AVP Infracon 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	2019 - 2020
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	2019 - 2020
Net Income	331.01	186.67	115.18	-	-	Upgrade
Depreciation & Amortization	44.18	33.79	29.03	-	-	Upgrade
Other Operating Activities	179.16	100.11	88.18	-	-	Upgrade
Change in Accounts Receivable	-120.09	-533.2	35.98	-	-	Upgrade
Change in Inventory	-176.9	-99.33	-388.5	-	-	Upgrade
Change in Accounts Payable	-244.79	34.6	177.48	-	-	Upgrade
Change in Other Net Operating Assets	-161.62	17.12	60.37	-	-	Upgrade
Operating Cash Flow	-149.05	-260.24	117.71	-	-	Upgrade
Capital Expenditures	-491.71	-55.62	-89.71	-	-	Upgrade
Sale of Property, Plant & Equipment	6.41	-	-	-	-	Upgrade
Investment in Securities	-40.52	-	-0.5	-	-	Upgrade
Other Investing Activities	-172.01	2.53	-4.05	-	-	Upgrade
Investing Cash Flow	-697.83	-53.09	-94.26	-	-	Upgrade
Short-Term Debt Issued	859.25	-	-	-	-	Upgrade
Long-Term Debt Issued	214.45	-	50.42	-	-	Upgrade
Total Debt Issued	1,074	-	50.42	-	-	Upgrade
Long-Term Debt Repaid	-	-37.26	-	-	-	Upgrade
Net Debt Issued (Repaid)	1,074	-37.26	50.42	-	-	Upgrade
Issuance of Common Stock	-	523.44	20.67	-	-	Upgrade
Other Financing Activities	-101.33	-107.75	-43.88	-	-	Upgrade
Financing Cash Flow	972.37	378.44	27.21	-	-	Upgrade
Net Cash Flow	125.49	65.11	50.67	-	-	Upgrade
Free Cash Flow	-640.76	-315.86	28.01	-	-	Upgrade
Free Cash Flow Margin	-21.72%	-19.59%	2.43%	-	-	Upgrade
Free Cash Flow Per Share	-25.65	-17.35	1.56	-	-	Upgrade
Cash Interest Paid	112.12	62.16	41.07	-	-	Upgrade
Cash Income Tax Paid	45.42	37.5	-	-	-	Upgrade
Levered Free Cash Flow	-799.08	-429.87	-237.01	-	-	Upgrade
Unlevered Free Cash Flow	-717.97	-391.01	-211.34	-	-	Upgrade
Change in Net Working Capital	635.13	571.59	271.91	98.46	89.98	Upgrade

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