| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 2.4 | 3.0 | 4.0 | 3.5 | 3.7 | 3.0 | −18.5% | |
| Depreciation & amortization | 0.6 | 0.9 | 1.3 | 1.5 | 1.6 | 2.1 | +28.6% | |
| Stock-based compensation | 0.0 | 0.1 | 0.1 | 0.4 | 0.3 | 0.0 | −100.0% | |
| Change in working capital | (1.0) | (1.4) | (1.3) | (1.7) | (1.2) | (1.8) | −55.1% | |
| Operating cash flow | 1.9 | 2.6 | 4.1 | 4.4 | 4.8 | 4.1 | −14.3% | |
| Capital expenditure | (0.6) | (2.8) | (1.9) | (1.1) | (1.5) | (4.1) | −165.2% | |
| Acquisitions | 1.0 | 0.3 | 1.3 | 0.0 | 0.0 | (0.4) | — | |
| Investing cash flow | (1.5) | (3.3) | (3.2) | (3.3) | (2.7) | (3.0) | −10.7% | |
| Dividends paid | (0.4) | (0.2) | (0.2) | (1.1) | (1.1) | (1.5) | −39.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.2) | (0.3) | (0.3) | (0.4) | (0.4) | (0.3) | +38.3% | |
| Financing cash flow | (0.6) | 0.0 | (0.5) | (0.5) | (1.4) | (2.4) | −65.8% | |
| Free cash flow | 1.3 | (0.3) | 2.1 | 3.3 | 3.3 | 0.0 | −98.6% | |
| Net change in cash | (0.3) | (0.7) | 0.3 | 0.6 | 0.7 | (1.4) | −292.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
