Essar Shipping 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	6,601	-1,181	16,502	-784.9	-6,204
Depreciation & Amortization	7.6	320.8	411.4	1,406	1,738
Loss (Gain) From Sale of Assets	-4.7	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	2,627	-
Loss (Gain) From Sale of Investments	-947.8	-0.4	-	-361	-2.8
Provision & Write-off of Bad Debts	958.3	674	340.9	307.6	234.1
Other Operating Activities	-7,080	257.2	-15,499	-582.6	5,203
Change in Accounts Receivable	1,623	250.5	4,479	711.2	736.9
Change in Inventory	-9.9	26.8	63.4	113.6	12.7
Change in Accounts Payable	4,813	-420	-585.7	-2,034	-751.8
Operating Cash Flow	5,306	-465	5,136	1,403	965.6
Operating Cash Flow Growth	-	-	266.08%	45.30%	-54.08%
Capital Expenditures	-1,804	-4.6	-	-	-552.7
Sale of Property, Plant & Equipment	4.9	-	465.2	4,111	-
Investment in Securities	4,444	513.5	-1	49.5	-59.5
Other Investing Activities	30.2	58.3	438.9	769.2	94.5
Investing Cash Flow	2,676	567.2	903.1	4,930	-536.6
Short-Term Debt Issued	-	7,781	-	-	-
Long-Term Debt Issued	14,214	2,838	-	-	-
Total Debt Issued	14,214	10,619	-	-	-
Short-Term Debt Repaid	-7,370	-	-	-	-
Long-Term Debt Repaid	-8,927	-11,307	-9,689	-6,238	-565.9
Total Debt Repaid	-16,296	-11,307	-9,689	-6,238	-565.9
Net Debt Issued (Repaid)	-2,082	-688.1	-9,689	-6,238	-565.9
Other Financing Activities	-25.2	-17.1	-	-29.8	-296.4
Financing Cash Flow	-2,107	-705.2	-9,689	-6,268	-862.3
Foreign Exchange Rate Adjustments	-6,022	538.7	3,723	-154.5	312.8
Miscellaneous Cash Flow Adjustments	-0.1	-	-	-	0.1
Net Cash Flow	-147.8	-64.3	72.5	-89.5	-120.4
Free Cash Flow	3,503	-469.6	5,136	1,403	412.9
Free Cash Flow Growth	-	-	266.08%	239.79%	-76.62%
Free Cash Flow Margin	3413.84%	-232.13%	846.56%	42.73%	8.75%
Free Cash Flow Per Share	16.92	-2.27	24.82	6.78	2.00
Cash Interest Paid	25.3	17.2	-	29.8	306.4
Cash Income Tax Paid	48.6	-11.8	-416	-141.4	-581.5
Levered Free Cash Flow	6,115	-436.99	-9,161	-825.35	2,322
Unlevered Free Cash Flow	6,742	59.33	-8,353	1,384	5,361
Change in Working Capital	6,426	-142.7	3,956	-1,209	-2.2

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