Bharat Electronics Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	60,620	53,214	39,845	29,844	23,989
Depreciation & Amortization	5,557	4,469	4,190	4,095	3,865
Other Amortization	-	205	242.5	193.5	146.8
Loss (Gain) From Sale of Assets	-33	-25.5	-70.2	-15.2	-4.5
Asset Writedown & Restructuring Costs	482.6	12.9	966.6	249.4	-
Provision & Write-off of Bad Debts	-	-	-	3,754	-
Other Operating Activities	-5,623	-4,907	-6,759	-785.3	-1,262
Change in Accounts Receivable	-37,594	-17,240	-3,589	-13,008	4,539
Change in Inventory	-10,566	-16,721	-9,930	-10,119	-6,119
Change in Accounts Payable	2,446	-3,675	3,756	-388.9	704.5
Change in Income Taxes	-	-	-	-	-1,242
Change in Other Net Operating Assets	123.8	-9,466	17,944	-1,827	17,456
Operating Cash Flow	15,414	5,866	46,595	11,993	42,072
Operating Cash Flow Growth	162.75%	-87.41%	288.53%	-71.50%	-17.40%
Capital Expenditures	-9,854	-10,113	-6,525	-5,905	-5,546
Sale of Property, Plant & Equipment	39.3	30.5	85.3	17	74
Investment in Securities	21,092	9,517	-57,226	30,164	-45,010
Other Investing Activities	6,023	6,735	4,427	2,800	1,765
Investing Cash Flow	17,300	6,169	-59,239	27,077	-48,717
Long-Term Debt Repaid	-72.4	-59.7	-57.8	-43.3	-16.7
Net Debt Issued (Repaid)	-72.4	-59.7	-57.8	-43.3	-16.7
Common Dividends Paid	-20,829	-16,808	-14,621	-12,428	-10,233
Other Financing Activities	-67.3	-96.8	-71.4	-149.5	-526.2
Financing Cash Flow	-20,969	-16,964	-14,750	-12,621	-10,776
Net Cash Flow	11,745	-4,929	-27,394	26,448	-17,420
Free Cash Flow	5,560	-4,247	40,070	6,088	36,527
Free Cash Flow Growth	-	-	558.16%	-83.33%	-21.01%
Free Cash Flow Margin	2.01%	-1.79%	19.77%	3.43%	23.77%
Free Cash Flow Per Share	0.76	-0.58	5.48	0.83	5.00
Cash Interest Paid	67.3	96.8	71.4	149.5	50.5
Cash Income Tax Paid	20,206	16,746	14,184	10,673	8,043
Levered Free Cash Flow	-3,909	-11,677	31,067	9,094	33,433
Unlevered Free Cash Flow	-3,867	-11,618	31,110	9,185	33,462
Change in Working Capital	-45,589	-47,103	8,181	-25,342	15,339

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