Ion Exchange (India) 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	2,078	1,960	1,967	1,628	1,439
Depreciation & Amortization	433.06	356.67	284.39	274.05	270.88
Other Amortization	11.83	7.38	6.47	6.38	5.87
Loss (Gain) From Sale of Assets	-3.82	-2.65	3.04	-2.15	-0.14
Loss (Gain) From Sale of Investments	1.28	-2.19	-0.01	-0.79	-1.27
Provision & Write-off of Bad Debts	2.77	54.28	33.21	32.97	70.09
Other Operating Activities	-176.32	-231.79	-323.58	-266.7	-54.72
Change in Accounts Receivable	-1,951	-2,276	-1,893	-641.88	430.07
Change in Inventory	-624.5	29.13	-412.99	-533.65	69.05
Change in Accounts Payable	818.55	1,135	278.08	-104.29	431.73
Change in Other Net Operating Assets	-269.06	268.96	684.17	522.12	-690.35
Operating Cash Flow	320.46	1,299	627.28	913.81	1,971
Operating Cash Flow Growth	-75.34%	107.16%	-31.36%	-53.63%	93.60%
Capital Expenditures	-3,204	-1,203	-598.45	-500.23	-299.53
Sale of Property, Plant & Equipment	12.99	3.96	3.42	2.63	0.15
Cash Acquisitions	-17.87	-115.93	-13.89	-	-
Investment in Securities	1,174	-620.89	-61.04	-621.96	-366.41
Other Investing Activities	389.37	335.64	265.9	199.59	373.43
Investing Cash Flow	-1,646	-1,601	-404.06	-919.98	-292.36
Long-Term Debt Issued	1,847	906.12	260.51	200.26	71.62
Long-Term Debt Repaid	-263.42	-559.51	-220.34	-269.72	-672.44
Net Debt Issued (Repaid)	1,583	346.61	40.17	-69.46	-600.82
Common Dividends Paid	-177.83	-148.19	-118.55	-118.55	-18.12
Other Financing Activities	-123.22	-114.78	-74.72	-80.62	-128.1
Financing Cash Flow	1,282	83.64	-153.11	-268.63	-747.04
Foreign Exchange Rate Adjustments	-0.31	0.25	-7.33	-6.7	26.57
Net Cash Flow	-43.46	-217.19	62.78	-281.5	957.72
Free Cash Flow	-2,883	96.14	28.83	413.58	1,671
Free Cash Flow Growth	-	233.48%	-93.03%	-75.25%	139.61%
Free Cash Flow Margin	-10.54%	0.41%	0.14%	2.62%	11.53%
Free Cash Flow Per Share	-24.32	0.81	0.24	3.49	14.10
Cash Interest Paid	113.56	117.23	83.79	83.52	116.83
Cash Income Tax Paid	718.32	751.37	746.79	713.67	498.96
Levered Free Cash Flow	-2,355	-172.8	-478.37	-253.85	1,499
Unlevered Free Cash Flow	-2,288	-108.75	-430.11	-199.4	1,568
Change in Working Capital	-2,027	-842.44	-1,344	-757.69	240.51

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