Bharat Rasayan 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	1,409	955.12	1,246	1,760	1,639
Depreciation & Amortization	269.9	257.89	260.27	249.39	257.62
Loss (Gain) From Sale of Assets	-0.45	0.19	-	-0.12	-26.52
Loss (Gain) on Equity Investments	-158.18	-139.04	62.23	11.49	5.92
Other Operating Activities	19.65	-120.18	-139.87	-65.97	7.83
Change in Accounts Receivable	-255.69	-686.22	1,387	-1,681	-450
Change in Inventory	-237.23	564.74	-459.11	-1,086	-82.32
Change in Accounts Payable	692.9	-19.82	66.53	69.65	219.55
Change in Other Net Operating Assets	-19.97	-401.93	-289.47	88.91	131.11
Operating Cash Flow	1,720	410.76	2,133	-654.56	1,702
Operating Cash Flow Growth	318.77%	-80.75%	-	-	-35.19%
Capital Expenditures	-356.88	-270.59	-235.21	-557.13	-304.38
Sale of Property, Plant & Equipment	3.13	1.04	14.07	2.94	198.48
Investment in Securities	-1,379	-621.9	-299.24	1,059	-1,419
Other Investing Activities	163.37	-5.55	-85.1	6.4	-0.32
Investing Cash Flow	-1,569	-897	-605.49	511.36	-1,525
Short-Term Debt Issued	47.45	525.37	-	-	-
Long-Term Debt Issued	-	-	-	1,152	-
Total Debt Issued	47.45	525.37	-	1,152	-
Short-Term Debt Repaid	-	-	-1,457	-	-
Long-Term Debt Repaid	-	-	-	-	-354.11
Total Debt Repaid	-	-	-1,457	-	-354.11
Net Debt Issued (Repaid)	47.45	525.37	-1,457	1,152	-354.11
Repurchase of Common Stock	-	-	-	-1,325	-
Common Dividends Paid	-6.23	-6.23	-6.23	-6.23	-6.37
Other Financing Activities	-47.16	-29.57	-58.07	-68.18	-36.81
Financing Cash Flow	-5.94	489.57	-1,521	-247.85	-397.29
Foreign Exchange Rate Adjustments	84.93	135.17	175.6	128.12	31.43
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	-
Net Cash Flow	229.79	138.5	182.49	-262.93	-189.31
Free Cash Flow	1,363	140.17	1,898	-1,212	1,398
Free Cash Flow Growth	872.58%	-92.62%	-	-	-31.54%
Free Cash Flow Margin	11.62%	1.34%	15.38%	-9.31%	12.80%
Free Cash Flow Per Share	82.03	8.43	114.21	-72.91	82.23
Cash Interest Paid	47.16	29.57	58.07	68.18	36.81
Cash Income Tax Paid	377.07	285.5	505.21	577.96	507.9
Levered Free Cash Flow	1,169	-111.76	1,708	-1,509	1,130
Unlevered Free Cash Flow	1,199	-93.28	1,745	-1,467	1,153
Change in Working Capital	180.02	-543.23	704.74	-2,609	-181.66

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