Shivalik Rasayan 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	2016 - 2020
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	2016 - 2020
Net Income	166.96	127.17	207.48	256.06	176.02	Upgrade
Depreciation & Amortization	157.7	42.75	114.92	109.1	85.17	Upgrade
Other Amortization	-	2.85	1.1	0.99	0.65	Upgrade
Loss (Gain) From Sale of Assets	-	0	-0.07	-0.01	-0.03	Upgrade
Other Operating Activities	63.38	198.88	71.98	85.81	58.95	Upgrade
Change in Accounts Receivable	-93.74	-19.69	-147.69	-11.62	-106.7	Upgrade
Change in Inventory	-158.74	-268.38	-368.45	-283.35	103.12	Upgrade
Change in Accounts Payable	140.48	-133.54	98.65	112.86	-87.44	Upgrade
Change in Other Net Operating Assets	-351.83	-30.79	-167.42	-158.51	357.94	Upgrade
Operating Cash Flow	-75.78	-80.75	-189.49	111.34	587.69	Upgrade
Operating Cash Flow Growth	-	-	-	-81.05%	927.15%	Upgrade
Capital Expenditures	-208.31	-676.56	-632.32	-249.66	-652.61	Upgrade
Investment in Securities	-	-84.87	-99.26	-	-	Upgrade
Other Investing Activities	83.07	18.36	23.87	16.1	2.44	Upgrade
Investing Cash Flow	-125.25	-743.08	-707.72	-233.56	-650.16	Upgrade
Short-Term Debt Issued	155.82	74.11	146.53	124.92	99.32	Upgrade
Long-Term Debt Issued	-	109.56	46.33	-	84.85	Upgrade
Total Debt Issued	155.82	183.68	192.86	124.92	184.17	Upgrade
Long-Term Debt Repaid	-74.68	-	-	-27.25	-	Upgrade
Total Debt Repaid	-74.68	-	-	-27.25	-	Upgrade
Net Debt Issued (Repaid)	81.14	183.68	192.86	97.67	184.17	Upgrade
Issuance of Common Stock	136.04	777.3	308.06	653.91	-	Upgrade
Common Dividends Paid	-20.5	-20.11	-19.9	-6.89	-9.36	Upgrade
Other Financing Activities	-93.34	-46.38	15.31	37.39	-154.99	Upgrade
Financing Cash Flow	103.35	894.49	496.34	782.07	19.83	Upgrade
Net Cash Flow	-97.68	70.67	-400.87	659.85	-42.65	Upgrade
Free Cash Flow	-284.1	-757.31	-821.81	-138.32	-64.92	Upgrade
Free Cash Flow Margin	-9.11%	-27.89%	-35.12%	-6.68%	-3.32%	Upgrade
Free Cash Flow Per Share	-18.04	-49.75	-56.72	-9.79	-4.71	Upgrade
Cash Interest Paid	93.34	76.26	43.44	24.95	15.75	Upgrade
Cash Income Tax Paid	14	43.15	56.73	62	67.6	Upgrade
Levered Free Cash Flow	-245.11	-708.54	-857.71	-275.55	-104.72	Upgrade
Unlevered Free Cash Flow	-186.77	-660.87	-830.56	-259.96	-94.88	Upgrade
Change in Working Capital	-463.83	-452.4	-584.9	-340.62	266.91	Upgrade

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