Lodha Developers 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	27,643	15,491	4,867	12,024	401.6
Depreciation & Amortization	1,581	1,250	843	663	727.7
Other Amortization	17	6	3	3	6.5
Loss (Gain) From Sale of Assets	1	-9	-12	-78	-64.4
Asset Writedown & Restructuring Costs	1,121	783	82	82	-
Loss (Gain) From Sale of Investments	-1,470	-135	-1,185	-117	-
Loss (Gain) on Equity Investments	14	129	52	-9	0.2
Stock-Based Compensation	735	713	765	394	-
Provision & Write-off of Bad Debts	-	1,130	11,828	-	-
Other Operating Activities	6,670	13,992	11,347	20,586	25,386
Change in Accounts Receivable	-9,749	-19,129	452	-9,423	2,310
Change in Inventory	-13,263	829	-2,045	12,726	7,301
Change in Accounts Payable	2,356	10,073	503	-16,868	-10,829
Operating Cash Flow	15,656	25,123	27,500	19,983	25,240
Operating Cash Flow Growth	-37.68%	-8.64%	37.62%	-20.83%	-33.09%
Capital Expenditures	-4,742	-1,697	-904	-445	-20.4
Sale of Property, Plant & Equipment	-	36	149	115	85.1
Investment in Securities	9,567	-27,425	7,682	1,656	-883.9
Other Investing Activities	1,235	658	805	891	710.5
Investing Cash Flow	-904	-29,470	17,778	11,390	4,199
Long-Term Debt Issued	37,950	51,298	55,167	42,446	31,714
Long-Term Debt Repaid	-54,217	-65,050	-80,565	-115,362	-42,039
Net Debt Issued (Repaid)	-16,267	-13,752	-25,398	-72,916	-10,325
Issuance of Common Stock	824	32,736	100	63,465	-
Common Dividends Paid	-2,239	-964	-	-	-
Other Financing Activities	-7,375	-8,511	-11,757	-19,427	-18,027
Financing Cash Flow	-25,057	9,509	-37,055	-28,878	-28,351
Foreign Exchange Rate Adjustments	-	-	-	-	3.4
Miscellaneous Cash Flow Adjustments	1,371	-	114	-	-
Net Cash Flow	-8,934	5,162	8,337	2,495	1,090
Free Cash Flow	10,914	23,426	26,596	19,538	25,219
Free Cash Flow Growth	-53.41%	-11.92%	36.12%	-22.53%	-32.47%
Free Cash Flow Margin	7.83%	22.46%	28.08%	21.16%	46.29%
Free Cash Flow Per Share	10.93	24.18	27.57	21.33	31.85
Cash Interest Paid	7,375	8,511	11,757	19,427	18,027
Cash Income Tax Paid	6,140	238	2,110	1,778	-857
Levered Free Cash Flow	-8,597	648	30,926	-15,263	-4,578
Unlevered Free Cash Flow	-5,603	3,232	33,542	-11,370	2,154
Change in Working Capital	-20,656	-8,227	-1,090	-13,565	-1,218

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