Praj Industries 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	2,189	2,834	2,398	1,502	810.47
Depreciation & Amortization	850.54	428.76	294.61	221.97	221.22
Other Amortization	13.87	11.8	7.86	3.95	-
Loss (Gain) From Sale of Assets	-282.02	-1.6	3.38	-0.4	0.76
Loss (Gain) From Sale of Investments	-277.78	-264.62	-195.69	-112.21	-85.37
Stock-Based Compensation	8.39	-	7.85	29.36	0.79
Provision & Write-off of Bad Debts	247.62	231.77	255.36	73.66	95.26
Other Operating Activities	-319.79	-274.63	71.69	-64.81	48.63
Change in Accounts Receivable	672.54	-187.25	-3,060	-668.55	-1,353
Change in Inventory	-3,221	239.86	-186.89	-3,568	-518.06
Change in Accounts Payable	-114.21	-76.22	811.64	866.87	1,586
Change in Other Net Operating Assets	662.05	-947.58	1,214	3,593	1,444
Operating Cash Flow	429.64	1,994	1,621	1,877	2,251
Operating Cash Flow Growth	-78.45%	22.98%	-13.60%	-16.63%	1434.12%
Capital Expenditures	-870.39	-892.74	-353.14	-185.14	-86.71
Sale of Property, Plant & Equipment	435.4	7.82	-	0.72	1.23
Investment in Securities	998.31	624.61	-571.21	-1,300	-1,628
Other Investing Activities	149.08	159.13	79.92	87.34	69.85
Investing Cash Flow	712.4	-101.18	-844.42	-1,397	-1,643
Long-Term Debt Repaid	-321.75	-327.12	-124.87	-53.64	-40.32
Total Debt Repaid	-321.75	-327.12	-124.87	-53.64	-40.32
Net Debt Issued (Repaid)	-321.75	-327.12	-124.87	-53.64	-40.32
Issuance of Common Stock	-	9	3.6	26.21	3.44
Common Dividends Paid	-1,102	-826.6	-771.07	-396.81	-4.32
Other Financing Activities	-184.5	-94.17	-41.63	-19.31	-21.68
Financing Cash Flow	-1,608	-1,239	-933.98	-443.54	-62.88
Foreign Exchange Rate Adjustments	41.45	44.56	68.32	27.37	7.86
Net Cash Flow	-424.97	698.34	-88.75	63.48	552.66
Free Cash Flow	-440.75	1,101	1,268	1,691	2,164
Free Cash Flow Growth	-	-13.17%	-25.02%	-21.84%	2765.45%
Free Cash Flow Margin	-1.36%	3.18%	3.60%	7.22%	16.59%
Free Cash Flow Per Share	-2.40	5.99	6.90	9.21	11.80
Cash Interest Paid	184.5	94.17	41.63	19.31	21.68
Cash Income Tax Paid	1,028	1,045	625.2	450.34	148.51
Levered Free Cash Flow	-194.82	701.77	1,062	1,335	2,224
Unlevered Free Cash Flow	-79.5	760.62	1,088	1,347	2,238
Change in Working Capital	-2,000	-971.19	-1,222	222.69	1,159

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.