-	-1.7	-	-
Investing Cash Flow	-26.9	-8.78	-55.72	-4.18	-6.98
Short-Term Debt Issued	-	-	-	-	16.72
Long-Term Debt Issued	2.52	12.29	46.68	-	-
Total Debt Issued	2.52	12.29	46.68	-	16.72
Long-Term Debt Repaid	-37	-4.19	-	-20.79	-
Total Debt Repaid	-37	-4.19	-	-20.79	-
Net Debt Issued (Repaid)	-34.48	8.11	46.68	-20.79	16.72
Issuance of Common Stock	-	-	2	44	-
Other Financing Activities	-11	-12	-11.72	-8.6	-5.82
Financing Cash Flow	-45.48	-3.89	36.96	14.61	10.9
Miscellaneous Cash Flow Adjustments	-	-	-0	-0	0
Net Cash Flow	0.56	2.93	2.62	0.44	2.15
Free Cash Flow	46.04	6.82	-32.64	-14.16	-8.75
Free Cash Flow Growth	574.65%	-	-	-	-
Free Cash Flow Margin	2.30%	0.37%	-2.14%	-0.86%	-1.03%
Free Cash Flow Per Share	0.09	0.01	-0.07	-0.03	-0.03
Cash Interest Paid	11	12	11.72	8.6	5.82
Cash Income Tax Paid	58.73	47.44	43.92	38.43	13.22
Levered Free Cash Flow	35.16	-21.02	-61.59	-58	-22.47
Unlevered Free Cash Flow	42.04	-14.79	-55.42	-53.79	-19.56
Change in Working Capital	-92.08	-125.03	-104.51	-114.18	-42.7