Exide Pakistan Limited (EXIDE) cash flow statement

Operating activities generated Rs 2.7 mn of cash in FY2026 (Apr 2025 – Mar 2026), 1% of the starting profit. Capital expenditure was Rs 190.4 mn, leaving free cash flow of -Rs 187.7 mn. Overall, cash decreased by Rs 404.3 mn.

EXIDE cash flow statement (annual) (Rs mn)
Rs mn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 * Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 * Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 * Apr 2010 – Mar 2011	FY2010 * Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2008 Apr 2007 – Mar 2008
Operating activities
Profit (cash-flow starting line, as reported)	410.2	1,041.2	2,154.7	1,152.4	209.9	175.7	(435.9)	(410.9)	—	1,060.9	651.5	617.5	603.5	754.3	500.9	429.7	303.6	182.0	143.2
Depreciation & amortisation	222.7	201.2	194.8	164.6	137.0	142.2	161.0	168.1	—	146.6	136.2	126.4	113.0	93.8	97.4	76.7	62.8	72.0	40.2
Net cash from operating activities	2.7	(1,752.6)	(1,439.8)	2,860.3	(685.1)	139.2	824.0	(1,037.7)	37.0	379.3	(657.2)	(339.2)	(580.5)	795.8	282.3	280.9	(272.4)	383.6	(128.0)
Investing activities
Capital expenditure	(190.4)	(380.5)	(224.9)	(335.5)	(223.6)	(75.8)	(58.6)	(50.8)	(224.8)	(237.0)	(62.3)	(191.6)	(323.8)	(115.2)	(90.7)	(119.9)	(170.3)	(144.3)	(76.8)
Net cash from investing activities	(174.0)	(316.2)	(214.9)	(331.5)	(216.1)	(71.3)	216.5	(43.0)	(212.9)	(231.6)	(59.6)	(185.0)	(321.8)	(112.6)	(86.1)	(119.0)	(165.1)	(141.8)	(73.8)
Financing activities
Dividends paid	—	—	—	—	—	—	—	—	—	(77.5)	(57.5)	(57.6)	(42.3)	(42.3)	(34.1)	(33.2)	(33.1)	(17.7)	(6.5)
Borrowings raised / (repaid)	(233.0)	455.9	1,295.8	(807.3)	60.9	(48.1)	(195.0)	0.1	305.6	—	—	—	0.0	(28.0)	(72.0)	0.0	70.0	0.0	(40.0)
Net cash from financing activities	(233.0)	455.9	1,295.8	(931.9)	(79.9)	226.9	(195.0)	0.1	305.6	(77.5)	(57.5)	(57.6)	(42.3)	(70.3)	(106.1)	(51.9)	15.6	(144.0)	33.5
Net change in cash	(404.3)	(1,612.9)	(358.9)	1,596.9	(981.2)	294.8	845.5	(1,080.7)	129.6	70.2	(774.3)	(581.8)	(944.7)	612.9	90.0	110.1	(421.9)	97.8	(168.3)
Key figures
Free cash flow (operating cash flow − capex)	(187.7)	(2,133.1)	(1,664.7)	2,524.8	(908.7)	63.4	765.4	(1,088.5)	(187.8)	142.4	(719.6)	(530.8)	(904.3)	680.6	191.6	161.0	(442.7)	239.3	(204.8)

EXIDE cash flow statement — year-on-year change (Rs mn)
Rs mn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 * Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 * Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 * Apr 2010 – Mar 2011	FY2010 * Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2008 Apr 2007 – Mar 2008
Operating activities
Profit (cash-flow starting line, as reported)	-60.6%	-51.7%	+87.0%	+449.0%	+19.5%	—	—	—	—	+62.8%	+5.5%	+2.3%	-20.0%	+50.6%	+16.6%	+41.6%	+66.8%	+27.1%	—
Depreciation & amortisation	+10.7%	+3.3%	+18.3%	+20.1%	-3.7%	-11.6%	-4.2%	—	—	+7.6%	+7.7%	+11.9%	+20.5%	-3.7%	+27.0%	+22.2%	-12.8%	+79.1%	—
