| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 14.8 | 20.6 | 32.3 | 25.4 | 27.1 | 40.8 | +50.7% | |
| Depreciation & amortization | 4.1 | 5.0 | 5.4 | 7.3 | 8.7 | 10.4 | +19.3% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | +10.3% | |
| Change in working capital | (1.3) | (5.8) | (3.0) | (8.7) | (11.1) | (7.0) | +37.2% | |
| Operating cash flow | 13.8 | 13.7 | 26.3 | 27.5 | 24.6 | 34.7 | +40.8% | |
| Capital expenditure | (20.3) | (24.1) | (21.3) | (27.3) | (34.2) | (41.1) | −20.2% | |
| Acquisitions | 0.0 | (1.3) | (2.4) | 0.1 | 0.1 | 0.0 | −100.0% | |
| Investing cash flow | (11.1) | (12.9) | (23.1) | (24.7) | (21.9) | (42.1) | −92.5% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.3) | (1.3) | (1.5) | (1.6) | (1.9) | 5.9 | +408.1% | |
| Financing cash flow | (1.8) | (1.8) | (2.1) | (1.5) | (2.6) | 2.9 | +211.1% | |
| Free cash flow | (6.5) | (10.4) | 5.5 | 0.1 | (9.6) | (6.5) | +32.6% | |
| Net change in cash | 0.9 | (1.0) | 1.1 | 1.3 | 0.2 | (4.5) | −2562.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
