Ramky Infrastructure 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	1,975	3,078	11,406	236.21	195.63
Depreciation & Amortization	509.99	483.83	417.64	314.12	319.32
Other Amortization	-	-	0.19	0.76	0.9
Loss (Gain) From Sale of Assets	-15.85	18.39	-47.09	-17.23	-28.55
Loss (Gain) From Sale of Investments	0.34	1.15	-	-	-
Other Operating Activities	1,854	2,228	6,219	4,194	2,873
Change in Accounts Receivable	21.88	-1,977	533.05	-1,536	-236.33
Change in Inventory	-583.62	-171.91	-81.93	-223.53	170.89
Change in Accounts Payable	552.64	1,150	280.52	1,609	865.43
Change in Other Net Operating Assets	-585.59	-1,109	7,379	-1,800	-1,940
Operating Cash Flow	3,729	3,702	26,105	2,777	2,221
Operating Cash Flow Growth	0.73%	-85.82%	840.17%	25.00%	-15.62%
Capital Expenditures	-1,457	-1,102	-1,388	-974.41	-408.04
Sale of Property, Plant & Equipment	16.4	14.99	53.11	35.23	41.38
Investment in Securities	-5.58	-	-	-	-
Other Investing Activities	433.74	559.89	321.65	255.44	327.15
Investing Cash Flow	-109.63	-719.43	-2,154	-853.74	12.02
Short-Term Debt Issued	-	-	-	14,150	-
Long-Term Debt Issued	-	1,960	-	-	-
Total Debt Issued	-	1,960	-	14,150	-
Short-Term Debt Repaid	-669.03	-10,275	-4,548	-	-520.14
Long-Term Debt Repaid	-1,972	-	-340.25	-16,099	-372.76
Total Debt Repaid	-2,641	-10,275	-4,888	-16,099	-892.9
Net Debt Issued (Repaid)	-2,641	-8,315	-4,888	-1,949	-892.9
Common Dividends Paid	-44.1	-44.1	-44.1	-44.1	-
Other Financing Activities	-1,111	-1,747	-11,566	-1,279	-1,374
Financing Cash Flow	-3,796	-10,106	-16,498	-3,271	-2,267
Miscellaneous Cash Flow Adjustments	-	-	-0.01	-	-
Net Cash Flow	-176.33	-7,124	7,454	-1,348	-33.56
Free Cash Flow	2,272	2,600	24,717	1,802	1,813
Free Cash Flow Growth	-12.63%	-89.48%	1271.48%	-0.60%	-29.53%
Free Cash Flow Margin	11.11%	12.04%	144.96%	12.35%	17.17%
Free Cash Flow Per Share	32.83	37.58	357.20	26.05	26.20
Cash Interest Paid	1,111	1,747	11,566	1,279	1,374
Cash Income Tax Paid	471.93	768.71	-159.21	-156.12	-469
Levered Free Cash Flow	607.58	-4,285	-1,490	-444.2	-2,449
Unlevered Free Cash Flow	1,220	-3,361	690.82	1,835	-468.24
Change in Working Capital	-594.69	-2,108	8,110	-1,951	-1,140

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