Sobhagya Mercantile 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	2020 - 2016
Period Ending	Dec '25 Dec 31, 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	2020 - 2016
Net Income	239.43	155.31	115.83	107.28	109.59	79.08	Upgrade
Depreciation & Amortization	3.44	6.55	5.34	4.9	5.22	5.04	Upgrade
Loss (Gain) on Equity Investments	-	-	-	-	-50.63	-56	Upgrade
Change in Accounts Payable	277.67	497.38	-179.83	186.39	73.85	96.48	Upgrade
Change in Income Taxes	-23.88	-23.88	-0.38	-0.03	-0.02	-13.19	Upgrade
Change in Other Net Operating Assets	-495.83	-815.75	93.79	-321.8	-284.57	-134.58	Upgrade
Other Operating Activities	16.45	7.81	17.66	6.91	4.7	13.16	Upgrade
Operating Cash Flow	24.63	-173.06	41.94	-21.25	-144.88	-10.63	Upgrade
Capital Expenditures	-3.5	-0.06	-6.82	-14.97	-0.91	-9.35	Upgrade
Investment in Securities	-	-	-	47.32	131.87	25.67	Upgrade
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-	-	-	-	0.93	Upgrade
Other Investing Activities	-	-	-	-	-	0	Upgrade
Investing Cash Flow	-3.5	-0.06	-6.82	32.36	130.96	17.25	Upgrade
Short-Term Debt Issued	-	-	-	-	-	9.04	Upgrade
Long-Term Debt Issued	-	-	-	1.61	0	2.96	Upgrade
Total Debt Issued	1.93	-	-	1.61	0	11.99	Upgrade
Long-Term Debt Repaid	-	-3.71	-1.59	-3.83	-	-	Upgrade
Net Debt Issued (Repaid)	-1.19	-3.71	-1.59	-2.22	0	11.99	Upgrade
Issuance of Common Stock	-	171.36	-	-	-	-	Upgrade
Other Financing Activities	-18.93	-10.29	-17.66	-8.88	-4.89	-	Upgrade
Financing Cash Flow	-20.12	157.35	-19.25	-11.1	-4.89	11.99	Upgrade
Net Cash Flow	1.02	-15.77	15.87	0	-18.81	18.62	Upgrade
Free Cash Flow	21.14	-173.12	35.12	-36.22	-145.79	-19.98	Upgrade
Free Cash Flow Margin	1.03%	-11.06%	3.09%	-3.36%	-22.07%	-4.73%	Upgrade
Free Cash Flow Per Share	2.95	-24.22	146.35	-150.91	-607.46	-83.24	Upgrade
Cash Interest Paid	18.93	10.29	17.66	8.88	4.89	-	Upgrade
Cash Income Tax Paid	90.41	83.1	41.46	36.67	20.93	-	Upgrade

Source: S&P Capital IQ. Financial Services template. Financial Sources.