Surani Steel Tubes 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	14.27	4.86	5.01	-17.93	18.54	38.95
Depreciation & Amortization	8.97	7.95	4.75	9.42	12.65	12.73
Other Amortization	0.03	0.03	0.02	-	-	-
Loss (Gain) From Sale of Assets	-	-	0.19	-3.65	-0.24	-
Loss (Gain) From Sale of Investments	11.73	25.61	-	-	-	-
Provision & Write-off of Bad Debts	2.59	0.52	-	-	-	-
Other Operating Activities	-43.2	-27.9	-8.22	12.47	16.38	20.71
Change in Accounts Receivable	90.65	-257.11	119.98	-82.69	20.8	-13.38
Change in Inventory	308.33	315.34	-459.84	95.44	-51.7	10.75
Change in Accounts Payable	-104.01	-22.64	-36.55	-47.28	-	-
Change in Other Net Operating Assets	69.8	42.09	-193.3	13.79	31.41	-45.71
Operating Cash Flow	359.17	88.75	-567.96	-20.43	47.83	24.04
Operating Cash Flow Growth	-	-	-	-	98.94%	-
Capital Expenditures	-14.11	-22.97	-64.02	-0.88	-0.01	-0.88
Sale of Property, Plant & Equipment	-	-	0.8	70.35	0.38	-
Investment in Securities	-	-200	1.3	-	-0.12	-0.22
Other Investing Activities	35.22	19.42	7.57	0.14	0.08	0.07
Investing Cash Flow	-590.74	-664	-54.35	69.62	0.33	-1.02
Short-Term Debt Issued	-	-	310.32	-	-	-
Total Debt Issued	-	-	310.32	-	-	-
Short-Term Debt Repaid	-	-77.94	-	-36.21	-32.5	-
Long-Term Debt Repaid	-	-	-	-	-	-3.82
Total Debt Repaid	-	-77.94	-	-36.21	-32.5	-3.82
Net Debt Issued (Repaid)	-	-77.94	310.32	-36.21	-32.5	-3.82
Issuance of Common Stock	419.04	663.4	317.25	-	-	-
Other Financing Activities	-210.07	-333.56	332.32	-10.16	-16.02	-19.4
Financing Cash Flow	208.96	251.9	959.88	-46.37	-48.52	-23.22
Net Cash Flow	-22.61	-323.35	337.57	2.82	-0.35	-0.2
Free Cash Flow	345.06	65.78	-631.98	-21.31	47.82	23.17
Free Cash Flow Growth	-	-	-	-	106.44%	-
Free Cash Flow Margin	20.89%	2.92%	-40.74%	-1.72%	3.50%	2.17%
Free Cash Flow Per Share	23.35	5.13	-54.89	-2.57	5.77	2.80
Cash Interest Paid	0.38	-	0.55	10.16	16.02	19.4
Cash Income Tax Paid	6.19	3.25	3.02	-	-	0
Levered Free Cash Flow	-268.66	-374.71	-628.53	-14.93	25.66	-26.64
Unlevered Free Cash Flow	-268.42	-374.71	-628.18	-8.58	35.67	-14.52
Change in Working Capital	364.77	77.68	-569.7	-20.74	0.51	-48.34

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