Net cash from operating activities	—	—	-150.3%	—	-592.3%	-83.1%	—	-2,905.4%	-90.2%	—	—	—	-172.9%	+182.0%	+0.5%	—	-171.0%	—	—
Investing activities
Capital expenditure	-50.0%	+69.2%	-33.0%	+50.0%	+195.1%	+29.4%	+15.3%	-77.4%	-5.1%	+280.1%	-67.5%	-40.8%	+181.0%	+27.1%	-24.4%	-29.6%	+18.0%	+87.8%	—
Net cash from investing activities	—	—	—	—	—	-132.9%	—	—	—	—	—	—	—	—	—	—	—	—	—
Financing activities
Dividends paid	—	—	—	—	—	—	—	—	—	+34.9%	-0.2%	+36.1%	+0.0%	+24.1%	+2.8%	+0.1%	+87.6%	+171.1%	—
Borrowings raised / (repaid)	-151.1%	-64.8%	—	-1,425.3%	—	—	-390,100.0%	-100.0%	—	—	—	—	—	—	—	-100.0%	—	—	—
Net cash from financing activities	-151.1%	-64.8%	—	—	-135.2%	—	-390,100.0%	-100.0%	—	—	—	—	—	—	—	-433.2%	—	-530.0%	—
Net change in cash	—	—	-122.5%	—	-432.8%	-65.1%	—	-933.6%	+84.6%	—	—	—	-254.1%	+580.9%	-18.3%	—	-531.5%	—	—
Key figures
Free cash flow (operating cash flow − capex)	—	—	-165.9%	—	-1,533.6%	-91.7%	—	—	-231.9%	—	—	—	-232.9%	+255.2%	+19.0%	—	-285.0%	—	—

Change against the previous fiscal year; shown when the earlier figure is positive.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 48

EXIDE cash flow statement — all reported line items (Rs mn)
Rs mn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 Apr 2010 – Mar 2011	FY2010 Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2008 Apr 2007 – Mar 2008
Profit/(Loss) - Starting Line - Cash Flow	410.2	1,041.2	2,154.7	1,152.4	209.9	175.7	(435.9)	(410.9)	—	1,060.9	651.5	617.5	603.5	754.3	500.9	429.7	303.6	182.0	143.2
Non-cash Items & Reconciliation Adjustments - Cash Flow	771.0	908.5	987.9	897.5	913.3	327.1	425.6	429.5	550.1	220.5	333.6	379.4	208.5	135.1	253.6	206.0	137.4	152.9	42.2
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(98.9)	56.0	31.8	319.8	513.7	6.6	14.8	6.0	550.1	76.1	199.4	257.9	97.4	43.0	158.0	130.0	77.1	83.1	2.9
Financial Income/(Expense) - Cash Flow - to Reconcile	650.6	652.4	771.7	415.9	268.8	180.6	403.1	259.1	—	—	—	—	—	—	—	—	—	—	—
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	222.7	201.2	194.8	164.6	137.0	142.2	161.0	168.1	—	146.6	136.2	126.4	113.0	93.8	97.4	76.7	62.8	72.0	40.2
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	220.7	199.3	194.8	164.6	137.0	141.5	152.9	160.0	—	146.6	136.2	126.4	113.0	91.1	94.7	76.7	62.8	72.0	40.2
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	2.0	1.9	—	—	0.0	0.8	8.1	8.1	—	—	—	—	0.0	2.7	2.7	0.0	—	—	—
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	(3.3)	(0.5)	(9.3)	(2.8)	(6.3)	(2.3)	(153.3)	(3.7)	—	(2.1)	(2.0)	(4.9)	(1.8)	(1.8)	(1.9)	(0.7)	(2.5)	(2.1)	(0.9)
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(0.2)	(0.7)	(1.1)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow	465.5	1,289.3	688.4	57.2	187.1	38.2	302.7	288.7	379.8	300.2	285.6	289.8	493.5	190.6	242.7	186.9	129.2	81.9	67.0
Interest Paid - Cash	752.0	765.8	694.5	426.9	227.2	226.3	385.9	218.1	133.3	64.3	208.6	216.9	73.6	64.1	172.9	95.7	77.9	84.4	43.2
