Sandhar Technologies Limited (NSE:SANDHAR)

Sandhar Technologies Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	1,987	1,416	1,098	729.69	557.29
Depreciation & Amortization	1,934	1,690	1,521	1,201	987.75
Other Amortization	-	15.84	14.73	14.06	12.57
Loss (Gain) From Sale of Assets	-343.31	-26.5	2.75	-34.44	-5.3
Loss (Gain) From Sale of Investments	-137.67	-25.87	-30.17	8.85	3.81
Loss (Gain) on Equity Investments	-76.83	-96.99	-39.46	28.08	127.16
Provision & Write-off of Bad Debts	9.27	5.97	0.14	1.56	0.17
Other Operating Activities	718.96	450.55	527.87	342.43	222.6
Change in Accounts Receivable	-2,667	-1,004	-1,022	898.6	-501.57
Change in Inventory	-1,504	-725.87	-364.53	-407.48	-483.29
Change in Accounts Payable	2,511	407.49	784.89	234.9	7.59
Change in Other Net Operating Assets	-332.14	362.15	254.56	61.59	-442.54
Operating Cash Flow	2,099	2,470	2,748	3,079	486.25
Operating Cash Flow Growth	-15.01%	-10.13%	-10.75%	533.22%	-60.70%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-2,989	-3,162	-2,372	-2,566	-2,970
Sale of Property, Plant & Equipment	787.82	106.08	41.28	64.93	10.59
Cash Acquisitions	-	-	-49.47	-	-
Investment in Securities	-34.03	114.91	-30.07	14.1	-163.4
Other Investing Activities	25.19	39.13	20.76	12.05	10.85
Investing Cash Flow	-2,210	-2,902	-2,390	-2,475	-3,112

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	1,335	1,975	770.1	-	1,290
Long-Term Debt Issued	1,092	1,096	908.88	1,235	1,666
Total Debt Issued	2,427	3,071	1,679	1,235	2,956
Short-Term Debt Repaid	-	-	-	-918.65	-
Long-Term Debt Repaid	-1,253	-1,309	-1,088	-199.66	-123.04
Total Debt Repaid	-1,253	-1,309	-1,088	-1,118	-123.04
Net Debt Issued (Repaid)	1,174	1,761	591.41	117.17	2,833
Common Dividends Paid	-210.67	-195.62	-150.78	-135.73	-60.79
Other Financing Activities	-683.1	-558.3	-511.98	-350.33	-174.75
Financing Cash Flow	279.92	1,007	-71.35	-368.89	2,597

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	-469.52	-96.04	-20.75	-210.63	10.31
Net Cash Flow	-300.06	479.48	266.32	24.08	-18.65

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	-889.44	-692.08	375.91	512.52	-2,484
Free Cash Flow Growth	-	-	-26.65%	-	-
Free Cash Flow Margin	-1.83%	-1.78%	1.07%	1.76%	-10.69%
Free Cash Flow Per Share	-14.78	-11.50	6.25	8.52	-41.27
Levered Free Cash Flow	-1,422	-1,980	-185.13	-110.76	-2,527
Unlevered Free Cash Flow	-991.78	-1,643	121.96	102.03	-2,427

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	683.1	59.27	62.82	350.33	174.75
Cash Income Tax Paid	520.24	507.72	369.42	270.8	195.51
Change in Working Capital	-1,992	-959.91	-346.96	787.61	-1,420

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 27, 2026

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