Innokaiz India 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	-49.56	-40.75	21.02	88.62	79.16	50.92
Depreciation & Amortization	2.91	2.58	3.02	1.92	1.84	0.71
Other Operating Activities	11.77	4.5	-8.33	5.44	29.56	19.8
Change in Accounts Receivable	15.69	-25.62	195.49	-16.08	-38.13	-109.63
Change in Inventory	-0.36	-8.92	-8.22	-	-	-
Change in Accounts Payable	24.09	28.5	-126.42	49.77	33.2	66.32
Change in Other Net Operating Assets	55.17	26.15	-229.49	-137.25	-79.74	-18.8
Operating Cash Flow	59.72	-13.56	-152.93	-7.57	25.9	9.32
Operating Cash Flow Growth	-	-	-	-	177.90%	-86.27%
Capital Expenditures	-0.08	-0.08	-12.36	-	-2.99	-3.29
Investment in Securities	-6.89	-15.52	-200.56	-4.5	-8.88	-27.62
Investing Cash Flow	-8.25	-15.6	-212.92	-4.5	-11.86	-30.91
Short-Term Debt Issued	-	20.32	29.17	-	1.36	0.98
Long-Term Debt Issued	-	-	151.35	-	1.51	-
Total Debt Issued	2.6	20.32	180.52	-	2.87	0.98
Short-Term Debt Repaid	-	-	-	-3.12	-	-
Long-Term Debt Repaid	-	-10.43	-	-3.68	-	-1.69
Total Debt Repaid	-41.98	-10.43	-	-6.79	-	-1.69
Net Debt Issued (Repaid)	-39.38	9.89	180.52	-6.79	2.87	-0.71
Issuance of Common Stock	-	-	211.66	-	-	-
Other Financing Activities	-9.19	-1.86	-39.05	-2.72	-1.62	-1.51
Financing Cash Flow	-48.57	8.03	353.13	-9.51	1.25	-2.22
Miscellaneous Cash Flow Adjustments	-0	-0	0	-	0	-
Net Cash Flow	2.9	-21.14	-12.72	-21.58	15.29	-23.81
Free Cash Flow	59.64	-13.64	-165.29	-7.57	22.91	6.03
Free Cash Flow Growth	-	-	-	-	280.27%	-91.12%
Free Cash Flow Margin	61.59%	-14.37%	-21.29%	-0.34%	0.80%	0.33%
Free Cash Flow Per Share	5.85	-1.33	-16.17	-1.01	3.05	0.80
Cash Interest Paid	11.15	3.85	11.02	1.05	1.52	1.49
Cash Income Tax Paid	-	-	31.22	27.82	-	-
Levered Free Cash Flow	64.89	-3.44	-183.39	-24.88	8.68	-3.46
Unlevered Free Cash Flow	71.86	-1.03	-176.17	-24.23	9.63	-2.53
Change in Working Capital	94.6	20.11	-168.65	-103.55	-84.66	-62.11

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