ESAB India 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	1,754	1,630	1,357	843.1	592.9
Depreciation & Amortization	140	131	118.8	113.3	117.1
Other Amortization	9.2	6.9	-	-	-
Loss (Gain) From Sale of Assets	0.6	-17.7	-11.5	-0.7	-0.1
Asset Writedown & Restructuring Costs	2.4	1.6	1.8	0.8	2.4
Loss (Gain) From Sale of Investments	-12.8	-6.2	-9.8	-7.7	-13.9
Provision & Write-off of Bad Debts	31.5	27.3	-15	11	-2.4
Other Operating Activities	-16.1	-5.5	72.1	24.7	-25.8
Change in Accounts Receivable	-385.7	-394.6	-135.5	-389.2	-139.4
Change in Inventory	-194	121.8	-185.3	-314.1	49.2
Change in Accounts Payable	601.4	-188.8	73.5	471.3	79.2
Change in Other Net Operating Assets	70.1	104.7	26.5	92.8	64.6
Operating Cash Flow	2,001	1,410	1,292	845.3	723.8
Operating Cash Flow Growth	41.87%	9.12%	52.89%	16.79%	26.58%
Capital Expenditures	-279.6	-284.9	-337.6	-112	-104.4
Sale of Property, Plant & Equipment	0.7	21.9	23.9	2.5	1
Investment in Securities	-211	70.4	354.3	105.4	884.8
Other Investing Activities	331	-357.3	11.1	203.7	-119.3
Investing Cash Flow	-158.9	-549.9	51.7	199.6	662.1
Long-Term Debt Repaid	-6.5	-6.5	-17.9	-15.2	-12.9
Net Debt Issued (Repaid)	-6.5	-6.5	-17.9	-15.2	-12.9
Common Dividends Paid	-1,564	-800.5	-1,201	-1,001	-1,370
Other Financing Activities	-4.3	-4.2	-3.1	-2.9	-4.1
Financing Cash Flow	-1,574	-811.2	-1,222	-1,019	-1,387
Net Cash Flow	267.5	49.2	122.4	26.3	-1.1
Free Cash Flow	1,721	1,125	954.8	733.3	619.4
Free Cash Flow Growth	52.94%	17.87%	30.21%	18.39%	65.61%
Free Cash Flow Margin	12.53%	9.05%	8.75%	8.18%	9.05%
Free Cash Flow Per Share	111.82	73.11	62.03	47.64	40.24
Cash Interest Paid	4.3	4.2	3.1	2.9	4.1
Cash Income Tax Paid	618.6	591.1	432.6	285.3	223.7
Levered Free Cash Flow	1,478	888.51	781.81	938.65	299.45
Unlevered Free Cash Flow	1,488	901.7	783.75	940.46	302.01
Change in Working Capital	91.8	-356.9	-220.8	-139.2	53.6

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