Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
MphasiS Limited
Physical assets are 5.0% of total assets, a light footprint. Capex is 0.57x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 17.5%, above an 8% cost-of-capital hurdle.
Technology and communication names are often asset-light, with fixed-asset turnover above 5x. This name is at 17.81x.
Physical asset ratio
5.0%Physical asset ratio · 2026-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 8.92BpropertyPlantAndEquipmentNetInventoryINR 0.00Not reported, treated as 0Total assetsINR 177.82BtotalAssetsInventory was not reported and is treated as zero.Result 5.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
17.81xFixed asset turnover · 2026-03-31Revenue / net PP&ERevenueINR 158.80BtotalRevenueNet PP&EINR 8.92BpropertyPlantAndEquipmentNetResult 17.81x
Revenue per dollar of the physical asset base.
Capex / D&A
0.57xCapex / D&A · 2026-03-31Capital expenditures / depreciation and amortizationCapexINR 3.19BcapitalExpendituresD&AINR 5.55BdepreciationAndAmortizationResult 0.57x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
INR 272.30Tangible book / share · 2026-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 177.82BtotalAssetsGoodwillINR 47.68BgoodWillIntangiblesINR 7.76BintangibleAssetsLiabilitiesINR 70.38BtotalLiabTangible bookINR 52.00BShares190,958,000commonStockSharesOutstandingResult INR 272.30
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
9.27xPrice / tangible bookPrice / tangible book per sharePriceINR 2.53KLatest quoteTangible book / shareINR 272.302026-03-31Result 9.27x
Price INR 2.53K.
Fixed-charge coverage
1.48xFixed-charge coverage · 2026-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 32.69BebitdaCapexINR 3.19BcapitalExpendituresInterestINR 2.04BinterestExpenseShort-term debtINR 17.93BshortLongTermDebtEBITDA − capexINR 29.50BPrincipal due is the current portion of debt.Result 1.48x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
1.8%Free cash flow yield · 2026-03-31Latest free cash flow / current market capFree cash flowINR 9.00BfreeCashFlowMarket capINR 488.88BMarketCapitalizationResult 1.8%
Latest free cash flow divided by current market cap (INR 488.88B).
ROIC
17.5%ROIC · 2026-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 24.28BoperatingIncomeTax expenseINR 6.47BincomeTaxExpensePretax incomeINR 25.09BincomeBeforeTaxTax rate25.8%EquityINR 107.44BtotalStockholderEquityDebtINR 26.20BshortLongTermDebtTotalCashINR 30.74BcashAndShortTermInvestmentsInvested capitalINR 102.90BResult 17.5%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 2.72x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2019 | 5.1%Physical asset ratio · 2019-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 1.22BpropertyPlantEquipmentInventoryINR 2.52BinventoryTotal assetsINR 73.71BtotalAssetsResult 5.1% | 63.49xFixed asset turnover · 2019-03-31Revenue / net PP&ERevenueINR 77.31BtotalRevenueNet PP&EINR 1.22BpropertyPlantEquipmentResult 63.49x | 1.12xCapex / D&A · 2019-03-31Capital expenditures / depreciation and amortizationCapexINR 848.90McapitalExpendituresD&AINR 758.44MdepreciationAndAmortizationResult 1.12x | INR 165.40Tangible book / share · 2019-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 73.71BtotalAssetsGoodwillINR 19.58BgoodWillIntangiblesINR 924.25MintangibleAssetsLiabilitiesINR 21.21BtotalLiabTangible bookINR 31.99BShares193,402,000commonStockSharesOutstandingResult INR 165.40 | 2.21xFixed-charge coverage · 2019-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 13.24BebitdaCapexINR 848.90McapitalExpendituresInterestINR 173.69MinterestExpenseShort-term debtINR 