| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 13.3 | 14.2 | 17.1 | 14.4 | 18.8 | 20.6 | +9.5% | |
| Depreciation & amortization | 0.9 | 1.0 | 1.4 | 1.8 | 2.2 | 2.5 | +10.4% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | (13.5) | 2.2 | (80.7) | (108.0) | (3.4) | (2.8) | +16.2% | |
| Operating cash flow | 4.5 | 18.6 | (65.0) | (84.9) | (89.9) | 34.2 | +138.0% | |
| Capital expenditure | (0.1) | (2.8) | (0.3) | (0.8) | (0.5) | (0.6) | −35.4% | |
| Acquisitions | 2.6 | (2.3) | 2.1 | (0.3) | 0.4 | 0.3 | −23.7% | |
| Investing cash flow | (2.4) | (16.8) | 6.7 | 0.9 | 9.3 | (100.8) | −1182.9% | |
| Dividends paid | (1.7) | (2.0) | (3.0) | (3.2) | (3.3) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.8 | (1.7) | 62.2 | 91.2 | 82.0 | 79.3 | −3.3% | |
| Financing cash flow | (1.2) | (2.0) | 58.9 | 87.5 | 78.2 | 74.8 | −4.4% | |
| Free cash flow | 4.3 | 15.9 | (65.3) | (85.7) | (90.3) | 33.6 | +137.2% | |
| Net change in cash | 0.9 | (0.2) | 0.5 | 3.6 | (2.3) | (6.1) | −162.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
