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 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	242.9	176.89	66.09	54.78	94.04
Depreciation & Amortization	132.54	130.03	128.03	126.28	123.71
Loss (Gain) From Sale of Assets	-0.17	-0.02	-12.32	-	-
Other Operating Activities	133.64	68.7	137.68	97.7	96.52
Change in Accounts Receivable	186.88	14.14	-269.2	135.83	-363.31
Change in Inventory	-225.69	-190.46	-101.38	-109.73	-13.67
Change in Accounts Payable	16.84	-41.71	124.63	-140.31	120.26
Change in Other Net Operating Assets	-343.48	37.02	-57.9	-6.94	40.02
Operating Cash Flow	143.47	194.59	15.62	157.61	97.58
Operating Cash Flow Growth	-26.27%	1145.58%	-90.09%	61.51%	-64.44%
Capital Expenditures	-27.88	-25.51	-260.71	-79.29	-24.31
Sale of Property, Plant & Equipment	0.42	0.12	34.36	-	0.2
Other Investing Activities	-0.02	-	-	-	-
Investing Cash Flow	-27.48	-25.38	-205.94	-79.29	-24.11
Short-Term Debt Issued	-	143.28	158.28	24.69	294.25
Total Debt Issued	-	143.28	158.28	24.69	294.25
Short-Term Debt Repaid	-46.45	-	-	-	-
Long-Term Debt Repaid	-74.98	-214.43	-44.21	-97.54	-161.74
Total Debt Repaid	-121.43	-214.43	-44.21	-97.54	-161.74
Net Debt Issued (Repaid)	-121.43	-71.14	114.07	-72.85	132.51
Issuance of Common Stock	108.39	-	93	-	-
Other Financing Activities	-100.65	-96.63	-90.36	-57.15	-88.86
Financing Cash Flow	-113.69	-167.77	116.71	-130	43.65
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-
Net Cash Flow	2.29	1.43	-73.61	-51.68	117.12
Free Cash Flow	115.58	169.08	-245.09	78.32	73.27
Free Cash Flow Growth	-31.64%	-	-	6.88%	-71.58%
Free Cash Flow Margin	1.70%	2.81%	-2.70%	1.20%	1.11%
Free Cash Flow Per Share	-	0.74	-1.14	0.37	0.35
Cash Interest Paid	100.65	96.63	90.36	88.15	88.86
Cash Income Tax Paid	29.99	63.53	9.7	16.32	19.82
Levered Free Cash Flow	22.84	44.53	-340.08	-32.48	-41.11
Unlevered Free Cash Flow	85.74	104.11	-280.72	23.42	13.39
Change in Working Capital	-365.44	-181.01	-303.84	-121.14	-216.69

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