Solex Energy 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	420.28	87.35	27.11	9.88	16.76
Depreciation & Amortization	92.31	84.62	45.35	2.52	2.58
Loss (Gain) From Sale of Assets	-	-	-	0.02	-
Other Operating Activities	112.95	108.3	57.64	4.75	9.17
Change in Accounts Receivable	-694.28	-164.46	-94.99	348.47	0.74
Change in Inventory	-1,131	-360.05	-161.37	-62.52	-28.68
Change in Accounts Payable	381.01	213.61	165.02	-	-
Change in Other Net Operating Assets	344.15	47.7	-100.64	-264.64	24.13
Operating Cash Flow	-474.91	17.06	-61.88	38.49	24.71
Operating Cash Flow Growth	-	-	-	55.78%	15.96%
Capital Expenditures	-666.38	-77.87	-351.56	-241.32	-11.07
Sale of Property, Plant & Equipment	-	-	-	0.38	-
Investment in Securities	119.57	-138.46	-0.03	-	-
Other Investing Activities	9.79	3.9	3.09	-17.99	1.43
Investing Cash Flow	-537.02	-212.43	-348.49	-272.35	-6.73
Short-Term Debt Issued	298.47	277.46	147.91	-	-
Long-Term Debt Issued	214.92	24.72	317.27	119.84	10.17
Total Debt Issued	513.39	302.18	465.18	119.84	10.17
Net Debt Issued (Repaid)	513.39	302.18	465.18	119.84	10.17
Issuance of Common Stock	729.31	-	-	107.1	-
Common Dividends Paid	-4.75	-1.2	-1.2	-2.4	-2.47
Other Financing Activities	-107.46	-105.05	-56.12	-7.51	-10.82
Financing Cash Flow	1,130	195.94	407.86	217.04	-3.12
Miscellaneous Cash Flow Adjustments	-	0	0	-	-
Net Cash Flow	118.57	0.57	-2.52	-16.82	14.86
Free Cash Flow	-1,141	-60.81	-413.44	-202.84	13.63
Free Cash Flow Growth	-	-	-	-	-29.59%
Free Cash Flow Margin	-17.23%	-1.66%	-25.57%	-28.20%	1.71%
Free Cash Flow Per Share	-119.00	-6.08	-41.34	-21.02	2.21
Cash Interest Paid	92.65	83.73	46.54	5.23	10.82
Cash Income Tax Paid	131.81	20.91	6.8	2.68	7.02
Levered Free Cash Flow	-1,267	-91.69	-447.94	-180.12	-64.04
Unlevered Free Cash Flow	-1,267	-91.69	-418.85	-176.86	-59.26
Change in Working Capital	-1,100	-263.2	-191.98	21.32	-3.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.