| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 25.1 | 20.8 | 30.3 | 21.4 | 21.8 | 25.3 | +16.3% | |
| Depreciation & amortization | 2.0 | 2.0 | 2.3 | 3.0 | 3.1 | 3.4 | +7.5% | |
| Stock-based compensation | 0.2 | 0.0 | 0.6 | 0.6 | 0.0 | 0.0 | — | |
| Change in working capital | (0.6) | (3.3) | 4.1 | 1.6 | (0.0) | (1.2) | −2786.7% | |
| Operating cash flow | 18.5 | 13.0 | 25.3 | 25.7 | 24.8 | 26.5 | +6.7% | |
| Capital expenditure | (2.4) | (5.5) | (7.1) | (5.6) | (3.7) | (2.1) | +45.2% | |
| Acquisitions | (4.4) | 2.1 | 0.5 | 0.6 | 0.1 | 0.0 | −65.5% | |
| Investing cash flow | 4.6 | 9.1 | (15.2) | 4.8 | 0.8 | (9.0) | −1167.5% | |
| Dividends paid | (28.2) | (24.8) | (13.6) | (17.3) | (17.7) | (18.0) | −2.1% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 5.7 | 3.6 | 5.2 | (9.4) | (8.5) | 1.3 | +115.5% | |
| Financing cash flow | (22.4) | (22.5) | (10.3) | (28.4) | (27.6) | (16.8) | +39.3% | |
| Free cash flow | 16.1 | 7.5 | 18.1 | 20.1 | 21.1 | 24.4 | +16.0% | |
| Net change in cash | 0.7 | (0.3) | (0.1) | 2.2 | (1.9) | 1.5 | +179.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
