Choice International 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	2,177	1,627	1,309	600.68	535.76
Depreciation & Amortization, Total	199.47	68.75	58.2	39.93	24.49
Gain (Loss) On Sale of Investments	-36.36	-55.19	-3.56	20.21	-0.38
Stock-Based Compensation	104.03	78.73	127.76	49.35	-
Change in Accounts Receivable	-1,744	-906.25	-783.71	-360.23	81.41
Change in Accounts Payable	233.62	48.93	-60.08	112.5	48.17
Change in Other Net Operating Assets	-4,610	-4,281	-2,706	564.66	-897.23
Other Operating Activities	937.54	613.41	358.46	189.7	-7.65
Operating Cash Flow	-2,671	-2,945	-1,530	1,384	-342.78
Capital Expenditures	-244.1	-297.9	-128.37	-262.83	-34.14
Cash Acquisitions	-202.63	-863.53	-	-	-
Sale (Purchase) of Intangibles	-575.08	-404.73	-205.72	-208.64	-1.47
Investment in Securities	-1,189	-305.76	-111.48	-4.97	-174.93
Other Investing Activities	113.16	229.35	403.22	-	-924.62
Investing Cash Flow	-2,772	-1,611	-132.06	-478.79	-1,257
Long-Term Debt Issued	2,072	2,217	2,498	-	611.81
Total Debt Issued	2,072	2,217	2,498	-	611.81
Long-Term Debt Repaid	-625.02	-	-	-133.32	-
Net Debt Issued (Repaid)	1,447	2,217	2,498	-133.32	611.81
Issuance of Common Stock	-	2.77	-	-	1,073
Other Financing Activities	4,552	2,273	-258.77	-155.03	-161.19
Financing Cash Flow	5,999	4,493	2,239	-288.35	1,523
Net Cash Flow	556.54	-62.76	577.39	617.11	-46.32
Free Cash Flow	-2,915	-3,242	-1,658	1,121	-376.91
Free Cash Flow Margin	-27.62%	-37.77%	-22.96%	29.96%	-13.90%
Free Cash Flow Per Share	-15.04	-15.92	-8.27	5.62	-2.13
Cash Interest Paid	890.89	626.86	366.6	200.09	141.94
Cash Income Tax Paid	833.97	580.31	503.09	245.38	229.43

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