Max Estates Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-421.63	190.15	49.99
Depreciation & Amortization	248.19	149.05	106.54
Other Amortization	5.83	0.04	0.28
Loss (Gain) From Sale of Assets	-	-	0.04
Loss (Gain) From Sale of Investments	-91.85	-105.97	-
Stock-Based Compensation	7.61	10.59	-
Other Operating Activities	381.68	-153.71	97.62
Change in Accounts Receivable	8.54	-43.64	-29.66
Change in Inventory	-1,331	-3,730	188.7
Change in Accounts Payable	765.26	150.54	-118.93
Change in Other Net Operating Assets	3,134	-1,031	112.51
Operating Cash Flow	2,707	-4,564	407.08
Capital Expenditures	-3,205	-5,224	-1,288
Investment in Securities	144.77	4,584	42.89
Other Investing Activities	143.76	119.03	35.78
Investing Cash Flow	-2,917	-521.44	-1,210
Short-Term Debt Issued	-	-	89.26
Long-Term Debt Issued	639.75	8,921	1,218
Total Debt Issued	639.75	8,921	1,307
Long-Term Debt Repaid	-696.15	-3,472	-280.41
Net Debt Issued (Repaid)	-56.4	5,449	1,027
Issuance of Common Stock	5.76	2.49	-
Other Financing Activities	2,391	-238.49	-247.18
Financing Cash Flow	2,341	5,213	779.83
Net Cash Flow	2,131	127.92	-22.59
Free Cash Flow	-498.13	-9,788	-881.09
Free Cash Flow Margin	-41.73%	-753.36%	-119.91%
Free Cash Flow Per Share	-3.39	-66.22	-11.31
Cash Interest Paid	667.38	423.61	247.18
Cash Income Tax Paid	62.88	322.46	44.06
Levered Free Cash Flow	-372.52	-8,488	-
Unlevered Free Cash Flow	-106.42	-8,379	-
Change in Net Working Capital	-2,720	3,561	-

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.