| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.8 | 22.2 | 23.3 | 28.6 | 34.1 | 47.7 | +40.0% | |
| Cost of revenue | 4.8 | 7.4 | 8.0 | 11.3 | 1.2 | 26.8 | +2121.4% | |
| Gross profit | 12.0 | 14.8 | 15.4 | 17.4 | 32.9 | 20.8 | −36.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.8 | 0.6 | 0.6 | 2.7 | 2.0 | 1.7 | −16.3% | |
| Selling & marketing | 1.6 | 0.0 | 0.0 | 1.4 | 0.9 | 0.0 | −100.0% | |
| Operating expenses | 1.9 | 1.3 | 1.5 | 2.4 | 2.0 | 1.7 | −16.3% | |
| Operating income | 10.1 | 13.5 | 13.9 | 15.0 | 30.9 | 19.2 | −37.9% | |
| Interest expense | 6.9 | 10.5 | 10.1 | 13.1 | 14.9 | 16.5 | +10.4% | |
| Interest income | 0.1 | 0.2 | 0.2 | 0.4 | 0.6 | 0.5 | −10.2% | |
| Other income / expense | (6.7) | (10.0) | (9.2) | (11.9) | (26.4) | (14.7) | +44.5% | |
| Pre-tax income | 3.4 | 3.5 | 4.7 | 3.2 | 4.4 | 4.5 | +1.1% | |
| Income tax | 0.1 | 0.1 | 0.0 | 0.2 | 0.3 | 0.5 | +49.1% | |
| Net income | 3.3 | 3.5 | 4.6 | 2.9 | 4.0 | 3.9 | −1.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 5.72 | 5.03 | 6.51 | 3.89 | 4.93 | 4.57 | −7.3% | |
| EPS, diluted (per share) | 5.72 | 5.03 | 6.51 | 3.89 | 4.93 | 4.57 | −7.3% | |
| EBITDA | 14.6 | 20.6 | 21.8 | 25.6 | 30.4 | 30.6 | +0.7% | |
| Depreciation & amortization | 4.3 | 6.7 | 7.0 | 9.4 | 11.0 | 11.4 | +4.0% | |
| Weighted average shares (shares) | 583,490,000 | 693,140,000 | 700,180,000 | 733,598,000 | 808,210,000 | 861,990,000 | +6.7% | |
| Weighted average diluted shares (shares) | 583,490,000 | 693,140,000 | 700,180,000 | 732,980,000 | 808,210,000 | 861,990,000 | +6.7% | |
| Gross margin | 71.6% | 66.6% | 65.9% | 60.6% | 96.5% | 43.7% | −52.8 pts | |
| Operating margin | 60.5% | 60.5% | 59.5% | 52.4% | 90.6% | 40.2% | −50.4 pts | |
| Net margin | 19.9% | 15.7% | 19.5% | 10.0% | 11.7% | 8.3% | −3.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
