NSE:ZENITHSTL 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	2.25	-6.97	-143.84	116.28	-135.75
Depreciation & Amortization	19.53	25.82	24.52	26.44	28.2
Other Amortization	-	-	-	0.23	0.23
Loss (Gain) From Sale of Assets	-	-	-0.22	-78.59	-
Asset Writedown & Restructuring Costs	-	-	-	-	132.67
Other Operating Activities	24.42	42.6	47.97	39.18	35.33
Change in Accounts Receivable	25.2	-119.97	30.19	-380.54	-33.14
Change in Inventory	120.71	10.8	70.48	-171.87	-54.54
Change in Accounts Payable	6.97	-37.19	16.95	494.67	-85.58
Change in Income Taxes	-	-	-	-	4.14
Change in Other Net Operating Assets	-136.61	132.34	132.95	-57.53	249.42
Operating Cash Flow	62.48	47.44	179	-11.73	164.42
Operating Cash Flow Growth	31.70%	-73.50%	-	-	-34.04%
Capital Expenditures	-5.24	-13.86	-36.98	-4.38	-6.13
Sale of Property, Plant & Equipment	-	-	0.3	93.5	-
Sale (Purchase) of Intangibles	-	-	-0.12	-0.73	-
Other Investing Activities	-10.37	-10.32	-6.08	-0.93	3.39
Investing Cash Flow	-15.61	-24.18	-42.87	87.46	-2.74
Long-Term Debt Issued	0.36	-	-	-	-
Long-Term Debt Repaid	-	-41.91	-78.54	-4.72	-119.77
Net Debt Issued (Repaid)	0.36	-41.91	-78.54	-4.72	-119.77
Other Financing Activities	-24.8	-29.24	-34.84	-69.86	-34.75
Financing Cash Flow	-24.44	-71.15	-113.38	-74.58	-154.52
Miscellaneous Cash Flow Adjustments	2.82	-0.5	10.43	-10.36	-3.74
Net Cash Flow	25.25	-48.39	33.17	-9.21	3.42
Free Cash Flow	57.24	33.58	142.02	-16.11	158.29
Free Cash Flow Growth	70.45%	-76.35%	-	-	-35.96%
Free Cash Flow Margin	4.81%	2.34%	8.61%	-0.99%	20.33%
Free Cash Flow Per Share	0.40	0.24	1.00	-0.11	1.16
Cash Interest Paid	24.8	29.24	34.84	69.86	34.75
Cash Income Tax Paid	0.02	-14.01	-13.13	48.3	0.17
Levered Free Cash Flow	23.61	11.59	383.99	-103.51	31.48
Unlevered Free Cash Flow	55.54	29.79	405.55	-60.98	52.66
Change in Working Capital	16.27	-14.01	250.56	-115.27	80.3

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