Hexaware Technologies Cash Flow Statement

Financials in millions INR. Fiscal year is January - December.

Millions INR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	13,692	11,764	9,976	8,842	7,488
Depreciation & Amortization	3,287	2,778	2,819	2,444	2,241
Other Amortization	-	10	17	-	-
Loss (Gain) From Sale of Assets	-7	3	-4	-2	-5
Asset Writedown & Restructuring Costs	2,022	-	-	-	-
Loss (Gain) From Sale of Investments	-121	-140	-84	-30	-31
Stock-Based Compensation	456	353	264	406	1,240
Provision & Write-off of Bad Debts	1,258	340	500	77	248
Other Operating Activities	-3,300	1,000	445	293	197
Change in Accounts Receivable	-1,601	-4,347	-220	-5,877	-3,676
Change in Accounts Payable	1,705	3,719	1,443	2,053	2,096
Operating Cash Flow	17,391	15,480	15,156	8,206	9,798
Operating Cash Flow Growth	12.35%	2.14%	84.69%	-16.25%	-31.85%
Capital Expenditures	-1,675	-1,333	-643	-1,192	-1,092
Sale of Property, Plant & Equipment	40	21	9	2	8
Cash Acquisitions	-7,452	-8,268	-	-227	-
Investment in Securities	-1,327	2,646	-2,423	1,254	-1,192
Other Investing Activities	452	244	61	12	30
Investing Cash Flow	-9,962	-6,690	-2,996	-151	-2,246
Short-Term Debt Issued	-	2,930	-	1,213	-
Total Debt Issued	-	2,930	-	1,213	-
Short-Term Debt Repaid	-	-2,930	-837	-407	-1,937
Long-Term Debt Repaid	-1,668	-1,370	-1,033	-865	-921
Total Debt Repaid	-1,668	-4,300	-1,870	-1,272	-2,858
Net Debt Issued (Repaid)	-1,668	-1,370	-1,870	-59	-2,858
Issuance of Common Stock	599	1	3	1	3
Repurchase of Common Stock	-	-	-190	-460	-691
Common Dividends Paid	-6,995	-5,314	-5,308	-6,637	-2,409
Other Financing Activities	-244	-136	-136	-56	-65
Financing Cash Flow	-8,308	-6,819	-7,501	-7,211	-6,020
Foreign Exchange Rate Adjustments	821	61	159	285	141
Net Cash Flow	-58	2,032	4,818	1,129	1,673
Free Cash Flow	15,716	14,147	14,513	7,014	8,706
Free Cash Flow Growth	11.09%	-2.52%	106.92%	-19.43%	-36.18%
Free Cash Flow Margin	11.70%	11.81%	13.98%	7.62%	12.13%
Free Cash Flow Per Share	25.44	23.20	23.87	11.53	14.32
Cash Interest Paid	244	136	136	56	65
Cash Income Tax Paid	3,681	3,122	2,579	2,435	2,019
Levered Free Cash Flow	15,799	14,711	13,490	6,084	7,022
Unlevered Free Cash Flow	16,427	14,945	13,656	6,261	7,230
Change in Working Capital	104	-628	1,223	-3,824	-1,580

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