United Polyfab Gujarat Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	176.89	66.09	54.78	94.04	4.45
Depreciation & Amortization	130.03	128.03	126.28	123.71	104
Loss (Gain) From Sale of Assets	-0.02	-12.32	-	-	-
Other Operating Activities	68.7	137.68	97.7	96.52	130.02
Change in Accounts Receivable	14.14	-269.2	135.83	-363.31	18.55
Change in Inventory	-190.46	-101.38	-109.73	-13.67	27.89
Change in Accounts Payable	-41.71	124.63	-140.31	120.26	-65.55
Change in Other Net Operating Assets	37.02	-57.9	-6.94	40.02	55.05
Operating Cash Flow	194.59	15.62	157.61	97.58	274.41
Operating Cash Flow Growth	1145.58%	-90.09%	61.51%	-64.44%	-12.65%
Capital Expenditures	-25.51	-260.71	-79.29	-24.31	-16.56
Sale of Property, Plant & Equipment	0.12	34.36	-	0.2	-
Investing Cash Flow	-25.38	-205.94	-79.29	-24.11	-16.56
Short-Term Debt Issued	143.28	158.28	24.69	294.25	-
Long-Term Debt Issued	-	-	-	-	74.32
Total Debt Issued	143.28	158.28	24.69	294.25	74.32
Short-Term Debt Repaid	-	-	-	-	-225
Long-Term Debt Repaid	-214.43	-44.21	-97.54	-161.74	-
Total Debt Repaid	-214.43	-44.21	-97.54	-161.74	-225
Net Debt Issued (Repaid)	-71.14	114.07	-72.85	132.51	-150.68
Issuance of Common Stock	-	93	-	-	-
Other Financing Activities	-96.63	-90.36	-57.15	-88.86	-116.72
Financing Cash Flow	-167.77	116.71	-130	43.65	-267.4
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	1.43	-73.61	-51.68	117.12	-9.54
Free Cash Flow	169.08	-245.09	78.32	73.27	257.86
Free Cash Flow Growth	-	-	6.88%	-71.58%	-2.80%
Free Cash Flow Margin	2.81%	-2.70%	1.20%	1.11%	12.27%
Free Cash Flow Per Share	0.74	-1.14	0.37	0.35	1.10
Cash Interest Paid	96.63	90.36	88.15	88.86	116.72
Cash Income Tax Paid	63.53	9.7	16.32	19.82	3.67
Levered Free Cash Flow	44.53	-340.08	-32.48	-41.11	94.94
Unlevered Free Cash Flow	104.11	-280.72	23.42	13.39	165.15
Change in Working Capital	-181.01	-303.84	-121.14	-216.69	35.94

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.