5.43BshortTermDebtEBITDA − capexINR 12.39BPrincipal due is short-term debt.Result 2.21x | INR 8.65BFree cash flow · 2019-03-31Reported free cash flowOperating cash flowINR 9.50BtotalCashFromOperatingActivitiesCapexINR 848.90McapitalExpendituresFree cash flowINR 8.65BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 8.65B | 59.8%ROIC · 2019-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 31.97BoperatingIncomeTax expenseINR 3.34BincomeTaxExpensePretax incomeINR 14.07BincomeBeforeTaxTax rate23.7%EquityINR 52.50BtotalStockholderEquityDebtINR 5.43BshortLongTermDebtTotalCashINR 17.13BcashAndShortTermInvestmentsInvested capitalINR 40.80BResult 59.8% | 26.25xEBIT / PP&E · 2019-03-31Operating income / net PP&EOperating incomeINR 31.97BoperatingIncomeNet PP&EINR 1.22BpropertyPlantEquipmentResult 26.25x |
| 2020 | 9.6%Physical asset ratio · 2020-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 8.01BpropertyPlantEquipmentInventoryINR 382.28MinventoryTotal assetsINR 87.53BtotalAssetsResult 9.6% | 11.04xFixed asset turnover · 2020-03-31Revenue / net PP&ERevenueINR 88.44BtotalRevenueNet PP&EINR 8.01BpropertyPlantEquipmentResult 11.04x | 0.54xCapex / D&A · 2020-03-31Capital expenditures / depreciation and amortizationCapexINR 1.26BcapitalExpendituresD&AINR 2.32BdepreciationAndAmortizationResult 0.54x | INR 191.72Tangible book / share · 2020-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 87.53BtotalAssetsGoodwillINR 21.40BgoodWillIntangiblesINR 887.26MintangibleAssetsLiabilitiesINR 29.24BtotalLiabTangible bookINR 36.00BShares187,799,000commonStockSharesOutstandingResult INR 191.72 | 2.35xFixed-charge coverage · 2020-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 16.50BebitdaCapexINR 1.26BcapitalExpendituresInterestINR 775.34MinterestExpenseShort-term debtINR 5.71BshortLongTermDebtEBITDA − capexINR 15.24BPrincipal due is the current portion of debt.Result 2.35x | INR 11.95BFree cash flow · 2020-03-31Reported free cash flowOperating cash flowINR 13.21BtotalCashFromOperatingActivitiesCapexINR 1.26BcapitalExpendituresFree cash flowINR 11.95BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 11.95B | 70.3%ROIC · 2020-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 38.52BoperatingIncomeTax expenseINR 3.31BincomeTaxExpensePretax incomeINR 15.15BincomeBeforeTaxTax rate21.8%EquityINR 58.30BtotalStockholderEquityDebtINR 5.71BlongTermDebt + shortLongTermDebtCashINR 21.19BcashAndShortTermInvestmentsInvested capitalINR 42.82BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 70.3% | 4.81xEBIT / PP&E · 2020-03-31Operating income / net PP&EOperating incomeINR 38.52BoperatingIncomeNet PP&EINR 8.01BpropertyPlantEquipmentResult 4.81x |
| 2021 | 7.4%Physical asset ratio · 2021-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 8.37BpropertyPlantAndEquipmentNetInventory-INR 1.46BinventoryTotal assetsINR 93.99BtotalAssetsResult 7.4% | 11.61xFixed asset turnover · 2021-03-31Revenue / net PP&ERevenueINR 97.22BtotalRevenueNet PP&EINR 8.37BpropertyPlantAndEquipmentNetResult 11.61x | 0.52xCapex / D&A · 2021-03-31Capital expenditures / depreciation and amortizationCapexINR 1.26BcapitalExpendituresD&AINR 2.42BdepreciationAndAmortizationResult 0.52x | INR 226.98Tangible book / share · 2021-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 93.99BtotalAssetsGoodwillINR 21.33BgoodWillIntangiblesINR 1.07BintangibleAssetsLiabilitiesINR 28.72BtotalLiabTangible bookINR 42.87BShares188,857,332commonStockSharesOutstandingResult INR 226.98 | 2.91xFixed-charge coverage · 2021-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 18.03BebitdaCapexINR 1.26BcapitalExpendituresInterestINR 