IndiQube Spaces Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	-1,117	-1,396	-3,415	206.3	-188.23	-155.06
Depreciation & Amortization	5,447	4,853	3,905	541.49	376.11	360.06
Other Amortization	17.9	17.9	17.66	13.06	11.27	8.09
Gain (Loss) on Sale of Assets	-	-	-	-	0.57	18.31
Gain (Loss) on Sale of Investments	-0.72	-0.72	-0.15	-8.81	-2.58	-
Asset Writedown	-42.81	-32.56	13.29	-	-3.58	-22.33
Stock-Based Compensation	76.05	73.02	116.89	35.31	-	-
Change in Accounts Receivable	-273.78	-198.5	-261.61	-127.12	-18.5	-154.76
Change in Accounts Payable	133.75	83.96	170.57	-46.88	15.19	96.04
Change in Other Net Operating Assets	453.71	100.55	170.05	-136.18	-4.36	59.23
Other Operating Activities	2,821	2,612	4,705	-29.41	220.8	155.49
Operating Cash Flow	7,518	6,116	5,422	534.66	443.07	385.78
Operating Cash Flow Growth	38.66%	12.81%	914.06%	20.67%	14.85%	-
Acquisition of Real Estate Assets	-3,184	-2,527	-1,835	-2,078	-422.4	-533.93
Sale of Real Estate Assets	0.17	5.51	4.63	-	0.16	-
Net Sale / Acq. of Real Estate Assets	-3,184	-2,521	-1,831	-2,078	-422.24	-533.93
Investment in Marketable & Equity Securities	-4,389	-25.44	-38.45	20.16	3.19	-
Other Investing Activities	-39.43	-42.64	-57.64	-	0	-
Investing Cash Flow	-7,613	-2,590	-1,927	-2,058	-419.05	-533.93
Short-Term Debt Issued	-	499.56	-	91.92	0.94	21.12
Long-Term Debt Issued	-	1,755	780.39	863.92	1,666	377.02
Total Debt Issued	1,782	2,255	780.39	955.84	1,667	398.14
Long-Term Debt Repaid	-	-5,388	-4,245	-482.3	-1,431	-73.13
Net Debt Issued (Repaid)	-5,240	-3,134	-3,465	473.53	235.69	325.01
Issuance of Common Stock	6,169	-	-	248	-	-
Preferred Stock Issued	-	-	-	1,010	-	-
Other Financing Activities	-309.49	-240.98	-182.76	-107.29	-281.7	-186.07
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-	0
Net Cash Flow	524.59	152.05	-152.96	101.19	-21.99	-9.2
Cash Interest Paid	309.49	240.98	182.76	107.29	281.7	186.07
Cash Income Tax Paid	117.65	134.34	-203.49	108.49	51.79	3.48
Levered Free Cash Flow	-	1,643	98.17	-1,675	607.37	-
Unlevered Free Cash Flow	-	3,674	1,683	-1,616	744.3	-
Change in Working Capital	309.2	-13.99	79.01	-310.17	-7.68	0.51

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.