NTPC Green Energy 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
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	-	4,755	3,429	1,712
Depreciation & Amortization	-	7,583	6,428	499.06
Asset Writedown	-	0.6	-	-
Change in Accounts Receivable	-	1,888	-3,649	681.32
Change in Inventory	-	-70.2	-129	24.8
Change in Accounts Payable	-	266.1	-397.8	141.56
Change in Other Net Operating Assets	-	-810.8	3,402	-2,139
Other Operating Activities	-	6,378	7,079	-747.41
Operating Cash Flow	-	19,989	16,162	172.7
Operating Cash Flow Growth	-	23.68%	9258.19%	-
Capital Expenditures	-	-119,851	-95,529	-7,514
Investment in Securities	-	-62,561	-3,560	-11,722
Other Investing Activities	-	4,480	6,905	-83,806
Investing Cash Flow	-	-177,932	-92,184	-103,043
Short-Term Debt Issued	-	500.4	-	-
Long-Term Debt Issued	-	98,961	76,892	53,778
Total Debt Issued	-	99,462	76,892	53,778
Long-Term Debt Repaid	-	-48,333	-3,596	-574.7
Net Debt Issued (Repaid)	-	51,129	73,297	53,204
Issuance of Common Stock	-	117,804	10,000	50,830
Other Financing Activities	-	-11,786	-6,846	-498.52
Financing Cash Flow	-	157,147	76,451	103,535
Miscellaneous Cash Flow Adjustments	-	-	-	63.07
Net Cash Flow	-	-795.8	428.8	727.46
Free Cash Flow	-	-99,862	-79,367	-7,342
Free Cash Flow Margin	-	-451.94%	-404.40%	-432.66%
Free Cash Flow Per Share	-	-14.17	-16.78	-19.98
Cash Interest Paid	-	12,401	6,846	498.52
Cash Income Tax Paid	-	193.9	45.8	0.53
Levered Free Cash Flow	-	-111,818	-93,858	-
Unlevered Free Cash Flow	-	-107,065	-89,542	-
Change in Working Capital	-	1,273	-773.4	-1,291

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