Zuari Industries Limited (NSE:ZUARIIND)

Zuari Industries Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	1,080	-932.19	7,139	3,106	-358.26
Depreciation & Amortization	301.4	287.15	272.61	275.65	228.61
Other Amortization	-	1.82	0.98	0.3	1.93
Loss (Gain) From Sale of Assets	-4.46	-11.82	-995.18	-112.78	-440.84
Loss (Gain) From Sale of Investments	-9.92	-29.13	-0.71	-6	-30.27
Loss (Gain) on Equity Investments	-2,234	-618.32	-273.63	-3,795	-48.59
Provision & Write-off of Bad Debts	-	17.32	309.06	-	-
Other Operating Activities	1,985	2,330	-5,320	1,201	1,312
Change in Accounts Receivable	48.94	-83.37	250.85	-74.04	185.3
Change in Inventory	-406.78	-56.99	-455.95	1,491	-287.91
Change in Accounts Payable	579.04	-874.45	-205.61	705.69	-79.53
Change in Other Net Operating Assets	98.57	-42.46	-6.88	-101.1	132.55
Operating Cash Flow	1,438	-12.87	714.8	2,691	615.25
Operating Cash Flow Growth	-	-	-73.44%	337.43%	-43.79%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-257.39	-147.33	-135.85	-174.94	-208.02
Sale of Property, Plant & Equipment	0.48	2.01	427.88	68.95	155.41
Investment in Securities	-462.07	672.64	2,156	-2,893	-1,556
Other Investing Activities	997.08	932.42	1,176	1,387	1,444
Investing Cash Flow	195.85	1,828	4,752	-1,586	693.34

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	1,166	4,067	2,535	931.03	5,831
Long-Term Debt Issued	3,397	6,775	8,074	2,841	7,285
Total Debt Issued	4,563	10,842	10,608	3,772	13,116
Short-Term Debt Repaid	-1,655	-2,470	-1,398	-415.3	-4,701
Long-Term Debt Repaid	-2,311	-7,385	-11,543	-2,140	-6,446
Total Debt Repaid	-3,966	-9,855	-12,942	-2,556	-11,146
Net Debt Issued (Repaid)	597.2	986.85	-2,333	1,217	1,969
Preferred Dividends Paid	-13.54	-10.29	-8.12	-	-
Common Dividends Paid	-29.78	-29.78	-29.78	-29.78	-88.32
Dividends Paid	-43.33	-40.07	-37.9	-29.78	-88.32
Other Financing Activities	-2,306	-2,580	-3,454	-2,073	-2,750
Financing Cash Flow	-1,752	-1,633	-5,826	-886.48	-869.04

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	-118.69	182.14	-358.33	218.81	439.55

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	1,180	-160.2	578.95	2,516	407.23
Free Cash Flow Growth	-	-	-76.99%	517.91%	-56.60%
Free Cash Flow Margin	11.30%	-1.65%	6.87%	26.20%	5.60%
Free Cash Flow Per Share	39.63	-5.38	19.44	84.49	13.67
Levered Free Cash Flow	2,368	-2,235	9,055	-5,225	-3,481
Unlevered Free Cash Flow	3,885	-551.34	10,813	-3,589	-1,839

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	2,306	2,580	3,454	2,073	2,750
Cash Income Tax Paid	160.38	-221.09	-10.46	122.31	272.46
Change in Working Capital	319.77	-1,057	-417.59	2,021	-49.59

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 1, 2026

Data Sources Report a data error