Cash Flow from Operating Activities before Changes in Working Capital	(36.4)	(105.4)	1,759.7	1,565.8	709.0	238.4	(698.9)	(488.2)	37.0	917.0	491.0	490.2	244.9	634.7	338.9	353.1	233.8	168.6	75.2
Working Capital - Increase/(Decrease) - Cash Flow	39.1	(1,647.2)	(3,199.5)	1,294.5	(1,394.1)	(99.2)	1,522.9	(549.6)	—	(537.6)	(1,148.2)	(829.4)	(825.5)	161.1	(56.6)	(72.2)	(506.2)	215.0	(203.2)
Accounts Receivables - Decrease/(Increase) - Cash Flow	230.2	263.5	(3,957.5)	1,860.8	(41.6)	813.4	386.7	(426.7)	—	171.6	(1,182.0)	(742.0)	(315.6)	58.1	(28.0)	(115.8)	(39.0)	4.5	(53.2)
Inventories - Decrease/(Increase) - Cash Flow	1,533.9	(1,316.8)	(1,332.6)	(1,134.1)	(782.8)	(864.5)	295.0	72.5	—	(1,078.5)	(411.7)	(61.1)	(775.6)	(114.5)	356.1	(414.7)	(619.0)	153.4	(368.5)
Other Assets - Decrease/(Increase) - Cash Flow	15.6	223.0	173.8	(461.2)	25.9	(52.4)	16.7	(4.7)	—	(25.7)	16.3	3.3	33.1	(38.4)	(13.4)	(11.7)	(8.7)	46.8	(31.1)
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	(1,823.6)	(952.7)	1,936.9	1,215.7	(595.6)	4.3	602.5	(190.7)	—	394.9	429.1	(29.6)	232.6	255.9	(371.3)	470.0	160.5	10.2	249.7
Taxes Payable - Increase/(Decrease) - Cash Flow	82.9	135.7	(20.1)	(186.6)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Assets & Liabilities - Increase/(Decrease) - Net - Cash Flow	—	—	—	—	—	—	221.9	—	—	—	—	—	—	—	—	—	—	—	—
Net Cash Flow from Operating Activities	2.7	(1,752.6)	(1,439.8)	2,860.3	(685.1)	139.2	824.0	(1,037.7)	37.0	379.3	(657.2)	(339.2)	(580.5)	795.8	282.3	280.9	(272.4)	383.6	(128.0)
Capital Expenditures - Net - Cash Flow	174.0	316.2	214.9	331.5	216.1	71.3	(216.5)	43.0	212.9	231.6	59.6	185.0	321.8	112.6	86.1	119.0	165.1	141.8	73.8
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	174.0	310.1	214.9	331.5	216.1	71.3	(216.5)	43.0	212.9	231.6	59.6	185.0	321.8	112.6	86.1	119.0	165.1	141.8	73.8
Property, Plant & Equipment - Purchased - Cash Flow	190.4	374.4	224.9	335.5	223.6	75.8	58.6	50.8	224.8	237.0	62.3	191.6	323.8	115.2	90.7	119.9	170.3	144.3	76.8
Property, Plant & Equipment Sold - Cash Flow	16.4	64.3	10.0	4.0	7.5	4.5	275.1	7.8	11.9	5.4	2.8	6.6	1.9	2.6	4.5	0.9	5.2	2.5	3.0
Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow	0.0	6.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Intangible Assets - Purchased/Acquired - Cash Flow	0.0	6.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Capital Expenditures - Total	190.4	380.5	224.9	335.5	223.6	75.8	58.6	50.8	224.8	237.0	62.3	191.6	323.8	115.2	90.7	119.9	170.3	144.3	76.8
Net Cash Flow from Investing Activities	(174.0)	(316.2)	(214.9)	(331.5)	(216.1)	(71.3)	216.5	(43.0)	(212.9)	(231.6)	(59.6)	(185.0)	(321.8)	(112.6)	(86.1)	(119.0)	(165.1)	(141.8)	(73.8)
Dividends Paid - Cash - Total - Cash Flow	—	—	—	—	—	—	—	—	—	77.5	57.5	57.6	42.3	42.3	34.1	33.2	33.1	17.7	6.5
Dividends - Common - Cash Paid	—	—	—	—	—	—	—	—	—	77.5	57.5	57.6	42.3	42.3	34.1	33.2	33.1	17.7	6.5
