Bharat Bijlee 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	1,337	1,314	832.23	555.79	260.5
Depreciation & Amortization	178.1	143.3	122.16	118.81	95.6
Other Amortization	14.8	11.1	7.17	1.73	1.33
Loss (Gain) From Sale of Assets	-1.8	-20.1	-0.07	0.76	2.15
Loss (Gain) From Sale of Investments	-29.9	-27.5	-16.95	-10.95	-15.03
Provision & Write-off of Bad Debts	1.9	-13.6	-	-	-
Other Operating Activities	-235.6	-63	23.03	44.48	11.07
Change in Accounts Receivable	28.1	80.9	-445.18	-1,007	514.66
Change in Inventory	-316.6	543	-993.27	398.57	-608.35
Change in Accounts Payable	374.2	156.6	550.94	-405.18	137.55
Change in Other Net Operating Assets	403.3	285.5	436.85	209.98	-11.12
Operating Cash Flow	1,753	2,411	516.91	-93.22	388.35
Operating Cash Flow Growth	-27.28%	366.35%	-	-	210.73%
Capital Expenditures	-350.7	-340.3	-158.08	-164.61	-173.18
Sale of Property, Plant & Equipment	2.9	21.3	1.95	0.06	0.01
Investment in Securities	-392.3	-2,914	116.54	-34.98	0.01
Other Investing Activities	196.1	2,713	-58.76	62.66	47.09
Investing Cash Flow	-544	-520.5	-98.35	-136.88	-126.08
Short-Term Debt Issued	-	-	88	407.64	-
Long-Term Debt Issued	-	-	-	5.78	71.32
Total Debt Issued	-	-	88	413.42	71.32
Short-Term Debt Repaid	-700	-1,375	-	-	-93.9
Long-Term Debt Repaid	-21.7	-21.4	-7.36	-	-
Total Debt Repaid	-721.7	-1,396	-7.36	-	-93.9
Net Debt Issued (Repaid)	-721.7	-1,396	80.64	413.42	-22.59
Common Dividends Paid	-393	-225.1	-168.8	-28.1	-
Other Financing Activities	-118.2	-198.1	-223.9	-210.45	-177.91
Financing Cash Flow	-1,233	-1,819	-312.06	174.87	-200.5
Net Cash Flow	-23.9	70.9	106.5	-55.22	61.77
Free Cash Flow	1,402	2,070	358.83	-257.83	215.17
Free Cash Flow Growth	-32.27%	476.96%	-	-	-
Free Cash Flow Margin	7.37%	11.06%	2.53%	-2.04%	2.94%
Free Cash Flow Per Share	124.06	183.16	31.75	-22.81	19.04
Cash Interest Paid	118.2	198.1	223.9	210.45	178.59
Cash Income Tax Paid	451.3	423.9	260.24	179.39	60.01
Levered Free Cash Flow	1,320	1,445	17.38	-541.85	2,169
Unlevered Free Cash Flow	1,388	1,564	153.1	-410.83	2,275
Change in Working Capital	489	1,066	-450.66	-803.83	32.74

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