NSE:ZFCVINDIA 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	4,607	4,064	3,177	1,421	1,038
Depreciation & Amortization	1,177	1,026	969.32	880.36	862.64
Other Amortization	65.44	71.57	78.45	43.96	41.35
Loss (Gain) From Sale of Assets	6.13	2.28	-2.18	-	2.34
Asset Writedown & Restructuring Costs	-	-	-	-	26.6
Provision & Write-off of Bad Debts	94.55	29.53	68.94	25.87	10.82
Other Operating Activities	-887.21	-1,276	-547.28	-537.39	-300.44
Change in Accounts Receivable	-1,850	-1,797	-1,006	-799.14	-2,208
Change in Inventory	-152.26	-183.82	-121.9	-310.57	-11.41
Change in Accounts Payable	-254.67	-94.05	187.49	131.07	1,857
Change in Other Net Operating Assets	54.28	84.8	181.18	525.89	65.4
Operating Cash Flow	2,861	1,929	2,985	1,381	1,384
Operating Cash Flow Growth	48.34%	-35.38%	116.15%	-0.24%	-38.29%
Capital Expenditures	-1,664	-1,952	-1,278	-1,007	-700.74
Sale of Property, Plant & Equipment	8.91	2.71	2.59	-	-
Sale (Purchase) of Real Estate	-11.2	-23.34	-	-	-
Investment in Securities	-1,464	-118.21	-1,816	-168.5	222.77
Other Investing Activities	852.55	782.1	381.38	-597.76	240
Investing Cash Flow	-2,277	-1,309	-2,710	-1,773	-237.98
Long-Term Debt Repaid	-62.49	-45.7	-40.99	-71.38	-146.73
Net Debt Issued (Repaid)	-62.49	-45.7	-40.99	-71.38	-146.73
Common Dividends Paid	-322.45	-246.58	-227.61	-208.64	-
Other Financing Activities	-56.2	-48.88	-42.09	-4.48	-38.99
Financing Cash Flow	-441.14	-341.16	-310.7	-284.5	-185.72
Foreign Exchange Rate Adjustments	9.07	1.51	8.95	1.76	-
Net Cash Flow	151.4	279.75	-27.64	-675.41	960.48
Free Cash Flow	1,197	-23.87	1,706	373.58	683.43
Free Cash Flow Growth	-	-	356.76%	-45.34%	-47.86%
Free Cash Flow Margin	3.13%	-0.06%	4.95%	1.47%	3.67%
Free Cash Flow Per Share	63.13	-1.26	89.96	19.70	36.03
Cash Interest Paid	56.2	48.88	42.09	4.48	-
Cash Income Tax Paid	1,355	1,784	1,112	700.47	447.47
Levered Free Cash Flow	582.63	-137.3	1,594	169.25	828.14
Unlevered Free Cash Flow	618.29	-105.99	1,630	181.13	840.59
Change in Working Capital	-2,202	-1,990	-759.41	-452.75	-297.19

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