Shanthi Gears Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	766.6	960.3	822.5	670.5	424.7
Depreciation & Amortization	160.6	129.7	129.8	108	102.8
Other Amortization	-	3.3	2.3	0.8	1
Loss (Gain) From Sale of Assets	-1.3	-0.7	-17.8	-2.1	-1.3
Loss (Gain) From Sale of Investments	-44	-37.3	-32.8	-17.9	-4.9
Provision & Write-off of Bad Debts	-5	15.5	51.3	9.2	0.9
Other Operating Activities	-107.7	-80.1	-136.7	-29.4	-39.7
Change in Accounts Receivable	229.9	-207.7	-548.9	32.3	-249.7
Change in Inventory	-355.2	56.4	-162.4	-56.7	140.1
Change in Accounts Payable	97.5	74.5	187.7	-3.9	-106.6
Change in Other Net Operating Assets	-40.4	-6	68.8	-81.3	82.8
Operating Cash Flow	701	907.9	363.8	629.5	350.1
Operating Cash Flow Growth	-22.79%	149.56%	-42.21%	79.81%	13.96%
Capital Expenditures	-529.8	-243.5	-200	-152.7	-56.6
Sale of Property, Plant & Equipment	3.1	2.5	18.1	2.1	1.8
Investment in Securities	-8.8	-195.8	-14.9	-161.7	-149.2
Other Investing Activities	82.5	56.8	73.8	50.6	39.2
Investing Cash Flow	-453	-380	-123	-261.7	-164.8
Common Dividends Paid	-384.7	-384.4	-385.2	-230.1	-191.8
Financing Cash Flow	-384.7	-384.4	-385.2	-230.1	-191.8
Net Cash Flow	-136.7	143.5	-144.4	137.7	-6.5
Free Cash Flow	171.2	664.4	163.8	476.8	293.5
Free Cash Flow Growth	-74.23%	305.62%	-65.65%	62.45%	91.58%
Free Cash Flow Margin	3.30%	10.99%	3.06%	10.70%	8.71%
Free Cash Flow Per Share	2.23	8.66	2.13	6.21	3.83
Cash Income Tax Paid	292	330.6	261	222.4	149.2
Levered Free Cash Flow	131.36	571.34	221.34	181.05	193.79
Unlevered Free Cash Flow	131.36	571.34	221.34	181.05	193.79
Change in Working Capital	-68.2	-82.8	-454.8	-109.6	-133.4

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