| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 16.1 | 19.1 | 24.0 | 27.2 | 52.6 | 56.2 | +6.9% | |
| Depreciation & amortization | 29.8 | 29.4 | 31.8 | 38.1 | 44.9 | 51.3 | +14.3% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 6.4 | (20.8) | (6.8) | (10.1) | (20.8) | 9.4 | +145.3% | |
| Operating cash flow | 50.5 | 24.6 | 46.4 | 75.7 | 62.9 | 112.8 | +79.5% | |
| Capital expenditure | (19.7) | (25.1) | (22.2) | (41.3) | (45.6) | (60.5) | −32.7% | |
| Acquisitions | 0.0 | (1.1) | (2.6) | (27.2) | (5.5) | (2.7) | +50.1% | |
| Investing cash flow | (18.9) | (23.1) | (22.4) | (66.6) | (48.6) | (61.2) | −26.0% | |
| Dividends paid | (0.0) | (4.7) | (2.9) | (4.4) | (5.8) | (6.0) | −3.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (2.8) | — | |
| Debt issued / repaid | (11.3) | 2.5 | (10.6) | 40.4 | (56.6) | 1.3 | +102.2% | |
| Financing cash flow | (21.0) | (12.2) | (27.3) | 12.8 | (25.5) | (32.7) | −28.4% | |
| Free cash flow | 30.8 | (0.5) | 24.2 | 34.4 | 17.3 | 52.3 | +203.2% | |
| Net change in cash | 10.7 | (10.6) | (3.4) | 22.1 | (11.0) | 18.7 | +270.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
