Nuvama Wealth Management 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	10,410	9,862	6,253	3,051	8,574
Depreciation & Amortization, Total	1,156	742.36	1,214	616.22	514.23
Gain (Loss) On Sale of Investments	603.3	39.75	427.14	-203.28	-6,498
Stock-Based Compensation	291.6	316.14	245.25	233.12	105.79
Change in Accounts Receivable	-2,526	-1,190	2,374	-49.82	-6,223
Change in Accounts Payable	-37,124	23,735	19,079	1,185	5,986
Change in Other Net Operating Assets	-251.7	-30,711	-51,905	-20,176	-10,522
Other Operating Activities	242.7	235.25	-105.83	398.62	231.77
Operating Cash Flow	-30,135	-3,711	-16,585	-18,649	-14,253
Capital Expenditures	-286.8	-330.96	-809.43	-788.82	-513.37
Cash Acquisitions	-	-	-39.89	-57.18	-29.7
Investment in Securities	-1,166	-523.69	-31.24	-958.49	-397.5
Other Investing Activities	166.9	81.96	82.29	14.7	-
Investing Cash Flow	-1,277	-652.17	-797.75	-1,772	-821.79
Long-Term Debt Issued	38,122	11,032	13,477	18,644	21,762
Long-Term Debt Repaid	-1,864	-747.35	-629.34	-411.29	-876.75
Net Debt Issued (Repaid)	36,258	10,285	12,848	18,232	20,885
Issuance of Common Stock	564.7	859.76	310.39	19.27	-
Common Dividends Paid	-5,012	-5,139	-	-	-
Other Financing Activities	-	-	-	-	500
Financing Cash Flow	31,811	6,005	13,158	18,252	21,385
Foreign Exchange Rate Adjustments	84.7	18.24	7.52	46.85	16.67
Net Cash Flow	484	1,660	-4,216	-2,123	6,652
Free Cash Flow	-30,422	-4,042	-17,394	-19,438	-14,766
Free Cash Flow Margin	-83.26%	-11.96%	-68.81%	-105.33%	-94.33%
Free Cash Flow Per Share	-163.82	-22.01	-96.88	-117.32	-84.28
Cash Income Tax Paid	3,381	3,232	2,077	728.48	690.03