KSB Limited Cash Flow Statement

Financials in millions INR. Fiscal year is January - December.

Millions INR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,705	2,475	2,087	1,793	1,494
Depreciation & Amortization	583	527.66	485.17	443.2	426.34
Other Amortization	-	15.58	11.61	9.41	9
Loss (Gain) From Sale of Assets	-2	-6.32	-2.21	-	3.69
Loss (Gain) on Equity Investments	-146	-134.06	-94.1	-	-64.2
Provision & Write-off of Bad Debts	4	71.89	-55.49	-41.64	30.86
Other Operating Activities	-526	-41.84	-87.69	-198.76	-401.79
Change in Accounts Receivable	-2,119	-1,642	-789.75	-1,138	-103.69
Change in Inventory	-1,432	-1.89	-815.45	-1,380	-622.09
Change in Accounts Payable	694	319.6	301.28	349.05	183.62
Change in Other Net Operating Assets	1,165	288.4	374.27	546.72	-330.77
Operating Cash Flow	926	1,871	1,415	382.44	624.86
Operating Cash Flow Growth	-50.52%	32.26%	269.99%	-38.80%	-63.56%
Capital Expenditures	-936	-1,006	-932.76	-1,069	-382.19
Sale of Property, Plant & Equipment	8	10.67	8.34	15.72	6.58
Investment in Securities	1,105	-725.29	740.62	722.03	185.32
Other Investing Activities	320	255.93	229.12	204.14	218.55
Investing Cash Flow	497	-1,464	45.32	-127.31	28.26
Short-Term Debt Issued	-	500	400	580	800
Total Debt Issued	-	500	400	580	800
Short-Term Debt Repaid	-	-500	-400	-580	-1,400
Long-Term Debt Repaid	-14	-15.07	-13.15	-12.13	-10.65
Total Debt Repaid	-14	-515.07	-413.15	-592.13	-1,411
Net Debt Issued (Repaid)	-14	-15.07	-13.15	-12.13	-610.65
Common Dividends Paid	-696	-609.14	-522.12	-435.1	-295.87
Other Financing Activities	-11	-23.87	-49.92	-58.39	-47.69
Financing Cash Flow	-721	-648.08	-585.19	-505.62	-954.21
Foreign Exchange Rate Adjustments	7	4.53	0.64	4.44	-3.94
Net Cash Flow	709	-236.27	875.74	-246.05	-305.03
Free Cash Flow	-10	865.97	482.21	-686.76	242.67
Free Cash Flow Growth	-	79.58%	-	-	-80.05%
Free Cash Flow Margin	-0.04%	3.42%	2.15%	-3.77%	1.62%
Free Cash Flow Per Share	-0.06	4.98	2.77	-3.95	1.39
Cash Interest Paid	11	23.87	49.92	58.39	47.69
Cash Income Tax Paid	1,063	667.47	695.92	604.35	762.57
Levered Free Cash Flow	-276.44	250.04	1,098	-845.56	-382.41
Unlevered Free Cash Flow	-257.69	260.1	1,125	-818.07	-360.38
Change in Working Capital	-1,692	-1,036	-929.65	-1,622	-872.93

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