| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.9 | 4.3 | 8.1 | 14.7 | 18.0 | 15.2 | −15.5% | |
| Depreciation & amortization | 2.7 | 3.2 | 3.9 | 4.4 | 5.5 | 6.1 | +12.4% | |
| Stock-based compensation | 0.5 | 0.5 | 1.1 | 1.5 | 0.6 | 0.0 | −100.0% | |
| Change in working capital | 1.8 | 1.1 | 2.0 | (1.1) | 0.0 | (3.2) | −7914.6% | |
| Operating cash flow | 9.9 | 11.8 | 18.0 | 18.0 | 21.0 | 19.8 | −5.8% | |
| Capital expenditure | (17.2) | (5.1) | (2.8) | (2.5) | (20.8) | (24.9) | −20.0% | |
| Acquisitions | 1.3 | 0.0 | (2.6) | (18.6) | (9.6) | 0.0 | +100.3% | |
| Investing cash flow | (16.4) | (8.0) | (8.8) | (42.0) | (17.0) | (23.5) | −38.2% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | (1.2) | (1.7) | −45.5% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 8.9 | 3.9 | (5.1) | 0.4 | (0.3) | 7.9 | +2943.0% | |
| Financing cash flow | 6.4 | 0.0 | (8.2) | 25.0 | (5.2) | 5.5 | +206.3% | |
| Free cash flow | (7.3) | 6.7 | 15.2 | 15.5 | 0.2 | (5.1) | −2164.7% | |
| Net change in cash | (0.1) | 3.8 | 0.9 | 1.0 | (1.1) | 16.8 | +1598.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
