| Y/e 31 Mar( In .Cr) | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | 
|---|---|---|---|---|
Profit before tax  | 135.89  | 81.58  | 63.15  | 40.54  | 
Depreciation  | -14.64  | -13.46  | -8.59  | -7.3  | 
Tax paid  | -20.14  | -11.87  | -11.66  | -9.53  | 
Working capital  | 2.94  | 90.95  | -13.38  | 17.17  | 
Other operating items  | ||||
Operating  | 104.03  | 147.19  | 29.52  | 40.88  | 
Capital expenditure  | 15.92  | 38.08  | 17  | 3.47  | 
Free cash flow  | 119.95  | 185.27  | 46.52  | 44.35  | 
Equity raised  | 624.95  | 523.95  | 489.74  | 469.4  | 
Investing  | 1.5  | -18.67  | 14.34  | 2.81  | 
Financing  | 33.06  | 5.87  | 4.64  | 2.12  | 
Dividends paid  | 67.77  | 0  | 21.65  | 8.55  | 
Net in cash  | 847.24  | 696.42  | 576.89  | 527.24  | 
Novigo’s revenue grew at a compound annual growth rate of 44% for over 3 years with 25% EBITDA margin and healthy cash flow, stated the company in its filing.
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