Aries Agro 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	340.23	194.31	171.29	132.9	179.57
Depreciation & Amortization	93.31	77.28	78.23	57.29	63.66
Other Amortization	0.04	0.08	0.16	0.54	0.77
Loss (Gain) From Sale of Assets	3.1	-	0.27	-0.15	-0.22
Loss (Gain) on Equity Investments	-	-	-	13.39	7.75
Other Operating Activities	125.34	212.45	234.36	241.54	260.28
Change in Accounts Receivable	-45.16	50.84	1.86	46.09	-68.04
Change in Inventory	-64.23	174.72	31.98	-63.33	-27.18
Change in Accounts Payable	61.6	-144.15	-77.43	171.21	-61.19
Change in Other Net Operating Assets	538.4	199.88	104.31	87.89	209.45
Operating Cash Flow	1,053	765.42	545.04	687.37	564.85
Operating Cash Flow Growth	37.53%	40.43%	-20.71%	21.69%	-4.01%
Capital Expenditures	-325.04	-304.61	-155.4	-64.49	-144.68
Sale of Property, Plant & Equipment	10.73	-	3.4	5.93	1.67
Investment in Securities	-21.7	0.02	-4.37	-13.39	-7.75
Other Investing Activities	5.84	2.88	1.47	2.73	3.68
Investing Cash Flow	-343.33	-262.35	-163.58	-126.83	-140.02
Long-Term Debt Issued	74.55	44.33	37.75	58.18	4.7
Total Debt Issued	74.55	44.33	37.75	58.18	4.7
Short-Term Debt Repaid	-323.81	-296.25	-141.37	-345.23	-148.87
Long-Term Debt Repaid	-	-9.58	-22.22	-18.08	-21.85
Total Debt Repaid	-323.81	-305.83	-163.59	-363.31	-170.73
Net Debt Issued (Repaid)	-249.27	-261.5	-125.84	-305.13	-166.03
Common Dividends Paid	-12.99	-13.02	-10.4	-10.4	-
Other Financing Activities	-185.59	-222.82	-233.8	-244.73	-259.64
Financing Cash Flow	-447.85	-497.33	-370.05	-560.27	-425.67
Miscellaneous Cash Flow Adjustments	-	-0	-	-	-
Net Cash Flow	261.47	5.74	11.42	0.27	-0.84
Free Cash Flow	727.6	460.8	389.64	622.88	420.17
Free Cash Flow Growth	57.90%	18.26%	-37.45%	48.24%	-7.31%
Free Cash Flow Margin	11.69%	8.92%	8.25%	14.41%	11.02%
Free Cash Flow Per Share	55.95	35.44	29.96	47.90	32.31
Cash Interest Paid	173.62	213.07	217.15	233.19	241.91
Cash Income Tax Paid	97.85	91.56	59.55	69.13	64.65
Levered Free Cash Flow	444.55	255.94	88.22	294.23	140.13
Unlevered Free Cash Flow	553.06	389.11	223.94	439.98	291.32
Change in Working Capital	490.62	281.29	60.72	241.86	53.04

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