Solara Active Pharma Sciences Limited (NSE:SOLARA)

NSE:SOLARA Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	369.4	-74.1	5.4	-5,674	-221.8	-581.5
Depreciation & Amortization	1,034	981.2	974.8	1,011	1,066	1,081
Other Amortization	15.6	15.6	17.7	21.9	46.1	41.9
Loss (Gain) From Sale of Assets	48.2	2.6	0.8	19.7	4.5	7.7
Asset Writedown & Restructuring Costs	-	-	-	25.3	-	-
Stock-Based Compensation	38.7	46.7	26.8	6	0.5	-13.1
Provision & Write-off of Bad Debts	21.6	39.4	10.2	109.9	56.6	88.2
Other Operating Activities	812.7	899.4	1,062	3,662	603.4	93.1
Change in Accounts Receivable	-1,622	-1,113	198.1	1,782	-528	-145.5
Change in Inventory	18.8	0.3	418	130.8	173.2	-2,806
Change in Accounts Payable	329.4	259	-594.3	73	389	-238.8
Change in Other Net Operating Assets	355.7	472.2	8.4	-79.2	-26.8	52.2
Operating Cash Flow	1,422	1,529	2,128	1,089	1,563	-2,420
Operating Cash Flow Growth	-23.89%	-28.15%	95.48%	-30.32%	-	-

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-790.5	-528.2	-399.4	-410.6	-1,113	-2,086
Sale of Property, Plant & Equipment	66.2	5.1	3.8	10.4	13	1.3
Investment in Securities	-465.6	-486.2	9.6	-	-12.8	-
Other Investing Activities	15	21	17.7	41.6	125	-343.6
Investing Cash Flow	-1,175	-988.3	-368.3	-35.1	-811.4	-2,429

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	1,115	394.4	2,487
Long-Term Debt Issued	-	495	750	49	683	2,624
Total Debt Issued	1,438	495	750	1,164	1,077	5,111
Short-Term Debt Repaid	-	-768.1	-1,854	-	-	-
Long-Term Debt Repaid	-	-925.2	-1,131	-1,194	-1,331	-962.2
Lease Payments	-43.3	-36.3	-21.3	-8.8	-24.3	-24.6
Total Debt Repaid	-2,028	-1,693	-2,985	-1,194	-1,331	-962.2
Net Debt Issued (Repaid)	-589.8	-1,198	-2,235	-30.2	-253.1	4,149
Issuance of Common Stock	1,383	1,585	1,590	-	-	29
Common Dividends Paid	-	-	-	-	-	-107.8
Other Financing Activities	-836.5	-922.4	-1,160	-1,026	-874.5	-734
Financing Cash Flow	-43	-535.5	-1,805	-1,057	-1,128	3,336

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash Flow	204	5.3	-44.9	-2.9	-376.5	-1,513

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	631.4	1,001	1,729	678.1	449.4	-4,507
Free Cash Flow Growth	-54.26%	-42.10%	154.95%	50.89%	-	-
Free Cash Flow Margin	4.11%	7.31%	13.47%	5.26%	3.11%	-35.53%
Free Cash Flow Per Share	13.65	22.71	43.33	17.75	12.48	-125.38
Levered Free Cash Flow	-436.96	-172.48	608.28	2,768	-82.46	-5,069
Unlevered Free Cash Flow	83.6	381.28	1,279	3,402	460.04	-4,616
Free Cash Flow After Leases	588.1	964.6	1,707	669.3	425.1	-4,531

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	836.5	922.4	1,131	1,035	-	734
Cash Income Tax Paid	9.2	21.2	9	-9	-135.4	181
Change in Working Capital	-918.3	-381.7	30.2	1,906	7.4	-3,138

Data Source: S&P Global Market Intelligence Last updated: Oct 16, 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:

Oct 22, 2026

Data Sources Report a data error