Zelio E-Mobility 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	283.87	160.09	63.09	30.55	12.76
Depreciation & Amortization	14.77	14.07	5.79	2.12	0.25
Other Operating Activities	25.96	20.66	13	6.25	1.13
Change in Accounts Receivable	12.5	-31.17	-6.26	-7.2	-2.64
Change in Inventory	-265.1	-181.35	-70.34	-6.79	-58.09
Change in Accounts Payable	124.96	6.12	19.03	-8.45	22.65
Change in Other Net Operating Assets	-308.98	-84.09	-13.08	-25.62	-7.34
Operating Cash Flow	-112.02	-95.66	11.24	-9.13	-31.27
Capital Expenditures	-101.36	-48.65	-46.44	-43.74	-4.94
Sale of Property, Plant & Equipment	28	-	-	-	-
Other Investing Activities	7.29	0.03	0	0	0
Investing Cash Flow	-66.07	-48.62	-46.44	-43.74	-4.94
Short-Term Debt Issued	-	139.86	18.21	29.98	22.38
Long-Term Debt Issued	564.68	72.1	37.97	34.22	14.94
Total Debt Issued	564.68	211.96	56.18	64.2	37.33
Long-Term Debt Repaid	-108.16	-46.27	-10.98	-5.66	-
Net Debt Issued (Repaid)	456.52	165.69	45.2	58.53	37.33
Issuance of Common Stock	-	-	-	-	0.3
Other Financing Activities	-21.2	-18.77	-10.48	-4.94	-1.15
Financing Cash Flow	435.32	146.93	34.73	53.59	36.48
Net Cash Flow	257.23	2.64	-0.47	0.72	0.27
Free Cash Flow	-213.38	-144.31	-35.2	-52.87	-36.21
Free Cash Flow Margin	-6.80%	-8.38%	-3.73%	-10.32%	-28.08%
Free Cash Flow Per Share	-11.38	-8.73	-2.13	-3.20	-1206.96
Cash Interest Paid	-	18.25	10.29	4.43	1.15
Cash Income Tax Paid	51.69	36.72	10.83	5.21	2.66
Levered Free Cash Flow	-295.27	-183.73	-64.46	-67.44	-
Unlevered Free Cash Flow	-282.02	-172.33	-58.02	-64.67	-
Change in Working Capital	-436.62	-290.48	-70.65	-48.06	-45.41