Wheels India 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	1,109	627.7	553.5	764.7	18.2
Depreciation & Amortization	914.3	849.1	721.3	1,010	856
Other Amortization	17.9	-	-	-	-
Loss (Gain) From Sale of Assets	2.6	-0.7	-2.4	5.3	0.2
Asset Writedown & Restructuring Costs	61.3	8.6	0.3	1	8.4
Loss (Gain) From Sale of Investments	-	-	-	24.4	1.4
Loss (Gain) on Equity Investments	-65.3	-82.6	-43.7	-37.9	-1.3
Other Operating Activities	1,520	1,352	1,011	614.2	719.6
Change in Accounts Receivable	-595.3	210.6	1,087	-1,372	-2,666
Change in Inventory	1,105	-1.7	-576.5	-2,520	-1,362
Change in Accounts Payable	84.5	325	532	1,778	3,872
Change in Other Net Operating Assets	-149.7	5.8	419.5	8.5	35.5
Operating Cash Flow	4,005	3,294	3,702	276.1	1,482
Operating Cash Flow Growth	21.59%	-11.04%	1240.82%	-81.37%	-19.36%
Capital Expenditures	-2,093	-1,503	-1,552	-1,353	-1,198
Sale of Property, Plant & Equipment	12.5	1.8	16	141.3	6.2
Investment in Securities	-111.3	-38.3	-	-	-
Other Investing Activities	59.1	42	21	7.7	15.7
Investing Cash Flow	-2,132	-1,497	-1,515	-1,204	-1,176
Short-Term Debt Issued	-	115.3	-	1,996	94.1
Long-Term Debt Issued	1,724	1,179	1,043	719.7	1,663
Total Debt Issued	1,724	1,294	1,043	2,715	1,757
Short-Term Debt Repaid	-1,157	-	-273.6	-	-
Long-Term Debt Repaid	-1,020	-1,455	-1,617	-1,162	-1,409
Total Debt Repaid	-2,177	-1,455	-1,891	-1,162	-1,409
Net Debt Issued (Repaid)	-453.4	-161.4	-848	1,553	348.6
Common Dividends Paid	-289.5	-95.9	-271.4	-24.5	-64.1
Other Financing Activities	-1,132	-1,203	-1,038	-690.5	-595.3
Financing Cash Flow	-1,875	-1,460	-2,157	838.1	-310.8
Net Cash Flow	-2.9	335.9	29.5	-89.5	-4.9
Free Cash Flow	1,912	1,791	2,150	-1,077	284
Free Cash Flow Growth	6.78%	-16.70%	-	-	-
Free Cash Flow Margin	4.03%	3.60%	4.63%	-2.71%	1.18%
Free Cash Flow Per Share	78.26	73.29	87.98	-44.74	11.80
Cash Interest Paid	1,132	1,203	1,038	690.5	595.3
Cash Income Tax Paid	102.7	278	107.8	272.3	-105.5
Levered Free Cash Flow	435.68	445.61	847.3	-1,812	-416.84
Unlevered Free Cash Flow	1,194	1,208	1,508	-1,361	-56.84
Change in Working Capital	444.5	539.7	1,462	-2,105	-120.5

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