| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 117.4 | 144.6 | 328.6 | 245.7 | 188.1 | 247.7 | +31.7% | |
| Depreciation & amortization | 102.8 | 72.0 | 75.4 | 188.0 | 287.6 | 304.5 | +5.9% | |
| Stock-based compensation | 0.0 | 0.0 | 3.5 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 78.3 | (53.4) | 18.7 | (76.2) | (136.2) | (15.2) | +88.9% | |
| Operating cash flow | 220.5 | 100.9 | 312.5 | 189.6 | 345.5 | 526.1 | +52.3% | |
| Capital expenditure | (45.5) | (78.5) | (632.0) | (1,042.4) | (381.6) | (296.2) | +22.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 8.4 | 6.4 | −24.1% | |
| Investing cash flow | (6.0) | (117.7) | (583.4) | (855.1) | (356.1) | (354.4) | +0.5% | |
| Dividends paid | (32.3) | (32.3) | (32.3) | (37.6) | (37.6) | (37.6) | +0.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 18.9 | 39.0 | 356.4 | 772.9 | 66.3 | (137.0) | −306.7% | |
| Financing cash flow | (17.8) | (10.4) | 303.1 | 645.1 | 15.9 | (187.8) | −1280.1% | |
| Free cash flow | 174.9 | 22.4 | (319.5) | (852.8) | (36.1) | 229.9 | +736.2% | |
| Net change in cash | 196.8 | (27.1) | 32.2 | (20.4) | 88.8 | 72.7 | −18.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
