| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.0 | 13.1 | 16.4 | 13.0 | 12.7 | 12.3 | −3.0% | |
| Depreciation & amortization | 2.2 | 2.1 | 2.3 | 2.7 | 3.1 | 3.5 | +13.1% | |
| Stock-based compensation | 0.1 | 0.1 | 0.8 | 0.4 | 0.4 | 0.0 | −100.0% | |
| Change in working capital | 4.2 | (1.5) | (1.2) | (0.2) | (0.8) | (0.7) | +13.5% | |
| Operating cash flow | 13.3 | 10.1 | 13.1 | 14.9 | 14.8 | 15.6 | +5.1% | |
| Capital expenditure | (0.8) | (1.6) | (1.8) | (2.5) | (1.1) | (1.9) | −65.9% | |
| Acquisitions | (0.8) | 0.1 | 0.0 | (8.0) | (7.1) | (1.3) | +81.6% | |
| Investing cash flow | (10.1) | (4.5) | (5.7) | (2.3) | (5.1) | (5.6) | −9.6% | |
| Dividends paid | (2.2) | (3.6) | (3.2) | (5.0) | (5.3) | (5.9) | −12.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.3) | (0.9) | (0.8) | (1.1) | (1.3) | 0.0 | +100.0% | |
| Financing cash flow | (3.6) | (5.0) | (4.4) | (6.6) | (7.2) | (7.9) | −9.3% | |
| Free cash flow | 12.5 | 8.4 | 11.3 | 12.4 | 13.7 | 13.7 | +0.1% | |
| Net change in cash | (0.4) | 0.6 | 2.9 | 6.0 | 2.5 | 2.7 | +5.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
