B2B Software Technologies 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	27.68	23.17	18.39	23.83	26.74	18.81	Upgrade
Depreciation & Amortization	1.21	1.32	1.65	1.11	0.72	1.01	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-0.34	-	-0.39	Upgrade
Stock-Based Compensation	0.97	0.97	-	-	-	-	Upgrade
Other Operating Activities	-13.78	-12.22	-9.64	-7.4	-1.49	-1.69	Upgrade
Change in Accounts Receivable	2.33	3.33	-6.58	4.65	-2.23	-1.58	Upgrade
Change in Inventory	-0.26	-0.28	-0.36	-0.32	-0.12	-0.39	Upgrade
Change in Accounts Payable	-0.23	-2.45	1.97	-1.93	-4.33	1.11	Upgrade
Change in Income Taxes	3.05	1.98	0.15	-2.12	-	-	Upgrade
Change in Other Net Operating Assets	2.49	-0.66	6.81	1.33	1.67	-9.27	Upgrade
Operating Cash Flow	26.66	17.13	14.95	18.42	20.42	7.62	Upgrade
Operating Cash Flow Growth	-	14.56%	-18.83%	-9.81%	168.09%	-32.53%	Upgrade
Capital Expenditures	-1.15	-0.55	-1.01	-3.71	-0.51	-0.52	Upgrade
Sale of Property, Plant & Equipment	-	-	-	0.4	-	0.53	Upgrade
Investment in Securities	-15.4	-26.13	-7.8	-19.1	-14.47	-25.86	Upgrade
Other Investing Activities	8.72	8.63	9.92	6.29	5.45	6.55	Upgrade
Investing Cash Flow	-7.84	-18.05	1.12	-16.13	-9.54	-19.3	Upgrade
Foreign Exchange Rate Adjustments	0.12	-0.17	-0.13	0.75	-0.01	-0.84	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	0	0	-	-	Upgrade
Net Cash Flow	18.94	-1.1	15.94	3.04	10.87	-12.53	Upgrade
Free Cash Flow	25.51	16.57	13.94	14.7	19.91	7.09	Upgrade
Free Cash Flow Growth	-	18.90%	-5.20%	-26.13%	180.60%	-31.62%	Upgrade
Free Cash Flow Margin	8.53%	6.87%	6.86%	7.44%	10.00%	4.76%	Upgrade
Free Cash Flow Per Share	2.20	1.43	1.20	1.27	1.72	0.61	Upgrade
Levered Free Cash Flow	-	14.72	9.22	11.11	15.05	9.48	Upgrade
Unlevered Free Cash Flow	-	14.72	9.22	11.11	15.05	9.48	Upgrade
Change in Working Capital	12.77	3.88	4.55	1.23	-5.55	-10.12	Upgrade

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