| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 361.7 | 345.8 | 564.9 | 667.7 | 877.0 | 761.8 | −13.1% | |
| Depreciation & amortization | 85.5 | 96.9 | 106.5 | 107.7 | 170.3 | 197.0 | +15.7% | |
| Stock-based compensation | 9.6 | 7.4 | 4.4 | 6.6 | 0.0 | 0.0 | — | |
| Change in working capital | (87.4) | (260.1) | (256.8) | (224.8) | (703.2) | (589.6) | +16.2% | |
| Operating cash flow | 354.2 | 144.8 | 339.6 | 583.3 | 473.5 | 471.7 | −0.4% | |
| Capital expenditure | (94.7) | (129.5) | (161.2) | (243.6) | (438.5) | (371.5) | +15.3% | |
| Acquisitions | 0.5 | 0.0 | 0.0 | 0.0 | (20.7) | (290.7) | −1307.3% | |
| Investing cash flow | (121.1) | (163.7) | (158.5) | (682.8) | (762.8) | (256.5) | +66.4% | |
| Dividends paid | (10.7) | (38.0) | (43.0) | (72.2) | (140.1) | (113.2) | +19.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (108.8) | 115.5 | (0.8) | (39.1) | 187.2 | 28.0 | −85.0% | |
| Financing cash flow | (224.8) | 17.1 | (132.8) | 319.1 | 102.0 | (63.5) | −162.3% | |
| Free cash flow | 259.5 | 15.3 | 178.4 | 339.7 | 35.0 | 100.2 | +186.8% | |
| Net change in cash | 7.7 | (1.0) | 51.1 | 221.7 | 722.7 | 386.1 | −46.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
