Vardhman Holdings 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	2,160	2,580	1,849	2,284	4,291
Depreciation & Amortization	0.1	0.07	0.07	0.07	0.08
Loss (Gain) From Sale of Investments	-82.2	-193.28	-115.82	-5.98	-265.16
Loss (Gain) on Equity Investments	-2,172	-2,545	-1,812	-2,215	-4,276
Provision & Write-off of Bad Debts	1.3	1.39	-	-	-
Other Operating Activities	35.3	98.4	36.43	-62.36	86.56
Change in Other Net Operating Assets	0.3	3.72	13.73	12.1	113.91
Operating Cash Flow	-57.5	-54.97	-28.91	12.85	-49.93
Investment in Securities	73.3	47.92	43.15	11.04	-685.73
Other Investing Activities	-0.5	-0.46	0.78	9.44	-0.16
Investing Cash Flow	72.8	47.47	43.93	20.48	-685.9
Common Dividends Paid	-16	-16.05	-16.02	-15.95	-15.96
Financing Cash Flow	-16	-16.05	-16.02	-15.95	-15.96
Net Cash Flow	-0.7	-23.55	-1	17.38	-751.78
Free Cash Flow	-57.5	-54.97	-28.91	12.85	-49.93
Free Cash Flow Margin	-40.75%	-22.34%	-16.70%	16.58%	-14.29%
Free Cash Flow Per Share	-18.02	-17.23	-9.06	4.03	-15.64
Cash Income Tax Paid	-	69.4	61.32	27.24	217.37
Levered Free Cash Flow	81.94	153.73	77.76	22.56	207.59
Unlevered Free Cash Flow	82.25	153.73	77.76	22.56	207.59
Change in Working Capital	0.3	3.72	13.73	12.1	113.91

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