| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 8.2 | 10.7 | 19.4 | 16.9 | 35.3 | 30.2 | −14.4% | |
| Depreciation & amortization | 5.6 | 7.4 | 8.6 | 9.8 | 10.5 | 12.7 | +21.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 | −100.0% | |
| Change in working capital | (1.6) | (31.1) | (67.3) | (42.7) | (3.2) | (30.1) | −853.1% | |
| Operating cash flow | 11.5 | (15.6) | (44.0) | (12.5) | 35.0 | 16.6 | −52.6% | |
| Capital expenditure | (9.3) | (9.8) | (13.4) | (11.5) | (24.8) | (32.4) | −30.5% | |
| Acquisitions | (0.5) | (4.7) | 2.6 | 3.0 | (1.0) | 1.1 | +215.1% | |
| Investing cash flow | (8.8) | (14.9) | (13.1) | (10.0) | (29.0) | (29.8) | −2.7% | |
| Dividends paid | (1.0) | (1.9) | (2.9) | (3.8) | (4.8) | (5.7) | −20.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (1.0) | 0.0 | +100.0% | |
| Debt issued / repaid | 6.0 | 33.5 | 65.9 | 36.6 | 23.3 | 21.1 | −9.4% | |
| Financing cash flow | 2.6 | 29.2 | 61.2 | 27.6 | 11.6 | 11.3 | −2.2% | |
| Free cash flow | 2.2 | (25.4) | (57.5) | (24.0) | 10.2 | (15.8) | −253.8% | |
| Net change in cash | 5.2 | (1.3) | 4.1 | 5.0 | 17.6 | 1.2 | −93.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
