Titan Company Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	50,730	33,370	34,960	32,500	21,730
Depreciation & Amortization	8,260	6,320	5,420	4,090	3,660
Other Amortization	-	610	420	320	330
Loss (Gain) From Sale of Assets	20	-10	-10	30	30
Asset Writedown & Restructuring Costs	-	-	-	-	90
Loss (Gain) From Sale of Investments	-1,400	-1,570	-2,030	-1,060	-870
Loss (Gain) on Equity Investments	-10	-10	-10	-10	-
Stock-Based Compensation	780	130	480	10	20
Provision & Write-off of Bad Debts	110	270	120	40	30
Other Operating Activities	8,610	7,740	2,960	1,910	-60
Change in Accounts Receivable	2,100	-950	-3,480	-1,120	-2,070
Change in Inventory	-115,920	-90,720	-24,620	-29,770	-51,990
Change in Accounts Payable	4,720	5,640	1,960	-890	5,040
Change in Other Net Operating Assets	97,900	33,770	780	7,650	16,820
Operating Cash Flow	55,900	-5,410	16,950	13,700	-7,240
Operating Cash Flow Growth	-	-	23.72%	-	-
Capital Expenditures	-9,020	-4,940	-6,910	-4,320	-2,240
Sale of Property, Plant & Equipment	250	240	200	120	80
Cash Acquisitions	-11,710	-	-	-	-
Investment in Securities	-13,230	3,530	3,120	-21,040	26,170
Other Investing Activities	4,370	6,630	1,700	7,130	-12,370
Investing Cash Flow	-29,340	5,460	-1,890	-18,110	11,640
Short-Term Debt Issued	33,140	25,290	23,280	16,840	3,490
Long-Term Debt Issued	-	700	33,010	-	-
Total Debt Issued	33,140	25,990	56,290	16,840	3,490
Long-Term Debt Repaid	-34,970	-10,780	-3,180	-2,610	-1,790
Total Debt Repaid	-34,970	-10,780	-3,180	-2,610	-1,790
Net Debt Issued (Repaid)	-1,830	15,210	53,110	14,230	1,700
Repurchase of Common Stock	-	-60	-4,370	-	-
Common Dividends Paid	-9,760	-9,760	-8,880	-6,660	-3,550
Other Financing Activities	-10,000	-5,460	-53,150	-3,000	-2,180
Financing Cash Flow	-21,590	-70	-13,290	4,570	-4,030
Foreign Exchange Rate Adjustments	-310	-	-	-30	10
Net Cash Flow	4,660	-20	1,770	130	380
Free Cash Flow	46,880	-10,350	10,040	9,380	-9,480
Free Cash Flow Growth	-	-	7.04%	-	-
Free Cash Flow Margin	5.35%	-1.71%	1.97%	2.31%	-3.29%
Free Cash Flow Per Share	52.82	-11.66	11.31	10.57	-10.68
Cash Interest Paid	10,000	5,380	6,190	3,000	2,180
Cash Income Tax Paid	17,370	10,890	11,730	11,540	8,020
Levered Free Cash Flow	-65,099	-47,976	-426.25	9,481	-34,754
Unlevered Free Cash Flow	-57,724	-42,020	3,443	11,356	-33,391
Change in Working Capital	-11,200	-52,260	-25,360	-24,130	-32,200

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