| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 29.2 | 23.3 | 28.0 | 37.4 | 43.8 | 57.4 | +31.2% | |
| Depreciation & amortization | 7.2 | 6.9 | 7.0 | 7.6 | 8.2 | 8.5 | +3.7% | |
| Stock-based compensation | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.0 | −100.0% | |
| Change in working capital | 9.4 | (6.7) | (6.2) | 10.1 | (2.4) | 23.7 | +1078.5% | |
| Operating cash flow | 41.1 | 21.0 | 26.1 | 49.2 | 43.0 | 85.6 | +99.2% | |
| Capital expenditure | (5.8) | (5.7) | (6.0) | (7.9) | (8.6) | (11.0) | −28.5% | |
| Acquisitions | (3.7) | (1.5) | (9.6) | (6.4) | (1.2) | 0.7 | +159.7% | |
| Investing cash flow | (22.9) | (2.2) | (4.2) | (18.3) | (17.0) | (47.4) | −178.2% | |
| Dividends paid | (19.2) | (19.1) | (20.0) | (27.0) | (28.0) | (35.1) | −25.3% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 1.3 | 0.1 | (0.4) | 0.5 | 0.9 | 0.4 | −55.2% | |
| Financing cash flow | (18.5) | (19.8) | (21.5) | (27.2) | (28.2) | (35.2) | −24.9% | |
| Free cash flow | 35.3 | 15.3 | 20.1 | 41.4 | 34.4 | 74.6 | +116.8% | |
| Net change in cash | (0.3) | (0.9) | 0.5 | 3.8 | (2.2) | 3.6 | +263.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
