| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 33.7 | 27.9 | 35.6 | 47.6 | 54.4 | 56.0 | +3.0% | |
| Depreciation & amortization | 0.5 | 0.6 | 0.7 | 0.7 | 1.0 | 1.2 | +24.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 8.9 | (7.9) | 2.2 | 1.8 | (7.3) | (5.9) | +20.1% | |
| Operating cash flow | (113.2) | (167.3) | (196.2) | (71.5) | (166.1) | 53.8 | +132.4% | |
| Capital expenditure | (0.1) | (0.4) | (0.6) | (0.4) | (0.7) | (0.5) | +29.1% | |
| Acquisitions | 0.0 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | −90.0% | |
| Investing cash flow | 8.6 | (16.3) | (8.0) | 5.9 | (9.4) | (121.3) | −1192.8% | |
| Dividends paid | (4.0) | (4.7) | (4.6) | (4.7) | (5.0) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 108.8 | 160.7 | 275.9 | 94.7 | 195.6 | 36.8 | −81.2% | |
| Financing cash flow | 162.4 | 178.5 | 202.5 | 73.5 | 174.1 | 61.9 | −64.4% | |
| Free cash flow | (113.3) | (167.6) | (196.9) | (71.9) | (166.8) | 53.3 | +131.9% | |
| Net change in cash | (0.4) | (5.1) | (1.8) | 7.8 | (1.3) | 0.5 | +136.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
