| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 12.9 | 21.4 | 25.8 | 52.9 | 66.0 | 51.6 | −21.8% | |
| Cash & short-term investments | 24.4 | 39.8 | 88.4 | 127.5 | 105.0 | 134.8 | +28.4% | |
| Receivables | 9.3 | 10.0 | 10.5 | 19.2 | 128.6 | 178.1 | +38.6% | |
| Inventory | 4.0 | 24.7 | 71.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 37.7 | 75.6 | 171.2 | 240.6 | 233.6 | 175.5 | −24.9% | |
| Property, plant & equipment | 3.2 | 3.2 | 4.3 | 5.7 | 8.3 | 8.5 | +1.7% | |
| Goodwill & intangibles | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | +3.6% | |
| Long-term investments | 45.1 | 18.6 | (11.8) | 0.9 | 193.0 | 241.4 | +25.1% | |
| Total assets | 141.2 | 169.2 | 230.1 | 318.3 | 339.9 | 434.7 | +27.9% | |
| Payables | 27.8 | 34.5 | 32.5 | 53.1 | 53.2 | 55.8 | +4.8% | |
| Short-term debt | 37.2 | 37.5 | 70.5 | 105.0 | 102.0 | 143.8 | +41.0% | |
| Total current liabilities | 73.3 | 81.0 | 34.9 | 56.1 | 53.7 | 144.2 | +168.4% | |
| Long-term debt | 19.7 | 24.0 | 32.2 | 32.5 | 45.3 | 68.7 | +51.7% | |
| Total debt | 56.9 | 61.5 | 102.8 | 138.9 | 147.3 | 212.6 | +44.3% | |
| Net debt | 44.0 | 40.1 | 77.0 | 84.6 | 81.3 | 160.9 | +97.9% | |
| Deferred revenue | 0.5 | 0.4 | 0.2 | (105.2) | 0.0 | 0.0 | — | |
| Total liabilities | 96.3 | 112.2 | 167.3 | 230.6 | 228.6 | 305.2 | +33.5% | |
| Total equity | 44.6 | 56.7 | 62.5 | 87.3 | 110.8 | 128.9 | +16.3% | |
| Retained earnings | 32.0 | 43.0 | 49.9 | 71.5 | 93.4 | 107.9 | +15.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
