Z-Tech (India) Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	239.32	201.82	84.66	19.67	0.84	6.46
Depreciation & Amortization	8.27	6.57	6.39	4.34	2.98	1.66
Loss (Gain) From Sale of Assets	-	-	-	0.8	-0.14	0.16
Loss (Gain) on Equity Investments	-0.58	-0.58	-	-	-	-
Provision & Write-off of Bad Debts	-	-	-	0.32	21.86	3.01
Other Operating Activities	7.96	7.77	15.29	0.71	10.92	0.93
Change in Accounts Receivable	-382	-203.6	-126.7	-29.48	-31.97	16.9
Change in Inventory	1.28	-10.82	-0.62	-5.34	6.17	-5.51
Change in Accounts Payable	71.86	80.36	33.57	14.25	3.65	3.94
Change in Other Net Operating Assets	-628.48	-995.18	-9.73	-4.43	2.43	-35.8
Operating Cash Flow	-682.36	-913.66	2.86	0.83	16.75	-8.25
Operating Cash Flow Growth	-	-	243.24%	-95.03%	-	-
Capital Expenditures	-111.66	-63.26	-35.51	-10.13	-6.44	-2.39
Sale of Property, Plant & Equipment	-	-	-	0.25	0.14	0.3
Sale (Purchase) of Real Estate	-293.83	-293.83	-	-	-	-
Investment in Securities	5.76	5.76	-3.65	-	-	-
Other Investing Activities	10.5	3.3	0.29	0.25	0.12	0.43
Investing Cash Flow	-389.23	-348.03	-38.87	-9.63	-6.18	-1.66
Long-Term Debt Issued	-	4.9	5.78	-	-	-
Long-Term Debt Repaid	-	-	-	-0.07	-2.2	-3.03
Net Debt Issued (Repaid)	25.8	4.9	5.78	-0.07	-2.2	-3.03
Issuance of Common Stock	15.34	49.24	0.76	-	-	-
Other Financing Activities	955.91	1,237	35.37	-0.65	-0.54	-0.6
Financing Cash Flow	997.06	1,291	41.91	-0.72	-2.75	-3.63
Miscellaneous Cash Flow Adjustments	-0.1	-0	-0	-	0	-
Net Cash Flow	-74.63	29.77	5.9	-9.51	7.83	-13.53
Free Cash Flow	-794.02	-976.92	-32.65	-9.3	10.31	-10.64
Free Cash Flow Margin	-69.59%	-103.49%	-4.85%	-3.61%	3.37%	-4.53%
Free Cash Flow Per Share	-58.49	-79.97	-3.61	-1.06	1.17	-1.21
Cash Interest Paid	3.31	0.91	0.93	0.65	0.54	0.6
Cash Income Tax Paid	89	75.7	28.73	6.88	0.28	2.3
Levered Free Cash Flow	-878.83	-947.74	-44.55	-8.88	8.5	-
Unlevered Free Cash Flow	-876.75	-947.17	-43.97	-8.47	8.84	-
Change in Working Capital	-937.34	-1,129	-103.49	-25	-19.72	-20.47

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