| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 16.2 | 17.0 | 17.1 | 11.4 | 10.7 | 31.1 | +189.8% | |
| Depreciation & amortization | 13.3 | 14.3 | 16.1 | 17.8 | 19.1 | 19.8 | +3.8% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 0.6 | (5.6) | (15.8) | 5.9 | 18.5 | 34.1 | +84.6% | |
| Operating cash flow | 37.8 | 41.0 | 37.8 | 60.4 | 87.0 | 110.0 | +26.5% | |
| Capital expenditure | (39.5) | (41.9) | (47.0) | (54.3) | (93.8) | (144.3) | −53.9% | |
| Acquisitions | (5.6) | (1.4) | (0.4) | (0.3) | (17.7) | (0.5) | +97.1% | |
| Investing cash flow | (40.3) | (39.5) | (47.0) | (49.4) | (152.3) | (140.8) | +7.5% | |
| Dividends paid | (0.0) | (0.0) | 0.0 | (0.9) | 0.0 | 0.0 | — | |
| Share buybacks | (6.8) | (0.0) | (30.8) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 19.3 | 21.4 | 23.3 | 26.8 | 25.1 | 65.7 | +161.3% | |
| Financing cash flow | (7.4) | (2.3) | 9.2 | (5.4) | 79.8 | 26.3 | −67.0% | |
| Free cash flow | (1.7) | (0.9) | (9.3) | 6.1 | (6.8) | (34.4) | −403.0% | |
| Net change in cash | (9.7) | (0.7) | 0.0 | 5.5 | 14.5 | (4.6) | −131.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
