Emkay Global Financial Services Limited (NSE:EMKAY)

NSE:EMKAY Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	222.95	568.31	324.39	140.76	338.04	111.33
Depreciation & Amortization, Total	112.98	105.19	88.63	88.02	71.29	71.53
Gain (Loss) On Sale of Investments	-0.4	-20.35	-21.34	-4.47	-62.3	-128.88
Stock-Based Compensation	40.71	36.56	11.01	-0.9	32.39	20.52
Change in Accounts Receivable	-411.44	310.24	-198.86	-164.43	-219.21	-134.93
Change in Accounts Payable	1,696	-53.69	886.36	-163.98	197.29	-54.7
Change in Other Net Operating Assets	-1,811	-1,008	-963.54	-494.72	183.92	-391.63
Other Operating Activities	-36.82	20.18	89.29	-44.2	65.83	43.13
Operating Cash Flow	-114.35	-20.9	240.46	-634.1	597.42	-442.72
Capital Expenditures	-89.85	-68.62	-86.47	-78.38	-48.08	-26.83
Investment in Securities	-47.6	-39.62	-0.96	111.02	-1.89	-10.63
Other Investing Activities	-8.03	6.61	6.18	16.22	8.95	7.28
Investing Cash Flow	-145.19	-101.47	-81.13	50.73	-40.21	-30
Short-Term Debt Issued	-	-	175.85	39.78	9.91	20
Long-Term Debt Issued	-	460	-	-	-	-
Total Debt Issued	610	460	175.85	39.78	9.91	20
Short-Term Debt Repaid	-	-325.54	-	-	-	-
Long-Term Debt Repaid	-	-36.13	-31.79	-28.09	-33.43	-30.34
Total Debt Repaid	-239.55	-361.67	-31.79	-28.09	-33.43	-30.34
Net Debt Issued (Repaid)	370.45	98.34	144.06	11.7	-23.53	-10.34
Issuance of Common Stock	65.51	67.25	4.12	-	1.6	-
Common Dividends Paid	-102.4	-37.26	-24.67	-30.8	-24.62	-
Other Financing Activities	-87.57	-19.56	-99.41	-49.9	-26.31	-23.81
Financing Cash Flow	245.99	108.77	24.1	-69	-72.85	-34.15
Foreign Exchange Rate Adjustments	0.19	0.03	-0.04	-0.11	0.01	-0.09
Net Cash Flow	-13.36	-13.56	183.39	-652.47	484.37	-506.97
Free Cash Flow	-204.2	-89.52	153.99	-712.47	549.34	-469.55
Free Cash Flow Margin	-6.74%	-2.53%	4.97%	-33.78%	20.39%	-29.50%
Free Cash Flow Per Share	-7.80	-3.46	6.05	-28.76	21.08	-19.05
Cash Interest Paid	87.56	69.56	49.08	42.8	26.37	23.93
Cash Income Tax Paid	102.42	86.66	55.39	67.03	77.83	35.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.