HPL Electric & Power 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	937.69	435.64	301.78	77.73	99.64
Depreciation & Amortization	421.64	386.5	317.53	401.77	370.87
Other Amortization	-	-	66.11	69	78.57
Loss (Gain) From Sale of Assets	7.91	7.47	-0.23	0.36	-0.02
Other Operating Activities	912.46	963.63	817.83	680.24	633.53
Change in Accounts Receivable	-166.34	-918.21	-974.28	82.75	-492.1
Change in Inventory	-1,238	-868.1	207.08	-637.85	-35.59
Change in Accounts Payable	1,250	747.44	14.32	385.44	164.27
Change in Other Net Operating Assets	-743.21	248.43	286.65	-49.03	26.45
Operating Cash Flow	1,382	1,003	1,037	1,010	845.6
Operating Cash Flow Growth	37.82%	-3.28%	2.61%	19.49%	35.27%
Capital Expenditures	-762.02	-419.57	-432.03	-434.19	-113.74
Sale of Property, Plant & Equipment	9.38	4.02	1.44	4.6	0.06
Investment in Securities	-	-0.01	-	-	-
Other Investing Activities	51.39	21.92	32.41	16.66	32.25
Investing Cash Flow	-701.26	-393.65	-398.19	-412.94	-81.42
Short-Term Debt Issued	792.69	-	151.45	-	-
Long-Term Debt Issued	-	420.1	-	133.99	97.37
Total Debt Issued	792.69	420.1	151.45	133.99	97.37
Short-Term Debt Repaid	-	-182.56	-	-21.53	-149.5
Long-Term Debt Repaid	-488.4	-	-125.93	-	-
Total Debt Repaid	-488.4	-182.56	-125.93	-21.53	-149.5
Net Debt Issued (Repaid)	304.29	237.54	25.52	112.46	-52.13
Common Dividends Paid	-64.3	-64.3	-9.65	-9.65	-9.65
Other Financing Activities	-897.23	-896.37	-753.79	-683.15	-644.19
Financing Cash Flow	-657.24	-723.13	-737.92	-580.34	-705.97
Net Cash Flow	23.57	-113.98	-99.3	17.13	58.22
Free Cash Flow	620.05	583.23	604.77	576.22	731.87
Free Cash Flow Growth	6.31%	-3.56%	4.96%	-21.27%	-
Free Cash Flow Margin	3.65%	3.99%	4.79%	5.68%	8.36%
Free Cash Flow Per Share	9.64	9.07	9.40	8.96	11.38
Cash Interest Paid	897.23	896.37	753.79	683.15	644.19
Cash Income Tax Paid	278.09	139.48	70.92	32.28	8.82
Levered Free Cash Flow	-10.38	-231.97	-320.73	-91.84	130.33
Unlevered Free Cash Flow	451.67	233.8	78.61	265.9	479.73
Change in Working Capital	-897.63	-790.44	-466.22	-218.69	-336.97

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