Azure Power Global Limited (AZREF)
OTCMKTS · Delayed Price · Currency is USD
1.100
0.00 (0.00%)
Sep 3, 2026, 4:00 PM EST
Azure Power Global Cash Flow Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Operating Activities
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 | -3,131 | -3,345 | -2,285 | -2,104 | -4,206 |
Depreciation & Amortization | 4,674 | 4,713 | 4,103 | 3,713 | 3,244 |
Other Amortization | 671 | 460 | 340 | 1,107 | 369 |
Loss (Gain) on Sale of Assets | 647 | 185 | 242 | 167 | 32 |
Asset Writedown | 327 | 622 | 1,279 | -80 | 3,255 |
Stock-Based Compensation | -17 | -2 | -629 | -295 | 1,001 |
Change in Accounts Receivable | -91 | 1,116 | -916 | -1,057 | -874 |
Change in Inventory | 5 | - | -13 | - | - |
Change in Accounts Payable | -305 | 264 | -994 | 347 | -176 |
Change in Unearned Revenue | -326 | -165 | 1,349 | 3,184 | 224 |
Change in Other Net Operating Assets | 4,629 | -1,894 | 1,529 | -3,929 | -12 |
Other Operating Activities | -91 | 1,217 | 3,401 | 3,641 | 1,826 |
Operating Cash Flow | 7,207 | 3,344 | 7,957 | 4,597 | 4,977 |
Operating Cash Flow Growth | 115.52% | -57.97% | 73.09% | -7.63% | 35.32% |
Investing Activities
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 |
Capital Expenditures | -455 | -394 | -5,953 | -40,869 | -18,909 |
Divestitures | 317 | - | 54 | 1,557 | - |
Sale (Purchase) of Intangibles | -7 | -11 | 3 | -21 | -10 |
Investment in Securities | - | 7 | -362 | -94 | - |
Investing Cash Flow | -145 | -398 | -6,258 | -39,427 | -18,919 |
Financing Activities
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 |
Long-Term Debt Issued | 30,074 | 4,670 | 3,104 | 114,948 | 25,510 |
Long-Term Debt Repaid | -35,040 | -12,296 | -7,222 | -90,022 | -10,563 |
Net Debt Issued (Repaid) | -4,966 | -7,626 | -4,118 | 24,926 | 14,947 |
Issuance of Common Stock | - | - | - | 18,622 | 402 |
Other Financing Activities | -105 | - | - | -1,608 | -257 |
Financing Cash Flow | -5,071 | -7,626 | -4,118 | 41,940 | 15,092 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 11 | 6 | 80 | 38 | 8 |
Miscellaneous Cash Flow Adjustments | - | -349 | - | - | -517 |
Net Cash Flow | 2,002 | -5,023 | -2,339 | 7,148 | 641 |
Free Cash Flow
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 |
Free Cash Flow | 6,752 | 2,950 | 2,004 | -36,272 | -13,932 |
Free Cash Flow Growth | 128.88% | 47.21% | - | - | - |
Free Cash Flow Margin | 32.90% | 13.84% | 9.66% | -197.76% | -91.44% |
Free Cash Flow Per Share | 105.23 | 45.97 | 31.23 | -712.94 | -290.37 |
Levered Free Cash Flow | 1,587 | -2,055 | -6,706 | -32,898 | -14,384 |
Unlevered Free Cash Flow | 8,305 | 5,212 | -804.75 | -27,328 | -9,273 |
Additional Metrics
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 |
Cash Interest Paid | 9,348 | 9,191 | 9,781 | 10,656 | 8,918 |
Cash Income Tax Paid | 1,295 | 1,188 | 986 | 1,011 | 488 |
Change in Working Capital | 3,912 | -679 | 955 | -1,455 | -838 |