Zodiac Energy 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	199.7	109.72	31.89	54.6	44.16
Depreciation & Amortization	26.82	7.8	7.69	6.06	1.73
Other Amortization	0.06	0.02	0.05	0.08	0.07
Loss (Gain) From Sale of Assets	-2.37	-1.12	-	0.09	-0.19
Other Operating Activities	113.38	55.21	23.79	21.16	10.68
Change in Accounts Receivable	219.24	-318.8	-188.35	-76.11	17.06
Change in Inventory	-373.47	26.56	125.29	-107.65	-73.36
Change in Accounts Payable	-47.06	102.88	-159.92	100.03	59.07
Change in Other Net Operating Assets	-624.71	176.4	-71.91	24.74	-99.19
Operating Cash Flow	-488.41	158.66	-231.47	23	-39.97
Capital Expenditures	-825.8	-22.23	-0.52	-17.39	-10.08
Sale of Property, Plant & Equipment	-	0.22	-	0.04	0.25
Other Investing Activities	-219.83	-27	-30.01	-21.29	-6.5
Investing Cash Flow	-1,046	-49	-30.53	-38.64	-16.33
Short-Term Debt Issued	363.28	-	273.35	-	55.6
Long-Term Debt Issued	975.61	15.32	8.33	74.37	11.7
Total Debt Issued	1,339	15.32	281.68	74.37	67.3
Short-Term Debt Repaid	-	-42.89	-	-29.03	-
Long-Term Debt Repaid	-	-26.59	-	-	-
Total Debt Repaid	-	-69.48	-	-29.03	-
Net Debt Issued (Repaid)	1,339	-54.16	281.68	45.34	67.3
Issuance of Common Stock	282.73	-	-	-	-
Other Financing Activities	-87.11	-44.1	-31.81	-16	-10.1
Financing Cash Flow	1,535	-98.26	249.87	29.34	57.2
Miscellaneous Cash Flow Adjustments	-	0	0	-	0
Net Cash Flow	0.47	11.39	-12.13	13.71	0.9
Free Cash Flow	-1,314	136.42	-231.99	5.61	-50.05
Free Cash Flow Margin	-32.23%	6.20%	-16.85%	0.39%	-4.99%
Free Cash Flow Per Share	-87.31	9.32	-15.85	0.38	-3.42
Cash Interest Paid	85.96	43.85	26.14	11.75	10.1
Cash Income Tax Paid	44.74	36.55	21.72	13.67	14.86
Levered Free Cash Flow	-1,361	-68.68	-199.64	-8.8	-83.31
Unlevered Free Cash Flow	-1,307	-41.28	-183.3	-1.46	-79.42
Change in Working Capital	-826	-12.97	-294.89	-58.98	-96.42

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