Mirza International 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	-33	120.7	264.4	864.5	83.4
Depreciation & Amortization	306.1	283.3	254.6	554.5	665.4
Loss (Gain) From Sale of Assets	-10.6	-22.1	-34.3	-6	8.1
Asset Writedown & Restructuring Costs	-	-	1.3	6.4	-
Other Operating Activities	74.5	95	70.5	501.4	430.7
Change in Accounts Receivable	138.2	76.3	-286.3	-4,051	608.4
Change in Inventory	-67.6	84.9	-48.9	2,704	-130.4
Change in Accounts Payable	-75.5	-182.5	-100.3	157.2	175.6
Change in Other Net Operating Assets	-49.7	46.5	348.1	-768.1	537.2
Operating Cash Flow	282.4	502.1	469.1	-36.4	2,378
Operating Cash Flow Growth	-43.76%	7.03%	-	-	4.36%
Capital Expenditures	-465.9	-368.7	-539.6	-	-491
Sale of Property, Plant & Equipment	25.2	52.4	-	545.6	74
Investment in Securities	-4.9	-12.1	-	-	-
Other Investing Activities	156.9	77.4	4.8	3.4	10.3
Investing Cash Flow	-288.7	-251	-534.8	549	-406.7
Short-Term Debt Issued	128	72.2	-	-	-
Long-Term Debt Issued	-	-	3.6	113.4	-
Total Debt Issued	128	72.2	3.6	113.4	-
Short-Term Debt Repaid	-	-	-174.8	-	-1,353
Long-Term Debt Repaid	-8.3	-170.3	-54.1	-	-341.7
Total Debt Repaid	-8.3	-170.3	-228.9	-	-1,694
Net Debt Issued (Repaid)	119.7	-98.1	-225.3	113.4	-1,694
Common Dividends Paid	-1	-0.6	-0.5	-0.7	-
Other Financing Activities	-106.1	-118	-98	-234.1	-312.4
Financing Cash Flow	12.6	-216.7	-323.8	-121.4	-2,007
Miscellaneous Cash Flow Adjustments	-	0.1	0.1	-	-
Net Cash Flow	6.3	34.5	-389.4	391.2	-34.9
Free Cash Flow	-183.5	133.4	-70.5	-36.4	1,887
Free Cash Flow Growth	-	-	-	-	19.09%
Free Cash Flow Margin	-3.16%	2.12%	-1.08%	-0.26%	17.99%
Free Cash Flow Per Share	-1.33	0.96	-0.51	-0.30	15.69
Cash Interest Paid	106.1	118	97.9	234.1	312.7
Cash Income Tax Paid	22	59.4	117.6	-10.1	5
Levered Free Cash Flow	-287.41	-43.98	-490.99	3,840	1,085
Unlevered Free Cash Flow	-221.1	29.78	-429.8	3,986	1,341
Change in Working Capital	-54.6	25.2	-87.4	-1,957	1,191

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