| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 14.6 | 16.2 | 12.4 | 24.4 | 25.0 | 18.7 | −25.3% | |
| Depreciation & amortization | 0.5 | 0.5 | 0.6 | 0.8 | 1.0 | 1.1 | +12.1% | |
| Stock-based compensation | 0.2 | 0.2 | 0.3 | 0.2 | 0.6 | 0.0 | −100.0% | |
| Change in working capital | 2.4 | 0.3 | (40.3) | (16.6) | (25.8) | (0.6) | +97.6% | |
| Operating cash flow | 9.3 | 10.1 | (30.6) | (3.5) | 12.1 | 15.0 | +23.6% | |
| Capital expenditure | (0.6) | (0.5) | (1.7) | (1.5) | (2.8) | (0.7) | +74.7% | |
| Acquisitions | 2.1 | 5.0 | 1.3 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (2.7) | (4.5) | (2.9) | (2.5) | (10.8) | (43.0) | −299.2% | |
| Dividends paid | (0.3) | (0.9) | (1.5) | (2.5) | (3.0) | 0.0 | +100.0% | |
| Share buybacks | (1.5) | 0.0 | (2.0) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 10.7 | 4.6 | 41.2 | 34.7 | 9.9 | 65.2 | +561.6% | |
| Financing cash flow | 8.6 | 2.8 | 37.8 | 33.1 | 7.5 | 61.5 | +725.4% | |
| Free cash flow | 8.6 | 9.6 | (32.3) | (5.0) | 9.3 | 14.3 | +53.6% | |
| Net change in cash | 4.5 | 8.5 | 4.4 | 27.1 | 13.1 | 68.8 | +426.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
