| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 2.9 | 2.9 | 2.6 | 2.6 | 3.1 | 3.1 | −1.7% | |
| Depreciation & amortization | 0.4 | 0.5 | 0.6 | 0.8 | 1.0 | 1.1 | +12.8% | |
| Stock-based compensation | 0.1 | 0.2 | 0.1 | 0.0 | 0.3 | 0.0 | −100.0% | |
| Change in working capital | (0.4) | (3.2) | 1.4 | 0.3 | 0.3 | 0.2 | −46.5% | |
| Operating cash flow | 2.2 | (0.4) | 4.2 | 3.9 | 4.8 | 4.5 | −6.0% | |
| Capital expenditure | (0.6) | (1.2) | (1.0) | (1.3) | (1.2) | (1.8) | −49.1% | |
| Acquisitions | (0.9) | 0.0 | (6.5) | (0.2) | 0.0 | 0.0 | −25.3% | |
| Investing cash flow | 0.4 | (1.2) | (7.7) | (1.5) | (1.0) | (3.7) | −277.9% | |
| Dividends paid | (0.0) | (0.5) | (0.6) | (0.6) | (0.6) | (0.7) | −7.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.0 | (0.0) | 4.1 | (1.3) | (2.8) | (0.0) | +99.3% | |
| Financing cash flow | (0.1) | (0.6) | 3.3 | (2.3) | (3.8) | (0.9) | +77.4% | |
| Free cash flow | 1.6 | (1.6) | 3.2 | 2.6 | 3.6 | 2.7 | −24.6% | |
| Net change in cash | 2.6 | (2.2) | (0.2) | 0.1 | 0.0 | 0.1 | +251.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
