National Fertilizers 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	1,054	1,840	1,501	4,583	-951.2	2,371
Depreciation & Amortization	3,821	3,710	3,612	3,524	3,342	3,123
Other Amortization	20.1	20.1	4.8	4.8	3.9	-
Loss (Gain) From Sale of Assets	-178.9	-153.2	-91.2	-2.4	-20.8	-11.5
Asset Writedown & Restructuring Costs	1.3	1.9	6.6	677.7	5.9	1.6
Provision & Write-off of Bad Debts	46.4	38.7	35.8	205.3	38.4	41.1
Other Operating Activities	80.4	1,334	1,008	912.5	-770.3	1,934
Change in Accounts Receivable	-18,461	8,481	58.4	-14,265	-5,265	54,817
Change in Inventory	-20,171	8,337	13,164	-8,188	-18,220	8,344
Change in Accounts Payable	7,255	2,291	-12,618	9,217	11,545	-406.7
Operating Cash Flow	-26,533	25,900	6,681	-3,332	-10,292	70,213
Operating Cash Flow Growth	-	287.66%	-	-	-	-
Capital Expenditures	-3,243	-2,040	-2,925	-2,083	-2,972	-4,187
Sale of Property, Plant & Equipment	341.6	321.5	99.4	9.6	44.6	48.8
Investment in Securities	-194.5	-1,077	-853.1	-22.3	1,594	-935.4
Other Investing Activities	223.7	120.8	333.9	38.5	40.9	106.8
Investing Cash Flow	-2,872	-2,675	-3,345	-2,057	-1,293	-4,967
Short-Term Debt Issued	-	-	7,358	9,167	13,003	-
Total Debt Issued	25,363	-	7,358	9,167	13,003	-
Short-Term Debt Repaid	-	-20,926	-	-	-	-61,987
Long-Term Debt Repaid	-	-21.1	-6,400	-971	-204.7	-183.4
Total Debt Repaid	5,842	-20,947	-6,400	-971	-204.7	-62,170
Net Debt Issued (Repaid)	31,205	-20,947	957.9	8,196	12,799	-62,170
Common Dividends Paid	-132.5	-132.5	-1,369	-	-	-
Other Financing Activities	-1,685	-2,261	-2,764	-2,937	-1,349	-2,878
Financing Cash Flow	29,388	-23,341	-3,175	5,259	11,449	-65,048
Net Cash Flow	-17.6	-115.5	161.5	-129.8	-136	198
Free Cash Flow	-29,776	23,860	3,756	-5,415	-13,265	66,026
Free Cash Flow Growth	-	535.18%	-	-	-	-
Free Cash Flow Margin	-14.45%	12.05%	1.59%	-1.83%	-8.37%	55.46%
Free Cash Flow Per Share	-60.15	48.64	7.66	-11.04	-27.04	134.59
Cash Interest Paid	1,685	2,261	2,764	2,937	1,349	2,878
Cash Income Tax Paid	134.2	-653.8	24.3	1,383	536	180.6
Levered Free Cash Flow	-30,826	21,032	1,727	-9,299	-11,941	65,286
Unlevered Free Cash Flow	-29,725	22,439	3,391	-7,419	-11,116	67,089
Change in Working Capital	-31,377	19,109	604.4	-13,236	-11,940	62,754

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