| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.8 | 11.2 | 11.6 | 11.7 | 11.8 | 11.3 | −4.5% | |
| Depreciation & amortization | 2.1 | 2.3 | 2.6 | 3.3 | 3.5 | 3.9 | +10.7% | |
| Stock-based compensation | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | (1.7) | (4.9) | (2.6) | 0.3 | (2.7) | (0.2) | +93.6% | |
| Operating cash flow | 8.0 | 5.7 | 9.8 | 15.9 | 12.7 | 15.6 | +23.3% | |
| Capital expenditure | (1.9) | (7.7) | (7.5) | (2.7) | (4.3) | (5.2) | −20.6% | |
| Acquisitions | (0.2) | (2.1) | (1.3) | 0.0 | (0.1) | 0.1 | +292.8% | |
| Investing cash flow | (4.6) | (5.2) | (6.0) | (4.0) | (6.5) | (10.1) | −55.7% | |
| Dividends paid | (0.3) | (2.7) | (3.0) | (3.1) | (4.1) | (4.4) | −8.6% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.5) | 2.9 | 1.0 | (5.6) | (0.4) | (0.1) | +85.8% | |
| Financing cash flow | (2.8) | (0.8) | (3.6) | (10.7) | (6.1) | (6.0) | +0.7% | |
| Free cash flow | 6.1 | (2.1) | 2.3 | 13.2 | 8.4 | 10.5 | +24.7% | |
| Net change in cash | 0.6 | (0.3) | 0.1 | 1.2 | 0.1 | 0.5 | +240.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
