Novus Loyalty 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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	35.85	29.62	5.47	-
Depreciation & Amortization	4.01	7.24	11.37	-
Other Amortization	-	-	0	-
Provision & Write-off of Bad Debts	-	-	1.85	-
Other Operating Activities	5.97	8.26	-0.02	-
Change in Accounts Receivable	-1.32	18.53	-27.08	-
Change in Inventory	-4.27	0.26	-2.06	-
Change in Accounts Payable	-0.99	-16.03	11.21	-
Change in Other Net Operating Assets	-6.37	-27.66	26.37	-
Operating Cash Flow	32.88	20.22	27.11	-
Operating Cash Flow Growth	62.56%	-25.40%	-	-
Capital Expenditures	-3.92	-0.65	-7.47	-
Investment in Securities	-	0.8	-	-
Other Investing Activities	0.01	0.02	-0.42	-
Investing Cash Flow	-3.91	0.17	-7.89	-
Short-Term Debt Repaid	-8.19	-27.11	-5.53	-
Total Debt Repaid	-8.19	-27.11	-5.53	-
Net Debt Issued (Repaid)	-8.19	-27.11	-5.53	-
Other Financing Activities	-2.27	-3.58	-3.5	-
Financing Cash Flow	-10.46	-30.68	-9.03	-
Net Cash Flow	18.51	-10.29	10.19	-
Free Cash Flow	28.95	19.57	19.64	-
Free Cash Flow Growth	47.92%	-0.33%	-	-
Free Cash Flow Margin	2.77%	2.67%	3.29%	-
Free Cash Flow Per Share	2.36	1.60	1.60	-
Cash Interest Paid	1.83	3.26	3.13	-
Cash Income Tax Paid	11.49	3.85	6.77	-
Levered Free Cash Flow	21.16	13.73	15.02	-
Unlevered Free Cash Flow	22.3	15.77	16.97	-
Change in Working Capital	-12.95	-24.91	8.44	-

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