| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 17.4 | 9.1 | 10.7 | 20.8 | 18.7 | 24.3 | +29.8% | |
| Depreciation & amortization | 11.4 | 12.1 | 12.5 | 14.3 | 16.5 | 17.5 | +6.1% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 18.2 | (25.1) | 6.4 | (3.3) | (17.1) | 2.5 | +114.6% | |
| Operating cash flow | 43.2 | (5.8) | 27.6 | 33.0 | 18.7 | 44.3 | +136.9% | |
| Capital expenditure | (8.5) | (17.1) | (32.9) | (21.6) | (13.1) | (14.3) | −9.6% | |
| Acquisitions | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | — | |
| Investing cash flow | (50.9) | 1.7 | (19.2) | (23.8) | (20.8) | (36.6) | −75.8% | |
| Dividends paid | (0.4) | (0.6) | (0.6) | (0.7) | (0.8) | (1.0) | −17.5% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 1.4 | 8.2 | (3.9) | (3.5) | 8.2 | (5.4) | −165.5% | |
| Financing cash flow | (2.5) | 4.2 | (8.4) | (8.7) | 2.8 | (8.3) | −394.6% | |
| Free cash flow | 34.7 | (22.9) | (5.4) | 11.4 | 5.6 | 29.9 | +434.5% | |
| Net change in cash | (10.1) | 0.1 | (0.1) | 0.5 | 0.7 | 18.1 | +2573.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
