The Indian Hotels Company 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	19,076	12,591	10,026	-2,477	-7,201
Depreciation & Amortization	5,091	4,509	4,123	4,005	3,991
Other Amortization	90.7	33.9	38	55.1	105.2
Loss (Gain) From Sale of Assets	-6.4	23.8	-489.1	-329.6	-443.2
Asset Writedown & Restructuring Costs	61	66.1	88.1	216.9	32.9
Loss (Gain) From Sale of Investments	-3,628	-418.5	-357.6	-75.1	-901.8
Provision & Write-off of Bad Debts	58	70.6	-1.8	-17.2	125.1
Other Operating Activities	1,735	2,117	2,523	4,126	1,872
Change in Accounts Receivable	-823.6	-620	-	-	-
Change in Inventory	-65.7	-72.3	-83.8	-79.5	116.7
Change in Accounts Payable	356	1,051	-	-	-
Change in Other Net Operating Assets	-	-	324.7	1,291	-883.4
Operating Cash Flow	21,944	19,351	16,190	6,716	-3,187
Operating Cash Flow Growth	13.40%	19.53%	141.05%	-	-
Capital Expenditures	-11,169	-6,510	-4,893	-3,195	-2,185
Sale of Property, Plant & Equipment	124.7	37.9	676	489.4	599.9
Investment in Securities	-9,482	-6,370	2,276	-13,352	194
Other Investing Activities	1,601	741.1	496	-366.9	194.6
Investing Cash Flow	-18,925	-12,100	-1,446	-16,425	-1,197
Short-Term Debt Issued	983.7	1,376	589.4	2,341	1,000
Long-Term Debt Issued	1,771	-	-	12,864	10,406
Total Debt Issued	2,755	1,376	589.4	15,205	11,406
Short-Term Debt Repaid	-982.1	-1,750	-1,029	-3,567	-259.8
Long-Term Debt Repaid	-4,451	-7,318	-13,370	-29,703	-5,412
Total Debt Repaid	-5,433	-9,067	-14,400	-33,270	-5,672
Net Debt Issued (Repaid)	-2,678	-7,691	-13,810	-18,065	5,734
Issuance of Common Stock	-	-	-	39,820	-
Common Dividends Paid	-2,518	-1,545	-643.9	-524.4	-592
Other Financing Activities	-277.9	-609.9	-824.4	-4,642	-2,339
Financing Cash Flow	-5,473	-9,847	-15,279	16,588	2,804
Foreign Exchange Rate Adjustments	42.6	24.7	63	13.2	-1.7
Miscellaneous Cash Flow Adjustments	187.6	-	-	-	16
Net Cash Flow	-2,224	-2,571	-471.4	6,893	-1,566
Free Cash Flow	10,775	12,842	11,297	3,521	-5,372
Free Cash Flow Growth	-16.09%	13.68%	220.82%	-	-
Free Cash Flow Margin	12.58%	18.57%	19.13%	11.26%	-33.01%
Free Cash Flow Per Share	7.57	9.04	7.95	2.80	-4.52
Cash Interest Paid	273.4	670.6	827.7	2,806	2,321
Cash Income Tax Paid	5,811	3,089	2,504	-551.2	-233.6
Levered Free Cash Flow	7,605	8,920	7,780	-3,274	-2,395
Unlevered Free Cash Flow	8,902	10,249	9,221	-773.89	70.39
Change in Working Capital	-533.3	359.1	240.9	1,212	-766.7

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