Zenith Drugs 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	71.61	95.37	48.81	31.38	30.29
Depreciation & Amortization	29.66	13.02	13.05	13.26	12.16
Loss (Gain) From Sale of Assets	-2.46	-	-	-	-
Loss (Gain) From Sale of Investments	-0.46	-	-	-	-
Other Operating Activities	3	-2.38	22.57	20.87	15.56
Change in Accounts Receivable	68.17	-180.83	-172.43	-86.86	20.52
Change in Inventory	-138.54	-20.85	-115.42	-52.99	-24.69
Change in Accounts Payable	-44.9	-58.78	172.87	144.18	-27.39
Change in Other Net Operating Assets	-40.74	-3.95	-17.16	-18.3	-18.89
Operating Cash Flow	-54.66	-158.4	-47.72	51.53	7.57
Operating Cash Flow Growth	-	-	-	580.91%	-78.23%
Capital Expenditures	-313.08	-53.3	-55.71	-52.42	-14.28
Sale of Property, Plant & Equipment	-	-	56.77	-	-
Sale (Purchase) of Intangibles	-1.71	-	-	-	-
Investment in Securities	0.71	-	-3.75	-	-
Other Investing Activities	-	-	-0	-0	-
Investing Cash Flow	-314.07	-53.3	-2.69	-52.42	-14.28
Short-Term Debt Issued	196.92	-	85.1	10.32	57.55
Long-Term Debt Issued	87	1.83	-	22.96	-
Total Debt Issued	283.93	1.83	85.1	33.28	57.55
Short-Term Debt Repaid	-	-16.69	-	-	-
Long-Term Debt Repaid	-	-37.48	-12.08	-	-23.48
Total Debt Repaid	-	-54.17	-12.08	-	-23.48
Net Debt Issued (Repaid)	283.93	-52.34	73.02	33.28	34.08
Issuance of Common Stock	-	349.5	-	-	-
Other Financing Activities	0	0	-23.09	-20.86	-13.24
Financing Cash Flow	283.93	297.16	49.94	12.42	20.84
Miscellaneous Cash Flow Adjustments	-	0	-	0	-
Net Cash Flow	-84.8	85.46	-0.48	11.53	14.12
Free Cash Flow	-367.74	-211.7	-103.43	-0.89	-6.72
Free Cash Flow Margin	-27.58%	-16.08%	-9.03%	-0.10%	-0.92%
Free Cash Flow Per Share	-21.44	-12.35	-8.62	-0.07	-0.56
Cash Interest Paid	58.94	49.97	23.09	18.18	11.46
Cash Income Tax Paid	20.46	39.93	18.28	13.22	13.73
Levered Free Cash Flow	-381.8	-211.53	-161.57	-25.68	-15.63
Unlevered Free Cash Flow	-368.15	-199.03	-154.4	-14.32	-8.46
Change in Working Capital	-156.01	-264.41	-132.15	-13.98	-50.45

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.