| INR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.0 | 1.5 | 1.5 | 2.4 | 22.7 | 20.0 | −11.8% | |
| Cash & short-term investments | 1.0 | 1.5 | 2.9 | 4.6 | 24.5 | 20.0 | −18.4% | |
| Receivables | 4.2 | 4.7 | 6.9 | 3.6 | 16.5 | 12.5 | −24.5% | |
| Inventory | 9.3 | 14.5 | 19.9 | 21.5 | 27.9 | 29.5 | +5.8% | |
| Total current assets | 18.0 | 25.5 | 34.0 | 42.4 | 78.6 | 78.9 | +0.3% | |
| Property, plant & equipment | 59.9 | 63.9 | 75.7 | 102.8 | 136.3 | 154.7 | +13.5% | |
| Goodwill & intangibles | 5.8 | 5.8 | 5.8 | 5.7 | 14.2 | 15.6 | +9.6% | |
| Long-term investments | (2.5) | (4.1) | 0.0 | 0.2 | 0.6 | 3.1 | +418.0% | |
| Total assets | 84.6 | 95.8 | 116.2 | 151.9 | 231.4 | 255.7 | +10.5% | |
| Payables | 5.1 | 7.1 | 8.2 | 7.6 | 15.6 | 14.0 | −10.2% | |
| Short-term debt | 12.3 | 15.3 | 19.7 | 20.1 | 15.2 | 14.8 | −2.6% | |
| Total current liabilities | 24.3 | 30.2 | 39.7 | 41.5 | 45.2 | 40.7 | −10.0% | |
| Long-term debt | 19.8 | 18.1 | 17.3 | 31.9 | 8.4 | 5.4 | −35.7% | |
| Total debt | 32.4 | 33.9 | 38.8 | 54.3 | 28.3 | 25.1 | −11.3% | |
| Net debt | 31.4 | 32.4 | 37.3 | 51.9 | 5.6 | 5.1 | −9.0% | |
| Deferred revenue | 5.8 | 4.6 | 2.0 | 1.8 | 0.0 | 0.0 | — | |
| Total liabilities | 48.7 | 53.9 | 64.0 | 81.0 | 64.0 | 58.2 | −9.1% | |
| Total equity | 35.2 | 40.8 | 51.0 | 69.4 | 166.1 | 195.8 | +17.9% | |
| Retained earnings | 8.0 | 14.0 | 27.4 | 45.7 | 68.6 | 94.1 | +37.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
