| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 78.6 | 83.6 | 74.2 | 70.1 | 75.3 | 81.7 | +8.5% | |
| Depreciation & amortization | 27.0 | 27.1 | 28.9 | 31.5 | 40.1 | 46.4 | +15.7% | |
| Stock-based compensation | 0.1 | 0.2 | 0.4 | 0.5 | 0.5 | 0.0 | −100.0% | |
| Change in working capital | 23.3 | (4.7) | (3.4) | (4.8) | (6.7) | (2.3) | +65.3% | |
| Operating cash flow | 125.0 | 92.8 | 90.7 | 109.0 | 106.7 | 136.5 | +27.9% | |
| Capital expenditure | (19.2) | (56.1) | (62.0) | (90.1) | (91.3) | (97.7) | −7.0% | |
| Acquisitions | (0.0) | 0.0 | (8.4) | 0.0 | (111.1) | 9.0 | +108.1% | |
| Investing cash flow | (88.6) | 22.6 | (71.9) | (87.9) | (165.0) | (96.9) | +41.3% | |
| Dividends paid | (3.7) | (10.7) | (10.9) | (10.9) | (20.1) | (22.7) | −13.0% | |
| Share buybacks | 0.0 | (0.9) | (1.1) | (1.0) | (1.0) | (1.2) | −19.0% | |
| Debt issued / repaid | (24.0) | (101.7) | 4.5 | 3.3 | 88.6 | (14.7) | −116.5% | |
| Financing cash flow | (43.6) | (125.0) | (16.3) | (19.3) | 50.8 | (40.8) | −180.5% | |
| Free cash flow | 105.8 | 36.7 | 28.7 | 18.9 | 15.4 | 38.8 | +151.4% | |
| Net change in cash | 0.3 | (0.6) | 2.5 | 1.9 | (0.9) | 9.1 | +1149.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
