| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 13.2 | 21.7 | 30.3 | 24.1 | 19.2 | 21.7 | +13.1% | |
| Depreciation & amortization | 1.2 | 1.5 | 1.6 | 2.0 | 1.5 | 1.4 | −7.2% | |
| Stock-based compensation | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | (29.3) | (86.2) | (113.2) | (113.5) | (170.0) | (3.2) | +98.1% | |
| Operating cash flow | 6.9 | (43.9) | (66.7) | (54.5) | (21.4) | 157.9 | +837.5% | |
| Capital expenditure | (0.6) | (1.0) | (0.9) | (0.7) | (0.6) | (0.3) | +39.7% | |
| Acquisitions | 9.4 | 4.4 | 8.3 | 0.0 | 0.0 | 0.0 | −76.3% | |
| Investing cash flow | (10.0) | (5.4) | (9.2) | (14.6) | (24.9) | (150.3) | −503.5% | |
| Dividends paid | (0.9) | 0.0 | (2.1) | (3.6) | (2.9) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 5.5 | 50.6 | 80.6 | 87.9 | 49.7 | (8.9) | −118.0% | |
| Financing cash flow | 4.3 | 50.4 | 78.2 | 84.0 | 46.9 | (11.7) | −125.0% | |
| Free cash flow | 6.4 | (44.9) | (67.6) | (55.3) | (22.0) | 157.5 | +817.2% | |
| Net change in cash | 1.3 | 1.1 | 2.3 | 14.9 | 0.6 | (4.1) | −840.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
