| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.3 | 2.9 | 2.7 | 2.1 | 3.6 | 3.9 | +8.3% | |
| Depreciation & amortization | 2.3 | 2.5 | 2.8 | 3.3 | 3.4 | 3.9 | +12.3% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | (0.4) | (2.2) | 0.1 | (0.9) | (0.3) | (2.2) | −593.8% | |
| Operating cash flow | 5.2 | 3.1 | 6.0 | 5.9 | 8.0 | 6.3 | −21.1% | |
| Capital expenditure | (1.8) | (2.8) | (3.9) | (3.7) | (3.6) | (4.8) | −32.6% | |
| Acquisitions | (1.7) | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | — | |
| Investing cash flow | (2.8) | (2.6) | (3.9) | (3.4) | (3.8) | (4.6) | −21.8% | |
| Dividends paid | (1.3) | (1.3) | (1.4) | (1.4) | (1.5) | (1.6) | −4.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.2) | 1.0 | 1.1 | 0.3 | (1.3) | 0.4 | +127.6% | |
| Financing cash flow | (3.2) | (1.0) | (1.4) | (2.6) | (4.3) | (1.7) | +59.9% | |
| Free cash flow | 3.5 | 0.4 | 2.1 | 2.1 | 4.3 | 1.5 | −66.3% | |
| Net change in cash | (0.8) | (0.5) | 0.5 | (0.4) | (0.1) | 0.1 | +202.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
