| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 17.9 | 20.5 | 27.0 | 16.4 | 20.7 | 19.6 | −5.3% | |
| Depreciation & amortization | 1.7 | 1.7 | 1.8 | 2.3 | 2.9 | 5.3 | +83.8% | |
| Stock-based compensation | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | 26.9 | 3.7 | (16.5) | (3.6) | 4.5 | (11.1) | −346.2% | |
| Operating cash flow | 41.5 | 20.8 | 5.9 | 14.3 | 24.6 | 14.4 | −41.5% | |
| Capital expenditure | (2.0) | (2.8) | (6.1) | (5.3) | (8.5) | (15.4) | −81.1% | |
| Acquisitions | (0.1) | 0.0 | (1.6) | (2.2) | (0.2) | (7.0) | −3832.8% | |
| Investing cash flow | (12.6) | (16.2) | 6.4 | (13.3) | (26.4) | (6.3) | +76.2% | |
| Dividends paid | (5.3) | (3.5) | (3.5) | (1.9) | (3.5) | (5.3) | −49.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (0.2) | (0.2) | (0.5) | −234.6% | |
| Debt issued / repaid | (16.2) | (0.0) | 0.0 | 0.5 | (0.5) | 0.7 | +229.7% | |
| Financing cash flow | (22.6) | (4.4) | (5.4) | (3.6) | (7.0) | (6.5) | +7.5% | |
| Free cash flow | 39.6 | 18.0 | (0.1) | 9.0 | 16.1 | (1.0) | −106.2% | |
| Net change in cash | 6.4 | 0.1 | 6.9 | (2.7) | (8.7) | 2.2 | +124.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
