Emmvee Photovoltaic Power 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
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
Net Income	7,319	3,690	288.99	89.39	85.39
Depreciation & Amortization	2,610	1,555	417.53	426.54	263.66
Other Amortization	4.58	4.58	0.68	0.35	-
Loss (Gain) From Sale of Assets	-97.49	-0.9	-1.03	-227.81	0.6
Asset Writedown & Restructuring Costs	200.11	200.11	-	-	-
Loss (Gain) From Sale of Investments	-63.91	-16.49	-	-	-73.29
Provision & Write-off of Bad Debts	234.98	1.34	148.83	42.29	-
Other Operating Activities	2,487	1,248	298.96	196.3	290.87
Change in Accounts Receivable	4.9	-942.75	-419	281.46	409.11
Change in Inventory	-7,266	-4,522	-1,648	-209.07	-98.68
Change in Accounts Payable	-1,012	1,921	892.73	293.51	-161.31
Change in Other Net Operating Assets	-3,302	2,999	2,365	-298.18	434.2
Operating Cash Flow	1,118	6,138	2,345	594.78	1,151
Operating Cash Flow Growth	-52.32%	161.77%	294.20%	-48.30%	-
Capital Expenditures	-4,935	-9,883	-6,733	-4,446	-1,152
Sale of Property, Plant & Equipment	130.92	-	1.6	2,119	-
Cash Acquisitions	-	-	-	-	265.39
Divestitures	-	-	0.1	962.26	-
Sale (Purchase) of Intangibles	-2.26	-0.74	-13.18	-	-
Investment in Securities	509.72	-196.69	-3,268	40.65	433.24
Other Investing Activities	1,527	223.81	11.35	17.04	24.61
Investing Cash Flow	-2,770	-9,857	-10,000	-1,307	-428.88
Long-Term Debt Issued	-	7,253	9,575	2,397	-
Long-Term Debt Repaid	-	-2,192	-365.64	-1,342	-63.53
Net Debt Issued (Repaid)	3,493	5,061	9,209	1,055	-63.53
Other Financing Activities	-1,770	-979.27	-264.65	-256.42	-302.86
Financing Cash Flow	1,722	4,081	8,944	798.25	-366.39
Foreign Exchange Rate Adjustments	-24.3	0.67	0.92	2.21	-
Miscellaneous Cash Flow Adjustments	-	-	-0.68	-10.33	-0
Net Cash Flow	46.31	362.88	1,289	78.16	355.27
Free Cash Flow	-3,817	-3,746	-4,388	-3,851	-1.58
Free Cash Flow Margin	-10.15%	-16.04%	-46.10%	-62.30%	-0.03%
Free Cash Flow Per Share	-6.42	-6.31	-7.39	-6.49	-0.00
Cash Interest Paid	1,770	979.27	264.65	256.42	302.86
Cash Income Tax Paid	855.8	655.48	151.12	8.32	0.77
Levered Free Cash Flow	-	-2,946	-8,687	-4,862	-
Unlevered Free Cash Flow	-	-2,319	-8,502	-4,702	-
Change in Working Capital	-11,576	-544.41	1,191	67.72	583.31

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