| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 24.8 | 25.3 | 25.7 | 22.2 | 33.1 | 26.4 | −20.3% | |
| Depreciation & amortization | 1.0 | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | −5.4% | |
| Stock-based compensation | 0.5 | 0.6 | 0.8 | 1.0 | 1.2 | 1.3 | +3.4% | |
| Change in working capital | 1.0 | (0.3) | (1.1) | (3.5) | 1.8 | 1.2 | −31.2% | |
| Operating cash flow | 19.2 | 18.6 | 17.6 | 17.9 | 22.0 | 28.9 | +31.2% | |
| Capital expenditure | (0.2) | (0.4) | (0.4) | (0.3) | (0.4) | (0.5) | −46.9% | |
| Acquisitions | 1.4 | 1.0 | (0.2) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 0.5 | (1.7) | 1.4 | 16.0 | (24.5) | 6.9 | +128.1% | |
| Dividends paid | (15.5) | (17.3) | (16.4) | (19.5) | (20.8) | (34.3) | −65.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.4) | (0.3) | (0.3) | (0.3) | (0.3) | 0.0 | +100.0% | |
| Financing cash flow | (15.9) | (17.3) | (16.7) | (19.6) | (21.0) | (34.5) | −64.5% | |
| Free cash flow | 19.0 | 18.2 | 17.2 | 17.6 | 21.6 | 28.3 | +31.0% | |
| Net change in cash | 3.6 | (0.1) | 3.6 | 14.4 | (22.7) | 43.0 | +289.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
