V.S.T. Tillers Tractors 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	929.67	1,211	923.58	993.1	907.76
Depreciation & Amortization	248.9	256.37	255.84	237.5	162.98
Other Amortization	5.94	13.74	13.63	12.92	7.79
Loss (Gain) From Sale of Assets	0.72	0.99	-0.58	-0.94	0.24
Asset Writedown & Restructuring Costs	-	-	9.45	-	-
Loss (Gain) From Sale of Investments	-280.42	-506.11	-141.52	-193.37	-288.87
Loss (Gain) on Equity Investments	14.92	4.47	-	-	-
Stock-Based Compensation	27.84	2.53	-	-	-
Provision & Write-off of Bad Debts	8.82	44.2	47.31	44.34	97.55
Other Operating Activities	22.73	-0.72	-51.49	-130.93	-107.29
Change in Accounts Receivable	-515	-104.2	-863.28	100.92	46.83
Change in Inventory	170.83	-98.95	-72.75	63.01	-46.65
Change in Accounts Payable	187.24	-260.65	499.77	42.04	773.19
Change in Other Net Operating Assets	-56.71	-76.2	-255.69	79.72	-1.83
Operating Cash Flow	765.46	486.14	364.27	1,248	1,552
Operating Cash Flow Growth	57.46%	33.45%	-70.82%	-19.55%	114.49%
Capital Expenditures	-204.07	-74.06	-242.43	-288.28	-282.48
Sale of Property, Plant & Equipment	-	0.79	2.51	1.96	1.59
Investment in Securities	-131.97	101.81	-132.69	-849.73	-1,273
Other Investing Activities	48.6	57.84	56.88	39.79	74.45
Investing Cash Flow	-287.44	86.39	-315.73	-1,096	-1,480
Long-Term Debt Repaid	-12.5	-9.1	-7.32	-5.52	-
Net Debt Issued (Repaid)	-12.5	-9.1	-7.32	-5.52	-
Issuance of Common Stock	0.04	-	-	-	-
Common Dividends Paid	-172.79	-215.99	-172.79	-172.79	-0.06
Other Financing Activities	-17.78	-19.92	-11.17	-9.97	-15.14
Financing Cash Flow	-203.03	-245.01	-191.28	-188.28	-15.2
Miscellaneous Cash Flow Adjustments	-0	-	-	-	0
Net Cash Flow	274.99	327.52	-142.74	-36.23	56.62
Free Cash Flow	561.39	412.09	121.84	960.02	1,269
Free Cash Flow Growth	36.23%	238.21%	-87.31%	-24.36%	245.68%
Free Cash Flow Margin	5.64%	4.26%	1.21%	11.24%	16.61%
Free Cash Flow Per Share	64.87	47.69	14.10	111.11	146.90
Cash Interest Paid	17.78	19.92	11.17	9.97	15.14
Cash Income Tax Paid	209.71	295.65	301.07	352.9	252.79
Levered Free Cash Flow	440.55	321.83	-84.69	788.92	1,171
Unlevered Free Cash Flow	452.81	335.26	-76.74	795.45	1,196
Change in Working Capital	-213.65	-540	-691.95	285.68	771.53

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