Tata Technologies 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	6,770	6,794	6,240	4,370	2,392
Depreciation & Amortization	1,016	912	784.7	676.1	706.07
Other Amortization	195.9	146.7	160.8	181	215.93
Loss (Gain) From Sale of Assets	-6.8	-9.9	-7.5	-7.4	2.84
Loss (Gain) From Sale of Investments	-169.5	-19.7	-6.7	36.7	-3.39
Loss (Gain) on Equity Investments	-40.6	-	-	-	-
Stock-Based Compensation	90.2	35.4	17.3	-	-
Provision & Write-off of Bad Debts	85	43.1	-25.7	-33.1	40.48
Other Operating Activities	-1,329	-886.9	-957.9	192	-282.09
Change in Accounts Receivable	1,716	-246.8	-3,026	-1,857	1,325
Change in Accounts Payable	-273.9	-1,895	3,026	1,102	-298.69
Change in Other Net Operating Assets	-1,060	-1,930	-2,191	-5,048	7,031
Operating Cash Flow	6,993	2,943	4,014	-387.1	11,129
Operating Cash Flow Growth	137.57%	-26.67%	-	-	316.22%
Capital Expenditures	-314.8	-918.1	-656.6	-633.8	-147.3
Sale of Property, Plant & Equipment	8	10.5	4.4	5	9.86
Investment in Securities	9,473	14,113	6,072	-93.8	-4,607
Other Investing Activities	-10,051	-9,269	-10,294	1,465	-1,992
Investing Cash Flow	-885.3	3,936	-4,874	742.1	-6,736
Long-Term Debt Repaid	-693.7	-577.7	-508.9	-438.9	-418.51
Total Debt Repaid	-693.7	-577.7	-508.9	-438.9	-418.51
Net Debt Issued (Repaid)	-693.7	-577.7	-508.9	-438.9	-418.51
Issuance of Common Stock	-	-	-	-	2.4
Repurchase of Common Stock	-	-	-2,959	-	-
Common Dividends Paid	-4,165	-4,990	-	-	-
Other Financing Activities	-5.4	-0.7	-0.8	-5.2	-24.6
Financing Cash Flow	-4,864	-5,568	-3,469	-444.1	-440.71
Foreign Exchange Rate Adjustments	233.1	58.7	474.7	-41.6	100.1
Net Cash Flow	1,476	1,370	-3,854	-130.7	4,053
Free Cash Flow	6,678	2,025	3,357	-1,021	10,982
Free Cash Flow Growth	229.73%	-39.68%	-	-	413.92%
Free Cash Flow Margin	12.92%	3.96%	7.61%	-2.89%	46.12%
Free Cash Flow Per Share	16.43	4.99	8.27	-2.52	27.06
Cash Interest Paid	5.4	0.7	0.6	3.9	24.6
Cash Income Tax Paid	3,140	3,026	2,429	1,278	1,102
Levered Free Cash Flow	9,405	4,586	-4,361	3,915	7,970
Unlevered Free Cash Flow	9,528	4,704	-4,248	4,052	8,080
Change in Working Capital	381.7	-4,071	-2,191	-5,802	8,057

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