Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

## NILKAMAL Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

`Free Cash Flow = Operating Cash Flow - Capital Expenditures`

Using above formula to calculate Free Cash Flow for Nilkamal Limited (NILKAMAL), the free cash flow value is -950.34M.

All amounts in INR

Operating Cash
690.66M
Capital Expenditure
-1.64B
Free Cash Flow
-950.34M

Nilkamal Limited has a negative free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

## NILKAMAL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Nilkamal Limited (NSE:NILKAMAL).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income833.5M1.13B1.42B1.17B
Depreciation1B963.71M932.95M510.09M
Change To Netincome149.23M169.52M-34.13M95.08M
Change To Account Receivables-31.09M138.75M173.75M277.95M
Change To Liabilities282.41M395.53M1.41M-375.17M
Change To Inventory-1.63B-916.12M-87.06M-135.23M
Change To Operating Activities79.8M140.96M102.56M195.69M
Total Cash From Operating Activities690.66M2.03B2.52B1.75B
Capital Expenditures-1.64B-775.89M-1.01B-1.14B
Investments639.17M-566.43M-128.1M17.92M
Other Cashflows From Investing Activities30.92M97.34M38.45M32.31M
Total Cashflows From Investing Activities-888.83M-1.21B-1.52B-1.06B
Dividends Paid-149.22M-74.61M-425.98M-193.99M
Net Borrowings1.03B-394.23M-261.29M-338.17M
Other Cashflows From Financing Activities-280.42M-237.17M-309.78M-193.22M
Total Cash From Financing Activities595.86M-706.01M-997.05M-725.39M
Effect Of Exchange Rate-55.11M11.95M-3.83M-1.14M
Change In Cash342.59M126.67M52.48M-42.87M