Websol Energy System 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	1,547	-1,210	-236.86	96.7	493.88
Depreciation & Amortization	408.28	360.1	153.39	153.29	153.53
Other Amortization	0.69	0.07	0.06	0.06	0.05
Loss (Gain) From Sale of Assets	1.35	60.45	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	0.08
Loss (Gain) From Sale of Investments	0	-	-	-	-
Provision & Write-off of Bad Debts	-	-0.48	14.02	23.78	7.39
Other Operating Activities	569.61	775.61	-22.4	15.25	-289.11
Change in Accounts Receivable	-46.35	8.69	222.89	-97.94	-28.2
Change in Inventory	-149.64	-141.7	76.73	-46.68	-57.15
Change in Accounts Payable	-168.51	280.13	-16.58	-130.43	56.75
Change in Other Net Operating Assets	-490.2	215.72	-275.4	-43.65	24.47
Operating Cash Flow	1,673	348.97	-84.15	-29.62	361.7
Operating Cash Flow Growth	379.31%	-	-	-	5208.98%
Capital Expenditures	-428.69	-2,236	-57.58	-9.7	-4.9
Sale of Property, Plant & Equipment	1.99	3.26	-	-	0.24
Sale (Purchase) of Intangibles	-3.6	-1.52	-0.01	-0.05	-
Investment in Securities	-50	-	-	-	-
Other Investing Activities	-378.82	-	-	-	1.9
Investing Cash Flow	-859.12	-2,234	-57.58	-9.75	-2.76
Short-Term Debt Issued	81.02	-	-	86.34	-
Long-Term Debt Issued	-	1,625	-	-	-
Total Debt Issued	81.02	1,625	-	86.34	-
Short-Term Debt Repaid	-	-60.42	-45.8	-	-149.64
Long-Term Debt Repaid	-394.15	-	-51.74	-71.25	-84.59
Total Debt Repaid	-394.15	-60.42	-97.54	-71.25	-234.23
Net Debt Issued (Repaid)	-313.12	1,564	-97.54	15.09	-234.23
Issuance of Common Stock	-	376.51	232.94	-	-
Other Financing Activities	-32.41	-47.45	-30.52	45.42	-113.35
Financing Cash Flow	-345.53	1,893	104.89	60.51	-347.58
Miscellaneous Cash Flow Adjustments	-0	-	-	0	-
Net Cash Flow	467.99	8	-36.84	21.15	11.36
Free Cash Flow	1,244	-1,887	-141.73	-39.31	356.8
Free Cash Flow Margin	21.62%	-729.71%	-82.28%	-1.84%	23.23%
Free Cash Flow Per Share	2.91	-4.68	-0.38	-0.12	1.01
Cash Interest Paid	192.73	47.45	30.52	14.58	113.35
Cash Income Tax Paid	14.93	0.2	0.76	1.66	0.51
Levered Free Cash Flow	680.35	-1,974	252.36	-134.51	168.35
Unlevered Free Cash Flow	798.6	-1,944	274.27	-115.85	199.46
Change in Working Capital	-854.7	362.85	7.64	-318.69	-4.13

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