| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.1 | 0.5 | 2.0 | 1.2 | 77.5 | 67.3 | −13.2% | |
| Cash & short-term investments | 0.4 | 4.1 | 17.1 | 38.5 | 78.1 | 73.9 | −5.4% | |
| Receivables | 1.9 | 1.5 | 3.7 | 10.7 | 12.0 | 24.9 | +108.4% | |
| Inventory | 3.7 | 5.4 | 27.1 | 25.9 | 26.9 | 58.6 | +117.5% | |
| Total current assets | 7.7 | 13.4 | 54.8 | 80.1 | 131.6 | 175.8 | +33.6% | |
| Property, plant & equipment | 3.7 | 8.0 | 17.4 | 30.8 | 59.1 | 107.4 | +81.8% | |
| Goodwill & intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.5 | +362.7% | |
| Long-term investments | 0.5 | (3.1) | (13.6) | (36.4) | 3.8 | 8.0 | +112.7% | |
| Total assets | 12.9 | 22.4 | 74.2 | 113.1 | 197.5 | 301.2 | +52.5% | |
| Payables | 3.6 | 5.3 | 14.3 | 14.8 | 25.5 | 31.1 | +22.0% | |
| Short-term debt | 1.7 | 1.8 | 7.1 | 7.5 | 9.2 | 22.3 | +143.7% | |
| Total current liabilities | 6.2 | 15.0 | 49.3 | 54.2 | 87.9 | 127.1 | +44.6% | |
| Long-term debt | 1.9 | 1.9 | 1.5 | 1.0 | 0.2 | 8.2 | +3271.1% | |
| Total debt | 4.1 | 4.2 | 9.1 | 10.9 | 12.0 | 36.9 | +207.9% | |
| Net debt | 4.0 | 3.7 | 7.1 | 9.7 | (65.5) | (30.4) | +53.6% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 9.0 | 18.0 | 55.6 | 71.7 | 101.5 | 151.0 | +48.8% | |
| Total equity | 3.5 | 4.3 | 18.4 | 40.9 | 94.8 | 144.4 | +52.3% | |
| Retained earnings | 1.4 | 2.3 | 5.7 | 18.1 | 36.8 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
