| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (2.5) | (2.4) | (2.4) | (2.2) | (2.2) | (1.9) | +13.5% | |
| Depreciation & amortization | 2.3 | 2.3 | 2.8 | 3.6 | 3.7 | 3.9 | +4.8% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | 0.5 | (0.2) | 0.1 | 0.7 | 0.6 | (0.5) | −184.8% | |
| Operating cash flow | 0.3 | 0.7 | 1.2 | 3.5 | 3.5 | 2.8 | −19.3% | |
| Capital expenditure | (0.4) | (1.4) | (3.5) | (2.8) | (2.7) | (3.7) | −40.1% | |
| Acquisitions | 2.7 | (7.8) | (3.4) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (3.4) | (10.8) | 0.1 | (2.1) | (2.1) | (4.9) | −133.2% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.0) | (1.1) | 0.2 | 0.1 | 1.3 | (0.3) | −120.5% | |
| Financing cash flow | 3.6 | 11.1 | (1.7) | (2.5) | 3.8 | (3.0) | −178.1% | |
| Free cash flow | (0.1) | (0.7) | (2.3) | 0.6 | 0.8 | (0.9) | −205.3% | |
| Net change in cash | 0.8 | 1.0 | (0.3) | (1.2) | 5.0 | (4.8) | −194.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
