| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.2 | 4.4 | 6.5 | 8.0 | 11.6 | 17.0 | +45.7% | |
| Depreciation & amortization | 6.4 | 8.4 | 9.9 | 10.3 | 10.7 | 14.1 | +31.8% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 | −100.0% | |
| Change in working capital | (1.2) | (32.5) | (66.1) | (37.5) | (0.5) | (39.8) | −7353.8% | |
| Operating cash flow | 11.3 | (15.8) | (43.8) | (8.7) | 35.3 | 9.0 | −74.6% | |
| Capital expenditure | (9.8) | (10.4) | (14.9) | (11.2) | (24.8) | (32.9) | −32.6% | |
| Acquisitions | 0.0 | 0.7 | (0.7) | 9.0 | 3.3 | 3.2 | −1.7% | |
| Investing cash flow | (10.2) | (17.1) | (14.4) | 15.3 | (32.3) | (28.3) | +12.5% | |
| Dividends paid | (0.7) | (0.8) | (2.7) | (3.8) | (4.2) | (4.6) | −7.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (1.0) | 0.0 | +100.0% | |
| Debt issued / repaid | 6.0 | 34.6 | 66.4 | 11.5 | 23.3 | 27.0 | +15.7% | |
| Financing cash flow | 2.6 | 31.2 | 59.8 | 2.8 | 12.1 | 18.1 | +49.7% | |
| Free cash flow | 1.5 | (26.2) | (58.7) | (19.9) | 10.5 | (24.0) | −327.6% | |
| Net change in cash | 5.0 | (1.4) | 4.3 | 9.4 | 18.9 | 3.4 | −82.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
