Venus Pipes and Tubes 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	928.89	859.79	442.07	316.68	236.32
Depreciation & Amortization	183.48	117.3	19.39	13.99	9.53
Other Amortization	1.84	0.39	0.32	0.25	0.12
Loss (Gain) From Sale of Investments	-2.38	-2.24	-1.24	-	-
Provision & Write-off of Bad Debts	3.64	1.14	0.67	-7.17	4.92
Other Operating Activities	398.74	276.19	19.34	50.61	102.48
Change in Accounts Receivable	-147.33	-1,065	29.59	-277.29	-148.16
Change in Inventory	-1,168	-589.91	-734.85	-492.79	0.96
Change in Accounts Payable	663.7	995.06	356.47	-89.59	11.22
Change in Other Net Operating Assets	-175.55	-70.22	-44.86	-114.72	-104.13
Operating Cash Flow	686.59	522.34	86.9	-600.03	113.26
Operating Cash Flow Growth	31.45%	501.08%	-	-	369.57%
Capital Expenditures	-1,084	-1,074	-1,619	-205.5	-50.39
Investment in Securities	-72.58	73.85	-75.14	-27.74	13.74
Other Investing Activities	14.5	3.3	19.89	4.95	12.48
Investing Cash Flow	-1,142	-997.3	-1,674	-228.29	-24.17
Short-Term Debt Issued	479.05	437	123.94	-	-
Long-Term Debt Issued	-	151.59	144.22	311.44	-
Total Debt Issued	479.05	588.59	268.16	311.44	-
Long-Term Debt Repaid	-56.83	-	-	-	-51.09
Net Debt Issued (Repaid)	422.22	588.59	268.16	311.44	-51.09
Issuance of Common Stock	350.62	-	1,505	569.43	-
Common Dividends Paid	-20.33	-20.28	-10.15	-	-
Other Financing Activities	-278.25	-190.53	-68.25	-53.13	-40.82
Financing Cash Flow	474.26	377.78	1,694	827.74	-91.91
Miscellaneous Cash Flow Adjustments	-	-0.02	-	-	-
Net Cash Flow	18.9	-97.2	107.54	-0.58	-2.82
Free Cash Flow	-397.28	-552.11	-1,532	-805.53	62.87
Free Cash Flow Margin	-4.14%	-6.88%	-27.72%	-20.81%	2.03%
Free Cash Flow Per Share	-19.44	-27.20	-78.31	-57.37	4.80
Cash Interest Paid	278.25	190.53	68.25	53.13	40.81
Cash Income Tax Paid	182.94	201.05	186.93	110.17	7.3
Levered Free Cash Flow	-888.71	-924.17	-1,449	-963.55	16.65
Unlevered Free Cash Flow	-693.87	-796.17	-1,397	-930.04	47.33
Change in Working Capital	-827.62	-730.23	-393.65	-974.39	-240.11

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