620.07MinterestExpenseShort-term debtINR 5.13BshortLongTermDebtEBITDA − capexINR 16.77BPrincipal due is the current portion of debt.Result 2.91x | INR 13.28BFree cash flow · 2021-03-31Reported free cash flowOperating cash flowINR 14.55BtotalCashFromOperatingActivitiesCapexINR 1.26BcapitalExpendituresFree cash flowINR 13.28BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 13.28B | 68.0%ROIC · 2021-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 40.12BoperatingIncomeTax expenseINR 4.14BincomeTaxExpensePretax incomeINR 16.31BincomeBeforeTaxTax rate25.4%EquityINR 65.27BtotalStockholderEquityDebtINR 5.13BlongTermDebt + shortLongTermDebtCashINR 26.39BcashAndShortTermInvestmentsInvested capitalINR 44.02BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 68.0% | 4.79xEBIT / PP&E · 2021-03-31Operating income / net PP&EOperating incomeINR 40.12BoperatingIncomeNet PP&EINR 8.37BpropertyPlantAndEquipmentNetResult 4.79x |
| 2022 | 5.2%Physical asset ratio · 2022-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 9.30BpropertyPlantAndEquipmentNetInventory-INR 3.67BinventoryTotal assetsINR 107.56BtotalAssetsResult 5.2% | 12.87xFixed asset turnover · 2022-03-31Revenue / net PP&ERevenueINR 119.61BtotalRevenueNet PP&EINR 9.30BpropertyPlantAndEquipmentNetResult 12.87x | 0.41xCapex / D&A · 2022-03-31Capital expenditures / depreciation and amortizationCapexINR 1.20BcapitalExpendituresD&AINR 2.91BdepreciationAndAmortizationResult 0.41x | INR 213.41Tangible book / share · 2022-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 107.56BtotalAssetsGoodwillINR 27.35BgoodWillIntangiblesINR 1.70BintangibleAssetsLiabilitiesINR 38.13BtotalLiabTangible bookINR 40.39BShares189,250,000commonStockSharesOutstandingResult INR 213.41 | 3.32xFixed-charge coverage · 2022-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 21.18BebitdaCapexINR 1.20BcapitalExpendituresInterestINR 744.03MinterestExpenseShort-term debtINR 5.27BshortLongTermDebtEBITDA − capexINR 19.98BPrincipal due is the current portion of debt.Result 3.32x | INR 15.96BFree cash flow · 2022-03-31Reported free cash flowOperating cash flowINR 17.16BtotalCashFromOperatingActivitiesCapexINR 1.20BcapitalExpendituresFree cash flowINR 15.96BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 15.96B | 71.4%ROIC · 2022-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 48.51BoperatingIncomeTax expenseINR 4.82BincomeTaxExpensePretax incomeINR 19.13BincomeBeforeTaxTax rate25.2%EquityINR 69.43BtotalStockholderEquityDebtINR 5.27BlongTermDebt + shortLongTermDebtCashINR 23.89BcashAndShortTermInvestmentsInvested capitalINR 50.81BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 71.4% | 5.22xEBIT / PP&E · 2022-03-31Operating income / net PP&EOperating incomeINR 48.51BoperatingIncomeNet PP&EINR 9.30BpropertyPlantAndEquipmentNetResult 5.22x |
| 2023 | 3.7%Physical asset ratio · 2023-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 10.46BpropertyPlantAndEquipmentNetInventory-INR 6.12BinventoryTotal assetsINR 116.09BtotalAssetsResult 3.7% | 13.19xFixed asset turnover · 2023-03-31Revenue / net PP&ERevenueINR 137.98BtotalRevenueNet PP&EINR 10.46BpropertyPlantAndEquipmentNetResult 13.19x | 0.35xCapex / D&A · 2023-03-31Capital expenditures / depreciation and amortizationCapexINR 1.13BcapitalExpendituresD&AINR 3.25BdepreciationAndAmortizationResult 0.35x | INR 254.17Tangible book / share · 2023-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 116.09BtotalAssetsGoodwillINR 29.59BgoodWillIntangiblesINR 1.56BintangibleAssetsLiabilitiesINR 36.75BtotalLiabTangible bookINR 48.20BShares189,637,000commonStockSharesOutstandingResult INR 254.17 | 7.85xFixed-charge