| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 43.0 | 41.9 | 56.9 | 54.6 | 51.0 | 60.0 | +17.6% | |
| Depreciation & amortization | 7.9 | 8.2 | 8.6 | 8.5 | 10.3 | 12.3 | +19.7% | |
| Stock-based compensation | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | +38.1% | |
| Change in working capital | (2.1) | (28.0) | (7.7) | 0.1 | (5.7) | 14.8 | +358.8% | |
| Operating cash flow | 36.8 | 9.9 | 41.9 | 61.0 | 44.2 | 70.9 | +60.2% | |
| Capital expenditure | (2.9) | (5.5) | (14.5) | (25.0) | (18.3) | (14.9) | +18.7% | |
| Acquisitions | 3.7 | (0.8) | (1.8) | (0.3) | 0.4 | 0.0 | −100.0% | |
| Investing cash flow | (5.5) | (3.2) | (12.7) | (25.2) | (8.7) | (13.3) | −52.6% | |
| Dividends paid | (5.0) | (17.6) | (19.4) | (25.5) | (31.4) | (24.3) | +22.8% | |
| Share buybacks | 0.0 | (0.7) | (0.4) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.3 | 3.2 | 2.4 | 0.9 | (2.1) | 12.5 | +700.0% | |
| Financing cash flow | (6.5) | (18.1) | (21.4) | (29.8) | (37.5) | (23.8) | +36.7% | |
| Free cash flow | 33.9 | 4.4 | 27.5 | 36.1 | 25.9 | 56.0 | +115.9% | |
| Net change in cash | 24.9 | (11.4) | 7.7 | 5.7 | (2.7) | 33.8 | +1355.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
