| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 12.5 | 20.0 | 20.6 | 9.7 | 18.4 | 10.4 | −43.2% | |
| Depreciation & amortization | 23.1 | 22.0 | 22.6 | 24.7 | 26.3 | 28.3 | +7.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.1 | 0.3 | 0.0 | −100.0% | |
| Change in working capital | (5.5) | (4.1) | (0.6) | (11.0) | (10.1) | 2.5 | +124.5% | |
| Operating cash flow | 31.8 | 42.0 | 43.8 | 31.8 | 29.1 | 40.0 | +37.3% | |
| Capital expenditure | (13.6) | (16.6) | (14.9) | (20.8) | (22.1) | (24.3) | −10.3% | |
| Acquisitions | (0.4) | (1.7) | (0.9) | (11.7) | 10.6 | 0.1 | −98.8% | |
| Investing cash flow | (20.0) | (8.9) | (18.4) | (26.4) | (21.8) | (15.2) | +30.0% | |
| Dividends paid | (1.1) | (4.0) | (5.9) | (6.0) | (4.8) | (7.1) | −49.7% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (4.7) | (24.2) | (9.5) | 6.7 | 5.0 | (11.5) | −329.1% | |
| Financing cash flow | (12.0) | (34.3) | (22.4) | (8.1) | (9.4) | (24.4) | −160.7% | |
| Free cash flow | 18.2 | 25.5 | 28.9 | 11.0 | 7.1 | 15.6 | +121.5% | |
| Net change in cash | (0.3) | (1.2) | 3.1 | (2.7) | (2.0) | 1.1 | +154.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