coverage · 2023-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 24.34BebitdaCapexINR 1.13BcapitalExpendituresInterestINR 972.58MinterestExpenseShort-term debtINR 1.98BshortLongTermDebtEBITDA − capexINR 23.21BPrincipal due is the current portion of debt.Result 7.85x | INR 13.49BFree cash flow · 2023-03-31Reported free cash flowOperating cash flowINR 14.62BtotalCashFromOperatingActivitiesCapexINR 1.13BcapitalExpendituresFree cash flowINR 13.49BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 13.49B | 74.4%ROIC · 2023-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 56.39BoperatingIncomeTax expenseINR 5.35BincomeTaxExpensePretax incomeINR 21.73BincomeBeforeTaxTax rate24.6%EquityINR 79.35BtotalStockholderEquityDebtINR 1.98BlongTermDebt + shortLongTermDebtCashINR 24.22BcashAndShortTermInvestmentsInvested capitalINR 57.12BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 74.4% | 5.39xEBIT / PP&E · 2023-03-31Operating income / net PP&EOperating incomeINR 56.39BoperatingIncomeNet PP&EINR 10.46BpropertyPlantAndEquipmentNetResult 5.39x |
| 2024 | 7.1%Physical asset ratio · 2024-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 10.01BpropertyPlantAndEquipmentNetInventory-INR 31.37MinventoryTotal assetsINR 141.30BtotalAssetsResult 7.1% | 13.27xFixed asset turnover · 2024-03-31Revenue / net PP&ERevenueINR 132.79BtotalRevenueNet PP&EINR 10.01BpropertyPlantAndEquipmentNetResult 13.27x | 0.23xCapex / D&A · 2024-03-31Capital expenditures / depreciation and amortizationCapexINR 936.92McapitalExpendituresD&AINR 4.10BdepreciationAndAmortizationResult 0.23x | INR 217.66Tangible book / share · 2024-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 141.30BtotalAssetsGoodwillINR 41.79BgoodWillIntangiblesINR 4.80BintangibleAssetsLiabilitiesINR 53.36BtotalLiabTangible bookINR 41.36BShares190,010,000commonStockSharesOutstandingResult INR 217.66 | 1.27xFixed-charge coverage · 2024-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 22.59BebitdaCapexINR 936.92McapitalExpendituresInterestINR 1.61BinterestExpenseShort-term debtINR 15.44BshortLongTermDebtEBITDA − capexINR 21.65BPrincipal due is the current portion of debt.Result 1.27x | INR 20.86BFree cash flow · 2024-03-31Reported free cash flowOperating cash flowINR 21.80BtotalCashFromOperatingActivitiesCapexINR 936.92McapitalExpendituresFree cash flowINR 20.86BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 20.86B | 57.2%ROIC · 2024-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 52.70BoperatingIncomeTax expenseINR 5.14BincomeTaxExpensePretax incomeINR 20.68BincomeBeforeTaxTax rate24.8%EquityINR 87.95BtotalStockholderEquityDebtINR 15.44BlongTermDebt + shortLongTermDebtCashINR 34.10BcashAndShortTermInvestmentsInvested capitalINR 69.28BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 57.2% | 5.26xEBIT / PP&E · 2024-03-31Operating income / net PP&EOperating incomeINR 52.70BoperatingIncomeNet PP&EINR 10.01BpropertyPlantAndEquipmentNetResult 5.26x |
| 2025 | 5.7%Physical asset ratio · 2025-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 8.22BpropertyPlantEquipmentInventoryINR 249.80MinventoryTotal assetsINR 149.07BtotalAssetsResult 5.7% | 17.32xFixed asset turnover · 2025-03-31Revenue / net PP&ERevenueINR 142.30BtotalRevenueNet PP&EINR 8.22BpropertyPlantEquipmentResult 17.32x | 0.13xCapex / D&A · 2025-03-31Capital expenditures / depreciation and amortizationCapexINR 618.39McapitalExpendituresD&AINR 4.76BdepreciationAndAmortizationResult 0.13x | INR 245.09Tangible book / share · 2025-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 149.07BtotalAssetsGoodwillINR 42.91BgoodWillIntangiblesINR 