The Ugar Sugar Works 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	136.12	-162.5	211.43	1,030	433.28
Depreciation & Amortization	332.39	274.61	290.4	180.51	114.72
Other Amortization	-	0.41	0.42	0.29	0.09
Loss (Gain) From Sale of Assets	2.01	0.14	1.92	-	3.48
Loss (Gain) From Sale of Investments	-0.2	-23.92	1.09	0.97	0.73
Provision & Write-off of Bad Debts	5.75	2.17	9.1	6.28	28.83
Other Operating Activities	675.86	404.62	315.75	644.03	430.33
Change in Accounts Receivable	-76.77	399.09	46.81	-1,168	-370.36
Change in Inventory	-1,744	-412.51	-1,198	4,042	-1,344
Change in Accounts Payable	1,107	-269.04	-52.45	-796.34	1,633
Operating Cash Flow	437.31	213.06	-373.18	3,940	930.02
Operating Cash Flow Growth	105.25%	-	-	323.70%	-
Capital Expenditures	-239.55	-774.48	-1,028	-592.39	-1,315
Investment in Securities	-19.38	7.2	-	-0.14	-
Other Investing Activities	12.29	41.44	45.85	108.34	2.12
Investing Cash Flow	-246.64	-725.84	-982.6	-484.19	-1,313
Short-Term Debt Issued	868.86	886.84	2,231	-	318.05
Long-Term Debt Issued	-	143.58	-	133.61	537.17
Total Debt Issued	868.86	1,030	2,231	133.61	855.22
Short-Term Debt Repaid	-	-	-	-3,084	-
Long-Term Debt Repaid	-299.19	-	-423.97	-	-
Total Debt Repaid	-299.19	-	-423.97	-3,084	-
Net Debt Issued (Repaid)	569.67	1,030	1,807	-2,951	855.22
Common Dividends Paid	-	-28.13	-56.25	-28.13	-22.5
Other Financing Activities	-757.68	-482.02	-442.74	-482.19	-441.21
Financing Cash Flow	-188.01	520.28	1,308	-3,461	391.51
Net Cash Flow	2.67	7.49	-48.22	-4.82	8.22
Free Cash Flow	197.77	-561.43	-1,402	3,348	-385.42
Free Cash Flow Margin	1.33%	-4.22%	-12.17%	18.66%	-3.39%
Free Cash Flow Per Share	1.76	-4.99	-12.46	29.76	-3.43
Cash Interest Paid	757.68	482.02	442.74	482.19	441.21
Cash Income Tax Paid	-46.06	3.41	189.56	290.3	34.1
Levered Free Cash Flow	68.94	-1,233	-1,594	2,908	-1,184
Unlevered Free Cash Flow	450.65	-956.31	-1,338	3,184	-925.37
Change in Working Capital	-714.61	-282.47	-1,203	2,078	-81.44

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