Nuvama Wealth Management Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	8,357	6,253	3,051	8,574	-4,750
Depreciation & Amortization, Total	1,167	1,214	616.22	514.23	389.87
Gain (Loss) On Sale of Investments	195.34	427.14	-203.28	-6,498	5,679
Stock-Based Compensation	246.95	245.25	233.12	105.79	-
Change in Accounts Receivable	4,035	2,361	-49.82	-6,223	1,596
Change in Accounts Payable	-1,430	19,079	1,185	5,986	2,044
Change in Other Net Operating Assets	-26,523	-51,892	-20,176	-10,522	-16,411
Other Operating Activities	296.17	-105.83	398.62	231.77	152.58
Operating Cash Flow	-15,078	-16,584	-18,649	-14,253	-11,077
Capital Expenditures	-649.33	-809.43	-788.82	-513.37	-276.13
Cash Acquisitions	0.81	-39.89	-57.18	-29.7	-1,975
Investment in Securities	-426.04	-15.74	-958.49	-397.5	1,791
Other Investing Activities	67.49	66.79	14.7	-	-1,707
Investing Cash Flow	-1,007	-797.75	-1,772	-821.79	-931.96
Long-Term Debt Issued	-	13,477	18,644	21,762	7,380
Long-Term Debt Repaid	-	-629.34	-411.29	-876.75	-5,040
Net Debt Issued (Repaid)	17,798	12,848	18,232	20,885	2,340
Issuance of Common Stock	829.49	310.39	19.27	-	7,057
Common Dividends Paid	-2,885	-	-	-	-924.13
Other Financing Activities	-	-	-	500	-
Financing Cash Flow	15,743	13,158	18,252	21,385	8,473
Foreign Exchange Rate Adjustments	20.22	7.52	46.85	16.67	-7.17
Net Cash Flow	-321.82	-4,216	-2,123	6,652	-3,867
Free Cash Flow	-15,727	-17,393	-19,438	-14,766	-11,353
Free Cash Flow Margin	-50.48%	-67.68%	-105.33%	-94.33%	-104.83%
Free Cash Flow Per Share	-430.88	-484.36	-586.62	-421.37	-402.95
Cash Interest Paid	-	-	-	-	1,707
Cash Income Tax Paid	2,592	2,077	728.48	690.03	417.62

Source: S&P Capital IQ. Capital Markets template. Financial Sources.