Euro Panel Products 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	2019 - 2020
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	2019 - 2020
Net Income	184.31	146.11	100.79	130.91	36.12	Upgrade
Depreciation & Amortization	66.73	45.03	42.85	37.95	29.88	Upgrade
Other Amortization	0.28	0.28	0.32	0.47	-	Upgrade
Loss (Gain) From Sale of Assets	-0.52	-1.41	-0.11	0.08	-	Upgrade
Other Operating Activities	114.34	90.42	75.35	58.71	60.15	Upgrade
Change in Accounts Receivable	-63.62	-34.63	-90.34	-46.25	-79.24	Upgrade
Change in Inventory	-9.58	-246.35	-229.49	-279.43	-27.8	Upgrade
Change in Accounts Payable	-182.71	64.57	27.31	46.86	52.71	Upgrade
Change in Other Net Operating Assets	-15.08	-3.99	250.83	-88.06	-2.55	Upgrade
Operating Cash Flow	94.13	60.04	177.5	-138.75	69.27	Upgrade
Operating Cash Flow Growth	56.79%	-66.18%	-	-	-29.95%	Upgrade
Capital Expenditures	-216.7	-327.83	-76.3	-17.65	-37.76	Upgrade
Sale of Property, Plant & Equipment	4.63	8.08	0.41	0.04	-	Upgrade
Investment in Securities	11.43	5.31	-18.22	-0.56	-0.32	Upgrade
Other Investing Activities	1.34	3.17	3.11	1.12	-0.32	Upgrade
Investing Cash Flow	-199.29	-311.28	-91	-17.05	-38.39	Upgrade
Short-Term Debt Issued	246.69	285.81	-	-	-	Upgrade
Long-Term Debt Issued	-	68.14	-	-	41	Upgrade
Total Debt Issued	246.69	353.96	-	-	41	Upgrade
Long-Term Debt Repaid	-19.37	-16.59	-17.66	-193.05	-	Upgrade
Net Debt Issued (Repaid)	227.32	337.36	-17.66	-193.05	41	Upgrade
Issuance of Common Stock	-	-	-	454.64	-	Upgrade
Other Financing Activities	-120.99	-96.6	-75.59	-74.09	-62.45	Upgrade
Financing Cash Flow	106.33	240.76	-93.25	187.49	-21.45	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	0	0	-	Upgrade
Net Cash Flow	1.17	-10.48	-6.74	31.7	9.42	Upgrade
Free Cash Flow	-122.56	-267.8	101.21	-156.4	31.51	Upgrade
Free Cash Flow Margin	-2.90%	-6.77%	3.06%	-7.21%	2.21%	Upgrade
Free Cash Flow Per Share	-5.00	-10.93	4.13	-7.91	1.75	Upgrade
Cash Interest Paid	-	-	69.45	65.4	62.45	Upgrade
Cash Income Tax Paid	58.13	54	32.3	49.5	21.95	Upgrade
Levered Free Cash Flow	-259.63	-371.72	-223.83	-230.92	-29.47	Upgrade
Unlevered Free Cash Flow	-192.81	-315.8	-180.42	-190.05	9.56	Upgrade
Change in Working Capital	-271	-220.4	-41.7	-366.87	-56.88	Upgrade

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