| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 15.4 | 21.3 | 25.6 | 9.0 | 8.8 | 5.7 | −35.2% | |
| Depreciation & amortization | 4.2 | 3.3 | 3.8 | 4.2 | 5.1 | 7.6 | +48.9% | |
| Stock-based compensation | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | — | |
| Change in working capital | 33.1 | 2.2 | (20.1) | (0.3) | 0.1 | (12.2) | −9002.1% | |
| Operating cash flow | 47.7 | 22.8 | 3.6 | 19.7 | 19.4 | 13.4 | −30.9% | |
| Capital expenditure | (3.3) | (4.5) | (8.6) | (9.7) | (10.5) | (16.2) | −54.6% | |
| Acquisitions | 8.2 | (0.2) | (1.6) | 0.0 | 4.3 | (6.9) | −260.3% | |
| Investing cash flow | (5.6) | (17.3) | 4.9 | (17.4) | (27.8) | (3.3) | +88.2% | |
| Dividends paid | (2.2) | (3.5) | (2.5) | (2.3) | (1.5) | (2.3) | −49.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (31.0) | 0.2 | 3.6 | 0.7 | 6.5 | 1.8 | −71.4% | |
| Financing cash flow | (36.0) | (5.0) | (1.8) | (5.0) | 0.7 | (1.9) | −361.7% | |
| Free cash flow | 44.4 | 18.3 | (5.0) | 10.0 | 8.4 | (2.8) | −133.2% | |
| Net change in cash | 6.3 | 0.5 | 6.6 | (2.7) | (8.0) | 8.8 | +209.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
