Nikita Papers 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	230.19	207.24	54.39	69.52	30.68
Depreciation & Amortization	101.25	102.22	99.17	107.23	41.07
Loss (Gain) From Sale of Assets	-	-1.75	-	-	-0.17
Other Operating Activities	163.92	166.38	114.19	108.66	47.29
Change in Accounts Receivable	142.47	-310.52	-67.69	-366.14	-202.18
Change in Inventory	-168.89	0.07	-6.45	-131.88	-187.16
Change in Accounts Payable	210.86	-85.65	-53.68	359.77	48.08
Change in Other Net Operating Assets	-879.3	-202.95	-41.7	129.95	127.3
Operating Cash Flow	-199.49	-124.97	98.24	277.11	-95.09
Operating Cash Flow Growth	-	-	-64.55%	-	-
Capital Expenditures	-23.76	-28.65	-141.2	-102.2	-480.56
Sale of Property, Plant & Equipment	-	3.02	-	0.35	0.32
Investment in Securities	-	-	-1.8	-10	-
Investing Cash Flow	-23.76	-25.64	-143	-111.85	-480.23
Short-Term Debt Issued	46.52	466.42	243.61	-	-
Long-Term Debt Issued	387.78	-	-	-	500.64
Total Debt Issued	434.3	466.42	243.61	-	500.64
Long-Term Debt Repaid	-100.75	-204.26	-90.02	-273.63	-
Net Debt Issued (Repaid)	333.56	262.16	153.6	-273.63	500.64
Issuance of Common Stock	-	60.35	-	210	-
Other Financing Activities	-165.22	-139.8	-108.46	-93.94	88.47
Financing Cash Flow	168.34	182.71	45.14	-157.57	589.11
Miscellaneous Cash Flow Adjustments	-	-	0	-	-
Net Cash Flow	-54.91	32.11	0.38	7.68	13.78
Free Cash Flow	-223.25	-153.62	-42.96	174.91	-575.65
Free Cash Flow Margin	-6.13%	-4.54%	-1.08%	4.91%	-48.76%
Free Cash Flow Per Share	-12.27	-9.09	-2.63	17.74	-59.25
Cash Interest Paid	165.22	139.8	108.46	107.52	51.1
Cash Income Tax Paid	98.98	50.21	12.09	10.81	5.6
Levered Free Cash Flow	-114.11	-288.92	-390.03	22.69	-770.43
Unlevered Free Cash Flow	-16.93	-206.89	-326.46	84.26	-740.6
Change in Working Capital	-694.86	-599.06	-169.52	-8.31	-213.96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.