Star Paper Mills Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	385.5	411.45	640.03	656.73	366.48	175.16
Depreciation & Amortization	68.39	63.9	54.41	52.76	53.62	52.34
Loss (Gain) From Sale of Assets	-1.15	-	0.15	6.11	-0.92	-0.02
Asset Writedown & Restructuring Costs	-86.2	-99.14	-127.54	-5.24	-32.8	-49.37
Loss (Gain) From Sale of Investments	-6.21	-24.57	-0.76	-17.31	-	-3
Provision & Write-off of Bad Debts	-	-	-	-	-0.38	-
Other Operating Activities	-46.5	-21.82	-142.02	-144.92	-27.16	14.84
Change in Accounts Receivable	24.07	-19.4	-13.55	34.61	-56.84	32.73
Change in Inventory	-105.87	-199	-195.91	-203.9	11.89	30.87
Change in Accounts Payable	-7.02	24.82	31.24	61	-84.8	63.39
Change in Other Net Operating Assets	-20.54	12.15	12.32	27.83	-42.37	-31.49
Operating Cash Flow	204.47	148.39	258.38	467.66	186.72	285.44
Operating Cash Flow Growth	-	-42.57%	-44.75%	150.46%	-34.59%	63.11%
Capital Expenditures	-48.95	-37.82	-111.93	-47.47	-23.24	-61.57
Sale of Property, Plant & Equipment	2.35	-	-	1.33	3.67	0.06
Investment in Securities	2.52	75.56	-91.91	-382.91	-128.95	-196.82
Other Investing Activities	4.94	7.09	109	17.81	13.97	5.93
Investing Cash Flow	-39.15	44.83	-94.85	-411.24	-134.57	-252.4
Long-Term Debt Repaid	-	-6.75	-6.47	-5.64	-5.64	-5.43
Total Debt Repaid	-6.75	-6.75	-6.47	-5.64	-5.64	-5.43
Net Debt Issued (Repaid)	-6.75	-6.75	-6.47	-5.64	-5.64	-5.43
Common Dividends Paid	-54.36	-62.38	-77.47	-54.07	-39.02	-39.02
Other Financing Activities	-3.52	-6.26	-5.64	-5.33	-4.26	-5.13
Financing Cash Flow	-64.63	-75.4	-89.58	-65.03	-48.92	-49.58
Net Cash Flow	100.7	117.82	73.95	-8.61	3.23	-16.54
Free Cash Flow	155.52	110.57	146.45	420.19	163.47	223.86
Free Cash Flow Growth	-	-24.50%	-65.15%	157.04%	-26.98%	164.74%
Free Cash Flow Margin	3.73%	2.53%	3.29%	8.53%	4.95%	9.59%
Free Cash Flow Per Share	9.96	7.08	9.38	26.92	10.47	14.34
Cash Interest Paid	3.52	6.26	5.64	5.33	4.26	5.13
Cash Income Tax Paid	70.8	113.68	223.15	202.42	98	56.09
Levered Free Cash Flow	14.36	68.87	1,348	-783.67	98.96	22.48
Unlevered Free Cash Flow	20.5	74.89	1,354	-780.17	101.92	26.1
Change in Working Capital	-109.35	-181.43	-165.9	-80.46	-172.12	95.49

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