Gulf Oil Lubricants 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	3,599	3,080	2,323	2,111	2,001
Depreciation & Amortization	540.85	492.46	382.46	346.74	330.25
Other Amortization	16.85	14.97	13.67	10.45	8.44
Loss (Gain) From Sale of Assets	-119	-5.51	0.6	-0.1	-2.13
Loss (Gain) From Sale of Investments	-29.89	-25.64	-22.33	-8.54	-8.66
Loss (Gain) on Equity Investments	-1.66	1.83	-0.04	0.2	-
Stock-Based Compensation	24.98	39.01	55.9	38.32	58.01
Provision & Write-off of Bad Debts	74.97	35.46	28.5	16	10.1
Other Operating Activities	-548.02	-358.76	-196.22	-374.14	-230.81
Change in Accounts Receivable	-4.28	-865.6	-784.39	-1,166	-32.21
Change in Inventory	-137.27	-114.94	46.02	-997.86	-482.48
Change in Accounts Payable	509.6	886.04	920.36	-430.39	232.91
Change in Other Net Operating Assets	26.89	235.26	-34.34	217.39	50.72
Operating Cash Flow	3,953	3,414	2,733	-237.26	1,935
Operating Cash Flow Growth	15.77%	24.92%	-	-	-18.30%
Capital Expenditures	-533.66	-276.84	-231.83	-246.06	-85.97
Sale of Property, Plant & Equipment	130.87	9.24	2.7	0.53	4.47
Cash Acquisitions	-	-405.4	-	-	-
Investment in Securities	337.04	-476.24	120.39	-353.14	-133.14
Other Investing Activities	839.21	643.46	413.01	425.61	509.81
Investing Cash Flow	773.46	-505.77	304.27	-173.06	295.17
Short-Term Debt Issued	904.64	6.69	-	1,583	-
Total Debt Issued	904.64	6.69	-	1,583	-
Short-Term Debt Repaid	-	-	-259.51	-	-1,522
Long-Term Debt Repaid	-174.32	-158.94	-116.77	-107.37	-97.06
Total Debt Repaid	-174.32	-158.94	-376.28	-107.37	-1,619
Net Debt Issued (Repaid)	730.32	-152.25	-376.28	1,476	-1,619
Issuance of Common Stock	51.79	53.45	2.24	40.2	71.31
Repurchase of Common Stock	-	-	-1,048	-	-
Common Dividends Paid	-1,961	-2,014	-247.88	-449.69	-1,043
Other Financing Activities	-318.44	-266.92	-351.27	-84.64	-181.03
Financing Cash Flow	-1,498	-2,380	-2,021	981.54	-2,772
Net Cash Flow	3,228	528.67	1,016	571.22	-542.17
Free Cash Flow	3,419	3,137	2,501	-483.32	1,849
Free Cash Flow Growth	8.97%	25.42%	-	-	-15.38%
Free Cash Flow Margin	9.41%	9.50%	8.34%	-2.21%	11.19%
Free Cash Flow Per Share	68.80	63.33	50.78	-9.53	36.68
Cash Interest Paid	318.44	266.62	344.93	72.75	181.03
Cash Income Tax Paid	1,257	1,024	934.34	761.54	551.24
Levered Free Cash Flow	3,047	2,447	2,348	-971.53	1,649
Unlevered Free Cash Flow	3,222	2,594	2,441	-951.75	1,747
Change in Working Capital	394.94	140.76	147.65	-2,377	-231.06

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