| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.3 | 20.6 | 28.5 | 31.4 | 34.3 | 38.2 | +11.2% | |
| Cost of revenue | 13.7 | 23.0 | 23.2 | 24.0 | 25.5 | 30.5 | +19.9% | |
| Gross profit | 4.3 | (2.4) | 5.4 | 7.3 | 8.9 | 7.6 | −13.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 0.8 | 0.9 | 2.5 | 1.5 | 5.8 | +286.0% | |
| Selling & marketing | 0.4 | 0.6 | 0.8 | 2.3 | 2.6 | 0.0 | −100.0% | |
| Operating expenses | 3.4 | 2.5 | 2.4 | 1.3 | 1.5 | 5.8 | +286.0% | |
| Operating income | 0.6 | (5.0) | 0.6 | 6.0 | 7.4 | 1.9 | −74.7% | |
| Interest expense | 0.5 | 0.5 | 0.6 | 0.8 | 0.9 | 0.8 | −12.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.2) | (0.2) | (0.1) | (5.1) | (6.0) | (0.3) | +94.4% | |
| Pre-tax income | 0.4 | (5.2) | 0.5 | 0.9 | 1.3 | 1.5 | +14.9% | |
| Income tax | 0.2 | 0.1 | (0.0) | (0.0) | 0.1 | 0.2 | +25.7% | |
| Net income | 0.2 | (5.3) | 0.5 | 0.9 | 1.2 | 1.4 | +13.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 2.47 | (56.91) | 5.07 | 7.71 | 9.97 | 11.06 | +10.9% | |
| EPS, diluted (per share) | 2.46 | (56.91) | 4.96 | 7.47 | 9.51 | 10.57 | +11.1% | |
| EBITDA | 1.4 | (4.2) | 1.7 | 2.2 | 2.5 | 3.0 | +20.5% | |
| Depreciation & amortization | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | +5.2% | |
| Weighted average shares (shares) | 83,938,567 | 93,561,825 | 105,068,319 | 117,487,678 | 124,911,000 | 122,107,000 | −2.2% | |
| Weighted average diluted shares (shares) | 84,114,582 | 93,561,825 | 110,573,276 | 122,961,613 | 124,911,000 | 127,767,000 | +2.3% | |
| Gross margin | 23.4% | −11.8% | 19.0% | 23.4% | 25.8% | 20.0% | −5.8 pts | |
| Operating margin | 3.4% | −24.2% | 2.2% | 19.1% | 21.4% | 4.9% | −16.6 pts | |
| Net margin | 1.1% | −25.9% | 1.9% | 2.9% | 3.5% | 3.5% | +0.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