6.69BintangibleAssetsLiabilitiesINR 52.78BtotalLiabTangible bookINR 46.68BShares190,480,000commonStockSharesOutstandingResult INR 245.09 | 2.02xFixed-charge coverage · 2025-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 26.47BebitdaCapexINR 618.39McapitalExpendituresInterestINR 1.66BinterestExpenseShort-term debtINR 11.16BshortLongTermDebtEBITDA − capexINR 25.85BPrincipal due is the current portion of debt.Result 2.02x | INR 18.43BFree cash flow · 2025-03-31Reported free cash flowOperating cash flowINR 19.05BtotalCashFromOperatingActivitiesCapexINR 618.39McapitalExpendituresFree cash flowINR 18.43BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 18.43B | 61.6%ROIC · 2025-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 60.06BoperatingIncomeTax expenseINR 5.58BincomeTaxExpensePretax incomeINR 22.60BincomeBeforeTaxTax rate24.7%EquityINR 96.28BtotalStockholderEquityDebtINR 11.16BlongTermDebt + shortLongTermDebtCashINR 33.97BcashAndShortTermInvestmentsInvested capitalINR 73.47BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 61.6% | 7.31xEBIT / PP&E · 2025-03-31Operating income / net PP&EOperating incomeINR 60.06BoperatingIncomeNet PP&EINR 8.22BpropertyPlantEquipmentResult 7.31x |
| 2026 | 5.0%Physical asset ratio · 2026-03-31(Net PP&E + inventory) / total assetsNet PP&EINR 8.92BpropertyPlantAndEquipmentNetInventoryINR 0.00Not reported, treated as 0Total assetsINR 177.82BtotalAssetsInventory was not reported and is treated as zero.Result 5.0% | 17.81xFixed asset turnover · 2026-03-31Revenue / net PP&ERevenueINR 158.80BtotalRevenueNet PP&EINR 8.92BpropertyPlantAndEquipmentNetResult 17.81x | 0.57xCapex / D&A · 2026-03-31Capital expenditures / depreciation and amortizationCapexINR 3.19BcapitalExpendituresD&AINR 5.55BdepreciationAndAmortizationResult 0.57x | INR 272.30Tangible book / share · 2026-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsINR 177.82BtotalAssetsGoodwillINR 47.68BgoodWillIntangiblesINR 7.76BintangibleAssetsLiabilitiesINR 70.38BtotalLiabTangible bookINR 52.00BShares190,958,000commonStockSharesOutstandingResult INR 272.30 | 1.48xFixed-charge coverage · 2026-03-31(EBITDA − capex) / (interest + short-term debt)EBITDAINR 32.69BebitdaCapexINR 3.19BcapitalExpendituresInterestINR 2.04BinterestExpenseShort-term debtINR 17.93BshortLongTermDebtEBITDA − capexINR 29.50BPrincipal due is the current portion of debt.Result 1.48x | INR 9.00BFree cash flow · 2026-03-31Reported free cash flowOperating cash flowINR 12.18BtotalCashFromOperatingActivitiesCapexINR 3.19BcapitalExpendituresFree cash flowINR 9.00BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result INR 9.00B | 17.5%ROIC · 2026-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeINR 24.28BoperatingIncomeTax expenseINR 6.47BincomeTaxExpensePretax incomeINR 25.09BincomeBeforeTaxTax rate25.8%EquityINR 107.44BtotalStockholderEquityDebtINR 26.20BshortLongTermDebtTotalCashINR 30.74BcashAndShortTermInvestmentsInvested capitalINR 102.90BResult 17.5% | 2.72xEBIT / PP&E · 2026-03-31Operating income / net PP&EOperating incomeINR 24.28BoperatingIncomeNet PP&EINR 8.92BpropertyPlantAndEquipmentNetResult 2.72x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Principal due is the current portion of debt.
Latest year inputs (2026)
Net PP&E: INR 8.92B
Inventory: INR 0.00
Total assets: INR 177.82B
Goodwill: INR 47.68B
Intangibles: INR 7.76B
Liabilities: INR 70.38B
Tangible book: INR 52.00B
Shares: 190,958,000
Revenue: INR 158.80B
Capex: INR 3.19B
D&A: INR 5.55B
EBITDA: INR 32.69B
Interest: INR 2.04B
Short-term debt: INR 17.93B
Free cash flow: INR 9.00B
Operating income: INR 24.28B
Invested capital: INR 102.90B
Tax rate: 25.8%