NSE:MMEL 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
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	126.1	103.97	100.9	14.97
Depreciation & Amortization	179.87	128.62	26.26	2.75
Other Operating Activities	54.62	29.38	33.61	5.03
Change in Accounts Receivable	-93.3	-73.23	-47.69	-26.93
Change in Accounts Payable	-25.98	30.58	-12.95	46.39
Change in Other Net Operating Assets	61.93	-123.69	-26.39	-2.78
Operating Cash Flow	303.25	95.63	73.74	39.44
Operating Cash Flow Growth	217.12%	29.69%	86.96%	-
Capital Expenditures	-510.84	-536.71	-182.55	-55.42
Other Investing Activities	1.24	-	-	-
Investing Cash Flow	-509.6	-536.71	-182.55	-55.42
Short-Term Debt Issued	-	153.1	60.76	16.65
Long-Term Debt Issued	21.2	133.97	51.78	-
Total Debt Issued	21.2	287.06	112.54	16.65
Short-Term Debt Repaid	-187.95	-	-	-
Total Debt Repaid	-187.95	-	-	-
Net Debt Issued (Repaid)	-166.75	287.06	112.54	16.65
Issuance of Common Stock	409.5	174.57	-	0.1
Other Financing Activities	-20.25	-17.48	-2.57	-0
Financing Cash Flow	222.5	444.16	109.98	16.75
Net Cash Flow	16.15	3.07	1.16	0.77
Free Cash Flow	-207.6	-441.08	-108.81	-15.98
Free Cash Flow Margin	-40.35%	-119.01%	-46.54%	-20.82%
Free Cash Flow Per Share	-12.03	-36.08	-9.45	-1.39
Cash Interest Paid	20.25	14.9	2.57	-
Cash Income Tax Paid	7.4	23.98	2.94	-
Levered Free Cash Flow	-282.44	-501.49	-137.37	-
Unlevered Free Cash Flow	-269.78	-491.95	-135.68	-
Change in Working Capital	-57.34	-166.35	-87.03	16.69