B.A.G. Convergence 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	94.07	80.52	49.9	26.07	2.26
Depreciation & Amortization	8.54	0.39	0.69	0.33	0.3
Other Amortization	-	-	-	-	0
Other Operating Activities	32.31	27.61	12.9	-1.22	-0.51
Change in Accounts Receivable	-73.34	-30.63	11.6	-28.85	-12.55
Change in Inventory	-	-	-	0.06	-
Change in Accounts Payable	2.62	-7.26	5.5	-52.64	51.13
Change in Income Taxes	-	-7.07	-	-	-
Change in Other Net Operating Assets	-28.08	-25.33	-74.87	182.43	-8.03
Operating Cash Flow	36.12	38.23	5.71	126.18	32.62
Operating Cash Flow Growth	-5.52%	569.60%	-95.47%	286.89%	2804.25%
Capital Expenditures	-53.41	-1.37	-0.64	-0.75	-
Investment in Securities	-	21.07	-10.5	0.45	-
Other Investing Activities	1.93	0.07	1.33	1.32	0.6
Investing Cash Flow	-51.49	19.76	-9.81	1.03	0.6
Short-Term Debt Issued	-	-	-	0.12	-
Long-Term Debt Issued	89.54	-	5.25	-	-
Total Debt Issued	89.54	-	5.25	0.12	-
Short-Term Debt Repaid	-	-	-	-	-7.24
Long-Term Debt Repaid	-12.54	-5.87	-	-147.19	-
Total Debt Repaid	-12.54	-5.87	-	-147.19	-7.24
Net Debt Issued (Repaid)	77	-5.87	5.25	-147.07	-7.24
Issuance of Common Stock	60	-	-	-	-
Other Financing Activities	-5	-0.03	-0.07	-0.11	-0.07
Financing Cash Flow	132.01	-5.9	5.17	-147.18	-7.31
Net Cash Flow	116.65	52.1	1.07	-19.97	25.9
Free Cash Flow	-17.29	36.86	5.07	125.44	32.62
Free Cash Flow Growth	-	627.02%	-95.96%	284.60%	13308.05%
Free Cash Flow Margin	-4.85%	12.32%	2.05%	56.21%	30.18%
Free Cash Flow Per Share	-1.11	2.49	502.03	12419.50	3229.22
Cash Interest Paid	-	-	-	-	0.02
Levered Free Cash Flow	-34.5	24.67	7.05	117.43	31.08
Unlevered Free Cash Flow	-31.57	24.67	7.05	117.43	31.1
Change in Working Capital	-98.8	-70.29	-57.78	101	30.55

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