Naman In-Store (India) Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	17.99	62.8	92.72	43.55	2.12	0.51
Depreciation & Amortization	36.34	39.31	38.9	23.5	14.64	3.22
Other Amortization	0.29	0.29	-	-	0.23	0.12
Loss (Gain) From Sale of Assets	0.01	-0.32	0.18	0.04	0.03	-0.27
Other Operating Activities	-9.29	14.87	51.01	32.57	10.45	4.09
Change in Accounts Receivable	76.73	-113.18	66.95	-167.4	-18.8	-45.01
Change in Inventory	-4.99	-77.72	-150.57	-24.78	-86.9	-45.81
Change in Accounts Payable	-112.1	-20.48	-22.65	102.68	44.39	53.87
Change in Other Net Operating Assets	-6.62	-0.54	-3.57	-17.45	-6.27	-10.17
Operating Cash Flow	-1.63	-94.96	72.97	-7.31	-40.1	-39.45
Capital Expenditures	-96.26	-80.36	-61.6	-67.98	-35.89	-62.74
Sale of Property, Plant & Equipment	0.91	0.52	0.55	-	0.09	0.59
Investment in Securities	-61.92	-230.01	-	-0.9	-0.86	-0.48
Other Investing Activities	18.81	14.11	1.2	0.89	0.03	0.06
Investing Cash Flow	-138.45	-295.75	-59.85	-67.98	-36.64	-62.57
Short-Term Debt Issued	-	-	57.53	100.78	60.77	53.31
Long-Term Debt Issued	-	-	-	4.64	25.23	48.4
Total Debt Issued	6.89	-	57.53	105.42	86	101.71
Short-Term Debt Repaid	-	-150.77	-	-	-	-
Long-Term Debt Repaid	-	-29.43	-16.61	-	-	-
Total Debt Repaid	-181.83	-180.2	-16.61	-	-	-
Net Debt Issued (Repaid)	-174.94	-180.2	40.92	105.42	86	101.71
Issuance of Common Stock	348.39	348.39	248.04	-	5	-
Other Financing Activities	-32.9	-37.57	-42.8	-31.04	-11.34	-3.38
Financing Cash Flow	140.54	130.61	246.15	74.37	79.66	98.33
Net Cash Flow	0.48	-260.1	259.27	-0.92	2.92	-3.69
Free Cash Flow	-97.89	-175.32	11.37	-75.28	-75.99	-102.19
Free Cash Flow Margin	-6.19%	-11.27%	0.78%	-5.02%	-14.90%	-76.38%
Free Cash Flow Per Share	-12.85	-14.91	1.47	-9.78	-2.80	-20.12
Cash Interest Paid	32.9	37.57	42.8	31.04	11.34	3.38
Cash Income Tax Paid	35.62	33.26	25.17	11.48	2.3	0.63
Levered Free Cash Flow	60.01	-210.24	-26.01	-76.02	-84.32	-100.06
Unlevered Free Cash Flow	80.41	-186.93	-0.79	-57.25	-77.74	-98.37
Change in Working Capital	-46.98	-211.91	-109.84	-106.96	-67.58	-47.11

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.