| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 15.2 | 16.1 | 17.2 | 17.3 | 28.2 | 24.5 | −13.2% | |
| Depreciation & amortization | 2.0 | 2.4 | 2.7 | 3.2 | 3.6 | 3.9 | +10.1% | |
| Stock-based compensation | 0.2 | 0.3 | 0.1 | 0.1 | 0.9 | 0.0 | −100.0% | |
| Change in working capital | 0.3 | (5.1) | (0.8) | 5.7 | (2.0) | (0.5) | +74.6% | |
| Operating cash flow | 13.9 | 9.6 | 15.6 | 27.2 | 22.9 | 28.2 | +23.5% | |
| Capital expenditure | (3.5) | (3.7) | (5.1) | (5.6) | (4.5) | (5.9) | −31.0% | |
| Acquisitions | (20.6) | (2.6) | 0.1 | 0.7 | (0.1) | (0.1) | +56.8% | |
| Investing cash flow | (16.9) | (5.6) | (9.0) | (17.8) | (15.4) | (12.6) | +18.5% | |
| Dividends paid | (0.0) | (4.3) | (5.1) | (5.6) | (8.1) | (15.3) | −87.6% | |
| Share buybacks | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.2 | 0.8 | (0.8) | (0.1) | 0.3 | (0.2) | −152.2% | |
| Financing cash flow | (0.8) | (4.7) | (6.6) | (7.4) | (9.2) | (16.3) | −78.1% | |
| Free cash flow | 10.4 | 5.8 | 10.5 | 21.6 | 18.3 | 22.3 | +21.6% | |
| Net change in cash | (3.7) | 0.2 | 0.0 | 2.0 | (1.7) | (0.3) | +83.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
