Filing Flows

Filing Flows › Companies › Roadzen › Cash flow

Roadzen cash flow, quarter by quarter

Latest: Q1 FY27 · from the cash-flow statements filed with the SEC

Free cash flow−$5.9M in Q1 FY27 · −$24.0M over twelve months

Operating cash flow−$5.5M
Capital spending−$464K
Free cash flow−$5.9M
Cash conversion cycle-130 days

Analysis

In Q1 FY27, Roadzen generated −$5.5M of operating cash flow and spent $464K on capital projects, leaving free cash flow of −$5.9M. That is $2.7M less than in Q1 FY26 (−$3.2M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$22.8M; the largest uses were operating cash flow ($22.8M), capital spending ($1.2M), other investing ($887K); besides operations, cash came from shares issued ($12.6M), net borrowing (+) / repaid (−) ($7.1M); the cash balance rose by $1.4M.

Operating cash flow was −$5.5M against net income of −$9.8M. The largest differences: prepaid and other assets −$2.1M, depreciation & amortization +$730K, other liabilities +$453K.

Its cash conversion cycle was -130 days (receivables 41 + inventory 2 − payables 173): suppliers fund its working capital.

Free cash flow

Roadzen: free cash flow by quarterRoadzen: free cash flow by quarter−$5.6MQ2 FY25−$3.2MQ3 FY25−$3.7MQ4 FY25−$3.2MQ1 FY26−$6.1MQ2 FY26−$7.5MQ3 FY26−$3.8MQ4 FY26−$5.9MQ1 FY27
Operating cash flow less capital spending.
Roadzen: operating cash flow against capital spendingRoadzen: operating cash flow against capital spendingOperating cash flowCapital spending−$5.6M$0Q2 FY25−$3.2M$0Q3 FY25−$3.7M$0Q4 FY25−$2.9M$274KQ1 FY26−$6.1M$0Q2 FY26−$7.5M$0Q3 FY26−$3.8M$0Q4 FY26−$5.5M$464KQ1 FY27
Latest (Q1 FY27): Operating cash flow −$5.5M, Capital spending $464K.

Capital allocation, year by year

Roadzen: where the cash came from (up) and went (down), by fiscal yearRoadzen: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsFY23: Operating cash flow −$7.5MFY23: Net borrowing $7.9MFY23: Shares issued $458KFY23: Asset sales $1KFY23: Capital spending −$842K$8.4MFY23FY24: Operating cash flow −$19.2MFY24: Net borrowing $17.9MFY24: Shares issued $6.1MFY24: Capital spending −$456KFY24: Acquisitions −$5.7M$24.0MFY24FY25: Operating cash flow −$18.1MFY25: Net borrowing $3.7MFY25: Shares issued $7.1MFY25: Capital spending −$425K$10.7MFY25FY26: Operating cash flow −$20.3MFY26: Net borrowing $8.3MFY26: Shares issued $6.5MFY26: Capital spending −$1.0M$14.8MFY26
Over these 4 years operating cash flow totalled −$65.2M; the largest uses were operating cash flow ($65.2M) and acquisitions ($5.7M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$6.0M
Debt$33.0M
Net debt$27.0M
Due within a year$19.3M
Cash runway3 months

Roadzen is burning cash: its operations consume cash, a free cash flow of −$24.0M a year at the current rate against $6.0M of cash and investments: a runway of about 3 months; $19.3M of debt also comes due within a year, which would need refinancing or new money before any new financing.

Where the cash came from and went

Roadzen: sources (+) and uses (−) of cash, Q1 FY27Roadzen: sources (+) and uses (−) of cash, Q1 FY27Shares issued$7.5MOperating cash flow−$5.5MNet borrowing (+) / repaid (−)−$1.2MOther investing−$927KCash drawn (+) / kept (−)$579KCapital spending−$464K
Roadzen: sources (+) and uses (−) of cash, TTM to Q1 FY27Roadzen: sources (+) and uses (−) of cash, TTM to Q1 FY27Operating cash flow−$22.8MShares issued$12.6MNet borrowing (+) / repaid (−)$7.1MOther financing$6.6MCash drawn (+) / kept (−)−$1.4MCapital spending−$1.2MOther investing−$887KNot reconciled$25K

From profit to cash

Roadzen: net income to operating cash flow, Q1 FY27Roadzen: net income to operating cash flow, Q1 FY27Net income−$9.8MDepreciation & amortization$730KStock-based pay$75KDeferred taxes−$16KReceivables$160KInventory−$72KPayables$246KPrepaid and other assets−$2.1MOther liabilities$453KOperating cash flow−$5.5M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q1 FY27412173-130
Q4 FY26312241-207
Q3 FY26203259-235
Q2 FY26182242-222
Q1 FY26223354-329
Q4 FY25224415-389
Q3 FY25232419-393
Q2 FY25231384-360

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q1 FY27−$5.5M−$464K−$1.2M$7.5M$579K−$5.9M
Q4 FY26−$3.8M—−$272K$10K−$1.5M−$3.8M
Q3 FY26−$7.5M—$4.9M$2.8M$406K−$7.5M
Q2 FY26−$6.1M——$2.3M−$922K−$6.1M
Q1 FY26−$2.9M−$274K$50K$1.4M$1.7M−$3.2M
Q4 FY25−$3.7M—−$1.0M$4.6M$776K−$3.7M
Q3 FY25−$3.2M—$243K—$180K−$3.2M
Q2 FY25−$5.6M—$3.3M—$2.1M−$5.6M

Roadzen: income statement and cash flow

Roadzen, Q1 FY27: revenue $16.2M (+49% year over year), operating margin -9.5%. The chart follows the revenue to costs, profit and cash.

Roadzen: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.