| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 5.0 | 6.2 | 7.1 | 22.2 | 17.4 | 9.7 | −44.0% | |
| Depreciation & amortization | 4.6 | 4.7 | 4.7 | 5.7 | 6.0 | 6.3 | +4.7% | |
| Stock-based compensation | 0.0 | 0.1 | 0.1 | 0.5 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | 4.0 | (12.3) | 0.6 | (5.3) | (6.7) | (2.1) | +67.9% | |
| Operating cash flow | 15.6 | 0.7 | 16.2 | 25.9 | 23.4 | 12.6 | −45.8% | |
| Capital expenditure | (4.0) | (4.5) | (3.2) | (8.6) | (10.3) | (10.8) | −4.3% | |
| Acquisitions | 1.3 | 1.0 | 0.9 | (10.9) | 0.2 | 0.1 | −47.2% | |
| Investing cash flow | (3.5) | (1.9) | (0.7) | (19.2) | (9.0) | (9.8) | −8.8% | |
| Dividends paid | (0.6) | (0.6) | (0.6) | (1.0) | (1.3) | (1.3) | +0.2% | |
| Share buybacks | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | (0.2) | — | |
| Debt issued / repaid | (2.2) | 6.0 | (12.3) | 7.8 | (12.0) | (6.8) | +43.2% | |
| Financing cash flow | (8.3) | 0.6 | (19.7) | (0.1) | (15.2) | (5.4) | +64.3% | |
| Free cash flow | 11.5 | (3.8) | 12.9 | 17.3 | 13.0 | 1.9 | −85.5% | |
| Net change in cash | 3.8 | (0.6) | (4.2) | 6.6 | (0.9) | (1.2) | −38.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
