Advait Energy Transitions 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	309.52	218.78	84.4	53.19	47.75
Depreciation & Amortization	34.78	26.38	36.92	17.99	20.48
Other Amortization	-	-	0.92	0.92	-
Loss (Gain) From Sale of Assets	5.99	-0.95	-	-1.13	-
Loss (Gain) From Sale of Investments	-20.68	-0.64	-	-	-
Stock-Based Compensation	9.65	11.09	-	-	-
Provision & Write-off of Bad Debts	0.38	-	-	-	-
Other Operating Activities	92.63	67.88	39.61	27.21	-21.19
Change in Accounts Receivable	-1,461	-408.43	-116.67	-87.84	-67.49
Change in Inventory	42.93	-67.19	-57.33	-11.55	-9.5
Change in Accounts Payable	1,213	75.61	160.09	72.16	25.56
Change in Other Net Operating Assets	237.31	-16.22	-20.38	45.03	0.22
Operating Cash Flow	464.74	-93.68	127.55	115.99	-4.18
Operating Cash Flow Growth	-	-	9.97%	-	-
Capital Expenditures	-144.41	-96.11	-75.54	-141.7	-1.23
Sale of Property, Plant & Equipment	4.05	6.05	-	-	-
Investment in Securities	-840.11	-10.6	-0.04	-	1
Other Investing Activities	40.95	18.49	3.25	5.31	8.61
Investing Cash Flow	-939.52	-82.17	-72.32	-136.39	8.37
Short-Term Debt Issued	-	409.6	70.87	-	-
Long-Term Debt Issued	448.64	30.26	-	0.22	-
Total Debt Issued	448.64	439.86	70.87	0.22	-
Short-Term Debt Repaid	-331.12	-	-	-	-
Long-Term Debt Repaid	-9.53	-	-6.31	-	-15.86
Total Debt Repaid	-340.64	-	-6.31	-	-15.86
Net Debt Issued (Repaid)	107.99	439.86	64.57	0.22	-15.86
Issuance of Common Stock	957.64	46.11	51	-	65.18
Common Dividends Paid	-14.7	-	-5.1	-5.1	-5.63
Other Financing Activities	-55.6	-49.97	-84.46	-11.52	8.67
Financing Cash Flow	995.33	435.99	26.01	-16.4	52.36
Miscellaneous Cash Flow Adjustments	0	-	-	0	-
Net Cash Flow	520.55	260.14	81.24	-36.8	56.56
Free Cash Flow	320.33	-189.79	52.01	-25.71	-5.41
Free Cash Flow Margin	8.03%	-9.09%	4.99%	-3.27%	-0.82%
Free Cash Flow Per Share	29.83	-18.61	5.10	-2.52	-0.61
Cash Interest Paid	97.65	64.34	26.53	11.52	9.09
Cash Income Tax Paid	103.77	60.84	24.12	18.27	18.45
Levered Free Cash Flow	-434.15	-510.16	-13.48	-38.19	-14.3
Unlevered Free Cash Flow	-397.12	-475.62	-3.34	-38.05	-8.62
Change in Working Capital	32.47	-416.23	-34.29	17.81	-51.21

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