Niraj Cement Structurals 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	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	211.42	150.82	97.23	43.27	24.29
Depreciation & Amortization	24.47	22.18	16.57	13.74	14.24
Provision & Write-off of Bad Debts	16.29	-	-	-	-
Other Operating Activities	-118.15	-341.23	-359.5	7.06	-24.33
Change in Accounts Receivable	-36.2	-118.12	448.99	-245.2	-114.28
Change in Inventory	12.22	-5.13	-36.86	29.14	9.53
Change in Accounts Payable	-124.7	163.73	-191	79.14	225.64
Change in Other Net Operating Assets	-965.37	-600.94	293.71	-231.63	250.19
Operating Cash Flow	-980.02	-728.71	269.12	-304.49	385.29
Capital Expenditures	-51.51	-44.41	-39	-0.13	-0.43
Investment in Securities	78.35	-76.69	-6.9	-4.6	-1.69
Other Investing Activities	138.18	-67.47	-13.46	60.9	-184.77
Investing Cash Flow	170.72	-188.57	-48.56	150.76	-110.4
Short-Term Debt Issued	708.21	-	-	178.66	-
Long-Term Debt Issued	29.81	16.45	-	-	-
Total Debt Issued	738.02	16.45	-	178.66	-
Short-Term Debt Repaid	-	-1.5	-254.56	-	-119.16
Long-Term Debt Repaid	-	-	-	-54	-49.4
Total Debt Repaid	-	-1.5	-254.56	-54	-168.56
Net Debt Issued (Repaid)	738.02	14.95	-254.56	124.66	-168.56
Issuance of Common Stock	-	1,036	0.1	-	-
Other Financing Activities	-30.11	-0.8	-2.69	-76.45	-1.36
Financing Cash Flow	707.91	1,050	-257.15	48.21	-169.91
Miscellaneous Cash Flow Adjustments	-0	-	-	-0	-0.1
Net Cash Flow	-101.4	132.45	-36.58	-105.53	104.88
Free Cash Flow	-1,032	-773.11	230.12	-304.62	384.85
Free Cash Flow Margin	-18.53%	-15.25%	4.89%	-5.03%	10.80%
Free Cash Flow Per Share	-17.66	-17.98	5.73	-7.60	9.58
Cash Interest Paid	-	0.7	2.29	4.78	1.29
Cash Income Tax Paid	-	49.98	33.02	-	7.93
Levered Free Cash Flow	-950.63	-475.29	648.54	-170.77	426.12
Unlevered Free Cash Flow	-931.81	-474.85	649.96	-167.79	426.93
Change in Working Capital	-1,114	-560.47	514.83	-368.55	371.08

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