Zydus Wellness 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	3,469	2,669	3,104	3,089	1,187
Depreciation & Amortization	276	207	210	193.6	216.7
Other Amortization	8	31	40	42.6	34.9
Loss (Gain) From Sale of Assets	4	-35	1	0.3	-3
Loss (Gain) From Sale of Investments	-98	-25	-16	-11.1	-21.8
Provision & Write-off of Bad Debts	3	10	-	12.3	6.3
Other Operating Activities	406	45	-23	105.3	2,103
Change in Accounts Receivable	-653	-761	-650	-528.3	221.7
Change in Inventory	-398	-101	-958	30.8	-723.8
Change in Accounts Payable	513	485	-530	-699.3	-426
Change in Other Net Operating Assets	270	-61	-261	133.6	272.2
Operating Cash Flow	3,800	2,464	917	2,369	2,867
Operating Cash Flow Growth	54.22%	168.70%	-61.28%	-17.40%	10.60%
Capital Expenditures	-663	-285	-450	-754.4	-196.6
Sale of Property, Plant & Equipment	10	21	6	7.1	22
Cash Acquisitions	-3,690	-	-	-	-
Divestitures	2	-	-	-	-
Investment in Securities	547	-47	-413	-205.1	2.9
Other Investing Activities	1,557	-1,474	32	92.9	67.6
Investing Cash Flow	-2,236	-1,777	-849	-859.5	-104.1
Short-Term Debt Issued	-	940	1,610	192.5	2,182
Long-Term Debt Issued	-	-	-	-	3,125
Total Debt Issued	-	940	1,610	192.5	5,307
Short-Term Debt Repaid	-1,390	-	-	-	-
Long-Term Debt Repaid	-19	-643	-2,517	-1,887	-15,002
Total Debt Repaid	-1,409	-643	-2,517	-1,887	-15,002
Net Debt Issued (Repaid)	-1,409	297	-907	-1,695	-9,695
Issuance of Common Stock	-	-	-	-	9,866
Common Dividends Paid	-318	-319	-319	-318.8	-1.9
Other Financing Activities	-136	-235	-159	-324.9	-2,333
Financing Cash Flow	-1,863	-257	-1,385	-2,338	-2,164
Miscellaneous Cash Flow Adjustments	166	-	-	-	-
Net Cash Flow	-133	430	-1,317	-829.2	598.9
Free Cash Flow	3,137	2,179	467	1,614	2,671
Free Cash Flow Growth	43.96%	366.60%	-71.07%	-39.56%	13.83%
Free Cash Flow Margin	11.58%	9.36%	2.07%	8.03%	14.31%
Free Cash Flow Per Share	9.86	6.85	1.47	5.07	8.79
Cash Interest Paid	136	235	159	324.9	1,012
Cash Income Tax Paid	-29	27	13	41.1	-2
Levered Free Cash Flow	2,279	703.75	-661.13	242.81	793.95
Unlevered Free Cash Flow	2,352	851.88	-562.38	399.75	1,315
Change in Working Capital	-268	-438	-2,399	-1,063	-655.9

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