| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 42.7 | 44.3 | 52.5 | 36.2 | 30.1 | 37.7 | +25.2% | |
| Depreciation & amortization | 13.0 | 11.9 | 12.1 | 11.8 | 11.9 | 19.8 | +65.6% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 1.9 | 17.6 | (10.9) | 22.7 | (3.6) | (17.8) | −392.4% | |
| Operating cash flow | 50.7 | 64.7 | 46.9 | 69.4 | 50.3 | 8.1 | −83.9% | |
| Capital expenditure | (19.8) | (50.1) | (49.6) | (70.0) | (88.5) | (115.7) | −30.7% | |
| Acquisitions | (5.0) | (4.5) | (1.1) | 0.0 | 3.1 | 14.6 | +369.6% | |
| Investing cash flow | (15.3) | (49.7) | (42.5) | (59.7) | (75.5) | (100.7) | −33.4% | |
| Dividends paid | (18.5) | (19.5) | (22.6) | (23.3) | (23.1) | (23.5) | −1.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 2.1 | 21.7 | 29.8 | 34.7 | 71.6 | 127.2 | +77.7% | |
| Financing cash flow | (31.4) | (6.4) | (8.0) | (5.8) | 19.0 | 103.5 | +443.5% | |
| Free cash flow | 30.9 | 14.6 | (2.7) | (0.6) | (38.3) | (107.6) | −181.4% | |
| Net change in cash | 4.1 | 8.7 | (2.9) | 3.9 | (6.2) | 27.2 | +537.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
