Rajgor Castor Derivatives 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	89.19	90.08	97.84	55.45	5.22	-18.02
Depreciation & Amortization	15.18	14.91	14.33	14.04	13.71	13.51
Loss (Gain) From Sale of Assets	0.05	-	-	-0.23	-	0.41
Provision & Write-off of Bad Debts	-0.73	0.94	0.64	-0.03	-	-
Other Operating Activities	82.54	73.25	61.91	56.18	20.35	15.74
Change in Accounts Receivable	-703.56	182.54	-848.81	-141.33	-1.37	6.1
Change in Inventory	-19.47	-50.4	-50.92	-63.03	-127.9	-1
Change in Accounts Payable	289.69	-323.43	368.67	44.47	8.03	1.02
Change in Income Taxes	0.29	-0.81	12.38	-8.7	-0.36	-2.48
Change in Other Net Operating Assets	383.17	123.28	-0.5	-358.94	155.72	-24.2
Operating Cash Flow	136.34	110.36	-344.46	-402.12	73.4	-8.91
Capital Expenditures	-4.3	-6.14	-28.95	-10.81	-1.46	-5.09
Sale of Property, Plant & Equipment	0.62	-	-	0.69	-	0.4
Investment in Securities	29.91	-0.07	-8.66	-1.25	-	-
Other Investing Activities	14.88	16.06	0.99	0.69	0.45	-
Investing Cash Flow	41.11	9.85	-36.62	-10.67	-1.01	-4.69
Long-Term Debt Issued	-	-	29.33	264.14	-	39.69
Long-Term Debt Repaid	-	-37.6	-	-	-47.68	-
Net Debt Issued (Repaid)	-89.09	-37.6	29.33	264.14	-47.68	39.69
Issuance of Common Stock	-	-	407.77	160.92	-	-
Common Dividends Paid	-2.39	-2.39	-	-	-	-
Other Financing Activities	-81.98	-76.09	-52.56	-15.49	-22.33	-22.95
Financing Cash Flow	-173.47	-116.07	384.54	409.57	-70.01	16.74
Miscellaneous Cash Flow Adjustments	0	-	0	-	-	-
Net Cash Flow	3.98	4.14	3.47	-3.23	2.39	3.14
Free Cash Flow	132.04	104.23	-373.41	-412.92	71.94	-14
Free Cash Flow Margin	2.11%	1.67%	-6.61%	-9.63%	17.66%	-12.83%
Free Cash Flow Per Share	5.51	4.36	-19.77	-31.99	12.46	-2.42
Cash Interest Paid	82.09	76.22	52.59	15.49	22.33	22.95
Cash Income Tax Paid	25.3	25.3	15.27	0.5	-	-
Levered Free Cash Flow	63.55	40.6	-435.64	-452.44	50.66	-
Unlevered Free Cash Flow	104.67	78.04	-403.15	-442.8	64.09	-
Change in Working Capital	-49.89	-68.82	-519.18	-527.52	34.12	-20.56

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