Forcas Studio Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	115.29	86.29	85.57	11.72	8.07	5.84
Depreciation & Amortization	3.3	3.28	2.75	3.7	2.66	2.75
Other Operating Activities	-0.4	5.97	31.99	29.6	24.73	25.59
Change in Accounts Receivable	-1.64	-59.96	-1,291	-59.33	129.39	-24.15
Change in Inventory	-352.18	-138.37	-785.46	112.49	-66.15	-27.94
Change in Accounts Payable	2.74	27.39	401.32	-36.6	-76.59	52.51
Change in Other Net Operating Assets	48.07	-25.04	-39.42	-8.18	3.04	-9.18
Operating Cash Flow	-184.75	-100.45	-1,594	53.39	25.14	25.42
Operating Cash Flow Growth	-	-	-	112.34%	-1.08%	-
Capital Expenditures	-16.09	-9.27	-47.11	-7.41	-1.12	-1.88
Sale of Property, Plant & Equipment	-0.07	0.1	-	-	-	-
Investment in Securities	52.22	52.22	-338.52	-	-	-
Other Investing Activities	5.79	5.79	-	-	-	-
Investing Cash Flow	41.85	48.84	-385.63	-7.41	-1.12	-1.88
Short-Term Debt Issued	-	-	-	9.6	19.06	30.81
Long-Term Debt Issued	-	14.53	-	-	-	-
Total Debt Issued	222.15	14.53	1,315	9.6	19.06	30.81
Short-Term Debt Repaid	-	-189.98	-	-	-	-
Long-Term Debt Repaid	-	-19.81	-	-19.07	-20.85	-32.61
Total Debt Repaid	-73.69	-209.79	-	-19.07	-20.85	-32.61
Net Debt Issued (Repaid)	148.46	-195.26	1,315	-9.47	-1.79	-1.81
Issuance of Common Stock	-	350.37	714	-	3.82	5.99
Repurchase of Common Stock	-0.14	-	-	-8.78	-	-
Other Financing Activities	-16.28	-22.49	-36.61	-29.86	-24.96	-25.88
Financing Cash Flow	132.04	132.61	1,993	-48.11	-22.93	-21.7
Miscellaneous Cash Flow Adjustments	-	0	-	-	0	-
Net Cash Flow	-10.86	81	13.42	-2.13	1.09	1.85
Free Cash Flow	-200.84	-109.72	-1,641	45.98	24.02	23.54
Free Cash Flow Growth	-	-	-	91.41%	2.03%	-
Free Cash Flow Margin	-11.79%	-7.71%	-101.34%	6.61%	4.52%	4.66%
Free Cash Flow Per Share	-11.43	-6.99	-164.04	5.34	2.89	3.31
Cash Interest Paid	15.93	22.49	36.62	20.97	18.32	18.14
Cash Income Tax Paid	53.59	43.34	27.93	-	-	-
Levered Free Cash Flow	-333.72	-146.44	-147.92	23.7	-3.53	-
Unlevered Free Cash Flow	-324.41	-133.03	-128.22	41.91	11.8	-
Change in Working Capital	-303.01	-195.99	-1,714	8.38	-10.31	-8.76

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