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).

## SICAGEN 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 Sicagen India Limited (SICAGEN), the free cash flow value is -54.70M.

All amounts in INR

Operating Cash
-40.9M
Capital Expenditure
-13.8M
Free Cash Flow
-54.70M

Sicagen India 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).

## SICAGEN Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Sicagen India Limited (NSE:SICAGEN).

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income-6.1M-32M3.6M1.3M
Depreciation109.3M95.7M97.8M59.7M
Change To Netincome134.8M65.5M95.4M99.2M
Change To Account Receivables-770.5M344.8M601.3M-842.7M
Change To Liabilities859.4M-614.2M-869.6M931.5M
Change To Inventory6.2M279.4M-169.5M66.7M
Change To Operating Activities-374M166.1M-131.9M-122.3M
Total Cash From Operating Activities-40.9M309M-369.3M196.1M
Capital Expenditures-13.8M-20.5M-52.3M-38.2M
Investments2.3M-183.9M467.3M-471.7M
Other Cashflows From Investing Activities29.2M33.8M26.4M40.3M
Total Cashflows From Investing Activities173.1M-167.6M447.2M-50.1M
Dividends Paid-23.7M-19.8M-19.1M-28.5M
Net Borrowings-77.5M-45.8M-79.7M-6.2M
Other Cashflows From Financing Activities-52.5M-49.8M-80.7M-81.3M
Total Cash From Financing Activities-153.7M-115.4M-179.5M-116M
Change In Cash-21.5M26M-101.6M30M