HDB Financial Services Limited (NSE:HDBFS)

HDB Financial Services Cash Flow Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	25,438	21,759	24,608	19,594	10,114
Depreciation & Amortization, Total	2,093	1,761	1,325	1,017	913.8
Gain (Loss) On Sale of Investments	27,624	20,581	9,537	12,453	24,822
Stock-Based Compensation	490	624.8	552.4	436.4	304.2
Change in Accounts Receivable	-786	-995.2	-588.5	760.6	-245
Change in Accounts Payable	-2,594	-563.2	2,172	449.3	-873.4
Change in Other Net Operating Assets	-135,215	-184,091	-211,593	-99,563	-9,654
Other Operating Activities	-4,824	3,487	5,738	-3,834	-5,674
Operating Cash Flow	-86,056	-136,263	-167,360	-68,506	19,871
Capital Expenditures	-1,436	-2,098	-1,234	-1,113	-411.3
Investment in Securities	-16,311	13,670	-20,234	10,831	-6,634
Investing Cash Flow	-17,720	11,590	-21,456	9,733	-7,033
Long-Term Debt Issued	832,437	702,736	544,157	273,069	178,264
Long-Term Debt Repaid	-748,185	-573,902	-351,082	-213,946	-193,638
Net Debt Issued (Repaid)	84,252	128,834	193,075	59,123	-15,374
Issuance of Common Stock	24,936	1,246	714.5	339.3	378.9
Common Dividends Paid	-2,455	-2,381	-2,454	-1,503	-
Financing Cash Flow	106,733	127,699	191,336	57,960	-14,995
Net Cash Flow	2,957	3,026	2,520	-813	-2,157
Free Cash Flow	-87,492	-138,361	-168,594	-69,619	19,460
Free Cash Flow Margin	-99.48%	-176.86%	-204.17%	-91.59%	35.06%
Free Cash Flow Per Share	-106.21	-173.74	-212.65	-87.96	24.63
Cash Interest Paid	68,979	58,107	41,105	38,421	36,995
Cash Income Tax Paid	9,104	6,948	7,504	6,324	5,144

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.