The Shyft Group Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2017 - 2021
Period Ending	Jun '25 Jun 30, 2025	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	2017 - 2021
Net Income	-	7,315	7,657	4,374	5,343	4,941	Upgrade
Depreciation & Amortization	-	417.3	390.2	333.6	310.8	294.3	Upgrade
Other Amortization	-	38.1	32.4	65.8	57.4	63.5	Upgrade
Loss (Gain) From Sale of Assets	-	2.9	9.7	1.6	0.9	0.5	Upgrade
Asset Writedown & Restructuring Costs	-	-3,499	-5,071	-987.9	-1,791	-2,799	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	-	-	-548.4	Upgrade
Stock-Based Compensation	-	48.6	144.1	200.8	216.7	305.2	Upgrade
Other Operating Activities	-	789.4	371.3	227.3	-118.2	427.7	Upgrade
Change in Accounts Receivable	-	36.2	104.7	-137.2	-345.7	-944.8	Upgrade
Change in Accounts Payable	-	311.4	-239.1	158.1	-14.8	22.1	Upgrade
Change in Other Net Operating Assets	-	-96.4	-148.2	-281.4	-288.7	-233.2	Upgrade
Operating Cash Flow	-	5,364	3,251	3,954	3,370	1,529	Upgrade
Operating Cash Flow Growth	-	64.97%	-17.78%	17.32%	120.39%	-15.29%	Upgrade
Capital Expenditures	-	-698.2	-1,466	-1,089	-840.9	-268.4	Upgrade
Sale of Property, Plant & Equipment	-	192	661.4	570.3	462.3	-	Upgrade
Investment in Securities	-	1,183	-1,132	-773	-430.9	-563.9	Upgrade
Other Investing Activities	-	558.9	478.3	367	211.4	265.9	Upgrade
Investing Cash Flow	-	1,236	-1,458	-925.1	-598.1	-566.4	Upgrade
Long-Term Debt Issued	-	36.5	261.9	67.6	-	-	Upgrade
Long-Term Debt Repaid	-	-	-	-	-23.2	-73.3	Upgrade
Net Debt Issued (Repaid)	-	36.5	261.9	67.6	-23.2	-73.3	Upgrade
Issuance of Common Stock	-	535.6	265.1	25.5	117.8	-	Upgrade
Common Dividends Paid	-	-5,987	-2,794	-2,666	-2,155	-887.5	Upgrade
Other Financing Activities	-	-125.6	-112.2	-95.8	-91.5	-80.6	Upgrade
Financing Cash Flow	-	-5,540	-2,379	-2,669	-2,152	-1,041	Upgrade
Net Cash Flow	-	1,059	-585.5	360.3	620	-78.5	Upgrade
Free Cash Flow	-	4,665	1,785	2,865	2,530	1,261	Upgrade
Free Cash Flow Growth	-	161.32%	-37.68%	13.26%	100.61%	-7.14%	Upgrade
Free Cash Flow Margin	-	25.20%	10.28%	22.61%	19.18%	10.79%	Upgrade
Free Cash Flow Per Share	-	36.42	14.04	22.56	19.87	9.94	Upgrade
Cash Interest Paid	-	127.1	112.7	95.5	91.8	80.6	Upgrade
Cash Income Tax Paid	-	2,189	1,740	1,419	1,293	721.3	Upgrade
Levered Free Cash Flow	-	7,063	5,197	3,249	5,518	3,303	Upgrade
Unlevered Free Cash Flow	-	7,143	5,267	3,309	5,576	3,354	Upgrade

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.