Thinking Hats Entertainment Solutions Limited (NSE:THESL)

NSE:THESL Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	33	36.65	30.92	20.08	3.72
Depreciation & Amortization	3.49	2.17	1.68	1.04	0.6
Loss (Gain) From Sale of Assets	0.14	0.14	-	-	-
Other Operating Activities	-0.91	2.66	11.28	1.26	0.85
Change in Accounts Receivable	-11.94	-24.65	-38.3	-29.42	-17.83
Change in Inventory	-	-	-	-	30.91
Change in Accounts Payable	4.54	-1.98	5.95	16.28	-9.78
Change in Other Net Operating Assets	103.42	-30.21	3.48	14.13	1.31
Operating Cash Flow	131.74	-15.23	15	23.36	9.79
Operating Cash Flow Growth	-	-	-35.76%	138.68%	-
Capital Expenditures	-4.73	-5.71	-0.89	-12.47	-1.08
Sale (Purchase) of Intangibles	-85.56	-130.52	-23.68	-	-
Investment in Securities	-100.79	-52.62	-16.34	-44.25	-15
Other Investing Activities	2.44	1.38	0.1	0.56	1.02
Investing Cash Flow	-188.64	-187.46	-40.81	-56.16	-15.06
Short-Term Debt Issued	-	50.65	13.34	-	-
Long-Term Debt Issued	-	20.65	-	32.18	2.67
Total Debt Issued	71.3	71.3	13.34	32.18	2.67
Long-Term Debt Repaid	-	-	-0.85	-	-
Net Debt Issued (Repaid)	78.47	71.3	12.49	32.18	2.67
Issuance of Common Stock	-	158.38	21.74	-	-
Other Financing Activities	-31.6	-30.72	-5.25	-1.5	-0.01
Financing Cash Flow	46.87	198.96	28.98	30.68	2.66
Miscellaneous Cash Flow Adjustments	-0	-0	0	-0	-0
Net Cash Flow	-10.03	-3.73	3.18	-2.12	-2.62
Free Cash Flow	127.01	-20.94	14.12	10.89	8.7
Free Cash Flow Growth	-	-	29.59%	25.15%	-
Free Cash Flow Margin	26.80%	-4.39%	5.30%	4.92%	7.50%
Free Cash Flow Per Share	10.17	-1.95	1.80	1.43	1.14
Cash Interest Paid	6.25	5.37	5.25	1.5	0.01
Cash Income Tax Paid	16.1	14.56	5.99	7.41	0.23
Levered Free Cash Flow	35.23	-198.08	-19.38	0.49	-
Unlevered Free Cash Flow	39.08	-194.78	-15.94	1.45	-
Change in Working Capital	96.02	-56.84	-28.87	0.98	4.62

Source: S&P Global Market Intelligence. Standard template. Financial Sources.