Cash Flow Statement

Currency: INR

	Mar-2020	Sep-2020	Mar-2021	Sep-2021	Mar-2022	Sep-2022	Mar-2023	Sep-2023
Operating Cash Flow
Net Income	14 698	11 868	15 225	17 936	16 138	17 444	17 232	20 772
Depreciation & Amortization	1 699	1 637	2 007	2 237	2 396	2 476	2 697	2 934
Other Non-Cash Items	(236)	290	131	617	744	381	548	318
Cash Taxes Paid	3 931	2 879	3 709	4 600	4 620	4 599	4 116	4 759
Cash Interest Paid	254	319	293	329	332	309	345	369
Change in Working Capital	(3 365)	(1 891)	(3 442)	(12 458)	(9 724)	(8 702)	(4 902)	2 331
Cash from Operating Activities	12 796 N/A	11 904 -7%	13 921 +17%	8 331 -40%	9 554 +15%	11 600 +21%	15 576 +34%	26 354 +69%
Investing Cash Flow
Capital Expenditures	(4 671)	(4 830)	(3 538)	(3 530)	(3 747)	(3 669)	(5 054)	(6 199)
Other Items	5 701	(1 449)	(13 341)	(3 704)	(1 834)	(2 725)	(3 936)	(8 664)
Cash from Investing Activities	1 029 N/A	(6 280) N/A	(16 879) -169%	(7 234) +57%	(5 581) +23%	(6 394) -15%	(8 990) -41%	(14 863) -65%
Financing Cash Flow
Net Issuance of Common Stock	0	0	0	0	0	0	0	0
Net Issuance of Debt	(12)	(51)	(171)	3 985	359	(1 214)	(1 297)	(4 026)
Cash Paid for Dividends	(8 254)	(4 275)	(7)	(4 323)	(4 319)	(5 084)	(5 083)	(5 597)
Other	(226)	(400)	(584)	(805)	(720)	(386)	(184)	(608)
Cash from Financing Activities	(8 492) N/A	(4 727) +44%	(762) +84%	(1 143) -50%	(4 680) -309%	(6 684) -43%	(6 564) +2%	(10 231) -56%
Change in Cash
Net Change in Cash	5 333 N/A	897 -83%	(3 720) N/A	(46) +99%	(707) -1 437%	(1 478) -109%	22 N/A	1 260 +5 651%
Free Cash Flow
Free Cash Flow	8 125 N/A	7 074 -13%	10 383 +47%	4 801 -54%	5 807 +21%	7 931 +37%	10 522 +33%	20 155 +92%

Pidilite Industries Ltd
NSE:PIDILITIND