Bright Outdoor Media 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	240.47	190.75	160.38	71.04	25.94
Depreciation & Amortization	26.02	19.62	11.47	1.16	1.81
Other Amortization	-	0.3	-	-	-
Other Operating Activities	-40.71	-26.58	-3.84	21.23	25.84
Change in Accounts Receivable	-185.63	24.85	-168.81	-93.3	52.43
Change in Inventory	10.96	-97.18	-43.68	23.1	-33.33
Change in Accounts Payable	71.38	-13.88	37.38	34.38	-3.95
Change in Other Net Operating Assets	-86.38	-47.36	-173.51	-181.13	-2.96
Operating Cash Flow	36.1	50.52	-180.6	-123.51	65.77
Operating Cash Flow Growth	-28.55%	-	-	-	-19.21%
Capital Expenditures	-5.53	-62.21	-127.58	-0.29	-0.31
Investment in Securities	-38.21	-154.7	194.22	-193.09	-3.93
Other Investing Activities	33.03	20.28	10.66	7.75	6.59
Investing Cash Flow	-10.72	-196.63	77.3	-185.63	2.35
Short-Term Debt Issued	-	-	-	89.29	-
Total Debt Issued	-	-	-	89.29	-
Short-Term Debt Repaid	-	-129.04	-194.69	-	-38.29
Total Debt Repaid	-	-129.04	-194.69	-	-38.29
Net Debt Issued (Repaid)	-	-129.04	-194.69	89.29	-38.29
Issuance of Common Stock	-	-	311.24	554.8	-
Common Dividends Paid	-10.91	-7.27	-	-	-
Other Financing Activities	-2.8	-2	-5.82	-28.85	-31.91
Financing Cash Flow	-13.72	-138.31	110.73	615.24	-70.2
Miscellaneous Cash Flow Adjustments	0	0	-	0	-
Net Cash Flow	11.66	-284.42	7.42	306.1	-2.08
Free Cash Flow	30.57	-11.7	-308.19	-123.8	65.46
Free Cash Flow Growth	-	-	-	-	-18.88%
Free Cash Flow Margin	1.97%	-0.92%	-28.84%	-13.48%	12.91%
Free Cash Flow Per Share	1.56	-0.54	-14.66	-8.06	6.61
Cash Interest Paid	-	2	5.82	28.85	30.54
Cash Income Tax Paid	-	69.38	54.08	25	9.77
Levered Free Cash Flow	29.68	-25.14	-234.64	2.82	80.15
Unlevered Free Cash Flow	31.43	-23.89	-231	20.86	99.24
Change in Working Capital	-189.67	-133.58	-348.62	-216.94	12.19

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