| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 18.6 | 13.6 | 17.4 | 9.1 | 8.2 | 6.4 | −21.5% | |
| Depreciation & amortization | 3.9 | 4.0 | 4.0 | 5.6 | 6.8 | 10.4 | +54.1% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (1.8) | 7.4 | (3.1) | (3.3) | 4.4 | (12.2) | −378.5% | |
| Operating cash flow | 19.8 | 21.4 | 16.1 | 13.1 | 8.9 | 2.9 | −67.4% | |
| Capital expenditure | (20.7) | (44.3) | (68.4) | (56.5) | (66.7) | (57.0) | +14.5% | |
| Acquisitions | (0.3) | 0.0 | 3.5 | 0.0 | 0.1 | 0.0 | −100.0% | |
| Investing cash flow | (11.4) | (61.3) | (68.5) | (55.0) | (66.4) | (36.5) | +45.0% | |
| Dividends paid | (9.0) | (6.1) | (6.7) | (7.0) | (7.1) | (5.7) | +18.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.6) | 44.0 | 68.3 | 65.2 | 64.6 | 47.1 | −27.0% | |
| Financing cash flow | (11.0) | 36.7 | 55.6 | 45.0 | 57.4 | 41.2 | −28.2% | |
| Free cash flow | (0.8) | (22.9) | (52.4) | (43.4) | (57.8) | (54.1) | +6.4% | |
| Net change in cash | (2.7) | (3.2) | 3.1 | 3.1 | 25.5 | 17.1 | −33.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
