NIIT Learning Systems 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	2,275	2,132	1,922	2,021	-161.24
Depreciation & Amortization	349.71	337.97	184.45	110.48	1.43
Other Amortization	269.36	253.81	286.88	312.36	6.67
Loss (Gain) From Sale of Assets	-3.72	-0.48	-2.74	-0.87	-0.66
Loss (Gain) From Sale of Investments	-284.23	-193.15	-54.02	-2.27	-0.43
Stock-Based Compensation	236.63	147.26	225.6	124.98	-
Provision & Write-off of Bad Debts	30.65	71.86	-4.63	-7.81	24.12
Other Operating Activities	72.95	278.74	-96.53	26.03	73.92
Change in Accounts Receivable	-314.79	-163.25	-417.55	-149.15	59.19
Change in Inventory	2.03	1.74	4.91	9.82	6.88
Change in Accounts Payable	73.29	-58.69	-36.36	192.73	-84.79
Change in Other Net Operating Assets	-235.84	-22.5	-484.36	128.78	-22.87
Operating Cash Flow	2,471	2,786	1,528	2,766	-97.78
Operating Cash Flow Growth	-11.30%	82.33%	-44.76%	-	-
Capital Expenditures	-478.5	-472.52	-406.58	-189.63	-0.69
Sale of Property, Plant & Equipment	6.01	4.32	7.07	-	0.89
Cash Acquisitions	-534.77	-796.71	-1,804	-40.83	-
Investment in Securities	-412.34	-654.65	-470.71	-557.14	-53.5
Other Investing Activities	127.4	100.43	123.65	122.86	5.5
Investing Cash Flow	-1,292	-1,819	-2,550	-664.74	-47.8
Long-Term Debt Issued	-	-	1,241	-	50
Total Debt Issued	-	-	1,241	-	50
Long-Term Debt Repaid	-326.11	-310.33	-185.8	-190.49	-350.55
Total Debt Repaid	-326.11	-310.33	-185.8	-190.49	-350.55
Net Debt Issued (Repaid)	-326.11	-310.33	1,055	-190.49	-300.55
Issuance of Common Stock	75.17	75.83	-	-	465
Common Dividends Paid	-372.37	-335.7	-	-743.64	-
Other Financing Activities	-102.5	-122.51	-50.13	-4.35	-21.79
Financing Cash Flow	-725.81	-692.71	1,005	-938.48	142.66
Foreign Exchange Rate Adjustments	76.48	9.45	46.09	48.58	-
Net Cash Flow	529.51	283.34	28.52	1,211	-2.91
Free Cash Flow	1,993	2,313	1,121	2,576	-98.46
Free Cash Flow Growth	-13.86%	106.31%	-56.47%	-	-
Free Cash Flow Margin	12.05%	14.89%	8.23%	22.75%	-75.60%
Free Cash Flow Per Share	14.14	16.51	8.15	22.29	-1.05
Cash Interest Paid	102.5	122.51	50.13	4.35	18.19
Cash Income Tax Paid	804.82	729.44	624.56	465.77	-22.29
Levered Free Cash Flow	1,729	2,243	1,601	2,884	-80.8
Unlevered Free Cash Flow	1,791	2,314	1,624	2,891	-69.7
Change in Working Capital	-475.31	-242.7	-933.36	182.18	-41.59

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