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(233.0)	455.9	1,295.8	(807.3)	60.9	(48.1)	(195.0)	0.1	305.6	—	—	—	0.0	(28.0)	(72.0)	0.0	70.0	0.0	(40.0)
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	(225.1)	450.3	1,299.9	(807.6)	65.0	(7.0)	(195.0)	0.1	305.6	—	—	—	—	—	—	—	—	—	—
Debt - Issued/Reduced - Long-Term - Cash Flow	(8.0)	5.5	(4.2)	0.3	(4.1)	(41.1)	—	—	—	—	—	—	0.0	(28.0)	(72.0)	0.0	70.0	0.0	(40.0)
Debt - Issued - Long-Term - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.0	70.0	—	—
Debt - Reduced - Long-Term - Cash Flow	—	—	—	—	4.1	41.1	—	—	—	—	—	—	—	—	—	—	—	0.0	40.0
Other Financing Cash Flow - Increase/(Decrease)	—	—	0.0	(124.7)	(140.8)	275.0	—	—	—	—	—	—	—	—	0.0	(18.7)	(21.3)	(126.3)	80.0
Net Cash Flow from Financing Activities	(233.0)	455.9	1,295.8	(931.9)	(79.9)	226.9	(195.0)	0.1	305.6	(77.5)	(57.5)	(57.6)	(42.3)	(70.3)	(106.1)	(51.9)	15.6	(144.0)	33.5
Net Change in Cash - Total	(404.3)	(1,612.9)	(358.9)	1,596.9	(981.2)	294.8	845.5	(1,080.7)	129.6	70.2	(774.3)	(581.8)	(944.7)	612.9	90.0	110.1	(421.9)	97.8	(168.3)
Net Cash from Continuing Operations	(404.3)	(1,612.9)	(358.9)	1,596.9	(981.2)	294.8	845.5	(1,080.7)	129.6	70.2	(774.3)	(581.8)	(944.7)	612.9	90.0	110.1	(421.9)	97.8	(168.3)
Net Cash - Beginning Balance	(1,074.4)	560.1	919.0	(677.9)	(1,910.2)	(2,205.0)	(3,050.6)	(1,969.9)	(2,099.6)	(2,169.8)	(1,395.5)	(813.7)	131.0	(481.8)	(571.8)	(682.0)	(260.1)	(357.8)	(189.6)
Net Cash - Ending Balance	(1,478.7)	(1,052.8)	560.1	919.0	(2,891.4)	(1,910.2)	(2,205.0)	(3,050.6)	(1,969.9)	(2,099.6)	(2,169.8)	(1,395.5)	(813.7)	131.0	(481.8)	(571.8)	(682.0)	(260.1)	(357.8)
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	465.5	1,289.3	688.4	57.2	187.1	38.2	302.7	288.7	379.8	300.2	285.6	289.8	493.5	190.6	242.7	186.9	129.2	81.9	67.0
Interest Paid - Cash Flow - Supplemental	752.0	765.8	694.5	426.9	227.2	226.3	385.9	218.1	133.3	64.3	208.6	216.9	73.6	64.1	172.9	95.7	77.9	84.4	43.2
CF from Optg Activities before Change in WC & Int Payments	715.7	660.4	2,454.1	1,992.7	936.2	464.6	(313.0)	(270.1)	170.2	981.2	699.5	707.1	318.5	698.8	511.8	448.8	311.7	253.0	118.4
Depreciation, Depletion & Amortization - Cash Flow	222.7	201.2	194.8	164.6	137.0	142.2	161.0	168.1	—	146.6	136.2	126.4	113.0	93.8	97.4	76.7	62.8	72.0	40.2
Free Cash Flow to Equity	(404.3)	(1,612.9)	(358.9)	1,721.6	(840.4)	19.7	845.5	(1,080.7)	129.6	147.8	(716.8)	(524.1)	(902.4)	655.2	124.1	162.0	(367.5)	241.8	(241.8)
Free Cash Flow Net of Dividends	(187.7)	(2,133.1)	(1,664.7)	2,524.8	(908.7)	63.4	765.4	(1,088.5)	(187.8)	64.8	(777.1)	(588.4)	(946.7)	638.2	157.5	127.9	(475.8)	221.6	(211.3)
Free Cash Flow	(187.7)	(2,133.1)	(1,664.7)	2,524.8	(908.7)	63.4	765.4	(1,088.5)	(187.8)	142.4	(719.6)	(530.8)	(904.3)	680.6	191.6	161.0	(442.7)	239.3	(204.8)

Every line the company reported, in the original order and wording, without regrouping or signs changed.