Mazagon Dock Shipbuilders Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	25,834	24,135	19,370	11,190	6,108
Depreciation & Amortization	966.7	1,148	825.4	755.8	745.1
Other Amortization	-	4.2	7.4	1.5	1.5
Loss (Gain) From Sale of Assets	-20.4	-7.9	-14.8	-9	25.6
Other Operating Activities	-9,423	-13,057	-11,901	-6,359	-5,162
Change in Accounts Receivable	-14,078	7,839	-8,597	77.6	-375.6
Change in Inventory	20,054	11,763	16,435	3,432	-18,115
Change in Accounts Payable	6,651	-2,303	244.4	-18,019	-5,287
Change in Other Net Operating Assets	-58,891	-8,741	-9,532	24,086	20,432
Operating Cash Flow	-28,907	20,781	6,838	15,156	-1,626
Operating Cash Flow Growth	-	203.92%	-54.89%	-	-
Capital Expenditures	-4,765	-8,047	-4,412	-1,408	-411.9
Sale of Property, Plant & Equipment	23.8	9.2	1,047	13.1	12.7
Investment in Securities	6,519	-18,731	24,269	-6,580	-
Other Investing Activities	10,315	13,778	10,245	6,479	3,663
Investing Cash Flow	12,092	-12,991	31,148	-1,497	3,264
Short-Term Debt Repaid	-2,738	-	-	-	-
Long-Term Debt Repaid	-0.7	-	-	-	-
Total Debt Repaid	-2,739	-	-	-	-
Net Debt Issued (Repaid)	-2,739	-	-	-	-
Issuance of Common Stock	3,823	-	-	-	-
Common Dividends Paid	-7,749	-7,120	-4,478	-2,164	-1,801
Other Financing Activities	-715	-0.7	-7.5	-15.7	-31
Financing Cash Flow	-7,379	-7,120	-4,485	-2,180	-1,832
Net Cash Flow	-24,194	669.1	33,501	11,480	-194.4
Free Cash Flow	-33,673	12,733	2,426	13,748	-2,038
Free Cash Flow Growth	-	424.94%	-82.36%	-	-
Free Cash Flow Margin	-23.80%	11.14%	2.56%	17.56%	-3.55%
Free Cash Flow Per Share	-83.47	31.57	6.01	34.08	-5.05
Cash Interest Paid	-	0.7	7.5	15.7	31
Cash Income Tax Paid	-	9,425	6,772	3,122	3,025
Levered Free Cash Flow	-32,878	7,428	1,742	15,903	36,625
Unlevered Free Cash Flow	-32,431	7,488	1,797	15,960	36,709
Change in Working Capital	-46,264	8,559	-1,450	9,576	-3,345

Source: S&P Global Market Intelligence. Standard template. Financial Sources.