GE Vernova T&D India Limited (NSE:GVT&D)

GE Vernova T&D India Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	14,370	12,333	6,083	1,811	-14.9	-496.2
Depreciation & Amortization	480	464.3	473.1	501.5	553.8	578.6
Loss (Gain) From Sale of Assets	20.4	21.5	1.2	3.7	3.1	-1,591
Provision & Write-off of Bad Debts	-27.4	400	706.8	268.4	11.6	366.4
Other Operating Activities	-1,012	81.3	-50.5	1,674	330.9	878.1
Change in Accounts Receivable	-1,398	-7,473	-1,095	858.6	120.3	2,853
Change in Inventory	-4,264	-5,208	-1,197	527.1	-212.8	-429.8
Change in Accounts Payable	4,068	5,445	1,410	-1,683	-452.8	-145
Change in Other Net Operating Assets	10,202	11,035	2,704	1,223	-712.6	-1,933
Operating Cash Flow	22,438	17,099	9,036	5,184	-373.4	82.1
Operating Cash Flow Growth	114.71%	89.23%	74.31%	-	-	-97.36%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-3,669	-1,884	-873.7	-291.6	-164.3	-248.6
Sale of Property, Plant & Equipment	-	-	-	-	101.1	-
Divestitures	-	-	-	-	-	1,406
Investment in Securities	-251.6	-8.3	5.3	-4.1	91	-7.3
Other Investing Activities	-991.3	-3,216	-4,089	-1,428	1.9	7.9
Investing Cash Flow	-4,912	-5,108	-4,958	-1,724	29.7	1,158

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	-	563.5	-
Total Debt Issued	106.4	-	-	-	563.5	-
Short-Term Debt Repaid	-	-	-4.3	-2,194	-	-578.4
Long-Term Debt Repaid	-	-161.1	-154.1	-155.4	-171.7	-215.8
Lease Payments	-162.5	-161.1	-154.1	-155.4	-171.7	-215.8
Total Debt Repaid	-162.5	-161.1	-158.4	-2,349	-171.7	-794.2
Net Debt Issued (Repaid)	-56.1	-161.1	-158.4	-2,349	391.8	-794.2
Common Dividends Paid	-2,561	-1,280	-512	-	-	-
Other Financing Activities	-2.7	-28.9	-20.2	-237.6	-306.2	-230.7
Financing Cash Flow	-2,619	-1,470	-690.6	-2,587	85.6	-1,025

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	94.3	20.3	4.7	-0.6	-3.2	3.3
Miscellaneous Cash Flow Adjustments	-	-	0.1	-	-	-
Net Cash Flow	15,001	10,541	3,393	872.7	-261.3	218.5

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	18,769	15,215	8,162	4,892	-537.7	-166.5
Free Cash Flow Growth	99.52%	86.41%	66.85%	-	-	-
Free Cash Flow Margin	25.86%	24.52%	19.02%	15.44%	-1.94%	-0.54%
Free Cash Flow Per Share	73.29	59.42	31.88	19.11	-2.10	-0.65
Levered Free Cash Flow	14,791	12,372	2,787	3,102	-241.29	846.1
Unlevered Free Cash Flow	14,922	12,465	2,876	3,279	21.28	1,088
Free Cash Flow After Leases	18,606	15,054	8,008	4,737	-709.4	-382.3

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	28.9	28.9	20.2	237.6	306.2	230.7
Cash Income Tax Paid	4,920	4,920	2,055	208.9	284.6	229.5
Change in Working Capital	8,608	3,799	1,822	925.9	-1,258	345.7

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 30, 2026

Data Sources Report a data error