Bright Outdoor Media 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
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
Net Income	200.1	190.75	160.38	71.04	25.94	10.82
Depreciation & Amortization	24.08	19.62	11.47	1.16	1.81	1.97
Other Amortization	0.3	0.3	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-	4.9
Other Operating Activities	-31.9	-26.58	-3.84	21.23	25.84	39.23
Change in Accounts Receivable	-22.7	24.85	-168.81	-93.3	52.43	43.07
Change in Inventory	-42.94	-97.18	-43.68	23.1	-33.33	-30.36
Change in Accounts Payable	6.49	-13.88	37.38	34.38	-3.95	-4.73
Change in Other Net Operating Assets	-10.47	-47.36	-173.51	-181.13	-2.96	16.5
Operating Cash Flow	122.97	50.52	-180.6	-123.51	65.77	81.41
Operating Cash Flow Growth	-	-	-	-	-19.21%	934.80%
Capital Expenditures	-12.71	-62.21	-127.58	-0.29	-0.31	-0.71
Investment in Securities	-86.68	-154.7	194.22	-193.09	-3.93	0.51
Other Investing Activities	24.23	20.28	10.66	7.75	6.59	-6.68
Investing Cash Flow	-75.16	-196.63	77.3	-185.63	2.35	-6.88
Short-Term Debt Issued	-	-	-	89.29	-	-
Total Debt Issued	-	-	-	89.29	-	-
Short-Term Debt Repaid	-	-129.04	-194.69	-	-38.29	-
Long-Term Debt Repaid	-	-	-	-	-	-36.62
Total Debt Repaid	-32.91	-129.04	-194.69	-	-38.29	-36.62
Net Debt Issued (Repaid)	-32.91	-129.04	-194.69	89.29	-38.29	-36.62
Issuance of Common Stock	-	-	311.24	554.8	-	-
Common Dividends Paid	-10.91	-7.27	-	-	-	-
Other Financing Activities	-2.12	-2	-5.82	-28.85	-31.91	-39.84
Financing Cash Flow	-45.95	-138.31	110.73	615.24	-70.2	-76.46
Miscellaneous Cash Flow Adjustments	0	0	-	0	-	-0
Net Cash Flow	1.86	-284.42	7.42	306.1	-2.08	-1.93
Free Cash Flow	110.26	-11.7	-308.19	-123.8	65.46	80.7
Free Cash Flow Growth	-	-	-	-	-18.88%	1425.83%
Free Cash Flow Margin	8.33%	-0.92%	-28.84%	-13.48%	12.91%	32.53%
Free Cash Flow Per Share	-	-0.54	-14.66	-8.06	6.61	5.31
Cash Interest Paid	2.13	2	5.82	28.85	30.54	39.84
Cash Income Tax Paid	75.1	69.38	54.08	25	9.77	3.56
Levered Free Cash Flow	91.57	-25.14	-234.64	2.82	80.15	29.3
Unlevered Free Cash Flow	92.9	-23.89	-231	20.86	99.24	53.42
Change in Working Capital	-69.62	-133.58	-348.62	-216.94	12.19	24.48

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