IVP Limited 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	113.1	122.8	280.2	176.3	45
Depreciation & Amortization	55.1	54	50.8	50.4	49.5
Other Amortization	2.2	1.4	1.2	0.8	1.1
Loss (Gain) From Sale of Assets	0.6	0.9	-	3.1	1.3
Provision & Write-off of Bad Debts	68.1	42.9	17.9	2.9	33.9
Other Operating Activities	59.3	85.7	24.8	151.5	87.2
Change in Accounts Receivable	-176.3	319.9	-11.4	-693.1	-503.7
Change in Inventory	-78.6	152.9	-127.6	-72.6	-421.8
Change in Accounts Payable	-99.9	-293.8	196.7	145.5	570
Change in Other Net Operating Assets	31.7	-32.7	-26.5	28.1	-3.9
Operating Cash Flow	-24.7	454	406.1	-207.1	-141.4
Operating Cash Flow Growth	-	11.79%	-	-	-
Capital Expenditures	-48.1	-35.6	-55.5	-30.3	-4.4
Sale of Property, Plant & Equipment	0.1	0.5	0.2	0.4	0.2
Sale (Purchase) of Real Estate	-	-	153.9	-	-
Other Investing Activities	0.9	0.5	0.8	1	0.9
Investing Cash Flow	-47.1	-34.6	99.4	-28.9	-3.3
Short-Term Debt Issued	151	477	-	342.1	230.5
Total Debt Issued	151	477	-	342.1	230.5
Short-Term Debt Repaid	-	-780.1	-369.1	-	-
Total Debt Repaid	-	-780.1	-369.1	-	-
Net Debt Issued (Repaid)	151	-303.1	-369.1	342.1	230.5
Common Dividends Paid	-10.3	-15.5	-15.5	-10.3	-
Other Financing Activities	-77.9	-87.1	-122.3	-105.9	-71
Financing Cash Flow	62.8	-405.7	-506.9	225.9	159.5
Net Cash Flow	-9	13.7	-1.4	-10.1	14.8
Free Cash Flow	-72.8	418.4	350.6	-237.4	-145.8
Free Cash Flow Growth	-	19.34%	-	-	-
Free Cash Flow Margin	-1.35%	7.66%	5.30%	-4.26%	-5.03%
Free Cash Flow Per Share	-7.05	40.52	33.95	-22.99	-14.12
Cash Interest Paid	77.9	87.1	122.3	105.9	71
Cash Income Tax Paid	53.6	51.7	66.3	10.4	1.5
Levered Free Cash Flow	-165.46	309.43	205.68	-447.03	-241.4
Unlevered Free Cash Flow	-116.78	363.8	282.18	-384.9	-197.84
Change in Working Capital	-323.1	146.3	31.2	-592.1	-359.4

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