MSTC Limited 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	4,071	1,650	2,420	1,991	1,130
Depreciation & Amortization	66.63	65.71	213.33	205.78	177.19
Other Amortization	24.24	7.5	5.81	3.15	10.34
Loss (Gain) From Sale of Assets	-3,017	0.35	-3.05	1.83	0.58
Loss (Gain) on Equity Investments	59.69	68.69	26.54	-2.83	8.6
Provision & Write-off of Bad Debts	-	1,027	769.58	2,204	1,804
Other Operating Activities	-395.99	-1,435	-1,243	-2,086	-1,317
Change in Accounts Receivable	34.36	1,107	718.67	2,776	4,397
Change in Inventory	-	-	7.6	-7.46	18.39
Change in Accounts Payable	1,831	-5,203	5,492	-3,272	108.03
Change in Other Net Operating Assets	-70.99	-114.14	35.63	-111.4	475.49
Operating Cash Flow	2,603	-2,825	8,443	1,701	6,811
Operating Cash Flow Growth	-	-	396.28%	-75.02%	206.47%
Capital Expenditures	-246.34	-1,077	-338.53	-743.98	-359.23
Sale of Property, Plant & Equipment	0.14	0.37	6.2	527.25	13.69
Divestitures	3,175	-	-	-	-
Investment in Securities	-1,979	-2,418	-5,518	-672.38	272.25
Other Investing Activities	698.97	773.71	340.75	173.4	185.65
Investing Cash Flow	1,648	-2,720	-5,510	-715.71	112.36
Short-Term Debt Repaid	-	-	-45.03	-48.88	-770.98
Total Debt Repaid	-	-	-45.03	-48.88	-770.98
Net Debt Issued (Repaid)	-	-	-45.03	-48.88	-770.98
Common Dividends Paid	-2,886	-964.48	-1,140	-908.16	-232.32
Other Financing Activities	-5.92	-	-0.91	-26.16	-71.46
Financing Cash Flow	-2,892	-964.48	-1,186	-983.2	-1,075
Net Cash Flow	1,359	-6,510	1,746	2.27	5,849
Free Cash Flow	2,357	-3,902	8,104	957.2	6,452
Free Cash Flow Growth	-	-	746.63%	-85.17%	251.67%
Free Cash Flow Margin	75.79%	-123.39%	112.41%	10.93%	82.67%
Free Cash Flow Per Share	33.48	-55.43	115.11	13.60	91.65
Cash Interest Paid	5.92	-	0.91	26.16	71.46
Cash Income Tax Paid	688.28	603.21	604.48	397.64	234.38
Levered Free Cash Flow	3,054	-3,092	6,746	-340.89	7,175
Unlevered Free Cash Flow	3,055	-3,089	6,746	-324.54	7,219
Change in Working Capital	1,795	-4,210	6,254	-615.07	4,999

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