Shah Alloys 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	-197.33	-186.48	-32.11	821.06	-557.96
Depreciation & Amortization	91.92	89.05	89.5	112.92	129.67
Loss (Gain) From Sale of Assets	-	-60.92	-	-	0.02
Other Operating Activities	15.66	13.28	1.73	323.72	1,026
Change in Accounts Receivable	62.98	125.64	52.41	-70.8	-8.96
Change in Inventory	519.38	267.52	93.13	-474.18	146.09
Change in Accounts Payable	-537.69	-310.81	227.6	-33.39	778.55
Operating Cash Flow	-45.08	-62.72	432.26	679.32	1,514
Operating Cash Flow Growth	-	-	-36.37%	-55.12%	25.16%
Capital Expenditures	-1.82	-53.86	-	-	-
Sale of Property, Plant & Equipment	9.55	85.23	0.02	-	0.03
Other Investing Activities	5.52	6.32	2.93	3.39	4.55
Investing Cash Flow	13.24	37.69	2.95	3.39	4.58
Long-Term Debt Issued	100.85	67.67	-	-	-
Long-Term Debt Repaid	-	-	-409.5	-674.42	-1,488
Total Debt Repaid	-	-	-409.5	-674.42	-1,488
Net Debt Issued (Repaid)	100.85	67.67	-409.5	-674.42	-1,488
Other Financing Activities	-44.78	-40.23	-25.86	-21.85	-16.26
Financing Cash Flow	56.07	27.44	-435.36	-696.28	-1,505
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	-
Net Cash Flow	24.23	2.4	-0.15	-13.57	13.64
Free Cash Flow	-46.91	-116.59	432.26	679.32	1,514
Free Cash Flow Growth	-	-	-36.37%	-55.12%	25.16%
Free Cash Flow Margin	-1.76%	-1.97%	6.90%	7.72%	30.16%
Free Cash Flow Per Share	-2.37	-5.89	21.83	34.31	76.46
Cash Interest Paid	44.78	40.23	25.86	21.85	16.26
Cash Income Tax Paid	-	0.79	-	-	-
Levered Free Cash Flow	173.6	245.51	487.07	109.27	246.88
Unlevered Free Cash Flow	201.59	270.66	503.23	122.93	257.04
Change in Working Capital	44.67	82.35	373.14	-578.37	915.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.