| Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 | Mar-2020 | Mar-2018 |
|---|---|---|---|---|
Profit before tax | 270.06 | 285.95 | 250.04 | 403.11 |
Depreciation | -67.19 | -63.99 | -62.61 | -64.2 |
Tax paid | -55.27 | -41.9 | -73.76 | -139.86 |
Working capital | -1,030.68 | 915.6 | 367.23 | -252.99 |
Other operating items | ||||
Operating | -883.08 | 1,095.66 | 480.9 | -53.94 |
Capital expenditure | 20.35 | 72.8 | -13.52 | 168.95 |
Free cash flow | -862.72 | 1,168.47 | 467.38 | 115.01 |
Equity raised | 5,631.93 | 5,428.19 | 5,124.81 | 4,760.9 |
Investing | 1,092.14 | -506.39 | -386.3 | 391.34 |
Financing | 325.45 | 158.36 | 36.97 | 50.27 |
Dividends paid | 0 | 0 | 83.41 | 71.49 |
Net in cash | 6,186.8 | 6,248.63 | 5,326.27 | 5,389.01 |
Thermax will own a majority 51% stake in the joint venture and OCQ will own 49%, as a part of the companies' strategic alliance to strengthen their global footprint in the chemical sector.
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The parties want to form a strategic relationship by collaborating with the company and its group companies in the flooring chemical business
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