Palash Securities Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	-110.2	-126.65	-96.19	-155.74	-85.46	-128.29
Depreciation & Amortization	5.07	4.76	5.76	6.37	6.28	3.53
Other Amortization	1.23	1.23	1.43	1.55	1.41	-
Loss (Gain) From Sale of Assets	0.25	-	-	-	-0.18	-0.06
Loss (Gain) From Sale of Investments	66.29	66.29	-	-	-	-
Provision & Write-off of Bad Debts	8.16	18.48	6.35	4.76	-	6.3
Other Operating Activities	-53.15	-31.91	-33.99	32.71	-30.81	10.1
Change in Accounts Receivable	-56.58	1.47	-20.98	43.88	6.26	-6.77
Change in Inventory	-71.22	-53.46	76.35	-22.53	-0.71	48.9
Change in Accounts Payable	11.8	-2.24	3.97	-5.4	18.68	-5.49
Change in Other Net Operating Assets	-19.33	73.29	-64.12	-39.65	97.25	-11.91
Operating Cash Flow	-216.33	-48.74	-121.42	-134.06	12.73	-83.68
Capital Expenditures	-10.83	-5.2	-0.12	-1.19	-3.31	-36.32
Sale of Property, Plant & Equipment	-0.25	-	-	-	-	0.07
Investment in Securities	-9.96	-26.08	-30	4	-0.02	-
Investing Cash Flow	-21.04	-31.28	-30.12	2.81	-3.34	-36.25
Short-Term Debt Issued	-	1.02	-	90.66	-	134.3
Long-Term Debt Issued	-	95.8	155	-	-	-
Total Debt Issued	148.66	96.82	155	90.66	-	134.3
Short-Term Debt Repaid	-	-	-49.86	-	-0.84	-
Long-Term Debt Repaid	-	-0.79	-28.68	-1.95	-1.71	-1.28
Total Debt Repaid	18.36	-0.79	-78.54	-1.95	-2.56	-1.28
Net Debt Issued (Repaid)	167.02	96.03	76.46	88.72	-2.56	133.01
Other Financing Activities	71.13	63.59	-20.86	90.97	-22.36	-18.07
Financing Cash Flow	238.15	159.62	55.6	179.69	-24.92	114.94
Net Cash Flow	0.79	79.61	-95.94	48.44	-15.53	-4.99
Free Cash Flow	-227.16	-53.94	-121.54	-135.25	9.41	-120
Free Cash Flow Margin	-34.39%	-10.96%	-29.43%	-25.26%	1.69%	-20.37%
Free Cash Flow Per Share	-22.69	-5.39	-12.15	-13.52	0.94	-12.00
Cash Interest Paid	27.09	34.63	20.86	27.01	22.36	13.07
Cash Income Tax Paid	12.25	9.72	14.02	7.61	7.78	6.63
Levered Free Cash Flow	-295.22	-165.12	2.27	-61.29	41.07	-95.42
Unlevered Free Cash Flow	-277.78	-146.52	18.43	-42.66	55.75	-86.46
Change in Working Capital	-135.32	19.07	-4.77	-23.71	121.48	24.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.